Wednesday, April 21, 2021
bulk ship
Shipping

Baltic Dry Index Jumps to Over 10-Year Peak on Capesize Surge

April 21 (Reuters) – The Baltic Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel...

Wednesday, April 21, 2021
Total Views: 1587

President Biden
Environment

Shipping Industry Pushes for ‘Market-Based Measures’ to Help Achieve Decarbonization Targets

Several of the world’s major shipping organizations are calling on world leaders to urgently examine the role of so-called market-based measures (MBMs) to ensure ambitious decarbonization targets are met across...

17 hours ago
Total Views: 617

Environment

Singapore Launches $90 Million Decarbonization Fund for Shipping

SINGAPORE, April 21 (Reuters) – The Maritime and Port Authority of Singapore (MPA) announced two initiatives on Wednesday to reduce the shipping industry’s greenhouse gas emissions, including a S$120 million ($90 million)...

17 hours ago
Total Views: 784
Ever Given crew welfare check
Shipping

ITF Conducts Welfare Check of Ever Given Crew Members

International Transport Workers’ Federation (ITF) respresentatives boarded the Ever Given in the Suez Canal’s Great Bitter Lake on Sunday for a welfare check of its crew. The health and welfare...

18 hours ago
Total Views: 2897

Accidents

NTSB: Poor Cargo Loading Procedures Led to Loss of Containers off Hawaii

Poor barge loading resulted in the loss of 21 cargo containers into the ocean off the coast of Hawaii last year, the National Transportation Safety Board said in its report...

19 hours ago
Total Views: 1467

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Wednesday, April 21, 2021
Port Revel Shiphandling Training Centre
Shipping

On French Lake, Mariners Learn How Not to Get Stuck in the Suez Canal

By Stephane Mahe PORT REVEL, France, April 21 (Reuters) – Francois Mayor nudged back on the power and made a subtle adjustment on the wheel as he coaxed his cargo...

20 hours ago
Total Views: 3912

missing indonesian submarine
Accidents

Search for Missing Indonesian Submarine Finds Oil Spill

By Agustinus Beo Da Costa JAKARTA, April 21 (Reuters) – Indonesian rescuers searching for a submarine that went missing with 53 people on board found an oil spill on Wednesday...

20 hours ago
Total Views: 1593

MBARI GO-BGC Ocean ROBOTS
Environment

500 Robots Released To Float The World’s Oceans

by Nathan Frandino (Reuters) – After years studying the icy waters of the Southern Ocean with floating robotic monitors, a consortium of oceanographers and other researchers is deploying them across...

23 hours ago
Total Views: 3061

Tuesday, April 20, 2021
vice admiral linda fagan
Defense

President Biden Nominates Vice Adm. Linda Fagan to Serve as Vice Commandant of the Coast Guard

President Biden has nominated Vice Admiral Linda L. Fagan to serve as Vice Commandant of the U.S. Coast Guard. If confirmed, Vice Adm. Fagan would be the first female four-star...

April 20, 2021
Total Views: 2695

IMO greenhouse gas emissions
Environment

U.S. to Join Effort to Decarbonize Global Shipping

The United States will push the International Maritime Organization towards net zero emissions by 2050. In 2018, the IMO adopted an initial strategy seeking to reduce total annual GHG emissions from...

April 20, 2021
Total Views: 1648


Tuesday, April 20, 2021
pilot boarding san francisco
Shipping

Captain Livingstone: Troubled Waters

By Captain George H Livingstone – Anyone who works on the water understands both the practical and elemental connection between water and life. We earn our living, feed our families,...

April 20, 2021
Total Views: 9424

houston ship channel
Offshore

Legendary Natural Gas Trader Sees ‘Seismic Shift’ in Houston’s Oil Patch

By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s fossil-fuel industry seems finally ready to move on. A...

April 20, 2021
Total Views: 3738

aegean marine petroleum class action lawsuit
Shipping

More Guilty Pleas in Mariner Credentialing Test Score-Fixing Scheme

The U.S. Attorney’s Office in the Eastern District of Louisiana has announced two more guilty pleas in a test score-fixing scheme at a U.S. Coast Guard exam center, bringing the...

April 20, 2021
Total Views: 2283

port of rotterdam
Shipping

European Ports Now Bearing the Brunt of Suez Canal Blockage

By Mike Wackett (The Loadstar) – The knock-on effects of the blockage of the Suez Canal is likely to impact North Europe supply chains until June. Container hub ports that used the...

April 20, 2021
Total Views: 9951

Exxon Mobil carbon capture and storage illustration
Offshore

Exxon Mobil Floats Carbon Capture and Storage Project in Gulf of Mexico

By Jennifer Hiller HOUSTON, April 19 (Reuters) – Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S....

April 20, 2021
Total Views: 1761

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Tuesday, April 20, 2021
vlcc tanker
Offshore

Historic Oil Price Crash Marks One Year Anniversary at $63 a Barrel

By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below zero, with traders extending its rally...

April 20, 2021
Total Views: 1277

China Fishing Vessels On Whitsun Reef,
Navy

Philippines Will Not Confront China’s Maritime Militia

By Andreo Calonzo (Bloomberg) Philippine President Rodrigo Duterte said challenging China in the South China Sea will only lead to violence, and that he will only do so if Beijing drills...

April 20, 2021
Total Views: 4922

Monday, April 19, 2021
WindWings
Environment

Yara Marine to Offer Wind Assist Tech to Global Shipping

Norwegian exhaust gas scrubber company Yara Marine Technologies is joining forces with British-based BAR Technologies to offer commercial-scale wind-assisted propulsion technology to the global shipping industry. The product is called...

April 19, 2021
Total Views: 1623

Shipbuilding

Bollinger Acquires Gulf Island Fabrication’s Houma Shipyard

Bollinger Shipyards announced today it has acquired the shipyard facilities of Gulf Island Fabrication (NASDAQ:GIFI). Lockport, Lousianna-based Bollinger Shipyards is a leading privately-held designer and builder of steel military and...

April 19, 2021
Total Views: 2668

seacor power capsized
Accidents

Coast Guard Suspends Search for SEACOR Power Survivors

The U.S. Coast Guard has suspended its search for the remaining missing SEACOR Power lift boat crew members 8 miles south of Port Fourchon. Eight crew members remain missing out of 19...

April 19, 2021
Total Views: 9022