Drewry: China Slowdown Hurting Container Volumes

China Slowdown Hurting Container Volumes

The risks from a slowdown in Chinese consumption to container shipping are far smaller than for the dry bulk ...

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Donggi Senoro LNG Project Ships First Cargo

Donggi Senoro LNG Project Ships First Cargo

The first liquefied natural gas (LNG) cargo from Indonesia’s USD 2.9 billion Donggi Senoro LNG Project ...

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Boxships Collide in Port Klang

Boxships Collide in Port Klang

Two container ships collided while one of the vessels was performing berthing maneuvers in Westport harbor at Port ...

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Nantong Tongbao Nabs Order for Eight Chemical Tankers

Nantong Tongbao Nabs Order for Eight Chemical Tankers

China’s Nantong Tongbao Shipbuilding has signed agreements with Shanghai Dingheng Shipping and Xiamen Xiangyu ...

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Mingde Heavy Declares Bankruptcy

Mingde Heavy Declares Bankruptcy

Tongzhou District People’s Court in Nantong officially declared Nantong Mingde Heavy Industry bankrupt on July 31, ...

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Readers’ Picks of the Week (27-31 of July)

Readers' Picks of the Week (27-31 of July)

Egypt Says New Suez Canal Ready for Business New Suez Canal is completed and ready to officially receive its first ...

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Cosco Slides to Loss

Cosco Slides to Loss

Singapore-based Cosco Corporation Limited, an investment holding company engaged in ship building, marine ...

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Yinson Takes Majority Stake in Premuda’s FPSO

Yinson Takes Majority Stake in Premuda's FPSO

Malaysian Yinson Holdings Berhad and Italy’s Premuda S.P.A. have, through two of their wholly-owned ...

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SHI Cuts Steel for SCF’s Third Arctic Shuttle Tanker

SHI Cuts Steel for SCF's Third Arctic Shuttle Tanker

Korean shipyard Samsung Heavy Industries (SHI) held a steel cutting ceremony for the third ship ordered by Russian ...

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CSCL Places USD 934m Order for Eight 13,500 TEU Boxships

CSCL Places USD 934 Million Order for Eight 13,500 TEU Boxships

Shanghai-listed China Shipping Container Lines (CSCL) has placed an USD 934.4 million order with Shanghai Jiangnan ...

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Over Half of Ships Scrapped in South Asia

Over Half of Ships Scrapped in South Asia, Six Fatal Accidents

Out of 213 vessels sold for breaking during the second quarter of 2015, more than half -136 ships- ended their ...

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Vale Seals VLCC Deal with China Merchants

Vale Seals VLCC Deal with China Merchants

Brazilian mining giant Vale S.A. (Vale) and China Merchants Energy Shipping Co. Ltd. (China Merchants), a ...

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Five Consortia in the Race for Davao Sasa Modernization

Six Firms in the Race for Davao Sasa Modernization

Six companies have expressed interest in bidding for the Davao Sasa Modernization Project, the ...

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NOL Posts USD 890 Million Quarterly Net Profit

NOL Posts USD 890 Million Quarterly Net Profit

Singapore-based NOL Group reported USD 890 million net profit for the quarter ended June 30, USD 887 million of ...

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New Wave of FLNG Projects Imminent

New Wave of FLNG Projects Imminent

 A significant growth in both investment and activity in the floating liquefied natural gas (FLNG) market is ...

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NLNG to Take Delivery of Its Newbuild Quartet by Year-End

NLNG to Take Delivery of Its Newbuild Quartet by Year-End

The fleet of Nigeria Liquefied Natural Gas Company (NLNG) is about to be joined by four LNG carriers before ...

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Pan Ocean Exits Rehabilitation

Pan Ocean Exits Rehabilitation

Seoul Central District Court has approved the completion of rehabilitation procedure of South Korean bulk shipping ...

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DSME Takes Songa Offshore to Arbitration

Songa Equinox

South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) is seeking arbitration against ...

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Scorpio Tankers in Potential USD 536 Million Newbuilding Deal

Scorpio Tankers In Potential USD 536 Million Newbuilding Deal

Scorpio Tankers has ordered two MR product tankers and two Handymax product tankers at South Korea’s Hyundai ...

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Korean Big Three Hit Hard in Q2

Korean Big Three Hit Hard in Q2

South Korean shipbuilding giants Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) ...

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”K” Line Fixes Two LNG Carriers

''K'' Line Fixes Two LNG Carriers

”K” Line LNG Shipping (UK) Limited (K-LNG), a subsidiary of Japanese Kawasaki Kisen Kaisha ...

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Infographic: Casualties in 2015

Trumpet 29 07 15 Press Version - Final - 605 x 300px (2)

Opting for a job at sea may turn out to be rewarding at times as it offers the opportunity to venture out into the ...

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CSDC and CSCL Receive USD 169m in Scrap-and-Build Subsidies

CSDC and CSCL Receive USD 169m in Scrap-and-Build Subsidies

China Shipping Development Company (CSDC) and China Shipping Container Lines (CSCL) have received a combined ...

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Wan Hai Lines Tops Reliability Poll

Wan Hai Lines Tops Reliability Poll

Taiwanese carrier Wan Hai Lines has beaten Danish container shipping giant Maersk, taking the lead as the most ...

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Seaspan Quadruples Quarterly Net Profit

Seaspan Quadruples Quarterly Net Profit

Hong Kong-headquartered containership owner Seaspan Corporation improved its net earnings by 306% in the second ...

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Another Behemoth Joins CMA CGM’s Fleet

Another Behemoth Joins CMA CGM's Fleet

French liner company CMA CGM Group took delivery of the CMA CGM Vasco de Gama on July 27th from China State ...

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First Ever Fully Laden Valemax Calls at Chinese Port

First Ever Fully Laden Valemax Calls at Chinese Port

The first-ever fully laden Valemax ore carrier discharged iron ore at a Chinese port over the weekend, according to ...

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