US on Alert amid Ships Coming from Tianjin

US on Alert amid Ships Coming from Tianjin

The USCG and Customs and Border Protection (CBP) are monitoring vessel traffic and cargo departing the port complex ...

read more →

Latvian Shipping Company Selling Non-Core Assets

Latvian Shipping Company Selling Non-Core Assets

The solvency of LLC LASCO Investment, a subsidiary of JSC Latvian Shipping Company, has been fully restored after a ...

read more →

Legacy Ship Portfolio Still a Heavy Burden for HSH Nordbank

Legacy Ship Portfolio Still a Heavy Burden for HSH Nordbank

German lender HSH Nordbank is in talks with its government owners and the European Commission over long-running ...

read more →

HKND Group: Nicaragua Grand Canal Has Public Approval

Nicaragua Grand Canal Has Public Approval

China’s HKND Group said that a recent survey has shown that 78% of Nicaraguans support the USD 50 ...

read more →

MSC Boxship Towed after Losing Power off Spain

Big Boxship Towed after Losing Power off Spain

Spanish maritime salvage and rescue organisation Salvamento Maritimo was called in yesterday to tow the 9,400 TEU ...

read more →

UASC Boxship Catches Fire at Port of Hamburg

UASC Boxship Catches Fire at Port of Hamburg

Firefighting crews were called in to intervene today at the Port of Hamburg after one of the containers ...

read more →

Hutchison Ports and MUA Agree to Hash Over Wharfie Sackings

Hutchison Ports and MUA Agree to Hash Over Wharfie Sackings

Maritime Union of Australia (MUA) and stevedoring company Hutchison Ports Australia have agreed to return to the ...

read more →

CSCL’s 1H Profit Takes a Major Blow

CSCL's 1H Profit Takes a Major Blow

China Shipping Container Lines Company Limited (CSCL) has recorded a steep decline in profit recording 97.5 % fall ...

read more →

Spotted: Oak Spirit Starts Taking Shape at DSME

DSME Starts Building Teekay's 2nd LNG Ship

Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has laid the keel for Teekay’s second ...

read more →

Wan Hai Sets Up Outpost in Peru

Wan Hai Lines Peru S.A.C

Taiwanese container carrier Wan Hai Lines and Peru’s Transtotal Agencia Maritima have recently set up a joint ...

read more →

BW LPG Decides Not to Buy Dorian Stake

BW LPG Decides Not to Buy Dorian Stake

BW LPG Limited has decided not to exercise the option to purchase an equity interest in New York-listed liquefied ...

read more →

Cosco Pacific Increases Profit Despite Weaker Euro

Cosco Pacific Increases Profit Despite Weaker Euro

Hong Kong-based container terminal operator Cosco Pacific Limited, part of Cosco Group, saw a 5% dip in revenue ...

read more →

Finnlines Returns to Wartsila for More Scrubbers

Finnlines Returns to Wartsila for More Scrubbers

Finnish shipping company Finnlines Plc, part of the Grimaldi Group, has entered into a repeat order with Wärtsilä ...

read more →

Frontline CEO: Tanker Orderbook Is a Concern

Tanker Orderbook Is a Concern

The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new ...

read more →

NYK Ships First Cars from New Pipavav RoRo Terminal

NYK Ships First Cars from New Pipavav RoRo Terminal

The first consignment comprising 1,380 new Figo Aspire vehicles produced at a plant of Ford India in Sanand, ...

read more →

Erika Closes Virgin Islands and Puerto Rico Ports

Tropical Storm Erika Closes Virgin Islands and Puerto Rico Ports

The U.S. Coast Guard set Port Condition ZULU at midnight local time Wednesday for all the ports in the U.S. Virgin ...

read more →

Nigeria Bins Crude Oil Delivery Contracts

Nigeria Bins Crude Oil Delivery Contracts

The Nigerian National Petroleum Corporation (NNPC) has cancelled the contract for the delivery of crude oil to the ...

read more →

Odfjell Posts Best Quarterly Performance since 2008

Odfjell

Norwegian shipping and tank terminal company Odfjell said that it has posted the best quarterly operational ...

read more →

Petrobras Fuel Tank Blast Kills Two Workers

Vitória Terminal

Two workers were killed in an explosion on Wednesday, August 26, at a fuel-unloading terminal used by a unit of ...

read more →

Hunger Strike at APMT Mumbai Ends

APMT Mumbai

A hunger strike at Gateway Terminals India (GTI) Mumbai that lasted for 17 days has come to an end after management ...

read more →

Chartering of LNG Shipping Weakens Further in Q2

Q2 Marked by Weak Market for Chartering of LNG Shipping

The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in ...

read more →

Uni-Asia and Yamasa Team Up to Buy Four Bulkers

Uni-Asia and Yamasa Team Up to Buy Four Bulkers

Hong Kong-based ship owner and charterer Uni-Asia Holdings Limited has entered into four agreements with its ...

read more →

Golden Ocean Sinks Further into Red

Golden Ocean Sinks Further into Red

Norway based dry bulk shipping company Golden Ocean Group Limited (GOGL) posted a net loss of $33.5 million for the ...

read more →

Spotted: Sakhalin Enters 1K Club

The offloading of 1000th LNG cargo from Prigorodnoye port

Sakhalin Energy, the operator of Russia’s first LNG plant, offloaded the 1000th standard cargo of liquefied ...

read more →

G6 Starts Gothenburg Calls

G6 Starts Gothenburg Calls

The G6 alliance of container lines has started calling at Port of Gothenburg today through a new weekly direct ...

read more →

OOCL Names Its Latest Trans-Pacific Bound Boxship

OOCL Genoa

Hong Kong-based container shipping  company Orient Overseas Container Line (OOCL) has named its latest 8,888 TEU ...

read more →

Malaysia, Indonesia Forming Special Anti-Piracy Teams

Malaysia and Indonesia Forming Rapid Response Teams to Fight Piracy

Indonesia and Malaysia have agreed to form rapid response teams to tackle the growing number of hijackings and ...

read more →