Maritime Industry Top News
Beaumont Port Still Restricted after Harvey
While crude deliveries by larger ships to Beaumont in Texas remain restricted after Hurricane Harvey, a workaround using pipelines can supply Exxon Mobil's refinery there, shipping sources said.
CMA CGM Confirms Order for Nine Mega Ships
CMA CGM, the world's third-largest container shipping firm, said it expected operating profits to improve further in the second half as the market continues to recover, and confirmed an order for nine giant vessels. The announcements by French-based CMA CGM underlined a recovery in the industry this year after a prolonged downturn that sparked a series of consolidation deals. In a second-quarter results statement on Friday…
Oil/Chemical Spills from Harvey Are Big, but Dwarfed by Katrina
More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of…
US-flag Shipping on Great Lakes Up 7%in August
The Lake Carriers’ Association (LCA) said U.S.-flag Great Lakes freighters (lakers) moved 10.1 million tons of cargo in August, an increase of 7 percent compared to a year ago.
Brightoil Launches Online Bunker Trading Platform
International bunker trader and supplier Brightoil has launched a new suite of online tools that aims to transform the way bunker fuel is traded globally. Brightoil Bunker Online E-Delivery platform is now live and includes a Forward Fixed Price (FFP) facility making the process of buying bunkers anywhere in the world faster, easier and more transparent. The new facility enables customers to lock-in bunker cost for up to nine months forward thereby reducing exposure to major price swings.
Mississippi River Deepening Project Gains Support
The National Association of State Departments of Agriculture (NASDA) hosted its Annual Meeting in New Orleans, where NASDA President and Commissioner of Louisiana’s Department of Agriculture and Forestry, Dr. Michael Strain championed a motion supporting the deepening of the Mississippi River Ship Channel to 50 feet. Earlier in the week, Dr. Strain led the effort to gain the support of the Southern Association of State Departments of Agriculture (SASDA) on the same motion.
Fairbanks Morse to Launch Engine at Power-Gen 2017
Fairbanks Morse Engine announced it will launch a next generation engine, the Trident OP, at the Power-Gen International Conference in Las Vegas, December 5. According to the manufacturer…
PacRim Nations Crack Down on N.Korean Ships
South Pacific island nations are scouring shipping records for vessels with links to North Korea after Fiji said it had identified 20 falsely flagged ships it suspects…
Innovation Comes from Diversity -Lloyd’s Register
Lloyd’s Register (LR) has issued a global call for partners active in the area of innovative digital technologies related to the safety and performance of marine vessels.
Hong Kong Looks to Ride Out Boxship Turmoil
Hong Kong's port expects a slight rise in container shipping volumes this year despite continuing global turmoil in the sector. The global container industry, which…
Phillips 66 Charters Foreign Tanker for Domestic Voyage
Phillips 66 has chartered a Marshall Islands-flagged vessel, making use of a temporary waiver of the Jones Act that was put in place to meet fuel shortages in the wake of hurricanes Harvey and Irma…
T. Parker Host Snaps up CWT Talent
Virginia-based stevedoring and shipping terminal operator T. Parker Host on Friday said it had hired all the staff from CWT Commodities' U.S. team as part of its…
Oil, Chemical Spills from Harvey Adding Up
More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of…
Toyota Backs Japanese $1.8 Bln LNG Vessel Order
Japanese car manufacturer Toyota Motor Corporation is turning to LNG-powered ships to transport its cars across the globe, according to a report from Japanese daily Nikkei.
WFW Advises Berenberg on Shipping Loan
International law firm Watson Farley & Williams (WFW) has advised private bank Berenberg on its acquisition, jointly with a Japanese financial institution, of a…
Wood Group Wins Subsea Contract Supporting CNOOC
UK-based energy services company Wood Group has been awarded a new contract by the China National Offshore Oil Corporation (CNOOC) to support the Lingshui 17-2 gas…
PD Ports Warns UK Against 'Brexit Blinkers'
In the week that global maritime leaders gave the UK a vote of confidence, naming it one of the world’s leading maritime centres, PD Ports is urging UK businesses…
Seanergy Maritime Updates on Fleet
Seanergy Maritime Holdings said that it took delivery of the 2012 Korean built Capesize M/V Partnership, which commenced its 12-18 months' time charter with a…
Amsterdam Port Partners with HISWA Holland Yachting Group
Port of Amsterdam officially joined the HISWA Holland Yachting Group as a partner on, presenting itself as a new partner to the members during the annual HISWA summer event.
Blue Denmark Maintains Strong Position
Accounting for almost one-fourth of total Danish exports, Blue Denmark is Denmark's most important export sector. A total of almost 100,000 persons are employed in Blue Denmark.