China’s Aircraft Carriers Play ‘Theatrical’ Role but So Far Pose Little Threat, Experts Say
By Greg Torode, Eduardo Baptista and Tim Kelly HONG KONG, May 5 (Reuters) – When China sailed one of its two active aircraft carriers, the Shandong,
By Greg Torode, Eduardo Baptista and Tim Kelly HONG KONG, May 5 (Reuters) – When China sailed one of its two active aircraft carriers, the Shandong,
Odfjell Oceanwind says its innovative floating wind turbine foundation solution Deepsea Star™ has been chosen for the groundbreaking GoliatVIND wind park
By Alex Longley (Bloomberg) — Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if they can
By Ewa Krukowska, Alberto Nardelli and Jack Wittels (Bloomberg) — The European Union is floating a plan to cap the price of Russian diesel at $100 a
By Gavin van Marle (The Loadstar) – Spot container freight rates on the main east-west deepsea headhaul trades continued to edge downwards this week,
By Augusta Saraiva (Bloomberg) Employers and the union representing more than 22,000 dockworkers at 30 US ports on the West Coast are unlikely to reach a wage
By Bill Faries (Bloomberg) — The US Treasury Department announced a new round of sanctions targeting what it said were yachts linked to President
Angeliki Frangou’s Navios Maritime Partners (NYSE: NMM) has agreed to purchase four newbuild 115,000 dwt LR2 tankers. The vessels are being acquired for
The effort to “Save The Sullivans” at the Buffalo and Erie County Naval and Military Park will transition to the next phase response as the USS The
By William Clowes (Bloomberg) The owners of an oil-production and storage ship had a history of financial problems before the vessel blew up in Nigerian
By Sergio Chapa (Bloomberg) — Cold-stricken Europe is drawing a flotilla of U.S. liquefied natural gas cargoes amid an energy crisis that has sent gas
Dutch dredging and marine services provider Royal Boskalis Westminster says it is reviewing its position in towage provider Smit Lamnalco. Boskalis has held a
German liner company Hapag-Lloyd is investing in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port.
A.P. Moller – Maersk has bought into a Silicon Valley-based electrofuels startup as the world’s leading ocean liner works to decarbonize its marine
Cyprus has announced plans to vaccinate all seafarers, some 40,000 of them, on Cyprus-flagged and managed vessels. The plans were announced Friday in a
By Daren Butler (Reuters) Turkish President Tayyip Erdogan on Saturday launched a $15 billion canal project intended to relieve pressure on the busy Bosphorus
By Nichola Groom June 15 (Reuters) – A federal judge in Louisiana on Tuesday blocked the Biden administration’s pause on oil and gas leasing on
By Allison McNeely (Bloomberg) — Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in its stock
By William Mathis (Bloomberg) — The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive
The U.S. Department of the Interior is taking steps to hold an offshore wind lease sale off the coast of New York and New Jersey. The DOI’s Bureau of
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