Shipping News

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

by Kyunghee Park (Bloomberg) South Korea said Hanjin Shipping will try to steer vessels to ports to unload cargo as the government tries to contain global

The new Service Operations Vessel (SOV) Windea La Cour, the first vessel to feature the X-Stern hull, has commenced working in the 600 megawatt Gemini wind

A federal jury in Greenville, North Carolina, has convicted Oceanic Illsabe Limited, Oceanfleet Shipping Limited and two of their employees of violating the

By Chanyaporn Chanjaroen (Bloomberg) — Swiber Holdings Ltd. said its court-appointed managers have indicated a “reasonable prospect” of saving

By Joe Mayes (Bloomberg) — CMA CGM SA bonds hit a record low after the container-shipping line’s quarterly profit plunged on weak freight rates. The

Swiss petrochemical company INEOS has announced that the first cargo of ethane to be exported from Enterprise’s Morgan’s Point, Texas terminal

Sept 3 (Reuters) – Tropical Storm Hermine plowed across North Carolina’s Outer Banks on Saturday, threatening the U.S. East Coast with a mix of

By Manuel Mogato (Reuters) Southeast Asian countries and China will establish hotlines and adopt communications protocols to avoid potential naval clashes

Soaring into the weekend

The rusted hulk of what was once the Costa Concordia made its final journey to a dry dock in Italy where it will be cut up and recycled once

By Joyce Lee and Keith Wallis (Reuters) Roughly half of Hanjin Shipping Co‘s container vessels have been blocked from ports

By Saket Sundria and Debjit Chakraborty (Bloomberg) — State-run Shipping Corp. of India Ltd., struggling for respite from an industry downturn, plans to

By Mike Wackett (TheLoadstar) Captains on bankrupt Hanjin Shipping vessels have been ordered to slow steam or stop altogether to avoid the risk of being served

A 9,000 TEU containership suffered a major fire in its cargo area while berthed the port of Hamburg on Thursday. The Hamburg Water Police reports that the 300

By Ying Fu (Bloomberg View) — As the leaders of China and the U.S. meet in Hangzhou ahead of this weekend’s Group of 20 summit, many would like to

By Joyce Lee and Hyunjoo Jin SEOUL, Sept 1 (Reuters) – Hanjin Shipping Co Ltd vessels have been seized at Chinese ports in the wake of the South Korean

International classification society ABS says it has classed the world’s largest ethane/ethylene capable liquefied gas carrier Navigator Aurora. The ship has

By Gavin van Marle, (The Loadstar) – The largest bankruptcy ever to take place in container shipping now appears inevitable after the board of Hanjin

Offshore oil and gas operators have shut-in approximately 19.52 of of the current oil production in the Gulf of Mexico as Tropical Storm Hermine makes its way