Maersk Line to Buy Hamburg Süd for USD 4 Bn

The Denmark-based shipping giant Maersk Line and German carrier Hamburg Süd, a part of the Oetker Group, have ...

read more →

Spotted: New LEG Carrier Named on Teesside

GasChem Beluga, a new liquefied ethylene gas (LEG) carrier operated by German companies Hartmann Reederei and ...

read more →

Russian Ship Sinks after Collision near Bosporus Strait

A Russian military vessel sank near the Bosporus strait following a collision with the Togo-flagged livestock ...

read more →

Norwegian Joy Delivered to NCL

Norwegian Cruise Line today took delivery of Norwegian Joy, the brand’s fifteenth ship and the first ...

read more →

China Revises White List, Adds Six Shipbuilders

Another six shipbuilders are set to enjoy financial support from China in the forthcoming period as they have been ...

read more →

Somali Pirate Sentenced to Life for Attack on US Navy Ship

A Somali pirate was sentenced to life plus 10 years in prison for engaging in piracy and committing other offenses ...

read more →

GOGL Expands Fleet with Dry Bulk Pair

Dry bulk shipping company Golden Ocean Group Limited (GOGL) has taken delivery of the first two dry bulkers from ...

read more →

Maersk Teams Up with Microsoft on Digitalization

Global transport and logistics powerhouse Maersk announced on Wednesday that it has joined forces with Microsoft ...

read more →

Mystic Eagle Joins Eagle Bulk Shipping's Fleet

US-based ship operator Eagle Bulk Shipping has taken delivery of the first of nine Crown-63 Ultramax dry bulk ...

read more →

Navios Midstream's 1Q Profit Cut

Monaco-based owner and operator of tankers Navios Maritime Midstream Partners recorded a net income of USD 4.5 ...

read more →

DryShips Eyes New Loans to Grow Fleet

Nasdaq-listed shipowner DryShips Inc. has fully repaid its remaining commercial loan facility worth USD 15.2 ...

read more →

DSME Rebounds with Strong Profits

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has managed to return to the black in ...

read more →

AIDA Cruises Takes Delivery of AIDAperla

German cruise line AIDA Cruises has taken delivery of AIDAperla, the twelfth ship in its fleet, from Mitsubishi ...

read more →

Sunflower Furano Handed Over to MOL Ferry

Japanese ferry operator MOL Ferry, part of Mitsui O.S.K. Lines (MOL), has taken delivery of newbuilding Sunflower ...

read more →

DP World Sees Encouraging Start to the Year

Dubai-based port and terminal operator DP World Limited has handled 16.4 million TEU across its global portfolio of ...

read more →

Seaspan Bullish on Containership Market Recovery

Hong Kong-headquartered containership manager and owner Seaspan Corporation delivered a net income of USD 40 ...

read more →

HHI Reaping Gains from New Shipbuilding Orders

South Korean shipbuilder Hyundai Heavy Industries (HHI) has reported an operating profit KRW 618.7 billion during ...

read more →

Hunter Maritime to Buy Five Bulkers from Oskar Wehr

The Marshall Islands-based Hunter Maritime Acquisition Corp. has decided to buy five Capesize dry bulk carriers in ...

read more →

Frontline Files New Complaint against DHT, BW Group

John Fredriksen-controlled tanker owner and operator Frontline has filed a complaint in the Marshall Islands ...

read more →

MES Hands Over Bulk Carrier Ocean Makmur

Japanese shipbuilder and ship designer Mitsui Engineering & Shipbuilding (MES) delivered the 60,000 dwt bulk ...

read more →

Poor TCE Rates Push Scorpio Tankers to Loss

Due to low time charter equivalent (TCE) rates, Monaco-based tanker shipping company Scorpio Tankers suffered a net ...

read more →

Diana’s Board Clears Purchase of Three Vessels

Board of directors of the Greek owner of dry bulk vessels Diana Shipping has approved the acquisition of three ...

read more →

Exmar, Vopak Drop FSRU Acquisition Plans

Antwerp-based operator of Floating Storage Regasification Units (FSRU) Exmar said that its deal with tank storage ...

read more →

Panama Canal’s LNGC Transits to Nearly Double by 2020

Panama Canal expects to see nearly doubling of liquefied natural gas (LNG) carrier transits through the waterway by ...

read more →

CMA CGM, Adani Team Up on Mundra Ports' New Terminal

CMA Terminals (CMAT), a part of French shipping giant CMA CGM, and India’s port developer Adani Ports and ...

read more →

Baltic Exchange Eyes LNG, Container Indices

London-based Baltic Exchange has unveiled plans to enhance maritime leadership role through the move into LNG and ...

read more →

Sharp Decline in Idling Boxships

As of 3 April 2017, the idle container shipping fleet stood at 0.97 million TEU, according to Alphaliner’s ...

read more →