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, January 31, 2014
Panama Canal Expansion has U.S. Ports Jumping -In Depth
Shipping News

Panama Canal Expansion has U.S. Ports Jumping -In Depth

By Eric Sabo Jan. 31 (Bloomberg) — It’s an overcast morning as the Zim Shanghai squeezes through the narrows locks near the eastern end of the Panama

January 31, 2014
Total Views: 35

Rolldock’s Newest Semi-Submersible Heavy Lift Ro-Ro Launched in Germany
News

Rolldock’s Newest Semi-Submersible Heavy Lift Ro-Ro Launched in Germany

On January 31, 2014, the semi-submersible heavy lift Ro-Ro "Rolldock Storm" (Yard No. 759) was launched before a crowd at Flensburger Schiffbau-Gesellschaft

January 31, 2014
Total Views: 237

Vigor In Talks to Buy Seward, Alaska Shipyard
Shipping News

Vigor In Talks to Buy Seward, Alaska Shipyard

The owner of Seward Ship’s Drydock has signed a letter of intent to sell the assets of the Seward, Alaska, shipyard company to Vigor

January 31, 2014
Total Views: 73

hsh nordbank deutsche bank nordlb
Finance

German Ship Lenders Brace For ECB Health Check

By Arno Schuetze and Andreas Kröner FRANKFURT, Jan 30 (Reuters) – As the European Central Bank prepares to test the resilience of the region’s

January 31, 2014
Total Views: 40

Thursday, January 30, 2014
Two Collisions, Two Spills in Singapore
Shipping News

Two Collisions, Two Spills in Singapore

The Maritime and Port Authority of Singapore is coordinating the containment and clean-up of two oil spills following two separate collisions south of Jurong

January 30, 2014
Total Views: 100

MARAD Awards $7 Million to Maritime Academies
Shipping News

MARAD Awards $7 Million to Maritime Academies

The U.S. Department of Transportation’s Maritime Administration has announced that the United State's six state maritime academies will receive $1 million

January 30, 2014
Total Views: 53

berlian laju tanker logo
News

Indonesian Shipping Firm Berlian Laju Slashes Fleet By 44 Percent

Indonesian oil and gas shipping firm PT Berlian Laju Tanker, which narrowly escaped bankruptcy last year, said on Thursday it has cut its fleet size by 44

January 30, 2014
Total Views: 64

kirby
News

Record Year for Kirby

Considering the huge increase in oil production this year within the United States, it’s no surprise that Kirby Corporation (NYSE:KEX), the United

January 30, 2014
Total Views: 21

heung-a shipping chemical tanker
News

Heung-A Shipping Records 40 Percent Drop in Operating Income

Even with a 6 percent increase in sales this year, South Korean chemical tanker and container shipper Heung-A Shipping recorded a 39.7 percent drop in

January 30, 2014
Total Views: 32

mt seeb vlcc nitc
News

P&I Clubs Sound Alarm Over Iran Ship Insurance

A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States has not been able to clarify

January 30, 2014
Total Views: 33

Wednesday, January 29, 2014
refinery phillips 66
News

Cheaper Crude And Fuel Exports Help U.S. Refiners’ Profits

By Kristen Hays and Anna Driver HOUSTON, Jan 29 (Reuters) – Marathon Petroleum Corp, Valero Energy Corp and Phillips 66, the three largest U.S.

January 29, 2014
Total Views: 34

U.S. Joins Carnival Pollution Probe
Shipping News

U.S. Joins Carnival Pollution Probe

Carnival Corp., the world’s largest cruise operator, said the U.S. Justice Department joined a U.K. investigation into whether its Caribbean Princess ship

January 29, 2014
Total Views: 13

mt kerala
News

Faked Hijacking Allegations “Ridiculous and Laughable” Says Dynacom

In a phone call with Dynacom Tankers Management today, they note that the allegations by the Angolan Navy that the MT Kerala hijacking was faked are

January 29, 2014
Total Views: 30

Star Bulk to Acquire Pair of Tsuneishi-Built Bulk Carriers
News

Star Bulk to Acquire Pair of Tsuneishi-Built Bulk Carriers

Star Bulk Carriers Corp. (Nasdaq: SBLK) announced today a signed agreement to acquire two Chinese-built Post-Panamax bulkers, the M/V “GL Qushan”

January 29, 2014
Total Views: 49

velikiy novgorod gazprom sovcomflot
News

Yamal LNG to Pick European Transshipment Port by Third Quarter

Yamal LNG, a venture developing a liquefied natural gas export plant in the Russian Arctic, plans to pick a terminal for transshipping the fuel in Europe by

January 29, 2014
Total Views: 64

maran gas coronis lng carrier
News

Maran-Nakilat JV Gains Financing for More LNG Carriers

Nakilat has announced the securing of a USD $669 million loan facility with QNB Group today which the Qatari LNG shipper says they will use to refinance

January 29, 2014
Total Views: 195

Tuesday, January 28, 2014
Interesting Ship: New Compact Accommodation Vessel ‘Olympia’
Shipping News

Interesting Ship: New Compact Accommodation Vessel ‘Olympia’

Do not adjust your screen resolution, this interesting new ship is actually a compact accommodation vessel recently delivered to the Brazilian company

January 28, 2014
Total Views: 468

mv smart aground
Marine Salvage

MV Smart Salvage Enters Phase Three

Salvage crews in South Africa have kicked off the third phase of salvage operations to remove what's left of the MV Smart shipwreck in Richards

January 28, 2014
Total Views: 115

News

Tehran Looks for Foreign Investment as Iranian Tankers Restart Crude Shipments

The National Iranian Tanker Company (NITC) is poised to carry crude oil to Asian buyers in its own vessels as sanctions ease following the implementation of

January 28, 2014
Total Views: 18

A Look Inside the Ship and Systems Tasked with Destroying Syria’s Chemical Weapons – PHOTOS
Shipping News

A Look Inside the Ship and Systems Tasked with Destroying Syria’s Chemical Weapons – PHOTOS

The U.S. Department of Defense has confirmed that the M/V Cape Ray (T-AKR 9679) was deployed from Portsmouth, Virginia on Monday for its mission to the

January 28, 2014
Total Views: 151