Thursday, April 8, 2021
lng bunkering rotterdam
Environment

CMA CGM to Purchase Biomethane Fuel to Help Reduce Well-to-Wake CO2 Emissions

French shipping line CMA CGM says it will purchase 12,000 tonnes of biomethane fuel as part of the company’s plan of becoming carbon neutral by 2050. That’s enough biomethane to...

April 8, 2021
Total Views: 1233

port of los angeles and long beach
Ports

Global Supply Lines Struggle to Clear Container Backlog After Suez Chaos

By Jonathan Saul and Timothy Aeppel LONDON/LOS ANGELES, April 8 (Reuters) – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near...

April 8, 2021
Total Views: 1382

Wednesday, April 7, 2021
containers at port of los angeles
Shipping

Federal Maritime Commission Holds Closed-Door Meeting on Ongoing Ocean Supply Chain Investigation

Federal Maritime Commission held a virtual meeting Wednesday discuss developments in the ongoing fact finding investigation into challenges facing the ocean transportation supply chain system and possible Shipping Act violations...

April 7, 2021
Total Views: 2979

mpv everest
Accidents

Australian Antarctic Resupply Ship Suffers Engine Room Fire Over 1,400 Miles from Home

An Antarctic resupply vessel chartered by the Australian government suffered a fire in one of its two engine rooms while returning from a mission to the frozen continent. The ice-strengthened...

April 7, 2021
Total Views: 5883

Shipping

Container Shipping Had Its Best Quarter in History Last Year. 2021 Could Be Even Better

By Mike Wackett (The Loadstar) – Ocean carriers enjoyed their best quarter in container shipping history in the final three months of 2020, but are expected to have significantly topped that record...

April 7, 2021
Total Views: 2505

bulk carrier underway
Shipping

Dry Bulk Shipping Rates Are Surging and the Rally Isn’t Over

By Isis Almeida, Rachel Graham and Annie Lee (Bloomberg) — For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for...

April 7, 2021
Total Views: 2383

port of long beach
Ports

U.S. Trade Deficit Widened to Record in February

By Olivia Rockeman (Bloomberg) — The U.S. trade deficit widened in February to a record high as solid household and business demand kept imports running ahead of shipments to overseas customers....

April 7, 2021
Total Views: 674

Tuesday, April 6, 2021
msc ariane
Shipping

‘Bad Fuel’ Cited as MSC Containership Breaks Down En Route to Los Angeles

A 366-meter containership belonging to MSC Mediterranean Shipping Company has broken down in the Pacific Ocean after reporting a fuel quality issue and the ship is now under tow to...

April 6, 2021
Total Views: 12126

Shipping

Suez Canal Weighing Expanding Southern Channel, Chairman Says

By Nadeen Ebrahim and Patrick Werr ISMAILIA, Egypt, April 6 (Reuters) – The Suez Canal Authority is considering expanding the southern section of the waterway where the container ship Ever...

April 6, 2021
Total Views: 3699

Shipping

Suez Canal Traffic Briefly Stopped as Oil Tanker Loses Power

By Jack Wittels and Salma El Wardany (Bloomberg) — Traffic through Egypt’s Suez Canal was briefly halted on Tuesday, just two weeks after a giant container ship ran aground and blocked the waterway...

April 6, 2021
Total Views: 4013

Monday, April 5, 2021
seaspan containerships
Shipping

Seaspan Continues Fleet Expansion with Deal to Acquire Two Secondhand Containerships

Containership leasing company Seaspan Corporation says it has entered into an agreement to acquire two secondhand 8,500 TEU scrubber-fitted containerships on long-term charter with a global liner customer. The two...

April 5, 2021
Total Views: 5116

eemslift hendrika
Shipping

Yacht Transport Ship in Trouble Off Norway

Norwegian search and rescue crews are responding to a yacht transport ship that is listing after its cargo reportedly shifted off the west coast of Norway on Monday. The heavy-lift...

April 5, 2021
Total Views: 41141

Sunday, April 4, 2021
semisubmersible drilling rig
Shipping

Seadrill Proposes Debt Write-Off in Bankruptcy Court -Report

By Rafaela Lindeberg (Bloomberg) — Offshore contractor Seadrill Ltd., owned by billionaire John Fredriksen, is proposing a debt write-off of just over $4.8 billion, according to Finansavisen. The proposal, sent to the U.S....

April 4, 2021
Total Views: 2549

containership in suez canal
Shipping

Suez Canal Says Ship Backlog Cleared

AIRO, April 3 (Reuters) – All ships stranded by the grounding of the giant container ship Ever Given in the Suez Canal in March had passed through the canal by...

April 4, 2021
Total Views: 2392

Friday, April 2, 2021
tanker in suez canal
Shipping

Suez Canal Says it is Close to Clearing Ship Backlog

CAIRO, April 2 (Reuters) – The Suez Canal said on Friday it was close to clearing a backlog ofshipping that built up when a giant container ship was grounded in the...

April 2, 2021
Total Views: 2711

maersk ship in suez canal
Shipping

Maersk Urges U.S. East Coast Ports to Use Suez Canal Delays to Clear Congestion

The world’s top shipping line Maersk is urging congested U.S. East Coast ports to use the Suez Canal delays to clear cargo from terminals. With shipping resumed through the Suez...

April 2, 2021
Total Views: 3135

U.S. President Biden holds infrastructure event
Shipping

Biden’s Infrastructure Proposal Includes $17 Billion for Ports and Waterways

President Biden on Wednesday announced a more than $2 trillion jobs-creating infrastructure proposal which the administration says will add millions of jobs and position the United States to out-compete China....

April 2, 2021
Total Views: 1240

Thursday, April 1, 2021
port of long beach
Shipping

Fitch: Soaring Shipping Costs Add To Near-Term Global Inflationary Pressures

Supply chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, says Fitch Ratings in a new report published Thursday. With global manufacturing demand is...

April 1, 2021
Total Views: 2779

maersk arctic
Shipping

MSC Warns Against Arctic Shipping Amid Debate Over Suez Canal’s Closure

Swiss shipping line MSC Mediterranean Shipping Company says it is doubling down on its commitment to avoid sending ships through the Arctic as some debate the need for alternative trade...

April 1, 2021
Total Views: 15857

containership in suez canal
Shipping

Suez Canal Urged to Upgrade Quickly to Avoid Future Disruption

By Jonathan Saul and Patrick Werr CAIRO, April 1 (Reuters) – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said,...

April 1, 2021
Total Views: 4617