Shipping News

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

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

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

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

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

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

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

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

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

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

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

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

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,

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

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,

China COSCO’s fleet upgrade program continues today with an order for ten more bulk carriers including six of 81,600 dwt and four of 208,000 dwt. The

Canada's largest oil and gas producer, Suncor Energy Inc, is shipping its first ever tanker of Western Canadian heavy crude from Canada's East Coast to Europe,

Overall confidence levels in the shipping industry fell slightly during the three months to August 2014, according to the latest Shipping Confidence Survey

Indonesian copper and gold mining company PT Newmont Nusa Tenggara (PTNNT) has announced plans to resume copper concentrate shipments this week after receipt

By Shubin Aleksey Andreyevich, On 21 September 2014, Nordic Yards launched two 7MW multipurpose salvage/icebreaker vessels, the Bering Strait and Murman from