Paris MoU Sees Less Bans in 2015

Image Courtesy: Paris MOU

Paris MoU saw a large decrease in the refusal of access or bans in 2015 – 11 bans compared to 20 in the ...

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Demolition of Panamax Containerships Spikes

Image Courtesy: NGO Shipbreaking Platform

Demolition of containerships almost tripled in the first five months of 2016 in comparison to the same period of ...

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Cosco Opens Central America and Panama Business Lines

Image Courtesy: Cosco Shipping

Cosco China Shipping Group has launched two new lines of business, namely, COSCO Shipping Lines (Central America) ...

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LPG Carrier Explodes in Gulf of Thailand, Four Injured

explosion fire

Four people out of a crew of ten were hospitalized after the LPG carrier Pattarawadee 12 exploded in the Gulf of ...

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Armed Pirates Board Tanker in Indonesian Waters

Image Courtesy: Interpol

Ten armed pirates boarded a tanker while it was underway some 26 nautical miles off the Indonesian Mangkai Island ...

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Seaspan Buys Boxship Newbuilding Duo from GCI

Image Courtesy: Seaspan Corporation

Hong Kong-based container ship owner and operator Seaspan Corporation has bought two newbuilding 11,000 TEU vessels ...

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Gener8 Maritime Adds 11th ECO VLCC

Image Courtesy: YouTube/Screenshot

Crude oil shipping company Gener8 Maritime has taken delivery of another ECO VLCC, the Gener8 Constantine, from ...

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China Shipbuilding Selling Shares to Raise USD 586 Mn

Image Courtesy: CSIC

In an effort to reduce its debt, China Shipbuilding Industry Co. has revealed plans to raise some CNY 3.9 billion ...

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Carriers' Service Reliability at Six-Month High in May

Image Courtesy: OOCL

Ocean carriers achieved a six-month high for liner service reliability in May, according to data provided by ...

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COSCO Shipping Reshuffles Newbuilding Orders

Image Courtesy: COSCO Shipping

China’s COSCO Shipping Company Limited (COSCOL) has decided to upgrade three from a total of seven heavy lift ...

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CMA CGM to Launch Total NOL Takeover

Image Courtesy: CMA CGM

French container shipping major CMA CGM S.A. has crossed the compulsory acquisition ownership threshold in Neptune ...

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DSME’s Former CEO Taken into Custody

Image Courtesy: DSME

Daewoo Shipbuilding & Marine Engineering’s (DSME) former Chief Executive Officer Nam Sang-tae was taken ...

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HMM’s Restructuring Pushed to Late July

Image Courtesy: Hamburg Hafen

The creditor-led restructuring scheme of the South Korea’s cash-strapped shipping firm Hyundai Merchant ...

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Maersk Bolsters North East Asia – New Zealand Coverage

Image Courtesy: Maersk Line

Danish container shipping firm Maersk Line is upgrading its existing Triple Star service to provide direct, weekly ...

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SGX Extends Exclusive Talks with Baltic Exchange

Image Courtesy: Baltic Exchange

Singapore Exchange (SGX) has extended the period of exclusive discussions to buy the London’s Baltic Exchange ...

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Tsavliris to Create Salvage Network in Chinese Waters

Image Courtesy: Tsavliris Salvage

Greek emergency response contractor Tsavliris Salvage has signed a Memorandum of Understanding with ...

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Fatal Accidents Rise at Bangladeshi Shipbreaking Yards

Image Courtesy: NGO Shipbreaking Platform

At least five shipbreaking workers have been killed and five more severely injured in a series of fatal accidents ...

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Wisdom Marine Orders Two Tankers in Japan

Image Courtesy: Wisdom Marine Lines

Taipei-based shipping company Wisdom Marine Lines has decided to enter the tanker shipping market as it ordered two ...

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Cosco’s Post Panamax Duo Joins Baumarine Pool

Image Courtesy: Klaveness

China’s shipping giant Cosco has sent two of its bulk carriers into the Baumarine pool, run by Norwegian ...

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Vinashin’s Former Execs Face Criminal Charges

Image Courtesy: Shipspotting

Vietnam’s Ministry of Public Security has proposed criminal charges against three former executives of Vinashin ...

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Navig8 Chemical Adds New Tanker

Image Courtesy: Navig8 Chemical Tankers

Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical ...

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Drewry: HMM Joining 2M Suggests Hidden Agenda

Image Courtesy: HMM

Financially troubled Hyundai Merchant Marine (HMM) is in talks with 2M carriers Maersk Line and MSC to join their ...

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Nordic Hamburg, Containerships to Build Eight Ships in China

Image Courtesy; Containerships

German-based Nordic Hamburg and the Finnish shipping firm Containerships have ordered up to eight short sea 1,400 ...

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Royal Caribbean Names Ovation of the Seas in Tianjin, China

Image Courtesy: Royal Caribbean

Miami-based cruise company Royal Caribbean International christened its new Quantum class cruise ship Ovation of ...

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Readers' Picks of the Week

Readers’-Picks

Interview: New Panama Canal to Shift Trade Patterns As the inauguration of the Expanded Panama Canal approaches, ...

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Japanese Shipyards' Orders Halved in May

Image Courtesy: HHI

Japanese shipbuilding woes continued in May as well, as the country’s shipyards secured just eight ...

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Indonesia's Coal to Philippines on Hold, Seven More Abducted

Illustration; Image Courtesy: EUNAVFOR

In light of the latest kidnapping of seven crewmembers in the southern Philippines, Indonesia said that ...

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