Maersk to Test Air Lubrication System in Effort to Reduce Carbon Emissions
Maersk will test an air lubrication system as the Danish shipping giant looks to decarbonize its fleet. The company appears set to install one of Silverstream
Maersk will test an air lubrication system as the Danish shipping giant looks to decarbonize its fleet. The company appears set to install one of Silverstream
By Julia Fanzeres (Bloomberg) — U.S. crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at
By Peter Vercoe (Bloomberg) A double-whammy of a global shortage of ships and chips is the only thing standing in the way of Tesla Inc. maintaining sales
By Huw Jones (Reuters) Representatives of the City of London municipal authority on Thursday voted in favor of retaining in their Guildhall headquarters two
We’re getting some new information in regards to the investigation into the cause of the pipeline fracture and oil spill in San Pedro Bay off the coast
WASHINGTON, Oct 7 (Reuters) – A U.S. Navy submarine hit an “object” while submerged in the Asia-pacific region, but the incident
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Former Mauritius Ports Authority Chairman has had his 2019 conviction upheld and sentence extended by the Mauritian Supreme Court. By Vel Moonien in
By Noah Browning and Susanna Twidale LONDON, Oct 7 (Reuters) – Soaring gas prices are forecast to drive a switch to oil and put more energy
Clean Sea Transport, the joint venture between MSEA Group, Arkview Capital, and Scorpio Tankers (NYSE:STNG), has acquired 100% interest in Marinvest’s
The U.S. Coast Guard inspected a containership in the Port of Oakland suspected as a potential vessel of interest in the Southern California oil spill, the Los
ATHENS, Oct 7 (Reuters) – Greece’s privatisations agency transferred shares corresponding to a 16% stake in Piraeus Port Authority to Chinese port
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By Mike Wackett (The Loadstar) – Hopes of a return to some form of normality in global supply chains after Chinese New Year in February have been dashed
Big retail players Target, Home Depot , Costco and Dollar Tree, are chartering ships to deal with the pandemic-driven port congestion and escalating concern,
Failure of a diesel generator caused an engine room fire aboard a commercial fishing vessel in the Gulf of Mexico, according to the National Transportation
U.S. Congressman Tom Suozzi (D-Long Island, Queens) and U.S. Senator Kirsten Gillibrand (D-NY) have called for an immediate investigation after an unidentified
The drybulk market, where large deepsea vessels transport unpackaged (therefore, “bulk”) cargoes of iron ore, coal (for heating and for steel making),
South Korean shipbuilder Hanjin Heavy Industries & Construction has announced its first commercial shipbuilding order in six years with an order for four
Oct 6 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Wednesday as robust demand and port congestion
In the this video, Dr. Sal Mercogliano expertly breaks down how a commercial ship could have dragged a 4,000 foot stretch of oil pipeline that officials have
By Robert Tuttle, Amelia Pollard and John Gittelsohn (Bloomberg) — Cruising along the panoramic Pacific Coast Highway that hugs the curves of
A shipping industry trade group representing over 80% of the world’s merchant fleet has proposed a bold new plan to help the industry achieve net zero
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By Jessica Jaganathan (Reuters) Freight rates to ship liquefied natural gas (LNG) rose to multi-month highs this week as a surge in demand for the
Australian maritime authorities have banned a Singapore-flagged bulk carrier from the country’s port for six months for breaches of the Maritime Labour
New details about the pipeline could be the smoking gun in the investigation into the cause of Southern California’s oil spill. Officials responding to the
By Jessica Resnick-Ault and Nichola Groom LOS ANGELES, Calif., Oct 5 (Reuters) – Ships in record numbers have jammed the port complex near this
Seattle-headquartered Centerline Logistics has announced the acquisition of multiple petroleum Articulated Tug and Barge units (ATBs) previously owned by New
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