China Moves to Harness Tidal Power
By William Mathis (Bloomberg) — A tidal-stream turbine with a diameter bigger than the length of a tractor trailer was installed in China for a project
By William Mathis (Bloomberg) — A tidal-stream turbine with a diameter bigger than the length of a tractor trailer was installed in China for a project
By Mike Wackett (The Loadstar) – The five-day May Day holiday shutdown in China is adding to capacity adjustment problems for ocean carriers.
By Helen Robertson (Bloomberg) — The U.K.’s oil and gas industry could lose as many as 30,000 jobs over the next 12–18 months and see drilling
HELSINKI, April 28 (Reuters) – German shipyard Meyer Werft’s Finnish subsidiary on Tuesday started statutory talks to lay off up to 450 of its
As COVID-19 continues to sweep the nation, Americans across industries are hard at work doing all they can to slow the spread and protect
Maersk Drilling says it is taking steps to reduce its offshore crew pool as it stacks North Sea rigs in light of the COVID-19 pandemic and crash in oil
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By Jonathan Saul and Devika Krishna Kumar LONDON/NEW YORK April 27 (Reuters) – Oil traders are hiring expensive U.S. vessels, normally only used for
The Port Authority of Singapore has reported a ‘high degree’ of compliance with new a international law limiting the sulphur content of fuel used by
The U.S. Navy has accepted delivery of the USS Zumwalt, the lead ship in the Navy’s next-generation multi-mission destroyer. Zumwalt (DDG 1000)
TOKYO, April 25 (Reuters) – Nearly 150 cases of coronavirus infection have been confirmed among crew members of an Italian cruise ship docked in Japan
April 27 (Reuters) – Norwegian Cruise Line Holdings Ltd on Monday warned of a quarterly loss and withdrew its 2020 forecast, as the cruise operator
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By David Wethe and Jeremy Hill (Bloomberg) — Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an
By Stephen Stapczynski (Bloomberg) — Twenty port authorities in Asia, Europe, the Middle East and North America signed a declaration committing to stay
Today the New York Times published a featured article about my friend John Ramey and the people we know who “predicted” COVID19 titled “I
By Olivia Raimonde (Bloomberg) — Oil edged lower for the week after paring losses following the dramatic collapse on Monday that saw prices in New York
By Phil Stewart and Idrees Ali WASHINGTON, April 24 (Reuters) – In an extraordinary reversal, the U.S. Navy has recommended reinstating the fired
By Roslan Khasawneh SINGAPORE, April 24 (Reuters) – Supertanker freight rates eased this week as surging demand for floating storage cooled and crude oil
By Ronan Martin and Jack Wittels (Bloomberg) — The oil market is getting so glutted that tiny barges that would normally be busily moving fuels
By Idrees Ali and Phil Stewart WASHINGTON, April 24 (Reuters) – A U.S. Navy destroyer has been hit with a coronavirus outbreak as it carried out a
By Philip J. Heijmans (Bloomberg) — Malaysia’s push to explore energy blocks off its coast has turned into a five-nation face off involving U.S. and
Weeks Marine has completed the pile driving operation in the salvage of the Golden Ray vehicle carrier in Georgia’s St. Simons Sound. In total, 80
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HMM has launched its first of twelve 24,000 TEU containerships HMM Algeciras, the world’s largest containership. The ship was officially named during a
MOSCOW, April 23 (Reuters) – Two Russian companies signed a deal on Thursday to build the world’s most powerful nuclear icebreaker to help boost
By Jack Wittels, Firat Kayakiran and Javier Blas (Bloomberg) — Oil refiners are hunting for vessels to store jet-fuel and gasoline that nobody is
The U.S. Navy hospital USNS Comfort has been ordered to return to its homeport in Virginia less than a month after arriving in New York to offer surge capacity
By Ron Bousso, Stephanie Kelly and Laura Sanicola LONDON/NEW YORK, April 22 (Reuters) – Oil traders are struggling to find enough ships, railcars,
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