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Friday, January 12, 2024
tanker in suez canal
Navy

Oil Tankers Avoid Red Sea After US/UK Strike

UPDATE HERE by Ahmad Ghaddar (Reuters) At least four oil tankers have diverted course from the Red Sea since overnight strikes by the U.S. and Britain on

January 12, 2024
Total Views: 1208

Wednesday, December 27, 2023
Houthi Port
Navy

Houthis Claim MSC Containership Attack

by Ahmed Elimam (Reuters) Yemen’s Iran-backed Houthi militia claimed responsibility for a missile attack on Tuesday on a container ship in the Red

December 27, 2023
Total Views: 2779

Tuesday, December 19, 2023
HMS Diamond. Photo courtesy UK Royal Navy.
Uncategorized

Royal Navy Destroyer To Join Red Sea Coalition As UK Warns Of Deteriorating Security Situation

By Sarah Young LONDON, Dec 19 (Reuters) – Britain warned that the security situation in the Red Sea was deteriorating and ballistic missile and drone

December 19, 2023
Total Views: 4774

Friday, May 5, 2023
Photo of China's PLAN Liaoning aircraft carrier with escort ships underway
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

May 5, 2023
Total Views: 2707

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: 1841

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: 565

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: 813

Sunday, November 27, 2022
Railroad Strikes Are Rare But Crippling To Ports And Freight
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Railroad Strikes Are Rare But Crippling To Ports And Freight

by Erik Loomis (University of Rhode Island) The prospect of a potentially devastating rail workers strike is looming again. Fears of a strike in September 2022

November 27, 2022
Total Views: 1414

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: 897

Tuesday, June 14, 2022
Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease
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: 1257

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: 589

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: 4114

Tuesday, May 3, 2022
USS The Sullivans Righted
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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: 3244

Friday, April 8, 2022
Trinity Spirit Ship Blast Followed $200 Million Trail Of Debt Defaults
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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: 21303

Wednesday, December 22, 2021
blue lng carrier at sea
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: 4052

Wednesday, December 15, 2021
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: 1775

Tuesday, September 28, 2021
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: 1237

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

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: 1425

Monday, June 28, 2021
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: 1868

Sunday, June 27, 2021
COSCO Containership in the Bosphorus Strait Turkey
Shipping 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: 4891