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, May 9, 2014
Project 22220 Russian Icebreaker
News

Baltic Shipyard Wins $2.4 Billion Icebreaker Tender

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

May 9, 2014
Total Views: 170

Thursday, May 8, 2014
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
News

Iran Oil Minister Completely Ignores Crude Export Limit Set in Nuclear Deal

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, 2014
Total Views: 38

Wednesday, May 7, 2014
Ships waiting to be loaded with iron ore are seen at Port Hedland in the Pilbara region of Western Australia
News

World Iron Ore Glut Outweighs Slowest China Growth Since ’90

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 7, 2014
Total Views: 38

Tuesday, May 6, 2014
handing money lending loan finance
Finance

StanChart Plans to Increase Lending to Maritime and Offshore Sector

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

May 6, 2014
Total Views: 54

Icebreakers Healy And Renda
Shipping News

Crimea, Climate Change, and U.S.-Russian Relations: A Perfect Storm

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

May 6, 2014
Total Views: 94

Monday, May 5, 2014
maersk virginia
Interesting

Maersk Line Limited to Reduce Headcount and Restructure

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.

May 5, 2014
Total Views: 105

tres bocas maritime terminal ecuador
News

State-Run Petroecuador Tenders To Buy 18 Diesel Cargoes

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, 2014
Total Views: 54

gold bars odyssey marine
News

Shipwreck Hunter Recovers Gold From Deepwater Atlantic Site

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

May 5, 2014
Total Views: 115

seabulk arctic
News

Seabulk Tankers to Expand Fleet Through New Joint Venture

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

May 5, 2014
Total Views: 225

Saturday, May 3, 2014
gulf of guinea west africa global map
News

West African Piracy: 7 Trends You Need to Know

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

May 3, 2014
Total Views: 91

Friday, May 2, 2014
robert twell liscr
News

LISCR Appoints New General Manager for London

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

May 2, 2014
Total Views: 68

roger ringstad seagull
News

Seagull Brings Competence Management System to the Dry Bulk Industry

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

May 2, 2014
Total Views: 156

anl warringa rickmers maritime
News

Rickmers Maritime Presses on, Hopes for Market Recovery in 2015

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

May 2, 2014
Total Views: 38

ultramar jean-gaulin refinery quebec
News

Valero to Suncor Shun Overseas Imports at Eastern Canada Plants

By Christine Harvey May 2 (Bloomberg) — Suncor Energy Inc. and Valero Energy Corp. are poised to use only North American crude in eastern Canada by 2015,

May 2, 2014
Total Views: 94

naga 3 jackup tow
News

Fairmount Drags the Naga 3 Across South China Sea

Fairmount Marine, the Netherlands-based ocean-going tug operator, announced this week that their 205 ton bollard pull tug, Fairmount Expedition completed the

May 2, 2014
Total Views: 98

hanjin shipping boston containership
News

Hanjin and Hyundai Must Sell Assets and Cut More Costs to Survive

By Mike Wackett, Against the continued toxic mix of oversupply and weak demand, cash-strapped ocean carriers are being forced to consider every creative

May 2, 2014
Total Views: 65

Thursday, May 1, 2014
port of vancouver rail loop
News

Tesoro’s Plan For Washington State Crude Railport Delayed

By Kristen Hays HOUSTON, May 1 (Reuters) – The start-up of a major Pacific Northwest rail-to-barge terminal that could bring hundreds of thousands of

May 1, 2014
Total Views: 35

winna wilson atb kirby signal international
News

Happy Days Continue for Kirby as Grzebinski Takes Over

Kirby Corporation’s record profit streak has continued through the first quarter according to their latest earnings report. The inland tug and barge

May 1, 2014
Total Views: 59

greenpeace mikhail ulyanov
News

Greenpeace Goes Bananas as Sovcomflot Tanker Arrives in Rotterdam

Sovcomflot’s ice class shuttle tanker Mikhail Ulyanov has been the target of a huge Greenpeace protest today upon arrival in Rotterdam. The tanker, which

May 1, 2014
Total Views: 64

wall street finance new york stock exchange
News

Life Imitates Art as Wall Street Bets on Shipping Debt

The fictional Robert Fairchild is one of the hottest names on Wall

May 1, 2014
Total Views: 85