06 JUN 2019 Washington’s escalating trade war with Beijing hasn’t choked off the flow of American oil to China. At least six million barrels of U.S. crude set off for Chinese refineries in May, according to ship tracking data compiled by Bloomberg. In June, American shipments to the Asian nation …
Read More »CHINA LAUNCHES SPACE ROCKET FROM SHIP AT SEA
A Long March-11 rocket takes off from an offshore platform in the Yellow Sea off Shandong province, China June 5, 2019. 05 JUN 2019 China successfully launched a rocket from a ship at sea for the first time on Wednesday, state media reported, the latest step forward in its ambitious …
Read More »SHIPPING LOSSES FALLING BUT NUMBER OF INCIDENTS STEADY -STUDY
Graphic courtesy Allianz Global Corporate & Specialty SE 04 JUN 2019 Large shipping losses in 2018 fell to their lowest level this century, having declined by over 50% year-over-year, according to Allianz Global Corporate & Specialty SE’s annual review of shipping losses over 100 gross tons. Allianz’s Safety & Shipping Review 2019, …
Read More »RECORD NUMBER OF SUPERTANKERS LOADING AT LOUISIANA OFFSHORE OIL PORT
03 JUN 2019 Medium-sour crudes from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for a record six supertankers to load at the Louisiana Offshore Oil Port (LOOP) in a matter of weeks, according to people familiar with the matter. The six scheduled loadings …
Read More »BLOCKCHAIN IS ABOUT TO REVOLUTIONIZE THE SHIPPING INDUSTRY
26 MAY 2019 Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback to 19th century trade is about to …
Read More »RUSSIAN CAPTAIN ACQUITTED OF MARPOL VIOLATIONS IN U.S.
M/T Ridgebury Alexandra Z. 31 MAY 2019 A jury in the Western District of Louisiana has acquitted the Russian Master of an oil tanker on all charges related to illegal discharges from the vessel. After spending more than 19 months detained in Lake Charles, Louisiana, Captain Vjaceslavs Birzakovs, Master of …
Read More »SHIPPING GIANTS JOIN MAERSK’S BLOCKCHAIN PLATFORM
28 MAY 2019 Mediterranean Shipping Co (MSC) and CMA CGM, two of the world’s biggest container shipping groups, are to join market leader Maersk in a blockchain platform aimed at limiting a costly paper trail in the industry. With MSC and French-based CMA CGM, the second- and fourth-largest container shipping …
Read More »U.S. BLAMES IRAN’S REVOLUTIONARY GUARDS FOR TANKER ATTACKS
UAE Navy boats next to Al Marzoqah Saudi Arabia tanker are seen off the Port of Fujairah, UAE May ,13, 2019. 24 MAY 2019 The United States announced on Friday the deployment of 1,500 troops to the Middle East, describing it as an effort to bolster defenses against Iran as …
Read More »HEEREMA UNVEILS WORLD’S LARGEST OFFSHORE CRANE VESSEL IN SINGAPORE
Heerema Marine Contractors’ Sleipnir, the world’s largest semi-submersible crane vessel, sits in the Sembcorp Marine shipyard in Singapore, May 23, 2019. SINGAPORE, May 23 (Reuters) – 23 MAY 2019 Dutch firm Heerema Marine Contractors and Singapore’s Sembcorp Marine, on Thursday, showed off the world’s largest crane vessel that can be …
Read More »IS ENGLISH THE TRUE INTERNATIONAL LANGUAGE OF THE SEA?
22 MAY 2019 In 1988 the IMO made “Seaspeak” the international language of the sea. English is the principle language base of Seaspeak because it was the most common language spoken at sea in 1988. English is also the international language in civil aviation. There are numerous factors that led …
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