Thursday, December 17, 2015
Interesting

Freighter Sinks in Singapore Strait After Collision with Tanker, Six Missing – AIS VIDEO

By Roslan Khasawneh and Keith Wallis SINGAPORE, Dec 17 (Reuters) – Six crew members are still missing after a general cargo freighter sank in the

December 17, 2015
Total Views: 335

News

Brazil Charges 12 in SBM Offshore Bribery Scheme

RIO DE JANEIRO, Dec 17 (Reuters) – Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the

December 17, 2015
Total Views: 51

Wednesday, December 16, 2015
Interesting

Castaway Who Survived 15 Months At Sea Accused of Eating Friend

The remarkable story of Mexican castaway Salvador Alvarenga has taken grim turn as the family of the boy who accompanied him on his ill fated fishing trip

December 16, 2015
Total Views: 372

News

New Rolls-Royce CEO Picks Top Management Amid Profit Warnings

By Andrea Rothman and Benjamin Katz (Bloomberg) — Rolls-Royce Holdings Plc Chief Executive Officer Warren East culled senior managers including the heads

December 16, 2015
Total Views: 50

News

Maersk ‘Disappointed’ in Shipping’s Exclusion from Paris Climate Deal

Maersk Group, owner of the world’s largest fleet containerships, says it is “disappointed’ that the landmark Paris agreement on climate

December 16, 2015
Total Views: 98

Shipping News

Lifting U.S. Crude Export Ban Offers Important Extra Degree of Freedom

By John Kemp LONDON, Dec 16 (Reuters) – Congressional leaders have reached a deal to lift the 40-year-old ban on exporting U.S. crude in a symbolically

December 16, 2015
Total Views: 25

Accidents

Sunken Towboat Restricting Traffic on Mississippi River Near Memphis

A section of the Mississippi River is restricted to one-way vessel traffic near Memphis as the Coast Guard and response crews work to salvage a towboat

December 16, 2015
Total Views: 99

News

UASC Containership Loads a Record 18,601 TEUs

United Arab Shipping Company says its M.V. Al Muraykh, one of the world’s greenest containerships, has loaded a world record 18,601 TEUs. UASC says the

December 16, 2015
Total Views: 86

News

Prelude FLNG: World’s Largest Floating Object Nearing Completion – VIDEO

The 600,000 tonnes Prelude FLNG facility, the largest offshore facility ever constructed, is nearing completion at the Samsung Heavy Industries (SHI) shipyard

December 16, 2015
Total Views: 365

News

Shell Seeks to Preserve U.S. Drilling Rights in Arctic Ocean

By Jennifer A. Dlouhy (Bloomberg) — Royal Dutch Shell Plc is fighting to preserve U.S. drilling rights in Arctic waters three months after halting

December 16, 2015
Total Views: 23

News

U.S. Poised to Lift 40-Year-Old Crude Oil Export Ban

By Brian Wingfield and Jennifer A. Dlouhy (Bloomberg) — The U.S. is poised to reverse an energy policy that has helped define its relations with the

December 16, 2015
Total Views: 74

Tuesday, December 15, 2015
Interesting

Baltic Dry Index Plummets to New All-Time Low – 471 Points!

Update: The Baltic Dry Index slid further Wednesday, closing at 471 points – its new all-time low. By Manisha Jha (Bloomberg) — The shipping

December 15, 2015
Total Views: 53

Shipping News

Russia Found Supplying Syria Mission with Old Turkish ships

By Jonathan Saul and Maria Tsvetkova LONDON/MOSCOW, Dec 15 (Reuters) – Earlier this year, an old refrigerator ship called the Georgiy Agafonov, built to

December 15, 2015
Total Views: 53

News

Return to Sender: Diesel Tankers Make Mid-Atlantic U-Turn as European Stocks Swell

By Ron Bousso and Libby George LONDON, Dec 15 (Reuters) – Tankers laden with diesel heading from the U.S. Gulf Coast to Europe are turning around in

December 15, 2015
Total Views: 146

News

AstraZeneca – Drug Shipments Shift From Air To Ocean

By Martin Roebuck (TheLoadstar) AstraZeneca has said it will be using ocean freight for 70% of its international shipments within the next 12-18 months. Julian

December 15, 2015
Total Views: 160

Navy

US Fleet Commander Warns Of Arms Race With China

BY TIM KELLY (Reuters) In a recent video U.S. Pacific Fleet Commander warns of a possible arms race in the disputed South China Sea which could

December 15, 2015
Total Views: 58

News

NOL/APL… a missed opportunity for Maersk?

By Alessandro Pasetti (TheLoadstar) This month, Singapore container shipping line Neptune Orient Lines finally agreed to be acquired by France’s CMA CGM in a

December 15, 2015
Total Views: 46

Monday, December 14, 2015
Shipping News

Merger with COSCO Would Mean Container Shipping Exit for CSCL

By Gavin van Marle (The Loadstar) — Cosco and China Shipping have released details of their forthcoming merger, which is likely to see the latter quit

December 14, 2015
Total Views: 95

News

With Historic Paris Climate Agreement Adopted, Ship Emissions Fall in IMO’S Court

With no explicit reference to shipping in the historic climate deal unanimously adopted by almost 200 nations in Paris this weekend, it is now up to the

December 14, 2015
Total Views: 69

News

U.S. Navy’s New LCS Towed to Port After Breaking Down Off Virginia

The U.S. Navy’s newest littoral combat ship had to be towed into port last week after losing propulsion off the coast of Virginia.   A

December 14, 2015
Total Views: 246