Designing in Virtual Reality

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

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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Port of Montreal Can Now Power Cruise Ships with Electricity

The Montreal Port Authority (MPA) has completed its shore power project allowing vessels that dock at the ...

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SITC Orders Four More Boxships in Korea

SITC Shipowning, a subsidiary of SITC International Holdings, has placed an order for four more containerships at ...

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Ongoing Merger with Navig8 Postpones Scorpio's 2Q Results

Monaco-based tanker shipping company Scorpio Tankers revealed it will release its second quarter 2017 earnings on ...

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MPA Singapore Revokes Panoil's Bunker Craft Operator Licence

Bunkering company Panoil Petroleum will no longer be allowed to work as a bunker craft operator in the Port of ...

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Western Bulk Cuts Loss amid Improved Dry Bulk Market

Norwegian dry bulk operator Western Bulk managed to shrink its net loss in the first half of the year to USD ...

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Navig8 Chems Still in the Red

Driven by lower time charter equivalent (TCE) rates, chemicals transportation company Navig8 Chemical Tankers ...

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Video: CSCL Jupiter Refloated off Antwerp

CSCL Jupiter, the 366-meter long containership which ran aground near Bath, the Netherlands on August 14, was ...

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Box Volumes Drive HHLA's Revenue Growth

German terminal operator Hamburger Hafen und Logistik AG (HHLA) saw a 12 percent rise in its container throughput ...

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dship Carriers in Fleet Growth Mode

dship Carriers, a multi-purpose project carrier belonging to the deugro Group, is expanding its fleet by adding ...

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DSME Stays in Black in H1

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co (DSME) informed that it has achieved two ...

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Weak Freight Outlook to Affect VLGC Asset Values

Given the weak freight rate outlook for LPG shipping over the next twelve months, there is more downside risk to ...

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