EU, Japan Raise Concerns over DSME's Rescue Plan

The European Union and Japan have raised concerns over Daewoo Shipbuilding & Marine Engineering’s (DSME) ...

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Spotted: Guatemala Welcomes Its Largest Boxship to Date

The 8,600 TEU CSAV Traiguen has become the largest containership to call a Guatemalan port when it arrived at ...

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Diana Shipping Eyes More Funds for Ship Acquisitions

Athens-based dry bulk owner Diana Shipping has commenced an underwritten public offering of USD 70 million of ...

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DNV GL Becomes DAkkS Accredited EU MRV Verifier

Classification society DNV GL has received the accreditation from German accreditation body DAkkS to verify ...

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China's Iron Ore Import to Boost Dry Bulk Market

Alongside shipping of grains, China’s import of iron ore is set to continue to be a key driver for the demand ...

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Erma First Submits USCG Type Approval Application for BWTS

Greece-based manufacturer of ballast water treatment systems (BWTS) Erma First has filed an application with the ...

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Alphaliner: Vessel Demand Rises with New Alliances

With the launch of the new carrier alliances on the east-west trades on April 1, 2017, the demand for vessels and ...

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Euronav Arranges Salvage Ops for Grounded Tanker

Euronav’s crude oil tanker M/T Alex, which ran aground on April 12, could soon be freed as the ship’s ...

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37 Bahri Ships to Fly Saudi Arabia's Flag

National Shipping Company of Saudi Arabia (Bahri) revealed plans to re-flag 32 of its very large crude tankers ...

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Seanergy Secures Time Charter for Its Capesize Bulker

Athens-based dry bulk shipping specialist Seanergy Maritime Holdings has entered into a time charter contract for ...

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Tapping into Potential of Booming Asian Cruise Market

The recent booming of the cruise industry in the Asian market has proved to be a great business opportunity for ...

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FSL Trust's Aframax to Work for Teekay

Singapore-based First Ship Lease Trust (FSL Trust) has reached an agreement to employ its vessel Aframax crude oil ...

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Scorpio Bulkers Disposes of Kamsarmax Duo

NYSE-listed dry bulk owner and operator Scorpio Bulkers has entered into agreements to sell its two 2014-built ...

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P&O Ferries Unveils Expansion of Its Zeebrugge-Hull Route

Pan-European ferry operator P&O Ferries has revealed its plans to launch a new dedicated freight service ...

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Wärtsilä to Power World's First LNG-Fuelled OCV

Finnish engineering company Wärtsilä has been selected to equip the first liquefied natural gas (LNG) fuelled ...

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Fincantieri to Build Two More for Viking Ocean Cruises

Italian shipbuilder Fincantieri has signed a memorandum of agreement for the construction of two additional cruise ...

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Bondholders' Nod Brings DSME Closer to Fresh Funds

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) will soon receive a cash injection from its ...

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Navios Bulk Carrier Catches Fire at UK's Immingham Dock

A bulk carrier with 19 crew on board suffered a fire while it was moored at Immingham Docks, UK in the afternoon ...

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Drewry: Bigger Ships to Continue Pressuring Freight Rates

Westbound Asia to Mediterranean volumes have been disappointing thus far in 2017, but shipments heading in the ...

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Seago Line Sees Modest Profit amid Lower Freight Rates

Despite strong headwinds in the intra-European market, short-sea and feeder operator Seago Line, part of Maersk ...

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Report: NPS Agrees on DSME's Debt Rescheduling Measures

The main debt holder of Daewoo Shipbuilding & Marine Engineering (DSME), South Korea’s National Pension Service ...

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Ecochlor to Supply BWTS for Up to 30 Minerva Vessels

Boston-headquartered provider of ballast water treatment (BWT) solutions Ecochlor has signed a deal with Greek ...

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DP World, Port of Fujairah End Concession Deal

Dubai-based port operator DP World and the Port of Fujairah have reached an agreement to terminate the Fujairah ...

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FMC Commissioner to Run Port of Long Beach

The Long Beach Board of Harbor Commissioners has elected Federal Maritime Commission’s Mario Cordero for the ...

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APL Adds New North Asia-EC Australia Service

Singapore-based container shipping company APL intends to launch the China Australia Service 3 (CA3), a new weekly ...

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SDU Opposes Ports of Sweden’s New Union Policy

Employers’ organization Ports of Sweden (Sveriges Hamnar) has decided to adopt a new policy regarding ...

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