T&T Salvage Hired to Refloat Siteam Anja off Uruguay

Image Courtesy: Uruguay Navy

The grounded 1997-built tanker Siteam Anja, which ran into trouble on May 17 off Lobos Island, Uruguay, is set to ...

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Readers’ Picks of the Week (May 16 – 20, 2016)


Danish Ship Finance: Shipyards Could Be Left without Orders by 2017 It is essential that new orders are placed ...

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Royal Caribbean Chooses Southampton as Its UK Home

Image Courtesy: Royal Caribbean

Royal Caribbean International cruise line has unveiled a seven-year deal with the port of Southampton under which ...

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El Faro’s Final Inspection Found No Issues

Image Courtesy: TOTE

The final inspection of the ill-fated cargo ship El Faro did not show any signs of mechanical or structural issues, ...

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Evergreen Returns to Marseille Fos

Image Courtesy: Evergreen

Taiwanese container line Evergreen has resumed direct calls at Marseille Fos port in France for the first time in ...

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Pacific Jewel Faces Sulfur Fuel Fine

Image Courtesy: Port Lincoln

The New South Wales Environment Protection Authority (EPA) has fined Carnival PLC $15,000 after one of its P&O ...

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Update: Oil Loading Resumes at Libya’s Hariga

Image Courtesy: Shipspotting/Martin Klingsick

The Maltese-flagged crude oil tanker Seachance has continued to load cargo at the Hariga oil export terminal in ...

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DSME Postpones Delivery of SCF's New LNG Ship

Image Courtesy: DSME

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has reached an agreement with the ...

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Euronav, Bretta Pull the Plug on Suezmax JV

Image Courtesy: Euronav

Belgium’s tanker owner and operator Euronav NV has agreed with Bretta Tanker Holdings Inc. (Bretta) to ...

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Oil Tanker Aground off Uruguay

Image Courtesy: Uruguay Navy

Marshall Islands-flagged oil/chemical tanker Siteam Anja ran aground onto the rocks just 400 meters off the shore ...

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Bondholders Extend Hanjin Shipping’s Debt Maturity

Image Courtesy: Hanjin Shipping

Financially-troubled South Korean container shipping company Hanjin Shipping has received a helping hand as the ...

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Rostock-Gedser Route Drives Scandlines’ Revenue Growth

Image Courtesy: Scandlines/Patrick Kirkby

German-Danish ferry operator Scandlines said that its revenue grew by 3.5% to EUR 460 million in 2015, from EUR 445 ...

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Qatargas Delivers 1st Spot LNG Cargo to JERA

Image Courtesy: Qatargas

Qatargas Operating Company Limited (Qatargas) has shipped its first spot liquefied natural gas (LNG) cargo ...

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NBCF-Chance for Canadian Ferry Industry?

Image Courtesy: BCFerries

Recent changes to the Canadian Federal government’s New Building Canada Fund (NBCF) aim at enabling ...

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US House of Reps Passes LNG Exports Permitting Measure

Image Courtesy: US Govt

The U.S. House of Representatives passed the FY17 National Defense Authorization Act (NDAA) on Thursday, which ...

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Cancelled Newbuildings Widen Pioneer Marine's Loss

Image Courtesy: Pioneer Marine

Oslo-listed shipowner and dry bulk transporter Pioneer Marine reported a net loss of USD 13.9 million for the first ...

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BW LPG Brings Aurora Stake to 19.5 Pct

Image Courtesy: BW LPG

Singapore’s gas carrier owner BW LPG has increased its stake in Oslo-listed Aurora LPG by acquiring an ...

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DryShips Turns to Black as It Pursues Debt Restructuring

Image Courtesy: Nasdaq

Greece-based owner of drybulk carriers and offshore support vessels DryShips Inc. reported a net income of USD 55.4 ...

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BEST Sets New Box Handling Record

Image Courtesy: Barcelona Europe South Terminal

Hutchinson Port Holdings’ (HPH) subsidiary Barcelona Europe South Terminal (BEST) achieved its new container ...

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China VLCC Offloads Second-Hand Duo

Image Courtesy: CMES

China VLCC, a joint venture company between China Merchants Energy Shipping (CMES) and Sinotrans&CSC, has ...

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Spotted: New Constant Joins CMES’ Ranks

In a colorful arrival, China Merchants Energy Shipping (CMES) welcomed yesterday its new very large crude carrier ...

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Sulphur Cap to Push Boxship Operators' Costs Up to USD 30Bn

Image Courtesy: Maersk Line

Depending on the ship size, speed and fuel price, containership operators saw an increase of some USD 500 million ...

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Sovcomflot Off to a Good Start

Image Courtesy: SCF

The start of the year seems to be promising for the Russian shipping major Sovcomflot, as the first quarter ending ...

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Navios Maritime Acquisition Sees Rise in Profit

Image Courtesy: Navios Maritime Acquisition

NYSE-listed tanker company Navios Maritime Acquisition has reported its net income at USD 23.8 million, an increase ...

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Outdated Storm Forecast Sent to El Faro

Image Courtesy: NTSB

The latest round of testimonies on the El Faro sinking revealed that the ill-fated vessel received outdated weather ...

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No Deal on Charter Rate Cuts for HMM

Image Courtesy: HMM

Financially troubled South Korean shipping company Hyundai Merchant Marine (HMM) has failed to seal a deal with ...

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Court Clears Daiichi Chuo’s Rehabilitation Plan

Image Courtesy: Daiichi Chuo

Japanese bulk-shipper Daiichi Chuo Kisen Kaisha (DCKK) has received support for its rehabilitation plan submitted ...

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