Radioactive Container Found at Ashdod Port

Radioactive Container Found at Ashdod Port

Port workers at the Israeli Port of Ashdod were evacuated Monday after emergency teams discovered radiation ...

read more →

Navigator Sails to Increased Profit

Navigator Sails to Increased Profit

NYSE-listed gas shipping company Navigator Holdings has reported  revenue of USD 84.1 million for the three months ...

read more →

CMHI Issues USD 700 Million Notes to Boost Port Business

CMHI Issues USD 700 Million Notes to Boost Port Business

Hong Kong-listed China Merchants Holdings (International), a subsidiary of China Merchants Group, has ...

read more →

Cairn Mega Port Project Bad for Local Tourism

Cairn Mega Port Project Bad for Local Tourism

The Australian Marine Conservation Society (AMCS) has expressed concerns about the environmental and economic ...

read more →

Danaos Rakes In

Danaos Rakes In

Athens-based container ship owner Danaos Corporation reported USD 38 million net income for the quarter ended June ...

read more →

One Dead, Five Injured in Fire aboard Product Tanker

One Dead, Five Injured in Fire aboard Product Tanker

One person died and five were seriously injured when a product tanker carrying 29,000 tons of diesel oil caught ...

read more →

EGAS Goes to BW Gas for Second LNG Floating Import Terminal

EGAS Goes to BW Gas for Second LNG Floating Import Terminal

The Egyptian Natural Gas Holding Company (EGAS) has contracted Singapore-based BW Gas to provide Egypt with its ...

read more →

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 ...

read more →

Body Found on Ferry Ablaze off Hokkaido

Body Found on Ferry Ablaze off Hokkaido

Japan Coast Guard has found a body inside the ferry Sunflower Daisetsu, presumed to be the 44-year-old Kunihiko ...

read more →

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 ...

read more →

DP World Fights Off 750% Rent Hike at Port of Melbourne

DP World Blocks 750 Rent Hike at Port of Melbourne

Dubai-based port operator DP World has managed to negotiate a new 50-year tenure deal at the Port of Melbourne at a ...

read more →

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 ...

read more →

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, ...

read more →

Amur River Starts Sakhalin-2 Gig

amur river

The LNG carrier Amur River, operated by Russia’s Sakhalin Energy Investment Company, departed on his first ...

read more →

BG Group Starts Up Sixth FPSO in Santos Basin, Brazil

BG Group Starts Up Sixth FPSO in Santos Basin, Brazil

British multinational oil and gas major BG Group has reported first oil from the Cidade de Itaguaí floating, ...

read more →

Livestock Carrier Catches Fire off Crete

Livestock Carrier Catches Fire off Crete

A livestock carrier caught fire on August 1 off the Greek island of Crete while en route from Lebanon to ...

read more →

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 ...

read more →

TEN Ends Best Second Quarter in Years with a Bang

TEN Ends Best Second Quarter in Years with a Bang

Athens-based owner and operator of tankers and LNG carriers Tsakos Energy Navigation (TEN) has wrapped up its best ...

read more →

Law on Lifting US Oil Export Ban Heads to Senate Floor

U.S. Sen. Lisa Murkowski,

The U.S. Senate Energy Committee passed a bill aimed at lifting the ban on exporting domestic crude oil production. ...

read more →

Royal Caribbean Profit Up on Strong Dollar, Cheaper Fuel

Royal Caribbean Profit Up on Strong Dollar, Cheaper Fuel

Miami-based cruise line Royal Caribbean Cruises Ltd. reported a 26% increase in second quarter earnings, saying it ...

read more →

Cosco Slides to Loss

Cosco Slides to Loss

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

read more →

Japanese Shipping Heavy Hitters Post Improved Results

Japan's Shipping Heavy Hitters Post Improved Quarterly Results

Three largest Japanese shipping companies – Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) and Kawasaki ...

read more →

Ondimar Firms Order for Suezmax Quartet at Navantia

Ondimar Seals Order for Suezmax Quartet at Navantia

Spanish shipbuilder Navantia has inked a deal with its compatriot shipping company Ondimar Transportes Marítimos ...

read more →

Demand for LNG Carriers Drives MHI’s Profit Hike

Demand for LNG Carriers Drives MHI's Profit Hike

Tokyo-based Mitsubishi Heavy Industries (MHI) saw a hike in its shipbuilding generated profit for the first quarter ...

read more →

Wallenius Wilhelmsen Admits to Price Fixing in Africa

Wallenius Wilhelmsen Settles on Price Fixing

South African Competition Commission said that it has reached a settlement agreement with Norwegian shipping ...

read more →

Argus: Bigger Suez Does Not Guarantee Increased Traffic

Bigger Suez Canal Does Not Guarantee Increased Traffic

It is yet unclear whether the New Suez Canal will spur more traffic or better accommodate the major rise in ...

read more →

Gallery: Shell’s Icebreaker Passes through Protesters

Shell’s Icebreaker Passes through Protesters0

Royal Dutch Shell’s icebreaker Fennica has managed to squeeze through the protesting environmentalists in Portland ...

read more →