port of los angeles

Transpacific Spot Rates Ease Ahead of China’s Golden Week Holiday

By Gavin van Marle (The Loadstar) – There were signs of a silver lining finally beginning to appear for beleaguered US shippers this week, after the spot container freight rates to both...

11 mins ago
Total Views: 60

north sea link

Power-Starved U.K. Thrown World’s Longest Lifeline From Norway

By Jesper Starn and Rachel Morison (Bloomberg) — The U.K. — where some electricity suppliers have gone out of business amid record power and gas prices — is getting an energy...

29 mins ago
Total Views: 153


French Shipbuilding Town in Shock Over Loss of Australian Submarine Order

By Richard Lough CHERBOURG, France, Sept 24 (Reuters) – Teaching assistant Georgina was settling into a new life in the shipbuilding town of Cherbourg with her Australian husband when Canberra...

38 mins ago
Total Views: 257

Thursday, September 23, 2021

Maritime’s Path to Decarbonization: Look at the Future (and Work Back to the Present)

“How do we get from today to the future?”, was a question presented to David Cummins, the President and CEO of the Blue Sky Maritime Coalition, a group working on...

17 hours ago
Total Views: 703


Nike Sales Miss Estimates as Supply Chain Crunch Looms

By Uday Sampath Kumar and Richa Naidu Sept 23 (Reuters) – Nike Inc missed estimates for quarterly revenue on Thursday, signaling weaker-than-expected demand as it struggles with a supply chain crunch in...

18 hours ago
Total Views: 896


New Hydrogen-Ready Wind Turbine Installation Vessel Design Gets ABS Stamp of Approval

The American Bureau of Shipping has stamp of approval on the design of a new hydrogen-ready wind turbine installation vessel intended for the U.S. market. The Approval in Principal was...

18 hours ago
Total Views: 2300

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Thursday, September 23, 2021
oil tanker loading

U.S. Oil Refiners Using Iraqi, Canadian Crude to Replace Storm Losses

By Arathy S Nair and Marianna Parraga HOUSTON, Sept 23 (Reuters) – U.S. oil refiners hunting to replace storm-lost U.S. Gulf of Mexico crude have been turning to Iraqi and...

19 hours ago
Total Views: 694

Alaska cruise ship in port
Cruise Ships

Senator Murkowski Introduces Bill to Exempt Large Alaska Cruises from the Passenger Vessel Services Act

U.S. Senator Lisa Murkowski (R-AK) has officially introduced new legislation today to provide a permanent exemption from the Passenger Vessel Services Act for foreign-flagged cruises to Alaska. The Cruising for...

21 hours ago
Total Views: 1598

carnival glory
Cruise Ships

Carnival Corp On Track for Restarting Half Its Fleet By End of October

The world’s largest cruise company is on track to have half of its fleet capacity return to service by the end of October, with plans to return 65% of its...

22 hours ago
Total Views: 469

cargo ship

Thailand Planning National Shipping Line to Boost Status as Logistics Hub

By Randy Thanthong-Knight (Bloomberg) — Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global...

22 hours ago
Total Views: 691


InterManager President Calls for ‘One Voice’ for Shipping

The international trade association representing the ship management industry is calling for a single voice for shipping when it comes to working with regulators or risk “knee-jerk, populist policies” that...

23 hours ago
Total Views: 304

Thursday, September 23, 2021

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 operations. The minority investment in Prometheus Fuels...

24 hours ago
Total Views: 972

bulk carrier at sea

Dry Bulk’s Baltic Index Rises to 12-Year Peak

Sept 23 (Reuters) – Strong rates across dry bulk vessel segments drove the Baltic Exchange’s main sea freight index to their highest since 2009 on Thursday. * The overall index,...

September 23, 2021
Total Views: 859

Wednesday, September 22, 2021
tanker in new york harbor

Maritime Decarbonization: Shades of OPA 90, Dotcom Bubbles and Big, Big Bucks

This time, it’s going to be different. Well, maybe yes, maybe no. The second day of the Marine Money Climate conference featured a group of excellent high level presentations- looking...

September 22, 2021
Total Views: 1176

lng carrier

LNG Suppliers Focus on Spot Deals in Price Jump -Buyer

By Anna Shiryaevskaya and Verity Ratcliffe (Bloomberg) — Liquefied natural gas suppliers are limiting the volume they deliver under long-term contracts in favor of higher-priced spot sales, according to GAIL India...

September 22, 2021
Total Views: 547


Los Angeles-Long Beach Container Surge Puts Port Complex Above Hong Kong

By Gavin van Marle (The Loadstar) – Surging first-half volumes at the Los Angeles-Long Beach port complex saw the US west coast gateway overtake Hong Kong to become the world’s ninth...

September 22, 2021
Total Views: 2222

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Wednesday, September 22, 2021

COSCO Shipping Unit Takes Minority Stake in Favored Hamburg Container Terminal

The port operations arm of COSCO Shipping will buy a minority stake in Port of Hamburg’s Container Terminal Tollerort (CTT), the main calling point for COSCO Shipping ships in Germany....

September 22, 2021
Total Views: 733

sabine pass lng exports

U.S. Energy Exports Show First Surplus Since at Least the 1970s

By Simon Casey (Bloomberg) — Trade deficits have been a stubborn feature of the U.S. economy for decades now, but energy has started to buck that trend, helped by burgeoning shipments...

September 22, 2021
Total Views: 994

strait of gibraltar

Sniffer Drone Hunts Ships Breaking Sulphur Limits in Strait of Gibraltar

A sniffer drone has been on the prowl this summer in the busy Strait of Gibraltar in search of ships busting global sulphur emissions regulations. The operation is being carried...

September 22, 2021
Total Views: 2544


MAIB Reports on Fatal Crush Incident on General Cargo Ship ‘Cimbris’

Unsafe working practices and poor safety culture were at issue in the death of port stevedore who was crushed by a hatch cover during cargo discharge operations on board a...

September 22, 2021
Total Views: 2157

diego garcia

Operation DGAR: A Collective Effort to Repatriate Stranded Mariners During a Global Pandemic

A Case Study in the flexibility, ingenuity and responsiveness of the commercial maritime industry during the COVID-19 Pandemic. By Chris Fertig By the spring of 2020, COVID-19 restrictions on travel...

September 22, 2021
Total Views: 1118