Nasdaq Warns Diana Containerships

Greece-based containership owner Diana Containerships has breached the minimum bid price requirement of USD 1 per ...

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Rickmers Trust Wraps Up Sale of First Five Ships to Navios

Cash-strapped Rickmers Trust Management, Singapore-based trustee-manager of Rickmers Maritime, has completed the ...

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US Ports Get Funds for Deepening Projects

The US is investing in deepening projects to allow for the arrival of ever bigger ships in its ports, according to ...

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Dubai Mulls USD 1 Billion Shipping Investment Fund

Dubai Maritime City Authority (DMCA) is considering setting up a USD 1 billion fund to boost investments in ...

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Odfjell Admits to Violating US Probation

Singapore-based Odfjell Asia II Pte Ltd, which was convicted in 2014 of violating the Act to Prevent Pollution from ...

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Navios Holdings Sees Red Ink

Greek shipping firm Navios Maritime Holdings widened its net loss in the first quarter of 2017, reaching USD 48.7 ...

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Boxship Captain Commits Suicide During Transatlantic Voyage

A captain of a container ship has apparently committed suicide during a voyage from New York, United States to ...

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Port Everglades Gets Nod for USD 438 Million Expansion

Florida’s Port Everglades has received unanimous approval from the Broward County Board of County ...

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OOCL France Becomes Largest Ship to Transit Panama Canal

Image Courtesy: Panama Canal Authority The Panama Canal welcomed the 13,208 TEU OOCL France on May 24, the largest ...

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Better Rates Reduce Star Bulk’s Loss

Improved charter rates helped the Greek dry bulk shipping company Star Bulk Carriers reduce its net loss by more ...

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Coldharbour, Sembcorp Marine Ink BWTS Agreement

Coldharbour Marine, a developer of ballast water treatment systems (BWTS) for large tankers, bulkers and LNG ...

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Gulf Majors Linked to UACC Acquisition

Several Gulf-based shipping companies have been identified as potential bidders interested in taking a stake ...

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Newbuild Suezmax Tanker Joins DryShips’ Fleet

Athens-based shipowner DryShips has taken delivery of the 159,855 deadweight tons newbuilding Suezmax tanker. The ...

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Vessel Calls from Oakland to Southeast Asia Up by 50 Pct

The Port of Oakland has assumed a more prominent role in Southeast Asian trade, the port’s executive director ...

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Keel Laid for Norwegian Bliss

German shipbuilder Meyer Werft has held a keel laying for Norwegian Cruise Line’s latest newbuilding, the ...

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Somali Pirates Seize Fishing Boat to Target Bigger Ships

A group of Somali pirates hijacked an Iranian fishing vessel on Tuesday which will most probably be used as a ...

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Scorpio Tankers Prices Shares

Monaco-based tanker owner Scorpio Tankers has priced its previously announced underwritten public offering of ...

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Hapag-Lloyd Merges with United Arab Shipping Company

German liner shipping company Hapag-Lloyd and its UAE-based counterpart United Arab Shipping Company (UASC) merged ...

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Throughput Rises at Port of Hamburg as Bulk Cargo Shines

Total throughput at Germany’s busiest port, the Port of Hamburg, increased by 1.7 percent in the first ...

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New Forestal Gaia Enters Service

Tokyo-based Kawasaki Kisen Kaisha (“K” Line) took delivery of Forestal Gaia woodchip carrier from Tsuneishi ...

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Nor Lines, Rolls-Royce Ink "Power-by-the-Hour" Service Deal

Norwegian shipping company Nor Lines and UK-based engineering company Rolls-Royce have signed a “Power-by-the-Hour” ...

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Stolt-Nielsen Orders 2+3 LNG Carriers at Keppel Singmarine

Singapore-based Keppel Singmarine has secured a contract worth a total of SGD 103 million (USD 74.2 million) to ...

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Port of Seattle, NCLH Open Bell Street Cruise Terminal

The Port of Seattle and Norwegian Cruise Line Holdings (NCLH) have opened the renovated Bell Street Cruise Terminal ...

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New Shuttle Service to Combat Congestion in Shanghai

Logistics company Kuehne + Nagel signed a strategic cooperation agreement with Jiangsu Taicang Port Authority and ...

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GOGL Still in The Red

Dry bulk shipping company Golden Ocean Group Limited (GOGL) managed to narrow its net loss in the first quarter of ...

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Trump Kills Off TIGER in FY 2018 Budget Request

The U.S. president Donald Trump’s fiscal 2018 budget request calls for a reduction in financial support to most ...

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Höegh Giant Staying Busy ahead of Ghana Contract

Norway-based Höegh LNG has chartered out the recently delivered Höegh Giant to an unnamed trader for short-term ...

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