Category archives for: Shipping News

Ebola Outbreak in West Africa Keeping Shippers on Their Toes

Ebola Outbreak in West Africa Keeping Shippers on Their Toes

African shipping may be hit hard by the Ebola outbreak as shipping agents start to refuse to call at West African ports for security reasons or ask for higher rates to do so. Freight rates for clean tankers heading from the UK continent to the West Africa could see an increase due to the Ebola crisis […]

Evelyn Maersk Rescues 352 from Sinking Vessel

Evelyn Maersk Rescues 352 from Sinking Vessel

The crew of Evelyn Maersk, a container ship en route from Suez to Algeciras, participated on Saturday, August 30, in a search and rescue operation launched in an effort to find a fishing boat sinking off Sicily, carrying hundreds of immigrants on board, Seanews reports. One of the Mediterranean’s RCC centers sent a request to the container ship to head towards the […]

Ro-Ro Ship Runs Aground off Kinsarvik, Norway

Ro-Ro Ship Runs Aground off Kinsarvik, Norway

The 107- meter long Multi-Purpose/Ro-Ro cargo ship Norrland with 12 crew onboard is reported to have hit a sandy shallow causing the vessel to run aground offshore Kinsarvik, Norway. The Norrland was heading to Boliden Odda from Haugesund when the grounding occurred. There were no injuries or pollution reported. The extent of the damage is about to […]

Ecoships Showcases Flower-Inspired Bulker Design

Ecoships Showcases Flower-Inspired Bulker Design

Ecoships, the technical shipmanagement arm of Newport Shipping Group, has introduced a next generation bulk carrier design, developed to set the standard in ecologically compatible marine transportation. Inspired by the low friction to water flow and self-cleaning properties of the lotus flower – a symbol of purity and beauty in Buddhist and Hindu philosophy – […]

UPDATE 2: Kurdish Crude Tanker Reappears. Still Not Unloaded.

UPDATE 2: Kurdish Crude Tanker Reappears. Still Not Unloaded.

The tanker United Kalavrvta (formerly SCF BYRRANGA) carrying one million barrels of Kurdish oil, which disappeared from satellite tracking, has reappeared on Monday, however the tanker hasn’t unloaded its cargo, according to Reuters. The ship, which got cleared for unloading of one million of barrels of Kurdish oil it was carrying last week, was believed to […]

Subdued Demand Affects Goldenport Holdings’ Results

Subdued Demand Affects Goldenport Holdings’ Results

Goldenport Holdings, an international shipping company that owns and operates a fleet of dry bulk and container vessels, posted a net loss of $1.4m for the six months ending June, down from $8.3m. Goldenport said trading during the second quarter was softer than in the first quarter due to continued subdued demand in the Far […]

Baltic Aframax Rates Nosediving

Baltic Aframax Rates Nosediving

Last week saw a distinct lack of activity for Aframaxes in the Baltic Sea, ultimately ending with a sharp downturn in Baltic-UK Continent 100,000 mt rates, Platts reports. Platts says that the rates on the route plunged Worldscale 25 to be assessed at w65 Friday, which equates to USD 6.10/mt, the lowest level since an identical assessment on […]

India Eyes Port of Chabahar’s Upgrade

India Eyes Port of Chabahar’s Upgrade

The Government of India has assigned USD 100 million for upgrading the port of Chabahar in Iran, the final objective being trade boost with Afghanistan and other Central Asian countries, as explained by Afghan envoy to India Shaida Mohammad Abdali cited by the Press Trust of India (PTI). The Port of Chabahar is the only Iranian port with […]

Grimaldi Beefs Up Southern Express

Grimaldi Beefs Up Southern Express

Grimaldi Lines, the Italian RoRo ship owner represented by Niels Winther in Denmark, is expanding its Southern Express route with weekly departures from Europe to West Africa. As of September, Grimaldi Lines is increasing the frequency of its Southern Express line, providing weekly departures from Europe to West Africa and back. The Italian ship owner will incorporate […]

Sewol Bill Still Pending as Victims’ Families Head to the Streets

Sewol Bill Still Pending as Victims’ Families Head to the Streets

A strong pressure is being exerted on South Korean National Assembly to adopt a special bill which is aimed at determining the cause behind the Sewol ferry tragedy that killed around 300 people in April, predominantly high school students. The pressure is further fuelled by the protest of hundreds of people who, as reported by Yonhap, joined  […]

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