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, March 17, 2020
zao galaxy tanker
Shipping News

Recent APPS Case Shows Importance of Whistleblowers

By Jessica T. Moore – On the open seas away from watchful eyes, illegal ocean polluters might never be held accountable for damaging the fragile marine

March 17, 2020
Total Views: 392

maersk containership
News

Maersk Suspends Crew Changes Until April 14

The world’s largest container line has suspended crew changes for all of its operated ships amid the coronavirus pandemic. In an emailed statement, A.P.

March 17, 2020
Total Views: 173

mt europe
News

Glencore Charters One of the World’s Biggest Tankers to Store Oil at Sea

LONDON, March 17 (Reuters) – Trading house Glencore has chartered the 3 million barrel crude carrier ‘Europe’ to store oil at sea

March 17, 2020
Total Views: 507

Posidonia Postponed
News

Posidonia Postponed

LONDON, March 17 (Reuters) – Posidonia, one of the world’s biggest shipping exhibitions due to have been held in June, has been postponed

March 17, 2020
Total Views: 13

Monday, March 16, 2020
Stena Line Announces 950 Layoffs Due to Coronavirus Impact
News

Stena Line Announces 950 Layoffs Due to Coronavirus Impact

European ferry operator Stena Line has announced plans to layoff 950 employees due to travel restrictions imposed amid the coronavirus pandemic.   The

March 16, 2020
Total Views: 158

carnival cruise ship
Cruise Ships

Warning of Loss, Carnival Moves to Shore Up Liquidity

By Jonathan Levin (Bloomberg) — Carnival Corp., the largest player in a cruise industry reeling from the effects of the coronavirus, said it expects a

March 16, 2020
Total Views: 236

wave breaking over tanker
News

Surging Demand to Move Crude Oil Sends Smaller Tanker Rates Soaring

By Roslan Khasawneh – SINGAPORE, March 16 (Reuters) – A surge in demand to ship the flood of crude oil unleashed by Saudi Arabia and its OPEC peers

March 16, 2020
Total Views: 190

Major Cruise Lines Suspend Voyages After President’s Request
News

Major Cruise Lines Suspend Voyages After President’s Request

By Jonathan Levin (Bloomberg) — President Donald Trump said the country’s biggest cruise lines will suspend operations for a month at his request,

March 16, 2020
Total Views: 86

Sunday, March 15, 2020
China’s Port Jam Eases, but Refrigerated Container Rates Soar
News

China’s Port Jam Eases, but Refrigerated Container Rates Soar

By Muyu Xu and Dominique Patton BEIJING, March 13 (Reuters) – Severe congestion at Chinese ports is easing, say officials and industry participants,

March 15, 2020
Total Views: 168

Friday, March 13, 2020
Royal Caribbean Suspends U.S. Cruises, Joining Rivals
News

Royal Caribbean Suspends U.S. Cruises, Joining Rivals

March 13 (Reuters) – Royal Caribbean Cruises Ltd said on Friday it was suspending its cruises in the United States for 30 days, an hour after Norwegian

March 13, 2020
Total Views: 146

oil tanker
News

Saudi Booking Spree Sends Tanker Rates Soaring

By Alex Longley, Jack Wittels and Firat Kayakiran (Bloomberg) — Saudi Arabia is snapping up more and more oil tankers as the kingdom prepares to flood

March 13, 2020
Total Views: 143

oil tanker
News

Oil Heads for Worst Week Since 2008

By Alex Longley (Bloomberg) — Oil is headed for its largest weekly collapse since 2008 as a bitter price war erupted between Saudi Arabia and Russia,

March 13, 2020
Total Views: 77

File photo of a product tanker underway at sea
News

Shale Drillers Float Jones Act Waiver

By Jennifer A. Dlouhy (Bloomberg) — U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump

March 13, 2020
Total Views: 102

Trump Administration Dashes Hopes of Tariff Cut
News

Trump Administration Dashes Hopes of Tariff Cut

By David Lawder and Andrea Shalal WASHINGTON, March 13 (Reuters) – The Trump administration is not considering broad relief from import tariffs on

March 13, 2020
Total Views: 79

Thursday, March 12, 2020
container terminal at port
News

Global Recession Risk Spikes as World Powers Down, Markets Slump

By Enda Curran and Michelle Jamrisko (Bloomberg) — A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services

March 12, 2020
Total Views: 41

stellar banner debunkering operation
News

Ardent-Smit Team Begins Debunkering Stellar Banner Off Brazil

Salvage crews have started the operation to remove fuel oil from the stricken Stellar Banner off the coast of the Brazil.  The debunkering operation is

March 12, 2020
Total Views: 393

MSC Sending World’s Biggest Containerships to U.S. to Reposition Empties
News

MSC Sending World’s Biggest Containerships to U.S. to Reposition Empties

By Mike Wackett – MSC is deploying the world’s biggest ships to evacuate empty containers from China to the US, as carriers on the transpacific try

March 12, 2020
Total Views: 329

Saudi Arabia Floods Market with Cheap Oil to Squeeze Out Russia
News

Saudi Arabia Floods Market with Cheap Oil to Squeeze Out Russia

By Olga Yagova and Gleb Gorodyankin MOSCOW, March 12 (Reuters) – Saudi Arabia has stepped up efforts to squeeze Russia’s Urals oil grade out of its

March 12, 2020
Total Views: 178

offshore rig
News

UK Imposes Travel Restrictions to North Sea Oil and Gas Installations

LONDON, March 12 (Reuters) – Britain’s oil and gas sector association OGUK on Thursday banned people from travelling

March 12, 2020
Total Views: 220

golden ray salvage
Accidents

Golden Ray Salvage: Dye Test Coming to St. Simons Sound

The Unified Command overseeing the salvage of the Golden Ray car carrier is getting ready to literally dye the St. Simons Sound.  Crews will introduce the

March 12, 2020
Total Views: 274