Bahri Adds New VLCC to Its Fleet

National Shipping Company of Saudi Arabia (Bahri) has further expanded its fleet with the addition of a 300,000-dwt ...

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Finnish-Swedish Maritime Project Gets Funds from the EU

Ports of Stockholm has together with the Port of Turku, Port of Mariehamn and Viking Line received EU support of ...

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BV, Ascenz Join Forces in Ship Performance, Monitoring

Classification society Bureau Veritas and Singapore-based Ascenz have signed an agreement to provide ship ...

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COSCO Shipping Energy Warns of Over 50 Pct Profit Fall

Hong Kong-listed COSCO Shipping Energy Transportation forecasts a drop in profit for the first six months of this ...

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Russia Ordered to Pay USD 6.2 Mn for Seizing Greenpeace Ship

An international tribunal has ordered Russia to pay EUR 5.39 million (USD 6.2 million) in damages to the ...

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Video: Ichthys Venturer FPSO Sails Away

Ichthys Venturer, the INPEX-operated Ichthys LNG Project’ floating production, storage and offloading (FPSO) ...

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Embattled DryShips Presses On with Reverse Stock Split

Nasdaq-listed shipowner DryShips said on Tuesday its Board of Directors signed off a 1-for-7 reverse stock split of ...

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Canada Extends St. Lawrence Seaway Management Deal

The Government of Canada has agreed a five-year extension of a deal with the St. Lawrence Seaway Management ...

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MSC, Somali Govt Agree on Release of Ship that Cut Internet

Swiss Mediterranean Shipping Company (MSC) has reached an agreement with the Somali government on the release of ...

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HHI Presents Integrated Smart Ship Solution

South Korea’s shipbuilder Hyundai Heavy Industries (HHI) has developed Integrated Smart Ship Solution (ISSS), ...

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SOFTimpact, Lemur Partner Up on Cyber Security Solutions

Cyprus-based maritime IT solutions provider SOFTimpact has signed a strategic partnership agreement with newly ...

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DryShips: Class Action Lawsuit without Merit

Responding to the recent class action lawsuit filed in the US District Court, Greek shipowner DryShips said the ...

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Mid-Sized Niche Carriers Up Fleets in 2017

The mid-sized niche carriers have seen a 12.8% increase in deployed capacity during the first six months of 2017, ...

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Höegh LNG, Nakilat Join Forces on FSRU Projects

Floating energy solutions provider Höegh LNG and shipping company Nakilat have agreed to explore collaboration for ...

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Nigerian Navy Thwarts Vessel Hijacking Attempt

The Nigerian Navy has foiled an attempted hijacking of a merchant vessel some 16 nautical miles off the coast ...

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BV Grants AIP for Wison’s Floating LNG Power Supply Barge

Shanghai-based Wison Offshore & Marine, part of Wison Group, informed that its newly-developed floating storage ...

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Philly Shipyard Posts Higher H1 Net Income

Oslo-listed Philly Shipyard ASA recorded USD 19.4 million in net income for the first half of the year, ...

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Rolls-Royce Inks Service Deal for 74 Vessels

UK-based engineering company Rolls-Royce has signed a three-year service agreement with Siem Offshore and Subsea 7 ...

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GMS: Pakistan to Tighten Scrapping Rules for Tankers

Pakistani shipbreaking yards, which are currently closed to for tankers following accidents on uncleaned FSU and ...

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Report: SHI to Continue Cutting Its Workforce

South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce, continuing ...

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GCT Closes Deltaport Terminal amid Hazmat Incident

Canada’s port operator Global Container Terminals (GCT) suspended gate operations at its Deltaport terminal ...

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Oceanbulk Books Capesize Quartet at Shanghai Waigaoqiao

Greek Oceanbulk Group has been linked to an order for four Capesize bulkers at China’s Shanghai Waigaoqiao ...

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Martek Marine Gets Euro Drone Contract

The European Maritime Safety Agency (EMSA) has included the UK-based Martek Marine in a framework contract for ...

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Port of LA Ends Fiscal Year with Record Volumes

The Port of Los Angeles closed its 12-month fiscal year with total cargo volumes of 9.2 million TEUs, hitting its ...

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Interview: BWM Rules Threaten Small-Sized Ships

An amended implementation scheme for ships to comply with the D-2 biological standard under the Ballast Water ...

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Hamburg Port Ups Discount for Use of Harbor Power

In an effort to better control portside emissions, the Hamburg Port Authority (HPA) has increased the discount for ...

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China Merchants Port Holdings Forecasts 50 Pct Profit Rise

Hong Kong-listed China Merchants Port Holdings expects to record an over 50 percent jump in profit for the six ...

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