Navios Maritime Acquisition’s Net Income Surges in 2015

Image Courtesy: Navios Maritime Acquisition

As 2015 was a strong year for the tanker shipping market, the Monaco-based owner and operator of tanker vessels ...

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Spotted: Celestyal Olympia Awaits Facelift in Turkey

Image Courtesy: Besiktas Shipyard

Celestyal Olympia, a cruise ship owned by Cyprus-based cruise line Celestyal Cruises, has arrived at the Turkish ...

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Another Strong Year for Associated British Ports

Image Courtesy: ABP

Associated British Ports (ABP), comprising of a network of five ports in South Wales, handled more than 12.5 ...

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BIMCO: Six VLCCs Mark Strong Delivery Start in 2016

Image Courtesy: Euronav

Six new Very Large Crude Carriers indicate that 2016 is off to a flying start when it comes to delivering brand new ...

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Boost for Ardmore’s Debt Financing

Image Courtesy: Ardmore

Ardmore Shipping Corporation has secured an additional debt refinancing which brings the total amount of debt ...

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ITF Releases Images of 'Shocking' Safety Breaches on Water

Image Courtesy: MUA

The Greek-owners of the Panamanian-flagged bulk carrier Christine B have not only been underpaying its 19 Filipino ...

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Hapag-Lloyd Expands and Upgrades Its Fleet

Image Courtesy: Hapag-Lloyd

German container shipping company Hapag-Lloyd has taken delivery of two 3,500 TEU ships with a special wide-beam ...

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Mercator Offloads Bulker Arm for USD 2

Image Courtesy: Mercator

India’s Mercator International Pct has entered into an agreement to sell 900.85 million shares of the ...

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Wärtsilä Powers Japan Shipping’s Shift to Gas Age

Image Courtesy: Wärtsilä

A total of sixteen new gas carrier ships being built in Japan for Japanese owners are to be powered by Wärtsilä ...

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AAPA: Obama’s 2017 Proposed Budget Lopsided for US Ports

Image Courtesy: AAPA

The American Association of Port Authorities (AAPA) expressed its dissatisfaction with President Obama’s fiscal ...

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Maersk Group’s Full-Year Profit Down 82 Pct

Image Courtesy: Maersk

Danish shipping and energy conglomerate Maersk Group delivered a profit of USD 925m for the full year ending ...

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Cargo Volumes at US Container Ports Expected to Go Down

Image Courtesy: Port of LA

Import cargo volume at major US retail container ports is expected to decline year-over-year for the next few ...

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Infographic: Top 10 Shipowning Nations by Value

top 10 sh

Today we look at an infographic showing Top 10 Shipowning Nations by Value (USD Millions), including the percentage ...

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North Korean’s OMM Continues Dodging UN Sanctions

Image Courtesy: Shipspotting

North Korean shipping company Ocean Maritime Management Company Limited (OMM) continues to evade sanctions by ...

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Alphaliner: FE-ECSA Rates Hit Rock Bottom

Image Courtesy: MSC

Poor market conditions have prompted freight rates in the Far East to East Coast South America (FE – ECSA) ...

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Edison Chouest Offshore Bringing Its Operations to Gulfport

Image Courtesy: ECO

Edison Chouest Offshore, an offshore energy service and supply company, is locating shipbuilding operations at the ...

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Eagle Bulk Given More Time to Deal with Liquidity Issues

Image Courtesy: Eagle Bulk

US-based operator of dry bulk cargo vessels Eagle Bulk Shipping has reached an agreement with its lenders to ...

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Update: CSCL Indian Ocean Reaches Hamburg

Image Courtesy: Havariecommando

China Shipping Container Lines’ stricken boxship CSCL Indian Ocean has arrived at Hamburg Port and tied up at ...

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Drewry: To Slow Steam or Not to Slow Steam?

Image Courtesy: Maersk Line

Bunker prices are now at a low level not seen since the early 2000s and with much lower marine fuel prices big ...

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Navig8 Chemical Tankers Back to Black, Bullish on Outlook

Image Courtesy: Navig8

Navig8 Chemical Tankers Inc. has returned to profit reporting a net income of USD 9.1 million for the three months ...

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Hurricane Storm Cuts Anthem of the Seas' Voyage Short

Image Courtesy: RCL

Royal Caribbean’s Anthem of the Seas was battered by the severe hurricane-force storm off Cape Hatteras on ...

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Tallink’s LNG-Powered Fast Ferry Begins Taking Shape

Image Courtesy: Tallink

The hull assembly of Tallink’s new fast ferry Megastar started today at the Meyer Turku shipyard. The ferry will ...

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Ship Owners Complacent over Fuel Procurement

Image Courtesy: GAC

The low price of crude is creating complacency among ship owners in relation to decisions over fuel procurement ...

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Image Courtesy: NITC

The National Iranian Tanker Company (NITC) has been readmitted to the International Association of Independent ...

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Spotted: Majestic Princess Shows Off New Livery

Image Courtesy: Princess Cruises

 The Majestic Princess, owned by Princess Cruises, the first cruise ship built and designed specifically for the ...

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CSCL Indian Ocean Finally Freed, Bound for Hamburg

Image Courtesy: Havariekommando

Mega containership CSCL Indian Ocean which has been stranded in the river Elbe for days has finally been freed by ...

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Port of New York and New Jersey Sets New Cargo Record

Image Courtesy: Port of New York and New Jersey

The Port of New York and New Jersey exceeded its previous record for annual cargo volumes in 2015 by more than 10 ...

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