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

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Fifteen Injured in Ship Collision in the Baltic Sea


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

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Euronav Disposes of Its Only LR1 Tanker


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

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d’Amico Joint Venture Sells MR Product Tanker


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

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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).

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Danaos Delivers Major Loss due to Impairments


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

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Damaged Yantian Express Boxes Yet to Be Discharged


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

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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.

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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.

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COSCO, Bolloré Team Up to Create Business Synergies


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

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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.

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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.

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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.

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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.

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MHI to Join the Charter of Trust for Cybersecurity


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

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GoodBulk to Make Its Capesize Ships BWMC Compliant


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

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GOGL Profitable Despite Capesize Rates Decline in Q4


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

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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.

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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.

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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.

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Moody's Upgrades Hapag-Lloyd Ratings

Hapag-Lloyd containership

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

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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.

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Two Workers Die Following Tanker Fire in Chittagong


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

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Fire-Stricken Olga Maersk to Miss Repair Deadline


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

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SAAM Sells Stake in Chilean Terminal Puerto Arica


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

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Stena Buys Japanese Ferry for RoPAX Rebuild

The vessel is to be rebuilt in Europe.

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Techcross Reveals Surge in BWMS Orders


BWMS manufacturer Techcross received 242 orders in January alone.

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