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Maritime News
Updated: 4 hours 16 min ago

Traders Rush to Move Diesel Up Rhine as Water Level Ebbs

Fri, 06/29/2018 - 06:04
By Bill Lehane (Bloomberg) — Traders are racing to move barges of diesel and gasoil up the Rhine River, one of Europe’s key shipping arteries, as declining water levels caused by a dry spell impede transport. Cargoes of the fuels moving inland from the river’s mouth in the Netherlands have jumped by 50 percent since […]
Categories: Maritime News

Thorco Lineage Refloated But Remains Adrift in French Polynesia

Thu, 06/28/2018 - 14:43
The general cargo ship Thorco Lineage has been towed off of the atoll in French Polynesia where it ran hard aground last Saturday, but as of Thursday, the ship was once again adrift after the tow line parted. French officials report that the Thorco Lineage was refloated on Tuesday with help from the multi-mission vessel […]
Categories: Maritime News

BAE Wins $25.7 Billion Australian Frigate Contract

Thu, 06/28/2018 - 13:24
June 28 (Reuters) – Britain’s BAE Systems PLC has won a A$35 billion ($25.7 billion) contest to deliver anti-submarine warfare frigates for the Australian navy, the Australian government said on Thursday. The nine ships, to be designed by BAE and built by government-owned ASC Shipbuilding in Australia are expected to underpin the country’s maritime combat […]
Categories: Maritime News

Incident Video: Oh Sch**sse! German Warship’s Missile Misfire

Thu, 06/28/2018 - 10:56
Check out this video that has emerged showing an SM-2 missile misfire aboard a Germany warship. The test fire took place June 21 aboard the German Navy vessel Sachsen (F219). Luckily, only two crew members sustained minor injuries. The deck of the Sachsen, however, was pretty scorched by the blast. Damage sustained to Sachsen (F219) […]
Categories: Maritime News

Trump’s Tariffs Could Hit 15 Percent of Los Angeles Port Business, Port Official Says

Thu, 06/28/2018 - 10:41
By Nick Carey June 27 (Reuters) – Tariffs on U.S. imports of Chinese goods imposed by the Trump administration could hit up to 15 percent of goods moving through the Port of Los Angeles once they go into effect, the port’s executive director Gene Seroka told Reuters on Wednesday. Seroka said in a telephone interview […]
Categories: Maritime News

Watch: ‘Look Who’s Docking Now’ Hilarious Anti-Drinking While Boating PSA

Thu, 06/28/2018 - 10:26
The Norwegian NGO who brought us How to Dock Like a Boss and How to Launch Like a Boss is back with its third commercial reminding viewers that “docking is an artform best practices sober”.  The group behind the videos is AV-OG-TIL, whose aim is to raise awareness around the dangers of intoxication in situations like operating […]
Categories: Maritime News

Queen Elizabeth Makes Millions from U.K.’s Offshore Wind Farms

Thu, 06/28/2018 - 09:22
By Anna Hirtenstein (Bloomberg) — Leasing the seabed to offshore wind developers was the most profitable business last year for The Crown Estate Ltd., the company that generates income for Queen Elizabeth II. Earnings from the clean-energy technology in 2017 jumped 32 percent from the previous year to 37 million pounds ($49 million), according to […]
Categories: Maritime News

As Mexico’s Oil Sector Sputters, Crime and Violence Rattle Industry Towns

Thu, 06/28/2018 - 08:31
By Gabriel Stargardter PARAISO, Mexico, June 28 (Reuters) – Until recently, Edgar Barrera enjoyed a life many Mexicans could only hope for. In a few short years, the 36-year-old bookkeeper rose from handyman to white-collar worker at what seemed to be one of the most stable companies in Latin America: state-owned oil firm Pemex. Thanks to […]
Categories: Maritime News

Vestas, Maersk Supply Service to Tackle Costs of Ever Bigger Wind Turbines

Thu, 06/28/2018 - 08:19
By Stine Jacobsen HELSINKI, June 28 (Reuters) – Danish wind turbine maker Vestas and offshore services firm Maersk Supply Service are teaming up to tackle the cost of transporting and installing ever larger wind turbines. Seeking to remain profitable as European countries phase out subsidies, the industry is turning to ever bigger turbines to harness […]
Categories: Maritime News

Shipping Industry Increasingly Turning to LNG to Meet Clean Fuel Rules

Thu, 06/28/2018 - 08:14
By Julie Gordon WASHINGTON, June 28 (Reuters) – With new global emissions standards looming, the marine shipping industry is increasingly looking at liquefied natural gas as alternative to high-sulfur bunker fuel, shipping and energy executives said at a global gas summit this week. Already used to fuel ferry fleets and cruise ships, LNG is gaining […]
Categories: Maritime News

Foss Maritime Centralizes Vessel Operations with Helm CONNECT

Thu, 06/28/2018 - 06:08
U.S. Marine Transportation and Logistics Services Provider Streamlines Fleet Management with Innovative Software Platform Press Release – SEATTLE, Wash., June 27, 2018 – Foss Maritime has announced that it has kicked off a company-wide project to centralize fleet management and operations with Helm CONNECT, a leading marine software platform. The announcement comes as Foss moves […]
Categories: Maritime News

Panama Canal Opens Way for More LNG Transits With U.S. Exports Rising

Wed, 06/27/2018 - 15:22
By Naureen S. Malik (Bloomberg) — The Panama Canal Authority will ramp up the movement of massive liquefied natural gas tankers through the waterway starting in October, as U.S. exports of the fuel are set to expand. Under the new rules, the ships can traverse the canal at night, and two at a time can be on […]
Categories: Maritime News

Crews Continue to Clean HFO Spill at the Port of Rotterdam

Wed, 06/27/2018 - 15:16
Crews are making progress in the clean-up of more than 200 metric tons of heavy fuel oil that was spilled at the Port of Rotterdam over the weekend after a chemical tanker hit a jetty. Officials reported Wednesday that approximately 160 tonnes of oil had been recovered as of Wednesday morning, but they warned that […]
Categories: Maritime News

The Expanded Panama Canal Just Turned Two: Here Are Some Facts, Figures and Highlights the First Few Years of Operation

Wed, 06/27/2018 - 12:39
The Panama Canal on Tuesday marked the two-year anniversary of the inauguration of Expanded Panama Canal, the largest enhancement project in the waterway’s 103-year history. To date, the Canal has transited 3,745 Neopanamax vessels, exceeding the performance exceptions of Expanded Canal’s Neopanamax Locks.  “Two years ago, we pledged to usher in a new era for world commerce,” […]
Categories: Maritime News

First Offshore Wind Farm Battery Installed in Scotland

Wed, 06/27/2018 - 11:48
Norwegian energy company Equinor has installed a battery that will for first time make it possible to store energy produced from an offshore wind farm.  The so-called Batwind battery storage solution was inaugurated Wednesday in Peterhead, Scotland by Batwind partners Equinor and Masdar.  With the system in operation, electricity produced at the world’s first floating offshore wind farm Hywind […]
Categories: Maritime News

Humanitarian Ship Docks in Malta, Ending Week-Long Standoff

Wed, 06/27/2018 - 11:10
By Chris Scicluna VALLETTA, June 27 (Reuters) – A humanitarian ship that has had about 230 rescued migrants on board for almost a week docked in Malta on Wednesday, ending a stand-off with Italy which refused to let the ship into one of its ports. Maltese Prime Minister Joseph Muscat said seven European Union countries […]
Categories: Maritime News

U.S. Shale Could Hold a ‘Century Supply’ of Natural Gas

Wed, 06/27/2018 - 10:52
By Ernest Scheyder WASHINGTON, June 27 (Reuters) – Natural gas production from U.S. shale fields can keep growing for decades, giving Washington a powerful diplomatic tool to counter the geopolitical influence of other energy exporters such as Russia, industry executives and government officials said at a conference here. Already the world’s largest gas producer, the United […]
Categories: Maritime News

Crude Surges to 3 1/2-Year High After U.S. Stockpiles Plunge

Wed, 06/27/2018 - 10:12
By Jessica Summers (Bloomberg) — Oil rose to a level last seen in late 2014 after U.S. crude stockpiles tumbled by the most since September 2016. Futures rose as much as 3.4 percent in New York on Wednesday. Domestic crude inventories declined by 9.89 million barrels last week, while refiners boosted oil processing rates and […]
Categories: Maritime News

WATCH: Captain Demos Remote-Controlled Tugboat from 700-Miles Away

Wed, 06/27/2018 - 09:46
Netherlands-based KOTUG has demonstrated what it says is the first sailing of a remotely controlled tugboat from a long-distance location. For the demonstration, the tug RT Borkum, located in Rotterdam, was controlled from the floor of the International Tug, Salvage & OSV Convention, which was taking place over 700 miles away in Marseille, France. A […]
Categories: Maritime News

In Louisiana, Trump’s Trade War Makes Biggest U.S. Port Tremble

Wed, 06/27/2018 - 08:27
By Katia Dmitrieva(Bloomberg) — To understand what a trade war means for America, go to the Mississippi. Follow the mud-brown river past Louisiana’s chemical plants, oil refineries, granaries, ports, and the rail networks and highways that spring from its fingers. Over centuries, trade on the winding waterway hailed as the great spine of the U.S. […]
Categories: Maritime News