Port of Amsterdam Striving to Become Future Ready

Port of Amsterdam

The Port of Amsterdam has embarked on a number of initiatives aimed at a more sustainable future.

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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MPC Container Ships Joins Scrubber Ordering Wave

Containership

MPC Container Ships signed contracts to buy scrubbers for five ships, with options for up to 50 more vessels.

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JFE Engineering Corp. Gets USCG BWMS Type Approval

USCG

Japan-based JFE Engineering Corporation has obtained the USCG type approval for its BWMS. 

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Maersk Supply Unlikely to Be Sold by Year End

MSS Starfish Vessels

Maersk doesn't expect to finalize the sale if its Maersk Supply business by the end of 2018.

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ABB Signs Marine Automation Deal in China

Viking Line cruise ferry

ABB has won its first marine automation system contract for a cruise ferry in China.

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Asia Steps Up the Fight for Fair Treatment of Seafarers

Seafarer

Asia’s leading seafaring nations have greed Guidelines on the Fair Treatment of Seafarers.

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Team Tankers Reports Q3 Loss

chemical_tanker

After a profitable second quarter, Team Tankers International closed the third quarter of 2018 reporting net loss.

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Damen Docks Its 1st Ship at Floating Dock C in Curaçao

Damen Shiprepair Curaçao

The Panamax-class dock is one of two floating docks that arrived at the Caribbean island of Curaçao in April.

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Avenir LNG Finalizes USD 110 Mn Private Placement

Hoegh Grace

Avenir LNG collected USD 110 million through a private placement as a first step in its capitalisation.

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Novatek Ships 1st LNG to CNOOC

Yamal LNG

Russian gas producer PAO Novatek expands its customer base in China.

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ANL Charters Boxship from GSL

Boxship

Global Ship Lease has inked a new time charter with ANL, a subsidiary of CMA CGM, for GSL Keta.

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SunStone Orders Another Two Expedition Cruise Vessels

SunStone

Miami-based SunStone Ships has decided to order two more expedition cruise vessels in China. 

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Maersk Bounces Back to Profit in Q3

Soren Skou, CEO of Maersk

Skou: We are not where we want to be in absolute terms, but we are improving significantly.

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Diana Shipping Fixes Kamsarmax Bulker with Glencore

Bulker

Diana Shipping signs time charter deal with Glencore Agriculture for one of its Kamsarmax vessels.

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Robots Are Coming – to Clean Cargo Holds

Shipping

Norden: Robots could soon take over the process of cleaning cargo holds of dry bulk vessels.

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HHLA Aims to Be Gateway to the Future

HHLA aims to be the gateway to the future, enabling containerships, trains but also data flow through this gateway.

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CTMA Ferry Procurement Hits Legal Hurdles

gavel

The procurement process has been halted and the matter is presently before the courts.

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QTerminals Marks New Container, Cargo Handling Milestones

Hamad Port, QTerminals

QTerminals handles two million TEU and five million tonnes of general cargo by the end of October 2018.

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ICS: International Trade Not a Zero-Sum Game

ships in Singapore

Challenging of the proven benefits of multilateralism in global trade by the U.S. could pose serious threats.

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ClassNK, TÜV Rheinland Team Up on Cybersecurity Services

classnk

ClassNK and TÜV Rheinland have entered into a partnership agreement for cybersecurity services.

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DFDS: New Mediterranean Business Boosts Q3 Earnings

DFDS

DFDS recorded an increase in its earnings during the third quarter of this year.

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Photos: Norwegian Frigate Continues Sinking

Helge Ingstad has almost completely sunk based on the latest footage released by the Norwegian Navy.

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Three Mariners Die in Ship's Cargo Hold off Japan

confined space sign

Three crew members of the Panama-flagged general cargo vessel Apollo Kita died.

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NAT Sinks Deeper into the Red

tanker

NAT posted a net loss of USD 38 million for Q3, 2018, widening its loss from last year's USD 34.2 million. 

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Mystic Cruises Orders Two Polar Expedition Ships

cruise ship

Mystic Cruises has ordered two polar expedition vessels from compatriot West Sea shipyard.

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