Brexit Could Boost UK – EU Crude Oil Trades

Image Courtesy: Tanker Investments

The UK’s vote to exit the European Union after being a member since 1973, could have a positive impact on the ...

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Diana Finds Work for Crystalia

Image Courtesy: Diana Shipping

Greek dry bulk ship owner and operator Diana Shipping has entered into a time charter contract with SwissMarine ...

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Spotted: Mein Schiff 5 Sailing into the Kiel Fjord

Image Courtesy: TUI Cruises

TUI Cruises’ newbuild “Mein Schiff 5” arrived on June 23 in Kiel – the cruise ...

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DP World Launches USD 1.2 Bn Sukuk on Nasdaq Dubai

Image Courtesy: Nasdaq Dubai

Dubai-based port and terminal operator DP World’s Group Chairman and CEO, Sultan Ahmed Bin Sulayem, rang ...

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Drewry: HMM Joining 2M Suggests Hidden Agenda

Image Courtesy: HMM

Financially troubled Hyundai Merchant Marine (HMM) is in talks with 2M carriers Maersk Line and MSC to join their ...

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Maersk Line Hints at Increasing Use of New Panama Canal

Image Courtesy: Maersk Line

Danish container shipping giant Maersk Line is likely to make increased use of the Expanded Panama Canal and ...

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Readers' Picks of the Week

Readers’-Picks

Interview: New Panama Canal to Shift Trade Patterns As the inauguration of the Expanded Panama Canal approaches, ...

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Salvors Continue Removing Oil from Grounded MV Benita

Image Courtesy: Youtube/l'express

Some 80 tonnes of the remaining fuel oil have been extracted from the heavily grounded bulker MV Benita on the ...

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Antwerp Port Authority Names New CEO

Image Courtesy: Port of Antwerp

Belgium’s Antwerp Port Authority has appointed new Chief Executive Officer, Jacques Vandermeiren (52), who ...

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Teekay Sells Last VLCC for USD 62 Mn

Image Courtesy: Teekay

Amid an increase in the sale and purchase activities related to the tanker segment, Teekay Corporation has agreed ...

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UK Urged to Form New Free Trade Commission Due to Brexit

Image Courtesy: UK Chamber of Shipping

As the British people made a decision to leave the European Union, the UK should consider establishing a new Free ...

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MAN Record-Breaker Propels MSC Jade into Action

Image Courtesy: MAN

Mediterranean Shipping Company’s (MSC) newest containership MSC Jade has entered service, powered by the ...

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Maersk to Consider Splitting Its Operations?

Image Courtesy: Maersk

Danish shipping and energy conglomerate Maersk Group is considering a number of strategic and structural options, ...

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Drewry: Shortage of Shipping Officers to Be Reduced by 2020

Image Courtesy: ICMA

Slowing growth in the size of the shipping fleet is to reduce te shortage of officers from 20,900 at the end of ...

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Moody's Outlook on Global Shipping Sector Stays Negative

Image Courtesy: FTA

As the shipping industry is expected to see its earnings worsen, while freight rates are likely to remain ...

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VIDEO: Cruising into Rostock Port

Image Courtesy: Holland America Line

Warnemünde cruise terminal at German Rostock Port welcomed this Wednesday two large cruise ships – Holland ...

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Maersk Group Puts Søren Skou at the Helm

Image Courtesy: Maersk Line

The Board of Directors of Maersk Group has appointed Søren Skou as new Chief Executive Officer of A.P. Møller ...

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BIMCO Covers Shipping Contract Novation Loopholes

Image Courtesy: FEPORT

BIMCO has published three standard novation agreements that provide a legal framework to change one of the original ...

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Ternsund Aces Sea Trials

Image Courtesy: AVIC

Terntank’s first 15,000 dwt chemical tanker with dual-fuel two-stroke engine – M/T Ternsund – has ...

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RBS Gets Offers for Its Greek Ship Finance Business

Image Courtesy: RBS

After being faced with a number of bad shipping loans due to a sluggish demand in the shipping industry, the Royal ...

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RMC Notches First Shipbuilding Order

Image Courtesy: RMC

Finnish shipbuilding company Rauma Marine Constructions (RMC) has been awarded a contract to build a 158-meter long ...

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MV Benita’s Cargo Tanks Damaged and Flooded

Image Courtesy: Youtube/l'express

A number of cargo tanks have been damaged and are flooded aboard the heavily grounded bulk carrier MV Benita which ...

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Fire Erupts in Venezia Porto Marghera

Image Courtesy: Vigili del Fuoco

Venetian firefighters were called to intervene after a fifteen-meter-high crane caught fire in the port area of ...

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HMM in Talks to Join 2M Alliance

Image Courtesy: HMM

In an effort to survive the current weak demand in the container shipping industry, South Korea’s shipping ...

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Skangas Delivers First LNG for Polaris Icebreaker

Image Courtesy: Skangas

Scandinavian liquefied natural gas (LNG) provider Skangas has made the first delivery of liquefied natural gas ...

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TEN Sends New Aframax Tanker to Work for Statoil

Image Courtesy: TEN

Greek tanker owner and operator Tsakos Energy Navigation Limited (TEN) has taken delivery of the Aframax tanker ...

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Ocean Cleanup Prototype Ready for North Sea Trials

Image Courtesy: The Ocean Cleanup

Dutch dredging and maritime company Boskalis is to transport and install the world’s first ocean cleanup ...

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