News

  Norwegian offshore vessel owner Havila Shipping ASA says it has decided to lay up two anchor handling tugs (AHTS) amid weakened demand for offshore

  By Angela Cullen and Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG, Germany’s biggest shipping line, is seeking to raise $500 million from

  (The following statement was released by the rating agency) LONDON, September 28 (Fitch) China’s slower growth and economic transition will pose

  NAIROBI, Sept 27 (Reuters) – A Norwegian-flagged ship that was held in Kenya for more than a week over undeclared weapons belonging to the United

The central processing facility (CPF) for the INPEX-operated Ichthys LNG Project is launched on September 19, 2015 from the offshore floating dock at the

Blue Star Ferry coming in hot! Hopefully this one makes up for all the other ferry docking and ship handling videos we have posted lately. And for all the

  OSLO, Sept 25 (Reuters) – Statoil has cut the initial costs of developing one of Norway’s biggest industrial projects, the Johan Sverdrup

  Swedish shipowner Viking Supply Ships says that due to the continued market the company is forced to lay up three platform supply vessels. The vessels

  Salvors have removed a total of 977,000 liters of heavy oil from the tanks of the grounded MV Victoria off Sweden, but the effort to refloat the vessel

  COPENHAGEN, Sept 25 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 31 percent to $313

  U.S.-flag Great Lake carriers are using a recent 20-day closer of a lock at the Soo Locks in Sault Ste. Marie, Michigan to highlight the need for a

  LONDON, Sept 25 (Reuters) – Jeremy Penn, chief executive of London’s centuries old Baltic Exchange will step down next year, the exchange

  The Port of Miami is now the only major logistics hub south of Virginia capable of handling fully laden post-Panamax vessels with the completion of a

  A ship is blanketed in thick haze at while unloading cargo at the Tanjong Pagar shipping container port in Singapore, September 24, 2015. 

Samsung Heavy Industries has launched the semi-submersible that will serve as the central processing facility (CPF) for the giant Ichthys LNG project off

Cruising around the Caribbean or Mediterranean in a mega yacht may be relaxing and all, but for you more adventurous yachtsmen unafraid of a

  NAIROBI, Sept 24 (Reuters) – Weapons discovered by Kenyan authorities aboard a Norwegian ship were part of a legitimate cargo for United Nations

  SHANGHAI, Sept 24 (Reuters) – China is probing shipping companies over allegations that they have been levying arbitrary and excessive charges,

  By Christine Buurma (Bloomberg) — When TOTE Inc., a shipper that operates between the U.S. and the Caribbean, launched its latest container ship

  By Gavin van Marle, The Loadstar Just how much money would container shipping lines be losing if it weren’t for the relentlessly steep decline in