Shipping News

Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.


Friday, July 18, 2014
Nordic Tankers Maybe Orders Half-Billion Dollars in New Ships?
News

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

July 18, 2014
Total Views: 52

Asia-Europe Container Freight Rates Fall
News

Asia-Europe Container Freight Rates Fall

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

July 18, 2014
Total Views: 41

Thursday, July 17, 2014
gas defiance lpg carrier stealthgas
News

Vafias Optimistic that “Good Times are Ahead”

StealthGas announced today four new additions to their newbuilding program consisting of two Korean-built 22,000 cbm semi-refrigerated LPG carriers and two

July 17, 2014
Total Views: 125

Engine to Power World’s First Dual-Fuel Containership Delivered to Shipyard
Shipping News

Engine to Power World’s First Dual-Fuel Containership Delivered to Shipyard

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,

July 17, 2014
Total Views: 256

UK’s Year in Maritime Accidents By The Numbers – INFOGRAPHIC
News

UK’s Year in Maritime Accidents By The Numbers – INFOGRAPHIC

The UK’s Marine Accident Investigation Branch (MAIB) has released their annual report for 2013, summarizing all reports of accidents across a range of

July 17, 2014
Total Views: 159

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: 100

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: 73

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: 63

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: 279

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: 156

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: 50

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: 93

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: 176

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: 53

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: 177

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: 189

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: 106

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: 101

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: 60

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: 99