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 ...

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

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) ...

read more →

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 ...

read more →

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 ...

read more →

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

Image Courtesy: HMM

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

read more →

Maersk Line Ties Latin America and Asia with New Service

Image Courtesy: Maersk Line

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

read more →

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 ...

read more →

Pioneer Marine Abandons Two Final Newbuildings

Image Courtesy: Pioneer Marine

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

read more →

Essar Shipping Wins Arbitration Case against SAIL

Image Courtesy: Essar Shipping

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

read more →

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 ...

read more →

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 ...

read more →

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, ...

read more →

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

Image Courtesy: DSME

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

read more →

Navig8 Product Tankers Takes 1st Newbuild from CSSC Offshore

Image Courtesy: Navig8 Tankers

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

read more →

Korean Register Expands Foothold in Iran

Image Courtesy: KR

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

read more →

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 ...

read more →

APL Axes CO2 Emissions

Image Courtesy: APL

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

read more →

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


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

read more →

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 ...

read more →

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 ...

read more →

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 ...

read more →

BW LPG Brings Aurora Stake to 19.5 Pct

Image Courtesy: BW LPG

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

read more →

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 ...

read more →

Spotted: New Constant Joins CMES’ Ranks

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

read more →