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, June 20, 2019
offshore wind farm under construction. DJ Mattaar / Shutterstock
Shipping News

Renewable Energy Sector Hails New York State’s New Climate Plan

By Dave Gregorio NEW YORK, June 20 (Reuters) – Investors, developers and users of renewable energy at an industry conference in New York this week were

June 20, 2019
Total Views: 13

tanker in storm
Shipping News

Iran Exposes Oil’s Sea Change in the Persian Gulf

By Liam Denning (Bloomberg Opinion) –“It is not the role of the United States to take the lead in protecting neutral shipping in the [Persian] Gulf.”

June 20, 2019
Total Views: 46

Carnival Cuts 2019 Profit on Cuba Travel Ban, Weak Europe Demand
Cruise Ships

Carnival Cuts 2019 Profit on Cuba Travel Ban, Weak Europe Demand

June 20 (Reuters) – Carnival Corp cut its profit forecast for the year on Thursday, anticipating a hit from the Trump administration’s sudden ban

June 20, 2019
Total Views: 27

Wednesday, June 19, 2019
ultra large containerships
Shipping News

End of Shipping Alliances Would Send Freight Rates Soaring

By Gavin van Marle in Rotterdam (The Loadstar) – Shipper opposition to deepsea liner shipping alliances may be dangerously misplaced, delegates at the

June 19, 2019
Total Views: 59

File photo shows the MSC Gayane
Shipping News

MSC Gayane Cocaine Seizure is One of the Largest on Record in U.S.

June 18 (Reuters) – Federal authorities seized 16.5 tons of cocaine worth more than $1 billion from a ship in Philadelphia in one of the largest drug

June 19, 2019
Total Views: 180

front altair oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

U.S. Navy Says Mine Fragments Suggest Iran Behind Gulf Tanker Attack

By Aziz El Yaakoubi FUJAIRAH, United Arab Emirates, June 19 (Reuters) – The United States sought on Wednesday to bolster its case for isolating Iran over

June 19, 2019
Total Views: 58

vlcc tanker
Shipping News

Refiner Phillips 66 Enters U.S. Offshore Oil Export Race

By Collin Eaton HOUSTON, June 19 (Reuters) – U.S. oil refiner Phillips 66 is proposing a deepwater crude export terminal off the U.S. Gulf Coast,

June 19, 2019
Total Views: 55

Tuesday, June 18, 2019
Shipping News

Authorities Find 16.5 Tons of Cocaine on Ship at Port of Philadelphia

Federal authorities have seized approximately 16.5 tons of cocaine from a ship at the Port of Philadelphia, the U.S. Attorney’s Office for the Eastern

June 18, 2019
Total Views: 166

containership sailing
Shipping News

Banks With $100 Billion in Shipping Loans Get Strict on Climate

(Bloomberg) –A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part

June 18, 2019
Total Views: 1137

cma cgm amazon
Shipping News

U.S. Charges Greek Ship Operator and Two Engineers Over Oily Waste Dumping, Cover-Up

The United States has charged a Greek cargo ship operator and two of its chief engineers with environmental crimes for allegedly failing to record

June 18, 2019
Total Views: 182

port of los angeles
Shipping News

Trade War Concerns Impacting Shipping Confidence

Confidence in the shipping industry has fallen marginally over the past three months, largely as a result of ongoing concern over trade wars and increased

June 18, 2019
Total Views: 16

An oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

Tanker Attacks Seen as Calibrated But Risky Iranian Response to U.S. Sanctions

By Babak Dehghanpisheh GENEVA, June 18 (Reuters) – If, despite its firm denials, Iran was behind attacks on two oil tankers in the Gulf last week and a

June 18, 2019
Total Views: 40

ship emissions
Shipping News

Banks to Include CO2 Emission Measures in Evaluating Shipping Loan

By Jonathan Saul LONDON, June 18 (Reuters) – A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their

June 18, 2019
Total Views: 1235

Monday, June 17, 2019
Ships at anchor off Singapore.
Shipping News

Report: Shipowners Ready for IMO 2020, But Bunker Market Lags

By Mike Wackett (The Loadstar) – The bunker market is far from ready for the substantial switch in demand to low-sulphur fuel, when the IMO’s 0.5% cap

June 17, 2019
Total Views: 67

Offshore

Atlantic Towing Orders Hybrid Battery-Powered PSV

Canada-based Atlantic Towing has entered into a contract with Norwegian ship technology group Havyard for the purchase of a state-of-the-art hybrid

June 17, 2019
Total Views: 109

log cabin
Blog

Carr: Building a Log Cabin While Underway

By Michael Carr – Building a log cabin while underway is not easy. But I persisted and built one, many times over. Each time I began constructing the

June 17, 2019
Total Views: 52

An oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

Saudi Energy Minister Calls for Collective Effort to Secure Shipping Lanes

By Aaron Sheldrick and Yuka Obayashi TOKYO, June 17 (Reuters) – Saudi Arabian Energy Minister Khalid al-Falih said on Monday that countries need to

June 17, 2019
Total Views: 32

diamond highway car carrier
Interesting

Reports: K-Line Car Carrier on Fire in South China Sea

The K-Line car carrier Diamond Highway has been abandoned in the South China Sea after a fire broke out on board the vessel late Sunday night, according to

June 17, 2019
Total Views: 768

Sunday, June 16, 2019
A handout photo made available by the Norwegian shipowner Frontline of the crude oil tanker Front Altair after the fire onboard the ship in the Gulf of Oman
Shipping News

Blast-Hit Tankers Being Inspected Off UAE

DUBAI, June 16 (Reuters) – The two oil tankers crippled in attacks in the Gulf of Oman last week that Washington and Riyadh have blamed on Iran are being

June 16, 2019
Total Views: 74

Friday, June 14, 2019
front altair oil tanker is seen after it was attacked at the Gulf of Oman
Shipping News

War Risk Premiums Surge After Gulf of Oman Tanker Attacks

by Alex Longley and Sheela Tobben (Bloomberg) –Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export

June 14, 2019
Total Views: 106