MSC Joins CMA CGM, Hapag-Lloyd in Discarding NSR

MSC Isabella

A surge in container shipping traffic in the Arctic could cause environmental damage, the company said.

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SBM Offshore Obtains USD 1.14 Bn Bank Loan for Liza Unity

SBM Offshore

SBM Offshore completes the project financing of FPSO vessel Liza Unity for a total of USD 1.14 billion.

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Dry Bulk Drives Port of Antwerp Freight Volume Growth

Port of Antwerp

Breakbulk, impacted by sanctions, saw the greatest drop in volumes.

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KHI: Ultramax FJM Glory Delivered at DACKS

Bulk carrier

Shipping company Stiringaster Line has taken delivery of FJM Glory, a 61,000 dwt bulk carrier newbuilding.

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America's First LNG ATB Launched

VT Halter Marine

Halter Marine has launched Q-LNG 4000, America's first offshore LNG articulated tug and barge (ATB) unit.

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Philippines: Chelsea Logistics Buys Ferry Operator SuperCat

Ferry

Chelsea Logistics continues expansion.

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Belships Hires Ultramax Newbuild

bulker

Belships has agreed a seven-year bareboat charter for a 61,000 dwt Ultramax bulk carrier newbuilding.

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Modec to Provide FPSO for Brazilian Marlim Project

Modec

Modec receives LOI from Petrobras for the supply, charter, and operations of an FPSO vessel for the Marlim ...

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Germany Promotes Shore-Based Power to Cut Emissions in Ports

Hamburg Port

Germany is launching a set of measures to promote shore-generated power in an effort to make its ports cleaner.

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AET Names Dual Fuel Shuttle Tankers for North Sea Ops

AET LNG Dual-Fuel Dynamic Positioning Shuttle Tanker

The dynamic positioning shuttle tankers will operate in the North Sea.

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Tender Launched for Port of Sines Vasco da Gama Terminal

Port Sines

The government will pick a concessionaire who will invest in the port's expansion.

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IBM Joins Mayflower Autonomous Ship Project

Mayflower

Mayflower, a fully-autonomous ship, is planned to cross the Atlantic in September 2020.

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Hutchison Ports Starts 2nd Phase of Karachi Port Expansion

Container terminal

Pakistan Deep Water Container Port is the country's only deep-water port.

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Navios Partners Repays USD 418.5 Mn Loan

navios_lumen_bc

Navios Maritime Partner managed to repay a major loan amounting to USD 418.5 million.

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Global Piracy on the Decline, IMB Report Indicates

Piracy

Gulf of Guinea remains a high risk area, it was noted.

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Gazprom Neft Opens Marine Lubricants Company in Singapore

bunkering

Gazprom Neft establishes Gazpromneft Marine Lubricants, a new operating company with an office in Singapore.

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Ocean Yield Acquires Newbuild Pair with Long-Term Charter

Bulker

Ocean Yield ASA is to acquire two 2020 Bulkers' Newcastlemax newbuilds with a 13-year bareboat charter.

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Princess Cruises Takes Delivery of 4th Royal-Class Ship

Fincantieri

Fincantieri delivers Sky Princess, the newest Royal Princess class ship, to Princess Cruises.

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Green Marine Welcomes Port of Galveston

Cruise ships

The US Port of Galveston joins Green Marine, a voluntary environmental program for North America’s maritime industry.

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Mauritania's Port of Nouadhibou Readies for Larger Ships

Port of Nouadhibou

The port's mineral terminal is an important iron ore export facility.

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Norway Fines Wirana for 2017 Tide Carrier Incident

Tide Carrier

Wirana attempted to sail the ship illegally to a shipbreaking yard in Pakistan.

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AIDAcosma Will Be AIDA Cruises' 2nd LNG-Powered Ship

AIDAcosma

Neptun Werft has held a keel-laying ceremony for AIDA Cruises' second LNG-powered cruise ship.

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Greece Approves Part of COSCO's Investment Plan for Piraeus

Piraeus Port

Proposal for an EUR 300 million investment in the fourth container terminal in Piraeus was put on hold.

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South Asian Shipbreaking Yards Claim 19 Lives This Year

Shipbreaking

Another 30 have been severely injured.

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DSME Wins Order for Five Boxships

DSME

Daewoo Shipbuilding & Marine Engineering receives a contract to build 5 containerships.

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MOL, Tohoku to Advance Study on Wind Challenger Installation

MOL

MOL, Tohoku Electric Power are to move ahead with a joint study related to the installation of Wind Challenger.

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LNG Shipping Rates Rise as Sanctions Hit Vessel Availability

GasLog

The LNG shipping market finally came to life when a combination of factors worked in tandem to squeeze the vessel supply.

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