GSI Delivers Final Newbuilding to Navig8 Product Tankers

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

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Oshima to Build Bulker Pair for Taiwan Navigation

Taiwan Navigation Company (TNC) has been tied to the order of two Ultramax bulk carriers. The order was ...

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Top Six Largest Boxships

Starting with the latest addition to the global fleet of super-sized containerships, the recently-christened 21,413 ...

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Death Toll Climbs at Chittagong Shipbreaking Yards

Two workers lost their lives at the Chittagong shipbreaking yards in the last two weeks, bringing the total death ...

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Exmar LPG Inks Deal with HHI for LPG Carrier Newbuild

Exmar LPG, a joint venture of Exmar NV and Teekay LNG Partners, has reached an agreement with South Korean ...

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Unithai Shipyard to Operate Thailand's Largest Floating Dock

Thailand-based Unithai Shipyard and Engineering is about to put into operation a new floating dock for large ...

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Pirate Attack against Bulk Carrier Foiled in Gulf of Aden

The Liberian-flagged bulk carrier MV Lord Mountbatten was attacked by pirates on Tuesday, May 16 while under way ...

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Remains Found on Seabed Belong to Sewol Victim

South Korean authorities have identified a bone found at the Sewol sinking site in early May as belonging to one of ...

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Rickmers Maritime Noteholder Backs Down from Injunction

Rickmers Maritime seems to have dodged a bullet and can resume with the sale of its boxship fleet to Navios ...

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Thoresen Shipping Adds Secondhand Supramax

Thoresen Shipping Singapore (TSS), a subsidiary of Thoresen Thai Agencies, has purchased and taken delivery of the ...

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Rates for Small LPG Vessels to Strengthen Further

Vessel oversupply will persist in the LPG shipping market for the next two years, keeping freight rates under ...

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Report: Fire Erupts at SHI Geoje Yard

A fire erupted at Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea, on May 17, Yonhap News Agency ...

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Petronas, Gas4Sea Partners Team Up on LNG Bunkering

Malaysian oil company Petronas has signed a non-binding agreement with Gas4Sea partners, comprising Engie SA, ...

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BDI Drops below 1,000 Mark

The Baltic Dry Index (BDI) fell to 994 points on Monday, May 15, down by 20 points, tumbling again below the 1,000 ...

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COSCO Shipping Shutting Down Dormant Businesses

COSCO Shipping International (Singapore) has decided to strike off and formally dismiss two of its dormant ...

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ClassNK Launches Bunker Fuel Oil Analysis Service

ClassNK Consulting Service (NKCS), a subsidiary of Tokyo-based classification society ClassNK, has officially ...

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OOCL Christens 21,413 TEU OOCL Hong Kong

Hong Kong-based container carrier Orient Overseas Container Line (OOCL) held a naming ceremony for the 21,413 TEU ...

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Höegh Autoliners Scraps MV Höegh Triton

Norway’s car carrier owner and operator Höegh Autoliners has sold its 1988-built Pure Car and Truck Carrier ...

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DSME's Bailout on Track as Court Rejects Investors' Appeal

 South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) is finally on track to get its ...

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HMM Cuts Operating Loss

South Korean shipping company Hyundai Merchant Marine (HMM) posted an operating loss of KRW 131.2 billion (USD 117 ...

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COSCO Qidong Wins FSRU Deal

China’s COSCO (Qidong) Shipyard has entered into a contract with an unnamed European buyer to build a ...

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Rickmers Investor Contests Boxship Fleet Sale to Navios

The sale of fourteen boxships from Rickmers Maritime to shipping company Navios Partners Containers could be halted ...

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China Sparks World Container Traffic Boom

Preliminary data from Drewry’s Container Trades Statistics (CTS) indicates that world container traffic ...

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Asia - Oceania Trade Growth Slowing Down

The trade growth from Asia to Australasia is starting to slow down in 2017 with exports from North Asia taking the ...

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Cochin Shipyard Starts Building A&N Passenger Ships

India’s state-owned Cochin Shipyard Ltd has started constructing four passenger-cum-cargo vessels for Andaman ...

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Report: Authorities Raid SHI's Offices Again

Police officials have raided five offices of Samsung Heavy Industries (SHI) once again, following a crane incident ...

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