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Finance

Exxon Traders Quit While BP And Shell Colleagues Make Billions

By Devika Krishna Kumar and Julia Payne (Reuters) – Exxon Mobil Corp has lost two veteran crude oil traders from its U.S. energy trading group and a third is leaving...

7 hours ago
Total Views: 1491

Coral Ocean Reef Cairns, Australia
Environment

Can Marine Insurance Save Coral Reefs?

By Christine Murray (Thomson Reuters Foundation) – As climate change threatens coral reefs around the world, conservation experts in Latin America have enlisted an unlikely ally to try to preserve...

7 hours ago
Total Views: 383

Sahand Destroyer
Navy

Are Iranian Warships Smuggling Weapons To Venezuela?

By David Wainer (Bloomberg) The U.S. is closely tracking an Iranian navy transport ship headed for the Caribbean — possibly Venezuela — and is prepared to take action against the delivery...

7 hours ago
Total Views: 1179
alaska cruises
Cruise Ships

Utah Senator Lee Introduces Bills to Repeal the Passenger Vessel Services Act

Utah Senator Mike Lee (R-UT) has introduced legislation to permanently repeal the Passenger Vessel Services Act, calling it an outdated and protectionist law that benefits Canada and Mexico more than...

21 hours ago
Total Views: 6687

Shipping

Bouchard Transportation Seeking Buyer to Avoid Closure, Layoffs

New York-based barge operator Bouchard Transportation may need to close its facilities and lay off as many 108 workers if it is unable to find a buyer for the company...

24 hours ago
Total Views: 3899

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Friday, June 11, 2021
Container Terminal Shenzhen in Guangdong
Ports

Congestion at South China Ports Worsens on Anti-COVID-19 Measures

By Muyu Xu and Gabriel Crossley BEIJING, June 11 (Reuters) – Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19...

June 11, 2021
Total Views: 1771

Offshore

Biden Administration Proposes Offshore Wind Lease Sale for Waters Off New York and New Jersey

The U.S. Department of the Interior is taking steps to hold an offshore wind lease sale off the coast of New York and New Jersey. The DOI’s Bureau of Ocean...

June 11, 2021
Total Views: 862

celebrity millennium
Cruise Ships

Cruise Lines Push Ahead with Plans After COVID-19 Cases

June 11 (Reuters) – Royal Caribbean Group and Carnival Corp will push ahead with a return to cruises this summer despite two guests onboard Royal Caribbean’s Celebrity Millennium ship testing...

June 11, 2021
Total Views: 1205

Polar Pioneer barents sea statoil
Offshore

Norway Not Ready to Part with Oil and Gas in Push for Greener Energy

By Nora Buli and Nerijus Adomaitis OSLO, June 11 (Reuters) – Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until...

June 11, 2021
Total Views: 1141

general cargo ship
Ports

China’s Buying So Much Corn Its Ports Are Clogging

By Bloomberg News (Bloomberg) — China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month outside southern ports because of...

June 11, 2021
Total Views: 2375


Friday, June 11, 2021
Ports

Ships Skip Singapore as China Congestion Snarls Supply Chain

By Ann Koh (Bloomberg) — Delays from congestion at southern Chinese ports triggered by fresh Covid-19 outbreaks are rippling through global supply chains, threatening to inflate costs and exacerbate disruptions. A...

June 11, 2021
Total Views: 1729

ship emissions
Environment

U.S. Joins Norway, Denmark to Advance Zero Emission Ship Fuels

By Jonathan Saul LONDON, June 11 (Reuters) – The United States is working with Norway, Denmark and other countries to develop zero emissions fuel options for ships as part of...

June 11, 2021
Total Views: 506

Thursday, June 10, 2021
celebrity millennium
Cruise Ships

Two Guests on Royal Caribbean Cruise Ship Test Positive for COVID-19

June 10 (Reuters) – Cruise operator Royal Caribbean said on Thursday two guests onboard its Celebrity Millennium ship have tested positive for COVID-19, but are asymptomatic and currently in isolation....

June 10, 2021
Total Views: 9250

Environment

National Geographic Recognizes Earth’s 5th Ocean

It took over 100 years, but starting now National Geographic will recognize the body of water around Antarctica and below the 60th parallel as the Southern Ocean after cartographers determined...

June 10, 2021
Total Views: 8657

containers at port of los angeles
Ports

Port of Los Angeles Processes Record 10 Million TEUs for New Western Hemisphere Record

The Port of Los Angeles has become the first port in the Western Hemisphere to handle 10 million twenty-foot equivalent containers (TUE) over a 12-month period. The port celebrated the...

June 10, 2021
Total Views: 2242

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Thursday, June 10, 2021
IMO greenhouse gas emissions
Environment

Key IMO Meeting to Consider New Climate Measures for Shipping

The International Maritime Organization (IMO) is set to adopt new measures to reduce the shipping industry’s greenhouse gas emissions during a key meeting of IMO’s Marine Environment Protection Committee (MEPC...

June 10, 2021
Total Views: 1366

Accidents

Mauritius’ Top Court Denies Bail to Wakashio Captain; Master to Remain in Jail Pending Trial

By Vel Moonien in Mauritius Mauritius’ Supreme Court rejected a appeal for the release on bail of the captain of the ill-fated Wakashio, siding instead with prosecutors that the captain...

June 10, 2021
Total Views: 2980

offshore wind feeder vessel
Offshore

Green Shipping Line Selects Designer for Jones Act Offshore Wind Feeder Vessels

U.S.-based Green Shipping Line has announced an agreement with European marine engineer DEKC Maritime (DEKC) for the design of offshore wind shuttle vessels to be operated in the United States...

June 10, 2021
Total Views: 2265

mardis gras lng bunkering
Cruise Ships

Photos: Mardi Gras Becomes First Cruise Ship to Bunker LNG in North America

The MS Mardi Gras has become the first cruise ship to bunker liquefied natural gas fuel in North America as the ship gets ready to return to sailing. The ship...

June 10, 2021
Total Views: 3337

Shipping

Container Shortage Worsens as Ships Avoid Chinese Ports That Need Empties

By Mike Wackett (The Loadstar) – The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave of Covid outbreaks in Guangzhou province. According...

June 10, 2021
Total Views: 22614