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, November 16, 2020
Offshore Patrol Cutter Drawing
Shipping News

GAO Study Finds Significant Risks in Coast Guard’s Offshore Patrol Cutter Program

The U.S. Government Accountability Office says the Coast Guard accepted significant risk with the Offshore Patrol Cutter program after Hurricane Michael hit

November 16, 2020
Total Views: 9391

IMO greenhouse gas emissions
Shipping News

Shipping Industry Proposes $5 Billion Program to Help Decarbonize Shipping

The global shipping industry is urgently calling on governments to move forward on a proposal for a $5 billion industry-financed research and development

November 16, 2020
Total Views: 867

Hurricane Iota Reaches Catastrophic Category 5 Strength as it Barrels Toward Nicaragua
Environment

Hurricane Iota Reaches Catastrophic Category 5 Strength as it Barrels Toward Nicaragua

Hurricane Iota reached category 5 strength on Monday, the latest category 5 on record for the Atlantic basin, according to the NOAA NWS National Hurricane

November 16, 2020
Total Views: 367

lng bunkering rotterdam
Shipping

Historic LNG Bunkering Operation Completed in Rotterdam

The LNG-powered CMA CGM Jacques Saadé has marked a new milestone as it completed its first LNG bunkering in Rotterdam. CMA CGM said called the operation the

November 16, 2020
Total Views: 799

container port
Shipping

Carriers Accused of ‘Using Pandemic to Boost Profits’ as Asia-Europe Rates Explode

By Mike Wackett (The Loadstar) – Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with

November 16, 2020
Total Views: 1459

container shipping
Shipping

Surprise Cargo Surge Could Surpass Last Year’s Holiday Period

By Richard Weiss and Christopher Jasper (Bloomberg) — Freight carriers including container shippers and cargo airlines say global demand is building

November 16, 2020
Total Views: 461

Friday, November 13, 2020
Iota Becomes 30th Named Storm in 2020’s Historic Hurricane Season
Shipping News

Iota Becomes 30th Named Storm in 2020’s Historic Hurricane Season

By Brian K. Sullivan (Bloomberg) –A system swirling across the central Caribbean has been named Tropical Storm Iota as it heads toward hurricane-ravaged

November 13, 2020
Total Views: 351

Weld Failure on Mooring Equipment Led to Barge Striking Fishing Pier -NTSB
Accidents

Weld Failure on Mooring Equipment Led to Barge Striking Fishing Pier -NTSB

The failure of a weld ultimately led to a barge breaking loose from its mooring and heavily damaging a pier in Hampton, Virginia, the National Transportation

November 13, 2020
Total Views: 1275

IMO’s Maritime Safety Committee Addresses Crew Change Crisis – Better Day for Seafarers Coming and Going
Shipping

IMO’s Maritime Safety Committee Addresses Crew Change Crisis – Better Day for Seafarers Coming and Going

By Barry Parker – Repatriation of seafarers has been one of the most vexing issues facing the maritime industry throughout 2020, as Covid-19 has ravaged

November 13, 2020
Total Views: 900

Oil tanker in Ningbo Zhoushan port
Shipping

China Oil Giant Unipec Eyes New Supertankers to Shrink Fuel Glut

By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel

November 13, 2020
Total Views: 842

bulk carrier sunset
Shipping News

China-Australia Spat Strands 400 Seafarers as Crew Change Humanitarian Crisis Looms

By Aaron Clark, Rajesh Kumar Singh and Kevin Varley (Bloomberg) — An estimated 400 seafarers and roughly 2 million tons of coal are stuck on ships off

November 13, 2020
Total Views: 599

SeaDream Halts Caribbean Cruise as More Passengers Test Positive for COVID-19
Cruise Ships

SeaDream Halts Caribbean Cruise as More Passengers Test Positive for COVID-19

OSLO, Nov 13 (Reuters) – SeaDream Yacht Club has halted a cruise in the Caribbean following several positive coronavirus tests among passengers, the

November 13, 2020
Total Views: 379

hapag-lloyd containership
Shipping

Hapag-Lloyd Sees Higher Earnings on Cheaper Fuel and Recovering Demand

By Vera Eckert FRANKFURT, Nov 13 (Reuters) – German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices

November 13, 2020
Total Views: 261

bulk ship
Ports

Vale and Chinese Port Sign $651 Million Deal for Iron Ore Storage

BEIJING, Nov 13 (Reuters) – Brazil’s Vale and China’s Ningbo Zhoushan Port have signed a deal to invest around 4.3 billion yuan ($650.6

November 13, 2020
Total Views: 561

Thursday, November 12, 2020
port of long beach
Ports

Port of Long Beach Breaks Monthly Cargo Record Again, Continuing Historic Recovery Run

The Port of Long Beach reported its busiest month ever again in October as the number of twenty-foot containers handled topped 800,000 for the first time in

November 12, 2020
Total Views: 559

Pirate Attack: Italian Navy Protects Tanker in Gulf of Guinea
Shipping News

Pirate Attack: Italian Navy Protects Tanker in Gulf of Guinea

The Italian Navy chased off a group of pirates attempting to the attack a tanker this week in international waters off Benin in the Gulf of Guinea. The

November 12, 2020
Total Views: 1129

First Cruise Back in Caribbean Has COVID-19 Case On Board
Cruise Ships

First Cruise Back in Caribbean Has COVID-19 Case On Board

Update: Seadream Halts Cruise as More Passengers Test Positive for Virus Passengers are locked down on board the SeaDream 1 cruise ship after a passenger had

November 12, 2020
Total Views: 533

offshore wind turbine
Environment

First Major U.S. Offshore Wind Farm Faces Latest Permitting Delay

By Nichola Groom Nov 12 (Reuters) – A federal agency said on Thursday it has again delayed a long-awaited environmental study crucial to permitting the

November 12, 2020
Total Views: 461

CMA CGM to Expand LNG-Powered Fleet to 26 Vessels
Shipping

CMA CGM to Expand LNG-Powered Fleet to 26 Vessels

PARIS, Nov 12 (Reuters) – Container shipping group CMA CGM will expand its use of liquified natural gas (LNG) to 26 vessels, it said on Thursday, as part

November 12, 2020
Total Views: 735

Stranded Coal Ships in Crosshairs of China-Australia Spat
Shipping News

Stranded Coal Ships in Crosshairs of China-Australia Spat

By Aaron Clark, Kevin Varley and Rajesh Kumar Singh (Bloomberg) — At least 20 giant bulk carriers are anchored off the Chinese port of Jingtang and

November 12, 2020
Total Views: 595