Sustainability in the heavy lifting industry

Cost efficiency and sustainability, two topics that are frequently discussed in the offshore and maritime industry. There are many developments and innovations going on in this area.

Brokers: Vale Tied to Up to 30 New Valemaxes

Brazilian miner Vale has been linked to a time charter deal for up to 30 Valemax newbuilds contracted from seven ...

read more →

CMA CGM Confirms CSSC Yards for 22,000 TEU Giants

French shipping firm CMA CGM and CSSC Group have officially signed the contract for the construction of nine 22,000 ...

read more →

The Post-Hanjin Era: Freight Rate Truce Is Over

It has taken a whole year for all of the idle ships of South Korean defunct shipping company Hanjin Shipping to be ...

read more →

More Troubles for DSME’s Orderbook?

South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) said on Monday that its Memorandum of ...

read more →

Spotted: Ailsa's Hull Hits the Water

The floating storage and offloading (FSO) unit Ailsa undocked last week in Singapore, marking the first time the ...

read more →

Diana Shipping Secures Higher Rate for Panamax

Greek dry bulk shipping company Diana Shipping has secured a charter contract for one of its Panamaxes at a higher ...

read more →

Lingering Effect of Industry Slump on Korea's Shipbuilders

South Korean big three shipbuilders Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo ...

read more →

Video: River Conveyance of World Dream

World Dream, the second cruise ship built for Asian cruise line Dream Cruises, left Meyer Werft Shipyard in ...

read more →

SCI Breaks 6 Mn Deadweight Mark with BW's VLGC

The Shipping Corporation of India Ltd (SCI)  has taken delivery of a 2001- built second-hand very large gas carrier ...

read more →

GAIL India Hires LNG Carrier from Total

India’s gas utility company GAIL has chartered in an LNG tanker from French oil and gas company Total SA to ...

read more →

Malaviya Seven to Be Finally Auctioned Off

Aberdeen Sheriff Court has ordered the sale of the India-owned platform support vessel Malaviya Seven, which has ...

read more →

Spotted: 3 Millionth ZIM Container in DaChan Bay Terminal

Israeli shipping company ZIM recently marked the milestone – the 3 millionth container was brought onboard a ...

read more →

Sea Hub Tankers Defaults on Sea Tanker I Demise Charter Deal

ES Shipping, a subsidiary of Singapore’s ES Group, has terminated the demise charter contract with compatriot ...

read more →

India Secures Loan to Upgrade Alang Recycling Yard

The Government of India has signed a loan agreement worth USD 76 million for a project to upgrade the environment ...

read more →

DP World to Quit Operating Deal for Indonesia's TPS

UAE’s port developer DP World has decided not to renew its operating contract for PT Terminal Petikemas Surabaya ...

read more →

COSCO Ship Sails from China to Russia via NSR

Last week, Port Bronka in St. Petersburg welcomed Lian Hua Song, a multi purpose ship operated by COSCO, which ...

read more →

DP World Interested in Hong Kong's Cruise Terminal Business

Dubai-based port operator DP World is interested in exploring Hong Kong’s cruise terminal business. The ambition ...

read more →

MPA Expands Search Area for Missing Dredger Crew

The total search area for the three missing crew of dredger JBB De Rond 19 was expanded on September 13, according ...

read more →

Trafigura Sets Sights on FSRU for Pakistani LNG Imports

Commodities trader Trafigura plans to develop a second liquefied natural gas (LNG) import terminal project in ...

read more →

NYK to Use Binary Cycle Power Generation on New Panamax

Japanese shipping company Nippon Yusen Kaisha (NYK) intends to deploy a binary cycle power generation system on a ...

read more →

CSIC Taking Stake in Two Subsidiaries

China Shipbuilding Industry Corporation (CSIC) is buying stakes in two of its subsidiaries, namely Dalian ...

read more →

Asian LR Tanker Rates Shoot Up

Asian long range (LR) tanker market has seen a surge in rates following the Hurricane Harvey amid heightened demand ...

read more →

Clarksons: The Changing Nature of Orderbook

A substantial decline in size of the orderbook left many yards struggling to secure contracts as state-backed ...

read more →

China Driving Dry Bulk Shipping Market’s Recovery

Sentiment among dry bulk ship owners seems to be at a new high as Baltic Dry Index (BDI) hit a 34-month record at ...

read more →

Hong Kong, UK Agree on Stronger Maritime Ties

Representatives of the British and Hong Kong maritime business sectors have signed an agreement to forge a closer ...

read more →

Secondhand Containership Sales at Record Level

The volume of secondhand containership sales reported in the first eight months of 2017 totalled 0.75 million TEU, ...

read more →

Five Missing in Collision off Singapore

Five seafarers are mising following a collision between a 30,747 dwt tanker Kartika Segara and a ...

read more →