Monday, January 18, 2021
Shipping

Search Suspended for Missing Fishermen Off Midway Island

The U.S. Coast Guard has suspended the active search for 10 missing crewmembers from a Taiwanese fishing vessel off of Midway Island in the Pacific Ocean. Rescue crews from the...

17 hours ago
Total Views: 1591

Shipping

OOCL Profits are Surfing the Wave of Soaring Rates and Demand

By Mike Wackett (The Loadstar) – A very strong fourth-quarter 2020 operational update from OOCL is an indicator of the rich vein of profitability enjoyed by the liner industry since the middle...

19 hours ago
Total Views: 1099

Shipping

U.S. Plans to Sanction ‘Fortuna’ Vessel Doing Nord Stream 2 Work

By Michael Nienaber BERLIN, Jan 18 (Reuters) – The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the...

21 hours ago
Total Views: 6082

Ports

China’s Economy Ends 2020 Upbeat After COVID-19 Shock

By Gabriel Crossley and Kevin Yao BEIJING, Jan 18 (Reuters) – China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020...

22 hours ago
Total Views: 720

Christophe de margerie
Shipping

Russia Prepares Earliest-Ever Arctic LNG Transit to Asia

By Irina Reznik, Anna Shiryaevskaya and Dina Khrennikova (Bloomberg) — Russia is preparing to make the earliest-ever shipment of liquefied natural gas to Asia, taking advantage of thinning ice in the...

January 18, 2021
Total Views: 2606

Ports

Trafigura Wins Rare Bonded Bunker License in China’s Marine Fuel Hub

SINGAPORE, Jan 15 (Reuters) – Commodities trader Trafigura has won a licence to supply bonded marine fuel at the port of Zhoushan, China’s top bunker fuel hub, a company spokeswoman...

January 18, 2021
Total Views: 1064

Friday, January 15, 2021
Shipping

Biden Transition: Climate, Cabotage and Competition

This article is part of a series by Holland & Knight’s Transportation & Infrastructure Industry Sector Group leading up to President-elect Biden’s Jan. 20, 2021 inauguration, with insights into the likely impacts on industry...

January 15, 2021
Total Views: 2537

Shipping

Frank Coles Resigns as Wallem Group CEO to Focus on Seafarers’ Rights

Hong Kong-based maritime tech company Wallem Group has announced the resignation of Chief Executive Frank Coles so he can focus his efforts on seafarers’ rights and welfare amid the ongoing...

January 15, 2021
Total Views: 2435

Shipping

Return of Bunker Surcharges Possible as Low Sulphur Fuel Spread Widens

By Mike Wackett (The Loadstar) – As oil prices head north again, ocean carriers are preparing to ramp up low-sulphur fuel surcharges to add to the misery of shippers struggling with sky-high...

January 15, 2021
Total Views: 2887

irisl containers
Shipping

U.S. Targets Iranian Shipping with Fresh Sanctions in Final Days of Trump Presidency

WASHINGTON, Jan 15 (Reuters) – The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and...

January 15, 2021
Total Views: 1353

Maritime Administrator-mark-buzby
Shipping

Buzby Resigns as U.S. Maritime Administrator

Rear Adm. Mark H. Buzby has resigned from his post as U.S. Maritime Administrator following last week’s insurrection at the U.S. Capitol. “I no longer believe that I am able...

January 15, 2021
Total Views: 10407

Shipping

Why South China Sea Is Key to Blacklisted Oil Giant CNOOC

By Bloomberg News (Bloomberg) — China’s biggest offshore driller is being targeted in the final days of President Donald Trump’s administration for its activity in the South China Sea. China National Offshore Oil...

January 15, 2021
Total Views: 2508

Ports

Port of Los Angeles Reports Fourth-Busiest Year on Record in 2020

The Port of Los Angeles reported its fourth best year on record in 2020 as a late-year surge of pandemic-induced consumer spending helped boost volumes to near 2019 levels. In...

January 15, 2021
Total Views: 887

Thursday, January 14, 2021
Shipping

Panama Canal’s LNG Bottleneck Could Last Until March

By Sabrina Valle and Elida Moreno RIO DE JANEIRO/PANAMA CITY, Jan 14 (Reuters) – Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand...

January 14, 2021
Total Views: 24404

Shipping

Drunk Man Arrested After Coast Guard Locates Stolen Tiki Hut Bar in Florida Keys

A U.S. Coast Guard crew from Station Key West have recovered a floating tiki hut bar that was reported stolen near in the Florida Keys Unsurprisingly, the person aboard showed...

January 14, 2021
Total Views: 21030

offshore wind
Shipping

Brooklyn Waterfront Lands Role in New York State’s Offshore Wind Push

By Josh Saul and Will Wade (Bloomberg) — New York is poised to become a hub for offshore wind energy with the state on Wednesday tapping Norwegian giant Equinor ASA to...

January 14, 2021
Total Views: 1697

A bunker vessel prepares to supply fuel to Hin Leong's Pu Tuo Shan VLCC supertanker in the waters off Jurong Island in Singapore
Shipping

Shell Unit Named Singapore’s Top Marine Fuel Supplier of 2020

SINGAPORE, Jan 14 (Reuters) – Shell Plc’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, moved up a notch to be the top marine fuel supplier in the world’s biggest...

January 14, 2021
Total Views: 810

ocean cleanup project
Environment

Maersk Extends Partnership to Help Cleanup Plastic Pollution at Sea

Maersk and the Dutch non-profit The Ocean Cleanup are extending their partnership to rid the world’s ocean of plastic pollution. Founded in 2013, The Ocean Cleanup’s mission is to develop...

January 14, 2021
Total Views: 4495

Oil tanker is docked in Venezuela
Shipping

Pacific Island Nation Says Tanker Used False Flag to Transport Venezuelan Crude

By Lucia Kassai (Bloomberg) — The island nation of Palau says a tanker that recently loaded Venezuelan crude was using a false signal to disguise its identity, potentially putting the Pacific...

January 14, 2021
Total Views: 6328

Wednesday, January 13, 2021
shipping container
Shipping

Surging Shipping Rates Add New Headwind for the Global Economy

By Enda Curran and Brendan Murray (Bloomberg) — Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led...

January 13, 2021
Total Views: 3002