Ship Owners to Pay $1.6m for Oil Slick Clean-up

It will cost about RM5 million ($1.6 million) to clean up the oil slick in the Pasir Gudang waters off Johor, and the owners...

Japanese Shipping Giants Show Little Optimism for 2017

The heads of Japan’s three largest shipping lines addressed their employees as the nation headed back to work.  The mood among the three was...

Shipping Industry Confidence Improves – with Caveats

Operating cost movements are central to shipping’s fortunes. Shipping has certainly lived up to its reputation for volatility during the past twelve months. The quarterly...

2016 Was Charter Market’s Worst Year Ever

Maritime analyst Alphaliner has called 2016 the worst year on record for the container charter market as charter rates tumbled to historical lows for...

The Shipping Market in 2016 and Looking Forward

The longer global economic growth remains weak and lacks investment, the lower future growth potential for shipping. For eight years, the world has struggled to...

Ballast Water Discharges in the US to Grow as LNG Exports...

Growing LNG exports from the US could “drive a massive increase in ballast water flux to the US” resulting in “large effects on transfer...

Emissions Controls Start at Major Chinese Ports

Ships at all major commercial ports in emission control areas China set up last year are now required to burn low-sulfur fuel for the...

[Watch] Air Lounger Danger Warning

Consumer protection is warning owners of inflatable air loungers not to use them in water as they could pose a drowning risk. Inflatable air loungers...

Ship From ‘Perfect Storm’ Remains Unsinkable

EPA is still waiting to see if the Tamaroa is free from contaminants before adding it to artificial reef off New Jersey. The Coast Guard...

Major Rescue Off Container Ship

Major Rescue Involving Coastguard Helicopter from Container Ship A major rescue by the Coastguard rescue helicopter took place in Solent when a crew member onboard...

The U.S. Navy will Add Nine New Ships in 2017

This year the U.S. Navy will add nine ships to the battle force as it slowly grows towards a 300-ship fleet.  Most likely, these...

41 Sailors in ‘Sinking Ships’ Sent SOS

Complaints of mistreatment and being abandoned by their employers in the event of numerous shipping companies facing economic loss have increased in the recent...

Japan Sets 2020 Start Date for Ship-to-ship LNG Bunkering

Japan has published the findings of its feasibility study into upgrading its domestic LNG-supply infrastructure, aiming to launch ship-to-ship bunkering in 2020 and positioning...

Japanese Yards Overtake Korean Rivals

For the first time since the dawn of the new millennium Japanese yards have overtaken their Korean rivals in terms of orderbook and market...

The Panama Canal Expansion, One Photo at a Time

Documenting The Panama Canal Expansion, One Photo at a Time When the Panama Canal expansion was completed over the summer, tens of thousands of Panamanians...

Coscocs Forms Auto Shipping Partnership with FAW

China Cosco Shipping Group (Coscocs) has signed a strategic cooperation agreement with state-run automaker FAW in Shanghai. Under the agreement, the Coscocs will become the...

Korean Shipyards Brace for Another Tough Year

The CEOs of South Korea’s top three shipyards have given their new year’s addresses to employees and have warned of another tricky 12 months...

New Year, New Outlook for LNG

by Karen Thomas January is traditionally a time to look forward.  And so LNG shipping turns its focus to the year ahead and to the...

Drewry: Breakbulk Rates to Rise by End of 2017

Multipurpose shipping freight rates to improve by end 2017 The multipurpose shipping market will see the first signs of recovery by the end of 2017,...

UFO Collision in Seas! Claims Five Skippers

The adventurers that seek races and records when circumnavigating the world once had only two worries – fierce storms and drifting ice.  But a...