Shipping News

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


Tuesday, November 3, 2020
OOCL Places Orders for Seven 23,000 TEU Containerships
Shipbuilding

OOCL Places Orders for Seven 23,000 TEU Containerships

Hong Kong-based container shipping company Orient Overseas Container Lines has placed shipbuilding orders for seven additional 23,000 TEU megaships at Chinese

November 3, 2020
Total Views: 386

lng ship
Shipping News

French Power Company Engie Pulls Out of Major U.S. LNG Deal

PARIS, Nov 3 (Reuters) – French gas and power utility Engie has pulled out of a major U.S. liquefied natural gas (LNG) import deal after government

November 3, 2020
Total Views: 124

Livestock Carrier Runs Into Trouble Off Western Australia
Shipping News

Livestock Carrier Runs Into Trouble Off Western Australia

It seems like livestock shipping has dodged another black eye A livestock carrier that had run into trouble and was listing has made safely it to port in

November 3, 2020
Total Views: 645

Aker Arctic to Develop New Baltic Icebreakers for Finland and Sweden
Shipping News

Aker Arctic to Develop New Baltic Icebreakers for Finland and Sweden

Finnish-based Aker Arctic has been selected to develop next-generation icebreakers for the Swedish Maritime Administration (SMA) and the Finnish Transport

November 3, 2020
Total Views: 485

Cruise Lines Extend U.S. Sailing Suspension Until 2021
Cruise Ships

Cruise Lines Extend U.S. Sailing Suspension Until 2021

The trade association representing 95 percent of the global ocean-going ships says its members will maintain the voluntary suspension of cruise ship operations

November 3, 2020
Total Views: 195

dry bulk ship, bulker
Shipping News

Baltic Dry Index Hits Over 4-Month Low on Weak China Demand

Nov 3 (Reuters) – The Baltic Exchange’s main sea freight index fell to a more than four-month low on Tuesday as weak demand from China dragged down

November 3, 2020
Total Views: 166

polar research ship rrs sir david Attenborough
Shipping News

Britain’s New Polar Research Ship ‘Sir David Attenborough’ Heads for Open Seas

NEW BRIGHTON, England, Nov 3 (Reuters) – Britain’s new polar ship, the Sir David Attenborough, headed for the open seas on Tuesday to start trials

November 3, 2020
Total Views: 250

Oil tanker on the horizon at sunset
Shipping News

OPEC Boosts Output Despite COVID Sending Oil Crashing

By Grant Smith and Julian Lee (Bloomberg) OPEC’s effort to shore up world oil markets during the pandemic is facing a new threat — from the group’s

November 3, 2020
Total Views: 87

Monday, November 2, 2020
Royal Caribbean, Norwegian Suspend Cruises Through Year End
Cruise Ships

Royal Caribbean, Norwegian Suspend Cruises Through Year End

Nov 2 (Reuters) – Cruise operator Royal Caribbean Group said on Monday it would stop all its cruises through the end of the year, extending previous

November 2, 2020
Total Views: 177

Oil tanker is docked in Venezuela
Shipping News

Venezuela Oil Exports Fall to New Lows as Clients Wind Down

Nov 2 (Reuters) – Venezuela’s oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run PDVSA’s

November 2, 2020
Total Views: 166

Offshore

Watch: Viral Video Shows Scary Moment a Lifeboat Suddenly Falls During a Drill

[Video has been removed] A video posted to the social media website TikTok shows the scary moment a lifeboat fails during a drill. We are told the incident

November 2, 2020
Total Views: 1918

Record-Tying Eta Could Hit Nicaragua as Category 4 Hurricane
Shipping News

Record-Tying Eta Could Hit Nicaragua as Category 4 Hurricane

Nov 2 (Reuters) – Powerful Hurricane Eta gathered strength quickly on Monday as it rumbled closer to Nicaragua and Honduras, which it was expected to

November 2, 2020
Total Views: 136

MSC_isabella_Los_angeles
Shipping News

Trump Changed How the U.S. Trades, But Not Necessarily as Intended – Graphs

WASHINGTON, Nov 2 (Reuters) – U.S. President Donald Trump’s “America First” trade policy torched a 70-year consensus on trade

November 2, 2020
Total Views: 252

Maersk Launceston
Shipping News

Greek Authorities Temporarily Release Maersk Launceston Captain

The captain of the Maersk Launceston has been temporarily released from custody in Greece as local authorities continue their investigation into last

November 2, 2020
Total Views: 205

U.S. CDC Clears Path for Cruise Ships to Return to Service
Cruise Ships

U.S. CDC Clears Path for Cruise Ships to Return to Service

By Michael Smith and Jonathan Levin (Bloomberg) –The U.S. Centers for Disease Control and Prevention announced Friday that it would lift a ban on cruises

November 2, 2020
Total Views: 351

Friday, October 30, 2020
Offshore Oil Rig At Night
Shipping News

Chevron, Exxon Shrink Spending as Coronavirus Cuts Demand

By Jennifer Hiller, Arathy S Nair and Shariq Khan Oct 30 (Reuters) – U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the

October 30, 2020
Total Views: 145

U.S. CDC Issues Framework to Resume Cruise Ship Sailings
Cruise Ships

U.S. CDC Issues Framework to Resume Cruise Ship Sailings

By David Shepardson WASHINGTON, Oct 30 (Reuters) – The Centers for Disease Control and Prevention (CDC) on Friday issued a framework for a phased

October 30, 2020
Total Views: 134

A U.S. Coast Guard Research Vessel built by Metal Shark
Shipping News

Autonomous Tech Company Sea Machines Completes $20 Million Series B Fundraising Round

Boston-based Sea Machines Robotics on Friday announced it has hit its series B investment goal of $20 million after closing on another $5 million from private

October 30, 2020
Total Views: 269

tanker at sea
Shipping News

Iran Likens U.S. to ‘Pirates of the Caribbean’

DUBAI, Oct 30 (Reuters) – Iran accused the United States on Friday of acting like the “Pirates of the Caribbean” after Washington said it had

October 30, 2020
Total Views: 119

Chevron Big Foot. Photo: Chevron
Shipping News

Chevron Posts Surprise Profit But Outlook is Grim

By Kevin Crowley (Bloomberg) –Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven

October 30, 2020
Total Views: 77