Shipping News

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


Monday, March 23, 2015
News

Drunk Ship Captain Arrested in New Zealand

Parmod Kumar, Master of the African Harrier, a 2014-built, 37k deadweight ton bulk carrier, pleaded guilty on Monday in New Zealand’s Tauranga District

March 23, 2015
Total Views: 165

Sunday, March 22, 2015
News

MSC Containership, Bulk Carrier Attacked Off Indonesia

A MSC containership and a bulk carrier have been attacked in two separate but possibly related incidents in Southeast Asia waters off the coast of Indonesia,

March 22, 2015
Total Views: 143

News

Short Thoughts on the Dry Bulk Market

The last couple of weeks have brought the slimmest hope that springtime may be forthcoming for the much beleaguered dry bulk market; we are not talking about

March 22, 2015
Total Views: 38

Friday, March 20, 2015
News

Crowley Picks Up Slack After Horizon Lines’ Puerto Rico Exit

Crowley Maritime Corporation says that it doing a good job of picking up the slack following Horizon Lines’ sudden departure from the Jones Act U.S.

March 20, 2015
Total Views: 96

News

Star Bulk Secures Financing for Newbuilds

Star Bulk Carriers Corp., the largest U.S. listed dry bulk company, said Friday it has secured up to $227.5 million in financing for seven newbuilds. With this

March 20, 2015
Total Views: 40

News

Port of Auckland Fined Over Stevedore’s Fall from Maersk Containership

New Zealand’s Ports of Auckland Ltd (POAL) has been fined NZD$55,000 (US$41,000) and ordered to pay NZD$25,000 in reparation to a stevedore who was

March 20, 2015
Total Views: 83

News

Port of Savannah Welcomes Largest Ship Yet

The Georgia Ports Authority welcomed the largest ship ever to call on the Port of Savannah this week when the ZIM Tianjin docked at Garden City Terminal. The

March 20, 2015
Total Views: 63

News

Asia-Northern Europe Container Freight Rates Drop 12.4 Percent -Source

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 12.4 percent to $620 per 20-foot container (TEU) in the week

March 20, 2015
Total Views: 14

Thursday, March 19, 2015
News

Port Operator DP World Posts 11.8% Profit Rise in 2014

Dubai's DP World, one of the world's largest port operators, posted an 11.8 percent rise in 2014 net profit as profit margins grew in all its regions, the

March 19, 2015
Total Views: 46

News

Towing Vessel Sinks in Ohio River

The U.S. Coast Guard has reported the capsize and sinking of a towing vessel on the Ohio River near Golconda, Illinois, Wednesday night. Coast Guard Sector

March 19, 2015
Total Views: 41

News

Asia Dry Bulk – No Sign of Improvement in Capesize Rates as Owners Lay-up Ships

Rates for capesize bulk carriers, which have been close to six-year lows for the last two months, show little sign of improvement as a tonnage glut and

March 19, 2015
Total Views: 79

Wednesday, March 18, 2015
News

Fire-Hit Ro-Ro Towed Back to New York

The U.S. Coast Guard and local agencies in New York were working Wednesday to extinguish a fire aboard a Panamanian-flagged roll-on/roll-off vessel at Homeport

March 18, 2015
Total Views: 111

News

Statoil Plans Four Oil Wells in Russia Amid Sanctions

Statoil ASA plans to drill four wells in Russia with state oil company OAO Rosneft, showing Norway’s biggest energy producer is deepening its involvement in

March 18, 2015
Total Views: 40

News

Baltic Dry Index Rises on Demand For Panamax and Smaller Vessels

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, was lifted on Wednesday by higher demand for panamax

March 18, 2015
Total Views: 52

News

Saudi Crude Exports Up in January

Saudi Oil Minister Ali al-Naimi has said oil demand was growing and expected oil prices, which hit a near six-year low in January, to

March 18, 2015
Total Views: 48

Tuesday, March 17, 2015
News

Gunvor a Major Winner in Rosneft Oil Tender

Swiss-based trading house Gunvor, which had been trying to cut asset exposure to the Russian market, is among the winners of a large Rosneft tender, traders

March 17, 2015
Total Views: 75

Accidents

‘General Zalinski’ Fuel Oil Removal – A Looming Environmental Disaster Averted in Canada [VIDEO]

In September 1946, the WWII-era U.S. Army Transport ship General M. G. Zalinski sank after running aground some 100 kilometers south of Prince Rupert, Canada

March 17, 2015
Total Views: 99

News

Austal-Built Rocketship “Condor Liberation” Arrives in Guernsey

The Austal-built trimaran ferry Condor Liberation arrived yesterday for the first time into Guernsey’s St. Peter Port harbor to begin mooring trials in

March 17, 2015
Total Views: 302

News

ClassNK Retakes Top Classification Spot

International classification society ClassNK has retaken the top spot as the world’s largest classification society. ClassNK Chairman and President Noboru

March 17, 2015
Total Views: 22

Monday, March 16, 2015
News

New Ship Routing Measures to Protect Australia’s Coral Sea Agreed by IMO

New ship routing measures aimed at protecting environmentally sensitive areas in Coral Sea, home to the Great Barrier Reef, have been agreed by the IMO

March 16, 2015
Total Views: 130