Shipping News

By Mike Wackett (The Loadstar) – “Alliances are only as stable as their member carriers,” was maritime consultant Drewry’s first comment on plans

A solo sailor attempting to break a transatlantic record with his 21-foot sailboat had to be rescued by the Coast Guard just hours into his journey on Sunday.

The U.S. Coast Guard and Shell are continuing their response to the release of some 88,200 gallons of crude oil from a subsea flow line into the Gulf of

By Letitia Stein TAMPA, Fla., May 16 (Reuters) – U.S. Coast Guard investigators on Monday resumed a probe of last year’s deadly sinking of the El

One of the best things about being out at sea is seeing the stars at

By Chris Bryant (Bloomberg) — Airlines long ago cottoned on to the fact that being part of an alliance could save them money and help them offer

Royal Caribbean this week celebrated the delivery of Harmony of the Seas, which at 227,000 gross tons is the largest cruise ship ever constructed. The ship was

The Maersk Line containership Safmarine Meru was towed to port Friday after firefighters spent five days extinguishing a fire resulting from a collision

Maersk Line is sending its first two end-of-life vessels to Alang, India to be scrapped under a new company plan aimed at developing more responsible

Norwegian shipbuilding group VARD has signed a Letter of Intent for the design and construction of two expedition cruise ships, its second such deal in as

The U.S. Coast Guard is responding to a crude oil spill reportedly discharged from a Shell subsea well-head flow line, approximately 90 miles south of

By Jonathan Saul and Vera Eckert LONDON/FRANKFURT, May 13 (Reuters) – German container shipping firm Hapag-Lloyd has formed a new alliance with five

Offshore and specialized shipbuilder VARD has secured a $300 million to design and build “module carriers” as the company continues to look past

By Louis Charbonneau UNITED NATIONS, May 12 (Reuters) – The United Nations Security Council on Thursday removed from a U.N. blacklist an Indian-flagged

By Christine Kim SEOUL, May 12 (Reuters) – They are South Korea’s “too-big-to-fail” firms – the world’s largest

By Kyunghee Park (Bloomberg) — China’s Cosco Pacific Ltd. will pay 125.4 million euros ($143 million) for shares and loans in a container-terminal

By Jonathan Saul LONDON, May 11 (Reuters) – Talks between the Baltic Exchange and a number of suitors are continuing, but any potential buyer of the

This incident apparently occurred recently in the Gulf of Izmit. Luckily it appears whoever may have been aboard the small boat did not hurt, but they easily

French container shipping company has pulled the 18,000 TEU CMA CGM Benjamin Franklin from the trans-pacific market, officially ending – or at least

By Roslan Khasawneh May 11 (Reuters) – The UK Supreme Court ruled in favour of bankrupt marine fuel supplier OW Bunker Malta in a dispute over payment