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 20, 2014
Consortium Resumes Work On Panama Canal Expansion -UPDATE
Shipping News

Consortium Resumes Work On Panama Canal Expansion -UPDATE

A deal to resume work on the multibillion-dollar Panama Canal appeared in doubt on Thursday, just hours after an apparent breakthrough, in the latest twist in

February 20, 2014
Total Views: 29

Mystery Cloaks Maersk Alabama Deaths -UPDATE
News

Mystery Cloaks Maersk Alabama Deaths -UPDATE

A number of questions surround the mysterious deaths of two American security officers onboard the U.S.-flagged Maersk Alabama while berthed in Seychelles on

February 20, 2014
Total Views: 86

bulk carrier ship shipping
News

Dry Bulk Shipowners Face Mixed Fortunes In Pacific, Atlantic

Rates for capesize bulk carriers on key Asian routes are set for mixed fortunes next week, with buoyancy on the Australia to China trade counterbalanced by a

February 20, 2014
Total Views: 73

neptune orient lines nol
News

Losses Narrow at Neptune Orient Lines

Singapore-based container shipper Neptune Orient Lines (NOL Group) reported negative net profits for their third consecutive year today with losses of US$76

February 20, 2014
Total Views: 48

Wednesday, February 19, 2014
Panama Canal Work to Restart Thursday
News

Panama Canal Work to Restart Thursday

The Panama Canal Authority said that it has reached a deal with the construction consortium that would allow for work to resume on the third set of locks in

February 19, 2014
Total Views: 53

Private Security Contractors Found Dead Aboard Maersk Alabama
News

Private Security Contractors Found Dead Aboard Maersk Alabama

Trident Group President Tom Rothrauff confirmed today in a phone call that two of his contractors have died on board one of his client's

February 19, 2014
Total Views: 283

svendborg maersk containership
Interesting

Maersk Ship Loses 520 Containers in Storm

The containership Svendborg Maersk faced particularly nasty weather last week as she sailed through the Bay of Biscay on her way to Colombo, Sri Lanka

February 19, 2014
Total Views: 425

Tuesday, February 18, 2014
Deadline Looms in Panama Canal Expansion Dispute
Shipping News

Deadline Looms in Panama Canal Expansion Dispute

The Panama Canal and a Spanish-led construction consortium expanding the major global waterway discussed options on Tuesday to keep the multibillion-dollar

February 18, 2014
Total Views: 45

Apollo-Rickmers JV Buys Six Used Containerships
Shipping News

Apollo-Rickmers JV Buys Six Used Containerships

A joint venture between Hamburg-based Rickmers Group and the private equity firm Apollo has purchased six used vessels from container shipper Hamburg Süd for

February 18, 2014
Total Views: 48

TOTE Secures Wärtsilä Technology For Orca LNG Conversions
News

TOTE Secures Wärtsilä Technology For Orca LNG Conversions

Jones Act-shipper Totem Ocean Trailer Express (TOTE) has selected Finnish engine manufacturer Wärtsilä to provide the LNG propulsion package for the

February 18, 2014
Total Views: 136

Billions Will be Saved via a Digitally-Connected Maritime Industry
News

Billions Will be Saved via a Digitally-Connected Maritime Industry

“Ship to shore connectivity has not kept pace with the unprecedented data access available ashore after the internet revolution, but things are changing

February 18, 2014
Total Views: 32

yangtze pearl vlcc
News

China’s Nanjing Tanker Poised To Delist, Underscoring Corporate Woes

  By Matthew Miller and Fang Yan BEIJING, Feb 18 (Reuters) – CSC Nanjing Tanker Corp is poised to become the first company backed by China’s

February 18, 2014
Total Views: 86

Exxonmobil fuel laboratory chemistry test tube
Engineering News

ExxonMobil’s “Top Tips” for Purchasing Marine Bunkers

Considering the huge commercial impact marine bunkers have on ship owners and operators, ExxonMobil has put together the following list of

February 18, 2014
Total Views: 56

irving shipbuilding
News

Irving Shipbuilding Sues Davie

Halifax, Canada-based Irving Shipbuilding Inc. has added Davie Shipyard, the largest shipyard in Canada, to its lawsuit over the alleged mishandling of

February 18, 2014
Total Views: 77

cargo ship shipping container maritime
Finance

Private-Equity Funds Bet $5 Billion on Shipping Rebound

Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising

February 18, 2014
Total Views: 1250

Manus Island processing centre
News

Asylum Seekers Riot at Australian Detention Camp, One Killed

An asylum seeker was killed and at least 77 injured in the second riot this week at a detention centre in Papua New Guinea used to process asylum seekers,

February 18, 2014
Total Views: 18

Monday, February 17, 2014
Vale Sees China Clearing Giant Ore Ships In Time
Shipping News

Vale Sees China Clearing Giant Ore Ships In Time

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

February 17, 2014
Total Views: 34

vale brasil vloc bulk carrier valemax
News

Vale Sees China Clearing Giant Ore Ships, Eventually

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

February 17, 2014
Total Views: 128

Maersk Containership Wreaks Havoc in Bremerhaven
Incidents

Maersk Containership Wreaks Havoc in Bremerhaven

The captain of the 8,700 teu containership Maersk Laberinto is likely feeling a bit humble today after a gust of wind allegedly caused his ship to lose

February 17, 2014
Total Views: 83

maritime maisie
Interesting

Maritime Maisie Chemical Tanker In Danger of Breaking Up

Classification society Lloyd's Register has warned that the fire-scorched chemical tanker Maritime Maisie is in danger of breaking up more than 50 days after a

February 17, 2014
Total Views: 501