Maritime News from gCaptain.com

IMO’s Low Sulphur Fuel Regs Seen Cutting Demand for Canadian Oil

News from gCaptain - Tue, 08/14/2018 - 08:55
By Robert Tuttle (Bloomberg) — As if pipeline bottlenecks weren’t enough, Canadian heavy oil producers are facing a new barrier to marketing their crude. New rules limiting the amount of sulfur allowed in shipping fuel is expected to cut demand for both high-sulfur fuel oil and the sour crude that yields it. In Canada, that could extend […]
Categories: Maritime News

More Ships Installing Scrubbers Ahead of 2020 – JBC

News from gCaptain - Tue, 08/14/2018 - 08:35
SINGAPORE, Aug 14 (Reuters) – An increase in the number of ships adding cleaning systems to their smokestacks will mean vessels will continue to burn a sizable amount of fuel oil once new sulphur regulations for the fuel go into effect, Vienna-based consultancy JBC Energy said on Tuesday. Ships installed with exhaust gas cleaning systems, […]
Categories: Maritime News

Kinaki Arrives Home to Port Taranaki

News from gCaptain - Tue, 08/14/2018 - 06:45
Press Release – Robert Allan Ltd. – In June 2018 the new 25 metre harbour tractor tug Kinaki completed its 73-day journey via heavy lift transport ship from Istanbul, Turkey, and arrived safely in Lyttelton, New Zealand. From here it sailed on its own bottom to its new home with Port Taranaki in New Plymouth. […]
Categories: Maritime News

Alaska Commercial Fishermen Brace For China Tariff Pain

News from gCaptain - Mon, 08/13/2018 - 13:44
By Yereth Rosen (Reuters) – Alaska fishermen are used to coping with fickle weather and wild ocean waves. Now they face a new challenge: the United States’ trade war with China, which buys $1 billion in Alaskan fish annually, making it the state’s top seafood export market. Beijing, in response to the Trump administration’s move […]
Categories: Maritime News

Mysterious Manatee Deaths Baffle Scientists

News from gCaptain - Mon, 08/13/2018 - 13:32
by Suman Naishadham (Reuters) – In the swampy wetlands of southern Mexico, officials and researchers are struggling to explain the deaths of dozens of manatees, the chubby marine mammals once confused with mermaids by ancient mariners. Fishermen who navigate the muddy waters inland from the coast of Tabasco state have discovered since May at least […]
Categories: Maritime News

Gaza Fishing Vessels Challenge Israeli Blockade

News from gCaptain - Mon, 08/13/2018 - 13:26
by Nidal al-Mughrabi (Reuters) – A group of Palestinian fishing boats that sailed off the shore of Gaza to challenge an Israeli naval blockade of the coastal enclave drew warning shots from the Israeli navy on Saturday, the boats’ organizers said. About 20 fishing boats set sail from Gaza City port toward the maritime border […]
Categories: Maritime News

Italy Refuses Safe Harbor To Migrant Ship M/V Aquarius

News from gCaptain - Mon, 08/13/2018 - 13:18
Antonio Denti (Reuters) – Italy on Monday denied safe harbor to 141 people rescued by the humanitarian ship M/V Aquarius off the coast of Libya last week, setting up another standoff with European Union allies over taking in migrants who try to cross the Mediterranean. The Aquarius, run by Franco-German charity SOS Mediterranee and Doctors without […]
Categories: Maritime News

U.S. Soybean Cargo Docks in Chinese Port After Weeks at Sea

News from gCaptain - Sun, 08/12/2018 - 10:06
BEIJING, Aug 12 (Reuters) – A ship carrying soybeans from the United States docked in the port of Dalian on Saturday, more than a month after it arrived off China’s coast just as hefty tariffs were imposed on U.S. goods, according to Thomson Reuters Eikon shipping data. The short journey into the northern Chinese port […]
Categories: Maritime News

Cheniere Signs 25-Yeara LNG Deal with Taiwan’s CPC

News from gCaptain - Sun, 08/12/2018 - 10:00
Aug 11 (Reuters) – U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it had signed a 25-year deal to supply Taiwan’s CPC Corp, which CPC valued at roughly $25 billion. Cheniere said it will sell 2 million tonnes of LNG per year on a delivered basis to the state-owned oil and […]
Categories: Maritime News

Viking Supply Ships Sells Three Icebreaking AHTS

News from gCaptain - Fri, 08/10/2018 - 13:06
Viking Supply Ships announced Friday it has sold three icebreaking AHTS Tor Viking, Balder Viking and Vidar Viking to the monarchy of Canada as the weak offshore market continued in the first half of 2018. Adding to its woes, Viking Supply Ships also revealed that it will report a first half-year net loss of $40 […]
Categories: Maritime News

Wilhelmsen Wins Singapore Funding to Test Shore-to-Ship Drone Delivery

News from gCaptain - Fri, 08/10/2018 - 11:52
Norway-based maritime services company Wilhelmsen Ships Service has been selected to help develop the future Unmanned Aircraft Systems (UAS) regulatory framework for Singapore and will receive dedicated funding for their shore-to-ship drone delivery project. Wilhelmsen Ships Service is one of only four companies to have received the funding following a Call-For-Proposal (CFP) by the Civil […]
Categories: Maritime News

New Super Post-Panamax Cranes Arrive at Port of Houston

News from gCaptain - Fri, 08/10/2018 - 10:27
The Port of Houston’s Bayport Container Terminal welcomed this week the arrival of three new Super Post-Panamax cranes, highlighting of the port’s $100 million investment in port upgrades to handle the increasingly larger ships calling at the port.  The three 270 foot-tall Neopanamax ship-to-shore (STS) cranes are the first of two crane shipments Port Houston is to […]
Categories: Maritime News

Iran Test-Fired Anti-Ship in Strait of Hormuz Last Week -U.S. Official

News from gCaptain - Fri, 08/10/2018 - 10:04
WASHINGTON, Aug 10 (Reuters) – Iran test-fired a short-range anti-ship missile in the Strait of Hormuz during naval drills last week that Washington believes were aimed at sending a message as the United States reimposes sanctions on Tehran, a U.S. official said on Friday. The official, however, did not suggest that such a missile test […]
Categories: Maritime News

China’s State Firms Cementing Lucrative Role in South China Sea, New Research Shows

News from gCaptain - Fri, 08/10/2018 - 08:16
By Greg Torode and Brenda Goh HONG KONG/SHANGHAI, Aug 9 (Reuters) – Beijing’s giant state-owned enterprises are playing an increasing role in China’s build-up in the South China Sea and could seek to cement their dominant position in coming years, according to new research. The work by academic Xue Gong and published by Singapore’s ISEAS Yusof […]
Categories: Maritime News

Hapag Lloyd Deepens Cost Cut Drive After H1 Loss Widens

News from gCaptain - Fri, 08/10/2018 - 08:08
FRANKFURT, Aug 10 (Reuters) – German shipping company Hapag Lloyd said it accelerated cost cuts in the first half of 2018 to offset higher operational costs from fuel costs, charter rates and a slow recovery in freight rates. “We have implemented additional measures to recover these costs: we are critically reviewing the economic viability of […]
Categories: Maritime News

Investigation Fails to Pinpoint Cause of Sewol Ferry Sinking

News from gCaptain - Thu, 08/09/2018 - 17:14
The cause of one the worst maritime disasters in South Korea’s history is likely to remain a mystery. This week, an eight-member panel appointed by the South Korean government to investigate the 2014 capsizing and sinking of the Sewol ferry released its findings from the investigation, failing to pinpoint an exact cause. Instead, the panel […]
Categories: Maritime News

Despite Tariffs, U.S. Soy Is Still Headed to China. Here’s Why

News from gCaptain - Thu, 08/09/2018 - 15:52
By Shruti Date Singh and Tatiana Freitas (Bloomberg) –It looks like China can’t completely shun U.S. soybeans as at least a few cargoes of American supplies head to its shores. The crop has been thrust into the center of trade war between the two nations. China slapped retaliatory tariffs of 25 percent on American shipments, […]
Categories: Maritime News

Europe Shows It’s Getting Serious About Buying U.S. LNG

News from gCaptain - Thu, 08/09/2018 - 14:33
By Anna Shiryaevskaya and Naureen S. Malik (Bloomberg) — European nations are far behind Mexico and China when it comes to receiving liquefied natural gas from the U.S., but the region is making its biggest effort to date to change that. European Commission trade officials will travel to Washington on Aug. 20 to follow up on an […]
Categories: Maritime News

GAO: DOT Needs to Finalize Require Maritime Strategy for Sustaining the U.S.-Flag Fleet ASAP

News from gCaptain - Thu, 08/09/2018 - 14:13
The U.S. Department of Transportation needs to expeditiously finalize a national maritime strategy for sustaining the U.S.-flag fleet and ensuring the availability of American mariners, the Government Accountability Office said in a report. In a crisis, the United States’ government relies on oceangoing, U.S.-flag ships and U.S.-citizen crews to help the military transport goods. To […]
Categories: Maritime News

Port of Long Beach Container Volumes Dip in July

News from gCaptain - Thu, 08/09/2018 - 13:07
The Port of Long Beach saw a decline in container volumes in July compared to the same month a year ago, which hit a historic high that has since been surpassed. The drop, 4.4 percent, was attributed to shipping alliances’ decisions in July to shift vessel deployment and port calls. Port officials also raised concerns […]
Categories: Maritime News
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