Lisbon Dockworkers Plan New Walkout

Image Courtesy: Sindicato dos Estivadores

The Portuguese Dockers Union (SETC) plans to organize a further strike action in Portugal’s port of Lisbon, ...

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VIDEO: Symphony Sun Makes Its First Splash

Image Courtesy: Ferus Smit

Dutch shipbuilder Ferus Smit launched Symphony Sun, the fourth of six multipurpose vessels being built for its ...

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Damen, EVC Join Forces on Expedition Cruise Ship Design

Damen SeaXplorer; Image Courtesy: Damen

Dutch shipbuilder Damen Shipyards Group has teamed up with the UK-based expedition consultancy Expedition Voyage ...

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Readers' Picks of the Week

Readers’-Picks

Shell Scraps USD 4.6 Bn FLNG Order at Samsung Heavy South Korea’s shipbuilder Samsung Heavy Industries has received ...

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Golar-Schlumberger Tie-Up Unaffected by Fortuna Decision

Image Courtesy: Golar LNG

Schlumberger’s withdrawal from the Fortuna/Ophir development will not in any way influence the framework ...

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Breaking: EU Approves CMA CGM’s Acquisition of NOL

Image Courtesy: Port of Los Angeles

French container shipping major CMA CGM announced today that it has received approval from the European Commission ...

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Yamal LNG Secures Funding from Chinese Banks

Image Courtesy: DSME

Russia’s USD 27 billion Yamal LNG project has secured financing from two Chinese banks worth a total of USD ...

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Fitch: Mergers and Acquisitions Trump Alliances

Image Courtesy: Hapag-Lloyd

Mergers and acquisitions (M&A), rather than more popular alliances, are inevitable to address overcapacity and ...

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Spotted: Ulstein’s 1st X-STERN Afloat

The first of two service operation vessels being built for the offshore wind industry was launched yesterday at ...

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Carnival Vista Handed Over to Carnival Cruise Line

Image Courtesy: Fincantieri

Miami-based Carnival Cruise Line took delivery of its newest and largest ship, the 133,500-ton Carnival Vista at a ...

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Blacklisted Indian-Flagged Tanker Returning to Libya

Image Courtesy: Shipspotting

The Indian-flagged tanker that was blacklisted by the UN Security Council for carrying ‘illicit’ oil ...

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Encouraging Start of the Year for DP World

Image Courtesy: DP World

Dubai’s port and terminal operator DP World closed the first quarter of this year with 15.5 million ...

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Shell Scraps USD 4.6 Bn FLNG Order at Samsung Heavy

Image Courtesy: Samsung Heavy Industries

South Korea’s shipbuilder Samsung Heavy Industries has received a contract termination for three floating ...

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DryShips' Ability to Continue Compromised?

Image Courtesy: Nasdaq

 New York-listed owner of drybulk carriers and offshore support vessels DryShips said that it had defaulted on some ...

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UN Blacklists India-Flagged Tanker for 'Illegal' Oil Cargo

Image Courtesy: Shipspotting

The UN Security Council Committee has blacklisted India-flagged tanker Distya Ameya for being involved in attempts ...

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EU Unveils New Arctic Strategy

Image Courtesy: Danish Shipowners' Association

The European Commission launched yesterday its new Arctic Strategy, including 39 actions focusing on climate ...

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Gallery: Sirena Christened at Barcelona

Norwegian Cruise Line Holdings’ (NCLH) brand Oceania Cruises added yesterday to its fleet the newest cruise ...

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Globus Maritime Delays Loan Payments

Image Courtesy: Globus Maritime

Greek dry bulk shipping company Globus Maritime Limited has reached agreements with two of its lenders to postpone ...

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Nautilus: Brexit Could Negatively Affect UK Seafarers

Image Courtesy:  Danny Cornelissen/Nautilus International

Due to recent talks on whether UK should leave the European Union (EU) or stay as part of it, the trade ...

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Jan De Nul’s Offshore Installation Vessel Named

Image Courtesy: Navingo

The new offshore installation vessel of the Jan De Nul Group was christened today by Her Majesty the Queen of ...

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79 Pct of Ships Sold for Scrap in Q1 Ended Up in South Asia

Image Courtesy: NGO Shipbreaking Platform

Out of 239 end-of-life ships sold for breaking in the first quarter of 2016 a total of 79 per cent of ships ended ...

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Pirates Free Kidnapped Turkish Crew

Image Courtesy: Kaptanoglu

Six Turkish crew members of Malta-flagged tanker MT Puli who were kidnapped by pirates over two weeks ago while ...

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Scorpio Tankers Reaches 1st Quarter Forecasts

Image Courtesy: Scorpio Tankers

Monaco-based tanker owner Scorpio Tankers has seen its net income for the first quarter of 2016 drop to USD 28 ...

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44 Seafarers Captured as Violence Rises in West Africa

Image Courtesy: Navy

44 seafarers have been captured so far this year amid growing violence off the coast of West Africa, new figures ...

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Stockholm Norvik Port Construction Gets Green Light

Image Courtesy: Ports of Stockholm

The construction of a freight port north of Nynäshamn, the Stockholm Norvik Port, can start in 2016, after the ...

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Baltic Dry Index Surges to 704 Points

Image Courtesy: Diana

A recent Capesize market uptick, caused by an increase in iron ore trade, higher steel prices and a rise ...

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APM Terminals in Gothenburg Hit by Strike

Image Courtesy: APMT

The Swedish Dockworkers’ Union (Svenska Hamnarbetarförbundet, section 4) launched a 24-hour strike at APM ...

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