Shipping News

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


Saturday, December 12, 2015
U.S. Senators Near Deal to Lift Oil Export Ban
News

U.S. Senators Near Deal to Lift Oil Export Ban

By Brian Wingfield and Billy House (Bloomberg) — Senate negotiators are nearing a deal to allow unfettered U.S. crude oil exports for the first time in

December 12, 2015
Total Views: 64

The U.S. Navy’s New $3 Billion Stealth Destroyer, PCU Zumwalt (DDG 1000), Rescues Fisherman at Sea
News

The U.S. Navy’s New $3 Billion Stealth Destroyer, PCU Zumwalt (DDG 1000), Rescues Fisherman at Sea

The crew aboard the U.S. Navy’s newest and most technologically advanced destroyer came to the rescue of an ailing fisherman off the coast of Maine on

December 12, 2015
Total Views: 98

Friday, December 11, 2015
WATCH: First LNG Cargo Arrives at Poland’s New LNG Receiving Terminal
Shipping News

WATCH: First LNG Cargo Arrives at Poland’s New LNG Receiving Terminal

The first LNG cargo arrived at Poland’s new LNG receiving terminal in Swinoujscie on Friday, marking a major milestone in Poland’s effort to

December 11, 2015
Total Views: 61

uss fort worth
News

Littoral Combat Ships’ Mine-Hunting Drones Can’t Find Mines, Pentagon Finds

By Tony Capaccio (Bloomberg) — The U.S. Navy’s new Littoral Combat Ship would be ineffective at hunting for mines because an underwater drone made by

December 11, 2015
Total Views: 108

Baltic Dry Index Falls Further
Shipping News

Baltic Dry Index Falls Further

Dec 11 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Friday reflecting

December 11, 2015
Total Views: 105

Maritime Security: Voyage Data Recorders Found Vulnerable to Hacking
Shipping News

Maritime Security: Voyage Data Recorders Found Vulnerable to Hacking

Researchers with the security firm IOActive have found that ships’ Voyage Data Recorders (VDRs) are vulnerable to hacking and attacks. VDRs, required for

December 11, 2015
Total Views: 82

Oil Traders Aren’t Dancing the Crude ‘Contango’ This Time Around
News

Oil Traders Aren’t Dancing the Crude ‘Contango’ This Time Around

By Naomi Christie and Rakteem Katakey (Bloomberg) — Back when the global recession trashed oil demand and prices, the likes of BP Plc and Vitol Group

December 11, 2015
Total Views: 47

It’s Official: China Confirms COSCO, China Shipping Merger
News

It’s Official: China Confirms COSCO, China Shipping Merger

By Bloomberg News (Bloomberg) — China announced plans to reorganize two major shipping groups with combined revenue of more than $40 billion, paving the

December 11, 2015
Total Views: 157

Thursday, December 10, 2015
Ahoy, the Navy’s New $4 Billion Experiment
News

Ahoy, the Navy’s New $4 Billion Experiment

(Bloomberg View) — The U.S. Navy’s newest destroyer did something amazing this week: It floated. As absurd as it sounds, it was worth finding out

December 10, 2015
Total Views: 37

ICS Urges More Action on Shipping Emissions Regardless of COP21 Outcome
Shipping News

ICS Urges More Action on Shipping Emissions Regardless of COP21 Outcome

The International Chamber of Shipping (ICS) is urging further support of CO2 reduction measures at the IMO regardless of the final outcome of the UN Climate

December 10, 2015
Total Views: 59

An oil painting of the explosion of the San José during a 1708 battle off Cartagana, Colombia. Image: Creative Commons
News

A Shipwreck Possibly Containing $17 Billion Worth of Lost Gold Has Been Found Off Colombia, And Everyone Wants a Piece

By Charles Penty (Bloomberg) — In 1708, the Spanish flagship San Jose was sunk by a British squadron near the port of Cartagena, in what is modern-day

December 10, 2015
Total Views: 3504

China Approves COSCO, China Shipping Merger, Announcement Expected Soon -Report
News

China Approves COSCO, China Shipping Merger, Announcement Expected Soon -Report

The Chinese government has reportedly approved the long-anticipated merger between two of China’s largest shipping groups, China Ocean Shipping

December 10, 2015
Total Views: 68

Does Shipping Tell the Real Story of China? You Should Hope Not
Interesting

Does Shipping Tell the Real Story of China? You Should Hope Not

By Manisha Jha (Bloomberg) — Investors betting that China’s near- insatiable appetite for industrial raw materials will drive global economic growth

December 10, 2015
Total Views: 38

CMA CGM Chiefs Eye ‘Significant’ Operational Synergies in Plan for Integrating APL
News

CMA CGM Chiefs Eye ‘Significant’ Operational Synergies in Plan for Integrating APL

By Mike Wackett,  (The Loadstar) On the assumption that CMA CGM’s acquisition of NOL receives the approval of anti-trust authorities next year,

December 10, 2015
Total Views: 58

cargo ship emissions
Shipping News

China to Toughen Emissions Controls for Ships

By Kathy Chen and Keith Wallis BEIJING/SINGAPORE, Dec 10(Reuters) – China will introduce tough controls on ship emissions at three key port areas from

December 10, 2015
Total Views: 17

Baltic Dry Index Continues to Fall Across the Board
News

Baltic Dry Index Continues to Fall Across the Board

Dec 10 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Thursday reflecting

December 10, 2015
Total Views: 18

Wednesday, December 9, 2015
Intense Video: Tanker Misses Collision with Stalled Boat by Mere Feet
Interesting

Intense Video: Tanker Misses Collision with Stalled Boat by Mere Feet

https://www.youtube.com/watch?v=Qsh5pgJCup8 This is a fabulous example of the dangers inexperienced boaters inadvertently putting themselves in harms way

December 9, 2015
Total Views: 109

MAIB Investigation Report: Collision Between Tanker and Containership Off Jebel Ali
Accidents

MAIB Investigation Report: Collision Between Tanker and Containership Off Jebel Ali

A master’s reliance on scanty VHF information and another’s failure to keep a proper lookout contributed to a collision between a containership and

December 9, 2015
Total Views: 390

COP21: Shipping Industry Absent from Draft Climate Deal
News

COP21: Shipping Industry Absent from Draft Climate Deal

A draft climate agreement resulting from 11 days of negotiations at the COP21 climate talks in Paris and published Wednesday afternoon makes no explicit

December 9, 2015
Total Views: 43

German Warship Collides With Containership in Kiel Canal
Shipping News

German Warship Collides With Containership in Kiel Canal

A German warship a collided with a containership in Germany’s Kiel Canal Wednesday morning, causing damage to both vessels. Reports say the German Navy

December 9, 2015
Total Views: 228