Shipping News

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


Thursday, March 26, 2020
Inland Tanker Splits in Two in Off Malta
News

Inland Tanker Splits in Two in Off Malta

Rescue crews in Malta rescued three seafarers after their vessel split in two in the western Mediterranean Sea on Wednesday.  The Armed Forces of Malta

March 26, 2020
Total Views: 282

durban port harbor deepening
News

South African Port Closures Add to Commodity Market Turmoil

By Helen Reid and Zandi Shabalala JOHANNESBURG/LONDON, March 26 (Reuters) – South Africa’s main export terminals will close to mineral exports from

March 26, 2020
Total Views: 158

World Trade Hit by Virus Sees Worst Collapse in a Generation
News

World Trade Hit by Virus Sees Worst Collapse in a Generation

By Bryce Baschuk (Bloomberg) — The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other

March 26, 2020
Total Views: 122

Wednesday, March 25, 2020
Wallenius Wilhelmsen ro-ro ship
Interesting

Wallenius Wilhelmsen Announces 2,500 Temporary Layoffs in U.S. and Mexico

Wallenius Wilhelmsen has announced temporary layoffs of 2,500 workers as it suspends operations at several land-based processing facilities in the U.S. and

March 25, 2020
Total Views: 314

symphony of the seas
Interesting

Royal Caribbean Extends Global Suspension of Cruises

Royal Caribbean has extended its global suspension of cruises into May due to the on-going COVID-19 crisis.  The company said in a statement Wednesday that it

March 25, 2020
Total Views: 202

Green LNG Seen as a Way to Meet IMO Emissions Targets, Study Shows
News

Green LNG Seen as a Way to Meet IMO Emissions Targets, Study Shows

By Anna Shiryaevskaya (Bloomberg) — Green forms of liquefied methane could be a viable fuel for ships to help the industry meet greenhouse-gas emission

March 25, 2020
Total Views: 127

Captain Livingstone: This Too Shall Pass
News

Captain Livingstone: This Too Shall Pass

By Captain George Livingstone – I doubt there is a soul on God’s green earth that doesn’t know what COVID-19 is, now a worldwide pandemic. Folks a

March 25, 2020
Total Views: 134

port of rotterdam
Shipping

Business of Shipping: Container Shipping Well-Positioned to Withstand COVID-19 Downturn

By Ira Breskin – The world’s container shipping industry is well-positioned to withstand the COVID-19 -induced downtown, say industry experts. Speakers

March 25, 2020
Total Views: 118

brexit port
News

Indian Ports in Chaos as Virus Lockdown Hits Operations

By Bloomberg News (Bloomberg) — India’s government told all major ports that the coronavirus fight is a valid reason to halt some port operations,

March 25, 2020
Total Views: 134

Princess Cruises-owned Ruby Princess is pictured docked at Circular Quay during the disembarkation of passengers in Sydney, Australia, March 19, 2020. Picture taken March 19, 2020. AAP Image/Dean Lewins/via REUTERS
News

Australian Cruise Becomes Nation’s Worst Coronavirus Cluster

By Kirsty Needham and Kate Lamb SYDNEY, March 25 (Reuters) – Greg Butler was rushed to hospital with COVID-19 within days of getting home to self-isolate

March 25, 2020
Total Views: 145

offshore wind farm
News

Equinor to Cut 2020 CapEx by $3 Billion

By Nerijus Adomaitis and Terje Solsvik OSLO, March 25 (Reuters) – Norwegian oil firm Equinor plans to cut investments, exploration drilling and operating

March 25, 2020
Total Views: 145

Tuesday, March 24, 2020
ships at port of rotterdam
News

EU Extends Vessel Sharing Agreement Exemptions Until 2024

By Foo Yun Chee BRUSSELS, March 24 (Reuters) – Cargo shipping companies will be exempt from antitrust rules against anti-competitive agreements for a

March 24, 2020
Total Views: 217

Sailors Aboard USS Theodore Roosevelt Test Positive for COVID-19
News

Sailors Aboard USS Theodore Roosevelt Test Positive for COVID-19

WASHINGTON, March 24 (Reuters) – Three U.S. sailors on board the Theodore Roosevelt aircraft carrier in the Pacific tested positive for the coronavirus,

March 24, 2020
Total Views: 51

jones act vessel
News

U.S.-Flag Great Lakes Shipping Season to Start Wednesday

The first U.S.-flag commercial vessel will transit the locks at Sault Ste. Marie, Michigan on Wednesday, kicking off the start of the 2020 sailing season.

March 24, 2020
Total Views: 100

Royal Caribbean Borrows $2.2 Billion to Shore Up Liquidity
News

Royal Caribbean Borrows $2.2 Billion to Shore Up Liquidity

Royal Caribbean has entered into a new financing facility that to further boost the company’s liquidity as the cruise market tanks amid the coronavirus

March 24, 2020
Total Views: 235

container ship underway at sea
Interesting

Shipping Industry Urges G20 to Keep Freight Flowing as Virus Hits Supply Chains

By Jonathan Saul and Elisa Anzolin LONDON/MILAN, March 24 (Reuters) – Ships and their crews must be able to trade freely with minimal port restrictions

March 24, 2020
Total Views: 113

Clogging Toilets on Ford-Class Aircraft Carriers Illustrate Navy Cost Overruns
Defense

Clogging Toilets on Ford-Class Aircraft Carriers Illustrate Navy Cost Overruns

By Tony Capaccio (Bloomberg) — New toilets on the Navy’s two newest aircraft carriers clog so frequently that the ships’ sewage systems must be

March 24, 2020
Total Views: 364

Monday, March 23, 2020
Hospital Ship ‘Mercy’ Steaming to Los Angeles to Assist with COVID-19 Response
Interesting

Hospital Ship ‘Mercy’ Steaming to Los Angeles to Assist with COVID-19 Response

The U.S. Navy hospital ship USNS Mercy departed her homeport at Naval Station San Diego today and is now underway to Los Angeles in support of the nation’s

March 23, 2020
Total Views: 102

Port of Savannah TEU Volumes Up 17 Percent in February
News

Port of Savannah TEU Volumes Up 17 Percent in February

The Port of Savannah recorded a sharp increase in container volumes in February although it expects March numbers to dip due to impacts from COVID-19.  On

March 23, 2020
Total Views: 57

Seven Kidnapped from Containership Off Gabon – Report
News

Seven Kidnapped from Containership Off Gabon – Report

Seven seafarers have been kidnapped from a container ship off the coast of Gabon in the Gulf of Guinea. Dryad Global reported with high confidence on Sunday

March 23, 2020
Total Views: 171