Readers’ Picks of the Week (Jun 29 – Jul 3)

Readers Picks

Samsung Heavy Lands USD 4.7 Billion FLNG Order from Shell South Korea’s Samsung Heavy Industries (SHI) has won a ...

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MSC Opera Finds New Home in Cuba

MSC Opera

Cruise line company MSC Cruises announced today that, starting in December 2015, its 2,120-guest MSC Opera will ...

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2015 on Track to Break Record in Dry Bulk Scrapping?

2015 on Track to Break Record in Dry Bulk Scrapping

The 2015 appears to be running on a path toward becoming another record year in the dry bulk demolition activity. ...

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California Approves Maritime Emissions Treatment System

California Approves Maritime Emissions Treatment System

Clean Air Engineering-Maritime (CAEM) has received California Air Resources Board (CARB) approval for the first ...

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G6 Adds Halifax to Asia Suez Express Service

G6 Adds Halifax to Asia Suez Express Service

The G6 shipping alliance has added a call to the UK Port of Halifax to their Asia Suez Express (AZX) service ...

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Container Equipment Prices Fall to Record Lows

APL Oakland CA Terminal

Low material costs and stable demand has driven the price of new container equipment down to record lows where it ...

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BP Agrees to Pay Record Environmental Fine

BP Agrees to Pay Record Environmental Fine

Five years on from the Deepwater Horizon accident and spill in 2010 that took 11 lives, oil major BP has reached ...

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Fredriksen Regroups

Chairman of Frontline Ltd. and Frontline 2012 Ltd., John Fredriksen

Oil tanker shipping company Frontline Ltd. and Frontline 2012 Ltd. have entered into an agreement and plan of ...

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GasLog Completes Methane Sisters Dropdown

GasLog Partners Completes Methane Sisters Dropdown

NYSE-listed liquefied natural gas (LNG) transporter GasLog Partners LP has completed the USD 483 million purchase ...

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First Valemax to Call at Chinese Port After Three-Year Ban

Valemaxes

China’s ban on very large ore carriers known as Valemaxes seems to have been officially lifted as the ...

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Port of Baltimore Welcomes Back Maersk Line

Bort of Baltimore Welcomes Back Maersk Line

Danish liner Maersk Line is returning to the Port of Baltimore after almost twenty years, Lt. Governor of Maryland, ...

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Confidence in Shipping Industry at Seven-Year Low

Confidence in Shipping Industry at Seven-Year Low

Overall confidence levels in the shipping industry fell during the three months to May 2015 to a level equal to the ...

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Hanjin, Hyundai and Yang Ming Launch Asia-WCSA Service

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

South Korean container line Hanjin Shipping is teaming up with compatriot Hyundai Merchant Marine and Taiwanese ...

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Shell’s Second Rig Departs for Alaska

Shell's Second Rig Departs for Alaska

The crew of Royal Dutch Shell’s second of two Arctic drilling rigs Noble Discoverer departed the Port of ...

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First Nations Slam Quebec Maritime Strategy

First Nations Slam Quebec Maritime Strategy

The Government of Quebec, Canada, has introduced a CAD 1.5 billion Quebec Maritime Strategy, to the delight of ...

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Teekay Offshore to Wrap Up USD 1.26bn Knarr FPSO Buy

Teekay Offshore to Wrap Up USD 1.26bn Knarr FPSO Buy

Teekay Offshore Partners L.P. will complete the acquisition of the Petrojarl Knarr floating production, storage and ...

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Lim Ki-tack Elected Next IMO Secretary-General

Lim Ki-tack Elected Next IMO Secretary-General

South Korea’s Lim Ki-tack has today been elected to be the next Secretary-General of the International ...

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Evergreen Names Penultimate Newbuilding

Evergreen Names Penultimate Newbuilding

Taiwanese shipping conglomerate Evergreen Group has held a naming ceremony for Ever Lovely, the ninth of its L-type ...

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South Brooklyn Marine Terminal Back in Business

South Brooklyn Marine Terminal Back in Business

The Port of New York and New Jersey’s South Brooklyn Marine Terminal in Sunset Park has officially been ...

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Port of L.A. to Prep Yusen Terminal for Bigger Ships

NYK Apollo at YTI Port of Los Angeles

The Port of Los Angeles will begin construction this summer on a two-year project to improve the marine container ...

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IMO, IOM Pledge Action on Dangerous Migration by Sea

IMO, IOM Pledge Action on Dangerous Migration by Sea

The heads of the International Maritime Organization (IMO) and the International Organization for Migration (IOM) ...

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Georgia Ports Set Monthly Volume Records

Georgia Ports Set Monthly Volume Records

The US East Coast ports of Savannah and Brunswick set all-time records for both container volumes and total tonnage ...

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ICS Worried over Protectionist US Approach to LNG Exports

ICS Worried over Protectionist US Approach to LNG Exports

The International Chamber of Shipping (ICS) has voiced serious concern about the potentially protectionist approach ...

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Carriers Jostling for Expanded Panama Canal Positions

Carriers Jostling for Expanded Panama Canal Positions

Carriers are rushing to start new Asia to US East Coast services ahead of the opening of the wider Panama ...

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Sevan Marine to Investigate Petrobras Corruption Claims

Sevan Marine's Piranema Spirit, currently under an 11+5 year charter with Petrobras.

The Oslo-listed offshore drilling company Sevan Marine ASA has launched an investigation following reports ...

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USA Bankrolls Panama Canal LNG Terminal Feasibility Study

USA Backs Panama Canal LNG Terminal Study

The US Trade and Development Agency awarded a grant to the Panama Canal Authority (ACP) to support the planning of ...

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Prince Rupert Port Boosts Its Green Wave Program

Prince Rupert Port Boosts Its Green Wave Program

Canada’s port of Prince Rupert is enhancing one of its programs that rewards positive environmental ...

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