Jinhui Shipping Sells One More Bulk Carrier

Image Courtesy: Jinhui Shipping and Transportation Limited

Hong Kong-based shipping company Jinhui Shipping and Transportation Limited has entered into a memorandum of ...

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Drewry: Hanjin's Misfortune Leaves Gap at THE Alliance

Image Courtesy; WSC

Following the bankruptcy of South Korea’s container carrier Hanjin Shipping, the proposed carrier grouping ...

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Toll Orders Two RoRo Ships at Jinling Shipyard

Image Courtesy: Toll Group

Melbourne-headquartered logistics provider Toll Group, part of Japan Post, has placed a AUD 170 million (USD 130 ...

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China Nods to Cruise Joint Venture

Image Courtesy: Carnival Corporation

Chinese central government has granted approval for a cruise joint venture between Carnival Corporation, China ...

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Hanjin Has Enough Cash to Cover Offloading Costs

Image Courtesy: Hanjin Shipping

Cash held by Hanjin Shipping, coupled with commitments from the company’s leading shareholder, the leading ...

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Rising Large Marine Losses Could Prove Too Much for Insurers

rising-marine-losses-could-prove-too-much-for-insurers

The increasing number of large marine losses can potentially put severe financial strain and overwhelm insurance ...

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VIDEO: Genting Dream Squeezes Through the Ems

Image Courtesy: Genting Hong Kong

Genting Hong Kong has shared a video of the river conveyance of Genting Dream, the first ship built for the Dream ...

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Fincantieri and CSSC Ink Agreement for First Chinese ...

Image Courtesy: Carnival Corporation

Italian shipbuilder and ship designer Fincantieri and China State Shipbuilding Corporation (CSSC) signed a ...

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Report: German Ports Open to Stranded Hanjin Boxships

Hanjin Gold at the Port of Hamburg. Image Courtesy: HHM / Dietmar Hasenpusch

South Korea’s financially troubled ocean carrier Hanjin Shipping has been cleared to unload and load ...

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Sirius Orders Two Tankers at AVIC Dingheng

Image Courtesy: FKAB

Swedish shipping company Sirius Shipping has placed an order for two 7,999 dwt oil/chemical tankers at ...

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MPC Capital Sells M-Star Boxship Fleet

Image for illustrative purposes only.

MPC Maritime Investments GmbH, a subsidiary of German asset and investment manager MPC Capital AG, has arranged the ...

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Peter Döhle, Sirius Start Crew Management JV in Manila

Image Courtesy: ETCC

German shipping company Peter Döhle Schiffahrts KG and Genoa-based Sirius Ship Management have joined forces to ...

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Rickmers Floats Revised Debt Restructuring Plan

Image Courtesy: Rickmers Maritime

Rickmers Trust Management, the trustee-manager of the container ship owner and operator Rickmers Maritime, has ...

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Topaz Returns to Vard for More Module Carriers

Image Courtesy:  Vard

Norwegian shipbuilder and ship designer Vard Holdings Limited has secured a contract for the design and ...

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India's Ports Increase Discount for RoRo Ships

Illustration; Image Courtesy: NYK

In an effort to promote its shipping industry, the Indian Ministry of Shipping has decided to offer a discount ...

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IUMI Calls for More Action to Tackle Containership Fires

Image Courtesy: Polizei Hamburg

Two recent onboard containership fires have fueled concerns from International Union of Marine Insurance (IUMI) ...

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Alphaliner: RMT Reaches List of Owners with Toxic Ships

Image Courtesy: Rickmers Maritime

Singapore-listed containership owner and operator Rickmers Maritime Trust (RMT) has become the latest casualty in a ...

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DP World Australia Gets A3 Consortium's Shipping Services

Image Courtesy: DP World Australia

Australia’s largest stevedore, DP World Australia, has been awarded seven of nine port calls on the A3 consortium’s ...

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ABTO Sheds Light on Cargo Liquefaction Dangers at Terminals

ABTO Chief Executive Ian Adams speaking to ICHCA members last week in London

The Association of Bulk Terminal Operators has warned that cargo liquefaction, an issue commonly associated with ...

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BW LPG Goes After Aurora

Image Courtesy: BW LPG

Singapore-based BW LPG Limited will launch a voluntary tender offer for all of the remaining shares in Aurora LPG ...

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IUMI: Marine Insurance Market Faces Uncertain Future

tianjin

Global marine underwriting premiums in 2015 amounted to USD 29.9 billion, down by 10.5% compared to the 2014 ...

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BW LPG Ups Stake in Aurora

Image Courtesy: BW LPG

Singapore’s gas carrier owner BW LPG has acquired an additional 10.12% stake in Oslo-listed Aurora LPG, pushing its ...

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Drewry: Specialised Reefers Punching above Their Weight

Image Courtesy: Siem Shipping

Tonnage provision and forecast cargo share for the specialised reefer ships will continue to reduce in coming ...

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Hanjin's Rivals to Benefit from Higher Freight Rates

Image Courtesy: Hanjin Shipping

The disruption to cargo services made by South Korea-based Hanjin Shipping has pushed up spot freight rates ...

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Readers' Picks of the Week

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BIMCO: Lowest Level of Newbuilding Contracts in 20 Years Shipyards become the next victim of the deteriorating ...

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Clarksons: Shipyards Struggling to Remain Active

Image Courtesy: HHI

The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 ...

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Navig8 Chemical Inks Sale and Leaseback for Tanker Duo

Image Courtesy: Navig8 Chemical Tankers

Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has entered ...

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