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, April 25, 2014
Japan Prime Minister Revives Dying Shipyards with Economic Stimulus
News

Japan Prime Minister Revives Dying Shipyards with Economic Stimulus

For a sign of success for Prime Minister Shinzo Abe’s economic stimulus policies look no further than Japan’s once-stricken shipbuilding

April 25, 2014
Total Views: 28

Thursday, April 24, 2014
port of houston dry bulk grain elevators
News

U.S. Corn Shipments Hit 24-Year Highs Despite China Cancellations

By Michael Hirtzer April 24 (Reuters) – U.S. exporters last week shipped the most corn in at least 24 years, government data showed on Thursday, despite

April 24, 2014
Total Views: 13

Golden Zhejiang knightsbridge
News

Knightsbridge Chairman Predicts Capesize Sector Recovery

Knightsbridge Tankers and Frontline 2012 announced today the two companies had reached an agreement to combine Frontline 2012’s remaining fleet 25

April 24, 2014
Total Views: 29

cosco
News

COSCO Scraps Over 800,000 Deadweight Tons So Far in 2014

Following up on an announcement last August, China COSCO has been busy this year selling their ships for scrap as part of their company’s restructuring

April 24, 2014
Total Views: 52

scafi asd tug damen
News

Scafi Orders 15th Damen Tug

Scafi, the Italian shipping group has ordered their 15th Damen tug today as part of their continual fleet renewal program. Damen notes that although this is

April 24, 2014
Total Views: 103

All At Sea: Global Shipping Fleet Exposed To Hacking Threat
News

All At Sea: Global Shipping Fleet Exposed To Hacking Threat

By Jeremy Wagstaff SINGAPORE, April 24 (Reuters) – The next hacker playground: the open seas – and the oil tankers and container vessels that ship

April 24, 2014
Total Views: 53

China Releases Japanese Ship Held Over WWII-Era Dispute
Shipping News

China Releases Japanese Ship Held Over WWII-Era Dispute

By Chris Cooper and Kiyotaka Matsuda April 24 (Bloomberg) — A Chinese court released a Japanese ship owned by Mitsui O.S.K. Lines Ltd. after the cargo

April 24, 2014
Total Views: 31

Divers Continue Sewol Search as Probe Expands
News

Divers Continue Sewol Search as Probe Expands

By Cynthia Kim, Seonjin Cha and Sam Kim April 24 (Bloomberg) — Divers retrieved more bodies from a South Korean ferry that sank last week, as

April 24, 2014
Total Views: 35

Wednesday, April 23, 2014
South Korea Finally Gives Refuge to Fire-Scorched Tanker
Interesting

South Korea Finally Gives Refuge to Fire-Scorched Tanker

At the end of 2013, the Hong Kong-flagged chemical tanker Maritime Maisie was t-boned by the car carrier Gravity Highway which was on sea trials from Hyundai

April 23, 2014
Total Views: 99

stx offshore lng carrier sovcomflot gazprom
News

Yamal LNG to Order 16 New Gas Carriers – Report

MOSCOW, April 23 (Reuters) – The Yamal LNG project in Russia’s Arctic has chosen Russian Sovcomflot, Japan’s Mitsui OSK and Canada’s

April 23, 2014
Total Views: 65

Tuesday, April 22, 2014
ihc merwede dredger
News

TNPA Orders South Africa’s Largest Trailing Suction Hopper Dredger

South Africa’s  Transnet National Ports Authority (TNPA) has awarded IHC Merwede the contract for the design, construction and delivery of a

April 22, 2014
Total Views: 184

usns seay lmsr
Defense

General Dynamics Will Continue to Operate Military Sealift Command’s LMSRs

General Dynamics’ American Overseas Marine (AMSEA) business unit won a major contract extension today from the U.S. Navy to continue to operate and

April 22, 2014
Total Views: 100

fleetone inmarsat
News

Want to Access the gCaptain Forum at Sea? Try Inmarsat’s FleetOne

[SPONSORED] While in Tokyo at Sea Japan the other week, I met up with Peter Broadhurst, Vice President at Inmarsat Maritime who was introducing a new service

April 22, 2014
Total Views: 16

Mercator Lines Points Finger at Private Equity for Dry Bulk Overcapacity Issues
News

Mercator Lines Points Finger at Private Equity for Dry Bulk Overcapacity Issues

A day after dry bulk shipper Genco Shipping announced filing for Ch. 11 bankruptcy protection, the Baltic Dry Index (BDI) continues to fall further. At 930

April 22, 2014
Total Views: 1170

jonathan greenert wu shengli
News

Pacific Accord On Maritime Code Could Help Prevent Conflicts

By Megha Rajagopalan QINGDAO, China, April 22 (Reuters) – Countries embroiled in territorial rows in the East and South China Seas agreed on Tuesday to

April 22, 2014
Total Views: 23

First Distress Call from Sewol Came From Frightened Boy
News

First Distress Call from Sewol Came From Frightened Boy

By Narae Kim and Meeyoung Cho SEOUL, April 22 (Reuters) – The first distress call from a sinking South Korean ferry was made by a boy with a shaking

April 22, 2014
Total Views: 78

Large Wave Injures Three Aboard Cargo Ship
News

Large Wave Injures Three Aboard Cargo Ship

Three crewmembers from a 587-foot cargo ship were injured Sunday afternoon after the vessel was reportedly struck by a large wave about 500 miles south of

April 22, 2014
Total Views: 104

Monday, April 21, 2014
Genco Tiberius shipping capesize
Finance

Genco Shipping Files for Bankruptcy

By Dawn McCarty April 21 (Bloomberg) — Peter Georgiopoulos’s Genco Shipping & Trading Ltd., an operator of dry-bulk cargo ships, filed for

April 21, 2014
Total Views: 221

Maritime Professional Training’s Amy Beavers Appointed as MERPAC Vice Chair
News

Maritime Professional Training’s Amy Beavers Appointed as MERPAC Vice Chair

Rear Admiral Joseph Servidio has formally appointed Amy Beavers, Vice President of Regulatory Compliance at Florida-based maritime school Maritime

April 21, 2014
Total Views: 16

Sunday, April 20, 2014
Four Years Since Deepwater Horizon, Risk is Still Everywhere
Incidents

Four Years Since Deepwater Horizon, Risk is Still Everywhere

“Rob are you ok?” Four years ago today, a friend of mine woke me up with those words. He was referring to the drilling rig Deepwater Horizon which

April 20, 2014
Total Views: 43