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, December 4, 2014
Greece’s Alpha Bank Raises Over $500 Million Via Shipping Loan Deal
News

Greece’s Alpha Bank Raises Over $500 Million Via Shipping Loan Deal

Greece's Alpha Bank raised more than $500 million from a transaction backed by shipping loans, it confirmed on Thursday, one of the first of its kind by a

December 4, 2014
Total Views: 16

Watch: The Best Triple-E Lego Kit Construction Time-Lapse On the Internet
News

Watch: The Best Triple-E Lego Kit Construction Time-Lapse On the Internet

Check out this awesome time-lapse showing the construction of a Triple-E (lego kit) at the LSME shipyard (that would be Lego Shipbuilding & Marine

December 4, 2014
Total Views: 178

Shipping Can Thank OPEC for $29 Billion Savings: Chart of the Day
News

Shipping Can Thank OPEC for $29 Billion Savings: Chart of the Day

By Naomi Christie Dec. 4 (Bloomberg) — When OPEC sent oil prices tumbling last week by deciding not to tackle a global glut of crude, shipping companies

December 4, 2014
Total Views: 23

Wednesday, December 3, 2014
Smuggled Cigarettes Found Aboard Abandoned Ship in Greece
News

Smuggled Cigarettes Found Aboard Abandoned Ship in Greece

Authorities in Greece are trying to piece together the source of a large quantity of smuggled cigarettes found onboard an abandoned ship at the Greek island of

December 3, 2014
Total Views: 129

Pieter Schelte Loses Pipelaying Gig
Offshore

Pieter Schelte Loses Pipelaying Gig

The giant Pieter Schelte pipeline installation/rig decommissioning ship has lost its 2015 summer job laying pipe for the $40 billion-euro South Stream

December 3, 2014
Total Views: 46

Hapag-Lloyd CEO: IPO Not a Priority After Merger
Shipping News

Hapag-Lloyd CEO: IPO Not a Priority After Merger

German container shipping group Hapag-Lloyd, which is merging with Chile's Compania SudAmericana de Vapores, is in no rush to list its share on the stock

December 3, 2014
Total Views: 36

Tuesday, December 2, 2014
Watch: Steel Workers Replace Old Rivets On Board Liberty Ship SS John W. Brown
Interesting

Watch: Steel Workers Replace Old Rivets On Board Liberty Ship SS John W. Brown

Early last month, the SS John W. Brown, one of two remaining fully operational WWII Liberty Ships, arrived at the Colonna’s Shipyard in Norfolk, VA

December 2, 2014
Total Views: 566

St. Johnanis product tanker
Finance

Parakou Tankers to Go Public and Buy 20 Ships

Singapore-based shipowner Parakou Tankers announced today it has agreed to merge with NASDAQ-listed Cambridge Capital Acquisition Corporation and pursue an

December 2, 2014
Total Views: 82

Costa Concordia Captain Francesco Schettino Testifies
News

Costa Concordia Captain Francesco Schettino Testifies

Costa Concordia Captain Francesco Schettino took the stand Tuesday to offer his first testimony in his own trial on charges of manslaughter, causing a

December 2, 2014
Total Views: 511

Time-Lapse Video: London Gateway Operations
News

Time-Lapse Video: London Gateway Operations

Here's a new time-lapse video showing operations at the DP World London Gateway port complex.

December 2, 2014
Total Views: 83

Done Deal: Hapag-Lloyd and CSAV Complete Merger, Become World’s Fourth Largest Liner Shipping Company
News

Done Deal: Hapag-Lloyd and CSAV Complete Merger, Become World’s Fourth Largest Liner Shipping Company

The merged company will have around 200 vessels with a total capacity of approximately one million TEU, transporting some 7.5 million TEU every

December 2, 2014
Total Views: 75

Infographic: What the Polar Code Means for Ship Safety
Interesting

Infographic: What the Polar Code Means for Ship Safety

What exactly does the new Polar Code mean for ship

December 2, 2014
Total Views: 339

hapag-lloyd
News

Regulators Clear Way for Merger of Hapag-Lloyd and CSAV

Germany's Hapag-Lloyd said on Tuesday it had received the last outstanding regulatory approvals for its planned merger with Chilean shipper Compania

December 2, 2014
Total Views: 84

Monday, December 1, 2014
vlcc tanker crude oil shipping
News

U.S. Crude Exports to Asia Stall on Flood of Mideast Oil

U.S. crude exports to Asia are grinding to a halt just four months after they began, in a sign of how an aggressive strategy by Gulf producers to defend their

December 1, 2014
Total Views: 20

Fishing vessel offshore
Incidents

Dozens Missing After Commercial Fishing Trawler Sinks in the Bering Sea

UPDATE: Weather Hampers Search for Survivors MOSCOW/SEOUL, Dec 1 (Reuters) – One person was killed and the fate of more than 50 others was unknown after

December 1, 2014
Total Views: 110

Sunday, November 30, 2014
fuel storage tanks
News

China Winning in OPEC Price War as Oil Hoarding Accelerates

China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles

November 30, 2014
Total Views: 39

Saturday, November 29, 2014
team vestas wind
Interesting

Volvo Ocean Race: Team Vestas Wind Abandoned on Reef After Grounding

Update: Team Vestas Wind’s VOR 65 Aground [PHOTO] UPDATE: 0300 UTC 30 Nov Volvo Ocean Race Control has had it confirmed that the Team Vestas Wind crew

November 29, 2014
Total Views: 358

Friday, November 28, 2014
Cash, Asset-Rich Marine Fuel Traders to Gain Singapore Market Share in OW’s Absence
News

Cash, Asset-Rich Marine Fuel Traders to Gain Singapore Market Share in OW’s Absence

The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share

November 28, 2014
Total Views: 82

salt carrier
Engineering News

Mexico Orders New Salt Transporter from Nantong Rainbow

Mexico’s state-controlled Exportadora de Sal SA (ESSA), one of the world’s largest salt exporters with a 10-million-ton annual production, has ordered

November 28, 2014
Total Views: 162

Wednesday, November 26, 2014
News

Nigeria Parliament Says Shell Should Pay $4 Billion for 2011 Bonga Oil Spill

Nigeria's National Assembly said on Wednesday oil major Shell should pay $3.96 billion for a 2011 spill at its offshore Bonga oilfield in the latest assessment

November 26, 2014
Total Views: 61