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Nearly 30% Of US Gulf Of Mexico Oil Output Offline After Storm September 14, 2024
HOUSTON, Sept 14 (Reuters) – Nearly 30% of U.S. Gulf of Mexico crude oil production and 41% of its natural gas production remained offline on Saturday following Hurricane Francine, the U.S. offshore energy regulator...
Reuters
Tugs Set to Tow Fire-Stricken SOUNION in Red Sea September 14, 2024
ATHENS, Sept 14 (Reuters) – The operation has started to tow a Greek-registered oil tanker stranded in the Red Sea after an attack by Houthi militants last month, a shipping source told Reuters on...
Reuters
China Condemns German Navy’s Transit Of Taiwan Strait September 14, 2024
BEIJING, Sept 14 (Reuters) – China’s military on Saturday condemned the transit of two German navy ships through the Taiwan Strait saying it increased security risks and sent the “wrong” signal, adding that Chinese forces monitored...
Reuters
China’s Seafarer Wages Soar as U.S. Mariners Struggle with Pay Stagflation September 14, 2024
by Captain John Konrad (gCaptain) For decades, American merchant mariners have been in a state of stagnation. Despite their crucial role in U.S. shipping and national security, wage growth and...
John Konrad
Could Cargo Ships Become Armed Battle Platforms with Anduril’s Barracuda-M Missiles? September 14, 2024
Picture this: a vast container ship, plowing through the open sea, its steel hull reflecting the soft shimmer of moonlight. It’s carrying cargo, bound for ports in distant lands, seemingly...
John Konrad
U.S. Navy Awards NASSCO $6.7 Billion Contract for John Lewis-Class Oilers September 13, 2024
General Dynamics NASSCO has secured a significant contract from the U.S. Navy for the construction of up to eight additional John Lewis-class fleet replenishment oilers. The deal, potentially worth over...
Mike Schuler
Panama Canal Unveils Strategies to Combat El Niño-Induced Drought September 13, 2024
The Panama Canal Authority has been implementing new economic and operational strategies to address water scarcity challenges posed by the 2023-2024 El Niño. At the 2025 Investors Forum, organized by...
Mike Schuler
Gulf of Mexico Oil Industry Reawakens After Francine Shut-Ins September 13, 2024
By Marianna Parraga and Georgina McCartney HOUSTON, Sept 13 (Reuters) – U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions as offshore oil and gas producers ramped up operations after halving the...
Mike Schuler
Russian Missile Strike on Civilian Ship in Black Sea Escalates Maritime Tensions September 13, 2024
A Russian-launched missile strike on a civilian bulk carrier in the Black Sea this week marks the first direct attack on a merchant vessel in the region since November 2023...
Mike Schuler
Container Spot Rates Continue to Tumble as Peak Season Comes to Early End September 13, 2024
By Gavin van Marle (The Loadstar) – Spot freight rates on every major container lane continued to tumble over the past week as demand remained flat, while a possible short-term pre-Golden...
The Loadstar