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, September 29, 2014
sunken fishing vessel uscg
Shipping News

Investigations Launched Into Coast Guard Cutter’s Collision With Fishing Vessel

A series of formal investigations have been launched into the collision involving a 110-foot U.S. Coast Guard cutter and a small fishing vessel off the coast

September 29, 2014
Total Views: 139

Israeli Containership Heads for L.A. After Oakland Protest
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Israeli Containership Heads for L.A. After Oakland Protest

LOS ANGELES, Sept 29 (Reuters) – An Israeli-owned container ship that was blocked from unloading its cargo at the Port of Oakland by pro-Palestinian

September 29, 2014
Total Views: 41

K-Line to Pay $67 Million Criminal Fine for Role in Ro-Ro Price Fixing Conspiracy
Shipping News

K-Line to Pay $67 Million Criminal Fine for Role in Ro-Ro Price Fixing Conspiracy

Japan's Kawasaki Kisen Kaisha Ltd., aka K-Line, has agreed to plead guilty and to pay a $67.7 million criminal fine for its role in a 15-year-long price fixing

September 29, 2014
Total Views: 68

WATCH: Lifeboat Launch FAIL Leads to Perfect Front Flip
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WATCH: Lifeboat Launch FAIL Leads to Perfect Front Flip

Unfortunately we don't have any info about this video whatsoever except that we can see it was filmed onboard a Chinese-flagged ship and, yes, it actually does

September 29, 2014
Total Views: 1229

Crude Oil Tanker Rescues 150 Migrants from Mediterranean
Shipping News

Crude Oil Tanker Rescues 150 Migrants from Mediterranean

Nordic American Tankers Limited says that one of its vessels was involved in the rescue of 150 migrants in distress after their wooden boat began experiencing

September 29, 2014
Total Views: 78

Sunday, September 28, 2014
Vale Rio de Janeiro vloc
News

Valemax Vessels and Risk, Whether of Execution or Political

In May 2008, capesize vessels – hard to believe now – were averaging $155,000 pd on the spot market, while the ‘front leg’ of the trade Tubarao

September 28, 2014
Total Views: 1090

Friday, September 26, 2014
Two FBI Employees Killed After Their Boat Collided With A Barge On The Ohio River
News

Two FBI Employees Killed After Their Boat Collided With A Barge On The Ohio River

The U.S. Coast Guard is investigating a fatal Thursday night collision between a towboat and a small pleasure craft on the Ohio River near Cincinnati that left

September 26, 2014
Total Views: 134

vale china vloc rongsheng heavy industries
News

China Merchants to Build 10 Giant Iron Ore Carriers for Vale

Brazilian iron ore miner Vale SA signed a strategic framework agreement with China Merchants Group, a company owned by the PRC, whereby 10 new Very Large Ore

September 26, 2014
Total Views: 131

palm oil fruit
News

Amid Global Oversupply of Palm Oil, Indonesia Cuts Export Tax to Zero

The world’s two biggest palm oil producers cut export taxes on most shipments to zero, seeking to lure buyers amid a global glut in edible oils that sent

September 26, 2014
Total Views: 150

Thursday, September 25, 2014
fsru independence
News

Lithuania Readies for the Arrival of their New FSRU

Lithuania continues to ready the country’s infrastructure for the upcoming arrival of 170,000 cbm FSRU Independence to the Port of Klaipeda.

September 25, 2014
Total Views: 41

Record Harvest Seen Pushing U.S. River Transportation System to Near Breaking Point
Shipping News

Record Harvest Seen Pushing U.S. River Transportation System to Near Breaking Point

With a record U.S. harvest just coming in, the river transportation system that is at the heart of the nation's farm economy is overstrained by rising demand

September 25, 2014
Total Views: 54

IMO Celebrates World Maritime Day 2014 with Call for Effective Implementation
Shipping News

IMO Celebrates World Maritime Day 2014 with Call for Effective Implementation

Today, September 25th, marks the 37th annual World Maritime Day, a day established by the United Nations (UN) via the International Maritime Organization (IMO)

September 25, 2014
Total Views: 39

Maersk Drilling Names Fourth UDW Drillship
Shipping News

Maersk Drilling Names Fourth UDW Drillship

Maersk Drilling’s fourth ultra deepwater drillship was named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje,

September 25, 2014
Total Views: 158

Somali Pirates Fight Over Ransom After Release of Journalist
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Somali Pirates Fight Over Ransom After Release of Journalist

Six people were killed in central Somalia in a gunfight over a supposed ransom payment tied to the release this week of a German-U.S. journalist held hostage

September 25, 2014
Total Views: 89

manila shipping cargo containerships
News

Manila Drowning Under Glut of Shipping Containers

At least 20,000 containers are piled up at the port of Manila awaiting pick up by ship, a situation which could take months to

September 25, 2014
Total Views: 158

crude oil terminal tanker
News

Texas Lawmakers Soften Over U.S. Crude Export Ban

In the oil drilling and refining heartland of Texas, the debate over U.S. crude exports is no longer a fight over whether a 40-year ban should be lifted. The

September 25, 2014
Total Views: 43

Wednesday, September 24, 2014
Keel Laid for New Jones Act Product Tankers
News

Keel Laid for New Jones Act Product Tankers

The first of four new Crowley Maritime Corporation product tankers was celebrated today in a keel laying ceremony held at Aker Philadelphia Shipyard, Inc.

September 24, 2014
Total Views: 52

columbia eastern shipbuilding sailing yacht
News

William Starling Burgess’ Columbia Sets Sail from Eastern Shipbuilding

Eastern Shipbuilding Group (ESG), located in Panama City, Florida is known for churning out a steady stream of workboats for the offshore oil and gas industry,

September 24, 2014
Total Views: 273

UASC SCHUAIBA, containership
Shipping News

UASC and Hamburg Süd Announce Global Tie-Up

Two of the leading container shipping lines United Arab Shipping Company (UASC) and Hamburg Süd have announced a global cooperation agreement aimed at

September 24, 2014
Total Views: 51

maersk
News

Maersk Line to Spend $3 Billion Per Year on New Ships

Denmark's Maersk Line will spend around $3 billion a year from 2015-19 on new ships to butress its position as the world's biggest container shipping company,

September 24, 2014
Total Views: 45