Announcement for the Expression of Interest

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

Gibraltar to Remove Aquarius from Its Registry

Rescue

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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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

In Depth>

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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HHLA's Container Throughput Keeps Rising

Container terminal

HHLA recorded an increase of 1.2 percent in its container throughput in the first half of this year. 

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Danaos Slashes Debt by Over Half a Billion USD

Danaos

Danaos Corporation has cut its debt by over half a billion dollars.

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Bilfinger Wins USD 45 Mn Worth of Scrubber Orders

Bilfinger worker

Bilfinger signed deals with several Greek shipping firms to fit out 42 vessels with scrubbers.

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Safe Bulkers Pounces on Capesize amid Attractive Prices

bulker

Safe Bulkers has availed of attractive prices to expand its presence in the Capesize market.

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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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Low MR Charter Rates Hurt Pyxis Tankers' Earnings

Tanker

Due to lower MR charter rates, Pyxis Tankers ended Q2 2018 with a widened net loss.

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SAMSA: MSC Boxship Loses 13 Containers off Durban

Containership

A containership operated by MSC loses a number of containers off Durban.

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COSCO Shipping International Bounces Back to Profit

FINANCE

Acquisitions drive COSCO Shipping International's turnover jump in Q2.

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Another Body Found after Hit and Run Incident off India

Map of collision

India locates fisherman's body after collision between a merchant vessel and fishing boat.

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Rolls-Royce, ABP and Svitzer Partner Up on New Port Techs

Southampton

The companies will focus on digitization and Ship Intelligence solutions.

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Zeaborn Brings Management Activities under One Roof

shipping

Bremen-based Zeaborn Group is merging its ship management activities under a new brand.

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EuroDry Looking Into Merger Possibilities Post Spin-Off

bulker

EuroDry, created via Euroseas' spin-off, is exploring merger possibilities in the sector.

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Samsung Heavy Eyes Unpaid Leave as Orders Dry Up

Desert

Samsung Heavy Industries is to adopt a compulsory unpaid leave plan for its employees on the back of a drop in orders.

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China Seeks Feedback on Use of LNG as Marine Fuel

The Chinese Transport Ministry calls for feedback on the advancement of the use of LNG as marine fuel.

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Yang Ming Sinks Deeper into Loss

Yang Ming

Yang Ming's net loss expanded in the second quarter of 2018, amid a surge in fuel prices so far this year.

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Video: Maria Gracia Onorato Revealed in All Its Glory

Maria Gracia Onorato

Maria Gracia Onorato named and launched at a ceremony held on August 2, 2018 at FSG.

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US Sanctions on Iran to Affect Greek Owners

Tanker

Greek owners are most likely to be affected by the upcoming US sanctions on Iranian ports, shipping and energy sectors.

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