Shipping News

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


Tuesday, September 15, 2020
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: 102

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: 103

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: 53

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: 50

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: 68

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: 823

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: 110

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: 244

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: 454

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: 65

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: 211

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: 174

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: 157

Wakashio Charterer Mitsui OSK Lines to Contribute $9.4 Million to Recovery Fund
Shipping News

Wakashio Charterer Mitsui OSK Lines to Contribute $9.4 Million to Recovery Fund

By Yuka Obayashi and Aaron Sheldrick TOKYO, Sept 11 (Reuters) – Japan’s Mitsui OSK Lines Ltd said on Friday it would spend about 1 billion yen

September 11, 2020
Total Views: 111

Thursday, September 10, 2020
wind turbine
Offshore

BP Makes First Move in Offshore Wind

British petroleum giant BP is making its first move into the growing offshore wind market by partnering up Norway’s Equinor to develop offshore wind

September 10, 2020
Total Views: 192

tanker underway
Shipping News

Venezuela-Bound Iranian Tanker Rounds Cape of Good Hope

By Marianna Parraga Sept 10 (Reuters) – An Iranian-flagged tanker transporting fuel is sailing round Africa’s Cape of Good Hope en route to the

September 10, 2020
Total Views: 105

Changing Tack: Wind Power Sails Back Into Shipping with Swedish Venture
Shipping News

Changing Tack: Wind Power Sails Back Into Shipping with Swedish Venture

STOCKHOLM, Sept 10 (Reuters) – A Swedish consortium aims to launch commercially by 2025 a wind-driven car carrier that will emit 90% less carbon dioxide

September 10, 2020
Total Views: 276

UAE Product Tanker Intercepted on Suspicion of Arms Smuggling
Shipping News

UAE Product Tanker Intercepted on Suspicion of Arms Smuggling

ROME, Sept 10 (Reuters) – A European Union naval vessel on Thursday stopped a ship that was carrying jet fuel from the United Arab Emirates to Libya on

September 10, 2020
Total Views: 235

gulf livestock 1
Shipping News

Search for Gulf Livestock 1 Survivors Officially Suspended – Forty Crew, 5,800 Cows Lost

The search for survivors from the missing Gulf Livestock 1 has been called with two of the vessel’s 43 crew members rescued, according to a statement

September 10, 2020
Total Views: 341

golden ray salvage
Accidents

Coast Guard to Hold Public Hearing into Golden Ray Capsizing

The U.S. Coast Guard has announced a formal public hearing into the September 2019 capsizing of the vehicle carrier Golden Ray in Georgia’s St. Simons

September 10, 2020
Total Views: 488