UASC's Shareholders Give Nod to Merger with Hapag-Lloyd

Image Courtesy: UASC

Dubai-based container shipping firm United Arab Shipping Company S.A.G. (UASC) informed that all six of its ...

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Armed Pirates Board Tanker in Indonesian Waters

Image Courtesy: Interpol

Ten armed pirates boarded a tanker while it was underway some 26 nautical miles off the Indonesian Mangkai Island ...

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BIMCO: Oil Product Tanker Earnings in Decline

Image Courtesy: Damen

Oil product tanker earnings are the lowest since Q3 of 2014 and could drop even further but there is still money to ...

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Star Bulk Sees Worst Quarter in 30 Years

Image Courtesy: Star Bulk

Athens-based dry bulk shipping company Star Bulk Carriers Corp. reported its net loss reached USD 48.8 million for ...

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Seaspan Buys Boxship Newbuilding Duo from GCI

Image Courtesy: Seaspan Corporation

Hong Kong-based container ship owner and operator Seaspan Corporation has bought two newbuilding 11,000 TEU vessels ...

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In Depth>

Gener8 Maritime Adds 11th ECO VLCC

Image Courtesy: YouTube/Screenshot

Crude oil shipping company Gener8 Maritime has taken delivery of another ECO VLCC, the Gener8 Constantine, from ...

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Transpetro Crosses Off Seven Newbuilding Orders

Image Courtesy: Transpetro

Brazil’s oil and gas transportation company Transpetro, a subsidiary of Petrobras, has decided to abandon ...

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Nautilus Questions UK Chamber's Neutral Stance on Brexit

Image Courtesy: Nautilus

Nautilus International, the UK-based global trade union representing maritime professionals, is criticizing the UK ...

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China Shipbuilding Selling Shares to Raise USD 586 Mn

Image Courtesy: CSIC

In an effort to reduce its debt, China Shipbuilding Industry Co. has revealed plans to raise some CNY 3.9 billion ...

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EU Council Approves New Port Transparency Rules

Image Courtesy: Port of Hamburg/Michael Lindner

The EU Council’s Permanent Representatives Committee approved on June 29 new rules to increase the financial ...

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Carriers' Service Reliability at Six-Month High in May

Image Courtesy: OOCL

Ocean carriers achieved a six-month high for liner service reliability in May, according to data provided by ...

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COSCO Shipping Reshuffles Newbuilding Orders

Image Courtesy: COSCO Shipping

China’s COSCO Shipping Company Limited (COSCOL) has decided to upgrade three from a total of seven heavy lift ...

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Flinterstar’s Bow Lifted from Sea

Image Courtesy: DEME Group

The bow of the sunken freighter Flinterstar that sank in October 2015 off the coast of Zeebrugge was successfully ...

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Atlantska Plovidba Cancels Order for Two Ultramaxes

Image Courtesy: Atlantska Plovidba

Croatian shipping company Atlantska Plovidba d.d. has reached an agreement with the Chinese shipbuilder CSC ...

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Events>

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5th Annual Salvage & Wreck Asia Conference

Hear industry leaders debate:
• Combating piracy in South Asia
• Preparing for industry growth in the cruise ship sector…

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Maritime Cyber Risk – Addressing the real and current threats

This one day international conference on Maritime Cyber Risk – Addressing the Real and Current Threats will look at practical steps which…

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LNG Fuel Summit & LNG Fuelled Tugs and Barges Event

Future proof your fleet and ensure you are LNG ready. The LNG Fuel Summit for commercial and strategic advice on LNG as a ship’s fuel for all vessels…

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14th ASEAN Ports and Shipping 2016

A two days Conference Programme will feature 30 world-class conference speakers addressing topical issues and challenges on global…

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Global Container Volumes Will See Little Impact from Brexit

Image Courtesy: Port of Gothenburg

The United Kingdom’s decision to exit the European Union is expected to have little direct impact on the ...

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Finnlines Bags USD 55 Million EIB Loan for Eco Retrofits

Image Courtesy: Finnlines

Finnish ferry operator Finnlines has inked a EUR 50-million (more than USD 55 million) loan agreement with the ...

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Report: EU Ready to Settle with Liner Giants on Price Hikes

Image Courtesy: MSC

The European Commission is considering to accept the offer submitted by fifteen container shipping ...

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RCL Nets Financing for Two Edge-Class Cruise Ships

Image Courtesy: Celebrity Cruises

Miami-based cruise company Royal Caribbean Cruises has entered into credit agreements for the financing of the ...

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Royal Caribbean to Build New Cruise Terminal in Miami

Image Courtesy: Royal Caribbean Cruises

US-based cruise line company Royal Caribbean Cruises has entered into an agreement with Miami-Dade County to ...

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Brexit to Limit Capital for Dry Bulk and Boxship Sectors?

Image Courtesy: Diana Shipping

Shipping executives and analysts are warning of negative implications for the dry bulk and containership sectors in ...

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Terntank Takes Delivery of First Dual-Fuel Product Tanker

Image Courtesy: Terntank

Swedish tanker owner Terntank took delivery on June 28 of M/T Ternsund – the first in a series of four 15,000 ...

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CMA CGM to Launch Total NOL Takeover

Image Courtesy: CMA CGM

French container shipping major CMA CGM S.A. has crossed the compulsory acquisition ownership threshold in Neptune ...

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DSME’s Former CEO Taken into Custody

Image Courtesy: DSME

Daewoo Shipbuilding & Marine Engineering’s (DSME) former Chief Executive Officer Nam Sang-tae was taken ...

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Carnival Corporation Sees Record 2nd Quarter Earnings

Image Courtesy: Carnival Cruise Line

Miami-headquartered cruise company Carnival Corporation & plc has reported a net income of USD 605 million for ...

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Hapag-Lloyd, UASC Agree on Merger Terms

Image Courtesy: Hapag-Lloyd

German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) have reached an agreement on the terms ...

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HPH to Operate Stockholm Norvik Port Container Terminal

An artist's impression of the Stockholm Norvik Port; Image Courtesy: Ports of Stockholm

Hutchinson Port Holdings (HPH) is to operate the container terminal at the new Stockholm Norvik Port to be ...

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