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...
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...
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)...
Remotely operated vehicles (ROVs) are a versatile tool used to assist commercial divers and maritime contractors in performing inspections in both enclosed spaces and offshore, open water applications. Submersible ROV...
International Transport Workersâ 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...
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...
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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...
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...
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...
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...
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...
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,...
By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houstonâs fossil-fuel industry seems finally ready to move on. A...
The U.S. Attorneyâs 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...
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...
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....
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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...
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...
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...
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...
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...
