Tuesday, July 19, 2016
MSC Oscar
Shipping News

China’s Deserted Road Turns Sorry Substitute for High Seas

By David Fickling (Bloomberg Gadfly) — Think China’s plans to build railways across central Asia will be a boon for global trade? Consider this:

July 19, 2016
Total Views: 44

First LNG to Pass Through Expanded Panama Canal Will Be American
Shipping News

First LNG to Pass Through Expanded Panama Canal Will Be American

By Naureen S. Malik (Bloomberg) — The first cargo of liquefied natural gas set to pass through the newly expanded Panama Canal locks will be American.

July 19, 2016
Total Views: 38

BP Charters Foreign-Flagged Tanker to Transport North Slope Crude
Shipping News

BP Charters Foreign-Flagged Tanker to Transport North Slope Crude

HOUSTON, July 18 (Reuters) – British oil company BP Plc has chartered a foreign-flagged vessel to transport Alaskan crude, the company said on Monday,

July 19, 2016
Total Views: 29

Monday, July 18, 2016
Bosphorus
News

Med-Black Sea Tanker Rates Weaken After Failed Coup in Turkey

By Jonathan Saul LONDON, July 18 (Reuters) – The cost of shipping oil through the Black Sea and Mediterranean fell on Monday after a failed coup in

July 18, 2016
Total Views: 79

The Ocean GreatWhite semi-submersible drilling rig
Offshore

Hyundai Heavy Delivers World’s Largest Semi-Submersible Drilling Rig

South Korean shipbuilder Hyundai Heavy Industries says it has delivered the world’s largest semi-submersible drilling rig to Diamond Offshore. The rig,

July 18, 2016
Total Views: 222

Holland America Passenger Pays $600 for Upgrade and Gets This…
Shipping News

Holland America Passenger Pays $600 for Upgrade and Gets This…

A video showing an “upgraded” room on board a Holland America cruise ship has racked up nearly 2 million views since it was uploaded Sunday. The

July 18, 2016
Total Views: 45

Stolt-Nielsen Acquires Jo Tankers’ Chemical Fleet for $575 Million
Shipping News

Stolt-Nielsen Acquires Jo Tankers’ Chemical Fleet for $575 Million

Oslo-listed Stolt-Nielsen Limited (Oslo Børs: SNI) announced Monday an agreement to acquire the chemical tanker operations of Jo Tankers for approximately

July 18, 2016
Total Views: 162

Shipping Boom Worsens Air Pollution Over China, Killing Thousands, Study Says
Shipping News

Shipping Boom Worsens Air Pollution Over China, Killing Thousands, Study Says

By Alister Doyle OSLO, July 18 (Reuters) – A boom in shipping is aggravating air pollution in China and other nations in East Asia, causing thousands of

July 18, 2016
Total Views: 15

SBM Offshore Reaches Leniency Deal in Brazil
News

SBM Offshore Reaches Leniency Deal in Brazil

By Elco van Groningen (Bloomberg) — SBM Offshore NV, a Dutch oil-services provider, rose the most in nine months in Amsterdam trading after reaching a

July 18, 2016
Total Views: 53

DSME Shipyard South Korea
News

DSME Former Chief Financial Officer Indicted for Inflating Earnings

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. said South Korean prosecutors indicted a former chief financial officer

July 18, 2016
Total Views: 32

In Brazil, Another Shipyard Goes Bust as Work Goes to Asia
News

In Brazil, Another Shipyard Goes Bust as Work Goes to Asia

By Sabrina Valle (Bloomberg) — If there’s one industry where all of Brazil’s political and economic upheavals come together, it’s shipbuilding. A

July 18, 2016
Total Views: 129

hapag-lloyd
News

Hapag-Lloyd Drops as Forecast Cut Overshadows UASC Merger Plan

By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG fell the most since its initial public offering in November as a forecast of lower profit and a

July 18, 2016
Total Views: 66

Shipping Oversupply to Persist Despite Big Scrapping Plans, Drewry Says
News

Shipping Oversupply to Persist Despite Big Scrapping Plans, Drewry Says

COPENHAGEN, July 18 (Reuters) – A record number of around 150 container vessels are expected to be scrapped in 2016 but it will not be enough for an

July 18, 2016
Total Views: 70

bahri vlcc tanker
News

Bahri Plans Biggest Tanker Fleet with 46 VLCCs

By Wael Mahdi (Bloomberg) — A venture between Arab Petroleum Investment Corp., known as Apicorp, and National Shipping Co. of Saudi Arabia will create

July 18, 2016
Total Views: 180

Sunday, July 17, 2016
China Shrugs Off Court Decision – Is International Law A Joke?
Shipping News

China Shrugs Off Court Decision – Is International Law A Joke?

by Noah Feldman (Bloomberg) An international court rules that China broke the law by building islands in the South China Sea. China doesn’t

July 17, 2016
Total Views: 185

Globalization Trade Map
News

Brexit Won’t Stop Globalization (or shipping)

by Michael Schuman (Bloomberg) Globalization—that irresistible force that is inevitably, inexorably fueled by large ships—looks to be in retreat.

July 17, 2016
Total Views: 73

News

Oil Flows Through Turkish Straits Unhindered

by Firat Kayakiran and Rakteem Katakey (Bloomberg) Oil is flowing unhindered through Turkey’s pipelines and waterways, one of the world’s largest energy

July 17, 2016
Total Views: 45

Saturday, July 16, 2016
China General Nuclear Ship
News

China’s Plans To Float Nuclear Reactors In Disputed Waters

by Kathy Chen and David Stanway (Reuters) China aims to launch a series of offshore nuclear power platforms to promote development in the South China Sea,

July 16, 2016
Total Views: 77

bulk carrier bosphorus shutterstock
News

Bosphorus Strait Reopened After Coup Attempt

By Ayla Jean Yackley (Reuters) ISTANBUL, July 16 Turkish maritime authorities have reopened Istanbul’s Bosphorus Strait to transiting tankers after

July 16, 2016
Total Views: 61

Britain Reaffirms Commitment To Gibraltar Post Brexit
News

Britain Reaffirms Commitment To Gibraltar Post Brexit

by Stephen Addison (Reuters) Foreign Secretary Boris Johnson reaffirmed Britain’s commitment to Gibraltar on Saturday and said it would fully involve the

July 16, 2016
Total Views: 48