MSC Boxship Towed after Losing Power off Spain

Big Boxship Towed after Losing Power off Spain

Spanish maritime salvage and rescue organisation Salvamento Maritimo was called in yesterday to tow the 9,400 TEU ...

read more →

Infographic: Building Modern Marvels

Messer-IG-Combined-Final

Have you ever asked yourself how the biggest ships were made? Today’s infographic brings you detailed ...

read more →

UASC Boxship Catches Fire at Port of Hamburg

UASC Boxship Catches Fire at Port of Hamburg

Firefighting crews were called in to intervene today at the Port of Hamburg after one of the containers ...

read more →

LR to Class Largest Heavy Lift Crane Vessel

LR to Class Largest Heavy Lift Crane Vessel

International classification society Lloyd’s Register (LR) has won a contract to class the world’s largest ...

read more →

Hundreds Feared Dead after Boat Sinks off Libya

Hundreds Feared Dead after Boat Carrying Migrants Sinks off Libya

Around 200 people are missing and feared dead after an overcrowded boat carrying African migrants across the ...

read more →

Cosco Pacific Increases Profit Despite Weaker Euro

Cosco Pacific Increases Profit Despite Weaker Euro

Hong Kong-based container terminal operator Cosco Pacific Limited, part of Cosco Group, saw a 5% dip in revenue ...

read more →

Finnlines Returns to Wartsila for More Scrubbers

Finnlines Returns to Wartsila for More Scrubbers

Finnish shipping company Finnlines Plc, part of the Grimaldi Group, has entered into a repeat order with Wärtsilä ...

read more →

Frontline CEO: Tanker Orderbook Is a Concern

Tanker Orderbook Is a Concern

The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new ...

read more →

MacGregor Hatlapa to Cull up to 100 Jobs

MacGregor Hatlapa to Cull up to 100 Jobs

Cargotec’s MacGregor is planning to lay off around 100 employees at MacGregor Uetersen site in Germany by ...

read more →

Seadrill Delays Newbuilds amid Challenging Market

Seadrill Delays Newbuilds amid Challenging Market

Offshore drilling company Seadrill has delayed deliveries of two drillships currently under construction for two ...

read more →

Odfjell Posts Best Quarterly Performance since 2008

Odfjell

Norwegian shipping and tank terminal company Odfjell said that it has posted the best quarterly operational ...

read more →

Chartering of LNG Shipping Weakens Further in Q2

Q2 Marked by Weak Market for Chartering of LNG Shipping

The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in ...

read more →

Golden Ocean Sinks Further into Red

Golden Ocean Sinks Further into Red

Norway based dry bulk shipping company Golden Ocean Group Limited (GOGL) posted a net loss of $33.5 million for the ...

read more →

Spotted: Sakhalin Enters 1K Club

The offloading of 1000th LNG cargo from Prigorodnoye port

Sakhalin Energy, the operator of Russia’s first LNG plant, offloaded the 1000th standard cargo of liquefied ...

read more →

DP World’s Earnings Up by 22 Pct

DP World's  Earnings Up by 22 Pct

Global marine terminal operator DP World reported strong financial results from its global portfolio of marine ...

read more →

G6 Starts Gothenburg Calls

G6 Starts Gothenburg Calls

The G6 alliance of container lines has started calling at Port of Gothenburg today through a new weekly direct ...

read more →

Scores of Bodies Found on Migrant Boat off Libya

About 50 Bodies Found on Migrant Boat off Libya

Bodies of around 50 people have been found in the hold of a vessel carrying migrants and refugees from Libya ...

read more →

Turmoil in China Not Good for Shipping Market

Turmoil in China Not Good for Shipping Market

Norwegian-born oil tanker and shipping magnate John Fredriksen voiced his worries over the impact the turmoil ...

read more →

Sanmar to Build Svitzer Sextet

Sanmar to Build Svitzer Sextet

Maersk Group’s salvage and towage subsidiary Svitzer has signed a newbuilding contract with Sanmar Shipyard ...

read more →

Merger with CSAV a Home Run for Hapag-Lloyd

Merger with CSAV a Home Run for Hapag-Lloyd

German container line Hapag-Lloyd has managed to shake off EUR 173.3 million loss recorded in the first half of ...

read more →

Clipper Takes Two Ultramaxes at Sainty

Clipper Takes Two Ultramaxes at Sainty

Denmark’s Clipper Group has purchased two 64,000 dwt SDARI64 newbuilding bulk carriers being built by Sainty ...

read more →

Delivery of ULCSs Set to Slow Down in 2016

Barzan

The steady flow of ultra-large containerships (ULCS) into the Asia-Europe trade will ease briefly in 2016, as the ...

read more →

Ulstein Launches Its Largest Offshore Vessel Yet

ulstein

  On Tuesday night, August 25th, yard number 302 Island Venture, an offshore construction vessel for Island ...

read more →

China's Trade to Keep Up the Momentum despite Setbacks

China's Trade Expected to Boom in Next 5 Years

 Trade from China and Southeast Asia to North America and Europe is expected to boom in the next five years, ...

read more →

Euro Dockworkers Tackling Overcapacity, Automation Threats

Hamburg-Le Havre Dockworkers Tackling Overcapacity and Automation Threats

The combined unions of dockworkers in Germany, Netherlands, France, United Kingdom and Belgium as well as the ...

read more →

Irish Shipping and Port Activity Up by 3 Pct

-Port-of-Cork

Shipping and port activity in the Republic of Ireland rose by 3% in the second quarter of 2015 when compared to the ...

read more →

Crewtoo: Seafarers Dread Port Calls

Seafarers Dread Port Calls

Seafarers sometimes fear port calls because of the increase in workload caused by the many audits and inspections ...

read more →