Shipping News

By Nicholas Brautlecht May 13 (Bloomberg) — Hapag-Lloyd AG, Germany’s biggest container line, said its first-quarter loss widened as the takeover of

Intermarine, the Houston-based project cargo carrier, has announced a plan to add 15 new ships as part of a fleet renewal program over the next three years.

The Finnish Transport Agency’s new 19MW icebreaker ordered from Arctech Helsinki Shipyard this past February will be outfitted with three of ABB’s

By K. Denise Rucker Krepp The Maritime Administration hosted a symposium recently in preparation for drafting a new national maritime strategy.  Like the

By Phoebe Sedgman and Jasmine Ng May 12 (Bloomberg) — Tugboat workers at Australia’s Port Hedland approved work stoppages amid a dispute over wages and

The Philippines has jailed 11 Chinese fishermen caught with endangered sea turtles off a disputed shoal in the South China Sea, officials said on Saturday,

NOAA research vessel Okeanos Explorer captured this gem during a dive in the U.S. Gulf of Mexico, April 26,

Baltic Shipyard (Baltiysky Zavod), a member of Russia’s United Shipbuilding Corporation, has won an open tender to construct two additional Project 22220

By Golnar Motevalli and Anthony DiPaola May 8 (Bloomberg) — Iran will export crude oil at the maximum level possible, regardless of restrictions imposed

May 8 (Bloomberg) — There’s so much cheap iron ore flooding into China that rates for the ships that carry it are forecast to jump almost 70 percent by

May 6 (Bloomberg) — Standard Chartered Plc, the British bank that earns most of its profit from Asia, expects to increase its $5.5 billion of loans to

By Anthony Russell As Russian forces took Crimea in late February, commentators repeatedly emphasized the Ukrainian peninsula’s strategic importance as a

An internal Maersk Line Limited (MLL) memo sent to gCaptain indicates changes are on the horizon for the Norfolk, Virginia-based U.S. flagged shipping company.

HOUSTON, May 5 (Reuters) – State-run oil company Petroecuador is offering to buy up to 18 diesel cargoes, 240,000 barrels each, with deliveries starting

May 5 (Bloomberg) — Odyssey Marine Exploration Inc., a marine salvager specializing in extracting cargoes from sunken ships, recovered its first gold

Oivind Lorentzen, Chief Executive Officer of Fort Lauderdale-based SEACOR Holdings Inc. (NYSE: CKH) announced plans for further asset growth today as a result

By Major Bryan Abell, USMCR I am not an expert on maritime piracy, nor am I an expert on West Africa. So seven months ago when our Stanford team

PRESS RELEASE – The Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, has appointed Robert

PRESS RELEASE – Seagull has released the Bulker Industry Training Standard (BITS), a predefined competence management system for the dry bulk industry.

According to Clarkson Research, global trade growth is projected to reach around 6.0 percent in 2014 as compared to 4.9 percent growth in 2013, yet with a