LSC Sinks Deeper on Fleet Value Decline

Nasdaq Riga-listed tanker owner and operator Latvian Shipping Company (LSC) realised a net loss of USD 25.18 ...

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ABS First to Get EU MRV Credentials

Houston-based classification society ABS has received accreditation by Greece’s National Accreditation Body, the ...

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US Jury Convicts Two Green Sky Engineers in Magic Hose Case

A federal jury in Charleston, South Carolina, has convicted two chief engineers of the Liberia-flagged chemical ...

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Aegean Pleads Guilty to US Pollution Charges

Greece-based tanker operator Aegean Shipping Management, S.A., has pleaded guilty in federal court in Charleston, ...

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Finnlines Posts Best Ever Annual Figures

Finnish ferry operator Finnlines, part of the Italian Grimaldi Group, delivered a record financial performance in ...

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Storm Doris Closes Port of Liverpool

UK port owner and operator Peel Ports was forced to close the Port of Liverpool after the Storm Doris battered ...

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Tanker Investments Locks Away Aframax on 1-Year Charter

Norway-based investment company Tanker Investments has secured a one-year time charter for one of its ...

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Star Bulk Slashes Full-Year Loss

Greek dry bulk shipping company Star Bulk Carriers has managed to narrow its full-year net loss to USD 153.8 ...

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Teekay Tankers Sees Signs of Market Upturn in 2017

2017 will present some headwinds to crude tanker rates due to cuts to OPEC production, rising oil prices, and fleet ...

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Video: New DFDS RoRo Slides Into Water

Copenhagen-headquartered shipping and logistics company DFDS has held a naming and launching ceremony for the first ...

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Standard Club Urges for Proper Ballast Water Etiquette in US

Specialist marine and energy insurer, Standard Club P&I, urged its members to discharge ballast water in US ...

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Enesel Orders VLCC Pair at HHI

South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an order for construction of two 300,000-ton ...

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Another Win for Navios in Vale Contract Dispute

A New York arbitration tribunal has ruled in favor of Navios South American Logistics, part of Greek dry bulk ...

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Danaos Sinks to Loss due to Hanjin Impairments

Athens-based containership owner Danaos Corporation swung to a net loss of USD 366.2 million in 2016 from a profit ...

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Clarksons: Boxship Deliveries Entering Moderate Era?

As containership deliveries dropped from the record 1.7 million TEU in 2015 to just 0.9 million TEU in 2016, the ...

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Damen Shiprepair & Conversion Cutting 150 Jobs

Damen Shiprepair & Conversion (DSC), part of Dutch Damen Shipyards Group, plans to lay off around 150 workers ...

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Fincantieri Confirms Chinese Cruise Ship Order

Italy’s Fincantieri has entered into a binding Memorandum of Agreement (MoA) with China State Shipbuilding ...

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Bahri, Bunge Enter Dry Bulk Shipping JV

Bahri Dry Bulk Company (BDB), a subsidiary of Bahri, has signed an agreement with the Dutch firm Koninklijke Bunge ...

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ABS Issues Cyber Safety Notation for Marine Industries

As the focus on cyber safety is rising, the classification provider ABS has issued its first notation for the ABS ...

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BC Ferries' Salish Eagle Makes 1st Stop on Its Way Home

Salish Eagle, the second of BC Ferries’ three new liquefied natural gas (LNG)-powered Salish Class ...

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Fincantieri About to Seal Deal on Chinese Cruise Ships?

Italian shipbuilder Fincantieri has been linked to a binding deal on construction of cruise ships for the Chinese ...

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LR2s to Reap the Fruits from 0.5 Pct Sulphur Cap

Clean product tankers are likely to benefit from the implementation of the global 0.5% sulphur emissions cap as of ...

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DryShips Sails Back into Tanker Market

Greek owner of drybulk carriers DryShips Inc. has decided to re-enter the tanker shipping market as it agreed to ...

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Maersk to Get Decision on Hamburg Süd Deal by March 27

Danish shipping giant Maersk Line is scheduled to receive the EU antitrust regulator’s decision on the ...

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Six More Carriers to Start Calling at German Wilhelmshaven

Six more container shipping lines will start calling at Germany’s only deep water port, Wilhelmshaven, from ...

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Gallery: First Steel Cut for AIDA’s LNG Cruise Ship

The first steel has been cut for a new liquefied natural gas (LNG) -powered cruise ship ordered by German cruise ...

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Offen Group, DEVK Lend a Hand to Marenave

Hamburg-based shipping trust Marenave Schiffahrts has reached an investment agreement with Offen Group and ...

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