News

The latest maritime and offshore news.


Monday, March 9, 2020
tanker loading
News

Oil in Grips of Chaos After Price War Triggers Historic Crash

By James Thornhill (Bloomberg) — Oil clawed back some of its biggest drop in a generation as a battle for market share between Saudi Arabia and Russia

March 9, 2020
Total Views: 105

Grand Princess Cruise Ship Docks in Oakland
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Grand Princess Cruise Ship Docks in Oakland

OAKLAND, Calif., March 9 (Reuters) – The cruise ship Grand Princess, barred last week from returning to its home port of San Francisco and facing

March 9, 2020
Total Views: 89

Stock photo of a tanker at sea
News

U.S. to Warn Shipping Against Storing Iranian Oil

WASHINGTON, March 9 (Reuters) – The Trump administration will soon issue advisories warning shippers, port officials and insurance companies against the

March 9, 2020
Total Views: 40

Photo courtesy Port Authority of New York and New Jersey
News

Head of Port Authority of New York and New Jersey Tests Positive for Coronavirus

The head of the Port Authority of New York and New Jersey has tested positive for coronavirus, New York Governor Andrew M. Cuomo announced on Monday. The Port

March 9, 2020
Total Views: 112

Oil Tanker Bridge
News

Wanted: Tankers to Store Oil as Price War Augurs Glut

By Serene Cheong, Sharon Cho, Alex Longley and Sheela Tobben (Bloomberg) — Oil’s plunge has revived memories of the 2008-09 recession, when traders

March 9, 2020
Total Views: 247

ships at port of rotterdam
News

Port of Rotterdam CEO Sees Slight Recovery in China Volumes

AMSTERDAM, March 9 (Reuters) – The number of container ships travelling from China to the port of Rotterdam seems to have recovered slightly, as

March 9, 2020
Total Views: 99

Stock photo shows an oil tanker at a terminal
News

Oil Prices Tank as Saudi-Russian Pump War Looms

By Dmitry Zhdannikov LONDON, March 9 (Reuters) – Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991

March 9, 2020
Total Views: 90

Sunday, March 8, 2020
Grand Princess Passengers Face Coronavirus Quarantine
News

Grand Princess Passengers Face Coronavirus Quarantine

By Steve Gorman and Barbara Goldberg (Reuters) – An ocean liner barred from returning to port in San Francisco due to a coronavirus outbreak on board

March 8, 2020
Total Views: 100

Friday, March 6, 2020
cma cgm containership
News

CMA CGM Sees China Operations Returning to Normal

PARIS, March 6 (Reuters) – French shipping group CMA CGM said its operations in China were returning to normal after the coronavirus

March 6, 2020
Total Views: 116

Divers Inspecting Stellar Banner Hull for Damage
News

Divers Inspecting Stellar Banner Hull for Damage

Divers are inspecting the Stellar Banner’s hull for damage as the VLOC remains aground but in stable condition off the coast of Brazil.  Currently there

March 6, 2020
Total Views: 348

Wärtsilä engine
News

Wärtsilä to Split Up Marine Business

Finnish technology group Wärtsilä will reorganize its marine business into three independent businesses.  The new businesses will consist of Marine

March 6, 2020
Total Views: 233

Merchant Mariners for the Gold
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Merchant Mariners for the Gold

Update March 13, 2020 – President Trump today signed into law the “Merchant Mariners of World War II Congressional Gold Medal Act of 2020,” a bill to

March 6, 2020
Total Views: 463

Watch the Trailer for Tom Hanks’ Latest Maritime Thriller GREYHOUND
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Watch the Trailer for Tom Hanks’ Latest Maritime Thriller GREYHOUND

Tom Hanks is returning to the maritime genre with his new movie GREYHOUND about a WWII convoy of ships crossing the treacherous North Atlantic to help fight

March 6, 2020
Total Views: 1084

offshore rig
News

North Sea Oil Producers Face Demanding Near-Term Carbon Target

By Mathew Carr (Bloomberg) — A group of U.K. North Sea oil and natural gas producers face an ambitious government-mandated target to cut their emissions

March 6, 2020
Total Views: 74

shipping container
News

Virus Hit to World Trade Much Worse Than U.S.-China Row, Allianz Says

By Ben Holland (Bloomberg) – The coronavirus epidemic and the attempt by governments to contain it may slash about $320 billion off global trade each

March 6, 2020
Total Views: 116

Thursday, March 5, 2020
motor vessel autosky
News

UECC to Test Marine Biofuel on Ro-Ro Vessel

European ro-ro operator UECC will trial the use of marine biofuel marking the first such trial of the sustainable fuel in the roll-on/roll-off sector. 

March 5, 2020
Total Views: 134

bunkering operations
News

Russian Ports to Disinfect Ships Arriving from Virus-Hit Countries

MOSCOW, March 5 (Reuters) – Russia has ordered the mandatory disinfection of ships arriving at the Black Sea ports of Novorossiisk and Yuzhnaya

March 5, 2020
Total Views: 94

Soy Vessel Stranded in Brazil After ‘Problem’ During Maneuvering
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Soy Vessel Stranded in Brazil After ‘Problem’ During Maneuvering

SAO PAULO, March 5 (Reuters) – The vessel Aeolian Grace, loaded with some 65,000 tonnes of soybeans, has been stranded in Brazil’s São Francisco

March 5, 2020
Total Views: 152

Cruise Stocks Plunge
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Cruise Stocks Plunge

March 5 (Reuters) – Shares of U.S. cruise operators sunk on Thursday after the Grand Princess ocean liner, owned by Carnival Corp, was barred from

March 5, 2020
Total Views: 92

carbon capture and storage
News

Equinor: Exploratory Carbon Storage Well Drilled in Norway

Norwegian energy giant Equinor and its partners Shell and Total have completed exploration drilling of a well that could serve as a reservoir for carbon

March 5, 2020
Total Views: 336