2023-10-03 21:42
Norway’s $1.3 trillion wealth fund announced on Tuesday that it has lifted the exclusion of Thoresen Thai Agencies and ended its observation of Hyundai Glovis after both companies ceas… Read More
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2023-10-03 20:52
The Australian Maritime Safety Authority (AMSA) has completed a $15.5 million project to repair and renew essential aids to navigation (AtoNs) located off the coast of Western Australia&rsqu&hell…Read More
2023-10-03 19:26
VARD has joined forces with Chartwell Marine to unveil a new type of offshore wind vessel called the “Midi-SOV.” The 55-meter-long vessel bridges the gap between crew transfer ve… Read More
2023-10-03 18:19
By Ana Mano SAO PAULO, Oct 3 (Reuters) – Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a Brazilian partner after they found… Read More
2023-10-03 17:44
France-based sustainable aerospace company Airbus, in collaboration with shipowner Louis Dreyfus Armateurs and Spain-based firm bound4blue, is set to equip one of its aircraft subassembly tr… Read More
2023-10-03 16:49
Oct 3 (Reuters) – The Baltic Exchange‘s main dry bulk sea freight index rose to its highest in over 11-month on Tuesday, steered by robust demand in the capesize vessel… Read More
2023-10-03 16:08
Crowley has announced a joint mission with ABS to advance augmented and virtual reality usage within marine environments. ABS, one of the leading maritime classification and advisory s… Read More
2023-10-03 15:12
By Charlotte Goldstone (The Loadstar) – The US Federal Maritime Commission has dismissed the latest case against the world’s largest container line, MSC – a decision t… Read More
2023-10-03 10:59
When navigating the complex web of global trade and supply chains, efficiency, accuracy, and comprehensive management of your freight shipments is paramount. At the forefront of providing so… Read More
2023-10-02 22:37
In a recent effort to combat sexual misconduct in the maritime industry, the U.S. Coast Guard has implemented new reporting requirements for incidents of harassment, sexual harassment, or se… Read More
2023-10-02 21:50
The Australian Maritime Safety Authority (AMSA) has issued a 90-day ban to the Marshall Island-flagged containership Big Lilly over significant safety and maintenance problems. The… Read More
2023-10-02 19:33
Belgian maritime services company Jan De Nul has announced the order of an extra-large cable-laying vessel at the CMHI Haimen shipyard. The vessel, named Fleeming Jenkin, will have an impres… Read More
2023-10-02 19:04
MILAN, Oct 2 (Reuters) – Shipping group MSC has entered into a binding agreement to acquire a 50% stake in Italian passenger rail operator Italo, owned by U.S… Read More
2023-10-02 18:33
The Poseidon Principles has announced revising its framework to align shipping’s top banks with the International Maritime Organization’s new climate change emissions target. The… Read More
2023-10-02 17:41
(Bloomberg) — The drought that has led to low levels along the Mississippi River is now threatening the quality of drinking water. The river’s water levels have fallen to a… Read More
2023-10-02 16:09
KYIV, Oct 2 (Reuters) – A new corridor allowing cargo vessels to carry Ukrainian grain and iron ore from Black Sea ports has significantly lowered freight rates and they are… Read More
2023-10-02 16:03
ABS and U.S. shipping and logistics company Crowley signed an agreement to jointly explore the application of visualization technologies in both augmented reality (AR) and virtual reality (V… Read More
2023-10-02 16:01
Accelleron has signed a strategic partnership with METIS Cyberspace Technology that will expand the number of marine installations and power generation facilities that can use data analytics… Read More
2023-10-02 15:58
(Bloomberg) — Petroleo Brasileiro SA received a permit to research oil in a promising offshore region in Brazil’s Northeast as the energy giant seeks to open up new basins to Read More
2023-10-02 15:54
German shipping line Hapag-Lloyd has christened the first of 12 new Hamburg Express-class containerships. With a length of almost 400 meters and a capacity of 23,600 TEU, the M/V Berlin Read More
2023-10-02 15:17
Oct 1 (Reuters) – The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a… Read More
2023-10-02 02:54
By Ariba Shahid KARACHI, Oct 2 (Reuters) – Pakistan refiner Cnergyico CNER.PSX has imported the country’s first private-sector shipment of Russian crude… Read More
2023-10-01 17:11
By Dasha Afanasieva Oct 1, 2023 (Bloomberg) –Britain’s Ministry of Defence has awarded almost £4 billion ($4.9 billion) in funding to BAE Systems Plc for the next phas… Read More
2023-10-01 12:37
KYIV, Oct 1 (Reuters) – Five more ships are on their way to Ukrainian sea ports using a new corridor opened to resume predominantly agricultural exports, an alternative arran… Read More
2023-10-01 03:06
SYDNEY, Sept 30 (Reuters) – One man died and another was in hospital on Saturday in Australia after awhale struck and flipped their boat during a fishing expedition, aut… Read More
2023-10-01 02:35
LONDON, (Reuters) – Britain has designated a plan to build a subsea cable carrying renewable energy from Morocco as a project of “national significance”, whi… Read More
2023-09-29 19:48
By Nichola Groom and Jarrett Renshaw Sept 29 (Reuters) – The Biden administration’s plan to slash offshore oil and gas leasing drew fire from both the fossil fuel indus… Read More
2023-09-29 19:19
By Carlos Garcia, Walid Berrazeg and Sarah Wu KAOHSIUNG, Taiwan, Sept 28 (Reuters) – Taiwan unveiled its first domestically developed submarine on Thursday, a major step in a… Read More
2023-09-29 17:54
By Gavin van Marle (The Loadstar) – The huge trade imbalance between China and Russia since the invasion of Ukraine has led to some 150,000 teu of empty boxes becoming stranded Read More
2023-09-29 17:08
Seven individuals have been arrested in connection with a major cocaine seizure in the high seas off the coast of Ireland this week. A specialized unit of the Irish military Read More
2023-09-29 16:18
(Bloomberg) — Carnival Corp. posted a profit for the first time since 2020 but issued a fourth quarter earnings outlook that missed Wall Streets’ expectations as higher fuel and… Read More
2023-09-29 16:12
Sept 29 (Reuters) – The Biden administration on Friday unveiled a plan to phase down oil and gas auctions in federal waters with the release of a long-awaited leasing schedul… Read More
2023-09-29 16:05
CHICAGO, Sept 29 (Reuters) – A key stretch of the lower Mississippi River dropped this week to within inches of its lowest-ever level and is expected to remain near historic… Read More
2023-09-29 15:08
By James Stavridis (Bloomberg) Tensions are rising in the South China Sea, but this time it’s not the US and China squaring off. The disagreement is between the Philippines a… Read More
2023-09-29 11:12
UAE-based Shipfinex FZCO says international shipowner TMC Shipping will become the first company to list assets on its blockchain-based token platform. Shipfinex aims to provide shipowners w… Read More
2023-09-28 21:48
By Jennifer A. Dlouhy and Jennifer Jacobs (Bloomberg) — The Biden administration is charting plans to sell offshore oil drilling rights in the Gulf of Mexico over the next five ye… Read More
2023-09-28 21:27
By Jarrett Renshaw and Nichola Groom Sept 28 (Reuters) – The Biden administration’s five-year plan for offshore oil and gas leasing will not include any… Read More
2023-09-28 21:06
A crew member of a Singapore-registered tanker has died after falling overboard in rough weather off Boston Harbor on Tuesday morning. The incident took place around 4:30 a.m. when a Read More
2023-09-28 18:56
French shipping giant CMA CGM has reportedly placed another significant order for methanol-powered containerships, bringing its methanol-fueled orderbook to 34 ships by our unofficial count… Read More
2023-09-28 17:20
Despite efforts from industry and government, mis-declared dangerous goods continue to cause fires and explosions on board containerships, endangering lives and the environment. To address t… Read More
2023-09-28 16:40
JV will develop, construct, and operate a terminal in Galveston Bay area supporting LNG- powered vessels, vital to strengthening U.S. maritime industry and ongoing decarbonization efforts. S… Read More
2023-09-28 16:26
(Bloomberg) — Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks to ship crude to refineries on shore. Three offshore platforms… Read More
2023-09-28 16:10
LONDON, Sept 28 (Reuters) – A joint venture is developing the first dedicated liquefied natural gas (LNG) bunkering facility for ships in the U.S. Gulf amid efforts by the ma… Read More
2023-09-28 16:04
LONDON, Sept 28 (Reuters) – A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has put dozens of projects at risk o… Read More
2023-09-28 15:57
Each year on the last Thursday of September, the maritime world marks World Maritime Day, an annual UN day of observance to raise awareness and highlight the importance of the Read More
2023-09-27 21:10
Dutch shipping company Vroon has completed its sale of 40 offshore vessels as part of a previously announced restructuring. Going forward, Vroon will focus on deep-sea transport and emergenc… Read More
2023-09-27 20:18
A Canadian cement carrier ran aground on Sunday morning just after 5:30 a.m. EST, east of Cornwall, Ontario, causing a two-day stoppage of ship traffic on the St. Lawrence Seaway Read More
2023-09-27 19:53
The UK government has granted a development and production license to Equinor and Ithaca Energy for the $3.8 billion Rosebank project northwest of Shetland. The Rosebank oil and gas field Read More
2023-09-27 17:39
By Neil Jerome Morales and Andrew Hayley MANILA/BEIJING, Sept 27 (Reuters) – The coastguard of the Philippines urged the country’s fishermen on Wednesday to k… Read More
2023-09-27 17:07
During a speech this week at the John F. Kennedy School of Government at Harvard University, Secretary of the Navy Carlos Del Toro called for a “new maritime statecraft” strategy… Read More
2023-09-27 16:30
LONDON, Sept 27 (Reuters) – The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back companies from replacing ageing v… Read More
2023-09-27 16:28
(Bloomberg) — Buyers are shipping grains and oil from further and further away after Russia’s invasion of Ukraine disrupted traditional trade routes. Shipments of grain traveled… Read More
2023-09-27 16:27
(Bloomberg) — On a sunny day off the southern coast of Greece last week, two aging tankers nestled next to each other while one pumped oil to the other. As far Read More
2023-09-27 16:20
DUBAI, Sept 27 (Reuters) – QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyundai Heavy Industries 329180.KS for the… Read More
2023-09-27 11:02
Privately-held Maritime Partners is further expanding its portfolio of domestic maritime assets with the acquisition of Norfolk, Va.-based U.S. Marine Management (USMMI) from Maersk Line, Li… Read More
2023-09-27 00:08
Irish military forces raided the Panamanian-flagged bulk carrier M/V Matthew on Tuesday and discovered a “significant quantity” of illegal narcotics. The raid was condu… Read More
2023-09-26 22:22
Glenn Murphy, Chairman, Institute of Chartered Shipbrokers on why an internationally recognised, professional qualification in broking can ramp up career prospects The role of the shipbroker… Read More
2023-09-26 21:51
(Bloomberg) — New York is rising to the fore as an unlikely diesel supplier, shipping out three cargoes in one week as Russia’s fuel export ban sends buyers searching for Read More
2023-09-26 20:35
MOSCOW, Sept 26 (Reuters) – Russian producers of liquefied petroleum gas (LPG) have restarted regular exports of propane and butane via the port of Kerch in Crimea… Read More
2023-09-26 19:41
The Port of Savannah handled 413,300 TEUs in August, down 28 percent from August 2022, the Georgia Ports Authority’s busiest month on record. However, Roll-on/Roll-off cargo saw an 8%… Read More
2023-09-26 18:45
MOSCOW, Sept 26 (Reuters) – Admiral Viktor Sokolov, the commander of Russia’s Black Sea Fleet, was shown on Russian state television on Tuesday attending a defense lead… Read More
2023-09-26 17:55
Loaded exports are helping to support overall volumes at Port Houston’s container terminals as loaded import volumes fall compared to record levels in 2022. Export volumes at Port Hous… Read More
2023-09-26 17:27
French-based electrification company Nexans has entered into a shipbuilding contract with Ulstein Group shipyard Ulstein Verft for the construction of a large DP3 cable laying vessel in Norw… Read More
2023-09-26 16:25
Seafarers’ unions and maritime employers have signed a four-year agreement that includes significant wage increases and workplace protections for over 250,000 seafarers. The Internatio… Read More
2023-09-26 15:55
SINGAPORE, Sept 26 (Reuters) – The cost of chartering a supertanker to load Middle Eastern crude oil for Asia has rebounded from a 19-month low in September, but industry sou… Read More
2023-09-26 15:53
Sept 26 (Reuters) – The Philippines on Tuesday vowed not to back down against a Chinese move to block its fishermen from a hotly contested area of the South China S… Read More
2023-09-26 11:06
Leading provider of secure maritime data communications software, GTMaritime, has reached 15,000 installations amid accelerating growth in demand for secure and reliable maritime software so… Read More
2023-09-26 11:05
Consistently high numbers of distress calls reflect a need to share and harness data at an industry level to address deficiencies in maritime safety and tackle recurring incidents, according… Read More
2023-09-25 22:47
By Alex Longley (Bloomberg) — Russia is still relying on European shipping to transport its oil even as the country’s supplies exceed Group-of-Seven price caps, according to… Read More
Biden Administration Completes Environmental Review Of Dominion Energy’s Virginia Offshore Wind Farm
2023-09-25 21:47
The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of Dominion Energy’s proposed Coastal Virginia Offshore Wind (CVOW) project. The 2.6-gigawatt (… Read More
2023-09-25 20:56
SEACOR Holdings Inc. has announced the sale of Seabulk Towing Holdings’ U.S. harbor towing operations and tugs to E.N. Bisso & Son Inc. and Bay-Houston Towing Co. The transactions… Read More
2023-09-25 20:41
by Captain John Konrad (gCaptain) In a world where the Pacific is becoming a cauldron of geopolitical tensions and Russia’s actions in Ukraine highlight the paramount importance of mil… Read More
2023-09-25 19:31
Port interests in the United States should monitor the potential of a partial or full government shut down as House Republicans fail to come to terms on a spending plan Read More
2023-09-25 17:52
A Canadian cement carrier has run aground and is blocking ship traffic on the St. Lawrence Seaway. The Canadian-flagged NACC Argonaut grounded Sunday morning on the St. Lawrence Ri… Read More
2023-09-25 17:07
The U.S. offshore wind industry has seen rapid growth in recent years, but a shortage of port infrastructure capacity threatens its progress and its ability to meet long-term targets. A Read More
2023-09-25 16:52
MANILA, Sept 25 (Reuters) – The Philippines said on Monday it executed a “special operation” to remove a floating barrier installed by China at a prime fishing pa… Read More
2023-09-25 16:06
KYIV, Sept 25 (Reuters) – Ukraine’s Special Forces said on Monday that Admiral Viktor Sokolov, the commander of Russia’s Black Sea Fleet, had been killed in a Ukr… Read More
2023-09-25 15:32
By Anna Pruchnicka Sept 25 (Reuters) – Russian air strikes and shelling killed six people in Ukraine and caused “significant damage” to infrastructure at the Blac… Read More
2023-09-25 12:53
Mark Perrins has been promoted to the position of Managing Director of KPI OceanConnect London Ltd as of 1st August 2023. Mark joined the KPI OceanConnect group in 2009 in a tradin… Read More
2023-09-25 12:52
The Trustees of the Robert Allan Memorial Scholarship Trust and Robert Allan Ltd. are very pleased to announce the award of two scholarships for the 2023/2024 academic year. Awards have Read More
2023-09-25 11:30
From the IMO’s revised GHG strategy to the expansion of the EU Emissions Trading System (ETS), the shipping industry is under increasing pressure to reduce greenhouse gas (GHG) emissio… Read More
2023-09-25 00:20
By Yimou Lee TAIPEI, Sept 25 (Reuters) – Taiwan hopes to deploy at least two new, domestically developed submarines by 2027, and possibly equip later models with missiles, to… Read More
2023-09-24 17:56
MANILA, Sept 24 (Reuters) – The Philippines on Sunday accused China’s coast guard of installing a “floating barrier” in a disputed area of the Sou… Read More
2023-09-23 18:24
By Julian Lee (Bloomberg) –With the northern hemisphere winter approaching and global diesel markets already tight, Russia has banned exports of the fuel that’s us… Read More
2023-09-23 18:01
By Philip Pullella MARSEILLE, France, Sept 22 (Reuters) – Pope Francis said on Friday that migrants who risk drowning at sea “must be rescued” because doing so wa… Read More
2023-09-22 20:31
International trade union Nautilus International and the Swiss Shipowners Association are urging the Swiss government to take action to preserve the Swiss flag in shipping, rejecting a propo… Read More
2023-09-22 19:26
Sept 22 (Reuters) – Australia’s Offshore Alliance union has called off strikes at Chevron’s two major local liquefied natural gas (LNG) local projects that threatened to di… Read More
2023-09-22 18:04
Canadian power producer Northland Power Inc. and Japan-based Mitsui & Co. have announced their final investment decision on the $6.5 billion Hai Long Offshore Wind Power Project in Taiwa… Read More
2023-09-22 16:48
(Bloomberg) — The Luksic family, South America’s wealthiest with a combined fortune of about $25 billion, is reaping the benefits of a bet on global shipping and port logistics m… Read More
2023-09-22 16:40
Detailed plans for the first-ever trans-pacific green shipping corridor were unveiled today by key stakeholders including the Port of Los Angeles, the Port of Long Beach, the Port of Shangha… Read More
2023-09-22 16:15
(Bloomberg) — A federal judge ordered the Biden administration to expand next week’s Gulf of Mexico oil lease sale, saying officials appear to have weaponized the Endangered Spec… Read More
2023-09-22 16:05
Sept 22 (Reuters) – At least one Ukrainian missile struck the headquarters of Russia’s Black Sea navy in the Crimean port of Sevastopol on Friday, and a major… Read More
2023-09-22 15:34
KYIV, Sept 22 (Reuters) – The first big ship carrying grain from a Ukrainian Black Sea port has set sail since Moscow quit a deal in July to allow exports, a Ukrainian d… Read More
2023-09-22 15:05
By Mike Wackett – Container spot rates from China to North Europe are in freefall with average rates dipping below $1,000 per 40ft this week having lost almost half of their Read More
2023-09-21 23:21
MOSCOW, Sept 20 (Reuters) – Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates (UAE) in August and September, four traders told… Read More
2023-09-21 21:33
Contracting of product tanker newbuilds has hit a 10-year high this year, but recycling of older ships and the impact of decarbonization regulations are likely to pose challenges for future… Read More
2023-09-21 20:53
The U.S. Department of Transportation’s Maritime Administration (MARAD) has awarded nearly $12 million in grants to eight marine highway projects across the country. The funding, provi… Read More
2023-09-19 17:05
By Áine Quinn and Keira Wright (Bloomberg) — The first grain ship in over two months left one of Ukraine’s Black Sea ports, as Kyiv seeks to defy Russia’s effective… Read More
2023-09-19 16:56
A judge in Southern California has sentenced the former chief engineer of the general cargo ship M/V Donald to serve twelve months and a day in prison after he was convicted&n&hell…Read More
2023-09-19 16:41
(Bloomberg) — Business lobby groups are piling pressure on South Africa’s government to act against the management of state ports and rail operator Transnet SOC Ltd. for failures… Read More
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