USCG responds to grounded coal carrier Coast Guard Sector Virginia and the Port of Virginia's Maritime Incident Response Team are assisting the crew of a bulk carrier after it ran aground near Norfolk on Wednesday night. Watchstanders at
Wärtsilä divests its valves business Wärtsilä has divested 100% of the shares in Wärtsilä Valves Ltd to an affiliate of New York City based Evergreen Capital L.P. Located in Brough, U.K., Wärtsilä Valves Ltd. supplies the entire
Terminal tug duo arrives in Orkney Islands Last month saw the delivery of Odin of Scapa and Thor of Scapa, a pair of Robert Allan Ltd. designed RAstar 3200-SX terminal support/escort tugs, that will operate in Scotland's Orkney Islands.
Chouest to build and operate first Jones Act offshore wind SOV Edison Chouest Offshore (ECO), Ørsted and Eversource today announced the execution of a long-term charter agreement for the provision of the first-ever U.S. flagged Jones Act compliant wind farm Service Operations Vessel
FueLNG names Singapore's first LNG bunkering vessel In a virtual ceremony today, FueLNG, a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd, named Singapore's first LNG bunkering vessel (LBV), FueLNG Bellina.
IMO hit by cybersecurity attack The International Maritime Organization (IMO) has become the latest high profile maritime victim of a cyber attack. "The interruption of service was caused by a sophisticated cyber attack against the organization's IT
Shipping's cyber defences fail attack test As the IMO and CMA CGM conduct investigations into cyber attacks on their systems, the focus is on the cost -...
Ports are enabling the supply chains of the future Resilience will need to be at the forefront of everyone's minds over the next 12 months, as new border arrangements...
Transparency is key to effective crisis management Shipping companies must become more open when dealing with crises if they are to keep the confidence of their customers
Navios Holdings sells two bulkers to affiliate The deal appears to strengthen Navios Maritime Holdings' balance sheet, while furthering Navios Partners' growth with modern ships
Eurokai stays in black despite pandemic Pressures on revenues and earnings apparent from April through to June, before picking up slowly from July onwards, the company...
Energy efficiency and reducing costs are key factors in new ship orders Container vessels and crude, LNG and chemical tankers in the current orderbook for 2020-2024 will be more energy efficient than...
Algeria diversifies wheat imports While Algeria's wheat diversification is positive for dry bulk shipping because some imports are being sourced from as far away...
Seaborne fuel oil flows altered by pandemic and sulphur rules 'The market underestimated how much compliant fuel would actually be available due to the availability of cheaper blended fuels and...
Financial tools are key to shipping's decarbonisation push The Baltic Exchange believes that risk management and mitigation tools in the form of carbon markets, taxation and offsetting schemes...
V.Group names Kofod-Olsen as chief executive Appointment 'brings strong commercial acumen, broad shipping experience and strategic transformation know-how', says company
Seadrill changes chief executive ahead of debt restructuring Oslo-listed offshore rig operator has replaced Anton Dibowitz as chief executive, as the company's seeks a $7.3bn debt restructuring amid...
China port congestion not linked to Australian trade spat Import quotas said to be eased from October, helping relieve port congestion
Hygo chief granted leave amid Brazil probe Golar said Mr. Antonello's leave 'is not in any way linked to any action or misconduct during his tenure at...
Hapag-Lloyd to tap Shell for LNG bunker supply Hapag-Lloyd is one of first two named foundation clients that will back the utilisation of Singapore's first purpose-built LNG bunker...
Swire Bulk appoints Peter Norborg as chief executive Mr Norborg was previously employed by dry bulk and ro-ro company Clipper group, where he was instrumental in its refocus...
New York Shipping Exchange raises funds for service expansion Reliable contracts provide shippers with a way of avoiding ambiguity and securing their supply chain, says NYSHEX chief executive Gordon...
IMO security breached by 'sophisticated' cyber attack 'The interruption of service was caused by a sophisticated cyber attack against the organisation's IT systems that overcame robust security...
DHL eyes biofuel switch to decarbonise freight Switching to biofuel sourced from waste holds the key to achieving carbon neutrality in freight forwarding operations, the logistics giant...
Daily Briefing Free to read: Shipping nations rally behind short-term IMO emission plan | Shell bets on hydrogens zero-emissions promise | HHLA's...
Seafarers now covered by UK minimum wage rules The UK will extend its minimum wage to seafarers working between UK ports and in the offshore energy supply chain...
Orsted hails 'incredible moment' with US-flagged offshore wind vessel charter Offshore wind giant and utility partner say Jones Act-compliant SOV will serve New England projects
Marella Cruises retires ageing ship amid Covid-19 uncertainty Ultimate fate of UK brand's second-oldest vessel is unknown for now
Navios Maritime buys two bulkers from sister company
Aegean digitally inks aframax newbuildings at Cosco Greek tanker newbuilding drive continues, with George Melissanidis-led outfit ordering up to three aframaxes at its preferred shipbuilding partner in China
While investors fled, BW Group grabbed Golar LNG shares When Golar LNG shares dipped below $6, the Andreas Sohmen-Pao company struck
Ex-High Court judge Sir Nigel Teare joins arbitrators at 10 Fleet Street Judge who presided over the infamous Brillante Virtuoso case has retired from London's Commercial and Admiralty courts
Golar LNG and BP agree new delivery date for FLNG unit Force majeure ended on LNG carrier Gimi conversion into production floater
Project cargo specialists form United Marguisa Lines Partners team up on project and multipurpose services to African trades
Singapore's first LNG bunker vessel to be in operation by year-end FueLNG Bellina named in China with Shell and Hapag-Lloyd lined up as its first customers
Hydrogen fuel cell vessel proves worth - but welcome with caution Shipping should be extra careful about hydrogen technology's safety and compliance issues before getting the potentially hazardous gas on board, argue Christopher Chan and Derek Tam
Soren Skou still not satisfied after Goldman Sachs raises Maersk to 'buy' Danish group's CEO says work still to do despite enthusiastic backing from giant investment bank
UK Home Office asked maritime industry for help in deterring migrant boats But trade bodies told the government they could find no legal or safe way of assisting
'Unique' Dynagas Partners given the edge by ice-class LNG carriers Investment bank Jefferies says revenue visibility is key to US-listed shipowner's future
UK gives minimum wage to seafarers on domestic trades in historic first Shipping minister says the move is the UK's first step in leading the world towards a fairer maritime industry
Aframaxes remain in doldrums with European refinery maintenance Lack of floating storage demand also hurt rates but support may come from rising Russian and Libyan exports
IMO hit by 'sophisticated' hackers in cyber-attack United Nation's maritime regulator describes attack as 'sophisticated' as it works to restore systems
Can VLGC rate recovery survive 'firm' fleet growth? VesselsValue and ViaMar forecast bigger gas carriers taking a hit from lower US exports as new ships are delivered
Lavinia Bulk and Arrow charity day raises $13,500 for seafarers Shipping industry comes together to raise funds for seafarers who have been hard hit by the pandemic
Danish Maritime Fund chief Lundberg joins Monjasa board 'Driven' executive replaces 75-year-old Tage Bungaard as a director of tanker and bunker group
Rio Tinto ship plucks family of eight from seas off Queensland Australian maritime regulator tasked a number of surface vessels to assist in rescue from sunken catamaran
DOF loses some lender support but still stretches $2bn debt freeze Norwegian shipowner extends standstill to 31 January, but bank backing falls to 83%
Shipowners forced to act as hackers target shipping's biggest names Upcoming regulation and recent attacks have made cyber security a priority for shipowners and operators
Cyber-attack raises questions over CMA CGM's contingency plans Latest assault on major operator shows liner sector remains woefully unprepared in face of cyber security threat
Shipping requirement to buy EU carbon credits is not inevitable The European Commission may respond to parliament's inclusion of shipping in the emissions trading scheme in a way that fits with IMO carbon cuts
Seadrill CEO Dibowitz quits as new boss pledges to focus on consolidation and scrapping Stuart Jackson must now complete restructuring that could wipe out existing shareholders
Singapore's Transport Capital recruits former HSH Nordbank banker Transportation focused investment management and advisory firm boosts European footprint with new recruit
MSC to splash out $888m to order boxship giants Aponte family-led liner operator sticks to fuel oil-run vessels and will be installing scrubbers on its latest 23,000-teu order
UK's Centrica secures first long-term LNG supply deal with China State-backed Shenergy has agreed its second long-term deal with a major international energy company
Peter Norborg joins Swire Bulk as new chief executive Clipper Group's departing CEO to lead China Navigation's bulk arm as it gets spun off into standalone company
Rio Tinto bulker plucks family of eight from seas off Queensland Australian maritime regulator tasked a number of surface vessels to assist in rescue from sunken catamaran
Lack of passenger flights holds down airfreight The air cargo industry is operating with an anchor tied around its waist: The absence of strong passenger service.
US import bonanza could extend into 2021 on 'record' restocking 'Get ready for the biggest restocking cycle on record,' says Jefferies.
DHL Global Forwarding picks new Americas CEO Tim Robertson succeeds Bill Meahl, who will continue to serve in an advisory role until his retirement next September.
FMC extends coronavirus-related service contract filing flexibility U.S. Federal Maritime Commission anticipates COVID-19 impact on U.S. supply chain to continue into the first half of 2021.
Coast Guard responds to fuel oil leak and ship aground YM Mandate leaks fuel oil in New Jersey, and the Hong Dai runs aground in Virginia.
IMO hit with cyberattack; CMA CGM suspects data breach International Maritime Organization website down and CMA CGM continues investigation following ransomware attack
NYSHEX, carriers push for more binding ocean shipping contracts As NYSHEX expands and Maersk Spot nears U.S. approval, ocean transport contracts could become more binding.
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