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, July 31, 2014
News

MV Bulk Ingenuity Detained in Queensland

A Hong Kong flagged vessel was detained in Queensland following a Port State Control (PSC) inspection conducted by the Australian Maritime Safety Authority

July 31, 2014
Total Views: 105

port hedland capesize bulk carrier
News

Dry Bulk Shipping Set to Rebound as China Closes Iron Ore Mines

Iron ore posted a second straight monthly increase this year on speculation that demand for imports in China may be improving, helping to absorb a global

July 31, 2014
Total Views: 58

united emblem
News

Kurdish Oil Cargo Unloaded at Sea, Destination a Mystery

Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of

July 31, 2014
Total Views: 112

Angelicoussis jae-ho ko
News

Angelicoussis Places $400 Million Tanker Order with DSME

Maran Tankers Management (MTM), a shipping company privately owned by John Angelicoussis, placed an order today for four new Very Large Crude Carriers (VLCCs)

July 31, 2014
Total Views: 140

Wednesday, July 30, 2014
freeport lpg terminal
News

Phillips 66 to Spend Billions on Midstream Expansion

Phillips 66, the refining company that saw its shares drop last month on news of expanded U.S. oil exports, said second-quarter profit declined 9.9 percent as

July 30, 2014
Total Views: 45

Tuesday, July 29, 2014
cma cgm centaurus tow
Finance

CMA CGM Continues to Underpin Global Ship Lease Performance

By Mike Wackett, UK-based containership owner Global Ship Lease (GSL) has revealed it has contracted revenue of $900m in long-term charters on 15 of its fleet

July 29, 2014
Total Views: 82

Watch: Wife Freaks Out After Iceberg Collapses
Blog

Watch: Wife Freaks Out After Iceberg Collapses

Rick and his wife Wanda were in the Bay of Exploits, Newfoundland when the iceberg they were observing suddenly collapsed right before her eyes. Let's just say

July 29, 2014
Total Views: 64

3-Hour Whale Watching Cruise Strands Passengers Overnight
Shipping News

3-Hour Whale Watching Cruise Strands Passengers Overnight

A planned three-hour whale watching cruise off the Massachusetts coast turned into an all-night affair for 163 people aboard a boat that limped back into

July 29, 2014
Total Views: 90

Chong Chon Gang north korea panama
News

U.N. Blacklists Operator of North Korean Ship Seized in Panama

A U.N. Security Council committee on Monday blacklisted the operator of a North Korean ship, which was seized near the Panama Canal last year for smuggling

July 29, 2014
Total Views: 61

Monday, July 28, 2014
Tor Olav Trøim
Finance

Trøim Exits from Fredriksen’s Seatankers Group

Tor Olav Trøim, the financial wizard that helped enable the many successes of Norwegian shipping tycoon John Fredriksen announced today his intentions to step

July 28, 2014
Total Views: 206

Teen Survivors Testify At Sewol Ferry Trial
Shipping News

Teen Survivors Testify At Sewol Ferry Trial

Six teenagers who survived South Korea's worst maritime disaster in 44 years told on Monday how classmates helped them float free as water flooded their cabins

July 28, 2014
Total Views: 100

piracy attack
Piracy

Sailor Shot in the Neck by Pirates Off Malaysia

Dryad Maritime has reported that 7 armed Indonesians boarded the anchored product tanker MT Ji Xiang around 2 nautical miles south of Teluk Ramunia, Johor,

July 28, 2014
Total Views: 77

Bulk Ship Loading Grain, Image by the Port Of Seattle
News

China Needs to Import More Food to Ease Water and Energy Shortages

China should boost imports of food so it can dedicate more of its scarce water supplies to energy production, especially in arid but coal-rich regions like

July 28, 2014
Total Views: 56

Saturday, July 26, 2014
Smooth Sailing for Costa Concordia, Convoy Within Sight of Genoa
Accidents

Smooth Sailing for Costa Concordia, Convoy Within Sight of Genoa

A little more than three days since departing Giglio for the first time two and a half years, the Costa Concordia is approximately 20 nautical miles from

July 26, 2014
Total Views: 77

Friday, July 25, 2014
Kenyan Police Kill Two Men Suspected of Plotting Ferry Attack
Shipping News

Kenyan Police Kill Two Men Suspected of Plotting Ferry Attack

Kenyan police said on Friday they shot and killed two armed men suspected of planning an attack on a ferry in the port city of Mombasa after one of them tried

July 25, 2014
Total Views: 128

Hamburg Süd to Acquire CCNI in $160 Million Deal
Shipping News

Hamburg Süd to Acquire CCNI in $160 Million Deal

German container shipper Hamburg Süd announced today it has reached an agreement with Compañía Chilena de Navegación Interoceánica S.A. (CCNI) to acquire

July 25, 2014
Total Views: 87

Watch: Pilot Boat Coming in Hot
Blog

Watch: Pilot Boat Coming in Hot

Check out this video showing a pilot boat that made its approach a little too hot, leading to a collision. The boat in the video is the pilot-tender

July 25, 2014
Total Views: 296

Notorious Drug Smuggling Freighter Headed for Scrapyard
News

Notorious Drug Smuggling Freighter Headed for Scrapyard

A freighter seized off the coast of Washington state nearly four decades ago in one of the largest marijuana busts in the region's history was moved to Seattle

July 25, 2014
Total Views: 412

grasberg mine
News

Freeport McMoRan to Reach Near-Term Solution to Indonesian Ore Export Ban

Freeport McMoRan’s Board of Directors says this week they are “encouraged by [their] discussions with the Indonesian government” regarding a

July 25, 2014
Total Views: 52

Asia Tankers – VLCC Rates Could Nudge Higher on More Vessel Charters
News

Asia Tankers – VLCC Rates Could Nudge Higher on More Vessel Charters

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel

July 25, 2014
Total Views: 73