HMM Eyes USD 614 Mn from Share Sale

Hyundai Merchant Marine (HMM) is targeting to raise KRW 693.6 billion (USD 614 million) from a sale of shares, the ...

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Eleven Missing after Bulker Sinks off Philippines

Eleven crew members are missing after the 57,367 dwt bulk carrier Emerald Star sank in the morning hours of October ...

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Varun's Ships Banned from UAE Ports

All ships belonging to Varun Resources Limited have been banned from calling the United Arab Emirates (UAE) ports, ...

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First Attempt to Refloat Kea Trader Fails

The first attempt to refloat the grounded containership Kea Trader earlier this week failed, according to data ...

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Car Carries Get Bigger as Transport Demand Shrinks

While global production of motor vehicles continues to grow, rising by 4.6% in 2016, the seaborne trade volumes of ...

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HHI's Survival Put to Question If Order Shortage Persists

Despite a surge in orders at South Korean shipyards in September which enabled them to overpower their Chinese ...

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Financial Burden from Upcoming Regulations Imminent

The forthcoming environmental regulations are likely to affect the global container shipping industry in an ...

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Wärtsilä Installs Hybrid System on OSV Viking Princess

Finnish technology group Wärtsilä has installed a hybrid energy system on board Norwegian offshore supply vessel ...

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TPT Declares Force Majeure at Richards Bay Terminal

South African terminal operator Transnet Port Terminals (TPT) has declared Force Majeure at its terminal facilities ...

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Hilli Episeyo Sets Sail from Singapore to Cameroon

The world’s first converted floating liquefaction (FLNG) unit Hilli Episeyo has departed Singapore and is on ...

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Fleetscape Raises USD 400 Mn of Capital

Capital provider to the maritime industry Fleetscape Capital Holdings Limited (Fleetscape) has collected USD 400 ...

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Hapag-Lloyd Cruises Cuts Steel for 2nd Expedition Ship

German cruise company Hapag-Lloyd Cruises launched the construction of its second expedition ship HANSEATIC ...

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Celebrating 10 Years of Offshore Energy

Offshore Energy Exhibition & Conference brought together over 550 exhibitors and 12,145 visitors in halls 1, 2 ...

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Diana Sends Bulker Grounded in July to Scrap

Greek shipping company Diana Shipping has decided to scrap its 2004-built vessel Melite which sustained damage to ...

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TOTE's Productivity Increases at Port of San Juan

Jacksonville-based TOTE Maritime has reported an overall productivity rise at the Port of San Juan as more ...

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Bulkers Crash in Brazil

Two bulk carriers, UK-flagged Eden Bay and Bahamas-flagged Mazury collided in the Fazendinha anchorage area, Amazon ...

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Contanda to Build Terminal on Houston Ship Channel

Contanda Terminals LLC, a provider of bulk liquid storage and logistics services in North America, has signed a ...

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Berth Productivity Rises at ICTSI's Manila Terminal

International Container Terminal Services, Inc. (ICTSI) has seen record productivity at its flagship Manila ...

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Pacific Basin Eyes More Second-Hand Ships

Following the purchase of five dry bulkers in August, Pacific Basin Shipping Limited is exploring more acquisitions ...

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INTERCARGO's Registered Ships Up by 48 Pct

The number of ships registered in the International Association of Dry Cargo Shipowners (INTERCARGO) has surged by ...

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Gothenburg Will Not Increase Port Tariff in 2018

Swedish Port of Gothenburg has decided not to increase the charges set out in the port tariff for the third year in ...

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Bulker Grounds on Shoal off New Brunswick

The 81,262 dwt bulk carrier SBI Carioca ran aground off the coast of New Brunswick in the morning hours of October ...

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CMA CGM to Set Up Its Own Start-Up Incubator

French container shipping company CMA CGM is planning to create its own start-up incubator in Marseilles, and to ...

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Report: Russia to Launch Shipping Service to Syria

Russia is looking to launch a direct shipping service to Syria, Dmitry Rogozin, Russia’s Deputy Prime ...

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Wärtsilä Speeds Up Intelligent Vessel Development

In an effort to speed up innovation and co-creation on new business models, including intelligent ...

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First Shipments of Yamal LNG to Start in November

The first two shipments of liquified natural gas (LNG) from the Yamal LNG project are scheduled to be transported ...

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Better Steel Market Drives Essar Ports' Cargo Volumes Up

India’s port company Essar Ports saw a 19 percent growth in cargo handled during the first half of fiscal ...

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