NYSHEX CEO: Digitization Is the New Normal

CEO of New York Shipping Exchange speaks about progress made so far and future plans.

IFLNG’s Gas Export Deal with Iran Shelved

Iran has decided to put on hold its deal with IFLNG on the export of liquefied natural gas.

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Container Volumes Boost Growth in Rotterdam

Strong container volumes pushed the overall growth in the port of Rotterdam throughout 2017.

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The Ocean Cleanup to Assemble 1st System in Alameda

The Ocean Cleanup and the City of Alameda have signed a lease agreement for Alameda Point.

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Cochin Shipyard Worker in Critical Condition after Blast

A worker of the Cochin Shipyard who sustained severe burns in the blast on February 13 is in a critical condition.

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SeaIntel: Vessel Utilisation, Freight Rates Drop in 4Q 2017

Vessel utilisation, rate levels decrease year-on-year on both Transpacific and Asia-Europe trades in 4Q.

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Construction Starts on Sirius' 1st EVOLUTION Tanker

On February 1, the keel was laid for Sirius Shipping's new oil/chemical tanker.

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Maersk Line Reports Two Sulfur Cap Breaches in 2017

Maersk Line identified two instances of non-compliance with the 0.1 pct sulfur cap in 2017.

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Viking Line's Yearly Income Shrinks

Viking Line's income after taxes decreased to EUR 5.3 million in 2017.

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Maersk CEO: Alang Yards Catching Up with Rivals

Shipbreaking yards in Alang, India seem to be on the track of transformation, according to Maersk.

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Africa Welcomes First Nickel Ore Carrier

The Autonomous Port of Abidjan in Africa welcomed its first nickel ore carrier on February 14.

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Safe Bulkers Widens Net Loss in 4th Quarter

Safe Bulkers' net loss reached USD 86.6 million in 4Q 2017, against USD 4.6 million reported a year earlier.

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Odfjell Reports Improved 4Q 2017 Results

Although challenging chemical tanker market continued, Odfjell improved its earnings in 4Q 2017.

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North Korean Ship in Third Suspicious Transfer of Goods

North Korean tanker spotted by a Japanese plane in yet another suspected illegal transfer of goods.

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Port of Hamburg Getting Ready for Future Growth

Port of Hamburg preparing for the future with the Elbe project, improved infrastructure and digitalization.

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GMS Denies Links to Seatrade’s Beached Quartet

GMS refutes allegations made by the NGO Shipbreaking Platform regarding the purchase of Seatrade's four reefers.

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Waterfront to Add Four More Methanol-Fueled Ships

WFS, partners invest in four new ocean-going vessels powered by clean-burning methanol fuel.

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SCF Tanker Grounded in Suez Canal due to Steering Failure

Sovcomflot's tanker Zaliv Amurskiy grounded in the Suez Canal on February 13 due to a steering failure.

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TEN Extends Charters for Seven Panamax Tankers

TEN agrees charter extensions for seven Panamax tankers with an undisclosed state oil company.

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Yilport on a Growth Course

Yilport Holding recorded a 9% year-on-year increase in container volumes in 2017.

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 Oversupply to Turn Up the Heat on Chemical Shipping in 2018

Chemical shipping freight rates will weaken due to the depressed outlook on overtonnaged long-haul routes.

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Spotted: Damen Makes Seafox 5 Fit for Offshore Wind Work

Seafox 5 has left Damen Verolme Rotterdam (DVR) shipyard following a four-month refit.

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Strong Volumes Drive Up WWL ASA Earnings

Wallenius Wilhelmsen Logistics (WWL ASA) reports strong results for 4Q 2017.

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Scorpio Tankers Slips Further into the Red

Scorpio Tankers has reported a widened net loss for Q4 and full year.

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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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