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Kidnapped Duke Crew Released, One Dies in Captivity


Nineteen kidnapped crew members of the tanker Duke have been released while one seafarer died in captivity.

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Readers' Picks of the Week


Here are the most read stories of the previous week.

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Hapag-Lloyd Inks Space Charter Deal with Maersk and MSC


Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance.

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Safe Bulkers Agrees Sale and Leaseback for Eight Ships

Safe Bulkers

Safe Bulkers has entered into sale and leaseback agreements with respect to eight vessels.

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Qatargas Ships 1st Q-Flex LNG Cargo to Bangladesh Summit LNG


Qatargas has delivered the first Q-Flex cargo of LNG to the Summit LNG FSRU.

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MSC Cruises' LNG-Fueled Ships to Feature Wärtsilä Equipment

MSC Cruises

Wärtsilä will supply a package of integrated solutions for MSC Cruises' two new LNG-powered ships.

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SAAM to Take Majority Stake in Intertug


Chilean Sociedad Matriz SAAM is to acquire a controlling stake in towage services provider Intertug.

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Diana Shipping Secures Work for Kamsarmax Bulker


Diana Shipping inks a time charter contract with Aquavita International for a Kamsarmax ship.

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MAIB: CMA CGM Ship Lost 137 Containers after 20-Degree Rolls


Two years ago, CMA CGM G. Washington experienced 20° rolls leading to the collapse of three container bays.

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Trafigura Backs Carbon Levy and Slow Steaming


Trafigura says chartered vessels account for 87 percent of its GHG emissions.

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THE Alliance Upgrades Service Network as It Welcomes HMM


THE Alliance has unveiled an expanded service network for 2020 as it is welcoming HMM.

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NYK, Van Oord Jointly Enter Japanese Offshore Wind Market


NYK and Van Oord plan to jointly own and operate Japan-flagged offshore wind installation vessels.

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ClassNK Issues HKC Compliance Statement to Bangladeshi Yard

Class NK

ClassNK has issued HKC Statement of Compliance to PHP Ship Breaking and Recycling Industries Limited.

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Genting Hong Kong Raises USD 900 Mn

Genting Dream

The sale and leaseback transaction was closed with a consortium of four Chinese leasing companies.

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Flex LNG Extends Charter for 2018-Built LNG Carrier

LNG carrier

Flex LNG extends a time charter agreement for Flex Enterprise, a 173,400 cbm vessel.

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LR: Industry Players Join Forces on Ammonia-Fueled Tanker

Ammonia-fueled tanker

MISC Berhad, SHI, LR and MAN Energy Solutions have decided to work together to develop an ammonia-fueled tanker.

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Pyxis Tankers Wraps Up MR2 Ship Sale


Greek product tanker company Pyxis Tankers has completed the sale of one of its MR2 chemical/product tankers.

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Shipping Industry Needs to Tackle Misdeclared Cargo in 2020

containership fire

Onboard fires caused by misdeclared cargoes is a growing issue that needs to be addressed this year, iContaines says.

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Eagle Bulk Becomes Member of Getting to Zero Coalition

Eagle Bulk

Connecticut-based ship owner and operator Eagle Bulk Shipping has joined the Getting to Zero Coalition.

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One Sea Alliance Welcomes New Chairman

One Sea

One Sea, the industry alliance promoting autonomous shipping, has appointed Capt Eero Lehtovaara as its new Chairman.

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Damen Poised to Develop Shipbuilding in Bangladesh

Arnout Damen, CEO of Damen;

Damen, Gentium Solutions to develop shipbuilding and ship repair industry in Bangladesh.

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DP World Wins Ruling Against Djibouti over Box Terminal


DP World has won a further legal hearing against the Government of Djibouti over the Doraleh Container Terminal.

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HMM’s 24,000 TEU Mega Ships to Start Delivery in April


The sequential delivery of the new containerships coincides with the company's entry into THE Alliance.

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TORM Nets USD 496 Mn for Debt Refinancing


TORM has obtained a commitment for a total of USD 496 million from a syndicate of lenders.

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Singapore's 1st LNG-Powered Bunker Tanker Delivered

LNG bunker vessel

Marine Vicky, Singapore's first LNG-fueled bunker tanker, has been delivered to its owner, Sinanju Tankers Holdings.

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Höegh LNG Secures USD 80 Mn Loan


Höegh LNG Holdings Ltd. has received commitment letters for a revolving credit facility of up to USD 80 million.

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Iridium Wins Formal Authorization for GMDSS Service

Iridium receives the Letter of Compliance for Iridium to provide GMDSS services.

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