ISWAN: Nigerian Court Orders Release of Nine Asteris Crew

Image Courtesy: ISWAN

A court in Nigeria has ordered the release of nine seafarers that were held in the country since the arrest of ...

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Dutch Firm to Right Modern Express

Image Courtesy: Rotterdam Port Connector

The ill-fated car carrier Modern Express could soon be righted as the Dutch Koninklijke Roeiers Vereeniging ...

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Fitch: US Ports Not Ready for Container Weighing

Image Courtesy: Stinis

US ports, rated by Fitch Ratings, have neither designated facilities for weighing containers nor the systems for ...

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FMC to Hold Hearing on Container Weighing

Port of LA

The US Federal Maritime Commission is scheduled to host a public hearing on the amendments to the International ...

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VIDEO: 12 Tug Boats Refloat CSCL Indian Ocean

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It is not every day that a mega containership such as CSCL Indian Ocean gets stranded. Therefore, in order to pull ...

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Brisbane Port One Step Closer to Mega Ship Cruise Facility

Image Courtesy: Port of Brisbane

The Australian port of Brisbane has received Stage 1 approval from the Queensland Government for a AUD 100 million ...

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Newbuildings Turn Up the Heat on Chemical Shipping Rates

Image Courtesy: Seatrans

Chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure ...

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DFDS Wraps Up Record Year, Expects Higher Revenue in 2016

Image Courtesy: DFDS

Danish shipping and logistics company DFDS posted a profit of DKK 1.07bn (USD 151m), up by 89pct when compared to ...

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Maersk Sets Sights on Upgrading Alang Recycling Yards

Image Courtesy: Counterview

Danish shipping and energy conglomerate Maersk Group wants to help ship recycling yards in Alang, India to upgrade ...

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NTSB to Launch Second Search for El Faro’s VDR

Image Courtesy: NTSB

The US National Transportation Safety Board said on Thursday that it would launch a second expedition to search ...

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ITF Accuses Alcoa of Further Shipping Exploitation

Image Courtesy: MUA

The Australian Office of the Fair Work Ombudsman has received a formal complaint from the International Transport ...

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Port of Los Angeles Gets Busy in January

Image Courtesy: Port of Los Angeles

Californian port of Los Angeles has seen its busiest January in its 109-year history as the port handled 704,398 ...

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Hyundai Heavy Wins First Order in 2016

Image Courtesy: HHI

South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) has signed an agreement to build two 158,000 ...

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Rosneft, Pietro Barbaro Eye Tanker Shipping JV

Image Courtesy: Pietro Barbaro

Russia’s oil major Rosneft and Italy’s Pietro Barbaro S.p.A. have signed a Memorandum of Understanding ...

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Wilh. Wilhelmsen Spins Off Den Norske Amerikalinje

Image Courtesy: Wilh. Wilhelmsen

Norwegian rolling cargo shipping specialist Wilh. Wilhelmsen Holding (WWH) has opted for restructuring the company ...

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Green Light for New Zealand's Coastal Navigation Safety

Image Courtesy: Rena Project

Ahead of the anticipated increase in the number of ships visiting New Zealand and a trend to ever bigger ships, ...

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Court Clears BG-Shell Merger

Court Clears BG-Shell Merger

The High Court of Justice in England and Wales has today sanctioned the scheme of arrangement between the Royal ...

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No Reason for Trade Restrictions amid Zika Outbreak

Image Courtesy: Pref. Pereira Barreto / SP

There is no justification for restrictions on travel or trade due to the outbreak of the Zika virus, the ...

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Container Shipping Giants to Settle with EU Commission

Image Courtesy: WSC

Container shipping companies that are being investigated by the European Commission over a suspected breach of ...

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Maersk Line Readies for Much Lower Results in 2016

Maersk Line CEO, Søren Skou; Image Courtesy: Maersk Line

Maersk Line expects a significantly lower underlying result for 2016 compared to 2015 as the container shipping ...

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APM Terminals’ Earnings Plunge in 2015

Image Courtesy: APM Terminals

Netherlands-based container terminal operator APM Terminals, part of Maersk Group, has seen its profit drop to USD ...

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Damaged Anthem of the Seas Arrives to Cape Liberty

Image Courtesy: RCL

The storm-damaged Royal Caribbean cruise ship Anthem of the Seas returned to Cape Liberty, New ...

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Safe Bulkers Sells Bulker Trio to Boost Liquidity

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Greece-based dry bulk shipowner Safe Bulkers has sold two Panamx vessels to entities controlled by Polys ...

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Volumes Continue to Grow at Port of Long Beach

Image Courtesy: Port of Long Beach

The second-busiest container port in the United States, Port of Long Beach, has logged its seventh straight month ...

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Golar LNG Partners to Buy FSRU Golar Tundra for USD 330 Mln

Image Courtesy: Golar LNG

Golar LNG Partners LP has entered into an agreement with Golar LNG Limited to buy its 170,000 cbm floating storage ...

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Odfjell Cuts Net Loss, Continues Talks on Delayed Deliveries

Image Courtesy: Odfjell

Bergen-based shipping and tank terminal company Odfjell has reported a drop in 2015 net loss to USD 36 million, ...

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Spotted: Celestyal Olympia Awaits Facelift in Turkey

Image Courtesy: Besiktas Shipyard

Celestyal Olympia, a cruise ship owned by Cyprus-based cruise line Celestyal Cruises, has arrived at the Turkish ...

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