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Nakilat Boasts Highest Profit Ever

Al Mafin

NAKILAT records stellar performance in 2019.

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Liners Turn to Surcharges as Reefers Get Diverted in China

containers

Reefer shipments being diverted and relocated amid a shortage of reefer plugs at Chinese ports.

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Ystad Gets EIB Loan for Port Expansion

EURO

EIB signs a USD 46 million loan agreement to enable the Port of Ystad to accommodate climate-friendly vessels. 

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Slowing World Trade Affects Port of Rotterdam Volumes

Rotterdam

The Port of Rotterdam's freight throughput remained flat in 2019, as growth in international trade lost momentum.

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National Geographic Endurance Aces Sea Trials

NG Endurance

The National Geographic Endurance, a new polar expedition ship, has completed sea trials in Storfjorden, Norway.

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GOGL Refinances USD 284 Mn Loan

Bulker

GOGL refinances USD 284 million loan facility covering 15 vessels.

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Ships Transiting Panama Canal to Face Over 30 Pct Price Hike

Panama Canal

Ships transiting the Panama Canal could face price hikes of over 30% by April 1, 2020, due to new charges.

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Ghost Ship Washes Ashore in Ireland

MV Alta

A vessel without a single soul on board ran aground near Ballycotton, Cork in Ireland.

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Coronavirus Case Confirmed after Hundreds Leave Westerdam

Westerdam

A passenger who recently disembarked Westerdam in Cambodia tested positive for coronavirus in Malaysia.

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Maersk Tema Boarded by Pirates off Guinea, Crew Safe

Maersk Tema

Maersk Tema boarded by pirates while underway off the coast of West Africa on Friday, February 14.

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Thenamaris Lifts Option for 4th LPG Carrier at Hyundai Mipo

Hyundai Mipo

Thenamaris has declared an option for the fourth in a series of 38,000 cbm LPG carriers.

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Coronavirus Outbreak: VLCCs Hit the Hardest

Tanker

The daily cost of hiring a VLCC for 12 months has fallen by over 20% in the last month.

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HHLA Handles More Containers in 2019

HHLA

HHLA closed the 2019 financial year with a rise in both its container throughput and revenue.

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HMM Eyes Improved Performance in 2020

Hyundai Containership in Virginia

HMM)is bullish on its performance in 2020, relying heavily on its new cooperation with THE Alliance.

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Australia Releases Yang Ming Containership from Detention

Yang Ming

YM Eternity has been released from detention in Australia, Yang Ming confirmed.

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DP World Returns to Private Ownership

DP World

DP World is returning to private ownership and delisting its shares from Nasdaq Dubai.

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Kawasaki Bags Order for LPG Carrier

LPG

Kawasaki Heavy Industries has won an order for the construction of an LPG-fuelled LPG carrier.

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AMSA: Safe Box Stowage Planning Crucial to Prevent Accidents

YM Efficiency

The loss of containers overboard from YM Efficiency highlights the importance of safe container stowage planning.

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US, Canada Start Evacuating Diamond Princess Passengers

Diamond Princess

The US and Canada are sending airplanes to Japan to evacuate their citizens from Diamond Princess.

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First Semi-Automated Terminal in Italy Starts Ops

APM Terminals

APM Terminals' new Vado Gateway terminal received its first commercial service on February 11.

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Diana Shipping: Panamax Sale Fails

bulker

A buyer of Diana Shipping' Calipso gives up on the vessel purchase.

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Readers' Picks of the Week

cargo-ships

Here are the most read stories of the previous week.

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PIL Exits Transpacific Market

PIL

PIL is to withdraw its services from the Transpacific market to optimize network efficiency.

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Coronavirus Outbreak: Royal Caribbean Cancels 18 Sailings

cruise

Royal Caribbean Cruises has so far canceled a total of eighteen sailings in Southeast Asia.

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Nauticor, Fassmer Team Up on LNG Newbuilding Projects

Nauticor

Nauticor and Fr. Fassmer to cooperate in newbuilding and retrofitting projects for ships with LNG engines.

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Westerdam Cleared for Disembarkation in Cambodia

Westerdam

Cambodian authorities granted clearance to Westerdam to begin disembarkation of passengers.

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APM Terminals Restarts Permit Process for Poti Port

APM Terminals

APM Terminals Poti re-initiates the process to get permits for a new deep-water port.

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