Maritime Vessels Directory

As the novel coronavirus and its impacts continue to spread across America, U.S. shipbuilders, by and large, continue to build. While most yards have been deemed essential to marine transportation and/or national security and have been able to maintain operations, the situation at and around every shipyard is different, and there are several builders across the country that have had to temporarily suspend activity. In either scenario, it’s far from business as usual for America’s shipbuilders who will be forced to navigate new waters in the months ahead.Full disclosure: the information in this report is subject to change as situations rapidly develop.

Trump Urges Florida to Welcome Coronavirus-hit Cruise Ship

4 hours ago

U.S. President Donald Trump on Tuesday urged Florida officials to open an Atlantic Coast port to a Dutch cruise ship stuck at sea with a deadly coronavirus outbreak onboard, urging the governor to drop his opposition.Weighing in on the fate of Holland America Line’s MS Zaandam during a White House briefing, Trump said he would call Florida Governor Ron DeSantis, who has declared the vessel unwelcome to prevent its sick passengers from being “dumped” on his state.“They’re dying on the ship,” Trump said, adding, “I’m going to do what’s right, not only for us but for humanity.

Greece to Sell Majority Stakes in Four Ports

21 hours ago

Greece plans to sell majority stakes in four ports as part of a privatization plan agreed with its lenders after the country exited the bailouts in 2018, a document of its privatization agency (HRADF) showed on Tuesday.HRADF will sell majority stakes in the share capital of Alexandroupolis, Igoumenitsa, Heraklion and Volos ports, the agency said in an invitation to hire financial advisers for the sales released on this website.China's COSCO has bought a 51% stake in Piraeus Port, the country's biggest, in 2016. A German-led consortium also acquired a 67% share in Thessaloniki Port in 2018.Greece aims to raise 2.

Environmental DNA Emerging in the Ocean Science Community

yesterday

There is a new buzzword in the ocean science/sensing community. The word is eDNA, an abbreviation for environmental DNA. This refers to DNA that can be extracted from environmental samples without first isolating any target organisms. In the maritime community such samples are taken from water. All living organisms leave traces of DNA in their environments which is an indicator of their presence over time. This DNA is released into the environment through the biological process of living animals or by the decomposition of dead organisms. eDNA is a complex mixture of traces that enables the detection of a species regardless of its life stage or gender.

Oil Economics: Freight Rate Surge Cuts into Trader's Profits

yesterday

A jump in freight rates has shaved profits for oil traders seeking to store crude for sale towards the end of the year, even as the contango in the first six months for Brent futures stretched to its widest ever, trade sources said.While a sharp rebound in spot crude differentials could lift traders' profits, a broadening slump in global demand is stretching out the time that markets will need to digest bulging inventories and spark a price recovery, traders said.Unlike in previous contango plays -- where low oil prices eventually prompted major producers to tighten supplies

Maritime Reporter and Engineering News (March 2020)

Cruise Shipping Annual