All my life, I grew up around boats. My dad was a captain for 23 years, and I would travel on his ships throughout the Gulf of Mexico, the Atlantic Ocean and the Great Lakes. My first job out of college was in San Francisco, so naturally I bought…
The Government of Canada is acting to preserve and restore marine ecosystems that are vulnerable to increased marine shipping and development.Transport Canada has awarded a contract to ESSA Technologies Ltd. under the Oceans Protection Plan…
Thirty-six hours after Hurricane Maria hit Puerto Rico, the port of San Juan was back up and running, scanning the incoming relief cargo as it arrived. Now, nearly a year after the historic storm, San Juan remains one of the most secure and efficient ports in the world…
China's steel and iron ore prices were little changed on Tuesday as market participants turned cautious amid escalating trade tension between Washington and Beijing.On Monday, U.S. President Donald Trump decided to impose 10 percent tariffs…
Dubai's port operator DP World has started marketing an eight-year euro-denominated bond, a document by one of the banks leading the deal showed.The transaction would add to the expected issue of 10-year sukuk, or Islamic bonds, and 30-year…
In what can be construed as another positive sign for the turnaround of the offshore energy markets, Bernhard Schulte Shipmanagement (BSM) said it has set up a new business unit to focus on the oil and gas and offshore energy renewables markets…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Artemis.The global shipping company…
North Sea oil company Zennor Petroleum has entered into a Sale and Purchase Agreement with Mitsui E&P UK in respect of its interests in United Kingdom Continental Shelf Licences P.213, Block 16/26a, Area B and P.345 Block 16/27b Area B which represent an 8…
Hamburger Hafen und Logistik AG (HHLA) loaded the biggest ship propeller in the world onto a vessel. The “HHLA IV” floating crane brought the gigantic 110-tonne object to the port of Waltershof, where it was hoisted onto the “Hyundai Supreme” container ship…
Saudi Arabian oil giant Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two drilling islands under the company’s Berri Increment Program (BIP).The objective of the BIP is to produce an additional 250…
Singapore’s first liquefied natural gas (LNG) bunker barge scheduled to begin construction in January 2019. The 7,500 cubic meter capacity barge will be owned and operated by a joint venture between Shell and Keppel Offshore & Marine, FueLNG Pte Ltd…
Ports making up for lost timeDespite the critical role the maritime transportation system plays in the economic health of the United States, and despite its fairly recent embrace of all things automated – cranes, vehicles, surveillance and even…
The shipping industry is facing unprecedented change. With topics such as new environmental regulations and the opportunities and challenges of digitalisation dominating the conversation, seafarers’ welfare has tended to be overlooked.This trend…
U.S. companies expect to begin delivering liquefied natural gas (LNG) to Germany in four years at the latest and will challenge Russia which now accounts for 60 percent of German gas imports, the deputy U.S. energy secretary told a German newspaper…
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, was weighed down on Monday by weaker demand for the capesize vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…
