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, June 5, 2014
trada maritime mt lentera bangsa
Finance

Indonesian Shipper Trada Maritime At Risk of Default on $31 Million Debt

JAKARTA, June 5 (Reuters) – Indonesian shipping company PT Trada Maritime Tbk is at risk of defaulting on its debt of around $31 million to the

June 5, 2014
Total Views: 114

Wednesday, June 4, 2014
GoPro Video from Inside a Sinking Ship is Scary As Hell
Interesting

GoPro Video from Inside a Sinking Ship is Scary As Hell

The chilling film was shot aboard The Pocahontas, also known as The Danny, using GoPro HD cameras as it sank in Lake Worth in Florida [in February

June 4, 2014
Total Views: 408

Iron Ore Cargoes at Record as Pilbara Mines “Export Socks Off”
Shipping News

Iron Ore Cargoes at Record as Pilbara Mines “Export Socks Off”

Iron ore shipments from Australia’s Port Hedland expanded to a record in May as mining companies boosted output, helping to push benchmark prices to the

June 4, 2014
Total Views: 25

Tuesday, June 3, 2014
Tanker Hijacking Part of Broader Pattern, Experts Warn
News

Tanker Hijacking Part of Broader Pattern, Experts Warn

This weekend’s hijacking of an oil tanker in Southeast Asia follows a broader pattern of crime in the region, security experts

June 3, 2014
Total Views: 42

capesize bulk carrier terminal iron ore dry bulk
News

BIMCO: Greek Owners Invest Most in Newbuildings

Greek ship owners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts,

June 3, 2014
Total Views: 27

U.S. Senators Set New Bid for Food Aid Overhaul
News

U.S. Senators Set New Bid for Food Aid Overhaul

Two U.S. lawmakers will introduce legislation on Tuesday to end restrictions on international food aid programs, which they say would free up hundreds of

June 3, 2014
Total Views: 17

svendborg maersk containership
News

Maersk Tasked with Finding Hundreds of Missing Containers in Bay of Biscay

Following the loss of over 500 containers this February from the containership Svendborg Maersk during a storm in the Bay of Biscay, French maritime

June 3, 2014
Total Views: 221

Maersk, MSC, Others in Talks to End EU Antitrust Probe
News

Maersk, MSC, Others in Talks to End EU Antitrust Probe

By Foo Yun Chee (Reuters) – The world’s two biggest container shipping companies, AP Moller-Maersk and Mediterranean Shipping Company, are seeking

June 3, 2014
Total Views: 13

Boskalis and Mammoet Start Operation To Raise Baltic Ace Car Carrier
Marine Salvage

Boskalis and Mammoet Start Operation To Raise Baltic Ace Car Carrier

Dutch companies have started a weeks-long operation to raise the Baltic Ace car carrier, which collided with a cargo ship in 2012, killing 11 crew and sending

June 3, 2014
Total Views: 60

stolen tugboat providence
News

Stolen Tugboat Found Half Submerged in Providence River

ABC6 – Providence, RI and New Bedford, MA News, Weather A tugboat that had been reported stolen from the Oyster House pier in East Providence, Rhode

June 3, 2014
Total Views: 96

Monday, June 2, 2014
foundry steel smelting smelter
News

China Builds Sulawesi Smelters as Ore Export Ban Cuts Jobs

June 3 (Bloomberg) — Since Indonesia banned ore exports, the global nickel industry has been rocked by surging prices, Chinese workers like Zhang Qi

June 2, 2014
Total Views: 198

PHOTOS: Icy Newfoundland Rescue
Shipping News

PHOTOS: Icy Newfoundland Rescue

Five fishermen were rescued Sunday from the icy waters of Notre Dame Bay off the northeastern coast of Newfoundland after abandoning their fishing vessel, the

June 2, 2014
Total Views: 54

great lakes dredge and dock
News

$25 Million Delaware River Dredging Contract Awarded

The U.S. Army Corps of Engineers awarded Great Lakes Dredge & Dock Co. a $25,376,872 firm fixed-price contract to dredge the main channel of the Delaware

June 2, 2014
Total Views: 62

Divers Locate Missing Captain Following Japan Tanker Blast
News

Divers Locate Missing Captain Following Japan Tanker Blast

The body of the missing captain of a Japanese oil tanker that exploded off the countries southwest coast has been found, the coastguard has

June 2, 2014
Total Views: 42

qingdao port iron ore dry bulk
Shipping News

Chinese Port Stops Metal Shipments Due To Probe

By Melanie Burton SYDNEY, June 2 (Reuters) – China’s northeastern port of Qingdao has halted shipments of aluminium and copper due to an

June 2, 2014
Total Views: 19

Sunday, June 1, 2014
single point mooring iraq leighton offshore
News

Iraq Oil Exports Rise By 8 Percent In May

By Raheem Salman BAGHDAD, June 1 (Reuters) – Oil exports from Iraq rose by 8 percent in May and a new floating terminal was inaugurated that will expand

June 1, 2014
Total Views: 47

Friday, May 30, 2014
Jaw-Dropping Photo (and Video) Shows Massive Fin Whale in Rare Breach
News

Jaw-Dropping Photo (and Video) Shows Massive Fin Whale in Rare Breach

Growing to lengths in the 80 to 90-foot range and weighing up to 70+ tons, it’s easy to understand why Fin whales don't often shoot out of the water in a

May 30, 2014
Total Views: 1471

Tugs support a bulk carrier arriving at an iron ore terminal. File image: Shutterstock/tcly
News

Tug Officers Join Deckhands in Approving Port Hedland Strikes

Phoebe Sedgman and Jasmine Ng May 30 (Bloomberg) — Tugboat officers at Australia’s Port Hedland joined deckhands in approving work stoppages, risking

May 30, 2014
Total Views: 30

precious shipping benjamas naree
Finance

Precious Shipping’s Plan to Expand Fleet by 1 Million Deadweight Gains Financing

Thai dry bulk shipping firm Precious Shipping (PSL) announced today the executing of a USD 81.50 million Term Loan Facility with Export-Import Bank of

May 30, 2014
Total Views: 64

costa concordia
Marine Salvage

Costa Concordia to Be Scrapped in Italy – Update

Update: The plan calls for the Costa Concordia to be towed to Genoa where the ship will be dismantled, according to reports. The tow is expected to commence

May 30, 2014
Total Views: 59