DP World, Qingdao Port Group Deepen Collaboration

DP World, Qingdao Port Group Deepen Collaboration

DP World, Dubai, and Qingdao Port Group, China, have signed a Strategic Framework Agreement to enhance port cooperation.  DP World and Qingdao Port Group are already joint venture partners and the agreement builds on the ...

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Russian IEA to Order Up to 30 Ships

Russian IEA to Order Up to 30 Ships

Russian Industrial and Ecological Alliance CJSC is looking to order up to 30 ships, according to the ...

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ZIM Climbs the Hole

ZIM Climbs the Hole

Israeli containership owner and operator ZIM has managed to cut its loss for the quarter ending September 30 on the ...

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Westminster Group Clinches West Africa Ferry Deal

Westminster Group Clinches West Africa Ferry Deal

The U.K.-headquartered Westminster Group Plc. has through its Managed Services division secured a 21 year agreement ...

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Fincantieri Teams Up with Carnival and CSSC

Fincantieri's Monfalcone shipyard

Italian shipbuilder Fincantieri has signed two memorandums of understanding (MoU), one with cruise liner giant ...

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Exmar Shelves IPO

Exmar Shelves IPO

Antwerp-based LNG and LPG carrier owner and operator Exmar has decided to delay the launch of the contemplated ...

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Pullmantur Increasing Capacity with Majesty of the Seas

Royal Caribbean's Majesty of the Seas

Cruise company Royal Caribbean Cruises Ltd. will transfer Majesty of the Seas from its Royal Caribbean ...

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DSME to Unveil Floating Storage Power Plant Concept

DSME to Unveil Floating Storage Power Plant Concept

South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has made plans to introduce a new ...

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Two More Icebreakers for Havyard

Havyard 843 Ice design

Havyard Ship Technology AS has signed a contract with an undisclosed international shipping company for the design ...

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Oldendorff Stretches Financing for Two Ultramax Newbuildings

Oldendorff Stretches Financing for Two Ultramax Newbuildings

German shipowner and operator Oldendorff Carriers has secured a 12-year financing extension for its two 60,500 dwt ...

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Carnival Cuts CO2 Emissions Ahead of Schedule

Royal Princess

Cruise giant Carnival Corporation & plc has met its corporate goal to reduce its rate of CO2 emissions from ...

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China Earth Fined for Queensland Garbage Disposal

China Earth Fined for Queensland Garbage Disposal

China Earth Shipping Incorporated was convicted of illegally discharging garbage and fined USD 20,000 in the ...

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Suezmax Tanker Market Strong

NAT CEO and Chair, Herbjørn Hansson

The recent drop in the oil price is positive for world tanker business, Herbjørn Hansson, Chairman & CEO of ...

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Sewol Operator Chief Gets Ten Years

sewol

South Korea’s Gwangju District Court sentenced the head of the company that operated the sunken Sewol ferry, ...

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ESC: Shipping Alliances Need a Watchdog

ESC Shipping Alliances Need a Watchdog

The European Shippers’ Council (ESC) says that shipping industry needs a global authority to keep Vessel Sharing ...

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Mexico Nods to Hapag-CSAV Merger

Mexico Nods to Hapag-CSAV Merger

Mexican competition authority has given unconditional clearance under Mexican merger regulations for the planned ...

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UNCTAD: Global Seaborne Trade Marks Modest Growth

UNCTAD: Global Seaborne Trade Marks Modest Growth

Reflecting stumbling growth in the world economy, world seaborne shipments grew by an average of just 3.8 per cent ...

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Navios Acquisition Sells Four VLCCs

Navios Acquisition Sells Four VLCCs

Navios Maritime Acquisition Corporation has sold four Very Large Crude Carriers (VLCC) to Navios Midstream for USD ...

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APM Terminals Sets Aside USD 1bn for Tema Port

APM Terminals Sets Aside USD 1bn for Tema Port

APM Terminals has signed a Memorandum of Understanding (MOU) with the Government of Ghana, representing a private ...

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FMC Asking for More Info on TSA Proposal

Port of Los Angeles

The US Federal Commission plans to request additional information from the Transpacific Stabilization Agreement ...

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China and India to Account for 35Pct of Oil Trade

China and India to Account for 35Pct of Oil Trade

China and India will account for about 35% of global oil trade in the next ten to fifteen years, despite China’s ...

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BW LPG Positive about Market Outlook for 2015

BW LPG Positive about Market Outlook for 2015

Very large gas carrier (VLGC) owner and operator BW LPG is reaping the fruits of historically high rates on VLGC ...

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Mauritius: Port Louis Poised for Upgrade

Illustration: Harbour Port Louis

Austrian construction company STRABAG, together with its partner Archirodon Construction (Overseas) Co. SA, has ...

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Norwegian Wraps Up Prestige Takeover

Norwegian Wraps Up Prestige Takeover

Cruise operator Norwegian Cruise Line Holdings Ltd. has completed its previously-announced acquisition of Prestige ...

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Corvus Energy Takes On First LNG Hybrid Ferry

Corvus Energy Takes On First LNG Hybrid Ferry

Corvus Energy and Siemens AS have been awarded the contract for the Fannefjord LNG hybrid ferry operated by Fjord1. ...

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