Shipping News

Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.


Tuesday, February 18, 2014
Apollo-Rickmers JV Buys Six Used Containerships
Shipping News

Apollo-Rickmers JV Buys Six Used Containerships

A joint venture between Hamburg-based Rickmers Group and the private equity firm Apollo has purchased six used vessels from container shipper Hamburg Süd for

February 18, 2014
Total Views: 62

TOTE Secures Wärtsilä Technology For Orca LNG Conversions
News

TOTE Secures Wärtsilä Technology For Orca LNG Conversions

Jones Act-shipper Totem Ocean Trailer Express (TOTE) has selected Finnish engine manufacturer Wärtsilä to provide the LNG propulsion package for the

February 18, 2014
Total Views: 164

Billions Will be Saved via a Digitally-Connected Maritime Industry
News

Billions Will be Saved via a Digitally-Connected Maritime Industry

“Ship to shore connectivity has not kept pace with the unprecedented data access available ashore after the internet revolution, but things are changing

February 18, 2014
Total Views: 47

yangtze pearl vlcc
News

China’s Nanjing Tanker Poised To Delist, Underscoring Corporate Woes

  By Matthew Miller and Fang Yan BEIJING, Feb 18 (Reuters) – CSC Nanjing Tanker Corp is poised to become the first company backed by China’s

February 18, 2014
Total Views: 109

Exxonmobil fuel laboratory chemistry test tube
Engineering News

ExxonMobil’s “Top Tips” for Purchasing Marine Bunkers

Considering the huge commercial impact marine bunkers have on ship owners and operators, ExxonMobil has put together the following list of

February 18, 2014
Total Views: 72

irving shipbuilding
News

Irving Shipbuilding Sues Davie

Halifax, Canada-based Irving Shipbuilding Inc. has added Davie Shipyard, the largest shipyard in Canada, to its lawsuit over the alleged mishandling of

February 18, 2014
Total Views: 105

cargo ship shipping container maritime
Finance

Private-Equity Funds Bet $5 Billion on Shipping Rebound

Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising

February 18, 2014
Total Views: 1278

Manus Island processing centre
News

Asylum Seekers Riot at Australian Detention Camp, One Killed

An asylum seeker was killed and at least 77 injured in the second riot this week at a detention centre in Papua New Guinea used to process asylum seekers,

February 18, 2014
Total Views: 34

Monday, February 17, 2014
Vale Sees China Clearing Giant Ore Ships In Time
Shipping News

Vale Sees China Clearing Giant Ore Ships In Time

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

February 17, 2014
Total Views: 50

vale brasil vloc bulk carrier valemax
News

Vale Sees China Clearing Giant Ore Ships, Eventually

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

February 17, 2014
Total Views: 158

Maersk Containership Wreaks Havoc in Bremerhaven
Incidents

Maersk Containership Wreaks Havoc in Bremerhaven

The captain of the 8,700 teu containership Maersk Laberinto is likely feeling a bit humble today after a gust of wind allegedly caused his ship to lose

February 17, 2014
Total Views: 96

maritime maisie
Interesting

Maritime Maisie Chemical Tanker In Danger of Breaking Up

Classification society Lloyd's Register has warned that the fire-scorched chemical tanker Maritime Maisie is in danger of breaking up more than 50 days after a

February 17, 2014
Total Views: 555

aker arctic icebreaker
Engineering News

Arctech Helsinki and USC Joint Venture to Build New Finnish Icebreaker

Arctech Helsinki Shipyard, in a joint venture with Russia’s United Shipbuilding Corporation (USC), signed a contract with the Finnish Transport Agency to

February 17, 2014
Total Views: 137

Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill
News

Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill

By Meeyoung Cho SEOUL, Feb 17 (Reuters) – A tanker run by Singapore’s Ocean Tankers completed the offloading of 278,000 tonnes of oil in the sea

February 17, 2014
Total Views: 235

Saturday, February 15, 2014
stena penguin p-max tanker
Finance

Concordia Maritime Shares Gain on New Charter Contract with Shell

Concordia Maritime (STO:CCORB) announced on Friday a signed agreement with Shell Tankers Singapore Pte Ltd for the charter of the 65,200 dwt P-MAX tankers

February 15, 2014
Total Views: 63

BSS Power stalwart tankers
Finance

Stalwart Tankers Files for IPO, Announces Fleet Expansion Plans

Stalwart Tankers Inc, an Athens-based “prospective” chemical tanker owner led by Dimitrios J. Souravlas filed for IPO on the New York Stock

February 15, 2014
Total Views: 198

osg
Shipping News

OSG’s Tankers Are No Longer up for Auction

Euronav’s hopes of acquiring five OSG-owned VLCCs were dashed this week when OSG and their debtors came to an agreement to withdraw a

February 15, 2014
Total Views: 73

Japanese Fishing Vessel Runs Aground in Guam -UPDATE
Marine Salvage

Japanese Fishing Vessel Runs Aground in Guam -UPDATE

The U.S. Navy is partnering with federal and local agencies in Guam in response to potential environmental impacts following the grounding of Japanese fishing

February 15, 2014
Total Views: 148

Friday, February 14, 2014
nordlb
Finance

NordLB Not Planning Merger With Shipping Sector Peer HSH Nordbank – CEO

BERLIN, Feb 14 (Reuters) – German public-sector lender NordLB is not planning a merger with peer HSH Nordbank, its Chief Executive said in reaction to

February 14, 2014
Total Views: 44

Harvey Gulf Breaks Ground on Nation’s First LNG Bunkering Facility
Shipping News

Harvey Gulf Breaks Ground on Nation’s First LNG Bunkering Facility

New Orleans-based Harvey Gulf International Marine says it has broken ground on the United States' first LNG bunkering facility located at their Port Fourchon,

February 14, 2014
Total Views: 154