News

The latest maritime and offshore news.


Monday, October 31, 2016
port of los angeles
Shipping News

Wrap-Up: Japanese Shipping Lines in Mega-Merger to Survive Industry Slump

By Tim Kelly TOKYO, Oct 31 (Reuters) – Japan’s top three shippers said they will integrate their container shipping operations to create the

October 31, 2016
Total Views: 55

U.S. Probes SpaceX Launches Near LNG Export Projects
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U.S. Probes SpaceX Launches Near LNG Export Projects

By Jonathan N. Crawford (Bloomberg) — A U.S. agency is looking into the impact that a failed rocket launch at billionaire Elon Musk’s SpaceX site in

October 31, 2016
Total Views: 39

‘Major’ Oil Storage Terminal Coming to Adriatic
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‘Major’ Oil Storage Terminal Coming to Adriatic

By Libby George LONDON, Oct 31 (Reuters) – Global oil storage company VTTI launched a new terminal in Croatia on Monday to target oil product demand in

October 31, 2016
Total Views: 200

International Chamber of Shipping Statement on IMO’s ‘Road Map’ for CO2 Reduction from Ships
Shipping News

International Chamber of Shipping Statement on IMO’s ‘Road Map’ for CO2 Reduction from Ships

The International Chamber of Shipping (ICS) has applauded the agreement, last Friday, by the IMO Marine Environment Protection Committee (MEPC) to develop a

October 31, 2016
Total Views: 88

BIMCO: Update on Dry Bulk’s Road to Recovery
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BIMCO: Update on Dry Bulk’s Road to Recovery

(BIMCO) – Back in May, BIMCO disclosed a projected “road to recovery” for the dry bulk shipping industry. The main message back then on what the dry

October 31, 2016
Total Views: 49

Japan Shipping Line Merger Is Fiddling at the Margins
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Japan Shipping Line Merger Is Fiddling at the Margins

By David Fickling (Bloomberg Gadfly) — A business is rarely more than the sum of its parts. That’s a problem for anyone hoping that combining

October 31, 2016
Total Views: 72

Indonesia Resumes Coal Shipments to Philippines Amid Piracy Concerns
Shipping News

Indonesia Resumes Coal Shipments to Philippines Amid Piracy Concerns

JAKARTA, Oct 30 (Reuters) – Indonesia will resume some shipments of coal to the Philippines, a government official said on Sunday, after a months-long

October 31, 2016
Total Views: 145

Singapore Considers Measures to Help Struggling Marine Sector
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Singapore Considers Measures to Help Struggling Marine Sector

SINGAPORE, Oct 31 (Reuters) – The Singapore government is considering whether to help the city-state’s marine and offshore engineering (M&OE)

October 31, 2016
Total Views: 13

Loch Ness Monster Found (in Alaska)?
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Loch Ness Monster Found (in Alaska)?

The internet once again is buzzing with new loch ness monster theories after the Alaska Bureau of Land Management published this video of a “strange

October 31, 2016
Total Views: 128

Sunday, October 30, 2016
nyk line
News

Japanese Shipping Companies to Merge Container Operations

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd., Japan’s three largest

October 30, 2016
Total Views: 116

Samsung Heavy Industries Shipbuilding (Geoje, South Korea)
Shipping News

South Korea to Spend $10 Billion to Boost Local Shipbuilers

By Jiyeun Lee, Kanga Kong and Kyunghee Park (Bloomberg) — South Korea, home to the world’s three biggest shipbuilders, plans to spend about 11

October 30, 2016
Total Views: 119

South Korea to Create State-Backed Ship Financing Company
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South Korea to Create State-Backed Ship Financing Company

By Joyce Lee and Cynthia Kim SEOUL, Oct 31 (Reuters) – South Korea said on Monday it plans to establish a state-backed ship financing company with an

October 30, 2016
Total Views: 47

Boat Refugees Australia
Shipping News

Asylum Seekers Arriving By Boat Face Lifetime Ban In Australia

by Gareth Hutchens (TheGuardian) The Turnbull government plans to ban asylum seekers who arrive by boat from ever being allowed into Australia. The

October 30, 2016
Total Views: 126

Saturday, October 29, 2016
Ships at anchor off Singapore.
Shipping News

Container Shipping: Will New Alliance Structures Help Stabilize The Market?

By Sam Whelan (TheLoadstar) After the supply chain havoc caused by Hanjin Shipping’s collapse, and with an alliance reshuffle on the horizon, should

October 29, 2016
Total Views: 59

Friday, October 28, 2016
Shipping News

LNG Exports – Is Australia The Worst-Case Scenario?

by Dan Murtaugh (Bloomberg) Americans wondering what life with liquefied natural gas exports will bring can look to eastern Australia for a

October 28, 2016
Total Views: 90

Thursday, October 27, 2016
B.C. Locals ‘Infuriated’ By Nathan E. Stewart Response
Interesting

B.C. Locals ‘Infuriated’ By Nathan E. Stewart Response

British Colombia locals are up in arms over the Canadian Coast Guard’s response to an oil spill following the grounding of an American tug and barge in

October 27, 2016
Total Views: 188

WATCH: Testing the Pentagon’s New Unmanned Sub Chaser
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WATCH: Testing the Pentagon’s New Unmanned Sub Chaser

The Pentagon’s new unmanned submarine chaser is currently undergoing at-sea testing off the coast of California and recently set sail with its first-ever

October 27, 2016
Total Views: 63

Hanjin Vessel Sitting Off Canada for Months Set to Dock in Vancouver
Shipping News

Hanjin Vessel Sitting Off Canada for Months Set to Dock in Vancouver

By Catherine Ngai VANCOUVER, Oct 27 (Reuters) – A container vessel that spent months sitting off Canada’s west coast due to the collapse of a major

October 27, 2016
Total Views: 108

irisl containers
News

Iran Shipping Lines Sees Business Back to Normal in 2017

By Nikolaj Skydsgaard COPENHAGEN Oct 27 (Reuters) – Container shipping firm Islamic Republic of Iran Shipping Lines (IRISL) expects to have regained by

October 27, 2016
Total Views: 65

First Very Large Ethane Carriers Inaugurated in South Korea
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First Very Large Ethane Carriers Inaugurated in South Korea

India’s largest private sector company Reliance Industries has inaugurated the world’s first Very Large Ethane Carriers (VLECs) at South Korea’s

October 27, 2016
Total Views: 49