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, September 16, 2020
Abu Dhabi Takes $615 Million Stake in U.S. LNG Exporter
Shipping News

Abu Dhabi Takes $615 Million Stake in U.S. LNG Exporter

By Katrina Lewis (Bloomberg) –Abu Dhabi’s main sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc., the largest U.S. exporter of

September 16, 2020
Total Views: 65

containership ship bunkering
Shipping News

Pandemic Crushes Global Marine Fuel Demand, Driving Bunker Market Consolidation -IBIA

By Roslan Khasawneh SINGAPORE, Sept 16 (Reuters) – Global demand for marine fuels is expected to fall by up to 17% due to the impact of the coronavirus

September 16, 2020
Total Views: 265

gulf livestock 1
Accidents

Under Pressure, Shipowner Calls for Renewed Search for ‘Gulf Livestock 1’ Survivors

The shipowner of the Gulf Livestock 1 has requested for a renewed search for survivors following pressure from the families of the missing seafarers. In an

September 16, 2020
Total Views: 203

Tuesday, September 15, 2020
MSC_isabella_Los_angeles
Shipping News

Port of Los Angeles Reports Strongest Month Ever in August

The Port of Los Angeles recorded its first monthly cargo increase of the year in August as imports soared to a record high, helping the port to its strongest

September 15, 2020
Total Views: 163

A Quarter of U.S. Energy Production Shut as Hurricane Sally Inches Towards Landfall
Shipping News

A Quarter of U.S. Energy Production Shut as Hurricane Sally Inches Towards Landfall

By Erwin Seba HOUSTON, Sept 15 (Reuters) – More than a quarter of U.S. offshore oil and gas production was shut and key exporting ports were closed on

September 15, 2020
Total Views: 44

U.S. Defense Department Awards Long-Range Unmanned Vessel Contracts
Defense

U.S. Defense Department Awards Long-Range Unmanned Vessel Contracts

The U.S. Defense Advanced Research Projects Agency, aka DARPA, has awarded contracts to private sector companies as part of a project to demonstrate the use of

September 15, 2020
Total Views: 228

New Break in Greenland’s Largest Ice Shelf Signals Rapid Melting
Shipping News

New Break in Greenland’s Largest Ice Shelf Signals Rapid Melting

By Eric Roston (Bloomberg) –As the summer melt season reaches its peak, the largest Arctic ice shelf has jettisoned a piece of ice twice the size of

September 15, 2020
Total Views: 71

Lomonosov Prospect northern sea route
Shipping News

Russian Shipping Giant Sovcomflot Targets At Least $500 Million in IPO

By Olga Popova, Gleb Stolyarov and Abhinav Ramnarayan MOSCOW, Sept 15 (Reuters) – Sovcomflot plans to raise at least $500 million in an initial public

September 15, 2020
Total Views: 80

U.S. Violated Trade Rules With Tariffs on China, WTO Says
Shipping News

U.S. Violated Trade Rules With Tariffs on China, WTO Says

By Bryce Baschuk (Bloomberg) — The World Trade Organization undercut the main justification for President Donald Trump’s trade war against China,

September 15, 2020
Total Views: 55

ship emissions
Shipping News

EU Parliament Votes to Make Ships Pay for Their Pollution

By Kate Abnett BRUSSELS, Sept 15 (Reuters) – The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime

September 15, 2020
Total Views: 36

carnival cruise lines,
Cruise Ships

Carnival Quarterly Loss Nears $3 billion

Sept 15 (Reuters) – Carnival Corp said on Tuesday it expects to post a loss of $2.9 billion in the third quarter, hurt by the suspension of cruises due

September 15, 2020
Total Views: 35

Energy Transitions, Job Losses and Political Reactions -Opinion
Offshore

Energy Transitions, Job Losses and Political Reactions -Opinion

By John Kemp LONDON, Sept 15 (Reuters) – Like other technology shifts, energy transitions provoke strong responses because they involve changes in lives

September 15, 2020
Total Views: 33

Monday, September 14, 2020
Cable Laying Vessel Catches Fire and Sinks Off South Korea – Incident Video
Shipping News

Cable Laying Vessel Catches Fire and Sinks Off South Korea – Incident Video

A South Korean cable layer sank in the East China Sea over the weekend after suffering a fire on board. Korean media reports the 6,204-tonne Responder suffered

September 14, 2020
Total Views: 656

Offshore Oil Wells, Ports Shut as U.S. Gulf Coast Storm Advances
Shipping News

Offshore Oil Wells, Ports Shut as U.S. Gulf Coast Storm Advances

By Erwin Seba HOUSTON, Sept 14 (Reuters) – Energy companies, ports and refiners on Monday raced to shut down as Hurricane Sally lumbered towards the

September 14, 2020
Total Views: 66

Salvors Repair Ruptured Tank on Fire-Hit New Diamond Off Sri Lanka
Shipping News

Salvors Repair Ruptured Tank on Fire-Hit New Diamond Off Sri Lanka

By Nidhi Verma NEW DELHI, Sept 14 (Reuters) – Sri Lanka has initiated repair work on the ruptured fuel oil tank in the engine room of a stricken fully

September 14, 2020
Total Views: 206

Sunday, September 13, 2020
Mauritians Protest ‘Failed’ Government Response to Wakashio Oil Spill
Shipping News

Mauritians Protest ‘Failed’ Government Response to Wakashio Oil Spill

By Kamlesh Bhuckory (Bloomberg) — Tens of thousands took to the streets in the southeastern region of Mauritius to show discontent over the handling of

September 13, 2020
Total Views: 423

U.S. Gulf Coast Prepares for Second Hurricane in a Month
Shipping News

U.S. Gulf Coast Prepares for Second Hurricane in a Month

HOUSTON, Sept 13 (Reuters) – Tropical Storm Sally strengthened off the west coast of Florida on Sunday and was poised to become a hurricane, bringing the

September 13, 2020
Total Views: 48

Friday, September 11, 2020
Seafarers Caught in ‘Perfect Storm’, Seafarer Rights Group Says
Shipping News

Seafarers Caught in ‘Perfect Storm’, Seafarer Rights Group Says

A bulk carrier runs aground in Mauritius, spilling 1,000 tonnes of bunker fuel resulting in an environmental catastrophe. Forty crew members from a livestock

September 11, 2020
Total Views: 174

Migrants Disembarked from Maersk Etienne in Mediterranean
Shipping News

Migrants Disembarked from Maersk Etienne in Mediterranean

Maersk Tankers has announced the safe disembarkation of 27 migrants from the Maersk Etienne tanker in the Mediterranean. The disembarkation comes 38 days after

September 11, 2020
Total Views: 135

Oil Traders Snap Up Tankers in Sign of Second-Wave Contango
Shipping

Oil Traders Snap Up Tankers in Sign of Second-Wave Contango

By Sheela Tobben and Javier Blas (Bloomberg) –Some of the world’s biggest oil traders are getting ready for the possible resurgence of a

September 11, 2020
Total Views: 137