Merchant Shipping

Terror in the UK: Decades of deadly attacks

<b>(CNN) —</b> Several deadly terror attacks have struck the UK in recent decades -- mostly in London.<p>Monday's blast outside a Manchester arena killed at least 22 people, with police saying, "We are currently treating this as a terrorist incident."<p>If the incident is proven to be a terror attack, it will …

Baltic Exchange

Britons rescued from sinking yacht after whale collision

LISBON, Portugal (AP) — The Portuguese Navy says three Britons have been rescued in the Atlantic after their yacht collided with a whale and started to sink.<p>A statement says the three aged between 41 and 61 were picked up by a merchant vessel around 660 kilometers (410 miles) northeast of …

Portugal

The world's first self-sailing, electric cargo ship set to replace 40,000 diesel trucks

Two companies are taking autonomous vehicles to the next level with self-sailing ships.<p>Norwegian companies Yara International and Kongsberg Maritime are teaming up to create the world’s first autonomous, fully-electric, zero-emission cargo ship. The battery-driven vessel will be able to haul 100 …

Cargo Ships

Weekly Indicators: The Yield Curve Tightens Edition

<i>By New Deal Democrat</i><p>April data included an increase in the index of Leading Indicators, despite the fact that both housing permits and starts …

Baltic Exchange

Investors can join salvage hunt for £4.5bn of gold

A team of salvage experts hoping to recover billions of pounds worth of gold from deep-sea shipwrecks are looking for investors to back their …

Personal Finance (UK)

Propulsion Problems Put Australia's Largest Warships Out of Service

By Harry Pearl SYDNEY, May 20 (Reuters) – Australia is investigating if problems in the propulsion systems of two $1.5 billion warships built by …

Australian Defence Force

After leaving Hamilton, tanker runs aground en route to Montreal

MONTREAL — The Transportation Safety Board of Canada is investigating after a tanker ran aground east of Cornwall, Ont. late Friday.<p>The Travestern …

Canadian News

Wilhelmsen Ships Service Launches Drone Delivery Pilot Project

Wilhelmsen Ships Service has announced plans to launch a large scale pilot program exploring use of drones to deliver vital supplies to ships in …

Drones

Are Carriers Finally Getting Containership Capacity Crisis Under Control?

By Gavin van Marle (The Loadstar) – Container shipping lines may be finally getting the vessel overcapacity crisis under control.<p>It was revealed …

Container Ship

Incident Video: Major Damage After Ferry Hits Pier in Santo Domingo

Some major damage at the port of Santo Domingo in the Dominican Republic today after a ferry struck a pier while mooring.<p>Video shows the moment the …

Santo Domingo

This Norwegian company wants to change the way we ship products with an all-electric, autonomous cargo ship

Norwegian fertilizer company YARA hopes to change the way they transport their product around Norway with an all-electric, autonomous cargo ship.<p>It now takes 40,000 truck journeys each year to transport the same product. The new ship, the YARA Birkeland, plans to protect lives and reduce NOx and …

Cargo Ships

Missing Captain Found Alive Off Spain – gCaptain

The missing captain of a Singapore-flagged car carrier has been found in critical condition but alive after apparently falling overboard from his …

WATCH: Docking Ferry Loses Control, Slams Into Nearby Boats

This incident occurred last Friday in Istanbul. The video shows the car and passenger ferry approach the dock when it suddenly loses control and hits …

BP Sees Early Promise, Growing Investment in Mexico Offshore Projects

By David Alire Garcia MEXICO CITY, May 17 (Reuters) – BP Plc’s first foray into Mexico’s recently opened energy market is proving more promising than …

Tidewater Files for Chapter 11 Bankruptcy

New Orleans-based Tidewater Inc. (NYSE: TDW), one of the leading providers of Offshore Service Vessels (OSVs) to the global energy industry, …

Oil

Hapag-UASC Tie-Up Nears Completion as Funding Snags Overcome -Sources

By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, May 18 (Reuters) – German shipping line Hapag Lloyd is close to completing a merger with United …

Captain of Singapore Cargo Ship Found Clinging to Buoy After Several Hours at Sea

The man was dehydrated and suffering from hypothermia when he was rescued.

Cargo Ships

Boeing shows off long-troubled Air Force tanker, says deadlines will be met

Since wresting the Air Force KC-46 tanker contract away from rival Airbus in 2011, Boeing has struggled through $1 billion in cost overruns and …

Aerospace

Ships Without Sailors? It Can’t Happen Soon Enough -Opinion

By Adam Minter (Bloomberg View) — It sounds like a ghost story: A huge cargo vessel sails up and down the Norwegian coast, silently going about its …

U.S. Coast Guard

IMO Film: The Polar Code Explained

The International Maritime Organization has released a new visit explaining the significance of the Polar Code and its impact on shipping.<p>The Polar …

Programming

Dutch Consortium to Develop Class Approved 3D Printed Ship Propeller

Marking a major step forward in the application of 3D printing in the maritime sector, Netherlands-based Damen Shipyards Group has entered a …

3D Printing

Top 7 Things You Need To Know About Singapore Exchange

If you are interested in the Singapore stock market, then you have to invest via the <b>Singapore Exchange Limited</b> (SGX: S68), or more commonly known as …

Baltic Exchange

COSCO Development Makes History as Biggest Ship to Visit U.S. East Coast

The 13,000 TEU containership <i>COSCO Development</i> has completed its inaugural visit to the U.S. East Coast underscoring the arrival of the ‘big ship era’ …

Sailing

An Eerie Similarity to 2007, Before the Bulls Were Slaughtered

<i>"I am a bull on global growth... You really cant lose investing in stocks in the industrial sector."</i> TrendMacro's Donald Luskin (on Kudlow & Co., …

Baltic Exchange

Is Management Really to Blame for DryShips Inc.'s Woes?

In short: Yes. The diversified shipping company's stock is down 99% this year solely due to management's missteps.<p>After a couple of challenging …

Baltic Exchange

Largest cargo ship ever — laden with 5,600 containers — clears Panama Canal and arrives on U.S. East Coast

Print<p>The largest cargo ship ever to visit ports on the U.S. East Coast is so long the Statue of Liberty and Washington Monument could fit end-to-end …

Cargo Ships

OOCL Hong Kong Breaks 21,000 TEU Mark, Becoming 'World's Largest Containership'

Less than two months after the <i>MOL Triumph</i> earned the title of the world’s largest containership by carrying capacity as the first ship to cross the …

Hong Kong

Pandas and Beauty Queens Lure Chinese Groups to Cruise Ships

By Bloomberg News (Bloomberg) — Liu Jing wakes at 7, feeds her 84-year-old mother and two-year-old grandson and then spends the day watching the boy …

Canada Introduces Law to Ban Tankers Off North British Columbia

May 12 (Reuters) – Canada’s Liberal government has introduced legislation for a moratorium on oil tanker traffic along the northern coast of the …

Canada

Costa Concordia Captain Heads to Prison as Italy Upholds Conviction

By Crispian Balmer ROME, May 12 (Reuters) – The former captain of the Costa Concordia cruise liner was sentenced to 16 years in prison on Friday by …

Cruise Ships