NordLB to Face Execution Risks if It Cuts Shipping Loans

Image Courtesy: NordLB/Daniel Bames

The German shipping bank Norddeutsche Landesbank (Nord/LB) could encounter high execution risks if it goes through ...

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France: Elengy's Terminals in Deadlock as Vessels Queue

Image Courtesy: Elengy

Send-out and unloading operations at Elengy’s Fos and Montoir terminals are not expected to resume to normal ...

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Konecranes Closer to Buying Terex's MHPS

Image Courtesy: Terex MHPS

The Finnish manufacturer of cranes Konecranes Plc could soon complete the acquisition of Terex ...

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Aurora LPG Inks Loan for Final Newbuilding

Image Courtesy: Aurora LPG

Oslo-listed LPG tanker owner Aurora LPG Holding ASA has signed the term sheet for the financing of its sixth and ...

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Giuseppe Bono Remains Fincantieri’s CEO

Image Courtesy: Fondazione ResPublica

Italian shipbuilding major Fincantieri informed yesterday that its new Board of Directors confirmed Giuseppe Bono ...

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Höegh LNG Set on Dozen FSRUs by 2019 amid Strong Market

Image Courtesy: Hoegh LNG

Höegh LNG is upbeat on the group’s FSRU prospects as it reports increase in net profit after tax for the ...

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Reefer Vessel Ignites in Spanish Port of Marin

Image Courtesy: Shipspotting

The 1994-built reefer vessel Frio Antwerp caught fire in the afternoon hours of May 25 while it was unloading its ...

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Royal Caribbean to Expand Fleet with Three More Ships

Image Courtesy: Royal Caribbean

Miami-based Royal Caribbean Cruises Ltd. has signed a memorandum of understanding with French shipbuilder STX ...

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Russia Eyes Thessaloniki Port Privatization

Image Courtesy: Gazprom

The privatization of the second biggest Greek port of Thessaloniki seems to have sparked interest in Russia, as the ...

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Enrica Lexie: India Agrees to Send Italian Marine Home

Image Courtesy: Shipspotting

The Indian Supreme Court has made a decision to enforce The Hague Court of Arbitration’s order to free one of the ...

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Russia Ships 1st Yamal Oil from Arctic Gate Terminal

Image Courtesy: Gazprom

Russia’s energy giant Gazprom launched on Wednesday the year-round shipments of Yamal oil from the Arctic ...

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Mark Verhaar & Dick-Jan de Blaeij

Quickly responding 24/7 is very important in the maritime industry as well as within inland shipping, directors ...

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Navios Clamps Down on Vale

Image Courtesy: Vale

After it received a contract termination from the Brazilian mining giant Vale International, the Greek dry bulk ...

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Siem Shipping Keeps Its Reefers Busy for Another Year

Image Courtesy: Siem Shipping

Oslo-listed Siem Shipping Inc. has won a one-year contract renewal for a regular weekly service from Ecuador to St. ...

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Registration for Offshore Energy 2016 Opens

Registration for Offshore Energy 2016 Opens

The registration for Offshore Energy Exhibition & Conference 2016 (OEEC 2016) in Amsterdam is now open. The ...

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New Strike Prolongs Troubles at APM Terminals Gothenburg

Image Courtesy: APM Terminals

APM Terminals in Gothenburg was hit with a new 24-hour strike on Tuesday, following yet another failure between the ...

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Holland America Line Christens Koningsdam

Image Courtesy: Holland America Line

Holland America Line, part of Carnival Corporation, has welcomed a new cruise ship to its fleet, ms Koningsdam, ...

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Paragon Snubs Delivery of Ultramax Newbuilding

Image Courtesy: Paragon Shipping

Athens-based dry bulk shipping company Paragon Shipping has not taken delivery of an Ultramax newbuilding dry bulk ...

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China Okays CMA CGM’s Acquisition of NOL

Image Courtesy: CMA CGM

French container shipping giant CMA CGM today said that it has received an approval from the Anti-monopoly Bureau ...

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Singapore Exchange in Exclusive Talks to Acquire Baltic

Image Courtesy: Baltic Exchange

Singapore Exchange Limited (SGX) has entered into exclusive discussions with the Baltic Exchange Limited (Baltic) ...

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Oil Spill Pollutes Albanian Zvernec Coastline

Image Courtesy: Mimi Kodheli/Facebook

It is estimated that over 5 tons of crude oil spilled off the coast of Zvernec, Albania, and covered nearly five ...

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VIDEO: World’s Largest Cruise Ship on Display in ...

Image Courtesy: Port of Rotterdam

Harmony of the Seas, the largest cruise ship in the world, arrived yesterday morning at the Cruise Port Rotterdam. ...

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Steam Packet to Invest in Two New Passenger Ships

Image Courtesy: Steam Packet Company

The Isle of Man passenger shipping company Steam Packet Company is planning to invest GBP 170 million (USD ...

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d’Amico Splashes Two New Handysize Tankers

Image Courtesy: d'Amico

Shipping company d’Amico International Shipping S.A. launched two new 39,000 dwt Handysize eco product tankers ...

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Damen Presents Design of New Class Utility Vessel

Image Courtesy: Damen

Dutch shipbuilder Damen has unveiled the design of the first of a new class of Damen utility vessel UV2410, which ...

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IBIA: Bunker Ships to Gain from BWM Exemption in Local Areas

Image Courtesy: IBIA

As the ratification of the Bunker tankers (BWM) Convention approaches, the International Maritime Organization ...

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STX France Sells Its Lorient Shipyard

Image courtesy: STX France

French shipbuilder STX France has decided to sell its Lorient shipyard located in Lanester to Kership, a joint ...

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