Shipping News

PRESS RELEASE – Ship Finance International Limited (NYSE: SFL) today announced the agreement to acquire two 82,000 dwt Kamsarmax dry-bulk carriers built

By Kathleen Hunter May 22 (Bloomberg) — The U.S. Senate cleared for President Barack Obama’s signature a $12.3 billion water-projects bill that

The main driver of this year’s outlook is the anticipated development of El Niño this summer, according to

Oregon Iron Works (OIW) and Vigor Industrial (Vigor) have announced that the companies are merging in order to compete for larger and more complex projects and

By Thomas Allegretti, Chairman, American Maritime

As bigger and bigger containerships are now calling on U.S. ports, the U.S. Coast Guard, along with the San Francisco Bar Pilots, local tug workgroup members

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION America’s open seas have long been a source of prosperity and strength, and since before

The union representing tugboat workers at Australia’s Port Hedland, the world’s biggest bulk export terminal, will suspend taking strike action for the

By Oleg Vukmanovic MILAN, May 22 (Reuters) – Angola’s new liquefied natural gas (LNG) export project aims to charter out its entire tanker fleet

By Mark Shenk May 21 (Bloomberg) — U.S. crude imports dropped to a 17- year low last week as the shale boom bolstered output, moving the nation closer to

By James Regan SYDNEY, May 21 (Reuters) – BHP Billiton said on Wednesday it may seek government intervention to avert industrial action by tugboat

By Christian Wienberg May 21 (Bloomberg) — A.P. Moller-Maersk A/S’s container- shipping line, the world’s largest, said first-quarter profit more

Global miners and commodity traders are using multiple strategies to lock in favourable rates for shipping costs, anticipating a freight market recovery after

The International Maritime Organization’s Maritime Safety Committee (MSC) has approved long-awaited changes to the Safety of Life at Sea (SOLAS) convention

The U.S. Coast Guard has resumed its search for four sailors that disappeared in the North Atlantic Ocean last Friday after activating two of their emergency

MELBOURNE, May 20 (Reuters) – Two of the world’s biggest iron ore miners BHP Billiton and Fortescue Metals Group held-government sponsored

The U.S. Coast Guard last week detained a 39,848 DWT Singapore-flagged bulk carrier in the Port of Portland after inspectors uncovered numerous safety

By Jasmine Ng May 19 (Bloomberg) — Iron ore futures in Singapore traded below $100 a metric ton for the first time since the contract started last year

Meow Man brings us an evening fly-by of Donjon Marine’s Chesapeake 1000 crane barge. The 1972-built barge has a lifting capacity of 1,000 short tons at

JERUSALEM, May 19 (Reuters) – Israel Corp shareholders are set to vote on a $3 billion restructuring plan by the conglomerate’s shipping offshoot