LPG Coaster Shipping to Remain Weak in 2015

LPG Coaster Shipping to Remain Weak in 2015

Oversupply of vessels in the LPG coaster shipping market continue pushing rates below pre-financial crisis levels, ...

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USCG Sends 117 Dominican Migrants Back Home

USCG Sends 117 Dominican Migrants Back Home

The US Coast Guard intercepted 117 Dominican migrants some 20 nautical miles east of the Dominican Republic, ...

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First Nations Shocked By Pacific NorthWest LNG Agreements

BC First Nations Shocked By Pacific NorthWest LNG Agreements

The leadership of Treaty 8 First Nations says it is astounded by the Province of British Columbia’s ...

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Blast Injures Two Petrobras Platform Workers

Blast Injures Two Petrobras Platform Workers

Two workers sustained burns in a blast that occurred on Wednesday morning on board the P-56 offshore oil production ...

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SCPA Eyes Seven-Figure Annual Box Volume

SCPA Eyes Seven-Figure Annual Box Volume

The US east coast port operator South Carolina Ports Authority (SCPA) has handled nearly 15 percent more pier ...

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Cosco, CSDC Form Dry Bulk JV

Cosco, CSDC Form Dry Bulk JV1

China Cosco Holdings and China Shipping Development Co (CSDC) have agreed to establish a joint venture company in ...

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Carriers More Reliable in April

Carriers More Reliable in April

Container service reliability reached a data-series high in April with the aggregate on-time performance for the ...

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No Solution in Sight for Dockers’ Strike at Callao Port

callao strike

The dockers’ strike at Callao port in Peru has been underway for over a week now and based on the current ...

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British Columbia Opens Door to USD 36 Billion LNG Facility

British Columbia Opens Door to USD 36 Billion LNG Facility

The government of British Columbia and a consortium of companies led by Malaysia’s Petroliam Nasional Bhd ...

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Pangaea Snares USD 135 Million COA

Pangaea Snares 5-Year COA

Newport-based dry bulk shipping and logistics provider Pangaea Logistics Solutions has entered into a three to ...

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PMA Ratifies Five-Year Contract with ILWU

PMA Ratifies Five-Year Contract with ILWU

The members of the US Pacific Maritime Association (PMA) have voted to ratify a new five-year contract with the ...

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BP Settles with Halliburton, Transocean

BP Settles with Haliburton, Transocean on Deepwater Horizon Claims

Oil and gas major BP Plc. has settled outstanding claims with offshore drilling contractor Transocean Ltd. ...

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Norwegian Dawn Cleared to Leave Bermuda

Norwegian Dawn Cleared to Leave Bermuda

Norwegian Cruise Line’s cruise ship Norwegian Dawn was cleared to depart Bermuda after inspections showed ...

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APL Bolsters America Links

APL Bolsters America Links

Container carrier APL, a wholly owned subsidiary of Singapore-based Neptune Orient Lines, is introducing a new ...

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Deepwater Horizon Spill Tied to Dolphin Deaths

Researchers record data and photograph a dead dolphin that stranded along the Port Fourchon Louisiana coastline in July 2012 following the spill

One month to the day after commemorating the 5-year anniversary of the BP Deepwater Horizon oil disaster, the US ...

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VIDEO: Teekay’s Arendal Spirit Arrives to Rio

TEEKAY1

Teekay’s first unit for maintenance and safety (UMS), Arendal Spirit, arrived to Rio de Janeiro, Brazil on May 2nd ...

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BIMCO: Time for Carriers to Get Ahead of the Curve

worldmaritimenews.com containership-freight-r...p-to-6-year-low-1024x680

The 2015 has started off as a pretty challenging year for the container shipping industry. With volatile spot rates ...

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Vale Inks Deals to Sell Eight Valemaxes to Chinese Partners

Valemaxes

Brazilian mining giant Vale S. A. (Vale) has concluded the contract with China’s bulk carrier specialist, the ...

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Pipeline Leaks 21,000 Gallons of Crude on California Coast

Pipeline Spills 21,000 Gallons of Crude on California Coast

A ruptured onshore pipeline leaked around 21,000 gallons of oil, some of which reached the ocean and the ...

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Container Shipping Rates Ever More Volatile

Container Shipping Rates Increasingly Volatile

The volatility of global container shipping spot freight rates since the start of 2015 has continued to increase in ...

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Norwegian Dawn Runs Aground on Bermuda Reef

Norwegian Dawn Runs Aground on Bermuda Reef

 A cruise ship owned by Norwegian Cruise Line, Norwegian Dawn, ran aground on Tuesday following its departure from ...

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Nasdaq Warns Paragon Shipping

Nasdaq Warns Paragon Shipping

Athens-based dry bulk specialist Paragon Shipping has received written notification from Nasdaq indicating that the ...

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Port of Houston Makes It Rain

Port of Houston Makes It Rain

The US Port of Houston reported a record monthly revenue in April, spurred on by a 23 percent spike in total cargo ...

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Bulker Trio Joins Fednav’s Fleet

Bulker Trio Joins Fednav's Fleet

Canadian shipowner Fednav has taken delivery of three bulk carriers since the beginning of the year, the company ...

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NewLead Fixes Bitumen Tanker

NewLead Fixes Bitumen Tanker

Greek dry bulk carrier and tanker operator NewLead Holdings has entered into a time charter contract for one of its ...

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Puget Sound Ports Steady

Puget Sound Ports Steady

Container volumes at the US West Coast Ports of Seattle and Tacoma stabilized in April, growing 1 percent year to ...

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Protests Intensify at Port of Seattle

Port of Seattle

About 200 protesters gathered on Monday at the Port of Seattle marching their way to the Terminal 5 where ...

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