Shipping News

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


Monday, January 13, 2014
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: 64

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: 37

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: 152

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: 430

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: 166

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: 68

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: 255

Freeport-McMoRan Copper & Gold
Shipping News

Indonesia Eases Ore Ban as Freeport Keeps Copper Exports

Indonesia pushed ahead with a watered-down ban on mineral ore exports that will cut global nickel supplies and allow Freeport-McMoRan Copper & Gold Inc. to

January 12, 2014
Total Views: 79

Saturday, January 11, 2014
Sacyr Says Has $574 Million At Stake In Panama Canal Expansion Contract
Shipping News

Sacyr Says Has $574 Million At Stake In Panama Canal Expansion Contract

Sacyr, the Spanish building company leading a consortium to expand the Panama Canal, said it risks losing $574 million in guarantees and advance payments if a

January 11, 2014
Total Views: 27

Freeport-McMoRan Copper & Gold
News

Freeport Halts Indonesia Copper Exports Ahead Of Mineral Export Ban

U.S. mining giant Freeport McMoRan Copper and Gold Inc halted its copper exports from Indonesia, less than an hour before a controversial mineral export ban

January 11, 2014
Total Views: 94

Friday, January 10, 2014
OSV Crewmember Loses Foot in Accident Off Louisiana
Shipping News

OSV Crewmember Loses Foot in Accident Off Louisiana

A U.S. Coast Guard aircrew medevaced a 27-year-old man from an offshore supply vessel 5 miles off Louisiana, Thursday, after losing his foot in an

January 10, 2014
Total Views: 44

bulk carrier iron ore loading australia
News

Capesize Rates Plunge Nearly 30 Percent

The cost of hauling coal and other commodities had its biggest one-day percentage drop on record after Colombia restricted some exports by Drummond Co.,

January 10, 2014
Total Views: 26

Thursday, January 9, 2014
Coast Guard Suspends Searches for Missing Crewman
News

Coast Guard Suspends Searches for Missing Crewman

The U.S. Coast Guard has suspended the searches for two missing crewmembers believed to have fallen overboard from a tanker and a cruise ship in two separate

January 9, 2014
Total Views: 19

Wednesday, January 8, 2014
maersk sealand
Interesting

Maersk Line to Bring SeaLand Back

Maersk Line announced today the revival of the SeaLand brand with formation of a new US-headquartered, intra-Americas container shipping firm of the same name.

January 8, 2014
Total Views: 322

Monday, January 6, 2014
bulk carrier iron ore loading australia
News

Scorpio Bulkers Places $1.2 Billion Order Like It’s No Big Deal

In an emailed statement this morning that didn’t include any executive commentary, Scorpio Bulkers Inc. (NYSE: SALT) announced $1,171 million in

January 6, 2014
Total Views: 45

Wednesday, January 1, 2014
port hedland australia capesize iron ore
News

Iron Ore Loading Resumes at Australia’s Ports

Ports in Australia's resource-rich Pilbara region were returning to normal and loading vessels on Wednesday after suspending shipments and evacuating staff

January 1, 2014
Total Views: 129

Tuesday, December 31, 2013
corn grain
News

Commodities: Corn Set for Biggest Drop Since 1960

Dec. 31 (Bloomberg) — Corn headed for the biggest annual drop since at least 1960 and wheat tumbled the most in five years as grain production climbs to

December 31, 2013
Total Views: 151

Monday, December 30, 2013
Overseas Reymar
Shipping News

Pilot’s Last Minute Decision Caused Overseas Reymar Allision with Bay Bridge – NTSB

The National Transportation Safety Board has released a Marine Accident Report on its investigation into the January 2013 allision between the Overseas Reymar

December 30, 2013
Total Views: 244

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

Cyclone Stops Australia’s Iron Ore Exports as Rigs Shutdown

Iron ore shipments from northern Australia, the world’s biggest exporter, and some offshore oil drilling were halted as a cyclone forecast to bring

December 30, 2013
Total Views: 53

msc monterey evacuation
Incidents

MSC Monterey Suffers Crack Off Canada – UPDATE

Update 2: 1.5 Meter Crack Discovered in Hull of MSC Monterey Update: The Joint Rescue Coordination Centre reports that the MSC Monterey is currently at anchor

December 30, 2013
Total Views: 175