WinGD Engines to Propel SK Shipping's New LNG Carriers

Image Courtesy: SK Shipping

South Korean shipowner SK Shipping has ordered engines for its new 180,000 m3 liquefied natural gas (LNG) carriers ...

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Diesel Spills in Columbia River

Image Courtesy: NOAA

The US Coast Guard responded to a diesel spill that was discharged from the fishing vessel Emerald Sea in the ...

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Chevron Inks LNG Sales and Purchase Deal with ENN

Image Courtesy: Chevron

US-based energy company Chevron Corporation has, through its subsidiary Chevron U.S.A., signed a binding LNG Sales ...

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Creditors to End Hanjin Shipping's Financial Support

Image Courtesy: Hamburg hafen-HHM/Dietmar Hasenpusch

The ailing South Korean container carrier Hanjin Shipping has taken a step toward bankruptcy as its creditors said ...

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Bureau Veritas Classes First Newbuilding LNG-Fuelled Tanker

Image Courtesy: Terntank Rederi

Leading international classification society Bureau Veritas has classed the first LNG-fuelled newbuilding ...

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Update: Coal Carrier Crew Still Stranded off Queensland

Image Courtesy: Shipspotting

The International Transport Workers’ Federation (ITF) is repeating its demand that 20 Chinese seafarers, having ...

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India to Inject More Financial Aid in Ports

Image Courtesy: JNPT

India’s Ministry of Shipping has increased the scope of the Sagarmala project to provide financial support to ...

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MHI Eyes Alliances with Three Japanese Shipbuilders

Image Courtesy: MHI

Due to the current environment surrounding the shipbuilding industry, the Japanese shipbuilder Mitsubishi Heavy ...

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Rickmers, E.R. Schiffahrt Shelve Merger Plans

Image Courtesy: Rickmers

Rickmers Holding AG and E.R. Capital Holding have decided not to pursue the merger of their ship management units ...

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Meyer Turku to Invest More in New Facilities

Image Courtesy: Meyer Turku

Finland-based shipbuilder Meyer Turku has enlarged its investment package with a new steel storage and ...

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ABF Finds Cocaine aboard Cruise Ship, Arrests Three People

Image Courtesy: ABF

Authorities seized some 95 kilograms of cocaine from a cruise ship in Sydney, Australia during a search aboard the ...

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Interview: More Boxships Set to Join Scrap Markets in 4Q


As the shipping industry saw an abundance of vessels leading to overcapacity in the shipping industry, accompanied ...

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Passenger Ship Allides with Pier in Baltimore

Image Courtesy: USCG

The passenger vessel Spirit of Baltimore sustained superficial damage after it allided with the pier at Henderson ...

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Sembcorp Buys Remaining Stake in PPL Shipyard

Image Courtesy: PPL Shipyard

Singapore-based global marine and offshore engineering company Sembcorp Marine has completed the acquisition of the ...

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Keppel Names Bumi Armada’s FPSO

Image Courtesy: EnQuest

The naming ceremony for the Floating Production Storage and Offloading (FPSO) vessel Armada Kraken was held ...

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California Halts State Funds for Coal Shipment Projects

Image Courtesy: World Coal Association

On August 26, California Governor Jerry Brown signed into law a bill to block state funds for any new project that ...

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Wärtsilä, Gasum to Jointly Develop LNG Markets

Image Courtesy: Wärtsilä

Finland’s Wärtsilä and its compatriot gas company Gasum signed a joint cooperation agreement aimed at ...

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Samskip Buys Euro Container Line, Expands Presence in Norway

Image Courtesy: Samskip

Rotterdam-based transportation company Samskip has completed the acquisition of Norwegian shipping firm Euro ...

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SCPA Orders 12 RTGs from Konecranes

Image Courtesy: Konecranes

South Carolina Ports Authority (SCPA) has ordered twelve Rubber Tired Gantry (RTG) cranes from the Finland-based ...

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Hyundai Heavy to Build Two Tankers for Enterprises Shipping

Image Courtesy: HHI

Greece-based shipping company Enterprises Shipping and Trading has placed an order for two 158,000 dwt ...

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Report: Hanjin, Seaspan Reach Deal on Charter Rate Cuts

Image Courtesy: Hanjin Shipping

South Korean shipping firm Hanjin Shipping has marked some progress in its self-rescue plan as it reportedly ...

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Abu Dhabi Ports Starts Expansion of Khalifa Port

Image Courtesy: Abu Dhabi Ports

Port developer and operator Abu Dhabi Ports has unveiled an expansion plan for Khalifa Port, a deepwater ...

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NASSCO Launches New Eco Tanker for SEA-Vista

Image Courtesy: NASSCO

Californian shipbuilder General Dynamics NASSCO christened and launched the 50,000 dwt Constitution, the sixth ship ...

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Drewry: Container Shipping Rates See Signs of Reversal

Image Courtesy: European Biofuels

Volatility in container shipping freight rates is expected to remain very high as long as over-capacity and carrier ...

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Hapag-Lloyd's Shareholders Approve UASC Merger Terms

Image Courtesy: Hapag-Lloyd

German shipping company Hapag-Lloyd has received an approval from its shareholders during the company’s ...

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Readers' Picks of the Week

Readers’ Picks of the Week (Nov 16th – Nov 20th)

Alphaliner: Hapag-Lloyd Unveils UASC’s USD 4 Bn Debt Ahead of Hapag-Lloyd’s annual general meeting, the German ...

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Lackluster Freight Rates Push China COSCO Further into Loss

Image Courtesy: COSCO Holdings

Dragged by lackluster freight rates in the container shipping market during the first half of 2016, the shipping ...

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