Wednesday, September 22, 2021
lng carrier
Shipping

LNG Suppliers Focus on Spot Deals in Price Jump -Buyer

By Anna Shiryaevskaya and Verity Ratcliffe (Bloomberg) — Liquefied natural gas suppliers are limiting the volume they deliver under long-term contracts in favor of higher-priced spot sales, according to GAIL India...

2 mins ago
Total Views: 0

sabine pass lng exports
Shipping

U.S. Energy Exports Show First Surplus Since at Least the 1970s

By Simon Casey (Bloomberg) — Trade deficits have been a stubborn feature of the U.S. economy for decades now, but energy has started to buck that trend, helped by burgeoning shipments...

6 hours ago
Total Views: 291

diego garcia
Shipping

Operation DGAR: A Collective Effort to Repatriate Stranded Mariners During a Global Pandemic

A Case Study in the flexibility, ingenuity and responsiveness of the commercial maritime industry during the COVID-19 Pandemic. By Chris Fertig By the spring of 2020, COVID-19 restrictions on travel...

9 hours ago
Total Views: 151

Tuesday, September 21, 2021
container ship
Shipping

Marine Money Climate Summit Day 1: Techno-Economic Models and No More Noon Reports

The maritime climate season has now officially begun. Marine Money, the prodigious publisher and conference organizer which has positioned itself at the intersection of maritime and climate related matters, kicked...

September 21, 2021
Total Views: 627

maersk containership
Shipping

Maersk Heading to Biggest Profit in Danish History

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is now heading for a full-year profit that will match its combined results from the past nine years and make business history in...

September 21, 2021
Total Views: 6589

MSC container-ship Port of Montreal Canada
Shipping

MSC Newbuilds to Ride Carpets of Bubbles to Fuel Savings

Some big news today in the world of bubbles. Or air lubrication, to be specific. London-based Silverstream Technologies, a leader in the field of air lubrication systems for ships, says...

September 21, 2021
Total Views: 2036

Ships moored Parana River Port
Shipping

Jan de Nul to Keep Dredging Argentina’s Parched Parana River

BUENOS AIRES, Sept 21 (Reuters) – Argentina’s government has formally agreed a 90-day deal with Belgian firm Jan de Nul to keep dredging the Parana River, a key grains thoroughfare,...

September 21, 2021
Total Views: 1203

cosco shipping
Shipping

US And China Compete To Rebuild Sudan’s State Shipping Firm

By Mohammed Alamin (Bloomberg) Sudan’s state shipping company is considering a Chinese offer to revamp a fleet that’s shrunk to just one boat as the African nation targets a boost...

September 21, 2021
Total Views: 1520

Monday, September 20, 2021
port of los angeles and long beach
Ports

More Ships Coming Than Going as Ports of Los Angeles and Long Beach Continue to Set Records

The Marine Exchange of Southern California (MXSOCAL) reported new records again today as ships carrying your Christmas gifts and other manufactured consumer goods continue to pour into the nation’s top...

September 20, 2021
Total Views: 3995

Shipping

U.S. Grain Exports Rise as Gulf Terminals Slowly Recover from Ida

By Julie Ingwersen Sept 20 (Reuters) – U.S. grain exports increased last week as shippers along the Louisiana Gulf Coast recovered from flooding and widespread power outages caused by Hurricane...

September 20, 2021
Total Views: 718

ship breaking
Shipping

Seven Shipbreaking Workers Killed in Accidents in Bangladesh, Turkey -NGO

A string of accidents at Bangladesh’s infamous shipbreaking beach killed five workers in August, raising the annual death toll dramatically, NGO Shipbreaking Platform confirmed. Two workers were also killed in...

September 20, 2021
Total Views: 3205

cma cgm ship
Shipping

CMA CGM Data Hack Leaves Confused Customers in the Dark

By Nick Savvides (The Loadstar) – Confusion reigned among the customers of French carrier CMA CGM, as hackers wrote to media organisations claiming to have accessed customer data – but many of...

September 20, 2021
Total Views: 2005

bulk ship
Shipping

Baltic Index Rallies to 12-Year High on Gains Across Vessels

Broad sell-off in bulk shipping stocks even as Baltic Dry Index hits 12-year high. GNK -11%, GOGL -13%, DSX -11%, EGLE -11%, SB -9%. By Ashitha Shivaprasad Sept 20 (Reuters)...

September 20, 2021
Total Views: 961

lng carrier
Shipping

Here’s Why Europe, Desperate for Gas, Isn’t Buying LNG

By Anna Shiryaevskaya (Bloomberg) — A record rally in natural gas prices in Europe doesn’t mean it’s become lucrative to send every available molecule to the region. Even though European prices have more...

September 20, 2021
Total Views: 3075

Friday, September 17, 2021
port of long beach
Shipping

Maersk Gives Bleak Operations Update Amid Unprecedented Supply Chain Chaos

A.P. Moller-Maersk has painted a bleak picture of global supply chains in an operations update published Friday. The update comes as supply chains are under major stress with historic congestion...

September 17, 2021
Total Views: 2934

port of los angeles and long beach
Shipping

Los Angeles Port Logjam Has Enough Containers to Cross Half the U.S.

By Brendan Murray (Bloomberg) The number of container ships waiting to enter the biggest U.S. gateway for trade with Asia reached an all-time high of 65 vessels, carrying potential payloads of...

September 17, 2021
Total Views: 10115

Shipping

‘No Empty Barges’ Cripples US Fertilizer Supply

By Elizabeth Elkin (Bloomberg) Hurricane Ida struck the heart of the U.S. fertilizer industry, and now Storm Nicholas threatens even more damage in the Gulf of Mexico, potentially driving up the...

September 17, 2021
Total Views: 1910

Thursday, September 16, 2021
bulk carrier ship
Shipping

Marine Insurers Warn of Liquefaction Risks from Sierra Leone Iron Ore Fines Cargoes

Marine liability insurers are warning bulk carrier owners of increasing liquefaction risk of iron ore fines cargoes from Sierra Leone. In a recent circular to members, the International Group of...

September 16, 2021
Total Views: 2117

maersk ship
Shipping

Maersk CEO Sees No Sign of Freight Market Easing This Year

COPENHAGEN, Sept 16 (Reuters) – Danish shipping giant A.P. Moller-Maersk sees no indication that the current red-hot shipping market will lose steam this year, its chief executive said on Thursday. Maersk lifted...

September 16, 2021
Total Views: 766

APM terminals los angeles
Shipping

‘Exceptional’ Container Market Leads Maersk to Upgrade Guidance… Again

A.P. Moller-Maersk, parent company to the world’s largest shipping line, has once again upgraded its guidance for the reminder of the year in a big way, with underlying EBITDA now...

September 16, 2021
Total Views: 1274