Former STX Head Gets Six Years in Prison

Former STX Head Gets Six Years in Prison

Seoul Central District Court  has sentenced Kang Duk-soo, the founder and the former head of South Korea’s shipping and shipbuilding conglomerate STX Group, to six years in prison for a number of corporate crimes, ...

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Gate Terminal to Upgrade Break Bulk Infrastructure

Dutch LNG Terminal to Upgrade Break Bulk Infrastructure

Gate terminal, the first LNG import terminal in the Netherlands, has signed a EUR 76 million (USD 95.4m) financing ...

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Asia Pacific LNG Market Likely to Loosen This Winter

Illustration

The Asia Pacific LNG market is likely to continue to loosen this winter, favouring buyers however, this outlook ...

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Blue Star Ferries Taps into Solar Power

Greek Ferry First to Feature Aquarius MAS

Eco Marine Power (EMP) has for the first time ever installed an Aquarius Management & Automation System (MAS) ...

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Navig8 Readies Suez8 Fleet

Navig8 Readies Suez8 Fleet

Navig8 has acquired eight Konig & Cie Suezmaxes from Gemini Tankers that will form part of a new Suezmax pool, ...

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MOL Performs Worse

MOL Performs Worse

 Japanese shipowner Mitsui OSK Lines (MOL) posted JPY 890 billion in revenue figures, operating income of 4.2 ...

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Sustainable Shipping Initiative Sets Out Shared Commitments

Sustainable Shipping Initiative Sets Out Shared Commitments

International shipping coalition Sustainable Shipping Initiative (SSI), focused on uniting commercial growth with ...

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Seaspan Gets Fifth SAVER Containership

Seaspan Gets Fifth SAVER Containership

Seaspan Corporation has accepted delivery of a 10000 TEU SAVER design containership, the MOL Brightness, ...

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Wärtsilä, Diesel United Extend Cooperation

Diesel United signing

Wärtsilä and Diesel United Ltd in Japan have signed a ten-year renewal of their co-operation agreement for the ...

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CMA CGM Continues with Bulbous Bow Retrofits

CMA CGM Continues with Bulbous Bow Retrofits

The CMA CGM Group will retrofit 10 of its vessels’ bulbous bows in order to continue improving its fleet’s energy ...

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Infographic: Panama Canal Expansion Facts and Figures

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The Panama Canal Expansion is the largest project at the Canal since its original construction. The project will ...

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Offshore Energy 2014 Exceeds Expectations

Offshore Energy 2014 Exceeds Expectations

The 7th annual Offshore Energy Exhibition & Conference (OEEC) held on 28 & 29 October at Amsterdam RAI ...

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CSAV Christens Largest Vessels in Fleet

CSAV Christens Largest Vessels in Fleet

Compañía Sudamericana de Vapores (CSAV) has christened the first two out of seven 9,300 TEU container ships ordered ...

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HHI Posts Worst Quarterly Loss

HHI Posts Worst Quarter Loss2

The world’s biggest shipbuilder Hyundai Heavy Industries (HHI) recorded the worst quarterly net loss so far, ...

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Gallery: Bulk Carrier Runs Aground in Sweden

Bulk Carrier Runs Aground in Sweden

A bulk carrier with 2 tons of oil onboard ran aground in the Baltic Sea on Wednesday morning spilling some of its ...

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China Paying High Toll for Shipping Emissions

Hong Kong Port

China’s largely unregulated ports and shipping system generate significant air pollution that imposes a huge health ...

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EU Court of Justice to Deliberate on Singapore Trade Deal

EU Court of Justice to Deliberate on Singapore Trade Deal

The European Commission has decided to request an opinion of the EU Court of Justice on the competence to sign and ...

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Crew Members of Hijacked MV Asphalt Venture Freed

Crew Members of Hijacked MV Asphalt Venture Freed

Seven Indian seafarers who have been held hostage since their ship, the MV Asphalt Venture, was hijacked in the ...

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Petro Poroshenko Bloc Proposes Privatization of ...

Petro Poroshenko Bloc Proposes Privatization of Ukrainian Seaports

Ukrainian President Petro Poroshenko’s party, the Petro Poroshenko Bloc, has proposed suspending the granting of ...

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