STX Shipbuilding in Talks to Cancel Vessel Orders

Image Courtesy: STX Shipbuilding

South Korean shipbuilding company STX Offshore & Shipbuilding Co. has initiated discussions to terminate ...

read more →

Gorgon LNG Plant Evacuated after Gas Leak

Image Courtesy: Chevron

The workers at the Gorgon liquefied natural gas (LNG) project in Australia were evacuated following a gas leak at ...

read more →

NASSCO to Build Six Oilers for US Navy

Image Courtesy: GD NASSCO

US shipbuilder General Dynamics NASSCO has received a contract for the detailed design and construction of six John ...

read more →

IMO's VGM Rules for Containers Come into Force

Image Courtesy: Northwest Seaport Alliance

A new regulation requiring the gross mass of a container to be verified before it is loaded onto a ship enters into ...

read more →

New Panama Canal Brings US LNG Closer to Asia

Image Courtesy: MOL

The newly expanded Panama Canal has significant implications for LNG trade, reducing travel time and transportation ...

read more →

Fincantieri Delivers Seven Seas Explorer Cruise Ship

Image Courtesy: Fincantieri

Miami-headquartered cruise line Regent Seven Seas Cruises, a brand of Norwegian Cruise Line Holdings, has taken ...

read more →

Paris MoU Sees Less Bans in 2015

Image Courtesy: Paris MOU

Paris MoU saw a large decrease in the refusal of access or bans in 2015 – 11 bans compared to 20 in the ...

read more →

Demolition of Panamax Containerships Spikes

Image Courtesy: NGO Shipbreaking Platform

Demolition of containerships almost tripled in the first five months of 2016 in comparison to the same period of ...

read more →

Diana Sends Panamax on Charter with Nidera

Image Courtesy: Diana Shipping

Greek dry bulk shipping company Diana Shipping has entered into a time charter contract with Nidera S.P.A., Roma, ...

read more →

BP Tanker First to Ship LNG through Panama Canal

Image Courtesy: BP Plc

The liquefied natural gas tanker British Merchant, owned by UK-based oil and gas major BP Plc, will be the first ...

read more →

Gener8 Maritime Changes Loan Terms to Finance Two Newbuilds

Image Courtesy: Gener8

US-based Gener8 Maritime has entered into an amendment to an existing senior secured credit facility to finance the ...

read more →

HSH Nordbank Offloads Billions Worth of Bad Shipping Loans

Image Courtesy: MOL

Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance, transferred a ...

read more →

Cosco Opens Central America and Panama Business Lines

Image Courtesy: Cosco Shipping

Cosco China Shipping Group has launched two new lines of business, namely, COSCO Shipping Lines (Central America) ...

read more →

Piraeus Port Privatization Hits a Snag

Image Courtesy: Piraeus Port Authority

The sale of the Greek port of Piraeus has encountered a hurdle as China’s port operator Cosco Group (Hong Kong) ...

read more →

Tanker Pierces Bow after Hitting Sailboats off Maine

Image Courtesy: Shipspotting

Panama-flagged tanker Chem Venus allided with three moored sailboats on June 29 at the mouth of the Piscataqua ...

read more →

Port of Tanjung Pelepas in USD 2 Bn Capacity Expansion

Image Courtesy: PTP

Port of Tanjung Pelepas (PTP), Malaysia’s biggest single port operator and member of MMC Group, is to invest ...

read more →

Xeneta: Brexit Brings Gloomy Days for Container Shipping

Image Courtesy: Hapag-Lloyd

The UK’s decision to leave the European Union will have a negative impact on all parties involved in the container ...

read more →

Nordic Sirius Handed Over to NAT

Image Courtesy: NAT

New York-listed tanker owner Nordic American Tankers (NAT) has taken delivery of the Nordic Sirius, the third in a ...

read more →

LPG Carrier Explodes in Gulf of Thailand, Four Injured

explosion fire

Four people out of a crew of ten were hospitalized after the LPG carrier Pattarawadee 12 exploded in the Gulf of ...

read more →

UASC's Shareholders Give Nod to Merger with Hapag-Lloyd

Image Courtesy: UASC

Dubai-based container shipping firm United Arab Shipping Company S.A.G. (UASC) informed that all six of its ...

read more →

Armed Pirates Board Tanker in Indonesian Waters

Image Courtesy: Interpol

Ten armed pirates boarded a tanker while it was underway some 26 nautical miles off the Indonesian Mangkai Island ...

read more →

BIMCO: Oil Product Tanker Earnings in Decline

Image Courtesy: Damen

Oil product tanker earnings are the lowest since Q3 of 2014 and could drop even further but there is still money to ...

read more →

Star Bulk Sees Worst Quarter in 30 Years

Image Courtesy: Star Bulk

Athens-based dry bulk shipping company Star Bulk Carriers Corp. reported its net loss reached USD 48.8 million for ...

read more →

Seaspan Buys Boxship Newbuilding Duo from GCI

Image Courtesy: Seaspan Corporation

Hong Kong-based container ship owner and operator Seaspan Corporation has bought two newbuilding 11,000 TEU vessels ...

read more →

Gener8 Maritime Adds 11th ECO VLCC

Image Courtesy: YouTube/Screenshot

Crude oil shipping company Gener8 Maritime has taken delivery of another ECO VLCC, the Gener8 Constantine, from ...

read more →

Transpetro Crosses Off Seven Newbuilding Orders

Image Courtesy: Transpetro

Brazil’s oil and gas transportation company Transpetro, a subsidiary of Petrobras, has decided to abandon ...

read more →

Nautilus Questions UK Chamber's Neutral Stance on Brexit

Image Courtesy: Nautilus

Nautilus International, the UK-based global trade union representing maritime professionals, is criticizing the UK ...

read more →