Shipping News

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


Thursday, July 2, 2020
ship emissions
Shipping News

Major Clean Energy Innovation Needed to Meet Net Zero Target, IEA Says

By Nina Chestney LONDON, July 2 (Reuters) – A global goal to achieve net zero carbon emissions by 2050 will not be met without a huge acceleration in

July 2, 2020
Total Views: 54

Pirates Kidnap Nine from BW Offshore FPSO Off Nigeria
Piracy

Pirates Kidnap Nine from BW Offshore FPSO Off Nigeria

OSLO, July 2 (Reuters) – Pirates attacked an oil production vessel off Nigeria in the early hours of Thursday and kidnapped nine Nigerian nationals, the

July 2, 2020
Total Views: 226

U.S. Seeks Seize Iranian Gasoline from Four Tankers Headed to Venezuela
Shipping News

U.S. Seeks Seize Iranian Gasoline from Four Tankers Headed to Venezuela

By Timothy Gardner and Daphne Psaledakis WASHINGTON, July 2 (Reuters) – U.S. prosecutors late on Wednesday filed a lawsuit to seize the gasoline aboard

July 2, 2020
Total Views: 60

Wednesday, July 1, 2020
Louisiana Offshore Oil Port
Shipping News

Thrown for a LOOP: Crude Exports in Surprising Surge at U.S. Offshore Port

By Laila Kearney NEW YORK, July 1 (Reuters) – Crude exports from the Louisiana Offshore Oil Port (LOOP) are hitting a record high even as U.S. crude

July 1, 2020
Total Views: 94

Wärtsilä Announces Full-Scale Ammonia Engine Test
Shipping News

Wärtsilä Announces Full-Scale Ammonia Engine Test

Finnish technology group Wärtsilä will be conducting what it says it the world’s first long-term, full-scale testing of ammonia fuel in a marine

July 1, 2020
Total Views: 182

bulk ship
Shipping News

Dry Bulk Shipping is Shrugging Off COVID-19. For Now

By Firat Kayakiran (Bloomberg) –The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo

July 1, 2020
Total Views: 110

cosco shipping
Shipping

Ocean Alliance Takes the Lead on Asia-Europe Market Share

By Mike Wackett (The Loadstar) – The Ocean Alliance has overtaken the 2M alliance, adding the market share lead on the Asia-Europe tradelane to its

July 1, 2020
Total Views: 185

tanker deck
Shipping

Oil Barrels Come Off the Water as Floating Storage Boom Fades

By Jonathan Saul LONDON, July 1 (Reuters) – Tens of millions of barrels of crude and oil products stored on tankers at sea due to the coronavirus crisis

July 1, 2020
Total Views: 110

Tuesday, June 30, 2020
ARC Re-Awarded $7 Billion Global Household Goods Contract from U.S. TRANSCOM
Shipping News

ARC Re-Awarded $7 Billion Global Household Goods Contract from U.S. TRANSCOM

New Jersey-based shipping firm American Roll-On Roll-Off Carrier has been re-awarded the Global Household Goods Contract by the U.S. Transportation Command.

June 30, 2020
Total Views: 221

Couple Killed After Crabbing Vessel Sinks Crossing Siuslaw River Bar in Oregon
Accidents

Couple Killed After Crabbing Vessel Sinks Crossing Siuslaw River Bar in Oregon

Two people were killed early Monday morning after their fishing vessel struck a jetty in the Siuslaw River Bar and sank near Florence, Oregon. The U.S. Coast

June 30, 2020
Total Views: 431

vlcc tanker u-turn
Shipping News

Saudi Arabia Makes Good on OPEC+ Oil Cuts

(Bloomberg) — Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June. Observed Saudi crude exports for this

June 30, 2020
Total Views: 48

Norway’s $2.6 Billion Carbon Capture Bet Could Help Save the Planet
Shipping News

Norway’s $2.6 Billion Carbon Capture Bet Could Help Save the Planet

By Akshat Rathi (Bloomberg) — Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or

June 30, 2020
Total Views: 259

samsung heavy industries
Shipping News

Samsung Heavy, Bloom Energy Partner to Develop Zero-Emissions Cargo Vessels

By Dimitra Kessenides and Kyunghee Park (Bloomberg) –Samsung Heavy Industries Co. and Bloom Energy have announced an agreement to develop cleaner power

June 30, 2020
Total Views: 86

cma cgm containership
Shipping

CMA CGM to Impose Emergency Surcharge at Cape Town Port

By Wendell Roelf CAPE TOWN, June 30 (Reuters) – CMA CGM, the world’s fourth-largest container shipping line, will impose emergency congestion

June 30, 2020
Total Views: 38

Monday, June 29, 2020
container ship underway at sea
Shipping News

Despite Trump’s Calls to Decouple, U.S. Companies Ship More From China Faster

By Brendan Murray (Bloomberg) — Just as the U.S. president urges American companies to ditch China, many of them can’t get more of China fast enough.

June 29, 2020
Total Views: 98

shipping containers
Shipping News

Containership Loses Three Containers Overboard Off Western Australia

A Liberian-flagged containership lost three containers overboard off the coast of Western Australia last Thursday. The Australian Maritime Safety Authority

June 29, 2020
Total Views: 212

North Sea Ro-Ro to Install First Tilting Rotor Sails
Shipping News

North Sea Ro-Ro to Install First Tilting Rotor Sails

Helsinki-based Norsepower will install two tilting Rotor Sails onboard a roll-on/roll-off vessel. Norsepower is a leading provider of auxiliary wind propulsion

June 29, 2020
Total Views: 793

lng carrier
Shipping News

U.S. Shale Pioneer Chesapeake Energy Files for Bankruptcy

By David Wethe, Dawn McCarty and Olivia Rockeman (Bloomberg) –Chesapeake Energy Corp., the archetype for America’s extraordinary shale-gas fortunes,

June 29, 2020
Total Views: 71

Oil Tanker Bridge
Shipping

Oil Tanker Market May Take Trump’s Sanctions In Stride This Time

By Sheela Tobben (Bloomberg) –The Trump administration’s plan to add as many as 50 oil tankers to an already long list of sanctioned vessels would be

June 29, 2020
Total Views: 93

Friday, June 26, 2020
Satellites Reveal Major New Gas Industry Methane Leaks
Shipping News

Satellites Reveal Major New Gas Industry Methane Leaks

By Shadia Nasralla LONDON, June 26 (Reuters) – Last fall, European Space Agency satellites detected huge plumes of the invisible planet-warming gas

June 26, 2020
Total Views: 203