United States
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Regulatory
US FMC proposes new demurrage and detention billing requirements
The US Federal Maritime Commission (FMC) is proposing a new rule that seeks to bring more clarity, structure and punctuality…
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Finance and Insurance
Seadrill makes NYSE comeback
Offshore driller Seadrill has received approval to relist its common shares on the New York Stock Exchange. The company, which…
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Operations
Mississippi River gridlock improves but forecasts indicate likelihood of ongoing drought
Monday brought some relief to the Mississippi River gridlock that on the weekend saw more than 2,000 barges backed up. According…
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Tankers
International Seaways ships out 14-year-old MR
US owner International Seaways has sold its fourteen-year-old MR to undisclosed buyers amid rising tanker values. Clarksons reported the New…
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Dry Cargo
Mississippi River water level at near-historic low, threatening US grain and soybean exports
The Mississippi River, which flows through 10 American states on its way from Minnesota in the north to the Gulf…
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Asia
US targets North Korean fuel procurement network, imposes sanctions on involved parties
The US Department of the Treasury Office of Foreign Assets Control (OFAC) has added two individuals and three entities to…
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Operations
Searchlight Capital buys into Synergy
New York-based private equity firm Searchlight Capital Partners has bought into Singapore shipmanager Synergy Marine Group. Searchlight did not disclose…
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Environment
California, Oregon, Washington and British Columbia vow to tackle shipping’s carbon footprint
The governors of the American west coast states of California, Oregon, Washington along with the premier of British Columbia are…
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Renewables
BOEM environmental review gives wind leasing offshore California the green light
The US Bureau of Ocean Energy Management (BOEM) has completed its environmental review of potential impacts from offshore wind energy…
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Offshore
Seacor Marine offloads Mexican JV interests as it seals fresh refinancing
Houston-based OSV owner Seacor Marine Holdings has agreed a sale of its unconsolidated joint ventures in Mexico and a series…
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Renewables
Nexans wins contract for BP and Equinor US offshore wind project
French cabling firm Nexans has landed a significant contract for phase one of the Empire Wind project developed by a…
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Americas
Amplify Energy approved to repair San Pedro Bay pipeline after 2021 oil spill
Amplify Energy Corp. has received a permit from the US Army Corps of Engineers to proceed with repair plans that…
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Renewables
Crowley moves forward on Salem wind terminal with land closing
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s…
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Containers
Trees for teus: CMA CGM’s creative bid to get early container returns in the US
Trees for teus is French liner CMA CGM’s snappy new way to improve supply chain fluidity in a green fashion.…
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Ports and Logistics
Call to action moves thousands of containers from NY-NJ port
On August 1, the Port of New York and New Jersey (PANYNJ) announced a new container imbalance tariff to help tackle the…
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Ports and Logistics
Port of Long Beach reports increased GHG emissions in 2021
The Port of Long Beach issued its 2021 emissions inventory report this week, presenting both good and bad news on…
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Gas
Excelerate Energy presses ahead with FSRU newbuild in South Korea
Texas-headquartered Excelerate Energy is pressing ahead with a newbuild floating regasification and storage unit (FSRU) in South Korea, following a…
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Containers
APL presses ahead with lawsuit against Matson
CMA CGM subsidiary APL has been allowed by a federal judge in Washington DC to move ahead with an antitrust…
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Offshore
Valaris bags $95m in fresh drilling deals
Offshore driller Valaris has added $95m to its backlog through new contracts and contract extensions, awarded following its most recent…
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Offshore
Worker dies after Texas rig fall
A construction worker died after falling from an offshore platform on the Texas Gulf Coast near Corpus Christi. The Coast…
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