Navig8 Product Tankers Takes Fifth Tanker from GSI

Illustration. Source: Navig8 Group/YouTube

Petroleum products shipping company Navig8 Product Tankers has taken delivery of the Navig8 Goal, a 113,000 DWT LR2 ...

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Norden Hits Mother Lode in the Philippines

Image Courtesy: Norden

Danish shipping company Dampskibsselskabet Norden A/S has entered into a 10-year contract to transport 20-24 ...

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Rolls-Royce Axes 800 More Jobs at Marine Business Unit

Image Courtesy: Rolls-Royce

Rolls-Royce plans to lay off 800 more workers from it Marine business throughout 2016 and 2017 citing ...

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MSC, HMM Jointly Bid for Hanjin's Stake in POLB Terminal

Image Courtesy: Port of Long Beach

Swiss-based container shipping major, Mediterranean Shipping Company (MSC), and South Korea’s carrier, ...

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Report: HMM to Join 2M Alliance by Year End?

Image Courtesy: Hyundai Merchant Marine

South Korean container carrier Hyundai Merchant Marine (HMM) is expected to ink a deal to join Maersk Line and ...

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Fitch Predicts More M&A Activity, Defaults in 2017

Image Courtesy: Hanjin Shipping

Muted demand growth will exacerbate overcapacity for the shipping sector in 2017, putting pressure on freight rates ...

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Putting the Squeeze on Terminal Operators Could Backfire

Image Courtesy: Kalmar

Container shipping lines are in danger of putting future port investment at risk in their demands for terminal ...

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Report: SM Could Ask HMM to Jointly Buy Hanjin's US Terminal

Image Courtesy: APM Terminals; Illustration

SM Group, owner of South Korea’s shipping company Korea Line Corp., may propose a joint acquisition of Hanjin ...

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Third BigRoll Module Carrier Leaves Cosco Dalian Shipyard

BigRoll Bering. Image courtesy: BigRoll Shipping

The Netherlands-based BigRoll Shipping has taken delivery of the third of four MC-Class module carriers, the ...

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Kyokuyo Shipyard Delivers Third Epic LPG Carrier

Epic Samos. Image Courtesy: Epic Gas

Singapore-based owner and operator of pressurised gas carriers, Epic Gas Ltd, has taken delivery of the third in ...

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Carbon Warriors Launch Free Ship Operational Efficiency Tool

carbon-warriors-launch-free-ship-operational-efficiency-tool

Carbon War Room, exactEarth, and University Maritime Advisory Service (UMAS) have launched BetterFleet, a ...

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K Line Improving Asia-Chennai Links

Image Courtesy: K Line

Japanese shipping company Kawasaki Kisen Kaisha (K Line) plans to launch containership service Asia Chennai Express ...

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ABS Joins LNG Coalition

Image Courtesy: ABS

Houston-headquartered classification society ABS has joined the SEA\LNG coalition whose objective is to accelerate ...

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Trident Challenger Put Up for Auction in Singapore

Image Courtesy: Shipspotting

The 2010-built bulk carrier Trident Challenger, which was arrested in early September, has been put up for auction ...

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Hong Kong Gov't to Enforce New Anti-Fouling Regulation

Image Courtesy: Marine Department/Government of the Hong Kong Special Administrative Region of the People's Republic of China

On January 1, 2017, the Government of the Hong Kong Special Administrative Region of the People’s Republic of ...

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Teekay Cuts Steel for Second Yamal LNG Icebreaker

Owner and operator of liquefied natural gas (LNG) carriers Teekay LNG Partners held a steel cutting ceremony for ...

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Report: Woori Bank Disposes of Four Hanjin Tankers

Image Courtesy: Hanjin Shipping

South Korea’s Woori Bank has sold four tankers owned by bankrupt Hanjin Shipping for USD 58.6 million, aiming ...

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Drewry: Oversupply Persists in Asia-Mediterranean Trade

Image Courtesy: BSM

The withdrawal of Hanjin Shipping’s tonnage has not been enough to rectify the Asia-Mediterranean ...

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Mercator Limited Sells Two Panamax Bulkers

Illustration; Image Courtesy: Mercator Limited

Mumbai-based company Mercator Limited has decided to sell two of its Panamax bulk carriers for a total of USD 13.2 ...

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Navig8 Product Tankers Takes Delivery of LR1 Tanker

Image Courtesy: Navig8 Product Tankers

Petroleum products shipping company Navig8 Product Tankers Inc. has taken delivery of a 74,000 dwt LR1 tanker, the ...

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HMM Selected as Preferred Bidder for Hanjin's Spain Terminal

Image Courtesy: Total Terminal International Algeciras

South Korean shipping giant Hyundai Merchant Marine (HMM) has been selected as the preferred bidder for a terminal ...

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India Approves Introduction of Merchant Shipping Bill 2016

Image Courtesy: JNPT

India’s revamped Merchant Shipping Bill 2016 is expected to simplify the law governing merchant shipping in ...

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COSCO Shipyard to Take Over Wartsila's Stake in COSCO STA

Image Courtesy: COSCO Shipyard Group

COSCO Shipyard Group (CSG) has inked an equity transfer and joint venture termination agreement with Wartsila ...

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ESL Shipping Secures Funds for New LNG-Powered Bulkers

Image Courtesy: ESL Shipping

Finnish dry bulk shipping company ESL Shipping has entered into EUR 50 million (USD 52.9 million) agreements to ...

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K Line Adds New RoRo Service on Thailand - Australia Route

Image Courtesy: K Line

Japan’s shipping company Kawasaki Kisen Kaisha (K Line) has decided to enhance its RoRo service in Thailand ...

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Youngest Ever Containership Sent to Scrapyard?

Image Courtesy: Rickmers Maritime

A landmark deal was undertaken today in the containership industry as the youngest ever containership was ...

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