North Sea Port Ready to Invest in Hydrogen as Fuel

North Sea Port is looking to invest in hydrogen as marine fuel when time comes.

TORM Optimistic of Product Tanker Long-Term Prospects

Tanker

TORM's earnings plunged in the third quarter of 2018 amid historically low levels in the product tanker market.

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First Steel Cut for Carnival's Newest and Largest Ship

cruise ship

Meyer Turku cut the first steel for Carnival Cruise Line's newest ship.

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Simha: We Will Be Industry’s Collective Voice on IT Issues

Andre Simha, CIO at MSC

MSC's CIO André Simha reveals key drivers behind liner association on digitalization.

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We Will Be Industry's Collective Voice on IT

Andre Simha, CIO at MSC

MSC's CIO André Simha reveals what were key drivers behind liner association on digitalization.

Hudson Shipping Hires Diana's Panamax

bulker

Diana Shipping inks a time charter contract for one of its Panamax dry bulk vessels, the M/V Thetis.

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In Depth>

Teekay LNG Wants to Be Treated as Corporation

LNG carrier

Teekay LNG Partners plans to amend its US tax status to be treated as a corporation instead of a partnership.

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Japan Launches New Whaling Mission in Southern Ocean

Whale

Japan deployed its ships for a new whaling operation in the Antarctic Ocean on November 12.

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Pan Ocean Bullish on Earnings amid Market Recovery

STX Ace

Pan Ocean booked higher profits in the third quarter of 2018 reaping fruits of stronger market.

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STX Gets AiP from LR for LNG-Fuelled MR Tanker

LR presented STX with approval in principle for a LNG-fuelled 50,000 dwt MR tanker design.

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Weak TCE Revenues Push Pyxis Tankers Further into Loss

Tanker

Pyxis Tankers sank further into the red during the third quarter of 2018 driven by a drop in TCE revenues.

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Obstacles to Reform at IMO Threaten Climate Goals

containership

IMO needs to give the working group for reforming the agency a remit that allows it to increase public scrutiny.

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Danaos Chooses Scrubbers for Six Boxships

containership

Danaos Corporation has decided to install scrubbers on six vessels.

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BPA Worried Over Uncertainty amid Draft Brexit Deal

Brexit

BPA: It could be some time before it is clear what the final arrangements will mean for ports.

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NYK Steps into the Future with Super Eco Ship 2050

NYK SUPER ECO SHIP 2050

NYK Group gives the maritime world a taste of things to come.

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Events>

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Offshore Wind Europe 2018

The Offshore Wind Europe speaker line-up is supported by executives who are leading the charge…

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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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Petrochemical Supply Chain & Logistics Conference & Exhibition

The Petrochemical Supply Chain & Logistics Conference & Exhibition (15 – 16th November, Houston) is positioned at the forefront of the booming Petrochemical industry in North America.

This industry leading event is regarded as the most significant meeting place for supply chain & logistics professionals, where they meet to do business.

More Info

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DREDGING FOR SUSTAINABLE INFRASTRUCTURE

The two-day-long programme offers six highly interactive sessions with contributions from…

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HHI Receives First Cyber Security-Ready Notation from ABS

Cyber security

ABS issued HHI the first-of-its-kind Cyber Security-Ready Notation to a VLCC.

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SCF Group Scores USD 149 Mn Loan for Atlanticmax LNG Carrier

Sovcofmlot vessel

SCF will use the USD 149 million loan to finance the construction of a new 174,000 cbm Atlanticmax LNGC.

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Seanergy Concludes Refinancing of Bulker Championship

bulker

Seanergy Maritime concludes the refinancing of M/V Championship through a leasing agreement with Cargill.

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K Line Takes Delivery of New Coal Carrier

Shonai Maru

K Line has taken delivery of a 100,000 dwt-type special coal carrier, the Shonai Maru.

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Containership Heavyweights to Form Liner Association

Edith Maersk

The association is set to start operating from early 2019.

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Vard Starts Building Ponant's Electric Hybrid Cruise Ship

Expedition cruise vessel

Vard launched the construction phase of a polar exploration vessel for French cruise company Ponant.

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BOA Management Readies to Lift Norwegian Frigate

Helge Ingstad

The plan is to lift the vessel and transfer it to a semi-submersible barge.

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CargoX’s Blockchain Platform Is Open for Business

Blockchain

CargoX launched the first open, neutral, and accessible blockchain platform in the shipping industry.

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Japan Complains to WTO about Korean Shipbuilding Support

dsme

Japan has requested WTO dispute consultations with South Korea concerning subsidies for shipbuilders.

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Toft: Ocean Speeds Will Go Down as Bunker Prices Increase

Søren Toft, COO Maersk Line

Toft: Sailing speeds will decrease, as bunker prices continue to increase together with average vessel sizes.

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Skou: We Are Not Planning Any Acquisitions in 2019

Maersk Line

Maersk doesn't see a strong need to pursue mergers and acquisitions.

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Increased Bunker Cost Widens HMM's Loss

Hyundai Merchant Marine vessel

Hyundai Merchant Marine widened its loss in the third quarter of 2018 as bunker cost climbed up.

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