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, September 8, 2016
Deep Investment Cuts Slow Rebound for Offshore Oil Services -Bourbon
News

Deep Investment Cuts Slow Rebound for Offshore Oil Services -Bourbon

PARIS, Sept 8 (Reuters) – French oil services company Bourbon said on Thursday that any rebound in oil and gas prices will take a while to reach

September 8, 2016
Total Views: 38

hanjin long beach
News

Hanjin Cargo Woes Deepen as Bank Cools Plea for Funds

By Jane Chung and Joyce Lee SEOUL, Sept 8 (Reuters) – Will 80 tonnes of spicy kimchi stuck aboard three Hanjin Shipping vessels bobbing off the coast of

September 8, 2016
Total Views: 61

Ship Photos of the Day – World’s Largest Pure Car and Truck Carrier, Höegh Target, Transits Expanded Panama Canal
Shipping News

Ship Photos of the Day – World’s Largest Pure Car and Truck Carrier, Höegh Target, Transits Expanded Panama Canal

The world’s largest Pure Car and Truck Carrier (PCTC) Höegh Target is transiting the new locks of the expanded Panama Canal on Thursday. The

September 8, 2016
Total Views: 320

stern of the El Faro as seen from underwater ROV
Shipping News

U.S. Coast Guard Investigation Board Releases Transcripts from El Faro Hearing

The U.S. Coast Guard Marine Board of Investigation has completed its review of the transcripts for the first public hearing session into the loss of the SS El

September 8, 2016
Total Views: 105

Shipbuilding Groups Damen, Fincantieri in Running for STX France -Report
News

Shipbuilding Groups Damen, Fincantieri in Running for STX France -Report

PARIS, Sept 8 (Reuters) – Dutch group Damen shipyards and Italian group Fincantieri are the two potential buyers that have emerged for STX France, a

September 8, 2016
Total Views: 42

Wednesday, September 7, 2016
First LNG Containership Conversion Taking Place in 2017
News

First LNG Containership Conversion Taking Place in 2017

The first conversion of a containership from diesel to clean-burning liquified natural gas fuel will take place next year, international classification society

September 7, 2016
Total Views: 61

South Korea Court Seeks Funds for Hanjin as Crisis Deepens
Shipping News

South Korea Court Seeks Funds for Hanjin as Crisis Deepens

By Joyce Lee and Shin-hyung Lee SEOUL, Sept 7 (Reuters) – A South Korean court presiding over Hanjin Shipping Co Ltd’s receivership has asked the

September 7, 2016
Total Views: 24

ABB Claims Greater Fuel Efficiency with New Azipod Propulsion Line
News

ABB Claims Greater Fuel Efficiency with New Azipod Propulsion Line

  Swiss-based power and automation company ABB is launching a new version of its popular Azipod propulsion unit that it says is up to 10 percent more

September 7, 2016
Total Views: 550

U.S. Coast Guard Searching for Overboard Passenger from Carnival Cruise Ship Near Bahamas
Shipping News

U.S. Coast Guard Searching for Overboard Passenger from Carnival Cruise Ship Near Bahamas

The U.S. Coast Guard is searching for a woman who reportedly fell overboard Wednesday from the Carnival Ecstasy cruise ship approximately 27 miles southwest of

September 7, 2016
Total Views: 54

Two Buyers Eyeing Struggling STX France -Sources
Shipping News

Two Buyers Eyeing Struggling STX France -Sources

NANTES, France Sept 7 (Reuters) – Two potential buyers have emerged for STX France, a shipyard subsidiary of the struggling South Korean group STX Corp,

September 7, 2016
Total Views: 32

hanjin long beach
Shipping News

Sinking Shipping Lines Won’t Help Buoy Survivors

By David Fickling and Rani Molla (Bloomberg Gadfly) — Here’s some good news for the hard-pressed shipping industry: Of the top 15 container lines

September 7, 2016
Total Views: 26

Tuesday, September 6, 2016
Shipping Containers stacked in the Port Of Barcelona, Spain.
Shipping News

Samsung Says $38 Million of Goods On Board Two Hanjin Vessels

by Kyunghee Park (Bloomberg) Samsung Electronics Co., the world’s biggest smartphone maker, said about $38 million of its goods and parts were on board two

September 6, 2016
Total Views: 51

Interesting

Food, Water Dwindling Aboard Hanjin Ghost Ships

by Sohee Kim (Bloomberg) South Korea’s cash-strapped Hanjin Shipping is adrift at sea — and in more ways than one. Hanjin is one of the world’s

September 6, 2016
Total Views: 76

U.S. Judge Grants Hanjin Temporary Protection from Creditors
Shipping News

U.S. Judge Grants Hanjin Temporary Protection from Creditors

By Jim Christie SAN FRANCISCO, Sept 6 (Reuters) – Korean shipping line Hanjin Shipping Co Ltd won an order on Tuesday from a U.S. judge extending

September 6, 2016
Total Views: 18

US Navy Freedom Class Littoral Combat Ship (LCS)
Shipping News

U.S. Navy Commander Orders Stand Down of LCS Engineering Crews Following Mishaps

The U.S. Navy Commander for Naval Surface Forces has ordered an engineering stand down for every LCS crew to review procedures and standards following the

September 6, 2016
Total Views: 78

Houston Ship Channel Reopens to Vessel Traffic Following Tanker Fire
News

Houston Ship Channel Reopens to Vessel Traffic Following Tanker Fire

Update: The Coast Guard Captain of the Port reopened the Houston Ship Channel to all vessel traffic at 3:31 p.m. Tuesday. The Upper Houston Ship Channel was

September 6, 2016
Total Views: 51

Semi-Submersible to Provide Stricken Rig Transocean Winner with Lift to Turkish Shipbreaker
Accidents

Semi-Submersible to Provide Stricken Rig Transocean Winner with Lift to Turkish Shipbreaker

A Norwegian semi-submersible heavy lift vessel has been contracted to transport the stricken drilling rig Transocean Winner from Scotland’s Isle of Lewis

September 6, 2016
Total Views: 202

carnival cruise ship
News

Carnival Orders Three LNG-Powered Cruise Ships at Meyer Yards

The world’s largest cruise ship company, Carnival Corporation, is expanding its LNG-powered fleet by signing a memorandum of agreement with leading

September 6, 2016
Total Views: 24

Tanker Fire, Bunker Spill Closes Houston Ship Channel
News

Tanker Fire, Bunker Spill Closes Houston Ship Channel

A tanker fire caused by a bunker fuel leak closed a 1 mile section of the Houston Ship Channel overnight as crews worked to contain the spill and

September 6, 2016
Total Views: 104

Hanjin Raising Funds To Unload Stranded Cargo Ships
Shipping News

Hanjin Raising Funds To Unload Stranded Cargo Ships

By Joyce Lee and Hyunjoo Jin SEOUL, Sept 6 (Reuters) – Hanjin Shipping’s parent firm plans to raise 100 billion won ($90 million) to fund the

September 6, 2016
Total Views: 125