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By Milagro Vallecillos PANAMA CITY, March 8 (Reuters) – The amount of cargo passing through the Panama Canal is expected to shrink this fiscal year, the canal’s top authority said …
After experiencing one of the lowest levels of import cargo volume since the pandemic began, major container ports in the United States are expected to see a slow climb in …
By Leslie Kaufman (Bloomberg) — There are more than 170 trillion — or 2 million tons’ worth — of tiny plastic particles floating on the surface of the ocean, and …
By David French HOUSTON, March 8 (Reuters) – Offshore wind is a bad bet due to the complications of installing and maintaining infrastructure at sea and the high cost of …
Finnish technology group Wärtsilä announced its first order for carbon capture and storage-ready scrubber systems, marking a major milestone in its efforts to combat climate change. The order, which
Dry bulk shipping company Himalaya Shipping has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering on the New York Stock Exchange. Himalaya
By Reade Pickert (Bloomberg) — The US trade deficit grew to the widest in three months at the start of the year, reflecting a pickup in imports of merchandise. The …
An MSC containership lost more than three dozen empty containers overboard in heavy weather. The Bermuda Maritime Operations Centre said it was advised via email of the incident last Friday, …
Offshore drilling contractor Valaris will reactivate its ultra-deepwater drillship DS-8 for a three-year contract with Brazilian state-owned energy company Petrobras valued at approximately $500 milli
U.S. container imports in February continued to trend near pre-pandemic levels in 2019. Descartes Systems Group (Nasdaq: DSGX) reported today its import tally for February, revealing 1,734,272 TEUs i
This week, the United States Marine Corps Commandant made a bold and urgent call to prioritize logistics at sea in the Pacific theater. However, it’s concerning that the rest of …
By Julian Lee (Bloomberg) — Russia’s seaborne crude exports fell back sharply from the previous weeks’ highs, with Moscow unable to maintain record flows from the country’s Pacific ports. Overall …
WASHINGTON, March 7 (Reuters) – New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group – likely comprised of Ukrainians or Russians – attacked the Nord Stream gas pipelines …
Saildrone, a leading autonomous vessel company, has successfully completed a groundbreaking ocean survey mission in remote areas off California and Alaska’s Aleutian Islands, mapping over 45,000 squar
This week, the United States Marine Corps Commandant made a bold and urgent call to prioritize logistics at sea in the Pacific theater. However, it’s concerning that the rest of …
Some big news from Houston-based Tidewater, the world’s largest owner and operator of offshore support vessels (OSVs). The company announced it has reached an agreement to purchase 37 platform supply
By Marianna Parraga March 6 (Reuters) – Cheniere Energy expects to ship more liquefied natural gas (LNG) to Asia this year, after European customers took the lion’s share of its …
By Kevin Crowley (Bloomberg) — Guyana is planning another auction of prospective oil-field leases next year as the world’s fastest-growing economy seeks to maintain the pace of development, Vice Pres
U.S. container imports are staying in-line with pre-pandemic levels in 2019. Descartes Systems Group (Nasdaq: DSGX) reported today its import tally for February, revealing 1,734,272 TEUs imported in
Brazilian state-owned oil and gas company Petrobras has signed a letter of intent with Equinor, the Norwegian multinational energy company, to expand their cooperation in assessing the technical, econ
