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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Wan Hai Adds String to Intra-Asia Network

Wan Hai Adds String to Intra-Asia Network

Taiwanese container carrier Wan Hai Lines has added a new South China-Vietnam-Malaysia Service (CVM) string  to its ...

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E A Gibson Goes Solo

E A Gibson Goes Solo

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

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Seaspan Gets Seventh 10,000 TEU SAVER

Seaspan Gets Seventh SAVER

Hong Kong-based Seaspan Corporation has accepted delivery of the seventh SAVER design, 10,000 TEU container ship, ...

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Coscol Adds Two Asphalt Carriers

cosco orders two asphalt carriers

Shanghai-listed Cosco Shipping (Coscol) has through its subsidiary Cosco Southern Asphalt ordered two 13,000 dwt ...

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MES Hands Over Bulker to Lazio Shipping

MES Hands Over Bulker to Lazio Shipping

Japanese shipbuilder Mitsui Engineering & Shipbuilding (MES) delivered a 56,000 dwt type bulk carrier MV ...

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Tasmania’s Deal with Swire Shipping Scrapped

swire tasmania

The deal between the Tasmanian government and Swire Shipping on connecting Tasmanian exporters to the Asian market ...

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K Line Takes Over First of Five 14,000 TEU Newbuilds

14,000 TEU

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has taken delivery of the Millau Bridge, the first of five ...

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China Rongsheng Sinks Further

China Rongsheng Sinks Further

Shipbuilder China Rongsheng Heavy Industries Group Holdings reported a negative revenue of RMB 3.8 billion (USD 618 ...

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Effects of China's Lower Coal Demand Start to Kick In

China's Subdued Coal Demand Felt across Australian Terminals

Demand for Australian thermal coal seems to be on a downward trend as vessel queue at Newscastle port’s three ...

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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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Carriers Passing on Lower Fuel Cost Perks to Shippers

Illustration

Shippers seem to be the greatest beneficiaries of lower marine fuel costs as they see the benefits being passed on ...

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CSDC Poised for More Bulker Orders

CSDC Poised for More Bulker Orders

Shanghai and Hong Kong-listed China Shipping Development Co (CSDC) said that the plans for ordering three 6,600 dwt ...

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Epic Takes Another

Epic Takes Another

Singapore-based owner and operator of gas carriers Epic Gas has taken delivery of another 5,000cbm carrier, Epic ...

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Avance to Drydock Newbuild

Avance to Drydock Newbuild

Norwegian owner and operator of Very Large Gas Carriers (VLGC) Avance Gas will dry dock the recently delivered VLGC ...

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Piraeus Port Back on Market

Piraeus Port Back on Market

Greece will move forward with the previously abandoned plan to sell the majority stake in the port of Piraeus, ...

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Readers’ Picks of the Week (23rd -27th of March)

Readers’ Picks

Maersk Line Orders Seven Containerships Maersk Line signed a new building order today with COSCO Shipyard Co., Ltd ...

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Russia Nominates Candidate for IMO Top Position

Russia Nominates Candidate for IMO Top Position

The Russian Federation has proposed its first candidate for the position of the Secretary General of the ...

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PIL Launches Second Far East-Middle East Service

PIL

Containership operator Pacific International Lines (PIL) has teamed up with COSCON, Wan Hai and Yangming on a new ...

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Two Dead, Seven Missing after Cargo Ship Sinks off Indonesia

SAR Rescue Teams (Illustration)

Two crew members of a general cargo ship that sank off Indonesia on Tuesday have been confirmed dead, with ...

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COSCO Posts Higher Profit Due to Subsidies

cosco

China COSCO Holdings Company Limited reported a net profit of CNY 363 million (around USD 58.5 million) in its ...

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Hyundai Mipo Bags Two Car Carriers

Hyundai Mipo Bags Two Car Carriers

South Korean shipbuilder Hyundai Mipo Dockyard has received an order for construction of two pure car/truck ...

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Epic Gas Sells LPG Carrier Duo

epic gas offloads lpg duo

Owner and operator of gas carriers Epic Gas has sold two LPG carriers to unnamed buyers engaged in Southeast Asian ...

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Hakutaka Joins MOL’s Fleet

hakutaka

Japanese shipping company Mitsui O.S.K. Lines, Ltd. has taken delivery of the coal carrier Hakutaka at its ...

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