2018 a Loss-Making Year for Crude Oil Tankers

Peter Sand

BIMCO's Chief Analyst reveals what lies ahead for tanker, dry bulk markets.

First Yamal LNG Cargo Shipped to Spain

Yamal LNG has shipped the first cargo of LNG to Spanish company Gas Natural Fenosa, PAO Novatek informed.

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Hyundai Heavy to Close Shipyard amid Lack of Offshore Orders

HHI

Hyundai Heavy will temporarily close its offshore shipyard due to a lack of orders.

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Subsea Search for YM Efficiency's Lost Boxes About to Start

A subsea search for the missing containers from the YM Efficiency will begin in the next few days.

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DFDS Sells Two Ships to Ukrferry

Danish shipping and logistics company DFDS is to sell two of its older vessels to Ukraine-based ferry operator Ukrferry. 

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Ore Carrier, Boxship Collide in Taiwan's Port of Kaohsiung

Shipping

Ore carrier collided with a containership while it was maneuvering in bad weather in Port of Kaohsiung.

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Prince Rupert Box Terminal to Be Further Expanded in 2019

The next expansion phase for the DP World Prince Rupert Fairview Container Terminal has been unveiled.

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Enterprise to Fuel Vessels at Houston Ship Channel Terminal

Houston Ship Channel

Enterprise Products Partners added fueling capabilities for deep-draft vessels at its Houston Ship Channel terminal.

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Gate terminal Aims to Load Ships Faster

Gate terminal

Gate terminal to increase ship loading flow rate for large ships to lower port time for vessels.

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SHI, BIO-UV Get USCG Type Approvals for BWTS

USCG MSC has issued ballast water management system (BWMS) type approval certificates to South Korean Samsung Heavy ...

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Golar LNG Gets USD 200 Mn from Hilli Episeyo Financing

Money

Golar LNG secured USD 200 million in additional liquidity as part of the Hilli Episeyo debt financing deal.

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Tsakos Energy Prices New Share Offering

Coins

Tsakos Energy Navigation (TEN) is looking to raise over USD 155 million through its new public offering of shares.

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DP World Antwerp to Share Data via NxtPort Platform

DP World Antwerp inks a deal with NxtPort to share its data through this digital platform.

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EU Looking Into Qatar Petroleum's Long-Term LNG Deals

EU

European Commission is investigating long-term LNG supply deals between Qatar Petroleum and European importers.

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Liberian Registry Backs Australia's Demand for IMO Reform

The Liberian Registry has supported Australia which is demanding IMO reform.

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Koch Shipping Extends Charter Deal for Diana's Bulker

Bulker

Diana Shipping signed a time charter contract with Koch Shipping for its Newcastlemax bulker Philadelphia.

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SEALNG Welcomes First Shipbrokers

SEA\LNG welcomes Yamamizu and Fearnleys as the first shipbroking companies to join this coalition.

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NGO: Shipping Industry Wants Beaching Yards on EU List

Shipping

NGO: Shipping industry said EU standard must be lowered so that beaching yards can be approved.

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Port of Riga Joins CLIA

Freeport of Riga Authority has become a member of CLIA, the world’s largest cruise industry association.

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MPA Singapore to Enhance Safety at Sea with New Initiatives

Shipping

MPA Singapore presented new initiatives as part of continued efforts to enhance safety at sea.

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SC Ports Presents USD 277.6 Mn Capital Plan

The South Carolina Ports Authority has approved USD 277.6 million capital plan -- the largest in its history.

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Danaos Agrees USD 2.2 Bn Debt Refinancing

Money

Danaos Corporation agreed a refinancing deal with lenders holding USD 2.2 billion of debt.

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CM Port Invests Final USD 584 Mn in Hambantota Port

CM Port invests final tranche of USD 584.2 million in Sri Lanka's Hambantota Port.

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California Unveils Plan to Cut Emissions, Protect Whales

Whale

California announced the launch of the 2018 incentive program with an aim to cut air pollution and protect whales.

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MAIB: Cargo Ship Grounded after Bridge Left Unattended

MAIB: Cargo ship Ruyter grounded on the Rathlin Island in October 2017 after its master left the bridge unattended.

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Hamburg, Rotterdam Ports Launch Digital Cooperation

HVCC and the Rotterdam Port Authority enter a cooperation to improve operational processes. 

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CMA CGM to Acquire Containerships

CMA CGM has decided to acquire Containerships, a Finland-based shortsea specialist.

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Thenamaris Orders LNG Carrier from Hyundai Heavy

Thenamaris ordered a large liquefied natural gas (LNG) carrier from South Korea's Hyundai Heavy Industries.

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