ABS Issues Cyber Safety Notation for Marine Industries

As the focus on cyber safety is rising, the classification provider ABS has issued its first notation for the ABS ...

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Bunker Fuel Prices Affect Matson's Earnings

US-based container carrier Matson reported a net income of USD 19.4 million in the fourth quarter of 2016, down ...

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United Journey Tanker Released after 2-Month Arrest

Operator of offshore support vessels Toisa Ltd. has regained control of its crude oil tanker United Journey which ...

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BC Ferries' Salish Eagle Makes 1st Stop on Its Way Home

Salish Eagle, the second of BC Ferries’ three new liquefied natural gas (LNG)-powered Salish Class ...

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Alphaliner: Huge Debts Left after Hanjin Demise

Following Hanjin Shipping’s bankruptcy, the rate of debt recovery for unsecured creditors is expected to be ...

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LR2s to Reap the Fruits from 0.5 Pct Sulphur Cap

Clean product tankers are likely to benefit from the implementation of the global 0.5% sulphur emissions cap as of ...

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DryShips Sails Back into Tanker Market

Greek owner of drybulk carriers DryShips Inc. has decided to re-enter the tanker shipping market as it agreed to ...

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Maersk to Get Decision on Hamburg Süd Deal by March 27

Danish shipping giant Maersk Line is scheduled to receive the EU antitrust regulator’s decision on the ...

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Six More Carriers to Start Calling at German Wilhelmshaven

Six more container shipping lines will start calling at Germany’s only deep water port, Wilhelmshaven, from ...

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Margrethe Maersk Becomes Largest Ship to Call Vietnam

Margrethe Maersk, an ultra large container vessel (ULCV) owned by Danish shipping giant Maersk Line, called at the ...

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Offen Group, DEVK Lend a Hand to Marenave

Hamburg-based shipping trust Marenave Schiffahrts has reached an investment agreement with Offen Group and ...

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New Carrier SM Shipping Starts First Service in March

SM Shipping, a new container carrier established by South Korea’s Samra Midas (SM) Group after the group ...

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Libyan Militants Release Car Carrier Morning Compass

After Libyan militants seized the car carrier Morning Compass, the vessel was released from captivity on February ...

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China Punishes 14 Carriers for Not Reporting Freight Tariffs

China’s Ministry of Transport has fined 14 international container shipping companies because they either ...

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Eimskip's Nor Lines Purchase Hits a Hurdle

Reykjavik-based shipping company Eimskip has received a notice of objection from the Norwegian Competition ...

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US Coast Guard Medevacs Master from Tanker

A vessel master suffering from chest pains aboard the 2011-built chemical tanker FPMC 28 was medevaced on February ...

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Euro Ferry Industry on a 4-Year Hot Streak

The number of cars carried by ferries increased by 1.7% from 8.6 million in 2015 to nearly 8.8 million in 2016, ...

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Bahri Expands Presence in India

National Shipping Company of Saudi Arabia (Bahri) has opened a new office in Mumbai to strengthen its presence in ...

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K Line Unit Becomes Part of Indian Shipowners' Association

A subsidiary of Japan’s shipping company Kawasaki Kisen Kaisha, K Line (India) Shipping Private (KLISP), ...

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Shell: Bright Outlook for LNG Trade

By 2020, the size of global LNG trade is projected to grow by 50% compared to volumes in 2014, driven particularly ...

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Pirates Kill One, Abduct Six Off Philippines

Pirates killed one and abducted six sailors of a Vietnam-flagged ship in an attack off the southern Philippines on ...

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Boluda Buys German Towage Operators

Spain’s Boluda Corporación Marítima has acquired the German towing company URAG and its subsidiaries URAG ...

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Clarksons: 2016 Busy Year for Scrapping

2016 was a busy year for global ship recycling, especially when it comes to boxships and bulkers. What is more, ...

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Nakilat's Long-Term Deals Secure Its Yearly Profit

Despite the challenging market conditions Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) ...

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Report: EUKOR Car Carrier Stopped by Libyan Forces

The 2013-built car carrier Morning Compass has been seized by Libyan militants and escorted to the country’s ...

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1st Australian Commercial LNG Bunkering Completed

Wesfarmers’ EVOL LNG has carried out the first Australian commercial LNG bunkering operation, the company said. ...

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Yang Ming Eyes Fresh Funds

Taiwanese container shipping company Yang Ming Marine Transport Corporation (Yang Ming) is looking to raise some ...

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