Designing in Virtual Reality

"The challenge is to break the stereotype of the shipbuilding industry being a traditional craft”

GOGL Cuts Loss amid Improved Dry Bulk Market

Nasdaq-listed dry bulk shipping company Golden Ocean Group Limited managed to cut its net loss for the second ...

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Tallink Grupp Extends Superfast Vessel Charter

Estonian shipping company Tallink Grupp informed that its subsidiary Baltic SF IX Limited has extended a charter ...

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Norden Cuts 2017 Outlook

Danish shipping company Dampskibsselskabet Norden A/S has trimmed down its expectations for the adjusted results ...

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Port of Hamburg's Cargo Volumes Slightly Down in 1H

Germany’s Port of Hamburg saw a 0.2 percent decrease in seaborne cargo throughput which totaled 70 million ...

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Spotted: COSCO Carries Shell's Appomattox Hull

In today’s spotted we bring you an image of MV Xin Guang Hua which recently loaded the hull of Shell’s ...

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Wan Hai Bins Order for Eight Feeders

Taiwan’s shipping company Wan Hai Lines has decided to terminate a shipbuilding contract for eight feeder vessels, ...

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HMM Sets Sights on Arctic Shipping

South Korean container shipping company Hyundai Merchant Marine (HMM) is reviewing Arctic shipping opportunities as ...

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ABS: 43 Pct of Installed BWMS Considered 'Problematic'

57 percent of ballast water management (BWM) systems installed on vessels were being operated, while the rest were ...

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Carnival Making Strides on Cutting CO2 Footprint

Cruise liner major Carnival Corporation claims to be ahead of schedule on reducing its carbon intensity and on ...

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Crew Evacuated from Bibby Line's Troubled Ship

The crew of MV Cheshire has been evacuated as the bulk carrier suffered from overheating of the fertilizer being ...

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Cochin Shipyard Collects USD 225 Mn from Its IPO

India’s Cochin Shipyard has raised INR 14.4 billion (USD 224.8 million) from its initial public offering ...

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Golar LNG Inks Deal on Hilli’s Dropdown

Golar LNG, owner and operator of LNG carriers and FSRUs, together with its affiliates Keppel Shipyard and Black and ...

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LR Joins Project to Build World’s Biggest Sailing Cargo Ship

UK-based maritime classification society Lloyd’s Register (LR) has joined the Quadriga sustainable shipping ...

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Maersk Tankers Sinks to USD 483 Mn Loss

Declining spot market rates and vessel impairments have pushed tanker shipping company Maersk Tankers to a USD ...

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Cambodia Gets Loan for Sihanoukville Port Expansion

The Japan International Cooperation Agency (JICA) has signed a loan agreement to provide up to CNY 23.5 billion ...

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Carrier Consolidation Turns Up the Heat on APM Terminals

The ongoing consolidation of container carriers through acquisitions and alliances continues to exert pressure ...

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Product Tanker Woes Hit TORM's Earnings

Pressured by a difficult product tanker market, Danish shipping company TORM ended the second quarter of 2017 with ...

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Maersk Group Bleeds Red Ink in Q2

Danish energy and transportation giant A.P. Moller – Maersk sailed into a loss of USD 264 million in the ...

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Video: Royal Caribbean Cuts Steel for Newest Ship

Video Courtesy: Royal Caribbean Miami-based cruise company Royal Caribbean International has marked the official ...

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Tanker Market Earnings on Path to Recovery?

Tanker market earnings in the third quarter of 2017 are encountering difficulties, but peaking fleet growth and ...

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CEO: Cyber Attack to Cost Maersk Up to USD 300 Mn

The cyber attack that hit Danish-based A.P. Moller – Maersk on June 27 is expected to damage the ...

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Maersk Line Is Profitable Again

Danish container shipping major Maersk Line returned to profit, CEO of A.P. Møller – Mærsk A/S, Søren Skou, ...

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UPT Adds Two Vessels to Handy Pool

Hamburg-based shipping company United Product Tankers (UPT) informed that its UPT Handy Pool Fleet has been ...

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Port of Oakland Adds New Equipment to Cut Ship Emissions

Californian Port of Oakland has commissioned new equipment bolstering efforts to curb diesel emissions from ships. ...

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Australia Fines Adani for Abbot Point Pollution

Mining giant Adani has been fined for breaching pollution limits from its Abbot Point coal terminal in ...

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Clarksons Delivers Strong 1H Results

London-based provider of integrated shipping services Clarkson PLC (Clarksons) saw a strong financial performance ...

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Niche Carriers Offer Better Rewards, but with Higher Risks

Niche carriers have both outperformed and vastly underperformed the top 16 carriers, with a high degree of ...

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