DHT Holdings Reaps VLCC Gains

Image Courtesy: DHT Holdings

Bermuda-based crude oil tanker owner and operator DHT Holdings reported annual net income of USD 105.3 million for ...

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Safe Bulkers Extends Facility Repayment by Two Years

Image Courtesy: Safe Bulkers

NYSE-listed dry bulk shipping company Safe Bulkers, Inc. has extended the term of its existing credit facility ...

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Boxship Giant Grounds on the Elbe River

Image Courtesy: Youtube

The 184,320 dwt containership CSCL Indian Ocean, one of the world’s biggest boxships, grounded on the Elbe ...

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Strong Tanker Market Pushes Ardmore’s Earnings

Image Courtesy: Ardmore Shipping

Owner and operator of mid-size product and chemical tankers Ardmore Shipping Corporation reported a net profit of ...

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Capital Product Partners Fixes Two Boxships

Image Courtesy: Capital Product Partners

Greek shipping company Capital Product Partners has signed charter employments for its two 8,266 TEU container ...

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IRISL Coming Back to Europe by End of the Month

Image Courtesy: IRISL

Islamic Republic of Iran Shipping Lines (IRISL) plans to return to Europe before the end of this month, with HDS ...

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Greek Port Strikes Get Prolonged

Image Courtesy: THPA

A new 24 hour general strike has been announced in Greece on 4 February by both public and private sector unions, ...

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No Orders for South Korean Shipbuilders in January

Image Courtesy: DSME

January was a very slow month for South Korean shipbuilders as the country’s big three failed to book any new ...

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MUA: CSL Melbourne's Aussie Crew Pressured to Leave Ship

Image Courtesy: MUA

The 16 Australian crew on board the CSL Melbourne have been locked out from accessing food, according to the ...

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18 Seamen Evacuated as Cargo Vessel Burns in Tonkin Bay

Image Courtesy: Youtube

A Mongolia-flagged bulk carrier South Star caught fire while moored in Tonkin Bay, Hai Phong, Vietnam, on February ...

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Daiichi Gets More Time for Rehabilitation Plan

Image Courtesy: Daiichi

Tokyo District Court has granted Japanese dry bulk shipping company Daiichi Chuo Kisen Kaisha an extension of the ...

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Kidnappings Double in 2015, IMB Says

Image Courtesy: Oceans Beyond Piracy (OBP)

As a result of five attacks off Nigeria, kidnappings doubled from nine in 2014 to 19 in 2015, the International ...

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Losses Drive Down Mitsui’s Full Year Forecast

Image Courtesy: MES

Japanese shipbuilder Mitsui Engineering & Shipbuilding (MES) has cut the financial forecast for fiscal year ...

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Port Hedland’s Volumes Down

Image Courtesy: Pilbara Ports

Australian port of Port Hedland has achieved a monthly throughput of 34.1 million tonnes (Mt) in January 2016, a ...

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HPH Trust Stays in the Black

Image Courtesy: HPH Trust

Despite the slow market conditions in 2015, the Singapore-listed container port business trust Hutchison Port ...

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Port of Los Angeles Falls Short on Pollution Cutting Test

Image Courtesy: Port of LA

The TraPac terminal at the Port of Los Angeles has failed to meet pollution-reduction targets introduced by the ...

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NRF: Strikes at East, Gulf Coast Ports Not the Way to Go

Image Courtesy: PANYNJ

The US National Retail Federation called on the International Longshoremen’s Association and the U.S. Maritime ...

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HHI Slashes NOx Emissions from Marine Engines

Image Courtesy: HHI

South Korea-based shipbuilder and marine engine maker Hyundai Heavy Industries (HHI) has produced the world’s first ...

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Tangible Reform of UK Ship Register Needed

UK Chamber of Shipping President, Tom Boardley

The government of the United Kingdom needs to deliver “real and tangible reform” of the UK Ship Register, UK ...

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Zenith Energy Buys Storage Terminal Facility in Amsterdam

Image Courtesy: Port of Amsterdam

Liquids and bulk terminaling company Zenith Energy has signed an agreement to acquire a liquids storage terminal ...

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World’s Largest Asphalt Carrier to Sail Under BV Class

Image Courtesy: Bureau Veritas

French classification society Bureau Veritas is classing the 37,000 dwt asphalt carrier Asphalt Splendor, recently ...

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RCL’s 2015 Earnings Up 42 Pct over 2014

Image Courtesy: RCL

Royal Caribbean Cruises Ltd. today reported adjusted earnings for 2015 worth USD 4.83 per share – up 42% over ...

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VIDEO: Cargo Vessel Towed to Safety after Engine Breakdown

RNLI/Alan Hoskin

A UK-flagged general cargo vessel Verity, which was left adrift off North Devon coast after its engine failed in ...

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Eimskip Hammers Out Wage Deal, Dodges Strike

Image Courtesy: Eimskip

Senior officers aboard Eimskip vessels have postponed their announced strike until mid February having reached a ...

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MSC Cruises Confirms Option for Two More Cruise Ships

Image Courtesy: MSC Cruises

Geneva-based cruise giant MSC Cruises has confirmed orders for two more cruise vessels to be built by STX ...

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Modern Express' Grounding Avoided, Ship Heading to Bilbao

Image Courtesy: French Navy

The danger of grounding of the ill-fated car carrier Modern Express has been avoided as the ship has been towed ...

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Pirates Kidnap Five Tanker Crew Members in Gulf of Guinea

Image Courtesy: Interpol

The 2003-built tanker Leon Dias was hijacked by pirates in the Gulf of Guinea, UK-based Clearwater Vessel Tracking ...

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