Trio Signs Deal to Design Star Cruises' Mega Passenger Ship

Image Courtesy: Elomatic

A large scale tri-party engineering contract for the design of a Global Class mega passenger ship, to be built for ...

read more →

Drewry: LNG Market Will Need More Vessels

Image Courtesy: MOL

Despite the current weakness in liquefied natural gas (LNG) shipping rates, the market will require more LNG ...

read more →

Japan's Big Three Slash Full Year Outlook

Image Courtesy: NYK Line

Due to the persistent weakness in freight rates, Japan’s big three shipping companies Nippon Yusen Kabushiki ...

read more →

Canada to Assess Wreck of 1985-Sunken MV Manolis L

Image Courtesy: Fisheries and Oceans Canada

The wreck of the general cargo vessel MV Manolis L, that ran aground and sank in Notre Dame Bay, Newfoundland and ...

read more →

Dorian LPG Slips into Loss

Image Courtesy: Dorian LPG

US-based owner and operator of very large gas carriers (VLGCs) Dorian LPG posted a net loss of USD 1.3 million for ...

read more →

BC Ferries' Queen of Burnaby Back in Service

Image Courtesy: BC Ferries

Canadian ferry operator BC Ferries has completed the required repairs to the propeller hub of its ferry, the Queen ...

read more →

CMA CGM Sets Up Bengal Bay Express Service

Image Courtesy: CMA CGM

French container shipping major CMA CGM has launched Bengal Bay Express, a new direct service connecting Thailand, ...

read more →

Diana Shipping Delivers Wider Loss

Image Courtesy: Diana Shipping

As the activities in the dry bulk shipping industry remained slow, the Greek dry bulk ship owner Diana Shipping ...

read more →

Newbuilds Drive Gener8 Maritime's Profit Increase

Image Courtesy: Gener8

Crude oil shipping company Gener8 Maritime recorded a 91% increase in its quarterly net income to USD 38 ...

read more →

Termination of Suezmax JVs Affects Euronav's Profits

Image Courtesy: Euronav

Antwerp-based tanker owner and operator Euronav NV has recorded its first half of 2016 earnings at USD 153.7 ...

read more →

MAIB: Number of Ship Accidents Drops in 2015

Image Courtesy: MAIB

The number of accidents reported to the UK’s Marine Accident Investigation Branch (MAIB) dropped to 1,057 ...

read more →

Moore Stephens: Shipping to Disclose or Risk Being Exposed

Image Courtesy: WSC

The shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to ...

read more →

Another Service Cut from Far East - North America Trade

Image Courtesy: Hapag-Lloyd

This year’s weak market conditions in the Far East – North America transpacific trade have claimed another ...

read more →

Scorpio Bulkers Sees Decrease in Net Loss

Image Courtesy: Scorpio Bulkers

NYSE-listed dry bulk owner and operator Scorpio Bulkers has reported its net loss for the second quarter of 2016 at ...

read more →

APL to Enhance Its Asia-Europe Trade with FEX

Image Courtesy: APL

Singapore-based container shipping company APL is planning to launch Felixstowe Express Service (FEX), a new weekly ...

read more →

Costamare Secures Financing for Two New Boxships

Image Courtesy: MSC

During the second quarter of 2016, the Athens-based containership owner Costamare Inc. secured USD 88 million of ...

read more →

Interview: LNG Could Solve Emissions Issue in EU Ports


A new regulation requiring the gross mass of a container to be verified before it is loaded onto a ship, which ...

read more →

Oil Spills from VLOC Berge Bureya in Strait of Malacca

Image Courtesy: Malaysian Maritime Enforcement Agency

The Very Large Ore Carrier (VLOC) Berge Bureya took part in an oil spill incident off Malaysia in the Malacca ...

read more →

Diana Containerships Cuts Quarterly Dividend

Image Courtesy: Diana Containerships

Based on the current container vessel charter market, Athens-based shipping company Diana Containerships Inc. made ...

read more →

Panamax Bulker Runs Aground near Campana Port, Argentina

Illustration; Image Courtesy: USCG

The navigation through the Parana River, Argentina, was briefly obstructed as a Panama-flagged bulk carrier Amadeus ...

read more →

Salvors Switch MV Benita's Towline Connection

Image Courtesy: Youtube/l'express

As the bulk carrier MV Benita settled deeper into the water while being towed to the Indian coast, the salvors ...

read more →

ClassNK Sets Minimum Requirements for ULCVs

Image Courtesy: BSM

Brittle crack arrest steel plates with a thickness of 100mm used in ultra-large container vessels (ULCVs) must have ...

read more →

China Navigation Secures Remote Monitoring for Its Fleet

Image Courtesy: China Navigation Company

The China Navigation Company (CNCo), a deep sea ship owning and operating arm of the Swire group, has inked a ...

read more →

South Asian Demolition Bounces Back with Rise in Prices

Image Courtesy: NGO Shipbreaking Platform

South Asian ship recycling market has experienced increased activity on the sales front last week, which was ...

read more →

Robbers Carry Out Another Boarding in Indonesian Anchorage

Image Courtesy: Interpol

Another anchored bulk carrier was boarded by robbers on July 24, as three culprits climbed aboard the ship which ...

read more →

ILO: MLC Changes to Protect Seafarers against Desertion

Image Courtesy: Danny Cornelissen/Nautilus International

International Labour Organization (ILO) member states have confirmed the amendments to the Maritime Labour ...

read more →

Bahri's Fleet Expansion Bears Fruit

Image Courtesy: Bahri

National Shipping Company of Saudi Arabia (Bahri) has seen a surge of 47.2 percent in its net profit for the second ...

read more →