COSCO Pacific Earns Less in 1st Quarter

Image Courtesy: COSCO Pacific Limited

Hong Kong-based container terminal operator COSCO Pacific Limited has seen its profit drop by 25.8 percent to USD ...

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Japan’s Big Three Wrap Up FY 2015 in Losses

Image Courtesy: Hamburg Hafen

Japanese big three shipping companies Mitsui O.S.K. Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK Line) and ...

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Vessel Owners Warned of Dangers of Shipping Indonesian Coal

Image Courtesy: London P&I Club

Following a number of recent incidents the mutual insurance company The London P&I Club has issued a ...

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Panama Canal Dismisses ITF Safety Study on New Locks

Image Courtesy: Panama Canal Authority

The Panama Canal Authority considers inadmissible the safety study presented on Wednesday, April 27 in Panama ...

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DryShips' Ability to Continue Compromised?

Image Courtesy: Nasdaq

 New York-listed owner of drybulk carriers and offshore support vessels DryShips said that it had defaulted on some ...

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UN Blacklists India-Flagged Tanker for 'Illegal' Oil Cargo

Image Courtesy: Shipspotting

The UN Security Council Committee has blacklisted India-flagged tanker Distya Ameya for being involved in attempts ...

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New Mission Needed to Retrieve El Faro’s VDR

Image Courtesy: Tote Maritime

Another mission will be required to recover the voyage data recorder of the sunken cargo ship El Faro, according to ...

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EU Unveils New Arctic Strategy

Image Courtesy: Danish Shipowners' Association

The European Commission launched yesterday its new Arctic Strategy, including 39 actions focusing on climate ...

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First of Its Kind LNG-Fuelled Car Carrier Hits the Water

Image Courtesy: LR

Europe’s short sea RoRo operator United European Car Carriers (UECC) has launched its new dual-fuel liquefied ...

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Gallery: Sirena Christened at Barcelona

Norwegian Cruise Line Holdings’ (NCLH) brand Oceania Cruises added yesterday to its fleet the newest cruise ...

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Globus Maritime Delays Loan Payments

Image Courtesy: Globus Maritime

Greek dry bulk shipping company Globus Maritime Limited has reached agreements with two of its lenders to postpone ...

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Nautilus: Brexit Could Negatively Affect UK Seafarers

Image Courtesy:  Danny Cornelissen/Nautilus International

Due to recent talks on whether UK should leave the European Union (EU) or stay as part of it, the trade ...

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Jan De Nul’s Offshore Installation Vessel Named

Image Courtesy: Navingo

The new offshore installation vessel of the Jan De Nul Group was christened today by Her Majesty the Queen of ...

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Hanjin Shipping Offloads Remaining Stake in H-Line

Image Courtesy: H-Line

Financially-troubled Korean container carrier Hanjin Shipping has sold its remaining stake in H-Line Shipping as it ...

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South Korea's Biggest Shipbuilders Still in the Lead

Image Courtesy: HHI

Despite the historically low level of newbuilding orders seen in 2015, and a continued weak ordering streak in ...

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79 Pct of Ships Sold for Scrap in Q1 Ended Up in South Asia

Image Courtesy: NGO Shipbreaking Platform

Out of 239 end-of-life ships sold for breaking in the first quarter of 2016 a total of 79 per cent of ships ended ...

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Pirates Free Kidnapped Turkish Crew

Image Courtesy: Kaptanoglu

Six Turkish crew members of Malta-flagged tanker MT Puli who were kidnapped by pirates over two weeks ago while ...

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Scorpio Tankers Reaches 1st Quarter Forecasts

Image Courtesy: Scorpio Tankers

Monaco-based tanker owner Scorpio Tankers has seen its net income for the first quarter of 2016 drop to USD 28 ...

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NTSB Finds El Faro’s Voyage Data Recorder

Image Courtesy: NTSB

The voyage data recorder (VDR) belonging to the ill-fated cargo ship El Faro was located early Tuesday morning in ...

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44 Seafarers Captured as Violence Rises in West Africa

Image Courtesy: Navy

44 seafarers have been captured so far this year amid growing violence off the coast of West Africa, new figures ...

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Stockholm Norvik Port Construction Gets Green Light

Image Courtesy: Ports of Stockholm

The construction of a freight port north of Nynäshamn, the Stockholm Norvik Port, can start in 2016, after the ...

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Baltic Dry Index Surges to 704 Points

Image Courtesy: Diana

A recent Capesize market uptick, caused by an increase in iron ore trade, higher steel prices and a rise ...

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Fathom Completes Its 1st Voyage to Dominican Republic

Image Courtesy: Fathom

Carnival Corporation’s newest brand Fathom returned from its inaugural voyage to the Dominican Republic on ...

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MBC to Transport Steam Coal to Malaysia

Image Courtesy: MBC Group

Dry bulk shipowner Malaysian Bulk Carriers Berhad (MBC Group) has entered into a long-term affreightment contract ...

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CKYHE Alliance Alters Asia-US East Coast Services

Image Courtesy: K Line

The pan-Asian container shipping alliance CKYHE Alliance said that it will provide more and restructured services ...

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APM Terminals in Gothenburg Hit by Strike

Image Courtesy: APMT

The Swedish Dockworkers’ Union (Svenska Hamnarbetarförbundet, section 4) launched a 24-hour strike at APM ...

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Port of Turku, Neste Jacobs Looking into LNG Terminal Project

Image Courtesy: Neste Jacobs

Finish technology, engineering and project management provider Neste Jacobs has inked a contract with the Port of ...

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