Aquarius MRE Project and Shipowner Prepare for Sea Trials

Japan-based Eco Marine Power (EMP) has started preparing for sea trials of its Aquarius Marine Renewable Energy ...

read more →

Panama Canal's Locks to Undergo Scheduled Repairs

The Panama Canal Authority (ACP) informed that the east lane of Miraflores Locks will be out of service for a ...

read more →

IMO's Emission Reduction Plan Makes 'Modest' Progress

The International Maritime Organisation’s (IMO) tentative step towards a plan to cut shipping’s climate ...

read more →

MBTL a Step Closer to Coal Export Terminal

Bulk materials port operator Millennium Bulk Terminals-Longview (MBTL) has obtained its first permit needed for the ...

read more →

Philly Shipyard Delivers Third Product Tanker to APT

US-based Philly Shipyard (PSI) has delivered the third of four product tankers that it is building for American ...

read more →

Diana Shipping Stays in Red

Athens-based dry bulk owner Diana Shipping has managed to slightly improve its financials by shrinking its net loss ...

read more →

ABS, Partners to Advance Autonomous Shipping

Houston-based classification society ABS has joined the Unmanned Cargo Ship Development Alliance to work with ...

read more →

Market Conditions Affect Navios Midstream's Results

Monaco-based owner and operator of tankers Navios Maritime Midstream Partners has seen its earnings drop in the ...

read more →

Diana Shipping's Vessel Grounds off Indonesia

The 76,436 dwt dry bulk vessel Melite has run aground off the coast of Pulau Laut, Indonesia, according to data ...

read more →

HMM Sees Surge in Asia-US West Coast Volumes

South Korean shipping major Hyundai Merchant Marine (HMM) saw a 77 percent surge in its Asia-US west coast (USWC) ...

read more →

Campbell Shipping Hires ISS for Husbandry Services

The Bahamas-based Campbell Shipping has entered into a global husbandry representation contract with Inchcape ...

read more →

CMPort to Develop Sri Lanka's Hambantota Port

State-owned China Merchants Port Holdings (CMPort) is set to invest up to USD 1.12 billion in the development, ...

read more →

OFE: Crude Tanker Market Faces Further Headwinds

Recent developments in the crude tanker market, such as the delay in the IMO Ballast Water Management Convention ...

read more →

ReCAAP, OCIMF to Jointly Fight against Piracy in Asia

Asia’s piracy watchdog ReCAAP and Oil Companies International Marine Forum (OCIMF) have signed a Memorandum ...

read more →

Costamare Secures Financing for Containership Duo

Greece-based containership owner Costamare has secured financing for two second hand vessels, the 4,957 TEU ...

read more →

K Line Gets Nod to Shed Heavy Lift Subsidiary

Japan’s shipping firm Kawasaki Kisen Kaisha (K Line) has received board approval to dispose of its subsidiary ...

read more →

Consortium Inks Kribi Container Terminal Concession Deal

A consortium, comprising French and Chinese companies, officially signed a concession agreement for the container ...

read more →

Samskip to Expand Norway Presence with Nor Lines Takeover

Rotterdam’s transportation firm Samskip plans to acquire activities associated with Norwegian shipping and ...

read more →

ABS Classes US-Built Liquefied Gas Barge

US-based classification society ABS has classed the Harvest, an articulated tug barge (ATB) purpose-built to ...

read more →

2M Partners Divert Ships from APMTR

Danish container shipping giant Maersk Line and its 2M partner MSC are diverting four boxships from their joint ...

read more →

Drewry: FSRUs More Profitable than LNG Carriers

Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current ...

read more →

Interview: Owners Lack Trust in BWMS Technical Capability

As the entrance into force of the Ballast Water Management Convention (BWMC) approaches, the industry’s ...

read more →

Diana Containerships Bounces Back to Profit

Athens-based shipowner Diana Containerships has managed to return to black during the second quarter of the year as ...

read more →

Newbuilding Orders Plunge in H1 2017

Although newbuilding orders for tanker and bulkers increased during the first half of 2017, the overall number of ...

read more →

ULCVs to Almost Double Capacity on Asia-North Europe by 2018

Additional phasing in of ultra-large container vessels (ULCV)– with a nominal capacity in excess of 18,000 ...

read more →

Carrier Reliability Continues Growing

Carriers’ overall on-time and transit time reliability improved by 6.8%, increasing from 63.3% in May 2017 to 70.1% ...

read more →

Tufton Oceanic Tied to Purchase of Seven Boxships

UK-based shipowner Tufton Oceanic has reportedly reached an agreement to buy seven Sub-Panamax containerships from ...

read more →