Scorpio Tankers Secures Funding for 8 Newbuildings

NYSE-listed Scorpio Tankers has received commitments for a loan facility of up to USD 172 million from a group of ...

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Report: Yang Ming Quashes Merger Talks

Hanjin, Hyundai and Yang Ming Launch Asia-Latin America Service

Taiwanese ocean carrier Yang Ming Marine Transport has dismissed any possibility of a potential merger as the ...

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ISS Inks US Port Agency Deal with Team Tankers

UK-based maritime services provider Inchcape Shipping Services (ISS) has signed a new port agency contract with ...

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Aurora LPG Bows Out

Aurora LPG has become a fully owned and integrated subsidiary of the Singapore-based BW LPG, with all nine of the ...

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Minsheng Orders RoRo Quartet from Chongqing Chuandong

China’s Minsheng Shipping ordered four roll-on/roll-off (RoRo) vessels from its compatriot shipbuilder ...

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RoPax Ferry Catches Fire off Isle of Wight

A car and passenger ferry operating between UK mainland and the Isle of Wight caught fire in the morning hours of ...

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Report: US Court Approves Sale of Hanjin’s Stake in TTI

The US Bankruptcy Court has approved the USD 78 million sale of Hanjin Shipping’s stake in terminal operator ...

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P&O Ferries Marks 5-Year Volume High on Larne-Cairnryan

P&O Ferries has handled the highest volume of freight in five years on its Larne-Cairnryan service in 2016. The ...

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Green Discount Initiative Takes Root at Port of Gothenburg

One in three vessels that called at Sweden’s Port of Gothenburg in 2016 were classified as green according to ...

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Ice Traps Four-Vessel Convoy off Chukotka

A convoy of four vessels, two bulk carriers and two icebreakers, is trapped by ice off the coast of Chukotka ...

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UK Detains One Foreign Flagged Vessel in December

Maritime and Coastguard Agency (MCA) has informed that one new vessel was detained in a UK port during December ...

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Update: Alliance St. Louis Heads to Port Arthur

The vehicle carrier Alliance St. Louis, which suffered an engine room fire some 150 miles south of Southwest Pass, ...

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Diana Shipping Finds Work for Two Bulkers

Athens-based dry bulk specialist Diana Shipping has, through separate wholly-owned subsidiaries, entered into time ...

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Former DSME CEO Sentenced to 10 Years over Accounting Fraud

Ko Jae-ho, the former head of the ailing South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering ...

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Cosco Dalian Hands Over Salvage Vessel, Bulker

Cosco Corporation’s subsidiary from China, Cosco (Dalian) Shipyard, has delivered a salvage lifting vessel ...

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Secondhand Aframax Joins G E Shipping’s Fleet

Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of a secondhand Aframax crude carrier from an ...

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MISC Kicks Off FSO Benchamas 2 Conversion Project

MISC Berhad, a subsidiary of Petronas, has marked the start of the floating, storage and offloading (FSO) Benchamas ...

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Navios Partners Completes Sale of MSC Cristina

US-headquartered dry bulk shipping company Navios Maritime Partners revealed it has completed the sale of MSC ...

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US DOJ Slaps Polluters with Over USD 363Mn in Fines in 2016

The US Department of Justice’s Environment and Natural Resources Division imposed criminal penalties to the amount ...

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Hong Kong Marks First Sub-20 Million TEU Year Since 2002

Annual container volumes at the Port of Hong Kong have fallen below 20 million TEU for the first time in thirteen ...

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Bulker Halts Traffic in Elbe River

A Capesize bulk carrier blocked vessel traffic in the Elbe River, Germany, after it suffered an engine damage in ...

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1 Dead, 6 Missing After 2 Cargo Ships Sink off Philippines

One crewman died and six have been reported as missing following the sinking of two cargo vessels off the ...

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Update: Vessel Traffic Partially Resumes at Izmit Bay

Vessel traffic has resumed at Izmit Bay in Turkey for some terminals only and other areas remain restricted, ...

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Honduran Puerto Cortes Terminal Set For Expansion Works

Operadura Portuaria Centroamericana SA de CV (OPC), a subsidiary of International Container Terminal Services, Inc. ...

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Höegh LNG Firms FSRU Orders in South Korea

Norway-based owner and operator of floating liquefied natural gas (LNG) import terminals Höegh LNG Holdings has ...

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TCC Group Takes Delivery of Tanker Newbuilding Duo

Hong Kong-based shipowner Tai Chong Cheang Steamship Group (TCC Group) has taken delivery of two Aframax tanker ...

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OOCL Owners Waiting For the Offer They Can't Refuse

The share price of Orient Overseas (International) Limited (OOIL), parent company of the container carrier Orient ...

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