Bigger Ships on the Horizon for Fujairah

CEO of Fujairah Terminals

CEO of Fujairah Terminals updates on the progress with expansion plans at the port.

Greater Use of Modern Boxships Prompts Bunker Volume Decline

containership

In 2018, the Port of Rotterdam saw bunker volumes decline due to the use of modern boxships.

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Drewry: Iron Ore Inventories Threaten Capesize Demand

Bulker

Capesize demand under threat by high iron ore inventories in China and looming uncertainty in global economy.

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The Netherlands Accedes to Hong Kong Convention

flag

The Netherlands ratifies IMO ship recycling convention.

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Scorpio Bulkers Agrees Refinancing for Kamsarmax

Financing

Scorpio Bulkers agreed a financing deal related to one of its Kamsarmax vessels.

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CLdN Expands Irish Service Ahead of Brexit

CLdN Ro-Ro

The company is increasing the number of sailings in each direction.

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In Depth>

StealthGas Eyes Fleet Growth with Small Scale JV Deal

StealthGas vessel

StealthGas entered a small scale JV deal in an effort to further growth its fleet.

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Alliance Calls for Focus on Arctic Heavy Fuel Oil Ban

Funnel

The Clean Arctic Alliance has called on Member States to remain focused to the goal of developing a ban on the use ...

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Songa Shipmanagement Gets KR Cyber Security Certificate

Korean Register

Songa Shipmanagement became the first company to achieve cyber security certification by Korean Register.

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Matson Reports Higher Revenues, Lower Profits in Q4

matson

US-based container carrier Matson closed the fourth quarter of 2018 with a considerably lower net income. 

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Sea Europe: Shipyards Ask for EU Funds to Achieve 2050 Goal

shipyard

Shipbuilders, manufacturers need EU funds to meet the 2050 maritime strategy.

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Bilfinger to Install Scrubbers on Seventy Ocean-Going Ships

Bilfinger

Scrubber contracts top EUR 100 million (USD 113.5 million) in value.

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SLNG Modifies Terminal to Receive Small LNG Ships

SLNG terminal ready to receive small LNG ships

Singapore LNG Corporation modifies its Jurong Island Terminal jetty to receive and reload small LNG ships.

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Mitsubishi Shipbuilding Names Mitsui's New LNG Carrier

Marvel Crane

Mitsubishi Shipbuilding has christened the next-generation LNG carrier for Mitsui & Co.

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First Ship Lease Sinks into Red on Impairment Losses

FSL Trust

FSL's profit before impairments during FY18 was positive.

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Events>

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GREENTECH IN SHIPPING GLOBAL FORUM

The mindset of sustainability and efficiency is the key to unlocking successful business…

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LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

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Singapore Maritime Week (SMW) 2019

very year, SMW gathers the international maritime community for a week of flagship conferences…

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Teekay Narrows Loss amid Stronger LNG, Crude Markets

tanker

Teekay Corporation ended 2018 with a net loss of USD 57.7 million, compared to USD 529.1 million reported a year earlier.

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CSA 2020: Scrubbers Are Safe for the Ocean Environment

cruise_ship

CSA 2020 presents results of a three-year study of the composition and quality of scrubber washwater.

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Navios Holdings Sells Bulker, Widens Loss

Navios Maritime Holdings bulker

The 50,316 dwt bulker was sold to an unnamed buyer in February this year.

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HMM CEO to Step Down Next Month

HMM

HMM president and CEO to resign from his position next month.

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ADNOC to Form LPG JV with Wanhua Petrochemical

Signing ceremony

ADNOC Logistics & Services eyes JV with China’s Wanhua Petrochemical to own and operate LPG tankers.

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Maersk Forecasts Higher Profits in 2019

Søren Skou, CEO of A.P. Moller - Maersk

Maersk: Earnings increased despite a challenging start to 2018, however, profitability still needs to improve.

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Protecting Salish Sea Is a Shared Responsibility

shipping

Canadian, US governments urged to respect the binational collaboration aimed at protecting the Salish Sea.  

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Megamaxes Continue to Be Favored by Ocean Carriers

containership

Despite overcapacity woes, ocean carriers show no signs of ditching megamax containerships.

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Port of Virginia Wraps Up Stack-Yard Works at VIG

Virginia International Gateway (VIG)

Virginia's VIG completed another step in its expansion project with the launch of container stack No. 1.

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Maersk Launches Demerger of Maersk Drilling

Maersk

Maersk has initiated the demerger and separate listing of Maersk Drilling Holding.

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Tilbury2 Port Construction Project Gets Go Ahead

port

Forth Ports Group receives planning consent for a new port on the River Thames.

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MAIB: Ferry Hit Pier, Grounded due to Loss of Control

Wikimedia Commons/Towel401 under public domain license

MAIB: Ferry Pride of Kent struck a jetty and grounded in late 2017 while departing Calais amid loss of control.

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