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Friday, May 5, 2023
FILE PHOTO: China's Liaoning aircraft carrier with accompanying fleet conducts a drill in an area of South China Sea
Uncategorized

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,

May 5, 2023
Total Views: 2414

Friday, April 28, 2023
Arctic Floating Wind Park Project Selects Odfjell Oceanwind’s Floating Wind Turbine Solution
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Arctic Floating Wind Park Project Selects Odfjell Oceanwind’s Floating Wind Turbine Solution

Odfjell Oceanwind says its innovative floating wind turbine foundation solution Deepsea Star™ has been chosen for the groundbreaking GoliatVIND wind park

April 28, 2023
Total Views: 1665

File photo of an oil tanker at sea
Uncategorized

Rising Oil Prices Complicate Russian Price Cap Checks for Marine Insurers

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

April 28, 2023
Total Views: 490

Thursday, January 26, 2023
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Uncategorized

EU Considering $100 Price Cap on Russian Diesel

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

January 26, 2023
Total Views: 754

Friday, June 24, 2022
containers at port of los angeles
Uncategorized

Spot Container Freight Rates Dip Below Long-Term on Transpacific

By Gavin van Marle (The Loadstar) – Spot container freight rates on the main east-west deepsea headhaul trades continued to edge downwards this week,

June 24, 2022
Total Views: 846

Tuesday, June 14, 2022
West Coast Ports Strike Is Unlikely Even If No Deal Is Reached by July
Ports

West Coast Ports Strike Is Unlikely Even If No Deal Is Reached by July

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

June 14, 2022
Total Views: 1177

Thursday, June 2, 2022
Uncategorized

U.S. Sanctions Putin-Linked Yachts

By Bill Faries (Bloomberg) — The US Treasury Department announced a new round of sanctions targeting what it said were yachts linked to President

June 2, 2022
Total Views: 543

Wednesday, May 4, 2022
File photo of an oil tanker at sea
Uncategorized

Navios Purchases Four LR2 Tankers for $250 Million

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

May 4, 2022
Total Views: 3906

Tuesday, May 3, 2022
USS The Sullivans Righted
Uncategorized

USS The Sullivans Righted

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

May 3, 2022
Total Views: 3097

Friday, April 8, 2022
Trinity Spirit Ship Blast Followed $200 Million Trail Of Debt Defaults
Fire Incidents

Trinity Spirit Ship Blast Followed $200 Million Trail Of Debt Defaults

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

April 8, 2022
Total Views: 21041

Wednesday, December 22, 2021
lng carrier
Uncategorized

LNG Flotilla Carrying U.S. Gas Heading to Europe

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

December 22, 2021
Total Views: 3942

Wednesday, December 15, 2021
Boskalis Reviewing Its Stake in Smit Lamnalco
Shipping

Boskalis Reviewing Its Stake in Smit Lamnalco

Dutch dredging and marine services provider Royal Boskalis Westminster says it is reviewing its position in towage provider Smit Lamnalco. Boskalis has held a

December 15, 2021
Total Views: 1708

Tuesday, September 28, 2021
A hapag-lloyd ship at dock
Ports

Hapag-Lloyd Invests in Container and Rail Terminals at JadeWeserPort Wilhelmshaven

German liner company Hapag-Lloyd is investing in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port.

September 28, 2021
Total Views: 1174

Thursday, September 23, 2021
maersk-ship-stack-logo
Environment

Maersk Invests in Silicon Valley Electrofuels Start-Up to Help Decarbonize Fleet

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

September 23, 2021
Total Views: 1338

Monday, June 28, 2021
ship at anchor
Uncategorized

Cyprus Sets Out to Vaccinate Some 40,000 Seafarers

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

June 28, 2021
Total Views: 1842

Sunday, June 27, 2021
COSCO Containership in the Bosphorus Strait Turkey
Maritime News

Work Starts On Kanal Istanbul

By Daren Butler (Reuters) Turkish President Tayyip Erdogan on Saturday launched a $15 billion canal project intended to relieve pressure on the busy Bosphorus

June 27, 2021
Total Views: 4819

Tuesday, June 15, 2021
President Biden
Offshore

Judge Orders Offshore Drilling Leasing to Resume in Setback for Biden

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

June 15, 2021
Total Views: 3340

Offshore Driller Transocean to Sell Shares Amid Meme Stock Frenzy
Offshore

Offshore Driller Transocean to Sell Shares Amid Meme Stock Frenzy

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

June 15, 2021
Total Views: 6181

Monday, June 14, 2021
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Orsted Comes Up with Plan to Fix Damaged Wind-Power Cables on Sea Floor

By William Mathis (Bloomberg) — The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive

June 14, 2021
Total Views: 3115

Friday, June 11, 2021
Biden Administration Proposes Offshore Wind Lease Sale for Waters Off New York and New Jersey
Offshore

Biden Administration Proposes Offshore Wind Lease Sale for Waters Off New York and New Jersey

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

June 11, 2021
Total Views: 1325
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