Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

Navios Holdings Delivers Loss, Closes USD 305 Mn Offering

Although its revenues increased during the third quarter of 2017, Greek shipping firm Navios Maritime Holdings ...

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MPC Container Ships Eyes Funds for More Boxships

Oslo-based containership owner MPC Container Ships is looking to raise up to USD 200 million through a private ...

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DSME Delivers LNG Carrier Duo for Yamal Project

South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering delivered two Arctic LNG carriers, ...

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Clarksons: Containership Orderbook in Decline

The global containership orderbook stood at 368 vessels of a combined 2.8 million TEU as of the start of November, ...

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Cyber Liability Hampers Unmanned Ship Implementation

Uncertainty surrounding liability issues relating to unmanned ships and incidents as a result of a cyber-attack are ...

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DryShips Widens Loss

Greek ship owner DryShips has plunged further into the red as its net and operating losses increased during the ...

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Global Container Volumes Grow by 7.7% in Third Quarter

Port volumes recorded a 7.7% rise in aggregate throughput in the quarter ended September 30, growing at their ...

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Hapag-Lloyd Names Its New Neopanamax Boxship

German shipping giant Hapag-Lloyd officially named its Neopanamax containership Santos Express in Brazil on ...

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Carriers More Reliable in October 2017

Carriers’ overall on-time schedule reliability increased by 3.3%, from 64.3% in September 2017 to 67.6% in October ...

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SeaIntel: Carriers Deliver Marginal Financial Recovery in Q3

Although the third quarter of 2017 financially saw a significant improvement over the same quarter of 2016, the ...

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Flex LNG Secures USD 315 Mn to Finance Newbuildings

Oslo-listed ship owner and operator Flex LNG has reached an agreement on a loan facility to finance three of its ...

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ICS: Shipping Needs to Be Economically Sustainable

The shipping industry could only be environmentally sustainable if it is economically sustainable as well, the ...

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Golden Ocean Returns to Profit

Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) returned to profit in the third quarter of ...

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Ship Operating Costs Stabilise in 2017

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners ...

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Navig8 Chemical Tankers Delivers Loss

Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has delivered a ...

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Wärtsilä to Power Viking Line's New LNG-Fuelled Ferry

Finnish technology group Wärtsilä has been hired to supply engines, navigation system, and a broad scope of other ...

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Coral Energy Brings First LNG Cargo to Northern Finland

LNG tanker Coral Energy, operated by Scandinavian company Skangas, delivered the first shipload of liquefied ...

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Weak Tanker Rates Push Sovcomflot to Red

Russian shipping company PAO Sovcomflot (SCF Group) ended the first nine months of 2017 in loss as tanker spot ...

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Drewry: Crude Tanker Rates to Further Drop in 2018

Following a sharp decline in crude tanker freight rates seen during 2017, the rates are set to further drop in 2018 ...

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Star Bulk Carriers Slashes Loss

Greece-based dry bulk shipping firm Star Bulk Carriers managed to cut its net loss for the quarter ended September ...

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Venepandi Warns Ships of Incidents during Inspections

During the mandatory antidrug underwater inspections in Venezuela prior to sailing, an increasing number of alleged ...

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No Longer Sailing South?

The Suez Canal is still the most efficient route to transport large amounts of cargo between Asia and Europe. ...

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Diana Containerships Slashes Q3 Loss

Greek container shipping company Diana Containerships has managed to trim its USD 126.8 million net loss reported ...

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Clarksons: Recycling Market in Limbo

The ship demolition market is plagued by a high level of uncertainty leaving the market analysts in limbo when it ...

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Spotted: Höegh LNG's Ninth FSRU Afloat at Hyundai Heavy

Höegh LNG has shared an image of its ninth FSRU floating at Hyundai Heavy Industries (HHI) shipyard in South ...

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Weak Product Tanker Market Pushes Hafnia to Loss

Denmark-based shipping company Hafnia Tankers ended the third quarter of this year with a net loss of USD 7.3 ...

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