News

The latest maritime and offshore news.


Thursday, January 12, 2017
International Maritime Treaties Recognition and Trump: Protectionist or Progressive?
Shipping News

International Maritime Treaties Recognition and Trump: Protectionist or Progressive?

By Chester D. Hooper and Christopher R. Nolan (Holland & Knight) – Much has been theorized in the past two months concerning whether the Trump

January 12, 2017
Total Views: 29

port of hong kong
News

Singapore Container Volumes Stagnant at 30 Million TEU in 2016

By Gavin van Marle (The Loadstar) – Singapore’s terminal operator PSA today reported that it handled 67.63m teu across both its international network

January 12, 2017
Total Views: 83

port of los angeles
Shipping News

Port of Los Angeles Reports Record Cargo Volume in 2016; 8.8 Million TEU Handled

Cargo volumes at the Port of Los Angeles reached 8,856,782 TEU in 2016, marking the busiest year ever for the port or any port in the Western Hemisphere Port

January 12, 2017
Total Views: 47

Fifteen Containers Lost from Cargo Ship in North Sea
Shipping News

Fifteen Containers Lost from Cargo Ship in North Sea

A total of 15 containers were lost from a general cargo ship in the North Sea off the Netherlands on Wednesday. The Dutch Coastguard reported the

January 12, 2017
Total Views: 133

china cosco
News

China’s COSCO Secures $26 Billion Financing Pledge

SHANGHAI, Jan 12 (Reuters) – COSCO Shipping Corporation said policy lender China Development Bank has pledged to provide it with 180 billion yuan ($26

January 12, 2017
Total Views: 38

China Pushes Back After Tillerson Warns on South China Sea
Shipping News

China Pushes Back After Tillerson Warns on South China Sea

By Bloomberg News (Bloomberg) — China said it had the right to act in its own territory in the disputed South China Sea, pushing back after

January 12, 2017
Total Views: 22

Ports Chase Natural Gas Boost as Marine Emissions Rules Tighten
Ports

Ports Chase Natural Gas Boost as Marine Emissions Rules Tighten

By Natalie Obiko Pearson and Naureen S. Malik (Bloomberg) — The tightening of emissions limits for deep-water ships has some of North America’s

January 12, 2017
Total Views: 44

Crew Rescues as North Korean Cargo Ship Sinks Off Japan
News

Crew Rescues as North Korean Cargo Ship Sinks Off Japan

TOKYO, Jan 12 (Reuters) – A North Korean cargo vessel carrying rice sank off the west coast of Japan’s westernmost major island of Kyushu on

January 12, 2017
Total Views: 59

Insurance Gaps Leave Shipping Exposed to Growing Cyber Threats
News

Insurance Gaps Leave Shipping Exposed to Growing Cyber Threats

By Jonathan Saul and Carolyn Cohn LONDON, Jan 12 (Reuters) – Shipping companies grappling with the threat of cyber attacks on vessels are finding

January 12, 2017
Total Views: 54

Bulker under construction at Yangzijiang Shipbuilding in China
Shipping News

Setting Sights on High-End Market, China Pledges Support for Shipbuilding Industry

SHANGHAI, Jan 12 (Reuters) – China aims to capture up to 40 percent of the global high-end marine equipment market over the years through 2020 while

January 12, 2017
Total Views: 32

Wednesday, January 11, 2017
rickmers maritime
Interesting

2010-Built Panamax Containership ‘Hammonia Grenada’ Sold for Scrap

Another 7-year-old panamax containership is headed to the breakers, all but solidifying the death of the panamax-class amid global shipping’s

January 11, 2017
Total Views: 278

Elaine Chao
News

U.S. Transportation Nominee Chao Cruises Through Confirmation Hearing; “Jones Act Will Be Obeyed”

Editor’s note: I included a few quotes from Elaine Chao today after she was asked about the Jones Act and the issues at USMMA, including the Sea

January 11, 2017
Total Views: 63

U.S. Shifts LNG Exports to Asia as Arb Opens Up
News

U.S. Shifts LNG Exports to Asia as Arb Opens Up

Jan 11 (Reuters) – The biggest divergence between U.S. and Asian gas prices in a year has created an opportunity for tankers delivering liquefied natural

January 11, 2017
Total Views: 50

China Can Expect a Surge in Offshore Wind Farms, Goldwind Says
Shipping News

China Can Expect a Surge in Offshore Wind Farms, Goldwind Says

By Bloomberg News (Bloomberg) — China’s development of offshore wind farms could be set to accelerate, supported by favorable government-backed

January 11, 2017
Total Views: 105

USMMA Cadet using a sextant for celestial navigation
News

U.S. Merchant Marine Academy Reinstates Sea Year… Sort Of

The U.S. Department of Transportation has announced its plan to restore Sea Year training as part of the curriculum for Midshipmen at the United States

January 11, 2017
Total Views: 135

Fincantieri’s Bid for STX France Seen Finalised in April
News

Fincantieri’s Bid for STX France Seen Finalised in April

By Emmanuel Jarry PARIS, Jan 11 (Reuters) – A bid by Italian shipbuilder Fincantieri for STX France is likely to be signed formally around Feb. 15 with

January 11, 2017
Total Views: 72

Singapore Bunker Volumes Expected to Set Record High in 2016
News

Singapore Bunker Volumes Expected to Set Record High in 2016

By Roslan Khasawneh Jan 11 (Reuters) – The Maritime and Port Authority of Singapore (MPA) expects 2016 sales of bunker fuel for ships to rise to a record

January 11, 2017
Total Views: 35

Tuesday, January 10, 2017
Maersk Containership Grounds in Southern Italy
Interesting

Maersk Containership Grounds in Southern Italy

A 366-meter-long Maersk Line containership ran aground early Tuesday while transiting the Strait of Messina in Southern Italy. The Italian Coast Guard

January 10, 2017
Total Views: 584

Unexploded WWII Mine Found Floating Near German Offshore Wind Farm
News

Unexploded WWII Mine Found Floating Near German Offshore Wind Farm

An unexploded mine believed to be from WWII has been found floating near an offshore wind farm in the North Sea off Germany. Germany’s Central Command

January 10, 2017
Total Views: 426

al-shaheen
Offshore

Maersk Oil Announces 160 Layoffs in Denmark

Maersk Oil plans to reduce its workforce in Denmark by approximately 160 positions as part of a plan to simplify the organization, the company said this week.

January 10, 2017
Total Views: 93