Shipping Industry Faces ESG Heat from Lenders
By Jonathan Saul LONDON, Oct 19 (Reuters) – Banks are demanding much stricter environmental criteria when financing shipping companies as
By Jonathan Saul LONDON, Oct 19 (Reuters) – Banks are demanding much stricter environmental criteria when financing shipping companies as
The Brazilian Navy tall ship Cisne Branco collided with a draw bridge over the Guayas River in Ecuador on Monday. Video of the incident was posted online and
By Jonathan Saul LONDON, Oct 19 (Reuters) – Amazon.com Inc and IKEA are among commercial users of container shipping that will opt for
by Laura McFalls (Women Offshore) Midshipman X bravely shared her sexual assault with the industry. Now, Woman Offshore welcomes the maritime industry to stand
By Felix Njini (Bloomberg) Transnet SOC, South Africa’s state-owned ports and freight-rail company, is investigating the cause of fires that disrupted bulk
By Peter Szekely (Reuters) A towering statue of a woman’s head with her index finger pressing on her lips now faces lower Manhattan along the Hudson
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The U.S. Federal Maritime Commission is formally urging the world’s top ocean carriers to adopt a set of best practices related to when and how detention
Reported incidents of piracy and armed robbery at sea fell to the lowest recorded number in nearly three decades in the first nine months of 2021, according to
The developer of one of the largest offshore wind projects in the United States has selected its preferred supplier for more than 135 massive offshore wind
By Muyu Xu and Shivani Singh BEIJING, Oct 18 (Reuters) – China’s power woes look set to intensify as coal prices rose to a record on
Danish shipping giant Maersk has offered its latest update on the supply chain situation at the Port of Felixstowe, the UK’s busiest port. Felixstowe is
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By Catarina Demony and Miguel Pereira ALMADA, Portugal, Oct 18 (Reuters) – Portuguese and Spanish authorities have seized 5.2 tonnes of cocaine from a
By Francois de Beaupuy (Bloomberg) — TotalEnergies SE opened an offshore wind hub within its existing center for U.K. North Sea oil and gas, the
Perhaps the best quote of the Connecticut Maritime Association (CMA) conference sessions covering maritime finance came from one of the panels, with the catchy
The operation to remove the final section of the Golden Ray wreck kicked off over the weekend in St. Simons Sound, Georgia, putting the end to the years-long
By Brendan Murray (Bloomberg) Plenty of things might keep container-ship captain Markus Grote up at night while sailing across the ocean, but lately there’s
Investigators working to identify the cause of the broken pipeline that released oil into San Pedro Bay near the ports of Los Angeles and Long Beach earlier
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, Oct 16 (Reuters) – An Iran-flagged supertanker on Saturday was about to set sail from Venezuelan
TAIPEI, Oct 17 (Reuters) – A U.S. and a Canadian warship sailed through the Taiwan Strait late last week, the American military said on Sunday, at a time
By Kevin Varley (Bloomberg) Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping
JOHANNESBURG, Oct 16 (Reuters) – South Africa’s monopoly port operator Transnet late Friday declared a force majeure at its Richards Bay Bulk
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Riyadh, KSA-The Public Investment Fund (PIF) announced today the launch of “THE RIG.”, a new tourism project. Inspired by offshore oil platforms, “THE
By Arsalan Shahla (Bloomberg) –An Iranian warship foiled a pirate attack against one of the country’s oil vessels in the Gulf of Aden following a
by Chen Aizhu (Reuters) Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as
by Captain John Konrad (gCaptain) The FAA is headed by a pilot, NASA is headed by an astronaut, the US Marine Corps is headed by a Marine but for
By Marcelo Teixeira NEW YORK, Oct 15 (Reuters) – Disruptions to transportation of coffee around the world, caused by container shortages and port
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