Shipping News

By Ole Mikkelsen COPENHAGEN, Feb 10 (Reuters) – Denmark’s A.P. Moller-Maersk tumbled to a loss of $2.5 billion in the last three months of 2015

The world’s leading designer of membrane containment systems has linked up one of the world’s biggest shipbuilders to advance the commercial

By Mike Wackett (The Loadstar) – The jury is out as to whether the dramatic fall in oil prices in the past two years has produced a net benefit

By Suzi Ring (Bloomberg) — A conman posing as a millionaire London trader who defrauded a Dutch shipping company of 100 million euros ($113 million) was

The U.S. Coast Guard published guidance February 5th that allows mariners to use electronic charts and publications instead of paper charts, maps and

By Jonathan Saul LONDON, Feb 9 (Reuters) – A British-led initiative to create a back-up to satellite navigation systems for ships has been pulled after

An Indonesian cargo ship has been banned from Australian waters for the second time in less than twelve months and following five detentions in just over 3

By Michael McDonald (Bloomberg) — Manuel Coronel Kautz isn’t a man who’s easily deterred. Good thing. Because as head of Nicaragua’s Canal

By Tony Capaccio (Bloomberg) — Two top senators on defense issues say U.S. Navy leaders should consider delaying deployment of the new Littoral Combat

One of the world’s biggest containerships remains hard aground in Germany’s Elbe River just outside the shipping channel leading to the port of

By Tony Tamuno and Paul Wallace (Bloomberg) — Nigeria’s navy foiled an attempt by pirates to hijack a container ship operated by A.P. Moeller-Maersk

Mississippi Governor Phil Bryant and officials from Edison Chouest Offshore (ECO) announced Monday the company is locating shipbuilding operations at

By David Wethe (Bloomberg) — Diamond Offshore Drilling Inc. is turning over care and handling of the massive rig safety devices designed to stop well

Feb 8 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new

By Sam Whelan (The Loadstar) Maersk Line is preparing an awareness campaign to alert shippers to container weighing regulations that come

The influential education-research company Princeton Review, just published its 2016 annual college handbook and ranked the State University of New

by Hashem Kalantari  Deena Kamel  (Bloomberg) Iran will start sending 300,000 barrels a day of crude to Europe, 54 percent of the total it

The CSCL Indian Ocean, one of the world’s biggest containerships, is still stuck on the Elbe River after the giant containership ran aground on its

A new report by NGO Shipbreaking Platform reveals that more than 60% of 768 ships sold for scrap last year were broken on the beaches of India, Pakistan

Crowley Maritime Corp. has christened its second LNG-ready product tanker for use in the Jones Act coastwise trade. The 50,000 dead-weight-ton (dwt),