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Maritime News
Updated: 3 days 6 hours ago

Lynch Outlines Growth Prospects for Port of Savannah

Mon, 06/12/2023 - 14:40
Georgia Ports Authority Executive Director Griff Lynch delivered an optimistic outlook for the Port of Savannah thanks to a convergence of domestic and international factors that are seen as likely...
Categories: Maritime News

Offshore Drilling Rates Approaching $500,000 Per Day Mark

Mon, 06/12/2023 - 14:09
The global offshore drilling market is continuing to experience a significant rebound with rig utilization now returning pre-pandemic levels, leading to a 40% increase in rates over the past year,...
Categories: Maritime News

Maersk Secures Green Methanol Supply for Maiden Voyage of First Dual-Fuel Containership

Mon, 06/12/2023 - 11:59
Danish shipping giant Maersk has secured the green methanol fuel for the maiden voyage of its first dual-fuel containership under construction in South Korea. Under an agreement, OCI Global (Euronext:...
Categories: Maritime News

UN Reaches Significant Milestone in FSO Safer Oil Transfer Operation

Mon, 06/12/2023 - 11:26
The operation to transfer over 1 million barrels of oil from the decaying FSO Safer in the Red Sea has reached a significant milestone after obtaining insurance coverage for the...
Categories: Maritime News

ABS Tackles Real-Time Issues In Container Shipping Landscape With Maritime Experts

Mon, 06/12/2023 - 11:03
ABS hosted an industry-leading containership summit in Germany to provide a holistic overview of the container shipping landscape, the current and developing regulatory framework, as well as strategic decisions in...
Categories: Maritime News

West Coast War of Words: PMA and ILWU Trade Blows in Labor Dispute

Mon, 06/12/2023 - 10:32
After more than a year of negotiations, a heated exchange has erupted between the Pacific Maritime Association and the International Longshore and Warehouse Union (ILWU), a sign that stalled negotiations...
Categories: Maritime News

Charting the Global Economy: Weak Trade Shows China Struggling

Mon, 06/12/2023 - 09:55
By Vince Golle and Molly Smith (Bloomberg) — Fresh trade data out of China added to evidence that the world’s second-largest economy is struggling for traction. In Germany, another decline in...
Categories: Maritime News

UN Secretary General Fears Russia Will Quit Black Sea Grain Deal

Mon, 06/12/2023 - 09:15
By Michelle Nichols UNITED NATIONS, June 12 (Reuters) – United Nations Secretary-General Antonio Guterres said on Monday he is concerned that Russia will on July 17 quit a deal allowing the safe wartime export...
Categories: Maritime News

More Than 900 Norway Oil Drilling Workers May Strike From June 29

Mon, 06/12/2023 - 09:06
OSLO, June 12 (Reuters) – Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations will go on a strike unless a wage deal is found by a June 29 deadline, the Industri Energi...
Categories: Maritime News

U.S. May Unload Oil From Seized Iranian Vessel Off Texas

Mon, 06/12/2023 - 09:02
(Bloomberg) — The US may soon start unloading oil from an Iranian tanker now anchored off the coast of Texas that was seized by the Department of Justice in April,...
Categories: Maritime News

Accelleron Re Imagines Turbocharging With Launch Of Next Generation X300-L Low Speed Series

Mon, 06/12/2023 - 04:24
Accelleron has unveiled the next generation of turbochargers for two-stroke engines, the X300-L series. The platform-based and easy-service concept complemented by Accelleron’s Turbo Insights digital technology sets a new benchmark...
Categories: Maritime News

High On The High Seas: What Mariners And Boaters Should Know About Marijuana Use

Mon, 06/12/2023 - 04:12
Mariners and recreational boaters must beware that while the landscape of marijuana laws has  changed in the U.S., the seascape has not.   The U.S. Coast Guard enforces federal law on...
Categories: Maritime News

Ukraine Warns of Toxic Black Sea ‘Garbage Dump’ From Dam Debris

Sun, 06/11/2023 - 19:25
By Daryna Krasnolutska (Bloomberg) –Floodwaters have started to recede four days after the destruction of Ukraine’s Kakhovka Dam, laying bare environmental destruction as well as the risk of catastrophic health problems...
Categories: Maritime News

Massive Fire On Egypt Tourist Boat Leaves At Least Three People Missing

Sun, 06/11/2023 - 19:00
CAIRO, June 11 (Reuters) – Three British tourists were missing and 12 had been rescued after a motor boat caught fire on Sunday off the Egyptian Red Sea coast, Egyptian officials and...
Categories: Maritime News

Russia Says It Repelled Ukrainian Attack On Black Sea Fleet Ship

Sun, 06/11/2023 - 12:40
(Bloomberg) –Russia’s Defense Ministry says it repelled an attack by Ukrainian speedboats on one of its Black Sea Naval vessels early on Sunday. The Vishnya-class intelligence ship “Priazovye” was attacked...
Categories: Maritime News

Russia Still Dissatisfied With Black Sea Grain Deal After UN Talks

Sun, 06/11/2023 - 10:27
MOSCOW (Reuters) – Russia is still not satisfied with how a Black Sea grain deal is being implemented, Deputy Foreign Minister Sergei Vershinin said on Saturday after meeting senior U.N. trade officials a day...
Categories: Maritime News

Port of Seattle Halts Operations Amidst ILWU-PMA Clash

Sat, 06/10/2023 - 19:36
June 10 (Reuters) – The Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet on Saturday that coordinated and disruptive work actions led by the International Longshore and Warehouse Union (ILWU) have shut...
Categories: Maritime News

Chinese Naval Training Ship Heads For Philippines In ‘Friendly’ Tour

Sat, 06/10/2023 - 09:46
BEIJING, June 9 (Reuters) – China’s largest naval training ship sailed for the Philippines on Friday, its last stop of a regional “friendly” tour, amid growing unease over Chinese maritime activities in the South...
Categories: Maritime News

Barbados Explores Oil Import Fees And Carbon Levies

Sat, 06/10/2023 - 09:17
By Akshat Rathi (Bloomberg) The biggest achievement at the annual United Nations climate summit last year was committing to create a fund that would compensate the poorest for destruction wrought by global warming. One of...
Categories: Maritime News

South Africa Gets Ready for Legal Fight Over Power Ships

Sun, 05/21/2023 - 11:07
By Adelaide Changole May 21, 2023 (Bloomberg) –South Africa is prepared for legal fights with environmental groups over the government’s plans to use ship-mounted power plants to resolve the nation’s blackout...
Categories: Maritime News