Trump Kills Off TIGER in FY 2018 Budget Request

The U.S. president Donald Trump’s fiscal 2018 budget request calls for a reduction in financial support to most ...

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Höegh Giant Staying Busy ahead of Ghana Contract

Norway-based Höegh LNG has chartered out the recently delivered Höegh Giant to an unnamed trader for short-term ...

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Infographic: Norway as a Shipowning Nation

Ahead of the international maritime trade event Norshipping 2017 which will be held in Oslo from May 30 to June 2, ...

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Bulker Crewman Dies in Berthing Accident in Quebec

The Transportation Safety Board of Canada (TSB) has deployed a team of investigators to the Port of Trois-Rivières, ...

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Spotted: Sea Leviathan Visits Port of Los Angeles

CMA CGM George Washington, a newly built ultra large container vessel (ULCV) owned by French shipping giant CMA ...

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Scorpio Tankers to Merge with Navig8 Product Tankers

Monaco-based tanker owner Scorpio Tankers revealed it has entered into definitive agreements to merge with Marshall ...

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Tanker Headwinds Push Down SCF’s Q1 Profit

Tanker market’s slowdown has slashed SCF Group’s net profit to USD 39.9 million during the first ...

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Diana Shipping’s Net Loss Edges Down in Q1

Greek owner of dry bulk vessels Diana Shipping today reported a net loss of USD 26.5 million for the first quarter ...

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Carrier Reliability Drops in April amid Vessel Reshuffling

Carriers’ overall on-time and transit time reliability decreased in April as the great migration of vessels ...

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Essar Shipping Adds Panamax Bulker

Indian shipping corporation Essar Shipping Limited (ESL) has added to its fleet Mahavir, a Panamax bulk carrier.  ...

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OSC Goes Global with VLCC Chartering

Muscat-headquartered Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering ...

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Low Rates Lead Diana Containerships to 1Q Loss

Greek-based containership owner Diana Containerships widened its net loss in the first quarter of this year, ...

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India Steamship Sells Tanker Fleet to Centrofin

Tanker owner and operator India Steamship has sold its four strong LR2 tanker fleet to Greece’s Centrofin ...

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Odfjell Buys Handy Chemical Tanker

In line with its fleet renewal strategy, Norwegian shipping and tank terminal company Odfjell informed it has ...

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First EU-Built LNG Bunker Vessel Named

Coralius, the first European-built LNG bunker and distribution vessel, was named on Monday, May 22. The vessel was ...

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Navios Partners Closes 1Q in Red

Greek owner and operator of drybulk and container vessels Navios Maritime Partners suffered a net loss of USD 5.7 ...

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Svitzer Starts Building Moroccan Fleet

Svitzer, part of the Maersk Group, has ordered four ASD tugs from Sanmar Shipyards to service the recently awarded ...

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Jinhui Cuts Loss as Dry Bulk Freight Rates Rise

Hong Kong-based dry bulk specialist Jinhui Shipping and Transportation Limited recorded a net loss of USD 7.97 ...

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Global Cargo Fleet's OPEX Passes USD 100 Bn

Global ship operating expenses (OPEX) for the world’s cargo fleet have now breached USD 100 billion mark for the ...

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ICC: USD 1.6 Trn Gap in Global Trade Finance

There is a USD 1.6 trillion shortfall in trade finance globally, the International Chamber of Commerce (ICC) said ...

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GOGL Expands Fleet with Capesize Bulker

Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has taken delivery of another second-hand ...

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Svitzer Scoops Moroccan Bounty

Svitzer, part of the Maersk Group, has been awarded a 20-year concession to provide terminal towage services to the ...

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MPC Container Ships Starts a Shopping Spree

MPC Container Ships AS, the recently established subsidiary of MPC Capital AG, has acquired seven container ...

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DMA: New Project to Help Digitize Ship Registration Process

The Danish Maritime Authority (DMA) revealed it has launched a pilot project to shed light on the long-term ...

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GulfNav Reports 1Q Profit Surge

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) ended the first three months of 2017 with a 39 ...

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Autonomous Ships Set to Plough the Baltic by 2025

Representatives from marine and IT-industry have teamed up to enable fully remote controlled vessels in the Baltic ...

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WSS to Start Drone Deliveries to Ships

Norway-based ships agency services provider Wilhelmsen Ships Service (WSS) revealed plans to launch drone ...

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