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, October 15, 2019
Ytterøyningen ferry
Environment

Fire and Gas Explosion in Battery Room of Norwegian Ferry Prompts Lithium-Ion Power Warning

Norwegian authorities are warning shipowners and operators about the dangers associated with lithium-ion battery systems after a fire and subsequent gas

October 15, 2019
Total Views: 1425

vlcc tanker
Shipping News

U.S.-Asia Tanker Rates Slip from Record Highs as Tanker Fears Ease

By Collin Eaton, Devika Krishna Kumar and Julia Payne HOUSTON/NEW YORK/LONDON, Oct 15 (Reuters) – Freight rates to ship U.S. crude to Asia eased on

October 15, 2019
Total Views: 26

Offshore Patrol Cutter Drawing
Shipping News

DHS Grants ESG Contract Relief for Offshore Patrol Cutters

The U.S. Department of Homeland Security has granted extraordinary contract relief to Eastern Shipbuilding Group related to the first four hulls in the Coast

October 15, 2019
Total Views: 99

A search operation continues near the Margaret bridge on the Danube river after a boat carrying South Korean tourists capsized in Budapest, Hungary, June 1, 2019. REUTERS/Bernadett Szabo
Shipping News

Captain Expected to Face Charges Over Danube Cruise Disaster

BUDAPEST, Oct 15 (Reuters) – Hungarian prosecutors are expected to charge the captain of a cruise ship that struck and sank a small tourist vessel on the

October 15, 2019
Total Views: 24

satellite dish
Shipping News

Business of Shipping: Incident Prompts U.S. Coast Guard to Refocus on Cyber Security

By Ira Breskin – NEW YORK –The local Coast Guard unit now is implementing critical lessons learned from a recently completed turbocharged cybersecurity

October 15, 2019
Total Views: 140

vigor industrial
Shipbuilding

Carlyle Completes Vigor, MHI Holdings Acquisition

Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition

October 15, 2019
Total Views: 272

Stock photo shows an oil tanker at a terminal
Shipping News

Dilemma for Oil Refiners as Surging Ship Costs Kill Margins

By Serene Cheong and Sharon Cho (Bloomberg) –Oil refiners hoping for some fourth-quarter gravy are facing disappointment as surging freight rates inflate

October 15, 2019
Total Views: 27

Monday, October 14, 2019
oil tanker
Shipping News

Geopolitical Risks Send Supertanker Rates to Record Levels

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels

October 14, 2019
Total Views: 73

bourbon rhode
Shipping News

ITF Calls on France to Continue Search for Bourbon Rhode Crew

The International Transport Workers’ Federation has joined Ukrainian and Croatian maritime unions in demanding that the search for seven missing Bourbon

October 14, 2019
Total Views: 71

Wärtsilä, Norsepower Team Up on Rotor Sails
Shipping News

Wärtsilä, Norsepower Team Up on Rotor Sails

Finnish technology group Wärtsilä has teamed up with Finnish rotor sail propulsion specialist Norsepower to pursue energy-saving rotor sail projects in the

October 14, 2019
Total Views: 190

Cargo Ship Runs Aground in Corsica
Shipping News

Cargo Ship Runs Aground in Corsica

Authorities in France are responded to the grounding of a cargo ship on the island of Corsica early Sunday morning. The 90-meter M/V Rhodanus with seven people

October 14, 2019
Total Views: 114

container port
Shipping News

China Wants More Talks Before Signing Trade Deal With Trump

By Bloomberg News (Bloomberg) — China wants to hold more talks this month to hammer out the details of the “phase one” trade deal touted by Donald

October 14, 2019
Total Views: 14

golden ray salvage
Shipping News

Overturned Golden Ray to Be Cut Up in Place in St. Simons Sound

Officials overseeing the salvage of the overturned Golden Ray in Brunswick, Georgia have opted to dismantle the vessel in place in lieu of refloating it due to

October 14, 2019
Total Views: 109

greenpeace brent protest
Shipping News

Greenpeace Climbs Decommissioned North Sea Platform

By Ron Bousso LONDON, Oct 14 (Reuters) – Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest

October 14, 2019
Total Views: 39

ships at anchor
Shipping News

Oil Tanker Rates Roar to New Records as Geopolitical Risks Swirl

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels

October 14, 2019
Total Views: 72

Sunday, October 13, 2019
bluetech-summit-sea-ahead-nyc
Finance

DeSiloing The Maritime Industry – Notes From The Global Bluetech Summit

Last week SeaAhead’s Global Bluetech Summit in New York City brought together high-level stakeholders from around the world to discuss and support

October 13, 2019
Total Views: 89

Stock photo shows an oil tanker at a terminal
Shipping News

Supertankers See Another Windfall with Attack on Iranian Ship

By Brian Wingfield and Firat Kayakiran (Bloomberg) –Supertankers hauling oil on some of the world’s longest trade trade routes had already been

October 13, 2019
Total Views: 66

Targeted Iranian Tanker Plugged as it Heads for Gulf, Iran Says
Shipping News

Targeted Iranian Tanker Plugged as it Heads for Gulf, Iran Says

DUBAI, Oct 12 (Reuters) – Leakage of cargo from an Iranian-owned oil tanker apparently hit by missiles in Red Sea waters off Saudi Arabia has been

October 13, 2019
Total Views: 54

Friday, October 11, 2019
shipping container
Shipping News

U.S., China Said to Reach Partial Deal, Could Set Up Trade Truce

By Jenny Leonard (Bloomberg) — The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war and lay the groundwork

October 11, 2019
Total Views: 29

tanker underway
Shipping News

U.S. Sanctions Hit Global Oil Fleet as Traders Shun Nearly 300 Tankers

By Marianna Parraga and Roslan Khasawneh MEXICO CITY/SINGAPORE, Oct 11 (Reuters) – Nearly 300 oil tankers globally have been placed off limits as

October 11, 2019
Total Views: 39