Drewry: China Slowdown Hurting Container Volumes

China Slowdown Hurting Container Volumes

The risks from a slowdown in Chinese consumption to container shipping are far smaller than for the dry bulk ...

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Body Found on Ferry Ablaze off Hokkaido

Body Found on Ferry Ablaze off Hokkaido

Japan Coast Guard has found a body inside the ferry Sunflower Daisetsu, presumed to be the 44-year-old Kunihiko ...

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Donggi Senoro LNG Project Ships First Cargo

Donggi Senoro LNG Project Ships First Cargo

The first liquefied natural gas (LNG) cargo from Indonesia’s USD 2.9 billion Donggi Senoro LNG Project ...

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Boxships Collide in Port Klang

Boxships Collide in Port Klang

Two container ships collided while one of the vessels was performing berthing maneuvers in Westport harbor at Port ...

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DP World Fights Off 750% Rent Hike at Port of Melbourne

DP World Blocks 750 Rent Hike at Port of Melbourne

Dubai-based port operator DP World has managed to negotiate a new 50-year tenure deal at the Port of Melbourne at a ...

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Nantong Tongbao Nabs Order for Eight Chemical Tankers

Nantong Tongbao Nabs Order for Eight Chemical Tankers

China’s Nantong Tongbao Shipbuilding has signed agreements with Shanghai Dingheng Shipping and Xiamen Xiangyu ...

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Amur River Starts Sakhalin-2 Gig

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The LNG carrier Amur River, operated by Russia’s Sakhalin Energy Investment Company, departed on his first ...

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Koole Terminals Expands Operations in Port of Rotterdam

Koole Terminals Expands Operations in Port of Rotterdam

Dutch storage company Koole Terminals has started operating the storage terminal for petrol and diesel in Pernis, ...

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BG Group Starts Up Sixth FPSO in Santos Basin, Brazil

BG Group Starts Up Sixth FPSO in Santos Basin, Brazil

British multinational oil and gas major BG Group has reported first oil from the Cidade de Itaguaí floating, ...

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Livestock Carrier Catches Fire off Crete

Livestock Carrier Catches Fire off Crete

A livestock carrier caught fire on August 1 off the Greek island of Crete while en route from Lebanon to ...

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Readers’ Picks of the Week (27-31 of July)

Readers' Picks of the Week (27-31 of July)

Egypt Says New Suez Canal Ready for Business New Suez Canal is completed and ready to officially receive its first ...

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TEN Ends Best Second Quarter in Years with a Bang

TEN Ends Best Second Quarter in Years with a Bang

Athens-based owner and operator of tankers and LNG carriers Tsakos Energy Navigation (TEN) has wrapped up its best ...

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Two High Speed Ferries Collide in Piraeus, Greece

Two High Speed Ferries Collide in Piraeus, Greece

Two high speed ferries collided while sailing out of Piraeus port, Greece on July 30, the Hellenic Coast Guard ...

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Law on Lifting US Oil Export Ban Heads to Senate Floor

U.S. Sen. Lisa Murkowski,

The U.S. Senate Energy Committee passed a bill aimed at lifting the ban on exporting domestic crude oil production. ...

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Cosco Slides to Loss

Cosco Slides to Loss

Singapore-based Cosco Corporation Limited, an investment holding company engaged in ship building, marine ...

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Japanese Shipping Heavy Hitters Post Improved Results

Japan's Shipping Heavy Hitters Post Improved Quarterly Results

Three largest Japanese shipping companies – Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) and Kawasaki ...

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Ondimar Firms Order for Suezmax Quartet at Navantia

Ondimar Seals Order for Suezmax Quartet at Navantia

Spanish shipbuilder Navantia has inked a deal with its compatriot shipping company Ondimar Transportes Marítimos ...

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Wallenius Wilhelmsen Admits to Price Fixing in Africa

Wallenius Wilhelmsen Settles on Price Fixing

South African Competition Commission said that it has reached a settlement agreement with Norwegian shipping ...

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Argus: Bigger Suez Does Not Guarantee Increased Traffic

Bigger Suez Canal Does Not Guarantee Increased Traffic

It is yet unclear whether the New Suez Canal will spur more traffic or better accommodate the major rise in ...

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Yinson Takes Majority Stake in Premuda’s FPSO

Yinson Takes Majority Stake in Premuda's FPSO

Malaysian Yinson Holdings Berhad and Italy’s Premuda S.P.A. have, through two of their wholly-owned ...

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Stena Line Objects to State Aid for Undersea Fehmarn Tunnel

Stena Line1

Ferry operator Stena Line believes that the European Commission’s tacit approval of public financing of the Fehmarn ...

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Canada Invests in Arctic Shipping Safety

Canada Invests in Arctic Shipping Safety1

The Government of Canada revealed plans to invest $22.7 million over five years on a cash basis to improve the ...

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Matson Borrows More

Matson Loans More

U.S. shipping company Matson Inc. plans to issue USD 75 million of 30-year senior unsecured notes, as well as to ...

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Safe Bulkers Sinks Further into Red

Safe Bulkers Sinks Further into Red

Monaco-based dry bulk specialist Safe Bulkers reported USD 4.4 million net loss for the second quarter of 2015, ...

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SHI Cuts Steel for SCF’s Third Arctic Shuttle Tanker

SHI Cuts Steel for SCF's Third Arctic Shuttle Tanker

Korean shipyard Samsung Heavy Industries (SHI) held a steel cutting ceremony for the third ship ordered by Russian ...

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LR to Certify Small Commercial Ships in the Carribean

LR First to Certify Small Commercial Ships in the Carribean

Lloyd’s Register (LR) has become the first classification society to certify small commercial ships operating ...

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VIDEO: Countdown Begins for MSC Zoe’s Christening

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The Mediterranean Shipping Company (MSC), the world’s second largest container line, is about to christen the ...

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