Shipping News

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


Wednesday, October 14, 2020
somali piracy
Shipping News

IMB Piracy Report: Crew Kidnappings Surge in Gulf of Guinea

The number of seafarers kidnapped by pirates in the Gulf of Guinea has surged so far this as pirates abduct bigger groups of seafarers further offshore, the

October 14, 2020
Total Views: 823

containership ship bunkering
Shipping News

Bunker Sales From China’s Zhoushan Rise 18%

by Chen Aizhu (Reuters) – Sales of marine fuel from the Chinese port of Zhoushan, the country’s top supplier of shipping fuel, in first nine months of

October 14, 2020
Total Views: 152

Tuesday, October 13, 2020
container loading onto ship
Shipping News

China’s Rebound Bolsters Its Global Trade Dominance

By Bloomberg News (Bloomberg) — China is cementing its status as the world’s dominant trading nation, confounding warnings that a once in a century

October 13, 2020
Total Views: 168

NTSB: Incomplete Safety Procedures Led to Barge Explosion
Accidents

NTSB: Incomplete Safety Procedures Led to Barge Explosion

The U.S. National Transportation Safety Board today issued Marine Accident Report 20-34 detailing its investigation of the November 4, 2019, explosion of a

October 13, 2020
Total Views: 261

Biggest World War Two Bomb Found in Poland Explodes
Shipping News

Biggest World War Two Bomb Found in Poland Explodes

WARSAW, Oct 13 (Reuters) – The biggest World War Two bomb ever found in Poland exploded under water on Tuesday as navy divers tried to defuse it. More

October 13, 2020
Total Views: 156

urkish seismic research vessel Oruc Reis sails in the Bosphorus in Istanbul.REUTERS/Yoruk Isik/File Photo
Shipping News

Tensions Flare as Turkey Again Sends Survey Ship to East Med

By Humeyra Pamuk WASHINGTON, Oct 13 (Reuters) – The United States on Tuesday slammed Turkey’s renewed push to send a vessel to carry out seismic

October 13, 2020
Total Views: 103

Hoglund Marine Takes Majority Stake in Wind-Assisted Car Carrier Project
Shipping News

Hoglund Marine Takes Majority Stake in Wind-Assisted Car Carrier Project

Norway-based Hoglund Marine Solutions has taken a majority equity stake in Vindskip AS, a company that is developing an LNG-powered vehicle carrier with a

October 13, 2020
Total Views: 185

New CEO Appointed at Family-Owned Ulstein
Shipping News

New CEO Appointed at Family-Owned Ulstein

Family-held Norwegian shipbuilder Ulstein Group has appointed a new CEO to lead the company as its former CEO, Gunvor Ulstein, announced she is stepping down.

October 13, 2020
Total Views: 233

CMA CGM’s New LNG-Powered Megaship Sets Cargo Record
Shipping

CMA CGM’s New LNG-Powered Megaship Sets Cargo Record

The world’s first natural gas-powered containership has also just set a new world record for the highest number of full containers loaded on a single

October 13, 2020
Total Views: 447

IMO greenhouse gas emissions
Shipping News

Opinion: Shipping Needs Tighter Limits on Greenhouse-Gas Emissions

By The Editors (Bloomberg Opinion) –Shipping emits a much greater share of greenhouse-gas emissions than you might think — more than a million tons

October 13, 2020
Total Views: 109

Eleonora Maersk Los Angeles Record
Shipping News

Maersk to Lay Off 2,000 in Business Shake-Up, Lifts Outlook on Improving Demand

COPENHAGEN, Oct 13 (Reuters) – The world’s biggest container shipping line, Maersk, said on Tuesday demand was recovering faster than expected and

October 13, 2020
Total Views: 159

Monday, October 12, 2020
Damen Crew Transfer Vessel Receives ABS Approval in Principle
Environment

Damen Crew Transfer Vessel Receives ABS Approval in Principle

Dutch shipbuilder Damen Shipyard’s Group has announced an approval in principle from classification society ABS for its next-generation crew transfer vessel

October 12, 2020
Total Views: 192

Cargo from Dubai Arrives in Haifa, Cementing Israel-UAE Trade Route
Shipping

Cargo from Dubai Arrives in Haifa, Cementing Israel-UAE Trade Route

By Rami Amichay HAIFA, Israel, Oct 12 (Reuters) – The ship-to-shore crane paused above the cargo ship just arrived from Dubai, then set its load down on

October 12, 2020
Total Views: 128

Shipping Giant CMA CGM Sells Bond to Refinance Debt
Shipping

Shipping Giant CMA CGM Sells Bond to Refinance Debt

By Irene García Pérez and Libby Cherry (Bloomberg) –French shipping giant CMA CGM SA has found a window of opportunity to refinance its debt due in

October 12, 2020
Total Views: 1499

Cargo Ship Breaks Tow, Grounds in Vietnam
Shipping News

Cargo Ship Breaks Tow, Grounds in Vietnam

An end-of-life cargo ship under tow to breakers lost its tow and become grounded along the east coast of Vietnam. The owners of the MV Jakarta, NKD Maritime

October 12, 2020
Total Views: 366

cma cgm ship
Shipping News

Container Shipping Group CMA CGM Resumes Online Services After Cyber Attack

LONDON, Oct 12 (Reuters) – CMA CGM, the world’s fourth-largest container shipping group, said it has restored its online business services after a

October 12, 2020
Total Views: 181

Saturday, October 10, 2020
Hurricane Delta’s Winds Topple Gear, Disrupt U.S. Oil Refineries
Shipping News

Hurricane Delta’s Winds Topple Gear, Disrupt U.S. Oil Refineries

By Erwin Seba HOUSTON, Oct 10 (Reuters) – Hurricane Delta shut power and toppled equipment at U.S. Gulf Coast oil refineries and closed oil-export ports

October 10, 2020
Total Views: 122

Friday, October 9, 2020
Virus Outbreak Halts Shipbuilding at Norwegian Yard
Shipbuilding

Virus Outbreak Halts Shipbuilding at Norwegian Yard

Officials have extended the temporary closure of the Havyard shipyard in Leirvik, Norway until at least October 19 after more workers tested positive for

October 9, 2020
Total Views: 201

johan sverdrup offshore field
Shipping News

Norway Oil Strike Set to End as Wage Agreement Reached

By Nerijus Adomaitis OSLO, Oct 9 (Reuters) – Norwegian oil firms struck a wage bargain with labour union officials on Friday, ending a 10-day strike that

October 9, 2020
Total Views: 84

NTSB: Loss of Tow-Line Shackle Pin Led to Sinking of U.S.-Flagged Tug in Pacific
Accidents

NTSB: Loss of Tow-Line Shackle Pin Led to Sinking of U.S.-Flagged Tug in Pacific

The loss of a towline shackle pin resulted in a towing failure that led to the sinking of a U.S-flagged tug during a developing storm in the Pacific Ocean

October 9, 2020
Total Views: 508