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, March 1, 2018
Indonesia Seizes Luxury Yacht, Questions Crew in Malaysian 1MDB Scandal
Shipping News

Indonesia Seizes Luxury Yacht, Questions Crew in Malaysian 1MDB Scandal

By Agustinus Beo Da Costa JAKARTA, March 1 (Reuters) – Indonesian police on Thursday questioned the captain and crew of a luxury yacht seized in

March 1, 2018
Total Views: 34

GE's haliade offshore wind turbine
Offshore

GE Unveils the World’s Most Powerful Wind Turbine

By Jeremy Hodges (Bloomberg) — GE Renewable Resources said it’ll spend as much as $400 million over the next few years to build an offshore wind

March 1, 2018
Total Views: 118

Wednesday, February 28, 2018
offshore oil platform in gulf of mexico
Shipping News

U.S. Interior Committee Votes for Lowering Federal Offshore Oil and Gas Royalties

By Valerie Volcovici WASHINGTON, Feb 28 (Reuters) – A U.S. Department of the Interior committee voted on Wednesday to recommend to Secretary Ryan Zinke

February 28, 2018
Total Views: 34

Savannah Harbor Deepening Reaches Halfway Point
News

Port of Savannah Harbor Deepening Project Reaches Halfway Point

The project to deepen the navigation channel leading to the Port of Savannah has reached its halfway point with the U.S. Army Corps of Engineers

February 28, 2018
Total Views: 49

Maldives Denies Link to North Korean Oil Transfer at Sea
News

Maldives Denies Link to North Korean Oil Transfer at Sea

COLOMBO, Feb 28 (Reuters) – Maldives on Wednesday denied a Japanese foreign ministry statement that said a Maldives-flagged vessel was used to illegally

February 28, 2018
Total Views: 39

sea faith
Shipping News

Tanker Operator Blames Captain for Dumping Crimes

The operator of a tanker busted for illegally dumping oily water and garbage waste at sea says the Master of the tanker “acted unilaterally” and

February 28, 2018
Total Views: 635

cargo ship at sea
Shipping News

State Owners Sell Germany’s HSH Nordbank, Once the World’s Largest Shipping Bank, to Buyout Groups

By Arno Schuetze and Jan Schwartz HAMBURG, Feb 28 (Reuters) – A consortium of buyout groups will pay around a billion euros for Germany’s HSH

February 28, 2018
Total Views: 1325

Schlumberger’s Exit From Seismic Seen as a Problem for Oil Firms
News

Schlumberger’s Exit From Seismic Seen as a Problem for Oil Firms

OSLO, Feb 28 (Reuters) – The decision by Schlumberger , the world’s largest oil services firm, to exit the offshore seismic segment was a

February 28, 2018
Total Views: 54

hapag lloyd 2017 results
Shipping News

Hapag Lloyd Triples Operating Profit in 2017

FRANKFURT, Feb 28 (Reuters) – German container shipping firm Hapag-Lloyd on Wednesday reported its 2017 operating profit more than tripled, citing higher

February 28, 2018
Total Views: 34

Tuesday, February 27, 2018
North Korean Ships Change Names to Evade International Sanctions
Shipping News

North Korean Ships Change Names to Evade International Sanctions

By Kambiz Foroohar (Bloomberg) — As Washington and Seoul try to maintain a unified front against North Korea, the case of two cargo ships shows

February 27, 2018
Total Views: 211

auger tension leg platform
Shipping News

U.S. Democrats Warn Against Cut to Offshore Oil Royalties

By Valerie Volcovici WASHINGTON, Feb 27 (Reuters) – Top Democrats on the Senate and House natural resources committees urged the Interior Department on

February 27, 2018
Total Views: 21

sea faith
Interesting

Tanker Operator, Master Plead Guilty to Oil and Garbage Dumping Crimes in U.S.

An Athens-based tanker operator has been fined $2.25 million in the United States after pleading guilty to environmental crimes relating to the discharge of

February 27, 2018
Total Views: 104

hyundai containership
Shipping News

Loss-Making HMM Stays Bullish, But Its Goal of Becoming a Leading Carrier Seen as ‘Pipe Dream’

By Mike Wackett (The Loadstar) – Hyundai Merchant Marine’s long-term aspiration to become a “leading global carrier” with a market share of 5% is a

February 27, 2018
Total Views: 42

North Korea oil transfers at sea
News

Japan Suspects North Korea of Another Sanctions Breach at Sea

TOKYO, Feb 27 (Reuters) – Japan has discovered another North Korean tanker it suspects of transferring goods with a vessel in defiance of U.N. Security

February 27, 2018
Total Views: 60

Monday, February 26, 2018
Corinth Canal Greece
Shipping News

Famously Skinny Corinth Canal Shut Due to Rockfall

ATHENS, Feb 26 (Reuters) – Greece on Monday closed the Corinth canal after a rockfall that followed heavy rain, temporarily blocking a transit route used

February 26, 2018
Total Views: 289

Canadian Navy Ship Spills Nearly 8,000 Gallons of Fuel Oil Into Strait of Georgia
Defense

Canadian Navy Ship Spills Nearly 8,000 Gallons of Fuel Oil Into Strait of Georgia

Canadian authorities are working to clean up nearly 8,000 gallons of marine fuel oil that was spilled from the Canadian navy ship HMCS Calgary in the Strait of

February 26, 2018
Total Views: 104

oil tanker
News

Supertankers Sailing from U.S. to Cut Time, Money and Traders

By Serene Cheong (Bloomberg) — Big oil tankers sailing from the U.S. are set to bring along some benefits for refiners in Asia while allowing them to

February 26, 2018
Total Views: 58

Friday, February 23, 2018
Tugboat Sinks Off Maine After Colliding with Tug Towing It
News

Tugboat Sinks Off Maine After Colliding with Tug Towing It

An 80-tugboat sank off the coast of Portland, Maine on Wednesday after colliding with a second tug that was towing it at the time, the U.S. Coast Guard

February 23, 2018
Total Views: 133

U.S. Targets Shipping Companies, Vessels in ‘Largest-Ever’ Sanctions Against North Korea
Shipping News

U.S. Targets Shipping Companies, Vessels in ‘Largest-Ever’ Sanctions Against North Korea

By Steve Holland and Christine Kim WASHINGTON/SEOUL, Feb 23 (Reuters) – The United States said on Friday it was imposing its largest package of

February 23, 2018
Total Views: 38

Wednesday, February 21, 2018
Hyundai Mipo Dockyard Delivers World’s Largest LNG-Fueled Bulk Carrier
Shipping News

Hyundai Mipo Dockyard Delivers World’s Largest LNG-Fueled Bulk Carrier

Sout Korea’s Hyundai Mipo Dockyard has delivered the world’s largest LNG-fueled bulk carrier.  The 50,000 dwt vessel was ordered in 2016 by

February 21, 2018
Total Views: 103