BW LPG: Q1 2015 Had Strongest Ever Charter Rates

BW LPG Reaps Fruit from Strongest Ever Charter Rates

BW LPG, the world’s top very large gas carrier (VLGC) owner and operator, recorded a rise in profit, ...

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Image of the Day: Razor-Sharp X-BOW

Razor-Sharp X-BOW

Well this is a sight we don’t have a chance of seeing too often. The image shows an offshore construction ...

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Nippon Foundation to Set Aside USD 100 Million for WMU

Nippon Foundation to Set Aside USD 100 Million for World Maritime University

Japan’s Nippon Foundation plans to set up a special endowment fund worth USD 100 million to support Swedish ...

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Lomar Takes Delivery of 64,000 DWT Bulker

Lomar Takes Delivery of 64,000 DWT Bulker

China-based COSCO (Zhoushan) Shipyard Co. has delivered a 64,000 DWT bulk carrier named Queen Cuki to its European ...

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Growing Trade and Mega Ships Top Euro Ports Concern List

Growing Trade and Mega Ships Top Euro Ports Concern List

Growing and clustered traffic volumes, larger ships and the cost of subsequent adaptation of port and ...

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Higher Turnover for Dutch Maritime Technology Sector

Higher Turnover for Dutch Maritime Technology Sector

The Dutch maritime technology sector has had a good year, posting a 17% increase in turnover, from € 6.4 billion ( ...

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Migrants Might Pose Risk to Unguarded Merchant Ships

Migrants Might Pose Risk to Unguarded Merchant Ships

Only those commercial ships operating with security personnel onboard should assist in rescuing seaborne refugees, ...

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Ridgebury Crude Eyes Tanker Duo

ridgeburytankers.com RIDGEBURY-CINDY-A

Oslo-listed Ridgebury Crude Tankers LLC has set sights on adding more capacity to its tanker fleet by buying two ...

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Registration Open for Offshore Energy 2015

offshore energy arena

The registration for Offshore Energy Exhibition & Conference 2015, that will be held in Amsterdam on 13th and ...

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Image of the Day: Let There Be Fireworks!

Viking Star Named with Fireworks

A huge crowd of local residents and visitors gathered along the harbor in in Bergen, Norway to enjoy the fireworks ...

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Maersk Line Plans 60 Percent Cut in CO2 Footprint by 2020

Maersk Line Plans 60 Percent CO2 Footprint Cut by 2020

World’s largest ocean container carrier Maersk Line plans to reduce CO2 emissions per container moved by 60% ...

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Carriers More Reliable in April

Carriers More Reliable in April

Container service reliability reached a data-series high in April with the aggregate on-time performance for the ...

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Golar LNG Charters Out 6 Carriers to Trafigura

Golar LNG Charters Out 6 Carriers to Trafigura

Norwegian liquefied natural gas (LNG) transporter Golar LNG has reportedly chartered out six of its LNG carriers on ...

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English Channel Ferry Saga Continues

English Channel Ferry Saga Continues

UK Competition and Markets Authority (CMA) will seek permission to appeal following last week’s Court of Appeal ...

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BIMCO: Time for Carriers to Get Ahead of the Curve

worldmaritimenews.com containership-freight-r...p-to-6-year-low-1024x680

The 2015 has started off as a pretty challenging year for the container shipping industry. With volatile spot rates ...

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Image of the Day: e-KOTUG Wows Tugnologists

e-KOTUG Wows Tugnologists

KOTUG’s new ART 80-32 Hybrid Rotortug RT Evolution, built by Damen, was named at the Greenwich Ship Tier in ...

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Northern Sea Route to Overpower Suez Canal

Northern Sea Route to Overpower Suez Canal

Roughly two thirds of the world trade that passes through the Suez Canal, which is 8% of the global total, will be ...

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Search for Hanjin Miami’s Missing Captain Called Off

Search for Hanjin Miami's Missing Captain Called Off

The search and rescue operation for the missing captain of the MV Hanjin Miami containership has been ...

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”K” Line Finds Work for Car Carrier Newbuilds

''K'' Line Finds Work for Car Carrier Newbuilds

Japan’s ocean carrier Kawasaki Kisen Kaisha (”K” Line) plans to use some of its 7,500-unit size ...

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EU Establishes EUNAVFOR Med

BIMCO Welcomes Military Operations Against Mediterranean Migrant Smugglers

The EU Council has agreed to establish EUNAVFOR Med, a military operation to break the business model of smugglers ...

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Fire Breaks Out on Board Fugro Symphony

Fire Breaks Out on Board Fugro Symphony, 84 Evacuated

A fire broke out early this morning on board a Furgo offshore support ship, the Fugro Symphony, while the vessel ...

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Container Shipping Rates Ever More Volatile

Container Shipping Rates Increasingly Volatile

The volatility of global container shipping spot freight rates since the start of 2015 has continued to increase in ...

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Norwegian Dawn Runs Aground on Bermuda Reef

Norwegian Dawn Runs Aground on Bermuda Reef

 A cruise ship owned by Norwegian Cruise Line, Norwegian Dawn, ran aground on Tuesday following its departure from ...

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Nasdaq Warns Paragon Shipping

Nasdaq Warns Paragon Shipping

Athens-based dry bulk specialist Paragon Shipping has received written notification from Nasdaq indicating that the ...

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NewLead Fixes Bitumen Tanker

NewLead Fixes Bitumen Tanker

Greek dry bulk carrier and tanker operator NewLead Holdings has entered into a time charter contract for one of its ...

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Port of Antwerp Rewards Green Ships

Port of Antwerp Rewards Green Ships

Belgium’s port of Antwerp will grant a discount of up to 30% in port dues to seagoing ships that use ...

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World’s First Electric Car Ferry Enters Service

World's First Electric Car Ferry Enters Service

The world’s first electric car and passenger ferry powered by batteries – the MF Ampere – has ...

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