Top Stories Cruise Liners Scratching Israel off Itineraries

Cruise Liners Scratching Israel off Itineraries »

Following the recent surge of violence in the Gaza Strip, sister companies Regent Seven Seas Cruises and Oceania Cruises have decided to steer clear of Israel, Asia Cruise News reports.   The decision is also based...

July 23 2014 / Comments Off / Read More »
Demand for Ultra-Large Vessels Changes Course

Demand for Ultra-Large Vessels Changes Course »

Demand for newbuild containerships has dwindled during the month of June, as European traffic demand began to increase, heralding a changing course in the industry.   The slowdown in growth of the orderbook, particularly amongst...

July 23 2014 / Comments Off / Read More »
Chinese Export Boom Beneficial to Shipping

Chinese Export Boom Beneficial to Shipping »

Strong Chinese exports for the month of June triggered an increase in shipping and port operations worldwide.   Irish Maritime Development Office (IMDO) reports that the analysts expect favourable export tides to flow over to...

July 23 2014 / Comments Off / Read More »
Promising Times Ahead for Abu Dhabi Ports

Promising Times Ahead for Abu Dhabi Ports »

General cargo moving through Abu Dhabi’s commercial Ports has increased by 37% this year.   ADPC’s commercial ports (Musaffah, Khalifa and Zayed Ports) have handled 6.4 million FT of general cargo, compared to 4.7 million...

July 23 2014 / Comments Off / Read More »
Cash Injection for Scorpio Bulkers’ Newbuilds

Cash Injection for Scorpio Bulkers’ Newbuilds »

Scorpio Bulkers Inc., has received a commitment for a USD 540 million loan facility to finance the ongoing newbuild projects.   The facility will be used to finance up to 55% of the contract price of six Ultramax,...

July 23 2014 / Comments Off / Read More »
Bandar Abbas Hosts First Foreign Ship after Sanctions Lift

Bandar Abbas Hosts First Foreign Ship after Sanctions Lift »

Wan Hai 512, a 4,680 TEU vessel owned by Thailand-based shipper Wan Hai Lines, has become the first international vessel to call at the port of Shahid Rajayee in Bandar Abbas after lifting of sanctions...

July 23 2014 / Comments Off / Read More »
APM Terminals Virginia Facility to Change Hands

APM Terminals Virginia Facility to Change Hands »

APM Terminals Virginia and a partnership comprising affiliates of investment funds managed by Alinda Capital Partners (Alinda) and Universities Superannuation Scheme Limited (USS) announced today that the partnership will purchase APM Terminal’s state-of-the-art container terminal...

July 22 2014 / Comments Off / Read More »
Bahri Takes Over First Vessel from Vela’s Fleet

Bahri Takes Over First Vessel from Vela’s Fleet »

The National Shipping Company of Saudi Arabia (Bahri) said that it has concluded the first phase of the process of merging the Vela fleet and operations with Bahri.   Namely, Matar Star the first of...

July 22 2014 / Comments Off / Read More »
Headlines

Ten Jack-Ups for East Sunrise »

Ten Jack-Ups for East Sunrise

Hong Kong-based East Sunrise Group revealed that it has ordered ten jack-up platforms from China Shipbuilding Industry Corporation (CSIC).   The newbuilds, worth around...

Jul 23 2014 / Comments Off / Read More »

Update 1: And the Tow Begins »

Update 1:  And the Tow Begins

The departure of Costa Concordia has begun and the wreck is being towed to Genoa at two knots. The four day journey began at...

Jul 23 2014 / Comments Off / Read More »

Ordering Frenzy at COSCO Shipyards »

Ordering Frenzy at COSCO Shipyards

Singapore based COSCO Corporation Limited  has through its subsidiaries secured contracts valued at approximately USD 300 million to build one accommodation barge and seven bulk...

Jul 22 2014 / Comments Off / Read More »

Ocean Yield Orders Ethylene Carrier Trio »

Ocean Yield Orders Ethylene Carrier Trio

Ocean Yield ASA, the Oslo-based shipowner, has placed orders for three LEGCs (Liquefied Ethylene Gas Carriers) of 36,000 cbm capacity, to be built at...

Jul 22 2014 / Comments Off / Read More »

Video: Costa Concordia’s Final Voyage Set for Wednesday »

Video: Costa Concordia’s Final Voyage Set for Wednesday

The long-awaited removal of the Costa Concordia wreck from Giglio Island will have to wait for yet another day as the final date has...

Jul 22 2014 / Comments Off / Read More »

Interview: Find and Be Found with Shippingcluster »

Interview: Find and Be Found with Shippingcluster

The shipping industry has been sailing on some rough tides and is still facing challenging times ahead as the industry players gear up for...

Jul 21 2014 / Comments Off / Read More »

Readers’ Pick of the Week (July 14-18, 2014) »

Readers’ Pick of the Week (July 14-18, 2014)

VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat,...

Jul 20 2014 / Comments Off / Read More »

UPDATE: Concordia Lifted for Another Meter »

UPDATE: Concordia Lifted for Another Meter

With the lowering of the starboard sponson S12, yesterday evening, the Concordia has emerged for an additional meter reaching an average refloating of 4...

Jul 18 2014 / Comments Off / Read More »

New Generation of Ships for Stealthgas »

New Generation of Ships for Stealthgas

Stealthgas INC., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, said yesterday that it has acquired...

Jul 18 2014 / Comments Off / Read More »

SHI’s Latest Contract Raises Eyebrows »

SHI’s Latest Contract Raises Eyebrows

South Korean Samsung Heavy Industries in their Korea Stock Exchange disclosure announced winning of a newbuilding contract for 6 gas carriers worth approximately USD 723.5...

Jul 17 2014 / Comments Off / Read More »




Also in the news

US Coast Guard Reports Multi-Million Drug Bust »

US Coast Guard Reports Multi-Million Drug Bust

The US Coast Guard seized more than 3,500 pounds of marijuana with an estimated wholesale value of USD3.5 million, and detained five suspected smugglers during a drug interdiction in the Caribbean Sea, southwest of Cabo Rojo, Puerto Rico.   While on patrol July 8, the...

Jul 23 2014 / Comments Off / Read More »

Ireland, Belize Ratify ILO Maritime Labour Convention »

Ireland, Belize Ratify ILO Maritime Labour Convention

Ireland and Belize have ratified International Labour Organization’s (ILO) Maritime Labour Convention, 2006. This means that from July 8, 2015 and July 21, 2015, Belize and Ireland respectively will be parties to the Convention and will implement the requirements contained therein, both for ships sailing under...

Jul 23 2014 / Comments Off / Read More »

Rising Demand for WTS Inert Gas Systems on Japanese Market »

Rising Demand for WTS Inert Gas Systems on Japanese Market

Wilhelmsen Technical Solutions has secured multiple orders to supply its Maritime Protection Dry Inert Gas Generator (DIGG) systems for installation on LNG carriers under construction at Japan Marine United’s Tsu shipyard.   Two DIGG units will be installed on two gas carriers under construction for...

Jul 23 2014 / Comments Off / Read More »

APM Terminals Sells Le Havre Port Share »

APM Terminals Sells Le Havre Port Share

Perrigault SA., the Le Havre-based port and logistics operator and APM Terminals have completed the sale of APM Terminals’ 50% share in Terminal Porte Océane (TPO) and Société d’Exploitation du Terminal Porte Océane to Perrigault SA.   Both companies operated a 50-50 joint venture in Le...

Jul 23 2014 / Comments Off / Read More »

Rosneft to Study Northern Sea Route’s Marine Fauna »

Rosneft to Study Northern Sea Route’s Marine Fauna

OAO NK Rosneft will conduct marine fauna monitoring in the Northern Sea Route in 2014, the company informed.   The studies will be organized by the Arctic Research Center, a joint venture of Rosneft and ExxonMobil. The objective of the said studies is collection of...

Jul 23 2014 / Comments Off / Read More »

Navios Acquisition Expands VLCC Fleet »

Navios Acquisition Expands VLCC Fleet

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, said that the Nave Electron, a 2002-built VLCC of 305,178 dwt, was delivered to Navios Acquisition’s owned fleet on July 21, 2014.   The company also announced that the Nave Electron has been chartered...

Jul 23 2014 / Comments Off / Read More »

Sovcomflot Doubles Qualship 21 Programme Fleet »

Sovcomflot Doubles Qualship 21 Programme Fleet

The United States Coast Guard (USCG) has officially confirmed that 20 Sovcomflot Group (SCF) vessels had been added to its Qualship 21 programme (Quality Shipping for the 21st Century).   From July 1, 2014, the number of SCF Group vessels participating in the Qualship 21...

Jul 23 2014 / Comments Off / Read More »

Hyde Marine Strikes BWTS Partnerships »

Hyde Marine Strikes BWTS Partnerships

Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, has established two partnership agreements for installation of the chemical free Hyde GUARDIAN Gold™ Ballast Water Treatment System (BWTS) for international markets.   Hyde Marine is partnering with Grand Bahama Shipyard (GBS) for installation...

Jul 23 2014 / Comments Off / Read More »

Hyundai’s Anti-Collision System Testing the Water »

Hyundai’s Anti-Collision System Testing the Water

Hyundai Heavy Industries Co., Ltd. (HHI), has developed Hyundai Intelligent Collision Avoidance Support System (HiCASS), the first of its kind in South Korea, to ensure safe and optimum navigation of the vessels.   The system searches the optimum sea routes and prevents collisions by automatically detecting...

Jul 23 2014 / Comments Off / Read More »

 

Popular articles

VIDEO: HMS Queen Elizabeth Floated Out »

VIDEO: HMS Queen Elizabeth Floated OutThe lead ship of the Queen Elizabeth-class of aircraft carrier, the largest warship ever built for the Royal Navy, HMS Queen Elizabeth has been successfully...

Jul 23 2014 / Comments Off / Read More »

VIDEO: Quantum of the Seas Staterooms Taking Shape »

VIDEO: Quantum of the Seas Staterooms Taking ShapeBuilding a cruise ship involves so many aspects, aside to just construction of the ship’s steel structure.   One of them is putting the final...

Jul 23 2014 / Comments Off / Read More »

VIDEO: Underwater Glance at Refloated Concordia Wreck »

VIDEO: Underwater Glance at Refloated Concordia WreckOne of the most challenging salvage projects in the history, both in terms of scope and budget, removal of Costa Concordia’s wreck from the Giglio...

Jul 16 2014 / Comments Off / Read More »
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