Tripp Levy: Baltic Trading Undervalued

Tripp Levy: Baltic Trading Undervalued

Shareholders of the dry bulk shipping company Baltic Trading Ltd. are not receiving the maximum value for their ...

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Strong US Dollar Cuts Both Ways

Strong US Dollar Cuts Both Ways

A rapidly appreciating US dollar is helping exporters in some trading nations but not all, Drewry Maritime Research ...

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Marathassa Confirmed as Source of English Bay Spill

MV Marathassa

Brand-new 81,000 DWT cargo ship named Marathassa has been confirmed as the source of the toxic bunker oil spill in ...

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Readers’ Picks of the Week (6-10 of Apr)

Readers’ Picks of the Week

Interview: Milaha Working to Sustain Growth Momentum Qatar Navigation (Milaha) Q.S.C, a shareholding company with ...

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Royal Caribbean Takes Delivery of Anthem of the Seas

Royal Caribbean Cruises CEO Richard D. Fain (pictured left) officially received the new ship from Meyer Werft Yard’s Managing Partner Bernard Meyer (pictured right)

Miami-based cruise line Royal Caribbean International has officially taken delivery of its 23rd ship, Anthem of the ...

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VIDEO: Panama Canal Expansion Enters Countdown Stage

Panama Canal Expansion Enters Count Down Stage

The Panama Canal expansion is entering its final construction stage having reached 88% completion. The third set of ...

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Norwegian Shipowners Less Optimistic

Norwegian Shipowners Less Optimistic About the Outlook

Norwegian shipowners have reported a downward shift in shipowner expectations for growth in turnover in 2015. As ...

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Owners Prefer Substandard Asian Shipbreaking Yards

shipbreaking

Out of 262 vessels sold for breaking during the first quarter of 2015, more than half (151 ships) ended up on ...

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BW LPG Orders Four Gas Carriers from DSME

BW LPG Orders Four Gas Carriers from DSME

BW LPG Limited has entered into ship building contracts for four Very Large Gas Carrier (VLGC) newbuildings with ...

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Toxic Oil Spill in English Bay, Cleanup Underway

Toxic Oil Spill in English Bay, Response Underway

A cleanup operation is underway of toxic bunker oil that was spilled from a ship in English Bay on Wednesday ...

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Rickmers Beats Forecast, Invests in Fleet Modernization

Rickmers Beats Forecast, Invests in Fleet Modernization

Hamburg-based Rickmers Group wrapped up the 2014 financial year with an overall improvement in the result versus ...

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Mexico Holding North Korean Ship to Comply with UN Rules

Mexico Holding North Korean Ship to Comply with UN Rules

Mexico is holding the North Korea-flagged freighter Mu Du Bong to comply with the country’s international ...

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Demand for Tanker Newbuilds Subdued

Demand for Tanker Newbuilds Subdued

Newbuilding contracting of tankers has slowed in the first quarter of the year to the lowest levels recorded since ...

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Lawyers Investigate Potential Breaches in Genco-Baltic Merger

Lawyers Investigate Potential Breaches in Genco-Baltic Merger

The Pennsylvania-based law office of Brodsky & Smith has launced an investigation into potential claims against ...

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MOAS Readying for 2015 Rescue Mission in the Med

moas

Search and rescue charity Migrant Offshore Aid Station (MOAS) is preparing to set sail on 2015 sea rescue mission ...

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Japan Still Keen on Building Seaport in Indonesia

Japan Still Keen to Build Seaport in Indonesia

Last week’s cancellation of the plan to build the Cilamaya port has not deterred Japan from its intention to ...

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Bahri Rakes In on Larger Fleet, Better TCE Rates

Bahri Rakes In on Larger Fleet, Better TCE Rates

The National Shipping Company of Saudi Arabia (Bahri) reported SAR 399 million (USD 106.4m) net profit for the ...

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12-Year-Old Girl Missing After Thai Ferry Catches Fire

12-Year-Old Israeli Girl Missing After Thai Ferry Catches Fire

A 12-year-old Israeli girl is missing after a passenger ferry exploded and caught fire off Thailand’s town of ...

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CHEC Bags USD 600 Million Ghana Port Deal

Chinese Company Bags USD 600 Million Ghana Port Deal

China Harbour Engineering Company (CHEC), an engineering contractor and a subsidiary of China Communications ...

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EU Reinstates Sanctions on Iranian Shipping Companies

EU Reinstates Sanctions on Iranian Shipping Companies

The European Union has reimposed sanctions on an Iranian bank and 32 of the country’s shipping companies on ...

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North Korea Threatens Action Over Freighter Held by Mexico

North Korea to Take Measures to Release Freighter Held by Mexico

A North Korea-flagged general cargo ship Mu Du Bong and its crew have been illegally detained in Mexico since July ...

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Hapag-Lloyd Suspends Bookings for Yemen

Hapag-Lloyd Suspends Bookings for Yemen

German carrier Hapag-Lloyd informed that it was temporary stopping bookings for Yemen amid intensifying safety ...

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NRF: Operation at US West Coast Ports Far from Normal

Operation at US West Coast Ports Far from Normal

Import cargo volume at U.S. major retail container ports is expected to rise 8 % this month over the same ...

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Investigative Committee: Greed Sank Russian Trawler

Greed Sank Russian Trawler

Greed and corruption are responsible for the death of at least 56 crewmembers of the Russian freezer trawler Dalniy ...

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Bahri Inks 10-Year Deal with South Korea’s S-Oil

Bahri Inks 10-Year Deal with South Korea's S-Oil

The National Shipping Company of Saudi Arabia (Bahri) has signed a Contract of Affreightment (COA) with South ...

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Genco and Baltic Trading Sign Merger Agreement

Genco and Baltic Trading Sign Merger Agreement

Dry bulk specialists Genco Shipping & Trading Limited and its subsidiary Baltic Trading Limited have entered ...

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MT Maritime Orders Four Chemical Tankers

MT Maritime Orders Four Chemical Tankers

The US-based chemical tanker operator MT Maritime has placed an order for four new vessels to be ...

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