Meet Us at Nor-Shipping 2019


World Maritime News team will also be attending this year’s event.

Tankerska Next Generation Finds Work for Two Eco Ships


Croatian Tankerska Next Generation secures new time charters for two eco-class product tankers.

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Teekay Group Sees 40 Pct Rise in EBITDA


Teekay reports an increase of 40 percent in total adjusted EBITDA.

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Latest China Tariffs to Negatively Impact Port, LNG Sectors


China's hike in tariffs on US imports will negatively affect LNG and port sectors.

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Maersk Makes Good Start to 2019, Launches USD 1.5 Bn Buyback

Maersk vessel

Maersk launched USD 1.5 billion buyback as it made good progress on its transformation in the 1st quarter of 2019.

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Seaspan Ferries to Expand Fleet with New LNG-Hybrid Vessels

Rendering of new LNG-Hybrid vessel to be built for Seaspan Ferries

Damen Shipyards Gorinchem is to build two LNG – battery hybrid ferries for Seaspan Ferries by 2021.

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Teekay Extends Petrojarl Banff FPSO Employment for One Year

Petrojarl Banff, FPSO

Teekay Corporation extended the contract for the Petrojarl Banff FPSO in the North Sea for one year.

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Seven Arrested over Illegal Sale of MGO off Jurong Island

Foreign-registered tugboat involved in the illegal transaction of MGO

Seven men arrested for their suspected involvement in an illegal transaction of MGO off Benoi Basin.

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Teekay Offshore in USD 450 Mn Loan for Shuttle Tanker Fleet

Teekay vessel

Teekay Offshore Partners secured a new USD 450 million revolving credit facility for sixteen shuttle tankers.

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Containership Trio to Join Global Ship Lease Fleet


The three 7,849 TEU containerships to be employed on long-term charters with Maersk Line.

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First Cement Carrier for Eureka Starts Trials

Cement carrier Aalborg White

Royal Bodewes is set to deliver the ship next week.

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Improved TCE Rates Boost Nordic Shipholding's Earnings


The improvement in TCE rates helped Nordic Shipholding return to profit in Q1 2019.

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Scrubber Installation Costs Push Star Bulk into Red

Petros Pappas, CEO of Star Bulk

Star Bulk Carriers delivered a net loss in the first quarter on the back of higher costs and off-hire days.

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Novatek to Develop Vietnam LNG Regasification Terminal

Yamal LNG project

The terminal would be part of Vietnam's integrated energy-generating project.

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ITF Calls for Lashing Ban for Foreign Crew in Canada

Maersk Patras

ITF called on the Transport Canada to ban foreign-crew from undertaking lashing after Maersk Patras incident.

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MAN Developing New Low-Pressure Gas Engine

MAN engine

Market demand was cited as the rationale behind the move.

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Wisdom Marine to Order Bulker Duo from Imabari


Wisdom Marine approved a plan to order two bulk carriers at Japan's Imabari Shipbuilding.

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Norden Bolsters Middle East Presence with New Contract


Norden signs a three-year contract of affreightment with Qatar Vinyl Company.

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ZIM Cuts Net Loss in Tough Business Environment


ZIM managed to shrink its net loss in the first quarter of the year as revenues, volumes increased.

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Hyundai Heavy Clinches Deals for Two LNG Carriers

LNG carrier

Hyundai Heavy Industries has secured newbuilding agreements for two LNG carriers from European owners.

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Koch Hires Diana Shipping's Capesize


Diana Shipping signs time charter contract for one of its Capesize bulkers with Singapore's Koch Shipping.

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Ship Finance International Eyes Further Growth Opportunities


Ship Finance International closes Q1 2019 with a considerably higher net income.

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Electrical Issues Hamper Ops at APM's Moin Terminal

Moin container terminal

A total of 12 boxships will be diverted over a five-day period.

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Gazprom Neft to Supply Low-Sulphur Marine Fuel to RCI, Saga


Gazpromneft Marine Bunker inks bunker supply deals with Royal Caribbean and Saga Cruises.

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Wärtsilä Lands Service Deals for Four Japanese LNG Carriers

LNG Carrier Shinshu Maru

The four carriers are owned by two joint ventures.

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Golden Ocean Agrees Refinancing amid Weaker Markets


GOGL signed two new credit facilities to refinance obligations under previous loans which financed 14 vessels.

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Resolve Completes Raysut II Wreck Removal off Oman

Raysut II wreck removal operations

The complicated project was completed by April 2019.

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CLdN Scraps Deal for Second RoRo Newbuilding at Uljanik


CLdN RoRo cancelled a contract with Croatian shipbuilder Uljanik for the construction of one vessel.

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