News

The latest maritime and offshore news.


Monday, June 24, 2019
MSC Gayane
Shipping News

More Arrests in MSC Gayane Cocaine Bust

U.S. authorities have made four more arrests related to the record cocaine bust on an MSC containership at the Port of Philadelphia last week. The

June 24, 2019
Total Views: 165

A Russian nuclear-powered icebreaker escorts ships on the Northern Sea Route, July 14 2016
Shipping News

Russia’s Rosatom Sees Northern Sea Route Development Costing $11.7 Billion

By Katya Golubkova and Gleb Stolyarov MOSCOW, June 24 (Reuters) – Russia’s ambitious Northern Sea Route (NSR) requires 735 billion roubles

June 24, 2019
Total Views: 109

front altair oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

U.S. Seeks Allies’ Support to Protect Persian Gulf Shipping Lanes

By Nick Wadhams (Bloomberg) –The U.S. is seeking support from allies for a program to monitor commercial shipping in the Persian Gulf after attacks on

June 24, 2019
Total Views: 77

MSC Magnifica cruise ship passes in the Giudecca Canal in Venice
Shipping News

Italian Conservation Group Calls for Venice Cruise Ban

By Philip Pullella ROME, June 24 (Reuters) – Venice should be put on the United Nations’ list of endangered cities and cruise ships should be

June 24, 2019
Total Views: 42

containership
Shipping News

Rivals Ride Rising Rates as Lloyd’s Abandons Some Ship Insurance

By Carolyn Cohn, Jonathan Saul and Suzanne Barlyn LONDON/NEW YORK, June 24 (Reuters) – Rivals to Lloyd’s of London are riding a rising tide of

June 24, 2019
Total Views: 62

Friday, June 21, 2019
offshore wind farm
Shipping News

Clean Energy Becomes Dominant Power Source in U.K.

By Jeremy Hodges (Bloomberg) –The U.K. will generate more energy from low-carbon sources than from fossil fuels this year for the first time since the

June 21, 2019
Total Views: 99

tanker loading
Shipping News

Oil Posts Best Week Since 2016 as Trump Calls Off Iran Raids

By Alex Nussbaum (Bloomberg) –Oil rocketed to its biggest weekly gain in more than two years as U.S. President Donald Trump’s aborted air strikes

June 21, 2019
Total Views: 30

Interview: Antimo Magnotta, Pianist on Costa Concordia, Talks About the Shipwreck that Changed His Life
Shipping News

Interview: Antimo Magnotta, Pianist on Costa Concordia, Talks About the Shipwreck that Changed His Life

Interview by Paul González-Morgan (Marine Strategy) – Antimo Magnotta is an Italian pianist and composer based in London since 2013. He started his

June 21, 2019
Total Views: 396

maersk blockchain
Shipping News

Digital Standards for Container Shipping on the Starting Blocks

By Gavin van Marle in Rotterdam (The Loadstar) – The first common digital standards for the container shipping industry are expected to be proposed this

June 21, 2019
Total Views: 114

The Philadelphia Energy Solutions oil refinery is seen at sunset in front of the Philadelphia skyline
Shipping News

Massive Explosions Rock Philadelphia Refinery

By Jarrett Renshaw PHILADELPHIA, June 21 (Reuters) – Firefighters were working to bring under control a massive fire at Philadelphia Energy Solutions

June 21, 2019
Total Views: 72

oil tanker
Shipping News

Shipping Rates for Mideast Oil Are Surging

By Alaric Nightingale and Firat Kayakiran (Bloomberg) –Oil tanker owners are raising the prices they charge to export Middle East crude as tensions

June 21, 2019
Total Views: 31

Thursday, June 20, 2019
maersk containership
Shipping News

Maersk Signs Up H&M for Carbon-Neutral Biofuel Trial

Danish shipping giant Maersk says fashion group H&M has become the first company to sign up to trial a new carbon-neutral offering that utilizes the use

June 20, 2019
Total Views: 92

cargo ship
Shipping News

IMO 2020’s Supply Chain Impact to Last ‘More than a Year’

By Mike Wackett (The Loadstar) – The path to complying with the IMO’s 0.5% sulphur cap regulations on bunker fuel in six months’ time will be

June 20, 2019
Total Views: 36

File photo shows the MSC Gayane
Shipping News

MSC Gayane Cocaine Bust: Affidavit Details High-Seas Rendezvous’ and Crew’s Effort to Conceal Drugs

Update: More Arrests in MSC Gayane Cocaine Bust New details are coming in about the massive cocaine bust in the Port of Philadelphia earlier this week,

June 20, 2019
Total Views: 580

offshore wind farm under construction. DJ Mattaar / Shutterstock
Shipping News

Renewable Energy Sector Hails New York State’s New Climate Plan

By Dave Gregorio NEW YORK, June 20 (Reuters) – Investors, developers and users of renewable energy at an industry conference in New York this week were

June 20, 2019
Total Views: 18

tanker in storm
Shipping News

Iran Exposes Oil’s Sea Change in the Persian Gulf

By Liam Denning (Bloomberg Opinion) –“It is not the role of the United States to take the lead in protecting neutral shipping in the [Persian] Gulf.”

June 20, 2019
Total Views: 54

Carnival Cuts 2019 Profit on Cuba Travel Ban, Weak Europe Demand
Cruise Ships

Carnival Cuts 2019 Profit on Cuba Travel Ban, Weak Europe Demand

June 20 (Reuters) – Carnival Corp cut its profit forecast for the year on Thursday, anticipating a hit from the Trump administration’s sudden ban

June 20, 2019
Total Views: 30

Wednesday, June 19, 2019
ultra large containerships
Shipping News

End of Shipping Alliances Would Send Freight Rates Soaring

By Gavin van Marle in Rotterdam (The Loadstar) – Shipper opposition to deepsea liner shipping alliances may be dangerously misplaced, delegates at the

June 19, 2019
Total Views: 67

File photo shows the MSC Gayane
Shipping News

MSC Gayane Cocaine Seizure is One of the Largest on Record in U.S.

June 18 (Reuters) – Federal authorities seized 16.5 tons of cocaine worth more than $1 billion from a ship in Philadelphia in one of the largest drug

June 19, 2019
Total Views: 198

front altair oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

U.S. Navy Says Mine Fragments Suggest Iran Behind Gulf Tanker Attack

By Aziz El Yaakoubi FUJAIRAH, United Arab Emirates, June 19 (Reuters) – The United States sought on Wednesday to bolster its case for isolating Iran over

June 19, 2019
Total Views: 70