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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Seven Companies Split USD 1.9bn in Managament Contracts

Image Courtesy: MARAD

The US Department of Transportation (DOT) has awarded contracts with a total award value of USD 1.96 billion over ...

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Meyer Turku Confirms Order at TTS Marine AB

Image Courtesy: Meyer Turku

Finland-based Meyer Turku Yard has confirmed a contract with TTS Marine AB for delivery of access equipment to ...

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SwissMarine Hires One More from Diana

Image Courtesy: Diana

Greek dry bulker owner Diana Shipping Inc. has entered into a time charter contract with Geneva-based SwissMarine ...

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One Dead, Two Injured Due to Toxic Fumes aboard Tanker

Image Courtesy: Palmali

One crew member died and two were hospitalized after they inhaled poisonous fumes while cleaning cargo tanks aboard ...

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Sharp Rise in Incorrectly Declared Dangerous Goods

Image Courtesy: Hapag Lloyd

There was a major rise in incorrectly declared dangerous goods last year, compared to 2014, according to German ...

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Greenpeace: Modern Express Carrying Controversial Cargo

Image Courtesy: French Navy

The troubled car carrier Modern Express is carrying a controversial cargo of timber apparently destined for the ...

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Pirates Try to Hijack Maersk Line’s Containership

Image Courtesy: Safmarine

The Nigerian Navy has prevented a group of pirates from hijacking the 28,844 dwt containership Safmarine Kuramo ...

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Anaklia Deep Sea Port Construction Contract Awarded

Contract Awarded for Construction of Anaklia Deep Sea Port

The Anaklia Development Consortium LLC has been awarded the USD 2.5 billion contract to build and develop a deep ...

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