Shipping News

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


Monday, October 1, 2018
offshore oil rig Statoil
Shipping News

Equinor Acquires a 40% Stake in Undeveloped Rosebank Project in UK Waters

Norwegian energy giant Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped

October 1, 2018
Total Views: 49

SEVASTOPOL
News

Russia Calls On South Korea to Release Tanker Held at Busan Port

MOSCOW, Oct 1 (Reuters) – Russia’s Ministry of Foreign Affairs summoned South Korea’s ambassador in Moscow on Monday and demanded that Seoul

October 1, 2018
Total Views: 40

lng carrier
Shipping News

Golar, Hoegh Give Stolt-Nielsen’s LNG Venture Investment Boost

LONDON, Oct 1 (Reuters) – Liquefied natural gas (LNG) shipping and terminal operators Golar and Hoegh said on Monday they would invest about $50 million

October 1, 2018
Total Views: 27

container ship
Shipping News

U.S. Seen Being a ‘Strong Supplier’ of 2020-Compliant Fuel Thanks to Shale Boom

SINGAPORE, Oct 1 (Reuters) – Owing to its booming shale industry, the United States is likely to become an important supplier of low-sulphur marine fuels

October 1, 2018
Total Views: 12

Sunday, September 30, 2018
russian convoy Arctic ocean
Defense

U.K. to Step Up Arctic Patrols to Counter Russian Polar Threat

By Kitty Donaldson (Bloomberg) — The U.K. will send Royal Marines to Norway’s Arctic training program because of the growing threat of Russian

September 30, 2018
Total Views: 54

Shipping News

U.S. Destroyer Sails Near Disputed South China Sea Islands

By Idrees Ali WASHINGTON, Sept 30 (Reuters) – A U.S. Navy destroyer sailed near islands claimed by China in the South China Sea on Sunday, a U.S.

September 30, 2018
Total Views: 62

Friday, September 28, 2018
Offshore Patrol Cutter Drawing
Shipbuilding

U.S. Coast Guard Green Lights Construction of First Offshore Patrol Cutter at Eastern Shipbuilding

The Coast Guard on Friday exercised its contract options with Eastern Shipbuilding Group to start construction of the lead offshore patrol cutter (OPC) in

September 28, 2018
Total Views: 198

venta maersk northern sea route
Interesting

Maersk Containership Completes Historic Passage of Northern Sea Route

The container ship Venta Maersk arrived in Saint Petersburg, Russia on Friday after completing its historic one-off passage of the Northern Sea Route from Asia

September 28, 2018
Total Views: 437

drilling rig
Shipping News

Mexico Oil Auction Winners Stay Positive as Industry Slows Down

By Amy Stillman (Bloomberg) — Mexico’s oil auction winners BHP Billiton Ltd and DEA Deutsche Erdoel AG are hopeful that the slowdown in bid rounds is a

September 28, 2018
Total Views: 21

hyundai merchant marine
Shipbuilding

Hyundai Merchant Marine Pulls Trigger on 20 Large Containerships for $2.8 Billion

South Korea’s biggest shipping line Hyundai Merchant Marine (HMM) said Friday it has placed orders for the construction of 20 large containerships worth

September 28, 2018
Total Views: 170

lng powered MS Bergensfjord
Shipping News

Passenger Vessels Are Cleaning Up Using LNG

By Anna Shiryaevskaya (Bloomberg) — The sleek cruise-ferry idling at the harbor in western Norway while picking up passengers spews none of the dirty

September 28, 2018
Total Views: 135

petrobras carwash probe
Shipping News

Petrobras to Pay $853 Million U.S. Fine in Car Wash Probe

By Carolina Mandl SAO PAULO, Sept 27 (Reuters) – Petróleo Brasileiro SA will pay an $853.2 million fine to settle charges that former executives and

September 28, 2018
Total Views: 43

Shell’s LNG Canada `Sprints’ Ahead as Asian Partners Give OK
Shipping News

Shell’s LNG Canada `Sprints’ Ahead as Asian Partners Give OK

By Jasmine Wang, Stephen Stapczynski and Aibing Guo (Bloomberg) — Two of Royal Dutch Shell Plc’s Asian partners in a liquefied natural gas venture in

September 28, 2018
Total Views: 41

oil tanker
Shipping News

China’s Sinopec Halves Iran Oil Loadings Under U.S. Pressure -Sources

By Chen Aizhu and Florence Tan BEIJING/SINGAPORE, Sept 28 (Reuters) – China’s Sinopec Corp is halving loadings of crude oil from Iran this month,

September 28, 2018
Total Views: 35

Thursday, September 27, 2018
north sea oil rig
Offshore

U.S. Interior Department Relaxes Offshore Drilling Safety Rules

WASHINGTON, Sept 27 (Reuters) – The Trump administration on Thursday eased safety rules on offshore oil and gas production put in place after the deadly

September 27, 2018
Total Views: 35

European Shipowners Request More Capacity Added to EU Ship Recycling List
Shipping News

European Shipowners Request More Capacity Added to EU Ship Recycling List

European shipowners are asking for more capacity to be added to the EU list of approved ship recycling facilities that will come into play next year with entry

September 27, 2018
Total Views: 83

ship emissions
Shipping News

BIMCO’s First 2020 Bunker Clause Fast-Tracked for October

International shipping association BIMCO is fast-tracking the publishing of its first clause related to the International Maritime Organization’s 2020

September 27, 2018
Total Views: 8

southampton port
Shipping News

Felixstowe Box Congestion Spreads to Southampton Right in Time for the Holidays

By Mike Wackett (The Loadstar) – The UK’s two biggest container ports appear to have hit crisis level. UK retailers potentially face weeks of

September 27, 2018
Total Views: 124

China’s Nexen Plans Gulf of Mexico Oil Exit Amid Trade War -Sources
Offshore

China’s Nexen Plans Gulf of Mexico Oil Exit Amid Trade War -Sources

By Jessica Resnick-Ault and Ron Bousso NEW YORK/LONDON, Sept 26 (Reuters) – Nexen Petroleum, a unit of China’s CNOOC Ltd, plans to exit the United

September 27, 2018
Total Views: 45

qatar lng ship
Shipping News

Qatar Said to See $40 Billion Income Gain From Gas Expansion

By Mohammed Aly Sergie (Bloomberg) — Qatar will generate $40 billion in additional export revenue once it completes its natural gas expansion

September 27, 2018
Total Views: 90