Shipping News

By Keith Wallis SINGPAORE, Feb 23 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-week highs on

International classification society ABS has been awarded accreditation by Greece’s National Accreditation Body to perform assessments for European Union

Update (Thursday, Feb 23): Tugs have taken the stricken barge carrier Tide Carrier under tow and the ship is no longer in danger of grounding. The

APM Terminals on Wednesday revealed plans to bring so-called ‘megaships’ to the Port of New York and New Jersey with a massive increase to its

SINGAPORE, Feb 22 (Reuters) – Singapore’s Sembcorp Marine Ltd (SembMarine) swung to profit in the fourth quarter of 2016 after provisions pulled

By Mike Wackett (The Loadstar) – A sharp increase in steel prices has prompted a new wave of vessel scrapping, bringing the supply-demand ratio in

Teekay’s MEGI LNG carrier Creole Spirit is celebrating one year in operation. The Creole Spirit was delivered to its owner Cheniere Energy in February

Feb 21 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday for a

By Laura Blewitt (Bloomberg) — The biggest gasoline market in the U.S. is bursting at the seams. Traders are lining up to export gasoline and diesel from

Here’s a look at the heavy surf sea trials of Safehaven Marine’s new XSV 17 craft during several days of recent storms to hit

By Michel Rose PARIS, Feb 17 (Reuters) – France does not want Italian shipbuilding group Fincantieri to hold more than 50 percent of bid target STX

BAGHDAD, Feb 17 (Reuters) – Iraq plans to acquire a “large fleet” of oil tankers to transport the OPEC nation’s crude to global

The new Gas4Sea partnership has taken delivery of the world’s first purpose-built LNG bunkering vessel from Hanjin Heavy Industries and Construction in

Feb 14 (Reuters) – A Royal Caribbean cruise ship remained in a Florida port on Tuesday morning after U.S. Coast Guard inspectors halted its departure

Update 2: NTSB Says Icing Caused Fatal Sinking of FV Destination in Bering Sea Update 1: Searchers Locate FV Destination Wreck in Bering Sea The U.S.

By Liam Denning (Bloomberg Gadfly) — GasLog Partners LP is an unsexy business operating in decidedly ugly times. So, naturally, it’s worth a

Update: Searchers Locate FV Destination Wreck in Bering Sea Tuesday Update: The search has been suspended. Update here.  Monday: The U.S. Coast Guard is

Another incident video to show you today after the luxury cruise ship Seabourn Encore apparently broke its moorings in high winds and collided with another

An Isle of Man ro-pax ferry was damaged after crashing into a pier in strong winds on Sunday. The Ben-my-Chree made contact with the pier while docking at port

By Jessica Shankleman (Bloomberg) — Wind farm developers installed more power than any other form of energy last year in Europe, helping turbines to