ECSA: Shipping Remains a Solid Contributor to EU

The shipping industry’s total employment contribution has increased to 2.1 million people while the total GDP ...

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Drewry: Carriers Reluctant to Narrow Supply-Demand Gap

Amid a huge gap between supply and demand in the container shipping industry, carriers seem to be reluctant ...

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Port of Oakland to Rise Its Cranes

The Port of Oakland said that up to six 366-foot-tall cranes will soon be raised 27-feet higher as the port gets ...

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Vessel Losses - Sailing into Safer Times?

With the improved safety at sea, total vessel losses seem to be on a downward trajectory. 2016 marked the fewest ...

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BW LPG Posts Major Drop in 2016 Profit

Due to the difficult situation in the liquefied petroleum gas (LPG) market, Singapore’s gas carrier owner BW ...

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Georgia, Virginia File East Coast Terminal Deal with FMC

Georgia and Virginia port authorities have decided to join forces as they filed with the Federal Maritime ...

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Hurtigruten Hires ISS for Port Agency Services

Maritime and logistics service provider Inchcape Shipping Services (ISS) has received a global port agency contract ...

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Odfjell Inks Charter Deals for New Chemical Tankers

Norwegian shipping and tank terminal company Odfjell SE has entered into long term charter agreements for two new ...

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Milaha’s Yearly Profit Down by 35 Pct

Marine transporter Qatar Navigation (Milaha) has reported a drop of 35 percent in its net profit for the full year ...

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Sea Shepherd: Japanese Whale Poachers Expand Killing Fields

Japanese whale poachers have expanded their killing fields to twice as big as before, Sea Shepherd, marine ...

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CWR: Shipping Banks Face Climate Risk Exposure

Climate transition pathways could pose risks to the banks that hold USD 400 billion of global shipping debt, ...

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Update: Car Carrier Berths at Southampton after Fire

The US-flagged car carrier Honor was berthed at the Port of Southampton on February 24 after it caught fire in the ...

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Spain Approves Port Reform, Dockers to Go on Strikes

The Spanish Council of Ministers approved a royal decree on the port system reform on February 24. As a result, the ...

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Shipping Vulnerable to Regional Action on Cutting CO2

Unless the International Maritime Organization (IMO) makes significant progress as part of its CO2 reduction ...

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Lauritzen Secures New Financing

Danish shipping company J. Lauritzen Group has agreed upon main terms for a new financing package from banks and ...

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Car Carrier Catches Fire in English Channel

The US-flagged car carrier Honor caught fire in the English Channel in the early hours of Friday, February 24, ...

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COSCO Corporation’s Full-Year Loss Widens

COSCO Corporation (Singapore) Limited, a shipbuilding, marine engineering and dry bulk shipping group, saw a net ...

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Video: Tide Carrier Towed to Safety

Stricken barge carrier Tide Carrier that dragged anchor on Wednesday south of Bergen, Norway has been towed to ...

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LSC Sinks Deeper on Fleet Value Decline

Nasdaq Riga-listed tanker owner and operator Latvian Shipping Company (LSC) realised a net loss of USD 25.18 ...

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China COSCO to Buy Its Unit’s Shipyards

China COSCO Shipping Corporation plans to acquire shipyards owned by its subsidiary COSCO Corporation (Singapore) ...

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ABS First to Get EU MRV Credentials

Houston-based classification society ABS has received accreditation by Greece’s National Accreditation Body, the ...

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MOL Reshuffles Organization Again

Starting from April 1, 2017, Japanese shipping company Mitsui O.S.K. Lines (MOL) plans to restructure its ...

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Jinhui Sells Four Supramax Bulkers

China’s Jinhui Shipping and Transportation Limited has agreed to sell four Supramax bulk carriers to four ...

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USCG Detains Two Bulkers in Portland and Kalama

The US Coast Guard has set in motion a detention of the Panama-flagged bulk carriers Atlantic Ruby and Amber L ...

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First Teekay ECC Shuttle Tanker Starts Taking Shape

South Korea’s Samsung Heavy Industries has laid keel for Teekay’s first shuttle tanker newbuilding ...

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US Jury Convicts Two Green Sky Engineers in Magic Hose Case

A federal jury in Charleston, South Carolina, has convicted two chief engineers of the Liberia-flagged chemical ...

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