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, August 30, 2016
Oil Tanker SN_OLIVIA
Shipping News

Iraq Blacklists Tankers Transporting Kurdish Crude Oil

By Dmitry Zhdannikov (Reuters) Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the

August 30, 2016
Total Views: 120

Shipping News

Offshore Vessels Detained In Aberdeen Over Unpaid Wages

by Polly Toynbee (TheGuardian) M/V Malaviya Twenty has been moored in Great Yarmouth docks since December. To look at, it’s no rustbucket, kept in good shape

August 30, 2016
Total Views: 33

Sea Shepherd Announces Anti-Whaling Campaign Despite U.S. Settlement
Shipping News

Sea Shepherd Announces Anti-Whaling Campaign Despite U.S. Settlement

The controversial marine conservation group Sea Shepherd will once again be sending vessels down to the South Ocean later this year despite an agreement to

August 30, 2016
Total Views: 137

Transocean Winner aground in Scotland.
Shipping News

Plan for Stricken Rig Transocean Winner Still To Be Determined

Future plans for the offshore oil rig Transocean Winner which ran aground on Scotland’s Isle of Lewis earlier this month are still uncertain as the rig

August 30, 2016
Total Views: 37

Hanjin Containership In Port
News

South Korea’s Hanjin Shipping Becomes Symbol of Industry in Trouble

By Kyunghee Park and Christian Wienberg (Bloomberg) — Hanjin Shipping Co. is hardly a bellwether in the world of container movers. As lenders halt all

August 30, 2016
Total Views: 93

Monday, August 29, 2016
Hanjin Containership In Port
Finance

Hanjin Shipping Lenders Pull Out as Restructuring Plan Rejected

By Sohee Kim and Kyunghee Park (Bloomberg) — Creditors of Hanjin Shipping Co. won’t extend support for South Korea’s biggest container shipping line

August 29, 2016
Total Views: 76

north sea oil rig with offshore workboat alongside
News

Big Oil Seems to Be Falling Out of Love With Big Projects

By Liam Denning (Bloomberg Gadfly) — Big Oil just doesn’t seem to be as enamored with the ‘big’ thing as it once was. Another major

August 29, 2016
Total Views: 96

Passenger Vessel Carrying 447 Smashes Pier in Baltimore
Shipping News

Passenger Vessel Carrying 447 Smashes Pier in Baltimore

A passenger vessel carrying nearly 450 people struck a pier in Baltimore on Sunday, causing damage but no serious injuries among passengers or crew. The U.S.

August 29, 2016
Total Views: 47

Littoral Combat Ship USS Freedom Suffers Engine Casualty
Interesting

Littoral Combat Ship USS Freedom Suffers Engine Casualty

The U.S. Navy is investigating a casualty to one of the main propulsion diesel engines (MPDE) on board the first littoral combat ship USS

August 29, 2016
Total Views: 301

Oil Executives See Market ‘Volatility’ Through 2017
Shipping News

Oil Executives See Market ‘Volatility’ Through 2017

By Mikael Holter and Rakteem Katakey (Bloomberg) — Crude markets will continue to be plagued by volatility in the short and medium term after suffering

August 29, 2016
Total Views: 18

Johan Sverdrup
Shipping News

Statoil Shaves $2.9 Billion Off Cost of Johan Sverdrup Development

By Jonas Cho Walsgard and Mikael Holter (Bloomberg) — Statoil ASA lowered development costs for the start-up at its giant Johan Sverdrup oilfield by $2.9

August 29, 2016
Total Views: 45

troll a
News

Statoil Expects “Loads of” M&A Deals Coming Up [Interview]

STAVANGER, Norway, Aug 29 (Reuters) – John Knight, Statoil’s executive vice-president for global strategy and business development, told Reuters on

August 29, 2016
Total Views: 22

dockwise vanguard malo st. jack
Blog

MegaMachines: Dockwise Vanguard, World’s Largest Heavy Lift Ship

With its open deck measuring 275 meters by 70 meters and capacity to lift 117,000 metric tons, the semi-submersible Dockwise Vanguard is the largest heavy lift

August 29, 2016
Total Views: 2814

Sunday, August 28, 2016
hurtigruten cruise ship MS Finnmarken
Finance

Hurtigruten Attracts Private Equity

Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain Capital and TPG, according to people familiar with the

August 28, 2016
Total Views: 1268

Saturday, August 27, 2016
The New Imperial Star casino cruiser is seen at Victoria Harbour in Hong Kong
Shipping News

As Shipowners Slash Costs, Some Crews Are Left Behind

By Keith Wallis (Reuters) Unpaid, underfed, and thousands of miles from home on a rusting tanker, captain Munir Hasan says he is a victim of a shipowner who

August 27, 2016
Total Views: 124

Friday, August 26, 2016
Matson Kanaloa Class
News

Matson Orders Two ‘LNG-Capable’ ConRos for $511 Million

Matson, Inc has placed an order for two new combination container and roll-on/roll-off vessels to add to its Hawaii fleet at a contract price of $511 million.

August 26, 2016
Total Views: 118

HLC_Neubau_Expedition
Shipping News

Vard Inks Order for Two Polar-Class Cruise Ships

Hapag-Lloyd Cruises has ordered two new expedition-style cruise ships at Vard as the Hamburg-based cruise company looks to expand in the segment. The two

August 26, 2016
Total Views: 85

Bulker under construction at Yangzijiang Shipbuilding in China
News

Chinese Shipbuilder to Cut 2,000 More Jobs Amid Ordering Slump

SINGAPORE, Aug 26 (Reuters) – Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent

August 26, 2016
Total Views: 25

Hapag-Lloyd CEO Says UASC Merger Benefits Arriving in 2017
News

Hapag-Lloyd CEO Says UASC Merger Benefits Arriving in 2017

HAMBURG, Aug 26 (Reuters) – German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from its

August 26, 2016
Total Views: 27

Norwegian Cruise Operator Hurtigruten Seeking Buyer
News

Norwegian Cruise Operator Hurtigruten Seeking Buyer

By Sarah Syed and Kiel Porter (Bloomberg) — Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain

August 26, 2016
Total Views: 130