Concordia, Stena Weco Charter Two MR Tankers

Swedish tanker shipping company Concordia Maritime and Danish tanker owner and operator Stena Weco have signed a ...

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Diana Shipping Prices USD 70 Mn Offering

Greek dry bulk owner Diana Shipping has priced its underwritten public offering launched earlier this week as the ...

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Benetech Shipping to Buy HMM's MR2 Tanker Duo

Athens-based ship management company Benetech Shipping has reached an agreement to purchase two medium range (MR2) ...

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Yang Ming Sets Up Southeast Asia–Australia Service

Taiwanese shipping company Yang Ming Marine Transport Corporation (Yang Ming) has decided to launch a new service ...

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EIB, ABN Amro to Bolster Green Shipping in Europe

The European shipping industry is set to receive further support in the sustainable projects field as the European ...

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Unitized Trade Pushes Ireland’s Port Traffic up

Despite challenging trading environment experienced during 2016, the total port traffic in Ireland grew by 2% ...

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Spotted: New EasyMax Christened by Wagenborg

Image Courtesy: Royal Wagenborg Dutch shipping company Royal Wagenborg held a christening ceremony for Egbert ...

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DHT: Deal with BW Not a Defensive Strategy

Marshall Islands-incorporated tanker owner and operator DHT Holdings said that its move to acquire very large crude ...

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Megaships: Will They Live Up to the Promise?

There are 56 container ships of 18,000 + TEU on order slated for delivery from April, 2017 till June, 2020. The ...

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Scorpio Bulkers Adds Final Newbuilds, Cuts Loss

Monaco-based dry bulk shipping company Scorpio Bulkers has taken delivery of all of its newly constructed vessels ...

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Pacific Breeze Crew Receive Back Pay, Return Home

The 22 crewmembers aboard the 1990-built reefer Pacific Breeze, owned by BSBS Ltd Moscow, have won the full back ...

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BW Group Delivers First VLCC to DHT Holdings

Crude oil tanker company DHT Holdings has taken delivery of DHT Utik, the first of eleven very large crude carriers ...

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IMB: Pirates Take Eight Crew from Tug off Nigeria

Eight crewmembers have been kidnapped by armed pirates from an offshore tug off the coast of Brass, Nigeria, ...

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Winning Shipping to Expand Fleet with Capesize Bulker

China’s shipping firm Winning Shipping has reached an agreement to buy a 180,200 dwt Capesize vessel, the ...

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Shipping Pools - Potential Traps for the Unwary

Pressured by difficult markets and periods of economic uncertainty, shipping companies often turn to pool ...

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South Korea to Investigate Sewol Sinking from May

An investigation into the Sewol ferry sinking is scheduled to be launched in late May, Yonhap News Agency cited ...

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Corvus Energy to Service Scandlines' Hybrid Fleet

German-Danish ferry operator Scandlines has inked a long-term contract with Canadian manufacturer of energy storage ...

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Epic Gas Agrees to Buy LPG Carrier

Singapore-based owner and operator of pressurized gas carriers Epic Gas has opted to further expand its fleet as it ...

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Princess Cruises to Pay USD 40 Mn for Oily Waste Dumping

California-based cruise line Princess Cruises, part of Carnival Corporation, was sentenced to pay a USD 40 million ...

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Gallery: Stena Imagination Named in Dubai

MR tanker Stena Imagination was named at the Port Rashid Terminal in Dubai on April 18. The vessel is jointly owned ...

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Samsung Heavy Industries Linked to LNG Pair Order

South Korean shipbuilding company Samsung Heavy Industries (SHI) has won an order for an LNG carrier duo, according ...

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Philippine Forces Rescue Cargo Ship from Pirates

The Philippine Coast Guard and Navy have thwarted a pirate attack on a freighter off Zamboanga del Norte, the ...

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Algoma, Nova Partner Up on Short-Sea Dry-Bulk Shipping

Canadian Algoma Central Corporation and Switzerland-based Nova Marine Carriers have set up a new joint venture that ...

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DryShips Adding Three Kamsarmax Bulkers

Greece-based ship owner DryShips has entered into agreements with unaffiliated third parties to purchase ...

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VLCC, Suezmax Fleet Sees Less Ton Miles in Q1

The global very large crude carrier (VLCC) and Suezmax fleet completed 4.6% less ton miles during the first quarter ...

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Spotted: Guatemala Welcomes Its Largest Boxship to Date

The 8,600 TEU CSAV Traiguen has become the largest containership to call a Guatemalan port when it arrived at ...

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Diana Shipping Eyes More Funds for Ship Acquisitions

Athens-based dry bulk owner Diana Shipping has commenced an underwritten public offering of USD 70 million of ...

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