Sill Reinforcements in New Panama Canal Locks Completed

Image Courtesy: ACP

The sill reinforcements in the new locks of the Panama Canal have been completed this week, bringing the Panama ...

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VIDEO: Modern Express Finds Safe Haven in Bilbao

Image Courtesy: Spanish Maritime Safety Agency

The ill-fated car carrier Modern Express, which has been drifting in rough seas for over a week, safely arrived at ...

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MISC Berhad Sees Strong Returns

Image Courtesy: MISC Berhad

Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase ...

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FSL Trust Forced to Sell Boxship Duo

Image Courtesy: FLS Trust

FSL Trust Management Pte, the trusteemanager of First Ship Lease Trust, has sold two containerships for USD 10.8 ...

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Svitzer Firms Presence in the Caribbean

Image Courtesy: Svitzer

Towage specialist Svitzer has inked a 2.5 year contract to offer marine services at the NuStar terminal in St. ...

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Port of Antwerp Vies for More Attention from China

Image Courtesy: Port of Antwerp

Belgian Antwerp Port Authority has signed a partnership agreement with the Industrial and Commercial Bank of China ...

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Jiangdong Shipyard Delivers North Star Bulker

Image Courtesy: Graig

The fifth in a series of eight Handysize 35,000 dwt bulk carriers, being built at Chinese Jiangdong Shipyard, has ...

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Pacific Pearl Arrives for New Zealand Cruise Season

Image Courtesy: P&O Cruises

Australian P&O Cruises, brand of Carnival Group, has sent its 1800-guest Pacific Pearl to Auckland for the ...

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Diana Shipping to Add Three Panamax Dry Bulkers

Image Courtesy: Diana Shipping

Greek dry bulk ship owner Diana Shipping has signed three Memoranda of Agreement to acquire three Panamax vessels ...

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Navios Maritime Cuts Cash Distributions as Its Profit Drops

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Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has seen its revenues decrease ...

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DNV GL, RS Ink Cooperation Deal

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International certification body and classification society DNV GL has entered into a bilateral framework agreement ...

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DHT Holdings Reaps VLCC Gains

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Bermuda-based crude oil tanker owner and operator DHT Holdings reported annual net income of USD 105.3 million for ...

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Safe Bulkers Extends Facility Repayment by Two Years

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NYSE-listed dry bulk shipping company Safe Bulkers, Inc. has extended the term of its existing credit facility ...

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Strong Tanker Market Pushes Ardmore’s Earnings

Image Courtesy: Ardmore Shipping

Owner and operator of mid-size product and chemical tankers Ardmore Shipping Corporation reported a net profit of ...

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Capital Product Partners Fixes Two Boxships

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Greek shipping company Capital Product Partners has signed charter employments for its two 8,266 TEU container ...

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IRISL Coming Back to Europe by End of the Month

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Islamic Republic of Iran Shipping Lines (IRISL) plans to return to Europe before the end of this month, with HDS ...

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Daiichi Gets More Time for Rehabilitation Plan

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Tokyo District Court has granted Japanese dry bulk shipping company Daiichi Chuo Kisen Kaisha an extension of the ...

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Losses Drive Down Mitsui’s Full Year Forecast

Image Courtesy: MES

Japanese shipbuilder Mitsui Engineering & Shipbuilding (MES) has cut the financial forecast for fiscal year ...

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HHI Slashes NOx Emissions from Marine Engines

Image Courtesy: HHI

South Korea-based shipbuilder and marine engine maker Hyundai Heavy Industries (HHI) has produced the world’s first ...

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Zenith Energy Buys Storage Terminal Facility in Amsterdam

Image Courtesy: Port of Amsterdam

Liquids and bulk terminaling company Zenith Energy has signed an agreement to acquire a liquids storage terminal ...

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World’s Largest Asphalt Carrier to Sail Under BV Class

Image Courtesy: Bureau Veritas

French classification society Bureau Veritas is classing the 37,000 dwt asphalt carrier Asphalt Splendor, recently ...

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RCL’s 2015 Earnings Up 42 Pct over 2014

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Royal Caribbean Cruises Ltd. today reported adjusted earnings for 2015 worth USD 4.83 per share – up 42% over ...

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Eimskip Hammers Out Wage Deal, Dodges Strike

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Senior officers aboard Eimskip vessels have postponed their announced strike until mid February having reached a ...

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MSC Cruises Confirms Option for Two More Cruise Ships

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Geneva-based cruise giant MSC Cruises has confirmed orders for two more cruise vessels to be built by STX ...

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Star Bulk Carriers Disposes of Another Capesize

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Athens-based dry bulk shipping company Star Bulk Carriers has decided to sell its 181,433 dwt Capesize vessel MV ...

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Cargotec Picks China for Its ASC Business

Image Courtesy: Kalmar

Chinese Rainbow Cargotec Industries (RCI), a Sino-foreign joint venture between Jiangsu Rainbow Heavy Industries ...

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TOP Ships Takes Newbuild, Gets Nasdaq Warning

Image Courtesy:  Central Shipping Monaco

Nasdaq-listed tanker owner TOP Ships Inc. took delivery of the M/T Eco Revolution, a 39,000 dwt “ECO” ...

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