Bosporous Strait to Close for Bridge Construction

Bosporous Strait to Close for Bridge Construction

The Bosporus Strait Harbour Master’s office has verbally advised that the Strait will close to all traffic for a ...

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Ocean Yield Buys Eight Newbuilding Tankers

Ocean Yield Buys Eight Newbuilding Tankers

The Oslo-listed Ocean Yield ASA has entered the tanker market, buying eight newbuilding chemical tanker resales for ...

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East-West Freight Rates Increased for First Time in Years

East-West Freight Rates Increased for First Time in Years

Ocean freight rates for cargoes moving under contracts on major East-West routes have increased for the first time ...

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Maersk Boxship Grounded

maersk

A Maersk Line containership runs aground near Vlissingen, the Netherlands

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Knightsbridge-Golden Ocean Merger Completed

Knightsbridge-Golden Ocean Merger Completed

Dry bulk specialist Knightsbridge Shipping has completed its previously announced merger with Golden Ocean Group ...

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Shipping Confidence Lowest in Years

Shipping Confidence Lowest in Years

Overtonnaging, the effect of lower oil prices and the growth of investment by financiers from outside shipping have ...

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BG Hands Over Two LNG Carriers to GasLog

BG Hands Over Two LNG Carriers to GasLog

Monaco-based owner and operator of LNG carriers GasLog has drawn down on a USD 460 million credit facility led by ...

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CMA CGM Gets Its Biggest Boxship

CMA CGM Kerguelen

French container carrier CMA CGM has taken delivery of a 17,722 TEU CMA CGM Kerguelen, the largest container ship ...

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IUMI: Exposures, Risks Growing in Size and Complexity

IUMI

Exposures and risks are growing in size and complexity and these will require stable solutions in the future, ...

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ICAP Shipping, Howe Robinson Start New Venture

ICAP Shipping, Howe Robinson Start New Venture

UK-based ICAP Shipping and the shipbroker Howe Robinson Group have formed a new venture – Howe Robinson ...

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Diana Takes a Loan

Diana Takes a Loan

Athens-based owner and operator of dry bulk carriers Diana Shipping signed a USD 50.16 million term loan facility ...

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E A Gibson Goes Solo

E A Gibson Goes Solo

The UK shipbroker E A Gibson separated from its oil services parent company Hunting Plc, ending ”121 years of ...

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Image of the Day: First Havyard 832 Arrives from China

Mawei_nyhet

The ship shown in this image, named Kan Tan 312, is the first Havyard 832 PSV delivered from a Chinese shipyard and ...

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Costa Concordia Used for Cocaine Smuggling

Costa Concordia Used for Cocaine Smuggling

Large quantities of cocaine are reported to had been smuggled on board the most luxuries ships sailing the high ...

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Hamburg Süd Wraps Up CCNI Takeover

Monte Tamaro

German liner company Hamburg Süd has concluded the takeover of the container liner activities of Compañía Chilena ...

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RINA Joins Turkmenbashi Port Project

RINA Joins Turkmenbashi Port Project

Italy’s RINA Services has been awarded a contract to provide design review and third party certification ...

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Top UK Port Operator Stake Sold for USD 2.36 Billion

Top UK Port Operator Stake Sold for USD 2.36 Billion

Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure have signed an agreement to invest ...

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DryShips Offloads Tanker Fleet

DryShips Offloads Tanker Fleet

Owner and operator of ships DryShips Inc. has entered into firm sales agreements with entities controlled by the ...

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World’s Largest Boxship Gets a Sister

19,224 TEU MSC Oliver Reports for Service

Swiss-based container carrier Mediterranean Shipping Company has taken delivery of its second 19,224 TEU container ...

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Norwegian Star Returns to Service

Norwegian star

Norwegian Cruise Line’s cruise ship Norwegian Star has returned back to service on March 17, 2015, following ...

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Containerships Secures Financing for LNG-Fueled Duo

Containerships Secures Financing for LNG-Fueled Duo

Finland-based shortsea operator Containerships has secured financing for the acquisition of two new ...

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Cargotec-Carlyle China Joint Venture Over

Cargotec-Carlyle China Joint Venture Over

Finnish cargo-handling machinery maker Cargotec has become a sole owner of China Crane Investment Holdings Limited ...

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100 Maersk Line Boxships Going Paperless

100 Maersk Line Boxships Going Paperless

Danish container shipping company Maersk Line has selected Transas Marine for ECDIS implementation, and will ...

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Rotterdam to Get LNG Break Bulk Facility

Rotterdam to Get LNG Break Bulk Facility

Gate terminal, the first liquefied natural gas (LNG) import terminal in the Netherlands, has started ...

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World's First Methanol Powered Ferry Begins Operations

STENA GERMANUICA

On 26 March, the Stena Germanica, the world’s first methanol powered ferry, re-entered service after a couple ...

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Hamburg Bulk Carriers Takes 11 Bulkers under Its Wing

HBC Hamburg Bulk Carriers Takes 11 Bulkers under Its Wing

 German handysize operator Hamburg Bulk Carriers (HBC) has added 11 bulk carriers originating from the German ...

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HHLA Sets Container Throughput Record

HHLA Sets Container Throughput Record

7.2 million standard containers (TEU) moved through the Hamburger Hafen und Logistik AG’s  container ...

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