News

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

The influential education-research company Princeton Review, just published its 2016 annual college handbook and ranked the State University of New

by Hashem Kalantari  Deena Kamel  (Bloomberg) Iran will start sending 300,000 barrels a day of crude to Europe, 54 percent of the total it

(Bloomberg) — “You either grow or die.” To Edie Rodriguez, president and CEO of Crystal Cruises, those words weren’t just lip service for the

A German containership has been damaged after being struck from behind by another cargo ship in the Kiel Canal. The incident occurred Friday morning in the

The CSCL Indian Ocean, one of the world’s biggest containerships, is still stuck on the Elbe River after the giant containership ran aground on its

A new report by NGO Shipbreaking Platform reveals that more than 60% of 768 ships sold for scrap last year were broken on the beaches of India, Pakistan

Crowley Maritime Corp. has christened its second LNG-ready product tanker for use in the Jones Act coastwise trade. The 50,000 dead-weight-ton (dwt),

By Javier Blas (Bloomberg) — After a year of low oil prices, only 0.1 percent of global production has been curtailed because it’s unprofitable,

A major development today in the ongoing saga to save the SS United States from a trip the scrapyard. Los Angeles-based Crystal Cruises says it has signed a

By William Bennett,  (VesselsValues.com) – Both the BDI and the BCI have been hitting successive record lows. Capesize rates fell below $2000pd in

Updates: CSCL Indian Ocean Grounding One of the world’s biggest containerships is hard aground in Germany’s Elbe River leading to the port of

Update (Feb 5): The Baltic Dry Index dropped one point to 297 points on Friday, making for nine straight sessions of losses. The capesize index

By Elida Moreno PANAMA CITY, Feb 3 (Reuters) – After more than a year-long delay, a new set of larger locks for the Panama Canal will be complete by

By Kyunghee Park and Kyungji Cho (Bloomberg) — More than two years after announcing a 3.3 trillion won ($2.7 billion) bailout of the Hyundai Group,

By Jennifer A. Dlouhy (Bloomberg) — Environmentalists emboldened by President Barack Obama’s rejection of the Keystone XL pipeline are now trying to

An offshore wind farm jack-up barge has capsized off the coast of Denmark one week after running aground in a separate incident. A2SEA has confirmed that

An unladen tanker had a tough time navigating the Mississippi River near New Orleans on Tuesday, crashing into a water tank tower followed by a pier

By Sam Kim (Bloomberg) — North Korea will launch a long-range rocket to put a satellite in orbit this month, a United Nations agency said, in a move that

Bristow Helicopters has confirmed that eleven people have been rescued after one of its helicopters was involved in a controlled water landing near Lagos at