GulfNav Reports 1Q Profit Surge

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) ended the first three months of 2017 with a 39 ...

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Autonomous Ships Set to Plough the Baltic by 2025

Representatives from marine and IT-industry have teamed up to enable fully remote controlled vessels in the Baltic ...

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WSS to Start Drone Deliveries to Ships

Norway-based ships agency services provider Wilhelmsen Ships Service (WSS) revealed plans to launch drone ...

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Nakilat Presses On with LNG Fleet Management Transition

Qatar’s Nakilat has assumed full ship management and operations of a Q-Flex LNG carrier Onaiza from Shell ...

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Carriers Not Cashing In on Intra-Asia Container Trade Surge

Container traffic within Asia is flying according to trade statistics, but carriers are yet to feel the benefit, ...

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Primerose Shipping Orders Bulker Duo in China

Greek ship owner Primerose Shipping has ordered two bulk carriers in China, shipbroking sources say. The two 81,000 ...

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Diana Shipping Adds 2013-Built Kamsarmax

Greek owner of dry bulk vessels Diana Shipping has taken delivery of M/V Astarte, a 2013-built Kamsarmax bulker, ...

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CMA CGM Books USD 86 Mn in Q1 Profit

French shipping giant CMA CGM reported a consolidated net income of USD 86 million in the first quarter of 2017, ...

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IM Skaugen Claims Victory in Arbitration Case against MAN

Norway based transportation company IM Skaugen said that it has won around USD 15 million in damages in the ...

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INTTRA: Time for Ocean Shippers to Digitize is Now

Digitization is rapidly transforming the ocean container shipping industry, according to ocean shipping electronic ...

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Pyxis Tankers Pushes One-Third of Debt Repayment to 2022

Greece-based Pyxis Tankers has reached a preliminary agreement with one its lenders to extend the maturity of the ...

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N8CT Inks 2nd Sale and Leaseback Deal with SBI

Chemicals transportation company Navig8 Chemical Tankers has entered into a second sale and leaseback deal with ...

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Dynagas LNG Partners Secures USD 480 Mn Loan

Monaco-based owner and operator of LNG carriers Dynagas LNG Partners has closed a USD 480 million Senior Secured ...

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GSI Delivers Final Newbuilding to Navig8 Product Tankers

Petroleum products shipping company Navig8 Product Tankers has taken delivery of the Navig8 Gratitude, a 113,000 ...

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Bulkers Caught Up in Western Sahara Dispute

The authorities in Panama have detained a dry bulk carrier loaded with around 55,000 tons of phosphate rock mined ...

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Awilco LNG Inks Deal with Teekay to Restructure Charters

Norwegian LNG transportation provider Awilco LNG has agreed with its main creditor Teekay LNG Partners on a ...

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Safe Bulkers Narrows Loss as Revenue Climbs

Monaco-based dry bulk shipping specialist Safe Bulkers has reduced its net loss in the first quarter of 2017 to USD ...

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Spotted: Libra FPSO Reaches Brazilian Waters

In today’s spotted we bring you an image of floating production, storage and offloading (FPSO) unit Pioneiro ...

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Top Six Largest Boxships

Starting with the latest addition to the global fleet of super-sized containerships, the recently-christened 21,413 ...

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Six Crew Kidnapped from Cargo Ship off Nigeria

Six crew members have been kidnapped from a general cargo vessel off Nigeria, according to ICC International ...

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European Shipowners Present Brexit Priorities

European shipowners believe that EU shipping should continue to enable free movement of goods and persons after the ...

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Teekay Tankers Bags USD 153 Mn Sale-Leaseback Deal

Tanker shipping company Teekay Tankers, part of Bermuda-based Teekay Corporation, has entered into a term sheet for ...

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Teekay Corp Remains in Red

Bermuda-headquartered shipping company Teekay Corporation reported consolidated GAAP net loss attributable to ...

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Tanker Investments Inks Charters for Two Suezmaxes

Norway-based investment company focused on the tanker market Tanker Investments Ltd. (TIL) has secured one-year ...

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Hybrid Newbuildings Lift Scandlines

German-Danish ferry operator Scandlines saw an increase in revenue and profits in 2016 as passenger and cargo ...

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Hapag-Lloyd's Merger with UASC on Track

Everything is on track for the merger between Germany’s shipping line Hapag-Lloyd and United Arab Shipping ...

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