LNG as Fuel Perfect Bridge until 2050
Alexander P. Panagopulos, CEO of Forward Ships: LNG as marine fuel is the future.
→Shanghai Salvage Starts Removing Kea Trader Debris from Reef
Shanghai Salvage Company (SSC) started recovering debris from the reef where Kea Trader ran aground a year ago.
read more →Bulker Banned from Australian Ports for Underpaying Crew
Hong Kong-flagged bulker MV Shandong Hai Wang has been banned from Australian ports for 12 months.
read more →CMA CGM Clears Regulatory Hurdles for Investment in CEVA
CMA CGM has obtained all regulatory approvals to complete its investment in Swiss logistics company CEVA.
read more →India Fines South Asia LPG for Anticompetitive Conduct
India has fined South Asia LPG for abuse of dominant position for terminalling services at Visakhapatnam Port.
read more →Port of Virginia Delivers 4th Consecutive Year of Growth
Port of Virginia's volumes increase to 2.8 million TEUs during fiscal year 2018, mainly due to a rise in imports.
read more →Canada's HEA, ILA Reach New Labour Contract
Halifax Employers Association, International Longshoremen’s Association ratify a tentative new labour contract.
read more →Nakilat Sees Higher First-Half Profit
Qatar-based shipping company Nakilat reported a 9 percent profit increase for the first half of this year.
read more →Thoresen Sells Handymax Oldie
Thailand's Thoresen Thai Agencies has disposed of Thor Enterprise, a 42,500 dwt bulk carrier.
read more →NOC Lifts Force Majeure at Libya's Four Ports
National Oil Corporation is lifting force majeure at Libya's ports of Ras Lanuf, Es Sider, Hariga and Zuetina.
read more →China Ocean Industry, Partners to Create Shipbuilding JV
China Ocean Industry agrees with a company listed on SGX and Wuxi Tianshi Education Goods to establish a shipbuilding JV.
read more →I.M. Skaugen Unveils Massive Court Dispute with Teekay
I.M. Skaugen has revealed a massive legal process with a former partner in the gas market, Teekay LNG Partners.
read more →LNG Bunkering Project Gets Support from Japanese Gov't
Japan awards a subsidy for a project aimed to support the LNG bunkering in Tokyo Bay.
read more →Container Prices to Squeeze Leasing Rate Returns
Drewry: Container equipment rental rates and cash investment returns remain weak, despite last year's recovery.
read more →IRClass Starts Issuing Electronic Certificates
Indian Register of Shipping has started issuing electronic certificates to all of its classed vessels.
read more →Scenic Eclipse Launch Delayed by Five Months
Scenic has informed that the launch of Scenic Eclipse has been pushed from late August 2018 to late January 2019.
read more →Fire Hits Bulker in Dordrecht, Netherlands
A fire breaks out on an ocean-going vessel at Mallegat-Noord in Dordrecht, the Netherlands.
read more →MAN to Propel Pasha Hawaii's LNG-Fuelled Boxships
MAN is to provide propulsion systems for two LNG-fueled containerships being built for Pasha Hawaii.
read more →DryShips Sells VLGC Quartet and Two Panamaxes
DryShips has unveiled agreements to sell a number of its ships, including its four very large gas carriers (VLGCs).
read more →CMA CGM Extends Charter for Diana Containerships' Unit
Diana Containerships, CMA CGM agreed to extend the present time charter contract for the Panamax vessel Domingo.
read more →Philippines Fears Oil Spill after Ship Runs Aground
Three holes have been detected in the hull of a cargo vessel which ran aground on July 8 off Agusan del Norte.
read more →BIMCO: 2018 Absolutely Horrible for Crude Oil Tankers
A historically bad crude oil tanker market is struggling to find solid support, BIMCO said in its latest report.
read more →Carnival Urged to Stop Using HFO on Cruise Ships in Arctic
Environmental groups call on Carnival Corporation to stop using HFO on ships traveling in Arctic waters.
read more →Enthusiasm for New Ship Orders Started to Wane
VesselsValue: Enthusiasm for ship orders has started to wane after over USD 10 billion were committed in 1Q of 2018.
read more →Diana Shipping Secures Charter for Panamax Bulker
Diana Shipping inks a time charter contract with Singapore's ST Shipping and Transport for one of its Panamax vessels.
read more →European Ports Want 'Polluter Pays' Principle Strengthened
European ports do not want to carry the costs of "unreasonable amounts" of garbage delivered by ships, according to ESPO.
read more →Hapag-Lloyd Dismisses CMA CGM Merger Reports
Hapag-Lloyd dismissed reports that its French counterpart CMA CGM proposed a merger between the parties.
read more →Chinese Bank Provides Funding for Navibulgar's Newbuilds
The Export-Import Bank of China is to provide USD 94 million in financing for Navibulgar's six new bulk carriers.
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