News

The latest maritime and offshore news.


Wednesday, November 11, 2020
Eta Takes Aim at Florida’s Gulf Coast for Fourth Landfall
Shipping News

Eta Takes Aim at Florida’s Gulf Coast for Fourth Landfall

By Gabriella Borter Nov 11 (Reuters) – Eta regained hurricane strength on Wednesday and was expected to bring squall winds and a storm surge to

November 11, 2020
Total Views: 169

Latin America Getting First Hybrid Propulsion Offshore Support Vessel
Offshore

Latin America Getting First Hybrid Propulsion Offshore Support Vessel

The platform supply vessel CBO Flamengo is set to become the first offshore support vessel in Latin America to be converted to hybrid power. CBO, one of the

November 11, 2020
Total Views: 338

U.S. Targets Insurers In Latest Round of Nord Stream 2 Sanctions
Shipping News

U.S. Targets Insurers In Latest Round of Nord Stream 2 Sanctions

By Daniel Flatley and Dina Khrennikova (Bloomberg) –The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the

November 11, 2020
Total Views: 233

ship emissions
Shipping News

Time to Launch Carbon Plan for Shipping is Now, Industry Says

By Jonathan Saul LONDON, Nov 11 (Reuters) – The shipping industry must act now in order to meet U.N. targets to cut carbon emissions by 2050, leading

November 11, 2020
Total Views: 133

Tuesday, November 10, 2020
Naval Coalition Celebrates One Year Protecting Shipping in Strait of Hormuz and Bab el-Mandeb Strait
Shipping News

Naval Coalition Celebrates One Year Protecting Shipping in Strait of Hormuz and Bab el-Mandeb Strait

The naval coalition tasked with protecting freedom of navigation and the free flow of commerce through two of the Middle East’s most critical choke

November 10, 2020
Total Views: 580

bridge of a ship
Shipping News

Overworked Seafarers Face ‘Systematic Failures’ in Work-Rest Compliance -Report

Seafarers face “systemic failures” in the implementation of the regulations related to hours of work and rest, undermining the credibility of the

November 10, 2020
Total Views: 563

Tropical Storm Eta Potentially Threatens U.S. Gulf Oil Production
Shipping News

Tropical Storm Eta Potentially Threatens U.S. Gulf Oil Production

By Brian K. Sullivan (Bloomberg) –Tropical Storm Eta poses a potential threat to offshore oil and natural gas production in the western Gulf of Mexico as

November 10, 2020
Total Views: 111

BP and Orsted Team Up on Green Hydrogen Project in Germany
Environment

BP and Orsted Team Up on Green Hydrogen Project in Germany

By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale

November 10, 2020
Total Views: 299

Carnival May Sell $1.5 Billion in Stock After Vaccine Rally
Cruise Ships

Carnival May Sell $1.5 Billion in Stock After Vaccine Rally

By Jonathan Levin (Bloomberg) –Carnival Corp. filed to sell as much as $1.5 billion in stock, joining at least one other travel-related company in taking

November 10, 2020
Total Views: 216

Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions
Shipping News

Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions

By Marianna Parraga, Rinat Sagdiev and Parisa Hafezi MEXICO CITY, Nov 10 (Reuters) – On Aug. 21, a tanker called the Otoman docked at the Jose oil

November 10, 2020
Total Views: 277

Challenging Assumptions Around the MV Wakashio Grounding
Shipping News

Challenging Assumptions Around the MV Wakashio Grounding

By Dr Ryan Lloyd, Head Of Research And Development at Geollect – On Sunday 25th July 2020, the Panama-flagged Japanese-owned MV Wakashio was involved in

November 10, 2020
Total Views: 1015

Monday, November 9, 2020
Loading Soybeans aboard ship in Rosario, Argentina
Shipping News

Argentine Grain Port Workers Strike Over Wages

By Nicolás Misculin BUENOS AIRES, Nov 9 (Reuters) – Argentine grain port workers launched surprise strikes to protest stalled wage talks, their labor

November 9, 2020
Total Views: 161

European Union Hits U.S. with Retaliatory Tariffs on $4 Billion Worth of Goods
Shipping News

European Union Hits U.S. with Retaliatory Tariffs on $4 Billion Worth of Goods

By Philip Blenkinsop and Michael Nienaber BRUSSELS/BERLIN, Nov 9 (Reuters) – The European Union will impose tariffs on up to $4 billion of U.S. imports

November 9, 2020
Total Views: 190

vlcc tanker
Shipping

Ownership Shake-up at Tanker Pool Operator Heidmar

Heidmar Chief Executive Officer Pankaj Khanna has taken full control of the tanker pool management company from shipping billionaire George Economou. The

November 9, 2020
Total Views: 564

container port
Interesting

Danaos a Big Winner as Containership Charter Rates Soar

By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered

November 9, 2020
Total Views: 715

cargo containers
Ports

Container Crunch Roiling Transpacific Trade

By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel

November 9, 2020
Total Views: 660

VB10000 Starts Cutting Golden Ray Wreck
Accidents

VB10000 Starts Cutting Golden Ray Wreck

Update: Section One Cut Complete – Photos The heavy lift vessel VB10000 began cutting the Golden Ray on Friday more than a year after the car carrier

November 9, 2020
Total Views: 11687

The Bean
News

Shipping Executive Caught In Sotheby’s Tax Scam

By Jonathan Stempel (Reuters) – Sotheby’s was sued on Friday by New York’s attorney general, who accused the auction house of defrauding the

November 9, 2020
Total Views: 835

Saturday, November 7, 2020
Joe Biden Wins U.S. Presidency
Defense

Joe Biden Wins U.S. Presidency

By John Whitesides and Joseph Ax WASHINGTON, Nov 7 (Reuters) – Democrat Joe Biden captured the U.S. presidency on Saturday, several major television

November 7, 2020
Total Views: 171

Friday, November 6, 2020
Havyard Ditching Newbuilds for Service and Repair Work
Shipbuilding

Havyard Ditching Newbuilds for Service and Repair Work

Norwegian shipbuilder Havyard has announced plans ditch newbuilds and focus its operations on ship repair and service. Unfortunately, this will lead to

November 6, 2020
Total Views: 166