DHT Holdings to Dispose of Oldest VLCC

As part of its fleet renewal strategy, the crude oil tanker company DHT Holdings has reached an agreement to sell ...

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BIMCO: Dry Bulk Industry's Road to Profitability

The dry bulk shipping industry remains well on target for profitable freight rates in 2019 if the projected fleet ...

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Seven Missing after Turkish Ship Sinks off Libya

At least seven seafarers are missing after their vessel, the Turkey-flagged cargo ship Tinaztepe S, sank off the ...

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G E Shipping Adds Suezmax Tanker

Mumbai-based Great Eastern Shipping Company (G E Shipping) has taken delivery of Jag Leena, a secondhand Suezmax ...

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Stricken BBC Shanghai Towed to Dock

The general cargo ship BBC Shanghai arrived at the port of East London’s dock earlier today after it suffered ...

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Princess Cruises to Revamp Caribbean Princess

Californian cruise line Princess Cruises, a part of Carnival Corporation, has unveiled a multi-million dollar plan ...

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Somali Pirates Release Aris 13 and Its Crew

The Somali pirates have freed the Comoros-flagged bunkering tanker Aris 13 and its crew, according to Oceans Beyond ...

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EU Parliament Calls on Arctic Drilling, Heavy Fuel Oil Ban

The European Parliament has voted today to pass its Resolution on the Arctic, calling on the ban of oil drilling in ...

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Kidnapped Vietnamese Seafarer Killed by Abu Sayyaf

A Vietnamese seafarer who was kidnapped on February 19th by Abu Sayyaf, an affiliate to the ISIS Islamic terror ...

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Gallery: Terntank Adds Fourth Dual-Fuel Chemical Tanker

Swedish tanker owner Terntank has taken delivery of the fourth and final chemical tanker with a dual-fuel ...

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Panama Canal Invests in Ship Scheduling Software

In response to growing ship traffic through the waterway, the Panama Canal intends to launch vessel scheduling and ...

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Five Hanjin Bulkers Sold for USD 125 Mn

Five bulk carriers, owned by the former South Korean shipping giant Hanjin Shipping, have been sold to multiple ...

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Norway Plans to Build World’s First Ship Tunnel

The construction of the world’s first full-scale ship tunnel in Norway could begin as early as next year as ...

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Japan's Orderbook Sees Slowest Decline Rate

Amid the current muted shipbuilding market the Japanese orderbook has shown its endurance and recently surpassed ...

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Diana Shipping Secures More Work for Panamax

Athens-based dry bulk shipowner Diana Shipping has extended the present time charter contract for one of its ...

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Aris 13 Hijackers, Somali Forces Clash in Puntland

Somalia’s maritime forces have exchanged gunfire with the pirates, who hijacked the Comoros-flagged bunkering ...

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Euronav's Profit Drops in Year of Two Contrasting Halves

Following a year of robust fundamentals and aggravated seasonal trading patterns, the Antwerp-based shipping ...

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South Korea to Recover Sewol Wreck in Early April

The wreck of the Sewol ferry, which sank almost three years ago with over 300 people on board, may emerge from the ...

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APL to Add New, Modify Existing Three Services

Singapore-based container shipping company APL plans to launch three new weekly services and revise its Latin ...

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Cargo Ship Suffers Engine Issue off Port St Johns

The 4,900 dwt general cargo vessel BBC Shanghai encountered engine troubles while it was sailing south of Port St ...

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2M, HMM Officially Launch Cooperation Deal

The heads of Maersk Line, Mediterranean Shipping Company (MSC) and Hyundai Merchant Marine (HMM) signed an ...

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Havyard Hired for Work on Celebrity Cruises' Ships

Saint-Nazaire-based shipbuilder STX France has hired Polish Havyard Production & Service (HPR) to carry out ...

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Nordic Tankers, V.Group Establish Ship Management Company

Danish chemical tanker owner Nordic Tankers Trading is about to create a new ship management company in partnership ...

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SHI Completes World's Largest Boxship

South Korean shipbuilding major Samsung Heavy Industries (SHI) held a naming ceremony today at its Geoje shipyard ...

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Navios Maritime Sets Sights on USD 100 Mn Offering

New York-listed owner and operator of container and dry bulk vessels Navios Maritime Partners agreed with investors ...

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UK Needs Frictionless Trade Deal with EU after Brexit

British Ports Association (BPA) has called for a frictionless trade agreement between the UK and EU following ...

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SM Group Chosen as Preferred Bidder to Take Over STX Corp

A consortium spearheaded by South Korea’s Samra Midas Group (SM Group) has been selected as the preferred ...

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