Shipping News

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


Friday, October 12, 2018
Stock photo shows an oil tanker at a terminal
Shipping News

U.S. Oil Exports to Asia May Fall Further After Surge in Tanker Rates

By Florence Tan and Jessica Jaganathan SINGAPORE, Oct 11 (Reuters) – Rising shipping rates have increased the costs of shipping oil from the United

October 12, 2018
Total Views: 28

File photo of an offshore drillship
Shipping News

Oil Majors Offload Gulf of Mexico Fields to Hunt Bigger Finds

By Kevin Crowley and David Wethe (Bloomberg) — Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it’s home runs or bust.

October 12, 2018
Total Views: 26

Thursday, October 11, 2018
Mediterranean Collision
News

Ro-Ro Ulysse Separated from CSL Virginia After Collision in Mediterranean

The Tunisian roll-on/roll-off ferry Ulysse has separated from the containership CSL Virginia after the two collided Sunday in the Mediterranean Sea off

October 11, 2018
Total Views: 326

U.S. Maritime Administration Seeking a Construction Manager for New National Security Multi-Mission Vessel
Interesting

U.S. Maritime Administration Seeking a Construction Manager for New National Security Multi-Mission Vessel

The U.S. Maritime Administration (MARAD) today issued a Request for Proposal (RFP) seeking a   construction manager to deliver the new National

October 11, 2018
Total Views: 132

U.S. Coast Guard Rescues 10 from Disabled Cargo Ship in Atlantic Ocean
Accidents

U.S. Coast Guard Rescues 10 from Disabled Cargo Ship in Atlantic Ocean

The U.S. Coast Guard has rescued 10 crew members who were stranded aboard a disabled cargo ship for almost 20 days in the middle of the Atlantic. The 10

October 11, 2018
Total Views: 434

File photo of a product tanker underway at sea
Shipping News

Gas Pipeline Explosion in Canada May Drive Jones Act Waiver Requests

By Don Martin – An explosion on October 9 to the Enbridge natural gas pipeline in Canada near Prince George B.C. threatens natural gas distribution to

October 11, 2018
Total Views: 84

Shipwrecks Found in Greek Waters Tell Tale of Ancient Trade Routes
Offshore

Shipwrecks Found in Greek Waters Tell Tale of Ancient Trade Routes

By Vassilis Triandafyllou and Idyli Tsakiri FOURNI, Greece, Oct 11 (Reuters) – Archaeologists in Greece have discovered at least 58 shipwrecks, many

October 11, 2018
Total Views: 131

panama canal tonnage record
Shipping News

Panama Canal Sets New Annual Tonnage Record

The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), marking a 9.5 percent increase from

October 11, 2018
Total Views: 49

An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo
Offshore

U.S. Oil Firms Restoring Operations in Storm-Battered Gulf of Mexico

HOUSTON, Oct 11 (Reuters) – Major oil producers and drillers, including Chevron Corp and BP Plc, on Thursday began returning crews to more than 90

October 11, 2018
Total Views: 27

Wednesday, October 10, 2018
Trade War So Far ‘Positive’ for Shipping Companies, But 2019 Looks Less Promising
Shipping News

Trade War So Far ‘Positive’ for Shipping Companies, But 2019 Looks Less Promising

By Sam Whelan, Asia Correspondent (The Loadstar) – The US-China trade war has seemed “positive” for transpacific shipping lines, so far, with

October 10, 2018
Total Views: 19

CSL Virginia Ulysse collision
Interesting

Watch: AIS Animation Shows Mediterranean Ship Collision

We’re getting our first look at the track of the Ro-Ro passenger vessel Ulysse before and after it collided with containership CSL Virginia early Sunday

October 10, 2018
Total Views: 582

Cajun Navy to the Rescue: Here’s How the Volunteer Relief Group Got Its Roots
Shipping News

Cajun Navy to the Rescue: Here’s How the Volunteer Relief Group Got Its Roots

(Southern Boating) – The Cajun Navy has entered popular vernacular, but what do we know about the group? The famed Cajun Navy came to be when a Former

October 10, 2018
Total Views: 157

offshore platforms
Shipping News

Chevron Quits Norway as Wider Retreat Looms From Aging North Sea

By Mikael Holter (Bloomberg) — Chevron Corp. is selling its last remaining oil exploration license in Norway, putting it one step closer to a full

October 10, 2018
Total Views: 42

Star Bulk Secures ‘Pioneering Green Loan’ for Scrubber Systems
Shipping News

Star Bulk Secures ‘Pioneering Green Loan’ for Scrubber Systems

Global dry bulk shipping company Star Bulk (Nasdaq: SBLK, Oslo: SBLK?R) has announced it has entered into a $310 million loan agreement, of which $70 million

October 10, 2018
Total Views: 1180

Azura Cruise Ship
Shipping News

P&O Master On Trial in France Over Cruise Ship Sulphur Limit Violation

The U.S. Master of P&O operated cruise ship “Azura” is currently facing unprecedented charges brought against him by French prosecutors for the

October 10, 2018
Total Views: 172

maersk ship
Shipping News

Maersk Leases Singapore Fuel Oil Storage Ahead of IMO 2020

By Roslan Khasawneh SINGAPORE, Oct 10 (Reuters) – Maersk Oil Trading has leased oil storage space in Singapore, signaling a push by one of the

October 10, 2018
Total Views: 38

ship emissions
Shipping News

U.S. Seen as Big Winner from IMO’s 2020 Fuel Rules

By Julia Payne and Dmitry Zhdannikov LONDON, Oct 10 (Reuters) – The United States is set to be the big winner from new marine fuel rules, trading house

October 10, 2018
Total Views: 34

Tuesday, October 9, 2018
deepwater wind block island wind farm
Shipping News

Denmark’s Ørsted Acquires Deepwater Wind, Creating U.S. Offshore Wind Leader

Danish power company Ørsted has entered into an agreement to acquire U.S. offshore wind developer Deepwater Wind for $510 million. The acquisition includes

October 9, 2018
Total Views: 43

Esvagt Mercator ‘Hijacked’ in Anti-Terrorism Drill in Belgium
Shipping News

Esvagt Mercator ‘Hijacked’ in Anti-Terrorism Drill in Belgium

The Danish offshore wind service vessel Esvagt Mercator is typically found at the Belgian offshore wind farms, Nobelwind and Belwind in the North Sea, where

October 9, 2018
Total Views: 69

Hurricane Michael Shuts Nearly 40 Percent of U.S. Gulf of Mexico Oil Output
Shipping News

Hurricane Michael Shuts Nearly 40 Percent of U.S. Gulf of Mexico Oil Output

HOUSTON, Oct 9 (Reuters) – Nearly 40 percent of daily crude oil production was lost from offshore U.S. Gulf of Mexico wells on Tuesday due to platform

October 9, 2018
Total Views: 44