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.

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


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


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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Team Tankers Reports Q3 Loss


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


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


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


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


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


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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ClassNK, TÜV Rheinland Team Up on Cybersecurity Services


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

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NAT Sinks Deeper into the Red


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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Atlantska Plovidba Buys Second-Hand Panamax


Croatian shipping company Atlantska Plovidba has acquired 2008-built Panamax bulker.

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​IMRF, The Nautical Institute Join Forces for Safety at Sea


IMRF, The Nautical Institute signed an MOU to jointly work on projects that improve safety at sea.

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KOTUG, Petroconsult Form Joint Venture


KOTUG and Petroconsult create a joint venture company called KOTUG PETRO Maritime (KPM).  

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Wan Hai Lines Pens Construction Deals for 20 Boxships

Wan Hai Lines contract signing

Wan Hai Lines renewing fleet with 20 ships.

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ICTSI Looking to Invest in Two Philippine Ports


ICTSI submits proposal to develop two Philippine ports under a USD 93.9 million investment.

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