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 17, 2014
LNG ship
Shipping News

LNG ASIA: Traders Forecast Spot-Price Gains as Buying Increases

North Asia’s March spot prices for liquefied natural gas will probably gain next week on more buying from Asia and Latin America, according to three of six

January 17, 2014
Total Views: 24

Thursday, January 16, 2014
cosco
Finance

China COSCO Says It Probably Returned To Profit In 2013, Avoiding Delisting

China COSCO Holdings, China's largest bulk shipping company, said on Thursday that it would have returned to profit in 2013, avoiding a possible delisting

January 16, 2014
Total Views: 28

winna wilson atb kirby signal international
News

Kirby to Order New ATB

Kirby Corporation (NYSE:KEX) announced plans to build a 185,000 barrel/10,000 hp Articulated Tug and Barge (ATB) unit for a total cost of between $75 and $80

January 16, 2014
Total Views: 187

japan P&I club
News

Japan P&I Club to Resume Ship Insurance For Iranian Oil Imports

TOKYO, Jan 16 (Reuters) – Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief

January 16, 2014
Total Views: 141

Israel Corp To Lose Control Of Zim Shipping In Debt Deal
News

Israel Corp To Lose Control Of Zim Shipping In Debt Deal

The Israel Corp holding company is set to lose control of shipping company Zim under the terms of a bailout agreement being negotiated with Zim's creditors,

January 16, 2014
Total Views: 88

Wednesday, January 15, 2014
Methane Jane Elizabeth
News

GasLog to Acquire Trio of Samsung-Built LNG Carriers

GasLog Ltd. (NYSE:GLOG) announced an agreement has been reached today with BG Group affiiate, Methane Services Ltd. (MSL), to purchase three of MSL’s LNG

January 15, 2014
Total Views: 74

‘Polar Onyx’ X-Bow OCV Has Left the Building [TIME LAPSE]
Blog

‘Polar Onyx’ X-Bow OCV Has Left the Building [TIME LAPSE]

Here is a timelapse video showing the recent launch of the SX121 design ‘Polar Onyx’ Offshore Construction Vessel (OSV) at the Ulstein Verft

January 15, 2014
Total Views: 111

bulk carrier capesize
News

Baltic Index Marks First Gain of 2014

he Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Wednesday, marking its first gain this year,

January 15, 2014
Total Views: 57

Tuesday, January 14, 2014
Kemp: Long Live The Jones Act?
Shipping News

Kemp: Long Live The Jones Act?

Reuters Commodities and Energy Senior Market Analyst, John Kemp, questions the effectiveness of the Jones Act in today's modern

January 14, 2014
Total Views: 35

John Garamendi
News

Congressman Garamendi Makes Bold Call to Support U.S. Merchant Marine

California Congressman John Garamendi spoke at the National Maritime Strategy Symposium this morning and set an aggressive tone to revamp the maritime policy

January 14, 2014
Total Views: 37

pacific sky tanker product
News

First Jubail Diesel Cargo Adds To Pain For Europe’s Refiners

Diesel from the new Jubail refinery in Saudi Arabia will head to Europe for the first time this month, piling pressure on refineries already battered by huge

January 14, 2014
Total Views: 44

Monday, January 13, 2014
Sacyr Vows to Finish Panama Canal Expansion Work As Planned
Shipping News

Sacyr Vows to Finish Panama Canal Expansion Work As Planned

Sacyr SA pledged to complete its contract to expand the Panama Canal, edging back from a threat to suspend the project if the waterway’s authority didn’t

January 13, 2014
Total Views: 49

Captain’s Perspective – Drydocking the MV Spirit of Vancouver Island
Engineering News

Captain’s Perspective – Drydocking the MV Spirit of Vancouver Island

By Captain Keith McLaren, As a shipmaster I am often asked what it is like to be in dry dock and as few can actually visit the ship during

January 13, 2014
Total Views: 371

product tanker mr oil ship
News

Transatlantic Clean Tanker Rates Rally To 5-Month High

Clean tanker rates on major export routes were mostly lower on Monday while firmer bookings helping to lift the transatlantic market to its highest level in

January 13, 2014
Total Views: 57

capesize bulk carrier
Shipping News

Falling Capesize Rates Bring Down Baltic Index

The Baltic's capesize index dropped 11.61 percent, shedding 244 points to

January 13, 2014
Total Views: 32

overseas shirley tanker osg
News

OSG to Outsource Technical Ship Management

Overseas Shipholding Group, Inc. (OTC:OSGIQ) has announced today that V.Ships will now take on the role of technical manager for their entire fleet of

January 13, 2014
Total Views: 146

MAN B&W Diesel 7S70ME-C
Engineering News

Nakilat to Repower Q-MAX LNG Carrier with Dual Fuel ME-GI Engine

Qatari shipping company Nakilat, the world’s largest owner of LNG carriers, along with Qatari LNG producers Qatargas, RasGas and engine manufacturer MAN

January 13, 2014
Total Views: 404

stv2630 damen clipper ship oman sail training
Engineering News

Oman’s Square-Rigged Flagship Launched at Damen Shipyards

Named the RNOV ‘Shabab Oman,” this 87-meter sail training vessel (STV) is destined to become the flagship of the Royal Navy of Oman once delivered

January 13, 2014
Total Views: 149

Sunday, January 12, 2014
nickel ore indonesia
News

Philippines Sees Nickel Boon on Indonesia’s Ban

The ban on mineral-ore exports from Indonesia, the world’s biggest nickel producer, is poised to benefit neighboring miners in the Philippines, who are

January 12, 2014
Total Views: 64

maersk nautilus tanker vlcc crude carrier
News

Shipowners Make Big Bets on Markets and Evolving U.S. Export Policies

With the holidays behind us, shipping slowly returns to daily routine of moving cargoes (we should never forget what shipping is all about) and everyone having

January 12, 2014
Total Views: 249