Nordic Tankers Maybe Orders Half-Billion Dollars in New Ships?
“There is nothing going on here so you should probably find something else to do with your time,” commented the person who answered the phone at
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
“There is nothing going on here so you should probably find something else to do with your time,” commented the person who answered the phone at
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 5.5 percent to $1,230 per 20-foot container (TEU) in the week
StealthGas announced today four new additions to their newbuilding program consisting of two Korean-built 22,000 cbm semi-refrigerated LPG carriers and two
The gas engine that will soon power the TOTE's new Marlin-class containerships have been delivered to General Dynamics’ NASSCO’s shipyard in San Diego, CA,
The UK’s Marine Accident Investigation Branch (MAIB) has released their annual report for 2013, summarizing all reports of accidents across a range of
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
By Mike Wackett, With the usual aversion to publicity relating to its fleet, Mediterranean Shipping Company, the world’s second-biggest ocean carrier,
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
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
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
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
Following an RFP last December, BC Ferries awarded Gdansk-based shipyard Remontowa Shipbuilding a $165 million contract earlier this month to build three
Latest: USCG Rescues 118 From Stranded Casino Ship – Photos Update: All passengers have been transferred off the vessel according the U.S. Coast Guard
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
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
A North Korean cargo ship has run aground in the Gulf of Mexico after sailing from Cuba, according to
Here is some underwater footage filmed from beneath the Costa Concordia on July 15, one day after the initial refloat of the
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
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
“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
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