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, January 22, 2015
Military Sealift Command Prepositioning Ship Aground Off Japan
News

Military Sealift Command Prepositioning Ship Aground Off Japan

The Military Sealift Command prepositioning vessel USNS Sgt. Matej Kocak (T-AK 3005) ran aground Thursday off the East Coast of Okinawa, Japan at approximately

January 22, 2015
Total Views: 107

steel production
News

Iron Ore Declines to 2009-Low as Steel Mills Seen Cutting Output

Iron ore declined to the lowest level in more than five years amid speculation that mills in China will reduce steel output in the runup to a holiday next

January 22, 2015
Total Views: 74

Wednesday, January 21, 2015
Wärtsilä to Equip Four LNG Carriers with LNG Reliquefaction and Gas Handling Systems
News

Wärtsilä to Equip Four LNG Carriers with LNG Reliquefaction and Gas Handling Systems

Wärtsilä announced Wednesday that it will equip four LNG carriers being built in China with LNG reliquefaction plants and gas handling systems, marking a

January 21, 2015
Total Views: 191

Østensjø Rederi thorax tug
Marine Salvage

Hoegh Osaka Salvage: List Cut in Half as Good Progress Continues to be Made

The UK’s Maritime and Coastguard Agency (MCA) reports “good progress continues to be made” today as salvors aboard the Hoegh Osaka

January 21, 2015
Total Views: 69

Tuesday, January 20, 2015
First Lock Gate Installed on Pacific Side of Expanded Panama Canal
News

First Lock Gate Installed on Pacific Side of Expanded Panama Canal

Another significant milestone in the construction of the expanded Panama Canal this week: the installation of the first new lock gate on the Pacific side. The

January 20, 2015
Total Views: 102

House Members Rally Against Senator McCain’s Jones Act Amendment
News

House Members Rally Against Senator McCain’s Jones Act Amendment

In the latest show of support for the Jones Act, 32 bipartisan Representatives have sent a letter to Senate leadership urging them to reject a

January 20, 2015
Total Views: 73

thor friendship bulk carrier
Finance

Thoresen Thai Plans $223 Million Rights Issue

Thai dry bulk carrier Thoresen Thai Agencies Pcl said on Tuesday it planned to raise about 7.3 billion baht ($223.2 million) by offering new shares via a

January 20, 2015
Total Views: 47

euronav famenne vlcc
Finance

Euronav to Raise $175 Million with New York Listing

Belgian crude oil shipping group Euronav said on Tuesday that it was going ahead with its plan to list shares on the New York Stock Exchange in a public

January 20, 2015
Total Views: 75

Monday, January 19, 2015
rongsheng heavy industries shipyard shipbuilding
News

China Ocean Shipping Gains Financing for 53 New Ships

China Ocean Shipping (Group) Company has received a $1.75 billion loan from the Export-Import Bank of China to buy 53 new ships, which it plans to order from

January 19, 2015
Total Views: 28

Saturday, January 17, 2015
tug boat sinking Yangtze river
News

China Confirms 21 Dead, 1 Missing After Tug Sinks in Yangtze River

Chinese authorities have confirmed that 21 people were killed and one was missing after a tug boat undergoing sea trials sank in the Yangtze River, the

January 17, 2015
Total Views: 38

Friday, January 16, 2015
Canada Selects Irving Shipbuilding to Build Arctic Patrol Ships for $1.9 Billion
Shipping News

Canada Selects Irving Shipbuilding to Build Arctic Patrol Ships for $1.9 Billion

The Canadian government has picked Irving Shipbuilding Inc, a Nova Scotia-based private company, to build Arctic patrol ships for C$2.3 billion ($1.9 billion),

January 16, 2015
Total Views: 36

epic gas logo
News

Epic Gas CEO Resigns

Singapore-based shipowoer/operator Epic Gas Ltd. announced today that Chief Executive Officer Lars Vang Christensen will be resigning from his position. During

January 16, 2015
Total Views: 44

Thursday, January 15, 2015
almi galaxy
News

Oil Traders to Store West African Crude in U.S. Until Prices Recover

Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks

January 15, 2015
Total Views: 49

WATCH: Fire Engulfs Vessel Loaded with Hay
News

WATCH: Fire Engulfs Vessel Loaded with Hay

A cargo of hay caught fire Wednesday morning aboard a vessel off the coast of Iskenderun, Turkey. According to reports, all 23 crewmembers of the MV Retaj A

January 15, 2015
Total Views: 80

skangass lng bunkering vessel
News

Skangass Backs LNG Bunkering Vessel Newbuild

Norwegian LNG supplier Skangass announced today that it will make LNG (Liquified Natural Gas) more readily available as marine fuel in the Skagerrak, Kattegat

January 15, 2015
Total Views: 76

Navigator Holdings Says Petrochem Gas Shipments to Offset LPG Drop
News

Navigator Holdings Says Petrochem Gas Shipments to Offset LPG Drop

Shipper Navigator Holdings Ltd expects continued demand for petrochemical gases in the fourth quarter to make up for a fall in liquefied petroleum gas (LPG)

January 15, 2015
Total Views: 71

Wednesday, January 14, 2015
MOL Express Refloated
Marine Salvage

MOL Express Refloated

On Sunday 11 January, the containership MOL Express ran aground in Tateyama Harbor, Chiba Prefecture of Japan as it was maneuvering in the harbor.  The

January 14, 2015
Total Views: 34

Senator John McCain Launches New Attack on ‘Antiquated’ Jones Act
Interesting

Senator John McCain Launches New Attack on ‘Antiquated’ Jones Act

Senator John McCain (R-AZ) has once again launched an attack on the Jones Act, announcing Tuesday that he has filed an amendment to a bill to approve the

January 14, 2015
Total Views: 122

‘CSCL Globe’ Calls at Port of Hamburg [VIDEO]
Shipping News

‘CSCL Globe’ Calls at Port of Hamburg [VIDEO]

The 19,100 TEU CSCL Globe made its maiden call at the Port of Hamburg on Thursday as it continues its maiden voyage from China to

January 14, 2015
Total Views: 51

Tuesday, January 13, 2015
iron ore terminal capesize
News

Iron Ore Imports by China Advance to Record as Price Collapses

Iron ore imports by China rebounded to an all-time high last month, capping record annual purchases, as slumping prices boosted demand for overseas supplies in

January 13, 2015
Total Views: 61