Seaspan Adds Eighth 14,000 TEU SAVER

Image Courtesy: Seaspan

Hong Kong-based Seaspan Corporation took delivery today of a 14,000 TEU containership, the YM Width. Constructed ...

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Enrica Lexie: India Agrees to Send Italian Marine Home

Image Courtesy: Shipspotting

The Indian Supreme Court has made a decision to enforce The Hague Court of Arbitration’s order to free one of the ...

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Paragon Snubs Delivery of Ultramax Newbuilding

Image Courtesy: Paragon Shipping

Athens-based dry bulk shipping company Paragon Shipping has not taken delivery of an Ultramax newbuilding dry bulk ...

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China Okays CMA CGM’s Acquisition of NOL

Image Courtesy: CMA CGM

French container shipping giant CMA CGM today said that it has received an approval from the Anti-monopoly Bureau ...

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Singapore Exchange in Exclusive Talks to Acquire Baltic

Image Courtesy: Baltic Exchange

Singapore Exchange Limited (SGX) has entered into exclusive discussions with the Baltic Exchange Limited (Baltic) ...

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d’Amico Splashes Two New Handysize Tankers

Image Courtesy: d'Amico

Shipping company d’Amico International Shipping S.A. launched two new 39,000 dwt Handysize eco product tankers ...

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Sembcorp Marine Refutes Petrobras Fraud Allegations

Image Courtesy: Sembcorp Marine

Singapore-based global marine and offshore engineering company Sembcorp Marine Ltd said it would rigorously defend ...

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HMM Nets USD 570 Mn Debt-for-Equity Swap Deal

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Struggling South Korean shipping company Hyundai Merchant Marine has concluded a deal with its creditors, led by ...

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Maersk Line Ties Latin America and Asia with New Service

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Danish container shipping company Maersk Line has decided to optimize its AC network with the launch of the AC1 ...

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Gwadar Port Operators Exempted from Tax

Image Courtesy: Gwadar Port Authority

A 23-year tax exemption has been approved for Chinese operators of Gwadar port in Pakistan by the country’s ...

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Pioneer Marine Abandons Two Final Newbuildings

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Oslo-listed shipowner and dry bulk transporter Pioneer Marine has decided to terminate the last two of ...

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Essar Shipping Wins Arbitration Case against SAIL

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Indian shipping corporation Essar Shipping Limited has won an arbitration case against the Steel Authority of India ...

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Corona Victory Expands K Line’s Coal Carrier Fleet

Image Courtesy: K Line

Tokyo-based Kawasaki Kisen Kaisha, Ltd. (K Line) has expanded its coal carrier fleet with the latest addition of ...

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Asia/Pacific Owners to Return at the Helm of World Fleet

Image Courtesy: Xinyashipyard

Asia/Pacific based owners could get back at the lead as largest market holders of the world fleet, thus reversing ...

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India, Iran Seal Chabahar Port Deal

Image Courtesy: Govt of India

India and Iran have signed a bilateral agreement today to develop the Chabahar port and related infrastructure, ...

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DSME to Sell HQ Building as Part of Self-Rescue Efforts

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In its latest attempt to fight liquidity woes, the financially-troubled South Korean shipbuilder Daewoo ...

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Navig8 Product Tankers Takes 1st Newbuild from CSSC Offshore

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Navig8 Product Tankers Inc has taken delivery of the Navig8 Grace, a 113,000 DWT LR2 tanker from China-based CSSC ...

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Korean Register Expands Foothold in Iran

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Korean Register (KR) has signed a Memorandum of Agreement to establish a joint venture company with the Iranian ...

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Drewry: Clarity Issues Could Delay Container Weighing

Image Courtesy: FEPORT

Although progress is being made for the upcoming implementation of the container weighing rules on July 1, it is ...

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APL Axes CO2 Emissions

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Singapore-based container shipping company APL has reduced its fleet carbon dioxide emissions by 45.5 percent in ...

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Readers’ Picks of the Week (May 16 – 20, 2016)

Readers’-Picks

Danish Ship Finance: Shipyards Could Be Left without Orders by 2017 It is essential that new orders are placed ...

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DSME Postpones Delivery of SCF's New LNG Ship

Image Courtesy: DSME

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has reached an agreement with the ...

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Bondholders Extend Hanjin Shipping’s Debt Maturity

Image Courtesy: Hanjin Shipping

Financially-troubled South Korean container shipping company Hanjin Shipping has received a helping hand as the ...

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Cancelled Newbuildings Widen Pioneer Marine's Loss

Image Courtesy: Pioneer Marine

Oslo-listed shipowner and dry bulk transporter Pioneer Marine reported a net loss of USD 13.9 million for the first ...

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BW LPG Brings Aurora Stake to 19.5 Pct

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Singapore’s gas carrier owner BW LPG has increased its stake in Oslo-listed Aurora LPG by acquiring an ...

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China VLCC Offloads Second-Hand Duo

Image Courtesy: CMES

China VLCC, a joint venture company between China Merchants Energy Shipping (CMES) and Sinotrans&CSC, has ...

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Spotted: New Constant Joins CMES’ Ranks

In a colorful arrival, China Merchants Energy Shipping (CMES) welcomed yesterday its new very large crude carrier ...

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