KDB to Back DSME's Restructuring Despite Opposition

The restructuring of the financially-troubled South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering ...

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Essar Shipping Adds Panamax Bulker

Indian shipping corporation Essar Shipping Limited (ESL) has added to its fleet Mahavir, a Panamax bulk carrier.  ...

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OSC Goes Global with VLCC Chartering

Muscat-headquartered Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering ...

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Low Rates Lead Diana Containerships to 1Q Loss

Greek-based containership owner Diana Containerships widened its net loss in the first quarter of this year, ...

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India Steamship Sells Tanker Fleet to Centrofin

Tanker owner and operator India Steamship has sold its four strong LR2 tanker fleet to Greece’s Centrofin ...

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Odfjell Buys Handy Chemical Tanker

In line with its fleet renewal strategy, Norwegian shipping and tank terminal company Odfjell informed it has ...

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First EU-Built LNG Bunker Vessel Named

Coralius, the first European-built LNG bunker and distribution vessel, was named on Monday, May 22. The vessel was ...

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Navios Partners Closes 1Q in Red

Greek owner and operator of drybulk and container vessels Navios Maritime Partners suffered a net loss of USD 5.7 ...

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Svitzer Starts Building Moroccan Fleet

Svitzer, part of the Maersk Group, has ordered four ASD tugs from Sanmar Shipyards to service the recently awarded ...

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Jinhui Cuts Loss as Dry Bulk Freight Rates Rise

Hong Kong-based dry bulk specialist Jinhui Shipping and Transportation Limited recorded a net loss of USD 7.97 ...

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Spotted: First NYC Ferry Christened in the Big Apple

In today’s spotted we present you the first ferry in NYC Ferry’s fleet which was recently christened in ...

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Global Cargo Fleet's OPEX Passes USD 100 Bn

Global ship operating expenses (OPEX) for the world’s cargo fleet have now breached USD 100 billion mark for the ...

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GOGL Expands Fleet with Capesize Bulker

Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has taken delivery of another second-hand ...

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Svitzer Scoops Moroccan Bounty

Svitzer, part of the Maersk Group, has been awarded a 20-year concession to provide terminal towage services to the ...

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MPC Container Ships Starts a Shopping Spree

MPC Container Ships AS, the recently established subsidiary of MPC Capital AG, has acquired seven container ...

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GulfNav Reports 1Q Profit Surge

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) ended the first three months of 2017 with a 39 ...

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Autonomous Ships Set to Plough the Baltic by 2025

Representatives from marine and IT-industry have teamed up to enable fully remote controlled vessels in the Baltic ...

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WSS to Start Drone Deliveries to Ships

Norway-based ships agency services provider Wilhelmsen Ships Service (WSS) revealed plans to launch drone ...

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Nakilat Presses On with LNG Fleet Management Transition

Qatar’s Nakilat has assumed full ship management and operations of a Q-Flex LNG carrier Onaiza from Shell ...

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Carriers Not Cashing In on Intra-Asia Container Trade Surge

Container traffic within Asia is flying according to trade statistics, but carriers are yet to feel the benefit, ...

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Primerose Shipping Orders Bulker Duo in China

Greek ship owner Primerose Shipping has ordered two bulk carriers in China, shipbroking sources say. The two 81,000 ...

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SHI Wins Order for LNG Carrier Pair

South Korean shipbuilder Samsung Heavy Industries (SHI) has inked a contract with compatriot natural gas company ...

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COSCO Dalian Hands Over Panamax Bulker

China-based COSCO (Dalian) Shipyard, a subsidiary of COSCO Shipyard Group, has delivered bulk carrier newbuilding ...

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Diana Shipping Adds 2013-Built Kamsarmax

Greek owner of dry bulk vessels Diana Shipping has taken delivery of M/V Astarte, a 2013-built Kamsarmax bulker, ...

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CMA CGM Books USD 86 Mn in Q1 Profit

French shipping giant CMA CGM reported a consolidated net income of USD 86 million in the first quarter of 2017, ...

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IM Skaugen Claims Victory in Arbitration Case against MAN

Norway based transportation company IM Skaugen said that it has won around USD 15 million in damages in the ...

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