Shipping News

Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.


Thursday, February 11, 2016
BG Group, Gas-Shipping Pioneer, Trades Final Time Before Merger
News

BG Group, Gas-Shipping Pioneer, Trades Final Time Before Merger

By Rakteem Katakey (Bloomberg) — BG Group Plc, pioneer of natural-gas shipping, will trade on stock exchanges for the last time on Friday, 19 years after

February 11, 2016
Total Views: 93

maersk drilling rig
News

Maersk Drilling Sees Rig Overcapacity Lasting for ‘Foreseeable Future’

OSLO, Feb 11 (Reuters) – As much as one third of the global offshore fleet of oil drilling rigs could be idled in 2016 as energy firms scale back

February 11, 2016
Total Views: 38

Wednesday, February 10, 2016
Coast Guard to Investigate Cruise Ship’s Wild Ride into Hurricane-Force Storm
Shipping News

Coast Guard to Investigate Cruise Ship’s Wild Ride into Hurricane-Force Storm

The U.S. Coast Guard says it will inspect the storm-damaged Royal Caribbean cruise ship Anthem of the Seas upon its scheduled return to New York Harbor

February 10, 2016
Total Views: 247

Offshore Wind Turbines At Sea
News

Dong Energy to Acquire Lease for Wind Project Off New Jersey Coast

By Joe Ryan (Bloomberg) — Dong Energy A/S, the world’s largest offshore-wind developer, agreed to acquire a lease for a site off the coast of New

February 10, 2016
Total Views: 31

Shipping Containers Stacked Tall
News

Container Shipping Lines Offer to Settle EU Pricing Probe

By Foo Yun Chee BRUSSELS, Feb 10 (Reuters) – Leading shipping container groups Maersk, MSC and 13 other firms have offered to change their pricing

February 10, 2016
Total Views: 90

Maersk’s $2.5 Billion Loss in Q4 2015 Worse Than Expected
News

Maersk’s $2.5 Billion Loss in Q4 2015 Worse Than Expected

By Ole Mikkelsen COPENHAGEN, Feb 10 (Reuters) – Denmark’s A.P. Moller-Maersk tumbled to a loss of $2.5 billion in the last three months of 2015

February 10, 2016
Total Views: 53

A GTT LNG containment tank.
Shipping News

GTT, DSME Pact to Advance LNG Membrane Technology

The world’s leading designer of membrane containment systems has linked up one of the world’s biggest shipbuilders to advance the commercial

February 10, 2016
Total Views: 163

Tuesday, February 9, 2016
containership at sea
Shipping News

Low Bunker Prices Offer Relief for Containership Operators, But Slow-Steaming Benefits Lost

By Mike Wackett (The Loadstar) – The jury is out as to whether the dramatic fall in oil prices in the past two years has produced a net benefit

February 9, 2016
Total Views: 189

Fake London Trader Jailed for 14 Years After Scamming Allseas Out of $113 Million
News

Fake London Trader Jailed for 14 Years After Scamming Allseas Out of $113 Million

By Suzi Ring (Bloomberg) — A conman posing as a millionaire London trader who defrauded a Dutch shipping company of 100 million euros ($113 million) was

February 9, 2016
Total Views: 158

Electronic Chart Display (ECDIS) aboard ship bridge
Interesting

U.S. Coast Guard Approves Use of Electronic Charts

The U.S. Coast Guard published guidance February 5th that allows mariners to use electronic charts and publications instead of paper charts, maps and

February 9, 2016
Total Views: 345

Ship Radar ECDIS Console
News

Europe Calls Time on Ship Navigation Scheme Despite Risks at Sea

By Jonathan Saul LONDON, Feb 9 (Reuters) – A British-led initiative to create a back-up to satellite navigation systems for ships has been pulled after

February 9, 2016
Total Views: 187

Monday, February 8, 2016
Indonesian Cargo Ship Banned from Australia for Second Time
News

Indonesian Cargo Ship Banned from Australia for Second Time

An Indonesian cargo ship has been banned from Australian waters for the second time in less than twelve months and following five detentions in just over 3

February 8, 2016
Total Views: 138

Nicaragua Sticks to $50 Billion Canal Plan as Setbacks Pile Up
News

Nicaragua Sticks to $50 Billion Canal Plan as Setbacks Pile Up

By Michael McDonald (Bloomberg) — Manuel Coronel Kautz isn’t a man who’s easily deterred. Good thing. Because as head of Nicaragua’s Canal

February 8, 2016
Total Views: 33

USS Milwaukee (LCS 5) during sea trials
News

U.S. Navy Urged to Slow LCS Deployments Until More Testing

By Tony Capaccio (Bloomberg) — Two top senators on defense issues say U.S. Navy leaders should consider delaying deployment of the new Littoral Combat

February 8, 2016
Total Views: 26

Crews Working to Refloat One of World’s Biggest Containerships Still Stuck in Germany
News

Crews Working to Refloat One of World’s Biggest Containerships Still Stuck in Germany

One of the world’s biggest containerships remains hard aground in Germany’s Elbe River just outside the shipping channel leading to the port of

February 8, 2016
Total Views: 83

Nigerian Navy Foils Hijack of Maersk-Linked Ship
News

Nigerian Navy Foils Hijack of Maersk-Linked Ship

By Tony Tamuno and Paul Wallace (Bloomberg) — Nigeria’s navy foiled an attempt by pirates to hijack a container ship operated by A.P. Moeller-Maersk

February 8, 2016
Total Views: 56

Edison Chouest’s New TopShip Shipyard to Create 1,000 Jobs
News

Edison Chouest’s New TopShip Shipyard to Create 1,000 Jobs

Mississippi Governor Phil Bryant and officials from Edison Chouest Offshore (ECO) announced Monday the company is locating shipbuilding operations at

February 8, 2016
Total Views: 233

diamond offshore drilling ocean blackhornet
News

GE Tackles Offshore Oil Spill Prevention in New BOP Pact

By David Wethe (Bloomberg) — Diamond Offshore Drilling Inc. is turning over care and handling of the massive rig safety devices designed to stop well

February 8, 2016
Total Views: 167

bow of a dry bulk carrier at anchor
News

Baltic Index Down Again on Muted Vessel Demand

Feb 8 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new

February 8, 2016
Total Views: 24

Sunday, February 7, 2016
Shipping Container Markings
Shipping News

Maersk Launches New Container Weighing Campaign

By Sam Whelan (The Loadstar) Maersk Line is preparing an awareness campaign to alert shippers to container weighing regulations that come

February 7, 2016
Total Views: 125