Ukrainian Ports to Become Deeper and Greener

USPA

USPA is making Ukrainian ports greener through a new concept.

Sovcomflot Secures USD 264 Mn Loan

Sovcomflot agreed a new USD 264 million six-year revolving credit facility with five international banks.

read more →

SFL Pens USD 270 Mn Lease Financing Deals

Maersk containership

SFL secures USD 270 million to finance three boxships chartered out to Maersk Line.

read more →

BIMCO: Global Shipping on the Lookout for Future Growth

Shipping

BIMCO: Economic growth from emerging, developing countries could spur shipping demand in the next five years.

read more →

ScanOcean to Resell Neste's Bunker Fuel in Sweden

Shipping

ScanOcean has signed an agreement with Neste to resell fuel on the East Coast of Sweden.

read more →

Aegean Marine Agrees New Restructuring Plan with Mercuria

Money

Aegean Marine Petroleum Network has entered into a new restructuring support deal with Mercuria Energy.

read more →

MOL, Uniper Press on with Germany’s 1st FSRU Project

MOL FSRU Challenger

MOL, Uniper to implement an FSRU project in Wilhelmshaven, Germany.

read more →

Shell Oman to Develop Bunkering Facilities at Port of Duqm

Signing of agreement for the development of bunkering facilities

Port of Duqm, Shell Oman signed an agreement for the development of fuel bunkering facilities and services.

read more →

Clarksons: Polaris Shipping Books Two Bulkers for Vale

Bulker

Polaris Shipping tied to an order for two Newcastlemaxes at New Times Shipyard in China.

read more →

6 Injured in a Blast Involving Pilot Boat and LPG Tanker

LPG carrier

Six people were injured in an explosion on board a pilot boat anchored next to an LPG tanker Gas Infinity.

read more →

IMO MSC Identifies 4 Degrees of Ship Automation

RR Autonomous ship

Maritime Safety Committee approved the framework & methodology for the regulatory scoping exercise on autonomous ships.

read more →

Danish Partners Test Emissions Monitoring Solution

Shipping

Nordic Tankers, Dania Ship Management and Danfoss IXA joined forces in testing emissions monitoring technology.

read more →

Golar LNG Moves Ahead with Another LNGC Conversion

Golar LNG Carrier

Golar LNG is moving ahead with its plans to convert one of its LNG carriers into a floating liquefaction vessel.

read more →

Poten: Repositioning the Empties

tanker

A lot of “empties” have to be repositioned from the Pacific to the Atlantic.

read more →

Greek Port to Open the Region's First Shore Power Facility

Illustration of shore-to-ship electrical supply connection

Greece is to inaugurate the first shore-to-ship electrical supply connection in Eastern Mediterranean.

read more →

Drewry: Liner Industry's Appetite for Scrubbers Grows

Containership

Adoption of exhaust scrubbers as a solution to the 2020 low-sulphur regulations is picking up, according to Drewry.

read more →

Rough Weather Grounds Cargo Ship, Tug

rescue

Thea II ran aground off the East Yorkshire coast, England, on Saturday evening, December 15.

read more →

DSME Tied to Another LNG Carrier Order

LNG carrier

DSME said to have increased its orderbook to USD 6.4 billion with the latest LNG carrier deal.

read more →

Moody's Reaffirms Panama Canal's A2 Long-Term Rating

Panama Canal

Moody's: Panama Canal Authority's A2 long-term rating has been reaffirmed with a stable outlook.

read more →

Interview: How Smart Are Your Ships?

Novak: smart functionality is part of the industry's journey to autonomy.

read more →

Readers' Picks of the Week

Here are the most read stories of the previous week.

read more →

Navios Acquisition Wraps Up Merger with Navios Midstream

Tanker

Navios Acquisition has completed the acquisition of the publicly held units of Navios Midstream.

read more →

Ullman: I’d Rather Take an OPEC Cut than US Cut

Stena IMMOMAX tanker

Ullman: I would rather take an OPEC production cut than a cut from the U.S.

read more →

Australia to Improve Working Conditions in Live Sheep Trade

Live sheep trade

Australian live exporters to improve working conditions in the country's live sheep trade.

read more →

Good News for Bulkers as China Buys US Soyabeans Again?

Bulker

It remains to be seen whether continuation of the U.S. soybean sale to China would help raise Panamax & Supramax rates.

read more →

Flettner Rotor-Fitted Ultramax Wins Ship of the Year Award

MV Afros, Flettner Rotor-fitted Ultramax bulk carrier

Ultramax bulker fitted with Flettner Rotor system named 'Ship of the Year'.

read more →

Suitors Launch Their Bidding for Long Beach Terminal

COSCO, OOCL

Bids start to pour in for COSCO Shipping Holdings' sale of the Long Beach Container Terminal.

read more →

Moore Stephens: Shipping Confidence Slightly Down

Shipping

Moore Stephens: Shipping confidence dipped slightly but investment appetite remains undimmed.

read more →