Paris MoU Bans Two

M/V Andrey Osipov

The Paris Memorandum of Understanding (MoU), acting on behalf of 27 participating maritime administrations, has ...

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2M Cleared for Middle East-US Deployment

2M Cleared for Middle East-US Deployment

The vessel sharing alliance between Maersk Line, part of Denmark’s A.P. Moller-Maersk, and Swiss firm Mediterranean ...

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BG Confirms Brazil’s Final Merger Clearance

BG Confirms Brazil's Final Merger Clearance

British multinational oil and gas major BG Group plc has confirmed that the recommended cash and share offer for ...

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Construction Start of Nicaragua Canal's Main Works on Track

Nicaragua Canal's Main Construction Work on Schedule

The preparation for the main construction work on the USD 50 billion Nicaragua canal is advancing on schedule and ...

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Spotted: BPT Joins a Seven-Figure Club

BPT Joins a Seven-Figure Club

Santos-based container terminal Brasil Terminal Portuário (BTP) handled container number 1 million on its quay ...

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NAT Buys Suezmax Duo

Herbjørn Hansson, NAT’s Chairman & CEO

Nordic American Tankers Limited (NAT) said that it has agreed to acquire two Far East built Suezmax tankers at an ...

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Carnival Settles on ADA Compliance

CARNIVAL CONQUEST

The United States Justice Department and cruise liner giant Carnival Corp. have reached a comprehensive, landmark ...

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Readers’ Picks of the Week (20-24 of Jul)

Readers’-Picks

Fire aboard Freedom of the Seas A fire broke out in a mechanical space on board Royal Caribbean’s cruise ship ...

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US Blacklists Singapore's Senat Shipping

Dawnlight-owned by Senat

The U.S. Department of the Treasury has blacklisted Singapore-based Senat Shipping Company (Senat) for its ...

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K Line Settles on Alleged Price-Fixing Scheme

K Line Settles on Alleged Price-Fixing Scheme

Japan’s shipping company Kawasaki Kisen Kaisha Ltd (K-Line) has reached a settlement with attorneys ...

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Scorpio Tankers Offloads Remaining Dorian Stake

Scorpio Tankers Offloads Remaining Dorian Stake

Scorpio Tankers Inc. has entered into a deal to sell 3,392,083 common shares of Dorian LPG Ltd., owner and operator ...

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Drewry: Carriers Keep Upwards Reliability Trend

Maersk

Container service reliability made another steady improvement in June with the aggregate on-time performance for ...

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New Shore Power Facilities at Port Metro Vancouver

Port Metro Vancouver

The Government of Canada and Port Metro Vancouver have allocated funding for the installation of shore power ...

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Fire aboard Freedom of the Seas

Fire Aboard Freedom of the Seas

A fire broke out in a mechanical space on board Royal Caribbean’s cruise ship Freedom of the Seas on ...

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FMC Gives Green Light to Northwest Seaport Alliance

Port of Tacoma

The United States Federal Maritime Commission (FMC) has voted to allow the establishment of the Port of ...

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Coastal Tankers in SE Asia Attacked Every Two Weeks

Coastal Tankers in SE Asia Attacked Every Two Weeks1

There is a continuing trend in South East Asia in the hijacking of small coastal tankers by maritime pirates, ...

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DryShips Inks Deal to Write Off Receivables

DryShips Inks Deal to Write Off Receivables

Nasdaq-listed owner of drybulk carriers and tankers DryShips Inc.has entered into agreement with one of its ...

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Excelerate Marks First STS LNG Transfer in Pakistan

Excelerate Energy - STS Transfer of LNG

The Woodlands-based specialist in floating LNG solutions Excelerate Energy L.P. has completed the first ...

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Poseidon Goes Public

Poseidon Goes Public

Containership operator Poseidon Containers Holdings Corp. launched on Tuesday its initial public offering of 15.4 ...

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OPV Market in Growth Mode

OPV Market in Growth Mode

The total number of Offshore Patrol Vessels (OPVs), the fastest growing segment of the naval vessels market, ...

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VIDEO: Four Barges Collide in Texas

Barges collision

On Monday, July 20th, two eastbound Kirby Inland Marine barges and two westbound Enterprise Marine Services barges ...

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Tanker Orderbook Set to Beat 2013 Record?

Tankers in Great Demand

Investment in construction of tankers driven by stronger appetite in ordering of new tonnage so far this year has ...

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Baltic-Genco Merger Completed

Baltic-Genco Merger Completed

Dry bulk specialists Genco Shipping & Trading Limited and Baltic Trading Limited have completed their merger on ...

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Readers’ Picks of the Week (13-17 of Jul)

Readers’-Picks

NOL Up for Sale Again? Singapore-based container shipping company Neptune Orient Lines has been put up for sale by ...

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Wärtsilä to Axe 600

Wärtsilä to Axe 600

Finnish engineering company Wärtsilä plans to let go 600 employees from its Marine Solutions department, despite an ...

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US Retailers Urge Passage of Port Statistics Bill

US Retailers Urge Passage of Port Statistics Bill

The US National Retail Federation and more than 100 other business groups have issued a letter calling for passage ...

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Hyundai Heavy and Accenture Teaming Up on Smart Ship Project

Hyundai Heavy and Accenture Teaming Up on Smart Ship Project

South Korean shipbuilding giant Hyundai Heavy Industries (HHI) and NYSE -listed Accenture are collaborating to ...

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