Liberian-Flag Ships Get Retrofit Deal

Liberian-Flag Ships Get Retrofit Deal

The Liberian Registry has entered into a partnership with U.S.-based consultancy EfficientShip Finance (ESF) to ...

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Houston Port Raises Throughput Bar

Houston Port Raises Throughput Bar

The Port of Houston Authority (PHA) handled more than 37 million tons of cargo in 2014, a 5% increase compared to ...

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US Jones Act Stays Intact

US Jones Act Stays Intact

The American Maritime Partnership (AMP) has welcomed the decision of the United States Senate to approve the ...

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Asian Terminals Inc Reaches Seven Digit TEU Throughput

Asian Terminals Inc Reaches Seven Digit TEU Throughput

International cargoes handled by the Philippines’ Batangas Container Terminal (BCT) increased by as much as ...

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Japanese Freighter Catches Fire in South Korea Port

Japanese Freighter Catches Fire in South Korea Port

The 1991-built, 7050 dwt general cargo ship Fortune Ace caught fire yesterday while docked at Pyeongtaek port, ...

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Hanjin Shipping Inching away from Loss

Hanjin Shipping Inching away from Loss

South Korean ocean carrier Hanjin Shipping recorded an annual net loss of KRW 423.3 billion  (USD 386.6m) in 2014, ...

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Stolt-Nielsen Disappointed with 2014

Stolt-Nielsen Disappointed with 2014

London-based provider of bulk-liquid transportation, storage and distribution services Stolt-Nielsen Limited ...

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ILWU Shuts Down Portland Container Terminal

ILWU Shuts Down Portland Container Terminal

Dockworkers at the Port of Portland shut down the Terminal 6, the port’s only container terminal for twelve ...

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Lerwick Harbour Meets Expectations

Lerwick Harbour Meets Expectations

The U.K.’s Lerwick Harbour, a gateway to Shetland communities and industries, has improved its statistics ...

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Finnish Union Boycotts Unifeeder’s Vessels

unifeeder

European short sea operator Unifeeder said that two of its vessels are being boycotted in Finish ports. The company ...

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Imabari Lands Major 20,000 TEU Boxship Gig

Imabari Lands 20,000 TEU Containership Orders

Japan’s shipbuilder Imabari Shipbuilding, with the cooperation of Marubeni Corporation, has secured a ...

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Contracting Activity Slashed in 2014

Contracting Activity Slashed in 2014

Weaker ordering in the bulk carrier sector contributed to around half of the y-o-y decline in total contracting ...

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CSDC Expects Profit

CSDC Expects Profit

China Shipping Development Company (CSDC) expects to see around CNY 300 million (USD 48m) net profit for the year ...

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Sohar’s Container Throughput Surges

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Container throughput at Oman’s SOHAR Port and Freezone grew 58 percent in 2014 mostly due to the relocation ...

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Term of the Day: DEMDES

Source: Flickr/ Mattia Belletti

The DEMDES (Demurrage/Despatch) represents the amount of money which has to be paid if a ship is loading or ...

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Seattle Port in Hot Water over Shell Deal

Seattle Port in Hot Water over Shell Deal

A coalition of nine U.S. environmental organizations called on the Port of Seattle to reconsider its recently ...

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ITF: Seafarers Aboard FOC Ship Neither Fed Nor Paid

Seafarers Aboard FOC Ship Neither Fed nor Paid

The International Transport Workers’ Federation (ITF) voiced concerns about the welfare of 21 Filipino seafarers ...

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Russia’s NCSP Hit by Limited Crude Exports

Russian NCSP Hit by Limited Crude Exports

Russia’s port operator Novorossiysk Commercial Sea Port Group (NCSP) handled 131.1 million tonnes of cargo in ...

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Adani Ports Improves Across the Board

Adani Ports Improves Across the Board

India’s port operator Adani Ports and Special Economic Zone Limited (APSEZ) handled 108 million tonnes of ...

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Bomb Scare at Lithuanian FSRU

independence

A bomb threat interrupted gas supply on Wednesday from Lithuania’s recently inaugurated liquefied natural gas ...

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Samsung Heavy’s Profit Plunges

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South Korean shipbuilder Samsung Heavy Industries (SHI) saw its revenue plummet in 2014, reaching KRW 12.8 ...

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DHT Holdings Returns to Black

DHT Holdings Returns to Black

Bermuda-based crude oil tanker owner and operator DHT Holdings reported annual net income of USD 12.9 million for ...

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