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Vale's Recovery to Be the Biggest Swing Factor for Iron Ore

Bulker

Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20.

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Petronas Pens 12-Year LNG Supply Deal, Orders New Ships

LNG Carrier

The LNG supply deal covers a 12-year term starting from 2022.

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Kidnapped Duke Crew Released, One Dies in Captivity

Tanker

Nineteen kidnapped crew members of the tanker Duke have been released while one seafarer died in captivity.

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Readers' Picks of the Week

shipping

Here are the most read stories of the previous week.

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Hapag-Lloyd Inks Space Charter Deal with Maersk and MSC

Hapag-Lloyd

Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance.

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Low-Sulfur Fuel Sales Rise as Industry Responds to IMO 2020

shipping

The final quarter of 2019 marked a massive decline of HSFO sales as IMO2020 entered into force.

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Safe Bulkers Agrees Sale and Leaseback for Eight Ships

Safe Bulkers

Safe Bulkers has entered into sale and leaseback agreements with respect to eight vessels.

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Qatargas Ships 1st Q-Flex LNG Cargo to Bangladesh Summit LNG

Qatargas

Qatargas has delivered the first Q-Flex cargo of LNG to the Summit LNG FSRU.

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Search Ends for 2 Missing Men after Collision with Tanker

USCG

The 2 fishermen went missing after their vessel collided with Odfjell's chemical tanker.

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Diana Shipping Secures Work for Kamsarmax Bulker

bulker

Diana Shipping inks a time charter contract with Aquavita International for a Kamsarmax ship.

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MAIB: CMA CGM Ship Lost 137 Containers after 20-Degree Rolls

CMA CGM

Two years ago, CMA CGM G. Washington experienced 20° rolls leading to the collapse of three container bays.

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Trafigura Backs Carbon Levy and Slow Steaming

tanker

Trafigura says chartered vessels account for 87 percent of its GHG emissions.

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THE Alliance Upgrades Service Network as It Welcomes HMM

shipping

THE Alliance has unveiled an expanded service network for 2020 as it is welcoming HMM.

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MSI Predicts Dismal Q1 for Bulker Operators

bulker

Dry bulk carrier operators don't seem to have a lot of reasons to be jolly as they enter 2020.

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Fuel Spills from Fishing Boat after Collision with Tanker

The stern of the 81-foot fishing vessel Pappy's Pride

A containment boom placed around capsized Pappy's Pride after collision with Odfjell's chemical tanker.

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US, China Reach 'Phase One' Trade Deal

The United States and China have signed a "phase one" economic and trade agreement.

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Flex LNG Extends Charter for 2018-Built LNG Carrier

LNG carrier

Flex LNG extends a time charter agreement for Flex Enterprise, a 173,400 cbm vessel.

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LR: Industry Players Join Forces on Ammonia-Fueled Tanker

Ammonia-fueled tanker

MISC Berhad, SHI, LR and MAN Energy Solutions have decided to work together to develop an ammonia-fueled tanker.

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Bow Fortune Collides with Fishing Vessel; 1 Dead, 2 Missing

Odfjell logo

Bow Fortune collided with a fishing vessel in Galveston, Texas.

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Suez Canal Authority Bans Scrubber Wash Water Discharge

Traffic in the Suez Canal

Discharging scrubber wash water in the Suez Canal is strictly forbidden.

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Pyxis Tankers Wraps Up MR2 Ship Sale

Tanker

Greek product tanker company Pyxis Tankers has completed the sale of one of its MR2 chemical/product tankers.

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Shipping Industry Needs to Tackle Misdeclared Cargo in 2020

containership fire

Onboard fires caused by misdeclared cargoes is a growing issue that needs to be addressed this year, iContaines says.

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Eagle Bulk Becomes Member of Getting to Zero Coalition

Eagle Bulk

Connecticut-based ship owner and operator Eagle Bulk Shipping has joined the Getting to Zero Coalition.

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One Sea Alliance Welcomes New Chairman

One Sea

One Sea, the industry alliance promoting autonomous shipping, has appointed Capt Eero Lehtovaara as its new Chairman.

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HMM’s 24,000 TEU Mega Ships to Start Delivery in April

HMM

The sequential delivery of the new containerships coincides with the company's entry into THE Alliance.

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Unprecedented Rise of Crew Kidnappings in Gulf of Guinea

pirate flag

The number of crew kidnapped in the Gulf of Guinea increased by more than 50% y-o-y.

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TORM Nets USD 496 Mn for Debt Refinancing

TORM LOGO

TORM has obtained a commitment for a total of USD 496 million from a syndicate of lenders.

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