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

17 hours agoVehicles / Watercraft : gCaptain

By Julian Lee (Bloomberg Gadfly) — After three years of gloom, the number 100 is finally starting to resurface in the forecasts of market analysts. A slump in new production outside the U.S. shale patch in 2019 could help to send Brent...Show More Summary

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

17 hours agoVehicles / Watercraft : gCaptain

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 its journey after making a U-turn in the middle of the Atlantic Ocean last night. The...Show More Summary

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, the price of Bitcoin was hovering comfortably above $13,500. By the time their 1,020-foot-long...Show More Summary

China Accuses U.S. Warship of Violating Its Sovereignty

SHANGHAI, Jan 20 (Reuters) – A U.S. Navy destroyer sailed near a disputed territory claimed by China in the South China Sea earlier in the week, U.S. officials said on Saturday, as China’s foreign ministry said it would take “necessary measures” to ensure protection of its sovereignty. Show More Summary

Pursuit DC 365 Review

Dual console boats are incredibly popular due to their versatility, and one of the largest to hit the market lately is the Pursuit DC 365. Yes, there is a down-side in trying to create a multi-purpose platform, in that boats designed to handle everything from entertaining a crowd to trolling for tuna tend to less than […]

17-Meter Significant Wave Heights Forecast for NW Pacific Ship Lanes

A rapidly developing storm low is forecast off the coast of Japan January 22nd-23rd with storm to hurricane-force winds and significant wave heights to 17 meters, or about 56 Feet. This will be a dangerous storm affecting ships arriving...Show More Summary

France Says No to ‘Far-Fetched’ English Channel Bridge Idea

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Port of Southampton to Lose Call by Maersk/MSC Asia-Europe Service

By Gavin van Marle (The Loadstar) – The 2M alliance of Maersk and MSC is to leave the UK port of Southampton. It has announced it will drop the call at the country’s second largest container gateway by the Asia-Europe AE1/Shogun service the carriers jointly operate. Show More Summary

Unified Command Continuing Response to Barge Breakaways on Ohio River

A unified command consisting of the Coast Guard, United States Army Corps of Engineers and industry partners is continuing its response to dozens of barge breakaways on the Ohio River near Pittsburgh, Pennsylvania, and Moundsville, West...Show More Summary

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 (EMSA), responsible for providing technical and scientific assistance to the European Commission...Show More Summary

Stricken Destroyer USS Fitzgerald Arrives in U.S. for Repairs

The Arleigh Burke-class guided missile destroyer USS Fitzgerald arrived into Pascagoula, Mississippi on Friday where it will undergo repairs following its collision with a containership off the coast of Japan last June. The vessel arrived...Show More Summary

Contrary to Official Statements, Florida Offshore Drilling Still ‘On the Table’

By Jennifer A. Dlouhy (Bloomberg) — Despite Interior Secretary Ryan Zinke’s Jan. 9 declaration that Florida is “off the table” for offshore oil drilling, that activity is actually still on the table. The acting director of the Bureau...Show More Summary

Baltic Index Falls, Capesizes Post Biggest Weekly Drop in 2 Years

Jan 19 (Reuters) – The Baltic Exchange’s main sea freight index fell on Friday and continued to linger around five month lows as the capesize segment recorded its biggest weekly percentage decline in two years. The overall index, which...Show More Summary

Family of El Faro Crew Member Delivers More Than 30,000 Pounds of Relief Goods to Puerto Rico

Family members of an El Faro’s crew member who lost his life when the American cargo ship tragically sank in 2015 are being recognized for their effort to assist Puerto Ricans impacted by Hurricane Maria. In November 2017, Deb and Robin...Show More Summary

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 first-of-its-kind rescue. The rescue in question took place on January 18, 2018, after lifeguards in New South Wales spotted two swimmers caught out in a rip current. Show More Summary

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. Its latest survey reveals strong demand and tightening availability of tonnage which is putting the brakes on vessel scrapping. Show More Summary

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 and where it is going. Admiral Buzz, as he is affectionately called, has prepared all his life for this job. Show More Summary

Hapag-Lloyd Sees Shipping Demand Up, More Mergers in 2018

HAMBURG, Jan 18 (Reuters) – German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018 and expects more shipping firms to merge in the year, the chief executive said. CEO Chief Executive Rolf Habben JansenShow More Summary

Trump’s Offshore Drilling Plan Could Struggle to Lure Big Oil from Other Markets

By Jennifer A. Dlouhy (Bloomberg) — The world’s hottest offshore prospect for oil companies is off the coast of Guyana, where a string of major discoveries has drawn hundreds of millions of dollars in a quest for crude. The Trump administration is hoping to lure some of that investment to the U.S. Show More Summary

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.  The ship’s namesake, Hershel “Woody” Williams, a Marine who received the Medal of Honor for his actions in the Battle of Iwo Jima during World War II, spoke at the ceremony. Show More Summary

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