We Will Be Industry's Collective Voice on IT

Andre Simha, CIO at MSC

MSC's CIO André Simha reveals what were key drivers behind liner association on digitalization.

Teekay LNG Wants to Be Treated as Corporation

LNG carrier

Teekay LNG Partners plans to amend its US tax status to be treated as a corporation instead of a partnership.

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Japan Launches New Whaling Mission in Southern Ocean

Whale

Japan deployed its ships for a new whaling operation in the Antarctic Ocean on November 12.

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Pan Ocean Bullish on Earnings amid Market Recovery

STX Ace

Pan Ocean booked higher profits in the third quarter of 2018 reaping fruits of stronger market.

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STX Gets AiP from LR for LNG-Fuelled MR Tanker

LR presented STX with approval in principle for a LNG-fuelled 50,000 dwt MR tanker design.

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Weak TCE Revenues Push Pyxis Tankers Further into Loss

Tanker

Pyxis Tankers sank further into the red during the third quarter of 2018 driven by a drop in TCE revenues.

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Obstacles to Reform at IMO Threaten Climate Goals

containership

IMO needs to give the working group for reforming the agency a remit that allows it to increase public scrutiny.

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Danaos Chooses Scrubbers for Six Boxships

containership

Danaos Corporation has decided to install scrubbers on six vessels.

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BPA Worried Over Uncertainty amid Draft Brexit Deal

Brexit

BPA: It could be some time before it is clear what the final arrangements will mean for ports.

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NYK Steps into the Future with Super Eco Ship 2050

NYK SUPER ECO SHIP 2050

NYK Group gives the maritime world a taste of things to come.

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HHI Receives First Cyber Security-Ready Notation from ABS

Cyber security

ABS issued HHI the first-of-its-kind Cyber Security-Ready Notation to a VLCC.

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SCF Group Scores USD 149 Mn Loan for Atlanticmax LNG Carrier

Sovcofmlot vessel

SCF will use the USD 149 million loan to finance the construction of a new 174,000 cbm Atlanticmax LNGC.

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Seanergy Concludes Refinancing of Bulker Championship

bulker

Seanergy Maritime concludes the refinancing of M/V Championship through a leasing agreement with Cargill.

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K Line Takes Delivery of New Coal Carrier

Shonai Maru

K Line has taken delivery of a 100,000 dwt-type special coal carrier, the Shonai Maru.

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Containership Heavyweights to Form Liner Association

Edith Maersk

The association is set to start operating from early 2019.

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Vard Starts Building Ponant's Electric Hybrid Cruise Ship

Expedition cruise vessel

Vard launched the construction phase of a polar exploration vessel for French cruise company Ponant.

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BOA Management Readies to Lift Norwegian Frigate

Helge Ingstad

The plan is to lift the vessel and transfer it to a semi-submersible barge.

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CargoX’s Blockchain Platform Is Open for Business

Blockchain

CargoX launched the first open, neutral, and accessible blockchain platform in the shipping industry.

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Japan Complains to WTO about Korean Shipbuilding Support

dsme

Japan has requested WTO dispute consultations with South Korea concerning subsidies for shipbuilders.

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Toft: Ocean Speeds Will Go Down as Bunker Prices Increase

Søren Toft, COO Maersk Line

Toft: Sailing speeds will decrease, as bunker prices continue to increase together with average vessel sizes.

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Skou: We Are Not Planning Any Acquisitions in 2019

Maersk Line

Maersk doesn't see a strong need to pursue mergers and acquisitions.

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Increased Bunker Cost Widens HMM's Loss

Hyundai Merchant Marine vessel

Hyundai Merchant Marine widened its loss in the third quarter of 2018 as bunker cost climbed up.

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MPC Container Ships Joins Scrubber Ordering Wave

Containership

MPC Container Ships signed contracts to buy scrubbers for five ships, with options for up to 50 more vessels.

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JFE Engineering Corp. Gets USCG BWMS Type Approval

USCG

Japan-based JFE Engineering Corporation has obtained the USCG type approval for its BWMS. 

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Maersk Supply Unlikely to Be Sold by Year End

MSS Starfish Vessels

Maersk doesn't expect to finalize the sale if its Maersk Supply business by the end of 2018.

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ABB Signs Marine Automation Deal in China

Viking Line cruise ferry

ABB has won its first marine automation system contract for a cruise ferry in China.

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Asia Steps Up the Fight for Fair Treatment of Seafarers

Seafarer

Asia’s leading seafaring nations have greed Guidelines on the Fair Treatment of Seafarers.

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Team Tankers Reports Q3 Loss

chemical_tanker

After a profitable second quarter, Team Tankers International closed the third quarter of 2018 reporting net loss.

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