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, February 23, 2016
‘Naming and Shaming’ Undermines Progress Made on Ship Beaching, Largest Cash Buyer Says
News

‘Naming and Shaming’ Undermines Progress Made on Ship Beaching, Largest Cash Buyer Says

The world’s largest cash buyer of ships for recycling is calling on the shipping industry to support the recycling businesses that are striving to

February 23, 2016
Total Views: 73

Shell Seals Offshore Oil and Gas Deal With Bulgaria
News

Shell Seals Offshore Oil and Gas Deal With Bulgaria

By Slav Okov (Bloomberg) — Royal Dutch Shell Plc signed a five-year contract for oil and natural gas exploration in the deep waters of the Black Sea off

February 23, 2016
Total Views: 87

asia vision lng carrier
News

Petrobras Emerges as Buyer of First U.S. Shale Gas Export

By Sabrina Valle and Harry R. Weber (Bloomberg) — Petroleo Brasileiro SA, Brazil’s state-owned energy company, is scheduled to receive the first cargo

February 23, 2016
Total Views: 89

us oil exports
News

‘Liquid Freedom’ Sails From Texas, Tilting Power in Global Oil

By Joe Carroll and Harry R. Weber (Bloomberg) — The sea stretched toward the horizon last New Year’s Eve as the Theo T, a red-and-white tug at her

February 23, 2016
Total Views: 41

China’s Island Radar Bigger Threat Than Missiles, CSIS Says
News

China’s Island Radar Bigger Threat Than Missiles, CSIS Says

By David Tweed (Bloomberg) — China may be building a high-frequency radar installation in the disputed South China Sea, posing a bigger threat to the

February 23, 2016
Total Views: 92

Monday, February 22, 2016
Tanker Captain Pleads Guilty to Felony Obstruction in ‘Magic Pipe’ Pollution Case
News

Tanker Captain Pleads Guilty to Felony Obstruction in ‘Magic Pipe’ Pollution Case

A Filipino ship captain has pleaded guilty to one felony count for obstructing a U.S. Coast Guard investigation into pollution crimes aboard his ship. Genaro

February 22, 2016
Total Views: 57

dry bulk ship, bulker
News

Shipping and Steel are in a Dangerous Deflationary Dance -View

By Chris Bryant (Bloomberg) — The global steel and shipping industries have for years been locked in a tight embrace. Iron ore and coal, key raw

February 22, 2016
Total Views: 99

Qatargas, Shell and Maersk Join Forces to Develop LNG as Marine Fuel
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Qatargas, Shell and Maersk Join Forces to Develop LNG as Marine Fuel

COPENHAGEN, Feb 22 (Reuters) – Qatar and Royal Dutch Shell have agreed to develop liquefied natural gas (LNG) as a marine fuel for use by the

February 22, 2016
Total Views: 53

German Bank NordLB in Joint Venture to Advise on Restructuring of Bad Ship Loans
News

German Bank NordLB in Joint Venture to Advise on Restructuring of Bad Ship Loans

FRANKFURT, Feb 22 (Reuters) – German bank NordLB and two partners have formed a joint venture that will specialise in advising on the restructuring of

February 22, 2016
Total Views: 26

asia vision lng carrier
News

First U.S. Shale Gas Exports Imminent as Tanker Docks at Sabine Pass

By Jacob Gronholt-Pedersen Feb 22 (Reuters) – A liquefied natural gas (LNG) tanker on Sunday docked at the Sabine Pass terminal in Louisiana, with only

February 22, 2016
Total Views: 89

Four Tankers Headed to European Destinations with Iranian Crude
News

Four Tankers Headed to European Destinations with Iranian Crude

By Amir Bornaee, Market Analyst, EMEA Oil In recent days, tankers chartered by several European companies such as Total, Litasco, and Cepsa were monitored

February 22, 2016
Total Views: 106

Sunday, February 21, 2016
el faro wreck
Interesting

El Faro’s Final Communications Played at Hearing – LISTEN

Feb 20 (Reuters) – The captain of the doomed El Faro warned that the “clock was ticking” as his cargo ship took on water in an Atlantic

February 21, 2016
Total Views: 299

Friday, February 19, 2016
Ship Photos of the Day – Wreck of the Costa Concordia, Or At Least What’s Left of It
Interesting

Ship Photos of the Day – Wreck of the Costa Concordia, Or At Least What’s Left of It

The wreck of the Costa Concordia – or least what’s left of it – continues to be broken up in Genoa, Italy in preparation for final demolition

February 19, 2016
Total Views: 616

EL FARO Tragedy: Does Age Really Matter?
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EL FARO Tragedy: Does Age Really Matter?

By Donald Frost SS EL FARO’s age (39 years) has risen as a cause of its loss: But the issue, to my mind, is not age but inspection and

February 19, 2016
Total Views: 209

Tropical Cyclone Winston Bears Down On Fiji – 140 Knot Winds Forecasted!
News

Tropical Cyclone Winston Bears Down On Fiji – 140 Knot Winds Forecasted!

TC Winston continues to strengthen and at 06UTC 19th was located about 330 NM east of Suva, Fiji and was moving west at 12 knots.  Max winds are estimated

February 19, 2016
Total Views: 55

WATCH: Ovation of the Seas Float Out
Interesting

WATCH: Ovation of the Seas Float Out

Royal Caribbean’s next 168,666-ton Quantum-class cruise ship Ovation of the Seas was floated out of Meyer Werft’s covered building dock II on

February 19, 2016
Total Views: 319

Newly Minted COSCOCS to Keep Alliances for Now, Review Partners Later
News

Newly Minted COSCOCS to Keep Alliances for Now, Review Partners Later

SHANGHAI, Feb 19 (Reuters) – China Cosco Shipping (COSCOCS), China’s biggest shipping line, plans to carry out a careful selection of its future

February 19, 2016
Total Views: 93

Thursday, February 18, 2016
SPOTD: Megaship CMA CGM Benjamin Franklin Returns to U.S.
News

SPOTD: Megaship CMA CGM Benjamin Franklin Returns to U.S.

The CMA CGM Benjamin Franklin, the largest container ship ever to dock in North America, returned to Southern California Thursday for its second U.S. visit and

February 18, 2016
Total Views: 446

Golden Ocean CEO On Weak Market: “We are in a very serious situation”
News

Golden Ocean CEO On Weak Market: “We are in a very serious situation”

OSLO, Feb 18 (Reuters) – Dry bulk shipping firm Golden Ocean plans to raise $200 million in fresh equity, backed by its main owner billionaire John

February 18, 2016
Total Views: 84

More Icebreakers, Second Poe-Sized Lock Critical to Great Lakes Shipping, Task Force Says
News

More Icebreakers, Second Poe-Sized Lock Critical to Great Lakes Shipping, Task Force Says

Too few U.S. and Canadian icebreakers and reliance on a single Poe-sized lock to connect Lake Superior to the Lower Lakes and Seaway are among the top issues

February 18, 2016
Total Views: 93