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 9, 2017
Panama Canal tugboat
News

Panama Canal Sets Back-to-Back-to-Back Tonnage Records

The Panama Canal set yet another daily tonnage record in February 2017 with a total of 1,180 vessel transits totaling 1.18 million Panama Canal tons (PC/UMS).

March 9, 2017
Total Views: 88

America May Be the World’s Biggest LNG Supplier in Two Decades
News

America May Be the World’s Biggest LNG Supplier in Two Decades

By Ryan Collins and Robert Tuttle (Bloomberg) — By 2035, the U.S. may have surpassed Australia and Qatar to become the world’s biggest supplier of

March 9, 2017
Total Views: 48

Aircraft Carriers, Championed by Trump, are Vulnerable to Attack
News

Aircraft Carriers, Championed by Trump, are Vulnerable to Attack

By Scot Paltrow WASHINGTON, March 9 (Reuters) – Last week, President Donald J. Trump chose the deck of the newest U.S. aircraft carrier, the $13 billion

March 9, 2017
Total Views: 98

Wind Power Blows Through Nuclear, Coal as Costs Drop at Sea
Offshore

Wind Power Blows Through Nuclear, Coal as Costs Drop at Sea

By Jessica Shankleman and Brian Parkin (Bloomberg) — Water and electric power plants don’t mix well naturally, unless you add some wind. Water tends to

March 9, 2017
Total Views: 144

Wednesday, March 8, 2017
Crew Boat Miss Lynda Runs Aground on Louisiana Jetty -Incident Photos
Interesting

Crew Boat Miss Lynda Runs Aground on Louisiana Jetty -Incident Photos

The U.S. Coast Guard is coordinating salvage for the crew boat Miss Lynda which ran aground on a jetty near Cameron, Louisiana on Wednesday. The

March 8, 2017
Total Views: 291

Homeowner Irate at Cruise Ship Too Close to Backyard -Video
Interesting

Homeowner Irate at Cruise Ship Too Close to Backyard -Video

https://www.youtube.com/watch?v=AMRPJ7akbHk Hey I feel for Bill here. I recently purchased my first house and I’ll be damned if some cruise ship

March 8, 2017
Total Views: 97

Rolls-Royce to Open Remote Controlled and Autonomous Shipping Center in Finland
News

Rolls-Royce to Open Remote Controlled and Autonomous Shipping Center in Finland

Rolls-Royce has announced plans to open a global research and development center for the advancement of remote controlled and autonomous shipping technology in

March 8, 2017
Total Views: 174

Inmarsat Reports Earnings Rise, Says Outlook Unclear
Shipping News

Inmarsat Reports Earnings Rise, Says Outlook Unclear

By Paul Sandle LONDON, March 8 (Reuters) – British satellite company Inmarsat said strong demand from governments and aviation customers in the final

March 8, 2017
Total Views: 32

McDermott to Open Manufacturing Facility at New Saudi Shipbuilding Complex
News

McDermott to Open Manufacturing Facility at New Saudi Shipbuilding Complex

By Reem Shamseddine MANAMA, March 8 (Reuters) – U.S. oilfield services and equipment provider McDermott International said on Wednesday it would build a

March 8, 2017
Total Views: 139

Tuesday, March 7, 2017
Soaring Capesize Rates Push Baltic Index Past 1,000
News

Soaring Capesize Rates Push Baltic Index Past 1,000

March 7 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at a 12-week

March 7, 2017
Total Views: 37

Singapore’s Stock Rally Looks to Be Floating on Foam
News

Singapore’s Stock Rally Looks to Be Floating on Foam

By Christopher Langner (Bloomberg Gadfly) — Read the shipping and offshore oil industry news in Singapore and you’d be forgiven for imagining the

March 7, 2017
Total Views: 47

US Starts Deploying Anti-Missile System in South Korea After North’s Latest Test
Shipping News

US Starts Deploying Anti-Missile System in South Korea After North’s Latest Test

By James Pearson and Ju-min Park SEOUL, March 7 (Reuters) – The United States started to deploy the first elements of its advanced anti-missile defense

March 7, 2017
Total Views: 80

Maersk Could Land Danish North Sea Oil Deal Within Days, Sources Say
Shipping News

Maersk Could Land Danish North Sea Oil Deal Within Days, Sources Say

By Erik Matzen COPENHAGEN, March 7 (Reuters) – Oil and shipping conglomerate A.P Moller-Maersk could land a deal with the Danish government on oil and

March 7, 2017
Total Views: 63

Monday, March 6, 2017
The MV Herald of Free Enterprise Capsized 30 Years Ago Today
News

The MV Herald of Free Enterprise Capsized 30 Years Ago Today

Today, March 6, 2017, marks 30 years since the capsizing of car and passenger ferry Herald of Free Enterprise with loss of 193 people off the Belgian coast,

March 6, 2017
Total Views: 1044

South African Competition Watchdog Seeks Penalty Against K-Line
Shipping News

South African Competition Watchdog Seeks Penalty Against K-Line

JOHANNESBURG, March 6 (Reuters) – South Africa’s competition watchdog ruled on Monday that Kawasaki Kisen Kaisha Ltd’s (K-Line), one of

March 6, 2017
Total Views: 48

maersk line
Interesting

IBM, Maersk Reveal Blockchain Solution for Global Supply Chain

Technology giant IBM (NYSE: IBM) and Maersk, owner of the leading transport and logistics company Maersk Line, have announced a potentially

March 6, 2017
Total Views: 154

Friday, March 3, 2017
U.S. Gulf Corn Hits Post-Harvest Highs as PNW Port Gridlock Persists
News

U.S. Gulf Corn Hits Post-Harvest Highs as PNW Port Gridlock Persists

By Karl Plume CHICAGO, March 3 (Reuters) – A backlog of grain ships waiting to load at U.S. Pacific Northwest (PNW) ports is threatening to persist into

March 3, 2017
Total Views: 44

vlcc supertanker
News

VLCC Rates Face Uncertainty on Tonnage Woes, Owner Resistance

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for very large crude carriers (VLCCs), which fell to four-month lows this week, face an

March 3, 2017
Total Views: 59

maersk ship
News

Booking Again: Maersk Cashes In on Europe-Asia Capacity Crunch

By Mike Wackett (The Loadstar) – After a short block on bookings this week, Maersk Line is again accepting cargo from North Europe to Asia. However the

March 3, 2017
Total Views: 98

Photo: Star Bulk
News

Asia Capesize Rates to Stay Rangebound on Abundant Tonnage

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes could remain rangebound next week

March 3, 2017
Total Views: 48