Drewry: China Slowdown Hurting Container Volumes

China Slowdown Hurting Container Volumes

The risks from a slowdown in Chinese consumption to container shipping are far smaller than for the dry bulk ...

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Body Found on Ferry Ablaze off Hokkaido

Body Found on Ferry Ablaze off Hokkaido

Japan Coast Guard has found a body inside the ferry Sunflower Daisetsu, presumed to be the 44-year-old Kunihiko ...

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Canada Invests in Shore Power Infrastructure in Quebec

the Alexandra Pier

The government of Canada has set aside new funding for the installation of shore power infrastructure at the Port ...

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Donggi Senoro LNG Project Ships First Cargo

Donggi Senoro LNG Project Ships First Cargo

The first liquefied natural gas (LNG) cargo from Indonesia’s USD 2.9 billion Donggi Senoro LNG Project ...

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Boxships Collide in Port Klang

Boxships Collide in Port Klang

Two container ships collided while one of the vessels was performing berthing maneuvers in Westport harbor at Port ...

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DP World Fights Off 750% Rent Hike at Port of Melbourne

DP World Blocks 750 Rent Hike at Port of Melbourne

Dubai-based port operator DP World has managed to negotiate a new 50-year tenure deal at the Port of Melbourne at a ...

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US Navy Ship Catches Fire in Croatian Shipyard

US Navy Ship Catches Fire in Croatian Shipyard

A fire broke out on board USS Mount Whitney (LCC 20) while the ship was in Viktor Lenac Shipyard, Rijeka, Croatia.  ...

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Nantong Tongbao Nabs Order for Eight Chemical Tankers

Nantong Tongbao Nabs Order for Eight Chemical Tankers

China’s Nantong Tongbao Shipbuilding has signed agreements with Shanghai Dingheng Shipping and Xiamen Xiangyu ...

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Mingde Heavy Declares Bankruptcy

Mingde Heavy Declares Bankruptcy

Tongzhou District People’s Court in Nantong officially declared Nantong Mingde Heavy Industry bankrupt on July 31, ...

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Tasneef to Class 31 Vessels for Irshad

Tasneef to Class 31 Vessels for Irshad

Emirates Classification Society (Tasneef), a national classification society of United Arab Emirates,  and Abu ...

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Amur River Starts Sakhalin-2 Gig

amur river

The LNG carrier Amur River, operated by Russia’s Sakhalin Energy Investment Company, departed on his first ...

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Koole Terminals Expands Operations in Port of Rotterdam

Koole Terminals Expands Operations in Port of Rotterdam

Dutch storage company Koole Terminals has started operating the storage terminal for petrol and diesel in Pernis, ...

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BG Group Starts Up Sixth FPSO in Santos Basin, Brazil

BG Group Starts Up Sixth FPSO in Santos Basin, Brazil

British multinational oil and gas major BG Group has reported first oil from the Cidade de Itaguaí floating, ...

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Contship Italia Signs MOU with Iran’s SPMCO

Contship Italia Signs MOU with Iran's SPMCO

Italy’s Contship Italia Spa has recently signed a strategic Memorandum of Understanding (MOU) with ...

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Livestock Carrier Catches Fire off Crete

Livestock Carrier Catches Fire off Crete

A livestock carrier caught fire on August 1 off the Greek island of Crete while en route from Lebanon to ...

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Readers’ Picks of the Week (27-31 of July)

Readers' Picks of the Week (27-31 of July)

Egypt Says New Suez Canal Ready for Business New Suez Canal is completed and ready to officially receive its first ...

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TEN Ends Best Second Quarter in Years with a Bang

TEN Ends Best Second Quarter in Years with a Bang

Athens-based owner and operator of tankers and LNG carriers Tsakos Energy Navigation (TEN) has wrapped up its best ...

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Two High Speed Ferries Collide in Piraeus, Greece

Two High Speed Ferries Collide in Piraeus, Greece

Two high speed ferries collided while sailing out of Piraeus port, Greece on July 30, the Hellenic Coast Guard ...

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Law on Lifting US Oil Export Ban Heads to Senate Floor

U.S. Sen. Lisa Murkowski,

The U.S. Senate Energy Committee passed a bill aimed at lifting the ban on exporting domestic crude oil production. ...

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Royal Caribbean Profit Up on Strong Dollar, Cheaper Fuel

Royal Caribbean Profit Up on Strong Dollar, Cheaper Fuel

Miami-based cruise line Royal Caribbean Cruises Ltd. reported a 26% increase in second quarter earnings, saying it ...

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Cosco Slides to Loss

Cosco Slides to Loss

Singapore-based Cosco Corporation Limited, an investment holding company engaged in ship building, marine ...

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Japanese Shipping Heavy Hitters Post Improved Results

Japan's Shipping Heavy Hitters Post Improved Quarterly Results

Three largest Japanese shipping companies – Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) and Kawasaki ...

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Ondimar Firms Order for Suezmax Quartet at Navantia

Ondimar Seals Order for Suezmax Quartet at Navantia

Spanish shipbuilder Navantia has inked a deal with its compatriot shipping company Ondimar Transportes Marítimos ...

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Demand for LNG Carriers Drives MHI’s Profit Hike

Demand for LNG Carriers Drives MHI's Profit Hike

Tokyo-based Mitsubishi Heavy Industries (MHI) saw a hike in its shipbuilding generated profit for the first quarter ...

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Wallenius Wilhelmsen Admits to Price Fixing in Africa

Wallenius Wilhelmsen Settles on Price Fixing

South African Competition Commission said that it has reached a settlement agreement with Norwegian shipping ...

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Argus: Bigger Suez Does Not Guarantee Increased Traffic

Bigger Suez Canal Does Not Guarantee Increased Traffic

It is yet unclear whether the New Suez Canal will spur more traffic or better accommodate the major rise in ...

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Yinson Takes Majority Stake in Premuda’s FPSO

Yinson Takes Majority Stake in Premuda's FPSO

Malaysian Yinson Holdings Berhad and Italy’s Premuda S.P.A. have, through two of their wholly-owned ...

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