New Rules to Impact Ship Repair Market from 2019

CEO Newport Shipping shares views on impact of new environmental regulations on ship repair market.

COSCO Shipping Lines Welcomes Another 14,500 TEU Boxship

China's COSCO Shipping Lines has welcomed to its fleet another 14,500 TEU newbuild, COSCO Shipping Denali. 

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Genco Shipping Raises USD 115 Mn for Fleet Additions

Money

Genco Shipping has raised some USD 115.7 million through a public offering for future vessel acquisitions.

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Sand: 2018 a Loss-Making Year for Crude Oil Tankers

Peter Sand

BIMCO's Chief Analyst Peter Sand reveals what lays ahead for the tanker and dry bulk markets.

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Brokers: Mitsui Orders Bulker Pair at Yangzijiang

Japan-based Mitsui & Co has ordered two Kamsarmax bulk carriers in China.

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US Petrochemical Supply Chain & Logistics Market Overview

Petrochemical Update released their 2018 – State of the U.S. Petrochemical Supply Chain Whitepaper.

In Depth>

Seatruck Ferries to Boost Warrenpoint-Heysham Capacity

Vessel

Seatruck Ferries is to invest EUR 100 million to increase capacity on Warrenpoint to Heysham route by 30%.

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Ukraine New on Paris MoU Black List

The Paris MoU Committee adopts new performance lists for flags, moving Ukraine to the Black List.

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Noatum Terminal Malaga to Expand with Crane Additions

Big Roll

Noatum Terminals is to extend harbour and yard container-handling machinery in Noatum Terminal Malaga.

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DSME Delivers LNG Carrier with Full Re-liquefaction System

LNG carrier

DSME has delivered a liquefied natural gas (LNG) carrier with a full re-liquefaction system (FRS).

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Two Oil Tanks Destroyed at Ras Lanuf Port in Libya

Libya's Ras Lanuf terminal lost two crude oil tanks due to armed attacks in the oil crescent region.

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Outlook for Global Shipping Sector Remains in the Next Year

Containership

Moody's: Global shipping sector's outlook remains stable with overall sector earnings growth of 4%-5%.

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GasLog Partners Signs New Charter Deal with Cheniere

Handshake

GasLog Partners signed a new multi-year time charter for the GasLog Sydney with Cheniere Energy's subsidiary.

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K Line Orders Bulker at Imabari Yard

K Line orders a 100,000 dwt bulk carrier from compatriot Imabari Shipbuilding.

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Grounded Tanker Splits in Two off Taiwan

Shine Luck grounded

One of two tankers that ran aground off Kaohsiung, Taiwan last week, split in two in the morning hours of June 18.

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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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The 27th World Gas Conference

The 27th World Gas Conference is the leading global industry event and is the definitive gathering of influential leaders, buyers and sellers, policy-makers and experts from around the world.

You will hear critical business insights and lively debates on the most topical issues facing the global gas industry today and in the future.

From 25-29 June 2018, Washington DC is expected to host 12,000 attendees, 500 speakers and 350 exhibitors representing, more than 600 companies from 100 countries.

Presented by the IGU, this is the largest and most high-profile gas event that is conducted by the industry for the industry.

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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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Moody's Upgrades Royal Caribbean Rating

Moody’s upgraded Royal Caribbean Cruises' senior unsecured rating to Baa2 from Baa3. Rating outlook is stable.

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Irish Continental Group Gets Loan for New Ferry

Irish Continental Group has secured a loan to finance the construction of the 2nd new vessel for Irish Ferries.

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Nordic American Tankers Abandons Bond Offering

Tanker

Suezmax owner Nordic American Tankers (NAT) has decided to abandon its previously planned bond offering.

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Panagopulos: LNG as Fuel Perfect Bridge until 2050

Forward Ship CEO, Alexander P. Panagopulos

Alexander P. Panagopulos, CEO of Forward Ships: LNG as marine fuel is the future.

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Ferguson to Build Renewables-Powered Hydrogen Ferry

Ferguson Marine is to develop the world's first renewables-powered hydrogen ferry - HySeas III. 

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GoodBulk Launches USD 140 Million IPO

Coins

Owner and operator of dry bulkers GoodBulk launched its initial public offering to raise USD 140 million.

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Liberian Registry, CCS Ink Innovation MoU

Signing ceremony

Liberian Registry, CCS signed an MoU to help shipyards and shipowners improve innovative strategies.

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MOL Steps Further into Subsea Support Vessel Business

MOL is moving into the subsea support vessel business as it decided to buy a stake in AKOFS Offshore AS.

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Burning Cargo Ship Anchored off Kolkata

SSL Kolkata

Indian forces dropped anchor from the burning SSL Kolkata on June 16, only days after the ship caught fire off Sandheads.

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Interview with Oman Drydock's New CEO

Oman Drydock's new CEO reveals growth plans to World Maritime News at Posidonia.

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Carnival Corp, Bellona Join Forces in Sustainability Deal

Carnival cruise ship

Carnival Corp and Bellona agreed to jointly continue improving environmental and sustainability impact.

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NRF: Tariffs against China to Hurt Recent Economic Progress

Port of Oakland

NRF: Trump administration's tariffs on USD 50 billion of Chinese imports would undermine recent economic progress.

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