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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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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HMM’s Restructuring Pushed to Late July

Image Courtesy: Hamburg Hafen

The creditor-led restructuring scheme of the South Korea’s cash-strapped shipping firm Hyundai Merchant ...

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Maersk Bolsters North East Asia – New Zealand Coverage

Image Courtesy: Maersk Line

Danish container shipping firm Maersk Line is upgrading its existing Triple Star service to provide direct, weekly ...

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SGX Extends Exclusive Talks with Baltic Exchange

Image Courtesy: Baltic Exchange

Singapore Exchange (SGX) has extended the period of exclusive discussions to buy the London’s Baltic Exchange ...

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Lerwick Harbour Readies for Its Biggest Cruise Ship

Image Courtesy: Lerwick Harbour/John Coutts

UK’s Lerwick Harbour is getting ready for the arrival of Azura, the largest cruise ship yet to enter this ...

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Drewry: Europe-ECSA Freight Rates Still Falling

Image Courtesy: BSM

As freight rates in the Europe-East Coast South America trade continue to fall amid weakened ship utilisation, ...

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Morocco Sells 40 Pct of Shares in Port Operator Marsa Maroc

Image Courtesy: Marsa Maroc

The government of Morocco has raised an amount of MAD 1.9 billion (USD 198 million) by disposing of a 40 percent ...

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NYK Ship Kicks Off Commercial Transits through Panama

Image Courtesy: Panama Canal Authority

The Lycaste Peace, a liquefied petroleum gas (LPG) carrier operated by Japanese shipping company Nippon Yusen ...

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Oakland Votes to Ban Coal Shipments

Illustration; Image Courtesy: Greenpeace

The Oakland city council voted unanimously against the plans to send millions of tons of coal shipments through a ...

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Tsavliris to Create Salvage Network in Chinese Waters

Image Courtesy: Tsavliris Salvage

Greek emergency response contractor Tsavliris Salvage has signed a Memorandum of Understanding with ...

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Fatal Accidents Rise at Bangladeshi Shipbreaking Yards

Image Courtesy: NGO Shipbreaking Platform

At least five shipbreaking workers have been killed and five more severely injured in a series of fatal accidents ...

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Spotted: MSC Nederland Tests Liverpool2

Image Courtesy: Peel Ports

With marine-based commissioning work being underway at Liverpool2 terminal, the Mediterranean Shipping ...

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