Designing in Virtual Reality

"The challenge is to break the stereotype of the shipbuilding industry being a traditional craft”

CMA CGM Hires Diana Containerships' Panamax

French shipping company CMA CGM has entered into an agreement to charter one of Athens-based Diana ...

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Norwegian Forces Arrest Greenpeace Ship

The Norwegian Coast Guard has removed Greenpeace activists from the safety zone around Statoil’s oil rig, ...

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MMC Corp Eyes Stake in Sabah Ports

Malaysia’s MMC Corporation Berhad is looking to purchase a stake in Sabah Ports Sdn Bhd, a subsidiary of ...

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Fjord Line Orders Catamaran Ferry from Austal

Norwegian ferry operator Fjord Line has inked a shipbuilding contract with the Australian shipbuilder Austal Ships ...

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US DOE Urged to Halt LNG Export Approvals to NFTA Countries

The US Department of Energy has been asked to issue a moratorium on liquefied natural gas (LNG) export approvals to ...

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Songa Bulk Adds Second-Hand Kamsarmax

Olso-listed bulker owner Songa Bulk ASA has entered into an agreement to acquire a Kamsarmax bulk carrier built in ...

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Startups Widen Genting Hong Kong’s Loss

Startup of new brands for the cruise division and MV Werften Shipyard has pushed cruise operator Genting Hong Kong ...

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Ernst Russ Wants More Say at Marenave

German asset and investment management company Ernst Russ seems to be on the path of seizing more control of ...

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Smart "Robot Containers" to Carry Aquaculture Products

A group of Norwegian graduates have developed smart “robot containers” with cooling systems that can ...

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CMA CGM Picks Chinese Yards to Build 22,000 TEU Boxships?

French liner major CMA CGM has reportedly signed a letter of intent (LOI) with two Chinese yards on the ...

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J. Lauritzen Takes Six Bulkers on Time-Charter

Danish shipping company J. Lauritzen has continued adding vessels to its chartered fleet on the back of a slight ...

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Team Tankers Sells Two Ships, Stays in Red

Bermuda-based tanker operator Team Tankers International has finalized the sale of two of its vessels and chartered ...

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Poor Seamanship Caused ACX Crystal-USS Fitzgerald Collision

The collision between the Philippine-flagged containership ACX Crystal, operated by Japan’s NYK Line, and the US ...

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TOTE Maritime Behind Boxship Order at Philly Shipyard

Oslo-listed Philly Shipyard Inc revealed that US-based TOTE Maritime was the company with whom it signed a Letter ...

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Pacific Basin Staying Clear of Ordering as It Slashes Loss

Hong Kong-based dry bulk shipping company Pacific Basin will not be exercising its options for newbuilding tonnage ...

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New US Shipping Firm to Launch First Services

Atlantic Coastal Shipping (ACS), a newly-formed shipping company based in Miami, Florida, plans to start trading ...

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Pakistani Union Cancels Strike, Agrees on Wage Increase

The Shipbreaking Workers Union Gadani (SBWUG) called off their planned strike action on August 4 after reaching a ...

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Five More Major Regulators to Clear Hamburg Süd Aquisition

Regulatory bodies of China, Korea, Brazil, Chile and South Africa are still to clear Maersk Line’s ...

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Iraq, UAE Form Shipping, Oil Trading JV Company

A new shipping and oil trading company has been set up by Iraq and the United Arab Emirates, named Al Iraqia ...

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CSIC Secures Massive Cash Injection from Investors

Shanghai-listed China Shipbuilding Industry Corporation (CSIC ) has signed a debt-for-equity swap agreement with ...

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Aker Arctic to Help Improve Safety in Arctic Ship Ops

Finland-based Aker Arctic has joined a new EU-funded project to address improved safety and efficiency in Arctic ...

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Gard Warns of Increase in Chittagong Anchorage Incidents

The number of navigation incidents in port approaches and anchorages at Bangladeshi port of Chittagong area is on ...

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Maersk CEO: No Reason to Order New Megaships

There is no incentive to order new ultra large containerships from a cost perspective right now, despite extremely ...

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GOGL Cuts Loss amid Improved Dry Bulk Market

Nasdaq-listed dry bulk shipping company Golden Ocean Group Limited managed to cut its net loss for the second ...

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Tallink Grupp Extends Superfast Vessel Charter

Estonian shipping company Tallink Grupp informed that its subsidiary Baltic SF IX Limited has extended a charter ...

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Tanker Orders Ramp Up in Q2

The second quarter of the year saw a total of 32 product tankers ordered as owners rushed to quench their thirst ...

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Norden Cuts 2017 Outlook

Danish shipping company Dampskibsselskabet Norden A/S has trimmed down its expectations for the adjusted results ...

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