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 17, 2014
Chinese Ships Make First RIMPAC Naval Drill Appearance In Decades
Shipping News

Chinese Ships Make First RIMPAC Naval Drill Appearance In Decades

After 43 years of watching the world’s largest multinational naval exercises take place off Hawaii, China has the second-largest fleet at the U.S.-led drills

July 17, 2014
Total Views: 59

msc london
Shipping News

MSC and Maersk Boost Asia-Europe Capacity as More ULCVs are Launched

By Mike Wackett, With the usual aversion to publicity relating to its fleet, Mediterranean Shipping Company, the world’s second-biggest ocean carrier,

July 17, 2014
Total Views: 43

lng carrier samsung
Shipbuilding

Samsung Heavy Industries Wins Major LNG Carrier Order

Samsung Heavy Industries announced today in an exchange filing the winning of a 6-ship LNG carrier newbuild order for a total consideration of KRW 740.7

July 17, 2014
Total Views: 42

zim shipping logo
Finance

Zim Completes $3.4 Billion Restructuring

Israel's biggest shipping firm Zim said it completed a more than $3 billion debt restructuring that will allow the company to capitalise on the recovery in

July 17, 2014
Total Views: 246

Wednesday, July 16, 2014
amakusa island aground
Grounding Incidents

Moon Saves the Day After Coal Carrier Runs Aground Off Canada [IMAGES]

Shortly after 10 p.m. on Monday, July 14th, the Prince Rupert Port Authority reports the 228-meter, 81,887 ton dwt bulk carrier Amakusa Island had run aground

July 16, 2014
Total Views: 88

oocl containership golden gate bridge sunset
News

Trans-Pacific Container Shipping Group Aims For Rise in Rates

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their

July 16, 2014
Total Views: 31

bc ferries lng
News

LR Chosen to Class Canada’s New LNG-Powered Ferries

Following an RFP last December, BC Ferries awarded Gdansk-based shipyard Remontowa Shipbuilding a $165 million contract earlier this month to build three

July 16, 2014
Total Views: 65

escapade aground tybee island
Grounding Incidents

200-Foot Casino Boat High and Dry After Wrong Turn on Maiden Voyage

Latest: USCG Rescues 118 From Stranded Casino Ship – Photos Update: All passengers have been transferred off the vessel according the U.S. Coast Guard

July 16, 2014
Total Views: 136

united states capitol night washington
News

U.S. Ban on Oil Exports Won’t Be Lifted This Year, Lawmaker Says

By Lynn Doan July 16 (Bloomberg) — A four-decade-old ban on crude exports from the U.S. will survive another year, the chairman of the U.S. House’s

July 16, 2014
Total Views: 21

Tuesday, July 15, 2014
Watch Out, That Freighter May Actually Be a Warship -Column
Shipping News

Watch Out, That Freighter May Actually Be a Warship -Column

U.S. military operations now increasingly begin and end at sea - aboard a growing fleet of vessels that the Pentagon has specifically outfitted as floating

July 15, 2014
Total Views: 137

North Korean Cargo Ship Runs Aground Off Mexico
Marine Salvage

North Korean Cargo Ship Runs Aground Off Mexico

A North Korean cargo ship has run aground in the Gulf of Mexico after sailing from Cuba, according to

July 15, 2014
Total Views: 144

Underwater Footage Shows Refloated Costa Concordia
Shipping News

Underwater Footage Shows Refloated Costa Concordia

Here is some underwater footage filmed from beneath the Costa Concordia on July 15, one day after the initial refloat of the

July 15, 2014
Total Views: 84

dp world
Finance

Dubai’s DP World Signs $3 Billion Loan Deal

DP World, one of the world's largest port operators, has signed a $3 billion loan deal, becoming the latest Dubai entity to take advantage of buoyant funding

July 15, 2014
Total Views: 98

tanker crude terminal
News

U.S. Condensate Producers Seen Jumping on Export Bandwagon

Enterprise Products Partners LP and Pioneer Natural Resources Co., two of the first fuel suppliers to win approval to send U.S. condensates abroad, may be

July 15, 2014
Total Views: 26

Monday, July 14, 2014
ClassNK Acquires Helm Operations
Engineering News

ClassNK Acquires Helm Operations

“When I was in eighth grade, I read a book on programming computers using BASIC, but I still hadn’t even seen a computer by the time I had finished

July 14, 2014
Total Views: 67

antwerp refinery exxonmobil
Engineering News

ExxonMobil’s Antwerp Refinery Is Producing a Whole New Type of Bunker Fuel

“It used to be refinery feedstock, but now it’s being used as a finished product,” commented Iain White, Field Marketing Manager for

July 14, 2014
Total Views: 90

NCL Orders More ‘Breakaway-Plus’ Cruise Ships
Shipping News

NCL Orders More ‘Breakaway-Plus’ Cruise Ships

Norwegian Cruise Line (NASDAQ: NCLH) has announced that it has reached an agreement with Germany's Meyer Werft shipyard to build two new Breakaway-Plus class

July 14, 2014
Total Views: 58

PHOTOS: U.S. Navy’s New Mobile Landing Platform in Action
News

PHOTOS: U.S. Navy’s New Mobile Landing Platform in Action

This month twenty-two nations, more than 40 ships and submarines, 200 aircraft and 25,000 personnel are in and around the Hawaiian Islands for the world's

July 14, 2014
Total Views: 1075

Coast Guard Cutter Healy altan girl
Incidents

With Insufficient Horsepower, the Northwest Passage Proves Unpassable

For the solo-sailor aboard the 36-foot steel-hulled sailing yacht Altan Girl, the Northwest Passage and the rumors of ice-free summers appears to have been

July 14, 2014
Total Views: 84

mt seeb vlcc nitc
News

NITC Still Faces Sanctions After EU Blacklisting Annulled

Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions,

July 14, 2014
Total Views: 63