Bigger Ships on the Horizon for Fujairah

CEO of Fujairah Terminals

CEO of Fujairah Terminals updates on the progress with expansion plans at the port.

Nordic American Tankers Shrinks Quarterly Loss

NAT

NAT wrapped up the fourth quarter of this year with a net loss of USD 10.5 million.

read more →

Fifteen Injured in Ship Collision in the Baltic Sea

collision

15 people injured in a collision between a general cargo ship and a wind farm support vessel off Sassnitz.

read more →

Euronav Disposes of Its Only LR1 Tanker

tanker

Euronav NV sells Genmar Compatriot, a 2004-built LR1 tanker.

read more →

d’Amico Joint Venture Sells MR Product Tanker

Tanker

d’Amico International Shipping has, through its JV, sold a 2009-built MR product tanker for USD 16.4 million.

read more →

DP World Expands with Purchase of UK's P&O Ferries

DP World acquires P&O Ferries

DP World acquired the pan-European logistics company P&O Ferries for a price of GBP 322 million (USD 421 million).

read more →

Danaos Delivers Major Loss due to Impairments

Containership

Danaos Corporation ended the fourth quarter of 2018 with a major loss due to USD 210.7 million impairment charges.

read more →

Damaged Yantian Express Boxes Yet to Be Discharged

Hapag-Lloyd

Yantian Express still waiting for final approval to discharge damaged containers two weeks after it arrived in Freeport.

read more →

Toll Christens Cargo Ship for Australian Bass Strait Route

Toll Group Tasmanian Achiever II

Tasmanian Achiever II, the largest general cargo ship to fly the Australian flag, set to enter service on March 1, 2019.

read more →

Kick-Start Your Career in Maritime, Offshore Sectors

Navingo Career Event

The Navingo Career Event will take place at RDM Rotterdam – Onderzeebootloods on May 23, 2019.

read more →

COSCO, Bolloré Team Up to Create Business Synergies

cosco

Cosco Shipping Lines and Bolloré Transport & Logistics MoU to develop new strategic cooperation.

read more →

Valles Steamship Orders 112,000 dwt Tanker from South Korea

Valles Steamship; Aframax

The Aframax is to be built by Sumitomo Heavy Industries Marine & Engineering.

read more →

DSME Workers Agree to Go on Strike over Hyundai Takeover

The precise date for the strike would be determined at a later point in time.

read more →

Not Recovering IMO 2020 Costs May Lead to Bankruptcies

container shipping industry

A failure to recover the extra fuel costs in full may result in bankruptcies in the container shipping.

read more →

Qatar Confirms Plans to Order Up to 60 LNG Carriers

LNG Carrier

Al-Kaabi, Qatar Petroleum CEO, confirmed Qatar's intentions to order up to 60 LNG carriers.

read more →

MHI to Join the Charter of Trust for Cybersecurity

Cybersecurity

Mitsubishi Heavy Industries has signed a letter of intent to join the Charter of Trust for Cybersecurity in Tokyo.

read more →

GoodBulk to Make Its Capesize Ships BWMC Compliant

goodbulk

GoodBulk plans to equip eleven of its Capesize vessels with ballast water treatment systems in the coming period. 

read more →

GOGL Profitable Despite Capesize Rates Decline in Q4

bulker

Golden Ocean Group remains profitable in 2018 despite weaker Capesize dry bulk market.

read more →

Havyard to Design Two More Cargo Ships for Royal Arctic Line

Royal Arctica

Havyard will deliver ship design for further two cargo vessels for Royal Arctic Line, to be built in Spain.

read more →

Algoma's Newest Self-Unloader Sets Sail for Canada

Algoma Conveyor

Algoma's 3rd Seawaymax Equinox Class 740’ self-unloading dry-bulk carrier is on its way to Canada.

read more →

Gas4Sea Partners Sign LNG Bunkering Deal with Equinor

Engie Zeebrugge

Gas4Sea Partners signed an agreement with Equinor to supply their four crude shuttle tankers with LNG in Rotterdam.

read more →

Moody's Upgrades Hapag-Lloyd Ratings

Hapag-Lloyd containership

Moody's upgraded the corporate family rating of Hapag-Lloyd to B1 from B2.

read more →

Royal Caribbean Orders Sixth Oasis-Class Ship

Symphony of the Seas

Royal Caribbean Cruises ordered the sixth Oasis-class ship from Chantiers de l'Atlantique.

read more →

Two Workers Die Following Tanker Fire in Chittagong

Shipbreaking

A fire in the engine room of a tanker being dismantled on a beach in Bangladesh, claimed the lives of two workers.

read more →

Fire-Stricken Olga Maersk to Miss Repair Deadline

maersk-1

The repair period of Olga Maersk will be extended until February 23, 2019.

read more →

SAAM Sells Stake in Chilean Terminal Puerto Arica

SAAM

Sociedad Matriz SAAM completes the sale of its 15% stake in Terminal Puerto Arica (TPA).

read more →

Stena Buys Japanese Ferry for RoPAX Rebuild

The vessel is to be rebuilt in Europe.

read more →

Techcross Reveals Surge in BWMS Orders

BWTS

BWMS manufacturer Techcross received 242 orders in January alone.

read more →