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, November 20, 2014
World’s Largest Containership Also Sets Record for Largest Engine Ever
Interesting

World’s Largest Containership Also Sets Record for Largest Engine Ever

With a capacity to carry 19,000 TEUs, the recently named MV CSCL Globe is the world’s largest containership by cargo capacity. But that’s not all

November 20, 2014
Total Views: 3326

ow bunker
Finance

Board of OW Bunker Did Not Approve Credit Line That Caused Collapse

The unrecoverable credit granted Tankoil was never submitted to the board, let alone authorised by it, said Chairman Niels Henrik

November 20, 2014
Total Views: 20

APM Terminals Announces $1B Investment Plan into Ghana’s Tema Port
News

APM Terminals Announces $1B Investment Plan into Ghana’s Tema Port

APM Terminals signed a Memorandum of Understanding (MOU) today with the Government of Ghana, representing a private investment in excess of USD $1 billion for

November 20, 2014
Total Views: 119

Wednesday, November 19, 2014
Canada’s Seaspan Turns to Turkish Shipyard for LNG-Fueled Ferries
News

Canada’s Seaspan Turns to Turkish Shipyard for LNG-Fueled Ferries

Seaspan Ferries Corporation, a unit of Vancouver-based Seaspan Marine Corporation, says it has awarded a contract to Sedef Shipyard of Istanbul, Turkey for the

November 19, 2014
Total Views: 94

capesize bulk carrier terminal iron ore dry bulk
News

Baltic Exchange Faces Competition from EEX

Britain's Baltic Exchange faces competition from EEX, part of Deutsche Borse, as it tries to revive its loss-making Baltex dry bulk freight derivatives

November 19, 2014
Total Views: 33

Iron Ore’s Rout Seen Relentless by SocGen
News

Iron Ore’s Rout Seen Relentless by SocGen

Iron ore fell for a fifth day, approaching $70 a dry ton in a retreat to the lowest level in more than five years as seaborne supplies

November 19, 2014
Total Views: 37

rt force tugboat teekay port hedland
News

Tug Engineers Plan Short Strike at Australian Iron Ore Port

Tug boat engineers at Port Hedland, Australia's biggest iron ore port, plan to hold a four-hour work stoppage on Nov. 22, tug operator Teekay Shipping

November 19, 2014
Total Views: 139

Tuesday, November 18, 2014
Watch: Subsea Support Vessel’s Sideways Launch from Just About Every Angle
News

Watch: Subsea Support Vessel’s Sideways Launch from Just About Every Angle

Deepocean’s new subsea support vessel MV Deep Helder was launched earlier this year at the De Hoop Lobith shipyard in Foxhol, the Netherlands. According

November 18, 2014
Total Views: 113

Second Algerian Crude Cargo Arrives in Venezuela
Shipping News

Second Algerian Crude Cargo Arrives in Venezuela

A tanker carrying Algerian light oil arrived at the Venezuelan port of Jose late on Monday and is waiting to unload up to 2 million barrels in PDVSA's second

November 18, 2014
Total Views: 27

Chemical Tanker First to Use New Duplex Stainless Steel Cargo Tanks
Ship Design

Chemical Tanker First to Use New Duplex Stainless Steel Cargo Tanks

The new chemical tanker built in Japan is the first to use a new type of steel cargo tanks said to be cheaper and stronger that existing

November 18, 2014
Total Views: 444

South Korea Launches New Agency to Replace Disbanded Coast Guard
News

South Korea Launches New Agency to Replace Disbanded Coast Guard

South Korea launches a massive new government agency this week to handle emergency rescue and safety management seven months after the Sewol ferry

November 18, 2014
Total Views: 178

CSCL Globe – Introducing the New World’s Largest Containership
Interesting

CSCL Globe – Introducing the New World’s Largest Containership

Move over Triple-E's, there's a new big dog in

November 18, 2014
Total Views: 1047

Monday, November 17, 2014
South Korea Preparing Sewol Salvage Task Force – Reports
Accidents

South Korea Preparing Sewol Salvage Task Force – Reports

The South Korean government is preparing a task force to examine options for salvaging the sunken Sewol ferry, according to local media

November 17, 2014
Total Views: 39

New Satellite Data Reveals Major Uptick in Global Maritime Traffic
News

New Satellite Data Reveals Major Uptick in Global Maritime Traffic

Maritime traffic on the world’s oceans has increased four-fold over the past 20 years, according to a new study published by the American Geophysical Union

November 17, 2014
Total Views: 486

Italy’s Tuscany Region Seeking $274 Million in Damages Over Costa Concordia Disaster
News

Italy’s Tuscany Region Seeking $274 Million in Damages Over Costa Concordia Disaster

Officials for Italy's Tuscany region and the island of Giglio said on Monday they would seek a total of 220 million euros ($274 million) in damages from Costa

November 17, 2014
Total Views: 42

Paris MoU Reports 113 MLC Detentions in First Year
News

Paris MoU Reports 113 MLC Detentions in First Year

The Paris MoU reports 113 ship detentions related to Maritime Labour Conventions 2006 deficiencies in the first twelve months since the convention entered into

November 17, 2014
Total Views: 41

NYK Ship Loses Containers in Offloading Mishap
News

NYK Ship Loses Containers in Offloading Mishap

The U.S. Coast Guard and local fire department personnel were called late Saturday to enforce a safety zone for containers that fell in the water from the MV

November 17, 2014
Total Views: 66

Car Carrier Chief Engineer Pleads Guilty in ‘Magic Pipe’ Case
Interesting

Car Carrier Chief Engineer Pleads Guilty in ‘Magic Pipe’ Case

The chief engineer of a NYK Line car carrier has pleaded guilty in federal court in Baltimore, Maryland, to obstruction of justice and violating the Act to

November 17, 2014
Total Views: 83

crowley iso lng tank
News

Crowley Signs Containerized LNG Supply Deal

Crowley Maritime Corp. announced today it will be supplying liquefied natural gas (LNG) sourced from the U.S. to an undisclosed Puerto Rico-based

November 17, 2014
Total Views: 80

Friday, November 14, 2014
Panama Canal Tugs
News

Panama Canal Authority Addresses Operational Concerns Facing Expanded Canal

By Captain Guillermo Manfredo, The Panama Canal Expansion was proposed to increase the capacity of the waterway and accommodate the projected future demand, in

November 14, 2014
Total Views: 55