Transformation of How Ports Operate Imminent

IBM expert discusses digitization of the maritime industry.

Bourbon Shedding 41 Non-Smart Ships

Bourbon to sell 41 supply vessels as they cannot be connected within the group's smart shipping program.

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Louisiana Offshore Port Tests VLCC Loading

Louisiana Offshore Oil Port LLC (LOOP) launches test loading of a very large crude carrier (VLCC).

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Fitch: US Could Opt to Withdraw from NAFTA

There is a possibility that US may withdraw from NAFTA, according to Emma Griffith, Fitch Ratings.

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Epic Gas Delivers Loss in 2017

Epic Gas delivers loss of USD 30.9 million for 2017, against USD 23.3 million reported a year earlier.

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Piraeus Port Sees Profit Surge under COSCO's Ownership

Piraeus Port Authority (PPA) reports profit increase first full year under the new ownership.

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Keppel Confirms Receiving Summons in New EIG Lawsuit

Keppel Offshore and Marine Limited (KOM) has been served with a summons within a civil action lawsuit filed EIG.

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FY19 Budget to Cover Port of Corpus Christi CIP

The Port of Corpus Christi's CIP was included in the fiscal year 2019 Presidential Budget.

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Baleària Invests USD 93 Mn in Ferry Trio

Baleària recently invested nearly EUR 75 million in the fleet expansion.

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Carnival Panorama to Homeport in Long Beach

Carnival Cruise Line's Carnival Panorama will be homeported in Long Beach from December 2019.

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NYK Looking into Embezzlement Case in China

Nippon Yusen Kabushiki Kaisha has discovered a potential embezzlement case in one its subsidiaries.

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MISC Posts Huge Drop in Profit

MISC Berhad (MISC) posts a 90.6 percent drop in its 4Q 2017 profit.

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Latvian Shipping Delists from Baltic Stock Exchange

Latvian Shipping Company delisted its shares from the Baltic Main List on February 13, 2018.

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Alphaliner: Minimal Disruptions Expected in ONE Switch

Alphaliner: ONE to introduce only minor changes to existing service offerings of K Line, MOL and NYK.

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Dual-Fuel Dredger Conducts LNG Bunkering in Germany

Dredger Scheldt River receives LNG fuel in Germany's largest LNG bunkering operation.

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Diana Containerships Sells Panamax for Scrap

Diana Containerships has reached a deal to sell its 2006-built vessel New Jersey for demolition.

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Navios Partners Raising Funds for Vessel Acquisitions

Navios Partners selling shares to raise funds for general working capital purposes and vessel acquisitions.

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Dutch Prosecutor Charges Seatrade for Beaching Ships

This is the first time in Europe that criminal charges were raised against a shipowner for beaching vessels.

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Finnlines Denied Right to Appeal in Fairway Dues Dispute

Finnlines did not get the leave to appeal on the fairway dues dispute with the Finnish state.

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Cosco Shipping Leasing to Raise Cash for Loan Repayment

Cosco Shipping Leasing is to raise USD 318.2 million through the issuance of asset-backed securities.

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MOL Inks Partnership with NCC

Mitsui O.S.K. Lines (MOL) signs a capital and business alliance agreement with Nippon Concept Corporation (NCC).

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Yang Ming All Set to Rejuvenate Fleet with 20 Boxships

Yang Ming has received a green light from its board to move forward with the fleet renewal plan.

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DCT Gdansk to Continue Growing in 2018

After it saw a growth rate of 24% in 2017, DCT Gdansk aims to continue growing this year as well.

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Cheniere Ordered to Shut Down 2 Tanks at Sabine Pass

The US regulator orders Cheniere Energy to shut down two storage tanks at its Sabine Pass LNG export facility.

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Triyards Agrees Short-Term Loan with Ferrell Vanguard

Triyards has entered into an exclusivity and short-term loan agreement with Ferrell Vanguard.

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Spotted: New Bitumen Tanker Joins Thome Group

Ship manager Thome Group welcomes to its fleet Star River, a bitumen tanker newbuild.

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Report: HMM to Start Ordering ULCVs from Next Month

Hyundai Merchant Marine is expected to place orders for up to 20 ULCVs, starting from March.

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BW Gas behind Last Week's LNG Carrier Order at DSME

BW Gas is the shipowner that ordered two LNG carriers at DSME last week.

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