Lauritzen Bulkers Inks Its Longest Deal with Green Circle

Lauritzen Bulkers Inks Its Longest Deal with Green Circle

 Dansh shipping company Lauritzen Bulkers has signed its longest contract ever with US-based Green Circle Bio Energy involving transportation of 600,000 tonnes of wood pellets from the US to the UK and the European ...

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Clarksons Considering Acquisition of Platou

Clarksons Considering Acquisition of Platou

London-based shipbroker Clarkson PLC revealed that it is in talks with the board of RS Platou ASA regarding the ...

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Bunkering Operations in Singapore Undisrupted

Illustration

There has been no report of disruption to bunker supply and bunkering operations in Singapore,  the Singapore ...

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Two Missing after Cement Carrier Sinks off Philippines

Two Missing after Cement Carrier Sinks off Philippines

The captain and the crane operator of MV Vital 355, the cement carrier which sank off Philippines, remain missing ...

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Thoresen Shipping Launches New Pool

Thoresen Shipping Launches New Pool1

Owner and operator of dry bulk Supramax vessels Thoresen Shipping has launched a new commercial pooling service ...

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Interview: Starting Up the LNG Supply Chain

Starting Up the LNG Supply Chain

Liquefied Natural Gas (LNG) is gaining ever more in its popularity as an alternative marine fuel, especially with ...

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Court: Shell Can’t Block Challenging of Its ...

Shell Can't Block Challenging of Its Arctic Drilling Plans

The U.S. Court of Appeals for the Ninth Circuit rejected yesterday a Shell Gulf of Mexico Inc. and Shell Offshore ...

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Hamburg Port Marks Growth Despite Ukraine Crisis

Hamburg Port Marks Growth Despite Ukraine Crisis

Germany’s Hamburger Hafen und Logistik AG (HHLA) increased its revenue by 6 percent to EUR 906.7 million (USD ...

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DP World to Spend USD 2.6 Bn on EZW Acquisition

DP World to Spend USD 2.6 Bn on EZW Acquisition

DP World Limited (DP World) and its wholly owned subsidiary, DP World FZE, have entered into an agreement on the ...

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Slight Improvement for Odfjell

Odfjell Forecasts Improvement amid Stronger Market

Norwegian shipping and tank terminal company Odfjell expects fourth quarter of 2014 to improve from the third ...

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Hanjin Stacking Up Orders

Hanjin Stacking Up Orders

South Korea’s shipbuilder Hanjin Heavy Industries & Construction (HHIC) has signed a nearly USD 200 ...

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UPDATE: OW Bunker Creditors Start Seizing Vessels

OW Bunker Facing More Court Claims

Singapore Supreme Court ordered the arrest of marine fuel delivery barge Laguna on Wednesday as a result of legal ...

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Maersk Line Most Reliable despite Industry-Wide Dip

Maersk Line Most Reliable despite Industry-Wide Dip

Maersk Line remains the most reliable carrier in the third quarter of 2014 despite a global schedule industry-wide ...

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Hapag-Lloyd Expects 2015 to Be as Challenging

2015 Yet Another Challenging Year

German transportation company Hapag-Lloyd ended the third quarter of 2014 with a positive operating result of EUR ...

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Panama Canal Receives Final Gate Shipment

Panama Canal to Receive Final Gate Shipment

Panama Canal has received the last shipment of new gates today for its ongoing expansion project, the canal ...

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Platten: Shipping Crucial in Scotland’s Healing Process

Guy Platten,  UK Chamber of Shipping's Chief Executive

The shipping industry needs to play a significant role in that healing process in Scotland, Guy Platten, Chief ...

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Horizon Lines Looking to Sell

Horizon Lines for Sale

The U.S. ocean cargo carrier Horizon Lines has entered into definitive agreements for a series of transactions that ...

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SBM Offshore Settles Bribery Case

SBM Offshore Settles Bribery Case

Dutch SBM Offshore has agreed to a USD 240 million out-of-court settlement with the Dutch Public Prosecutor’s ...

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Sewol Captain Sentenced to 36 Years of Prison

Sewol Captain Sentenced to 36 Years of Prison

Captain of the ill-fated Sewol ferry that capsized in April 2014, claiming lives of 295 passengers, mainly high ...

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Long Range Tanker Market on Rebound

Long Range Tanker Market on Rebound

There has been a significant change in fortunes for struggling long range (LR) tankers in recent months, according ...

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MOL, Partners Pen MR Pool Deal

MOL- managed product tanker Raysut

Mitsui O.S.K. Lines (MOL), Asahi Tanker Co., Ltd., Ultranav International S. A., and OSG International, Inc, Ltd. ...

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China Earmarks USD 40 Bn for Silk Road Fund

President of China Xi Jinping

China plans to invest USD 40 billion to establish a Silk Road Fund, as announced by the country’s president ...

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Maersk Satisfied with Results

interim-report--014

Danish shipping giant Maersk Line delivered a profit of USD 685m, improving by USD 131m compared to Q3 2013, ...

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Infographic: International Shipping ahead of Petroleum Day

International-Shipping-Infographic (1)

Ahead of Petroleum Day, which will be marked on November 17th, we have prepared this interesting infographic for ...

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Hamburg Süd Raises CO2e Reduction Bar

Hamburg Süd Raises CO2e Reduction Bar

Hamburg Süd has formulated a new CO2e goal which specifies a reduction of emissions by 45 percent between 2009 and ...

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