Wednesday, February 24, 2021
Shipping

Maersk Tankers and Cargill Team Up on New Bunker Procurement Service

Maersk Tankers and Cargill have teamed up to launch a new bunker procurement service that will offer better pricing, service and transparency to tramp shipping companies and trading houses. The...

13 hours ago
Total Views: 1489

Shipping

Cheniere Expects Gradual Rise in LNG Demand with Vaccine Rollout

Feb 24 (Reuters) – Cheniere Energy Inc raised its full-year adjusted core earnings forecast on Wednesday, expecting incremental growth in demand for liquefied natural gas as COVID-19 vaccinations boost economic...

15 hours ago
Total Views: 446

container ship
Shipping

International Chamber of Shipping Says Tackling Trade Protectionism Can Lift Post-Covid GDP

By Jack Wittels (Bloomberg) — Governments must look again at eliminating practices that hinder trade if they want to fire an economic recovery once Covid-19 has been tackled, according to new...

18 hours ago
Total Views: 210

Shipping

Singapore Port Authority Backs Ammonia Fuel Project

SINGAPORE, Feb 24 (Reuters) – The Maritime and Port Authority of Singapore (MPA) has joined an industry-led project to advance the use of ammonia as a marine fuel to reduce...

18 hours ago
Total Views: 331

Tuesday, February 23, 2021
Ports

U.S. Imports Surge Set to Run Into Summer as West Coast Ports struggle

By Mike Wackett (The Loadstar) – Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable conditions for carriers and shipowners to last at least into...

February 23, 2021
Total Views: 2019

Shipbuilding

U.S. Shipping Companies to Spend $87 Million in Great Lakes Region this Year

American shipping companies operating the U.S.-flag Great Lakes fleet will invest nearly $87 million at shipyards and facilities across the region this year, according to new figures released by the...

February 23, 2021
Total Views: 2329

Shipping

Austal USA President Resigns Amid Investigations Into LCS Program

Australian-based shipbuilder Austal has announced the resignation of Austal USA president Craig Perciavalle amid ongoing investigations in the United States and Australia into the company’s Littoral Combat Ship (LCS) program...

February 23, 2021
Total Views: 9818

Shipping

Partnership Planning Remote-Controlled Tugboat for Port of Copenhagen

A agreement has been signed to develop the world’s first fully remote-controlled tug to operate at the Port of Copenhagen. The deal was signed between global towage operator and Maersk...

February 23, 2021
Total Views: 2105

Shipping

‘Perfect Trips’: Venezuela and Iran Swap Jet Fuel for Gasoline

By Deisy Buitrago and Marianna Parraga CARACAS/MEXICO CITY, Feb 23 (Reuters) – Venezuela is shipping jet fuel to Iran in return for vital gasoline imports for the South American nation as part...

February 23, 2021
Total Views: 5364

Accidents

Australia Launches Livestock Carrier Inspection Campaign

The Australian Maritime Safety Authority has launched a inspection campaign that will target all livestock carriers departing the country after recent incidents involving the ships. The purpose of the focused...

February 23, 2021
Total Views: 4373

maersk containership
Shipping

Maersk Backs Plan for Large Green Ammonia Plant in Denmark

COPENHAGEN, Feb 23 (Reuters) – Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe’s largest green ammonia plant in Denmark as part...

February 23, 2021
Total Views: 1739

Accidents

Maersk Updates on Transpacific Ships’ Return to Service After Cargo Losses

Maersk is providing updates on its two ships that lost a significant number of containers overboard in the Pacific Ocean recently. First up is Maersk Essen which lost some 750...

February 23, 2021
Total Views: 6713

Monday, February 22, 2021
lng carrier
Shipping

GasLog to Go Private in Merger Deal with BlackRock

Greece-based LNG shipping company GasLog (NYSE: GLOG) has entered into an agreement to merge with a unit of the world’s largest asset management firm BlackRock, resulting in the NYSE-listed company...

February 22, 2021
Total Views: 1448

container terminal at port
Shipping

Shipping Snarls Force Global Trading to Look Outside the Box

By Enda Curran (Bloomberg) — An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers to scramble for cheaper solutions. Exporters, importers and their agents...

February 22, 2021
Total Views: 1931

Accidents

Israel Investigates Ships As Source Of Mystery Offshore Oil Spill

By Ari Rabinovitch JERUSALEM (Reuters) – Israel is trying to find the ship responsible for an oil spill that drenched much of its Mediterranean shoreline with tar, an environmental blow that will take months or...

February 22, 2021
Total Views: 3038

Friday, February 19, 2021
container ship
Shipping

Container Rates Buck Usual Post-Chinese New Year Slump

By Mike Wackett (The Loadstar) – Ocean carriers are determined to keep container spot rates at their highly elevated levels for as long as possible, as they look to lock in annual...

February 19, 2021
Total Views: 3891

Shipping

Crowley Integrates Naval Architecture Subsidiary Jensen Maritime Into Shipping Unit

Florida-based Crowley says it has fully integrated its naval architecture subsidiary Jensen Maritime into a new engineering services group under the Crowley umbrella. Crowley says the new group, named Crowley...

February 19, 2021
Total Views: 1648

Shipping

UK Hails Biggest Drug Bust as Cocaine Worth $250 Million Found in Shipment of Bananas from Colombia

LONDON, Feb 19 (Reuters) – British police have seized over 2 tonnes of cocaine in one of the country’s largest ever drug busts after they discovered 184 million pounds ($258...

February 19, 2021
Total Views: 5197

lng carrier
Ports

No LNG Carriers Loading at Texas Export Terminals

By Sergio Chapa and Michael Tobin (Bloomberg) — Right now there are no liquefied natural gas tankers docked and loading at any of the six U.S. export terminals for the first...

February 19, 2021
Total Views: 2201

Thursday, February 18, 2021
freeport LNG
Shipping

Texas Mandate to Bar Natural Gas Exports During Power Crisis Likely Unenforceable

By Jennifer Hiller Feb 18 (Reuters) – The Texas oil and gas regulator on Thursday alerted state natural gas producers of a directive to reserve their supplies for in-state electric...

February 18, 2021
Total Views: 1751