Shipping News

Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.


Wednesday, June 22, 2016
Subsea 7 stock photo
Shipping News

Subsea 7 to Cut 1,200 More Jobs

Offshore engineering and construction contractor Subsea 7 has announced a second phase of global downsizing that will include the elimination of about 1,200

June 22, 2016
Total Views: 118

World’s First Offshore Fish Farm Rig to be Moored Off Norway
News

World’s First Offshore Fish Farm Rig to be Moored Off Norway

One of the world’s largest salmon producers is looking to the offshore oil and gas industry for inspiration with the development of a semi-submersible

June 22, 2016
Total Views: 732

Dutch Foundation Unveils Prototype System to Rid the World’s Oceans of Plastic
Shipping News

Dutch Foundation Unveils Prototype System to Rid the World’s Oceans of Plastic

A Dutch foundation developing an advanced clean-up system to rid the world’s oceans of plastic has unveiled its first-ever prototype to be launched later

June 22, 2016
Total Views: 40

Insurer Says MV Benita Grounding a Medical Issue, Not Mutiny
Accidents

Insurer Says MV Benita Grounding a Medical Issue, Not Mutiny

The insurer of a Liberian-flagged bulk carrier which ran aground last week in Mauritius following an apparent brawl on board says that the incident was

June 22, 2016
Total Views: 837

Time-Lapse Video: Take a Trip Through the Expanded Panama Canal Locks
Shipping News

Time-Lapse Video: Take a Trip Through the Expanded Panama Canal Locks

Great time-lapse video showing a trial transit of the Panama Canal’s new Atlantic-facing Agua Clara locks from a pilot’s perspective. The vessel is

June 22, 2016
Total Views: 219

cargo ship
Shipping News

RBS Receives Bids for Greek Shipping Business, Sources Say

By Jonathan Saul, Sophie Sassard and Andrew MacAskill LONDON, June 22 (Reuters) – The Royal Bank of Scotland has received bids for its Greek ship finance

June 22, 2016
Total Views: 17

Tuesday, June 21, 2016
Rolls-Royce on Drone Ships: It’s Not If, It’s When
News

Rolls-Royce on Drone Ships: It’s Not If, It’s When

Representatives from the Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative (AAWA) are in Amsterdam this week to discuss the

June 21, 2016
Total Views: 135

European Central Bank Hones In on Shipping Loans
News

European Central Bank Hones In on Shipping Loans

By Andreas Kröner FRANKFURT, June 21 (Reuters) – The European Central Bank is taking a hard look at lenders’ ship financing portfolios amid a

June 21, 2016
Total Views: 43

‘Megaship’ Cost Advantages Seen Disappearing Due to Low Oil Prices and Overcapacity
News

‘Megaship’ Cost Advantages Seen Disappearing Due to Low Oil Prices and Overcapacity

By Gavin van Marle (The Loadstar) – The continuing cost-per-slot supremacy of ultra-large container vessels (ULCVs) was called into question by speakers

June 21, 2016
Total Views: 86

China COSCO Shipping Planning Cruise Route in Disputed South China Sea
News

China COSCO Shipping Planning Cruise Route in Disputed South China Sea

SHANGHAI, June 21 (Reuters) – State-owned China COSCO Shipping Corp plans to launch cruise trips in the South China Sea next month, with the first route

June 21, 2016
Total Views: 140

Maersk Battles to Stay On Top as Container Shipping Downturn Deepens
News

Maersk Battles to Stay On Top as Container Shipping Downturn Deepens

By Jonathan Saul LONDON, June 21 (Reuters) – Denmark’s Maersk Line is fighting to remain the world’s no.1 container shipping carrier as a

June 21, 2016
Total Views: 81

Cameron Says ‘Brits Don’t Quit’ in Plea to Stave Off Brexit
Shipping News

Cameron Says ‘Brits Don’t Quit’ in Plea to Stave Off Brexit

By Robert Hutton, Alex Morales and Svenja O’Donnell (Bloomberg) — Prime Minister David Cameron made an impassioned plea to the British people to

June 21, 2016
Total Views: 34

Monday, June 20, 2016
USCG Publishes Long-Awaited Subchapter M Final Rule
News

USCG Publishes Long-Awaited Subchapter M Final Rule

The U.S. Coast Guard on Monday published the final rule of its new and long-awaited towing vessel regulations known as Subchapter M establishing new

June 20, 2016
Total Views: 149

Meyer Turku Delivers Mein Schiff 5 Ahead of Schedule
News

Meyer Turku Delivers Mein Schiff 5 Ahead of Schedule

Finnish shipyard Meyer Turku on Monday delivered the cruise ship Mein Schiff 5 to TUI Cruises a full ten days ahead of schedule.  Construction of the

June 20, 2016
Total Views: 74

Grounded Bulk Carrier Refloated from Famous Philippine Reef
News

Grounded Bulk Carrier Refloated from Famous Philippine Reef

A Panamanian-flagged bulk carrier has been refloated after running aground on at a world-famous diving site off Cebu, Philippines last week. The ship, MV Belle

June 20, 2016
Total Views: 113

Southeast Asia Nations Create Shipping Corridor in Battle Against Piracy
News

Southeast Asia Nations Create Shipping Corridor in Battle Against Piracy

MANILA, June 20 (Reuters) – Indonesia, Malaysia and the Philippines on Monday agreed to designate a transit corridor for commercial vessels crossing a

June 20, 2016
Total Views: 86

Fishing vessel offshore
News

Fishermen Held Over Killing of Captain, Engineer Off South Korea

SEOUL, June 20 (Reuters) – Two Vietnamese crewmen on a South Korean fishing vessel in the Indian Ocean have allegedly stabbed and killed the ship’s

June 20, 2016
Total Views: 27

seadrill drillship
Offshore

India’s ONGC Plans Biggest Crude Exploration Binge

By Saket Sundria, Debjit Chakraborty and Dhwani Pandya (Bloomberg) — Oil and Natural Gas Corp., India’s biggest explorer, is preparing to spend on its

June 20, 2016
Total Views: 37

Friday, June 17, 2016
Bulk Carrier Hard Aground in Mauritius After Fight On Board
Interesting

Bulk Carrier Hard Aground in Mauritius After Fight On Board

Update: Insurer Says Benita Grounding a Medical Issue, Not Mutiny A 44,000 DWT bulk carrier is hard aground in Mauritius after a fight apparently broke out on

June 17, 2016
Total Views: 1296

All Safe After Passenger Ferry Becomes Pinned Against Pier in Italy – VIDEO
News

All Safe After Passenger Ferry Becomes Pinned Against Pier in Italy – VIDEO

Dozens of passengers and crew found themselves leaping from a heavily rolling ferry which became stuff against a pier at an island off Sicily on Thursday.

June 17, 2016
Total Views: 472