LNG as Fuel Perfect Bridge until 2050

Forward Ship CEO, Alexander P. Panagopulos

Alexander P. Panagopulos, CEO of Forward Ships: LNG as marine fuel is the future.

Hyundai Heavy to Close Shipyard amid Lack of Offshore Orders

HHI

Hyundai Heavy will temporarily close its offshore shipyard due to a lack of orders.

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DFDS Sells Two Ships to Ukrferry

Danish shipping and logistics company DFDS is to sell two of its older vessels to Ukraine-based ferry operator Ukrferry. 

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Ore Carrier, Boxship Collide in Taiwan's Port of Kaohsiung

Shipping

Ore carrier collided with a containership while it was maneuvering in bad weather in Port of Kaohsiung.

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Prince Rupert Box Terminal to Be Further Expanded in 2019

The next expansion phase for the DP World Prince Rupert Fairview Container Terminal has been unveiled.

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Enterprise to Fuel Vessels at Houston Ship Channel Terminal

Houston Ship Channel

Enterprise Products Partners added fueling capabilities for deep-draft vessels at its Houston Ship Channel terminal.

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Gate terminal Aims to Load Ships Faster

Gate terminal

Gate terminal to increase ship loading flow rate for large ships to lower port time for vessels.

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SHI, BIO-UV Get USCG Type Approvals for BWTS

USCG MSC has issued ballast water management system (BWMS) type approval certificates to South Korean Samsung Heavy ...

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Golar LNG Gets USD 200 Mn from Hilli Episeyo Financing

Money

Golar LNG secured USD 200 million in additional liquidity as part of the Hilli Episeyo debt financing deal.

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Tsakos Energy Prices New Share Offering

Coins

Tsakos Energy Navigation (TEN) is looking to raise over USD 155 million through its new public offering of shares.

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DP World Antwerp to Share Data via NxtPort Platform

DP World Antwerp inks a deal with NxtPort to share its data through this digital platform.

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EU Looking Into Qatar Petroleum's Long-Term LNG Deals

EU

European Commission is investigating long-term LNG supply deals between Qatar Petroleum and European importers.

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Koch Shipping Extends Charter Deal for Diana's Bulker

Bulker

Diana Shipping signed a time charter contract with Koch Shipping for its Newcastlemax bulker Philadelphia.

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NGO: Shipping Industry Wants Beaching Yards on EU List

Shipping

NGO: Shipping industry said EU standard must be lowered so that beaching yards can be approved.

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Port of Riga Joins CLIA

Freeport of Riga Authority has become a member of CLIA, the world’s largest cruise industry association.

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MPA Singapore to Enhance Safety at Sea with New Initiatives

Shipping

MPA Singapore presented new initiatives as part of continued efforts to enhance safety at sea.

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Danaos Agrees USD 2.2 Bn Debt Refinancing

Money

Danaos Corporation agreed a refinancing deal with lenders holding USD 2.2 billion of debt.

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CM Port Invests Final USD 584 Mn in Hambantota Port

CM Port invests final tranche of USD 584.2 million in Sri Lanka's Hambantota Port.

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MAIB: Cargo Ship Grounded after Bridge Left Unattended

MAIB: Cargo ship Ruyter grounded on the Rathlin Island in October 2017 after its master left the bridge unattended.

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CMA CGM to Acquire Containerships

CMA CGM has decided to acquire Containerships, a Finland-based shortsea specialist.

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Thenamaris Orders LNG Carrier from Hyundai Heavy

Thenamaris ordered a large liquefied natural gas (LNG) carrier from South Korea's Hyundai Heavy Industries.

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Grindrod Shipping Begins Trading on NASDAQ

Grindrod Shipping Holdings began trading today on NASDAQ under the ticker symbol GRIN.

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Yinson Starts Talks on Nigerian FPSO Deal

Talks

Yinson started exclusive negotiations for a potential FPSO supply and charter contract off Nigeria.

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Report: Oldendorff Returns to Oshima for Two More Bulkers

Oshima Shipbuilding has reportedly secured two bulkers from Oldendorff Carriers. 

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Deutsche Bank Sells USD 1 Bn Shipping Loan Portfolio

Money ship

Deutsche Bank agreed the sale of a USD 1 billion portfolio of legacy shipping loans.

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COSCO Shipping Lines Welcomes Another 14,500 TEU Boxship

China's COSCO Shipping Lines has welcomed to its fleet another 14,500 TEU newbuild, COSCO Shipping Denali. 

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Genco Shipping Raises USD 115 Mn for Fleet Additions

Money

Genco Shipping has raised some USD 115.7 million through a public offering for future vessel acquisitions.

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Brokers: Mitsui Orders Bulker Pair at Yangzijiang

Japan-based Mitsui & Co has ordered two Kamsarmax bulk carriers in China.

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