News

The latest maritime and offshore news.


Wednesday, January 18, 2017
News

First Philippines-Built VLCC Delivered

US-based crude oil shipping company Gener8 Maritime has taken delivery of the VLCC Gener8 Hector from Hanjin Heavy Industries and Construction’s Subic

January 18, 2017
Total Views: 220

DP world london gateway
News

Britain’s Maritime Sector Can Be ‘Greater Than Imagined’, Says UK Shipping Minister

(LISW) – The UK Government’s purpose is for Britain’s maritime sector to be as great as it can be and to be “greater than we imagined possible over

January 18, 2017
Total Views: 23

U.S. Commerce Nominee Ross Says NAFTA is Trump’s First Trade Priority
Shipping News

U.S. Commerce Nominee Ross Says NAFTA is Trump’s First Trade Priority

By David Lawder WASHINGTON, Jan 18 (Reuters) – Renegotiation of the North American Free Trade Agreement with Canada and Mexico will be the Trump

January 18, 2017
Total Views: 45

Choo-Choo! New China-Europe Rail Link Set to Steal Air and Sea Freight Volumes
News

Choo-Choo! New China-Europe Rail Link Set to Steal Air and Sea Freight Volumes

By Alex Lennane (The Loadstar) – 2017 will be the year that China-Europe rail services shift supply chain patterns. As the first train from China rolled

January 18, 2017
Total Views: 70

Marine Insurance in the Trump Presidency: Smooth Sailing in 2017?
News

Marine Insurance in the Trump Presidency: Smooth Sailing in 2017?

By Julia M. Palmer (Holland & Knight) – Although the Trump Administration’s plans for significant infrastructure investment, including key

January 18, 2017
Total Views: 24

Six Missing After Two Cargo Ships Sink Separately in the Philippines
News

Six Missing After Two Cargo Ships Sink Separately in the Philippines

A total of six people are missing after two cargo ships sank in the Philippines in separate incidents less than 24 hours apart.  The first incident

January 18, 2017
Total Views: 160

Aker Said to Weigh Sale of Norway Oil-Services Firm
News

Aker Said to Weigh Sale of Norway Oil-Services Firm

By Matthew Monks, Dinesh Nair, Ed Hammond and Mikael Holter (Bloomberg) — Aker ASA, the investment company controlled by Norwegian billionaire Kjell Inge

January 18, 2017
Total Views: 56

A hapag-lloyd ship at dock
News

Hapag-Lloyd Ups Bond Size as Investors Gamble on Shipping Upturn

By Nicholas Brautlecht and Hannah Benjamin (Bloomberg) — Hapag-Lloyd AG boosted the volume of its first bond sale since 2014 by 100 million euros ($94

January 18, 2017
Total Views: 563

Hanjin Shipping Soars a Day After Exchange Calls Stock ‘Trash’
News

Hanjin Shipping Soars a Day After Exchange Calls Stock ‘Trash’

By Heejin Kim (Bloomberg) — One day after a Korean stock exchange official called the shares of Hanjin Shipping Co. “ trash,” investors piled in,

January 18, 2017
Total Views: 30

Tuesday, January 17, 2017
wilbur-ross-shipowner
Shipping News

Trump Commerce Pick Wilbur Ross to Keep Interests in Shipping

By David Lawder WASHINGTON, Jan 17 (Reuters) – Wilbur Ross, President-elect Donald Trump’s nominee for Commerce Secretary, has pledged to sell his

January 17, 2017
Total Views: 101

cargo ship
News

Justice Department: Vessel Pollution Cases Set New Record in 2016

The U.S. Department of Justice says 2016 was record year for prosecuting shipping companies and crew for illegal discharges from ocean-going vessels in U.S.

January 17, 2017
Total Views: 60

Rolls-Royce Jumps on Profit Upgrade and Bribery Settlement
News

Rolls-Royce Jumps on Profit Upgrade and Bribery Settlement

By Sarah Young and Kirstin Ridley LONDON, Jan 17 (Reuters) – Shares in Rolls-Royce jumped as much as 7 percent on Tuesday after the British maker of

January 17, 2017
Total Views: 58

Capesize Bulk Carrier Breaks Down in Elbe River – AIS
News

Capesize Bulk Carrier Breaks Down in Elbe River – AIS

A capesize bulk carrier blocked ship traffic in the Elbe River in Germany on Tuesday after losing power while inbound to the port of Hamburg. According to

January 17, 2017
Total Views: 129

iranian crude supertanker
News

Ship Insurers to Resume Near Full Coverage for Iran Oil Exports

By Osamu Tsukimori and Keith Wallis TOKYO/SINGAPORE, Jan 17 (Reuters) – Global shipping insurers have devised a way to ensure nearly full coverage for

January 17, 2017
Total Views: 30

Subsea Search for MH370 Ends Without a Trace
News

Subsea Search for MH370 Ends Without a Trace

By Tom Westbrook and Jonathan Barrett SYDNEY, Jan 17 (Reuters) – The deep-sea search for missing Malaysia Airlines flight MH370 ended on Tuesday without

January 17, 2017
Total Views: 84

Monday, January 16, 2017
American Car Carrier ‘Alliance St. Louis’ Adrift in Gulf of Mexico After Fire
Interesting

American Car Carrier ‘Alliance St. Louis’ Adrift in Gulf of Mexico After Fire

The U.S. Coast Guard and good samaritan vessels are responding to a U.S.-flagged vehicle carrier which caught fire and is now adrift approximately 130 miles

January 16, 2017
Total Views: 252

WATCH: Fishing Vessel Battles Chetco River Bar (Nearly Loses)
Shipping News

WATCH: Fishing Vessel Battles Chetco River Bar (Nearly Loses)

Check out this amazing video posted to facebook showing an inbound fishing vessel crossing the Chetco River (Brooking) bar near Brooking, Oregon. The

January 16, 2017
Total Views: 639

Ship Photos of the Day – Vale Ships First Iron Ore from Giant S11D Mine
Shipping News

Ship Photos of the Day – Vale Ships First Iron Ore from Giant S11D Mine

Brazilian mining giant Vale has shipped the first cargo of iron ore from the company’s giant new mine in the Amazon known as S11D. The company said

January 16, 2017
Total Views: 329

twin axe fcs 2610 damen
News

Damen Headquarters Raided Amid Foreign Bribery Investigation

AMSTERDAM, Jan 16 (Reuters) – Dutch investigators have raided the Netherlands’ biggest ship builder, Damen Shipyards, as part of a criminal

January 16, 2017
Total Views: 80

Grounded Tanker ‘Arca 1’ Refloated in Nova Scotia
News

Grounded Tanker ‘Arca 1’ Refloated in Nova Scotia

The grounded bunkering tanker Arca 1 has been successfully refloated and is now secure in Sydney Harbour, Nova Scotia. The Canadian Coast Guard reported that

January 16, 2017
Total Views: 48