Euronav Expects Strong Tanker Market in Q3

Euronav Expects Strong Tanker Market in Q3

Sustained improvement in tanker freight rates has driven Euronav’s EBITDA up to USD 142.3 million in the ...

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NLNG to Take Delivery of Its Newbuild Quartet by Year-End

NLNG to Take Delivery of Its Newbuild Quartet by Year-End

The fleet of Nigeria Liquefied Natural Gas Company (NLNG) is about to be joined by four LNG carriers before ...

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Pan Ocean Exits Rehabilitation

Pan Ocean Exits Rehabilitation

Seoul Central District Court has approved the completion of rehabilitation procedure of South Korean bulk shipping ...

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Spotted: 4Bs in Bergen

fred olsen

Norwegian cruise line Fred. Olsen Cruise Lines brought together its fleet of four ships –Balmoral, Braemar, ...

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DSME Takes Songa Offshore to Arbitration

Songa Equinox

South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) is seeking arbitration against ...

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Matson to Pay USD 15.4 Million for Hawaii Molasses Spill

Matson Settles on USD 15.4 Million Hawaii Molasses Spill Settlement

U.S. shipping company Matson, Inc. has agreed to pay up to USD 15.4 million as compensation for the 2013 molasses ...

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Dangling Activists Keeping Shell Icebreaker in Portland

Dangling Activists Keeping Shell Icebreaker in Portland

Greenpeace US activists have suspended themselves from St. Johns Bridge in Portland, Oregon to block the Shell ...

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Scorpio Tankers in Potential USD 536 Million Newbuilding Deal

Scorpio Tankers In Potential USD 536 Million Newbuilding Deal

Scorpio Tankers has ordered two MR product tankers and two Handymax product tankers at South Korea’s Hyundai ...

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Egypt to Start Building New Side Channel at Port Said

Suez Canal Container Terminal

 A new side channel is about to be built near the Suez Canal to allow smaller vessels in the Mediterranean a ...

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Korean Big Three Hit Hard in Q2

Korean Big Three Hit Hard in Q2

South Korean shipbuilding giants Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) ...

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”K” Line Fixes Two LNG Carriers

''K'' Line Fixes Two LNG Carriers

”K” Line LNG Shipping (UK) Limited (K-LNG), a subsidiary of Japanese Kawasaki Kisen Kaisha ...

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Container Carriers Flocking to Iran

Container Carriers Flocking to Iran

Container carriers are returning their operations to Iran following the deal with P5 +1 powers on lifting of ...

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San Francisco Ferry Operator Examining Hydrogen Propulsion

San Francisco Ferry Operator Looking Into Hydrogen Propulsion

Sandia National Laboratories and San Francisco-based ferry operator Red and White Fleet have signed a cooperative ...

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CSDC and CSCL Receive USD 169m in Scrap-and-Build Subsidies

CSDC and CSCL Receive USD 169m in Scrap-and-Build Subsidies

China Shipping Development Company (CSDC) and China Shipping Container Lines (CSCL) have received a combined ...

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Scorpio Bulkers Plunges Deeper into Red

Scorpio Bulkers Plunges Deeper in Red

Scorpio Bulkers Inc. posted a net loss of USD 138.6 million, or USD 0.71 basic and diluted loss per share, for the ...

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Port of Garston to Get New Bulk Terminal

Port of Garston to Get New Bulk Terminal

UK’s largest port operator Associated British Ports (ABP) has set aside GBP 2.2 million (USD 3.4m) for the ...

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Wan Hai Lines Tops Reliability Poll

Wan Hai Lines Tops Reliability Poll

Taiwanese carrier Wan Hai Lines has beaten Danish container shipping giant Maersk, taking the lead as the most ...

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Shell to Provide LNG to SABIC Vessels in Teesport

Shell to Provide LNG to SABIC Vessels in Teesport

Saudi Arabian petrochemical giant Saudi Arabia Basic Industries Corporation (SABIC) has chosen Shell LNG as a ...

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Port of Houston Authority Terminals Nearing 20m Ton Mark

Port of Houston Authority Terminals Nearing 20 Million Ton Mark

The Port of Houston Authority terminals handled nearly 20 million tons of cargo since the first of this year ...

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Matson Overhauling Its Alaska Operations

Matson Overhauling Its Alaska Operations

U. S. carrier Matson, Inc. is pushing ahead with its plans to fund improvements in its new Alaska operations ...

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Diana Containerships Sells Cap Domingo

Diana Containerships Sells Cap Domingo

Nasdaq-listed containership owner Diana Containerships has decided to trim its fleet and sell one of its Panamax ...

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Seaspan Quadruples Quarterly Net Profit

Seaspan Quadruples Quarterly Net Profit

Hong Kong-headquartered containership owner Seaspan Corporation improved its net earnings by 306% in the second ...

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NAP Reports Improved Results

NAP Reports Improved Results

Navios Maritime Midstream Partners L.P., an owner and operator of tanker vessels, has earned USD 18.4 million of ...

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Torghatten Orders Eco Ferry

Torghatten Orders Eco Ferry

Norwegian ferry operator Torghatten Trafikkselskap AS has signed a contract with compatriot shipyard Fiskerstrand ...

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Another Behemoth Joins CMA CGM’s Fleet

Another Behemoth Joins CMA CGM's Fleet

French liner company CMA CGM Group took delivery of the CMA CGM Vasco de Gama on July 27th from China State ...

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First Ever Fully Laden Valemax Calls at Chinese Port

First Ever Fully Laden Valemax Calls at Chinese Port

The first-ever fully laden Valemax ore carrier discharged iron ore at a Chinese port over the weekend, according to ...

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Carnival Orders Two More LNG-Fuelled Mega Cruise Ships

Carnival Orders Two More LNG-Fuelled Mega Cruise Ships

Costa Cruises, Carnival Corporation’s Italy-based brand, has ordered construction of two next-generation ...

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