NYSHEX CEO: Digitization Is the New Normal

CEO of New York Shipping Exchange speaks about progress made so far and future plans.

Readers’ Picks of the Week

Here are the most read stories from last week.

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Tacoma Welcomes US West Coast's Largest Container Cranes

A giant ship carrying four of the West Coast’s largest container cranes arrives in Tacoma.

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Kea Trader's Stern Partially Submerged after Cyclone

The split hull of Lomar Shipping's ill-fated Kea Trader has gotten further into trouble following a cyclone.

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Transformation of How Ports Operate Imminent

IBM expert discusses digitization of the maritime industry.

US FTC Opposes Wilhelmsen’s Acquisition of Drew Marine

US Federal Trade Commission challenges Wilhelmsen Group's planned acquisition of Drew Marine Group.

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In Depth>

Nauticor Extends LNG Supply Network to Rotterdam Port

Nauticor has extended its LNG supply network for ships within the North Sea region.

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MT Leopard Sun Attacked off Somalia

MT Leopard Sun was attacked by pirates on February 22, some 165 km off the central coast of Somalia.

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Eimskip in Growth Mode

Eimskip ended 2017 with a net income of EUR 16.8 million, down from EUR 21.9 million seen a year earlier.

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Wisdom Marine Books Two More Bulkers in Japan

Taiwanese shipping company Wisdom Marine is investing USD 68 million in two new NOx Tier III bulk carriers.

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Denmark, South Korea to Cooperate on E-Navigation

Denmark and South Korea have decided to expand their cooperation to maritime navigation.

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Tanker Hang Yu 11 Refloated after Days of Ordeal

A Panama-flagged oil product tanker Hang Yu 11 refloated after almost three weeks of being grounded.

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J. Lauritzen Delivers Loss, Prepares for Market Recovery

J. Lauritzen is ready for a market recovery on the back of its refinancing and recapitalization in 2017.

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Colombo Port Reaches 6.2 Mn Container Mark

Sri Lanka's Port of Colombo reached 6.2 million containers in December 2017, for the first time in its history.

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Denmark Nears New Ship Routes in Skagerrak, Kattegat

Danish Maritime Authority has received an approval for its new ships' routeing measures proposal.

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Events>

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Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

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APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

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Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

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8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

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Remaking of Maersk Will Take 3-5 Years

The transformation of Maersk from a conglomerate to an integrated global container logistics company to take 3-5 years.

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India, Iran Ink Short-Term Lease for Part of Chabahar Port

India has signed a short-term lease with Iran to operate Shahid Beheshti Port, part of Chabahar Port.

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Greek Parliament Gives Nod to Thessaloniki Port Sale

The Greek Parliament has ratified the concession contract for the privatization of the Port of Thessaloniki.

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PIL, PSA, IBM Conclude Blockchain Trial

PIL, PSA and IBM Singapore perform a blockchain-based supply chain platform trial.

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DP World Takes Djibouti to Court Again over DCT Concession

DP World has launched new arbitration proceedings in London against the Government of Djibouti. 

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Diana Shipping Widens Loss as Revenue Rises

Dry bulk owner Diana Shipping fell deeper into loss during 2017, while its revenue was on the rise.

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StealthGas Starts Year with Several Charter Contracts

StealthGas has signed a number of time charter agreements as it improved its earnings in 2017.

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Scotland Funds Study on Wind-to-Hydrogen Ferry Service

Scotland grants funding for a feasibility study into developing a hydrogen-powered ferry service.

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Djibouti Bins DP World's DCT Concession Deal

Djibouti terminated the concession contract with DP World for the operation of the Doraleh Container Terminal.

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Teekay LNG Partners Sells Interest in Excelsior FSRU

Teekay LNG Partners has sold its 50 percent interest in Excelsior FSRU to gas shipping company Excelerate Energy.

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Hapag-Lloyd CEO Dismisses Overcapacity Fears

Demand is still high enough to potentially improve the fundamental market balance.

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MOL Tied to Bulker Order at Oshima

Mitsui O.S.K Lines linked to an order for three 56,000 dwt bulk carriers at Oshima Shipbuilding.

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