Petrochemical Producers Supply Chain Survey

Petrochemical Update recently reached out to their extensive network of petrochemical supply chain & logistics purchasing managers to an insight into budgets

Vard to Build Autonomous Boxship for YARA

Yara Birkeland model

Vard is to construct an autonomous and electric-driven container vessel for Norway's YARA.

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DFDS Orders One More RoRo at Jinling Shipyard

Ferry

DFDS orders an additional RoRo newbuilding from Chinese Jinling Shipyard.

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DryShips Agrees to Sell One of Its Panamaxes

Shipping

DryShips reached an agreement to sell one of its 2001-built Panamax drybulk carrier.

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Announcement for the Expression of Interest

Acquiring Part of the Assets of Hellenic Shipyards S.A. Under Special Administration (Greece)

One More Navig8 Tanker Named in China

Tanker

New Times Shipbuilding names Navig8' new 111,000 dwt oil tanker.

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In Depth>

Norden Chooses Scrubbers for Up to 31 Vessels

Bulker

Norden unveiled its intentions to install scrubbers on up to 31 owned and chartered vessels.

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DSME Posts Lower H1 Profit

Shipbuilding

DSME wrapped up the first six months of 2018 with a lower profit year over year. 

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SCI's Tanker "in Full Command" after Explosion

Tanker

Shipping Corporation of India: Tanker Desh Vaibhav is totally under control following an explosion on board.

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Rolls-Royce Unveils New Battery System for Ships

Cruise

A lithium-based energy storage system for ships has been launched by technology company Rolls-Royce. 

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Yang Ming Confirms Order for 10 Units at CSBC Corporation

Yang Ming

Yang Ming has confirmed an order for ten 2,800 TEU boxships with compatriot CSBC Corporation.

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Aquarius Gets Permission to Disembark Migrants in Malta

Aquarius

Rescue ship Aquarius, carrying 141 migrants, received permission to enter Maltese territorial waters.

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CFO: Turkish Lira Crisis Affects DFDS

The currency crisis in Turkey has had a negative impact on DFDS, the company's CFO revealed.

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Concordia Maritime: Weak Tanker Market Will See an Upturn

Tanker

As the tanker market remained week during Q2 2018, Concordia Maritime widened its net loss.

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ReCAAP: Asian Armed Robbery Incidents Surge in July

Piracy

ReCAAP: A total of seven incidents of armed robbery against ships were reported in Asia in July 2018.

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Events>

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TRANSTEC 2018

TRANSTEC 2018 welcomes participants to explore Russian Ports and Shipping development opportunities…

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Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

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SMM 2018

This is a must-attend event – a unique opportunity to meet key players, display business strengths, establish new contacts and exchange…

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Defence Safety Conference Supported by The Defence Safety Authority, UK MoD

The Defence Safety Conference is the first of its kind exclusively dedicated to safety across the defence domain…

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Navig8 Chemical Tankers Sinks Further into Red

Tanker

Lower gross average daily TCE rates pushed Navig8 Chemical Tankers further into loss in 2Q 2018.

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Meyer Werft to Float Out World's 1st LNG-Powered Cruise Ship

AIDAnova

AIDAnova, the world's first cruise ship that can be entirely powered with LNG is scheduled to leave the dock on ...

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Epic Gas Cuts Loss amid Improving Market Conditions

Shipping

Epic Gas managed to shrink its net loss in 2Q 2018, mainly due to improving market conditions.

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Gibraltar to Remove Aquarius from Its Registry

Aquarius

The Gibraltar Maritime Authority to terminate its registration licence to the Aquarius, migrant rescue ship.

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GulfNav Upgrading Fleet ahead of New Environmental Rules

Tanker

GulfNav upgrading its fleet with new technologies to prepare for upcoming environmental regulations. 

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Three Crew Missing after VLCC Suffers Explosion off Oman

Tanker

Three people are reported missing after an explosion onboard crude oil tanker M.T. Desh Vaibhav.

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HMM Widens Loss amid High Bunker Costs, Poor Freight Rates

HMM containership

Higher bunker costs and lower average freight rates pushed HMM further into loss during the second quarter.

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Intertanko: Fuel Contamination Could Become an Epidemic

Bunkering

Intertanko criticizes inaction of maritime authorities regarding problems caused by contaminated fuels.

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Pan Ocean Delivers Nearly Double Net Profit

Money

Pan Ocean's net profit was almost double in 2Q of 2018, driven by a recovery in freight rates.

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Baleària Buys Visemar One

Ferry

Baleària buys Visemar One, a 2010-built RoRo/passenger ship.

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SCF's LNG Carrier Loads 1st Cargo from Yamal LNG's 2nd Train

Pskov

Pskov loads first cargo produced at Yamal LNG plant's second LNG train.

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Diana Fixes Two Panamaxes with Hudson Shipping

Shipping

Diana Shipping signs deals for time charter, and charter extension with Hudson Shipping.

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