Cruise industry rivals are teaming up in an effort to sail again.On Monday, Royal Caribbean Group and Norwegian Cruise Line Holdings Ltd announced a joint task force to help develop safety standards for restarting their businesses during the coronaviru...
Read more
New Bill Aims to Secure Grant Funding for Maritime Training
A new bill introduced in the U.S. aims to make available $200 million in grant funding for community and technical colleges offering training programs for maritime industry professions. The legislation H.R. 7456 was introduced by Congresswoman Sylvia R...
Read more
US Approves LNG Exports from Oregon
The U.S. Energy Department on Monday approved the export of up to 1 billion cubic feet per day of liquefied natural gas from a proposed terminal in Oregon, a move it said would ease U.S. sales of the fuel to Asian markets.The approval advances…
Read more
Dubai Launches Agency to Regulate Dhow Sector
The Ports, Customs and Free Zone Corporation (PCFC), in cooperation with Dubai Maritime City Authority (DMCA), have launched the Marine Agency to oversee wooden dhow ships and regulate all their activities while they’re in Dubai waters. The…
Read more
Partners Launch LNG Training in Singapore
GTT Training said Monday it has reached a training partnership agreement with Wavelink Maritime Institute (WMI) to facilitate the delivery of GTT Training’s liquefied natural gas (LNG) industry related courses at WMI’s training facility in Jurong…
Read more
Höegh Xiamen Declared ‘Total Loss’ After Jacksonville Fire
Höegh Xiamen car carrier has been declared "a constructive total loss" following a fire that broke out on the vessel in early June in Jacksonville, USA.The Höegh Xiamen car carrier is owned by Ocean Yield and is on a bareboat contract to Höegh Autoline...
Read more
Baltic Index Posts 7th Straight Weekly Gain
The Baltic Exchange's main sea freight index rose to register a seventh straight weekly gain on Friday, as demand gained steam across all vessel segments.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rate...
Read more
Fred. Olsen Windcarrier Picks Jack-Up for 1600t Huisman Crane
Offshore wind turbine installation company Fred. Olsen Windcarrier back in March said it had struck a deal to equip one of its jack-up installation vessels with a 1600t crane for next-gen offshore wind turbines. While the company at the time…
Read more
Djibouti Ramps Up Efforts to Get Sailors Stranded by COVID-19 off Ships
Djibouti has carried out the first crew change of merchant sailors in its territory and is ready to get home more seafarers who have been stranded by the coronavirus, a senior port official said.Lying on the Bab al-Mandab strait, which is one of the wo...
Read more
Marine Fuel Market Facing Tougher Q3 as Supply Rises
Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains weak, analysts and trade sources said.Third-quarter supply is estimated to rise by 620,000...
Read more