Thursday, October 7, 2021
Port-Louis harbor mauritius
Shipping

Former Mauritian Port Chairman Bribed by Boskalis Gets Jail Term Extended on Appeal

Former Mauritius Ports Authority Chairman has had his 2019 conviction upheld and sentence extended by the Mauritian Supreme Court. By Vel Moonien in Mauritius Thirteen years after an investigation was launched...

October 7, 2021
Total Views: 1420

lng carrier
Shipping

Dash for Gas Sparks Oil Switch, Pushes More Suppliers to Brink

By Noah Browning and Susanna Twidale LONDON, Oct 7 (Reuters) – Soaring gas prices are forecast to drive a switch to oil and put more energy suppliers in Britain out of business,...

October 7, 2021
Total Views: 1493

Shipping

Clean Sea Transport Acquires Marinvest’s Fleet of Methanol-Fueled and Ice Class Tankers

Clean Sea Transport, the joint venture between MSEA Group, Arkview Capital, and Scorpio Tankers (NYSE:STNG), has acquired 100% interest in Marinvest’s fleet of methanol-fueled tankers, along with four ice class...

October 7, 2021
Total Views: 639

Shipping

Hapag-Lloyd Ship Reportedly Ruled Out as Suspect in California Oil Spill Investigation

The U.S. Coast Guard inspected a containership in the Port of Oakland suspected as a potential vessel of interest in the Southern California oil spill, the Los Angeles Times reported...

October 7, 2021
Total Views: 3350

Piraeus Port
Shipping

Greece Completes Transfer of Piraeus Port Stake to COSCO

ATHENS, Oct 7 (Reuters) – Greece’s privatisations agency transferred shares corresponding to a 16% stake in Piraeus Port Authority to Chinese port operator COSCO Shipping after an amendment to a previous concession...

October 7, 2021
Total Views: 594

Shipping

Forecasters See No Supply Chain Recovery Before End of Next Year

By Mike Wackett (The Loadstar) – Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed by analysts. Both...

October 7, 2021
Total Views: 1994

Wednesday, October 6, 2021
Accidents

NTSB Reports Probable Cause of Engine Room Fire Aboard Fishing Vessel ‘Master Dylan’

Failure of a diesel generator caused an engine room fire aboard a commercial fishing vessel in the Gulf of Mexico, according to the National Transportation Safety Board. No injuries were...

October 6, 2021
Total Views: 2406

Shipping

New York Lawmakers Call for Investigation of Merchant Marine Academy Cadet’s Alleged Sexual Assault

U.S. Congressman Tom Suozzi (D-Long Island, Queens) and U.S. Senator Kirsten Gillibrand (D-NY) have called for an immediate investigation after an unidentified female Midshipman at the U.S. Merchant Marine Academy...

October 6, 2021
Total Views: 2549

bulk carrier at sea
Shipping

The Dry Bulk Parabola: What Goes Up Must Come Down… Right?

The drybulk market, where large deepsea vessels transport unpackaged (therefore, “bulk”) cargoes of iron ore, coal (for heating and for steel making), various grains, and a host of lesser known...

October 6, 2021
Total Views: 2531

hanjin ship
Shipping

Container Shipping Market Is So Hot It’s Reviving Hanjin Heavy Industries

South Korean shipbuilder Hanjin Heavy Industries & Construction has announced its first commercial shipbuilding order in six years with an order for four 5,500 TEU containerships. The order comes on...

October 6, 2021
Total Views: 12125

iron ore loading
Shipping

Baltic Index Extends Rally as Capesize Benchmark Breaches 10,000 Points

Oct 6 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Wednesday as robust demand and port congestion propelled the capesize index above 10,000...

October 6, 2021
Total Views: 848

Shipping

Maritime Professor Breaks Down How a Ship Could Have Dragged a Pipeline and Caused California’s Worst Oil Spill in Decades

In the this video, Dr. Sal Mercogliano expertly breaks down how a commercial ship could have dragged a 4,000 foot stretch of oil pipeline that officials have identified as the...

October 6, 2021
Total Views: 6724

ship emissions
Environment

Shipping Industry Outlines Roadmap to Achieve Net Zero CO2 Emissions by 2050

A shipping industry trade group representing over 80% of the world’s merchant fleet has proposed a bold new plan to help the industry achieve net zero CO2 emissions by 2050,...

October 6, 2021
Total Views: 876

Tuesday, October 5, 2021
western callao bulk carrier
Shipping

Australia Bans Bulk Carrier for Six Months Over Maritime Labor Breaches

Australian maritime authorities have banned a Singapore-flagged bulk carrier from the country’s port for six months for breaches of the Maritime Labour Convention related to underpayment of the ships crew...

October 5, 2021
Total Views: 4836

Shipping

It Certainly Sounds Like It Was a Ship’s Anchor That Caused the California Oil Spill

New details about the pipeline could be the smoking gun in the investigation into the cause of Southern California’s oil spill. Officials responding to the oil spill off the coast...

October 5, 2021
Total Views: 7308

Shipping

A Record Number of Ships Are Anchored Near the Pipeline Responsible for California’s Oil Spill: Could One Have Caused the Leak?

By Jessica Resnick-Ault and Nichola Groom LOS ANGELES, Calif., Oct 5 (Reuters) – Ships in record numbers have jammed the port complex near this weekend’s oil spill in California, according...

October 5, 2021
Total Views: 3048

Shipping

West Coast-Based Centerline Logistics Picks Up Former Bouchard Transportation ATBs

Seattle-headquartered Centerline Logistics has announced the acquisition of multiple petroleum Articulated Tug and Barge units (ATBs) previously owned by New York-based Bouchard Transportation. Included in the acquisition is a 2016-built...

October 5, 2021
Total Views: 2160

general cargo bulk ship
Shipping

Coca-Cola Turns to Bulkers Amid Container Shipping’s Chaos

The chaos in container shipping has forced some brands like Home Depot, Ikea and Costco to get creative with their supply chains. We can now add The Coca-Cola Company to...

October 5, 2021
Total Views: 19312

vlcc tanker
Shipping

Energy Trader Gunvor’s Employees Make How Much??

By Andy Hoffman (Bloomberg) — A rare disclosure by Gunvor Group Ltd. confirms what’s long been suspected — jobs at energy trading firms pay very well.  Gunvor had about 1,671 employees...

October 5, 2021
Total Views: 4528

Monday, October 4, 2021
Port of Savannah Garden City Terminal
Shipping

US East Coast Ports Backed Up as Congestion Spreads

By Ian Putzger in Toronto (The Loadstar) – Persistent and mounting congestion at US west coast ports has caused some shippers to seek the sanctuary of the east coast to speed cargo...

October 4, 2021
Total Views: 3378