Shipping News

The European Commission has presented new EU Operational guidelines for ships in need of assistance. The guidelines have been developed by a group comprised of

By Alaric Nightingale and Alex Longley (Bloomberg) — The world’s biggest oil companies are asking tanker operators to slow down delivery of crude amid

Some dramatic video released by the U.S. Coast Guard showing the rescue of 13 people from a luxury yacht moments before the vessel sank below the waves. The

By Mike Wackett (The Loadstar) – Lower bunker costs are “very welcome in an industry struggling to make a profit”, says shipping industry association

The Mexican government is hoping to dismantle the bulk carrier Los Llanitos in the same spot at which it ran aground in October during Hurricane Patricia. The

BG Group and Keppel Offshore & Marine have secured a license to supply LNG bunkers to vessels in the Port of Singapore after submitting a joint bid to the

Jan 27 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, hit a record low on

A offshore wind farm jack-up barge has grounded in the North Sea off Denmark after its tow line parted in heavy weather. Offshore wind market service provider

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc won shareholder approval to buy BG Group Plc, sealing its biggest acquisition amid the worst

MADRID, Jan 26 (Reuters) – Spain’s Supreme Court sentenced the captain of the Prestige oil tanker, which sank off Spain’s northwestern coast

Families of ten victims in the tragic sinking of the El Faro have reached a settlement with the ship’s owner over the disaster. The 10 families have

By Jonathan Saul LONDON, Jan 26 (Reuters) – Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still

By Jonathan Saul LONDON, Jan 26 (Reuters) – Norwegian-born billionaire John Fredriksen has teamed up with investment bank Arctic Securities to form a

The first of a series of ice-class LNG carriers set to transport cargo from the Yamal LNG project in northwest Siberia to Europe and Asia has been

COPENHAGEN, Jan 26 (Reuters) – Global container ship capacity is expected to increase by 4.6 percent in 2016, the slowest growth rate in more than 25

The Georgia Ports Authority (GPA) saw a significant growth in container volumes last year. On Monday, the authority reported that it achieved record container

The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have teamed up and developed new guidance to prevent

By Mike Wackett (The Loadstar) – Maersk Line is switching a second Asia-North Europe loop vessel to London Gateway this week after concerns over ship and

By Paul Richardson (Bloomberg) — Ships traveling through waters off the coast of Somalia face an increased risk of piracy this year, fostered by

Abu Dhabi-based petrochemical company Borouge and Maersk Line inked an agreement to reduce carbon dioxide (CO2) emissions for their shipments. The Carbon Pact