WB Chartering: Supramax Market on a Path to Recovery

Image Courtesy: Western Bulk Chartering

During the second quarter of 2016 the dry bulk market witnessed some improvements from the first quarter of the ...

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Spotted: Busiest Day for Port of Ayr

Image Courtesy: Associated British Ports

Associated British Ports’ (ABP) Port of Ayr has recorded one of its busiest days in the last 25 years, with ...

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Monjasa Secures USD 80 Mn Credit Facility

Image Courtesy: Monjasa Group

Global oil and shipping group Monjasa has obtained a new credit facility of USD 80 million from French ...

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Siem Shipping to Delist from Oslo Stock Exchange

Image Courtesy: Siem Shipping

After it passed a delisting resolution at the beginning of May 2016, the Oslo-listed shipping firm Siem Shipping ...

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BG Freight Line Charters Four Feeder Vessels

Image Courtesy: BG Freight Line

Dutch shipping company BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made ...

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TEN Sends New Panamax Tanker on Long-Term Charter

Image Courtesy: TEN

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

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Primorsk to Reveal Details of Liquidation Plan

Image Courtesy: Primorsk

Cyprus-based tanker owner Primorsk International Shipping Ltd. has, together with certain of its affiliated debtors ...

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Kleven to Build Fish Harvesting Vessel for DESS Aquaculture

Image Courtesy: Kleven

Norway’s shipbuilding company Kleven has inked a contract with DESS Aquaculture Shipping, a joint venture ...

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Transocean Winner Refloated, Resumes Journey

Image Courtesy: UK Maritime and Coastguard Agency

The recently grounded oil rig Transocean Winner was refloated at 10 pm on Monday in Dalmore Bay, more than two ...

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Mega Boxship Briefly Grounds off Southampton

Illustration; Image Courtesy: CMA CGM

The 18,000 TEU containership CMA CGM Vasco De Gama was refloated after it briefly grounded while it was approaching ...

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SGX, Baltic Exchange Reach Deal on Takeover Terms

Image Courtesy: Baltic Exchange

Singapore Exchange Limited (SGX) and The Baltic Exchange Limited (Baltic Exchange) have agreed on the terms for a ...

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NordLB Agrees to Sell USD 1.5 Bn Worth of Shipping Portfolio

Image Courtesy: NordLB/Daniel Bames

The German shipping bank Norddeutsche Landesbank (Nord/LB) has reached an agreement with KKR Credit to sell a ...

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VIDEO: Genting Dream Floats Out

Image Courtesy: Cruise Bay

Genting Dream, a new cruise ship being built for the Asian cruise operator Dream Cruises, left the Meyer Werft ...

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VIDEO: Clipper Takes Over Handysize Duo

Image Courtesy: Clipper Group

Denmark’s Clipper Group has taken over two of four 32,000 dwt Handysize bulk carriers bought from its ...

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Sembcorp Marine Purchases Norwegian Ship Design Firm

Image Courtesy: Sembcorp Marine

Sembcorp Marine Integrated Yard, a subsidiary of Singapore-based marine and offshore engineering group Sembcorp ...

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MSI: Tanker Market Conditions Causing Headaches for Owners

Image Courtesy: Bahri

Current conditions in the Very Large Crude Carrier (VLCC) freight market are not entirely attributed to ...

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Demand Growth in Asia-North Europe Trade Remains Muted

Image Courtesy: MSC

Headhaul demand growth in the Asia-North Europe trade remains muted and this year’s third quarter peak season is ...

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Maersk Line, CCS Ink Cooperation Deal

Image Courtesy: CCS

Danish shipping company Maersk Line has entered into a Memorandum of Understanding (MOU) with China Classification ...

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Readers' Picks of the Week


Alphaliner: Maersk Could Sell APM Terminals and Damco Danish shipping major Maersk Line’s container shipping ...

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Blue Water Secures USD 154 Mn Contract in Kazakhstan

Image Courtesy: Blue Water Shipping

A consortium led by the Denmark-based Blue Water Shipping won a USD 154 million contract with Tengizchevroil (TCO) ...

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Lauritzen Narrows Loss, Confirms Newbuilding Sales

Image Courtesy: J. Lauritzen

Danish shipping company J. Lauritzen has confirmed that it opted to sell two Supramax bulk carrier newbuildings and ...

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VARD Wins USD 70 Mn Module Carrier Vessels Order

Image Courtesy: VARD

Norwegian shipbuilder and ship designer Vard Holdings Limited (Vard) has inked a USD 70 million contract for the ...

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Navios Acquisition's Quarterly Net Income Cut in Half

Image Courtesy: Navios Maritime Acquisition

Owner and operator of tanker vessels Navios Maritime Acquisition Corporation has reported its net income for the ...

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Marseille Fos' Passenger, Cargo Volumes Surge in July

Image Courtesy: Marseille Fos

The French port of Marseille Fos has experienced a “hot month” as it reported a surge in cargo volumes ...

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Maersk Supply Service to Divest up to 20 Vessels

Image Courtesy: Maersk Supply Service

Maersk Supply Service, a part of Danish shipping and offshore energy conglomerate Maersk Group, is divesting up to ...

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Awilco Wraps Up Sale of LNG Carrier Duo

Image Courtesy: Awilco LNG

Norwegian liquefied natural gas (LNG) transportation provider Awilco LNG ASA has completed the sale of two 125,000 ...

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European Yards Rack Up Cruise Ship Orders

Image Courtesy: Fincantieri

In a historically weak contracting environment the cruise sector has seen a strong level of newbuild ordering and ...

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