Friday, April 23, 2021
ever given
Shipping

Ever Given Insurer Appeals Detention by Egypt

LONDON, April 23 (Reuters) – UK Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had filed...

April 23, 2021
Total Views: 6521

Thursday, April 22, 2021
Carbfix plant
Shipping

Icelandic Startup Seeks to Turn European Carbon into Rock

By Ragnhildur Sigurdardottir (Bloomberg) — European polluters will soon be able to ship their carbon emissions to Iceland to be turned into stone in the volcanic island’s bedrock. Icelandic startup Carbfix...

April 22, 2021
Total Views: 2949

port of los angeles
Shipping

Containerships Wanted: Carriers ‘Scraping the Barrel’ for Tonnage

By Mike Wackett (The Loadstar) – Carriers are “scraping the bottom of the barrel” for available tonnage, as the percentage of the global containership fleet commercially idle and not in dry dock...

April 22, 2021
Total Views: 9254

zao galaxy tanker
Shipping

Jury Finds Former Tanker Engineer Guilty in Scheme To Dump Oily Bilge In International Waters

A federal jury in the Northern District of California has convicted a former engineer of aiding and abetting an environmental crime and obstruction of justice in connection with the intentional...

April 22, 2021
Total Views: 8906

harbor harvest
Maritime News

Documentary: The Last Line

“The Last Line” is the first documentary produced by Alternative Marine Technologies in association with Harbor Harvest & First Harvest Navigation, focussing on a series of economic, farming and transportation...

April 22, 2021
Total Views: 2569

offshore wind turbines
Environment

Wilhelmsen Announces $500 Million Investment Targeting Renewables

Norwegian shipping group Wilhelmsen has announced a $500 million investment to accelerate the growth of its maritime services related to renewable energy and decarbonization. The plan involves creating new business...

April 22, 2021
Total Views: 1140

Swift Rescue ship
Shipping

Indonesia Orders All-Out Effort to Find Submarine as Oxygen Runs Low

By Agustinus Beo Da Costa and Stanley Widianto JAKARTA, April 22 (Reuters) – Indonesia’s president ordered an all-out effort to find a missing submarine in a race against time to...

April 22, 2021
Total Views: 2749

Wednesday, April 21, 2021
President Biden
Environment

Shipping Industry Pushes for ‘Market-Based Measures’ to Help Achieve Decarbonization Targets

Several of the world’s major shipping organizations are calling on world leaders to urgently examine the role of so-called market-based measures (MBMs) to ensure ambitious decarbonization targets are met across...

April 21, 2021
Total Views: 1336

Environment

Singapore Launches $90 Million Decarbonization Fund for Shipping

SINGAPORE, April 21 (Reuters) – The Maritime and Port Authority of Singapore (MPA) announced two initiatives on Wednesday to reduce the shipping industry’s greenhouse gas emissions, including a S$120 million ($90 million)...

April 21, 2021
Total Views: 1433

Ever Given crew welfare check
Shipping

ITF Conducts Welfare Check of Ever Given Crew Members

International Transport Workers’ Federation (ITF) respresentatives boarded the Ever Given in the Suez Canal’s Great Bitter Lake on Sunday for a welfare check of its crew. The health and welfare...

April 21, 2021
Total Views: 5272

bulk ship
Shipping

Baltic Dry Index Jumps to Over 10-Year Peak on Capesize Surge

April 21 (Reuters) – The Baltic Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel...

April 21, 2021
Total Views: 4137

Port Revel Shiphandling Training Centre
Shipping

On French Lake, Mariners Learn How Not to Get Stuck in the Suez Canal

By Stephane Mahe PORT REVEL, France, April 21 (Reuters) – Francois Mayor nudged back on the power and made a subtle adjustment on the wheel as he coaxed his cargo...

April 21, 2021
Total Views: 8202

Tuesday, April 20, 2021
pilot boarding san francisco
Shipping

Captain Livingstone: Troubled Waters

By Captain George H Livingstone – Anyone who works on the water understands both the practical and elemental connection between water and life. We earn our living, feed our families,...

April 20, 2021
Total Views: 15744

houston ship channel
Offshore

Legendary Natural Gas Trader Sees ‘Seismic Shift’ in Houston’s Oil Patch

By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s fossil-fuel industry seems finally ready to move on. A...

April 20, 2021
Total Views: 5160

aegean marine petroleum class action lawsuit
Shipping

More Guilty Pleas in Mariner Credentialing Test Score-Fixing Scheme

The U.S. Attorney’s Office in the Eastern District of Louisiana has announced two more guilty pleas in a test score-fixing scheme at a U.S. Coast Guard exam center, bringing the...

April 20, 2021
Total Views: 2572

port of rotterdam
Shipping

European Ports Now Bearing the Brunt of Suez Canal Blockage

By Mike Wackett (The Loadstar) – The knock-on effects of the blockage of the Suez Canal is likely to impact North Europe supply chains until June. Container hub ports that used the...

April 20, 2021
Total Views: 11521

vlcc tanker
Offshore

Historic Oil Price Crash Marks One Year Anniversary at $63 a Barrel

By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below zero, with traders extending its rally...

April 20, 2021
Total Views: 1480

Monday, April 19, 2021
WindWings
Environment

Yara Marine to Offer Wind Assist Tech to Global Shipping

Norwegian exhaust gas scrubber company Yara Marine Technologies is joining forces with British-based BAR Technologies to offer commercial-scale wind-assisted propulsion technology to the global shipping industry. The product is called...

April 19, 2021
Total Views: 1831

port of los angeles and long beach
Shipping

Fitch Says Shipping Rates Rally Has Peaked

Global freight rates will remain high in the short term, but will moderate in the longer term once shipping supply-chain disruptions are cleared and more new ships are deployed, Fitch...

April 19, 2021
Total Views: 1680

bulk ship
Shipping

Higher Vessel Rates Lift Baltic Dry Index to 1.5-Year Peak

April 19 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1-1/2-year peak on Monday as demand improved across...

April 19, 2021
Total Views: 1314