Sailcargo Returning to Basics to Tackle Emissions

Ceiba

Sailcargo goes back to the roots of shipbuilding industry.

Dutch Owner Fined USD 3.4 Mn for Beaching a Ship

Beaching

Dutch ship owner has paid a price tag of almost EUR 3 million for beaching a vessel in India.

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Readers' Picks of the Week

Here are the most read stories from the previous week.

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FSL Trust Sells Product Tanker amid Fleet Renewal Efforts

Tanker

FSL Trust is selling a 2005-built MR product tanker as part of its fleet renewal efforts.

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COSCO Strengthens Presence in Singapore

containers

COSCO Shipping Ports, PSA finalize deal on two new berths at COSCO-PSA Terminal in Singapore.

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CMA CGM Unites Containerships, MacAndrews under One Brand

Containerships

CMA CGM is joining Containerships and MacAndrews under a single brand from April 1, 2019.

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Atlantska Plovidba Raises Its Stake in Dubrovnik Port

Atlantska Plovidba increases its stake in the Port of Dubrovnik.

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AVIC Orders Ten Bulkers from Dalian Shipbuilding

Signing ceremony

AVIC International, SDTR ordered ten bulk carriers at China's Dalian Shipbuilding Industry.

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Algoma to Up Stake in CSL Pool, Acquire Oldendorff's Trio

Algoma Innovator

Algoma to acquire the interest held by Oldendorff Carriers in the CSL International Pool.

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Product Tanker Giant Is Created

BW Group

BW Tankers Limited and Hafnia Tankers have completed their merger.

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Kawasaki Names New LNG Carrier for JERA, NYK

Shinshu Maru LNG carrier

Kawasaki Heavy Industries named a new LNG carrier for a joint venture of NYK Line and JERA.

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Hyundai Samho Bags Order for Crude Carrier Pair

Hyundai Heavy Industries

Hyundai Samho Heavy Industries bags order for crude carrier duo.

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Tanker FSL Singapore Boarded off Nigeria

Tanker

Two perpetrators in a canoe approached and boarded the tanker FSL Singapore off Nigeria, West Africa.

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MV Werften to Expand Design Capacities with Rostock Firm

Global Class ship

MV Werften is expanding its design capacities with the acquisition of the Rostock-based Neptun Ship Design.

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ADNOC Cuts Fuel Consumption, CO2 Emissions by 23 Pct

Tanker

ADNOC L&S reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.

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Stena Line Floats 1st Next Generation Ferry in China

Stena Estrid

Stena Line launched its first next generation RoPax vessel at the Avic Weihai Shipyard in China.

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Small LNG Seagoing Ships to Be Loaded at Wilhelmshaven

FSRU

Wilhelmshaven LNG Terminal to enable the loading of small LNG seagoing vessels.

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Tallink, TalTech to Jointly Develop Smart Ship Solutions

Tallink vessel

Tallink Grupp and TalTech agreed to collaborate with the aim of developing smart ship solutions.

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Zeaborn, BlocBox to Use Blockchain for Maritime Safety

Blockchain

Zeaborn Ship Management, BlocBox to ensure the safety of ships at sea through a blockchain-based project.

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Oman Shipping Company Orders ECO VLCC Pair

tanker

Oman Shipping Company orders two new ECO VLCCs from DSME.

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Seaspan's Unencumbered Vessel Pool Increased to 32 Ships

containership

Seaspan Corporation informed that it had prepaid a credit facility which was secured by eight of its vessels.

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IMB: Piracy Attacks More Than Double in Gulf of Guinea

Piracy watch

IMB PRC: Piracy increased in 2018, with a marked rise in attacks against ships and crews around West Africa.

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Denmark Unveils Cyber Security Strategy for Maritime Sector

Cyber security

Denmark launched a new cyber security strategy for the shipping industry.

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Ocean Alliance to Deploy 330 Ships in New Service

CMA CGM containership

The Ocean Alliance partners would utilize 330 containerships in their new service offering.

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Aegean Marine Petroleum Expects to Exit Chapter 11 Soon

Chapter 11

Aegean Marine Petroleum Network is poised to emerge from Chapter 11.

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Diana Containerships Breaches Minimum Bid Price on Nasdaq

Containership

Diana Containerships has been notified that it is not in compliance with a Nasdaq Listing Rule.

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SCF’s IPO Waiting for Better Days

SCF

Uncertain market conditions coupled with international sanctions against Russia have delayed SCF's IPO.

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Ocean Yield Buys Suezmax Tanker with Long-Term Charter

Tanker

Ocean Yield acquired a 2016-built Suezmax tanker with a 13-year bareboat charter to Okeanis Eco Tankers.

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