Merchant Shipping

Tanker With Russian Gas Still Set for Boston Despite Overnight U-Turn Mid-Atlantic

By Anna Shiryaevskaya and Mathew Carr (Bloomberg) — The liquefied natural gas tanker headed to the U.S. with a controversial cargo is due to resume …

Trinidad and Tobago

China: Oil slick from Iranian tanker triples in size

The spill from a sunken Iranian oil tanker off the Chinese coast is now about the size of Malta. But much of the environmental danger may be lurking …

World News

China disputes claims of inadequate rescue of sunken Iranian tanker

China on Sunday disputed claims about inadequate efforts to save the crew of sunken Iranian tanker Sanchi.<p>Rescuers spray foam to extinguish flames on …

News (China)

Editorial: Oil's Rout Is Over, Hail the Return of $100 Crude! Maybe

By Julian Lee (Bloomberg Gadfly) — After three years of gloom, the number 100 is finally starting to resurface in the forecasts of market analysts.<p>A …

The Most Expensive Cruise Ever – Cryptocurrency Geeks Lose Millions While Aboard Ship

By Blake Schmidt (Bloomberg) When 600 cryptocurrency enthusiasts set sail from Singapore on Monday night for their second annual Blockchain Cruise, …

Cryptocurrency

Weekly Indicators: Jump In Interest Rates Overshadows New Low In Jobless Claims Edition

<i>By New Deal Democrat</i><p>December data included housing permits, which rose slightly, and the more volatile starts, which declined sharply. Industrial …

Economy

Panama says sunken Iranian tanker had papers in order

PANAMA CITY (Reuters) - The Iranian tanker that sank after a collision in the East China Sea, causing the worst oil ship disaster in years, had its paperwork in order, according an initial review by maritime authorities in Panama, whose flag it was sailing under.<p>The large tanker Sanchi …

Panama City

Commodities Recap For The Week Of January 19, 2018

Precious metals edge lower, but platinum shines.<p>Industrial commodities slip, lumber head back toward the high.<p>Energy prices lower, but gasoline posts …

Business

Gibraltar Shipping: Interview with European Maritime Safety Agency Executive Director Markku Mylly

Interview by Paul González-Morgan (Gibraltar Shipping) – Interview by Markku Mylly is Executive Director at the European Maritime Safety Agency …

NASSCO Launches One Unsexy Ship

On Saturday General Dynamics NASSCO christened the Expeditionary Sea Base USNS Hershel “Woody” Williams, a most unsexy but important US Navy ship. …

Military

China Calls Deadly Tanker Collision 'Unprecedented'

A Chinese official says the explosion and sinking of an Iranian oil tanker in the East China Sea was without precedent, creating enormous …

China

Idle Containership Fleet Falls Below 100 as Demand for Tonnage Remains Tight

By Mike Wackett (The Loadstar) – The number of containerships in lay-up has dipped below 100, according to Alphaliner.<p>Its latest survey reveals …

Economy

WATCH: Aerial Drone Used to Save Two Swimmers’ Lives in Australia

Lifeguards in Australia are being credited with saving two swimmers’ lives using a relatively new life-saving drone in what is believed to be a …

Drones

Podcast: A Leader's Leader - How the Maritime Administrator Runs the U.S. Maritime Industry

In this episode, U.S. Maritime Administrator, Admiral Mark Buzby, sits down with Klaus Luhta to discuss the state of the American maritime industry …

South China Sea

Double tanker fire closes Utah interstate

SALT LAKE CITY, Utah (KUCW) – Interstate 15 is shut down Thursday night due to a gasoline tanker fire and explosion.<p>Utah Highway Patrol says a double …

Weather

Legact Marine Delivers INCAT CROWTHER Designed 18m Catamaran Dive Support Vessel

Incat Crowther is pleased to announce the delivery of Stapem Beluga, the first of two ABS-classed 18m Catamaran Dive Support Vessels built by Legacy …

Boats

WATCH: Fishermen Dive Overboard Before Being Run Over by Speedboat

Three fishermen are lucky to be alive after their boat was hit by another speedboat near the mouth of the Columbia River in Oregon last summer. Some …

Boating

Canada Suspends Huskey FPSO Operations Following Close-Call with Iceberg

<b>The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has suspended petroleum-related operations conducted by the SeaRose Floating,</b> …

Li Ka-shing

Rolls-Royce Considering Sale of Commercial Marine Business

Rolls-Royce announces that it is embarking on a further simplification of the business, which includes the potential sale of its commercial marine …

Luxury

Oil from sunken Iranian tanker diffuses into four slicks in East China Sea: authorities

Oil from an Iranian tanker that sank in the East China Sea has diffused into four separate slicks, covering a combined area of just over 100 square kilometres, Chinese authorities said late on Wednesday.<p>Earlier satellite imaging showed two large slicks, with the larger one also thicker and more …

East China Sea

China’s regional jets receive first order from Africa

Chengdu Airlines President Zha Guangyi gifts a model of the ARJ21 jet to Fidele Dimou, Minister of Transport, Civil Aviation and the Merchant Marine …

News (China)

On Fire for A Week, Iranian Tanker Sinks in South China Sea

MT Sanchi burning off the coast of China after a Jan. 6 collision. South Korean Coast Guard PhotoAfter burning for more than a week in the South …

South China Sea

Ban heavy fuel use in sensitive waters

If spilled, heavy fuel oil would remain for long periods and could spread widely if entrained in moving ice, writes Sue Libenson<p>The stricken tanker now sunk offshore of Shanghai should give pause to all with concern for the ocean, especially those who depend on sensitive, remote waters such as the …

Environment

Oil Spill Off the Coast of China Raises Concern About the Use of Fossil Fuel

An Iranian Cargo Ship Carrying 136,000 Tons of Oil has Sunk to the Ocean Floor Off the Coast of China<p>An Iranian cargo ship was recently hit by a Hong …

SXSW

Nations unite over threat of oil slicks in East China Sea

The history of marine oil spills shows that transparency and preparedness, including international coordination, are fundamental to combating the …

China

BRIEF-Great Eastern Shipping Contracts To Sell Supramax Dry Bulk Carrier 'Jag Rahul'

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

Trading

'There They Go Again': Why I Am Selling My Last Dry Bulk Positions

I wrote articles from mid-2016 through early 2017 recommending (among others) Star Bulk Debt (SBLKL) and Safe Bulker Preferred D Shares (SB-D) for …

Business

One Person Dies After Fire Engulfs Casino Shuttle Off Florida

<b>Update:</b> A 42-year-old woman passenger who was taken to the hospital in critical condition has died, according to local officials.<p>By Renita D. Young …

Florida

Turkey Reveals Route for New Canal to Ease Bosphorus Shipping

By Ali Kucukgocmen ISTANBUL, Jan 15 (Reuters) – Turkey announced on Monday the route for a planned canal that would reduce shipping traffic on the …

Turkey

Oil Propelled Past $70 for First Time in Three Years

By Robert Tuttle (Bloomberg) — Oil reached new highs in London as OPEC members called for output curbs to continue, allaying concerns that the recent …

Oil