Korean Vessel Listing after Fire at Port of Cape Town

A fire that broke out on board a Korean fishing vessel at the port of Cape Town on February 18 has been put under ...

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GulfNav Settles VLCC Dispute

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has reached a final settlement with three ...

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Iraq About to Invest in Large Tanker Fleet

Iraq has set sights on creating a large fleet of modern oil tankers to transport the country’s crude, Reuters ...

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HMM Eyes Stake in Two More Hanjin Terminals

South Korean shipping company Hyundai Merchant Marine has signed a deal with Hanjin Shipping and Marine Terminals ...

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KNOT Shuttle Tankers to Buy Tordis Knutsen

KNOT Shuttle Tankers AS, a subsidiary of KNOT Offshore Partners, has entered into a share purchase agreement to ...

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Viking Line to Bolster Helsinki-Tallinn Route

Finnish ferry company Viking Line has decided to strengthen its Helsinki-Tallinn route as the company will add a ...

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Ruptured Containership Towed to Danish Repair Yard

The 22,506 dwt containership Victoria is being towed for repairs at the Danish Fayard ship repair facility after it ...

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Euroseas Triples Its Full Year Loss

Athens-based shipping firm Euroseas has seen its net loss for the year ended December 31, 2016 widen to USD 45.9 ...

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New Zealand to Improve Seafarers' Onboard Conditions

In an effort to protect domestic and international seafarers and improve their safety and wellbeing onboard New ...

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Hanjin Shipping Officially Declared Bankrupt

The former South Korean shipping giant Hanjin Shipping was officially declared bankrupt by the Seoul Central ...

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Solvang to Order up to Four Ethylene Carriers

Norwegian transporter of LPG and petrochemical gases Solvang Shipping has signed a Letter of Intent (LOI) for the ...

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Flex LNG Sets Sights on LNG Carrier Duo at DSME

John Fredriksen-controlled Flex LNG said it was contemplating the acquisition of shipbuilding contracts for two ...

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Rickmers Maritime's Survival Hanging on Debt Restructuring

Rickmers Maritime might be forced to wind up its business if its efforts to refinance its bank loans are ...

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USCG Ends Search for Carnival Elation Passenger

The search for the passenger who went overboard from the cruise ship Carnival Elation on February 13 was suspended ...

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Fincantieri Holds Keel Laying for Viking Spirit

Italian shipbuilder Fincantieri held a keel laying ceremony for Viking Spirit, the fifth of six cruise ships ...

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Report: Bangladesh Shipping Corp Orders LNG Carrier Duo

The state-owned Bangladesh Shipping Corporation (BSC) has placed on order for the construction of two liquefied ...

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NCL Returns to Fincantieri for Four New Cruise Ships

Norwegian Cruise Line Holdings has reached an agreement with Italian shipbuilder Fincantieri for the construction ...

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ICS, ESPO against Inclusion of Shipping in EU ETS

After the European Parliament voted to include CO2 emissions from shipping in the EU Emission Trading Scheme (ETS), ...

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Baleària Unveils EUR 450 Mn Ship and Terminal Investment

Spanish ferry operator Baleària has developed a plan to invest up to EUR 450 million (USD 478.4 million) into new ...

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APL Austria's Fire Extinguished, Inspection Begins

The fire that raged for days on board the APL Austria docked at the port of Ngqurha near Port Elizabeth has finally ...

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Odfjell Returns to Profit, Bullish on 2017

In spite of challenging markets, Norwegian shipping and tank terminal company Odfjell swung out of a loss to a ...

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Diana Extends Capesize Charter Deal

Greek dry bulk shipowner Diana Shipping has agreed to extend the present time charter contract with Geneva-based ...

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Drewry: LPG Shipping Rates to Fall Further in 2017

Although the liquefied petroleum gas (LPG) shipping trade is expected to continue growing on the back of strong ...

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Navios Partners Sees Red Ink, Eyes USD 400 Mn Loan

Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has plunged into red as it ...

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MSI: Port Stocks and Politics to Determine Dry Bulk Fortunes

Although the bulk carrier markets began 2017 in reasonably robust form, Maritime Strategies International (MSI) has ...

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Pirates Release Eight Iranian Crew from Captivity

Eight Iranian seafarers have been released by Somali pirates after being held in captivity since May 2016, ...

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