Transformation of How Ports Operate Imminent

IBM expert discusses digitization of the maritime industry.

Teekay Corp Dives Deeper into the Red

Teekay's net loss widened in 2017 to USD 151.7 million from USD 123.2 million reported a year earlier.

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Team Tankers Boosts Ship Security amid Rise in Piracy

Due to increase in piracy incidents, Team Tankers International adopts additional "ship-hardening" measures.

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Boxship Ordering Lull Is Over

Containership owners have broken the ordering silence.

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Uruguay Navy Ship Evacuates Crewman from Bulker

An ill crewmember has been evacuated from a bulk carrier some 15 miles from the Port of Piriápolis.

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BP Pinpoints to Further Diversification of Energy Mix

BP expects the global energy mix to reach the most diverse point the world has ever seen by 2040.

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Panama Canal, Cheniere Working to Increase LNG Transits

The Panama Canal Authority is working to increase the number of LNG vessel transits.

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Matson Delivers Higher Income in a 'Solid Year'

Matson's net income increases in 4Q 2017, supported by strong demand in its China service.

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Top Ten Carriers Control Almost 90 Pct of Deep Sea Market

More than 87 pct of the global fleet capacity is controlled by only ten out of 67 shipping lines.

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BIMCO: Global Economic Growth Beneficial for Shipping

If it materializes, global economic growth in 2018 and 2019 will be highly beneficial for container shipping.

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Korea Line Pens USD 608 Mn Deal with Vale

Korea Line Corporation pens iron ore transport deal with Brazilian miner Vale.

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LOOP Exports First Oil as Fully Laden VLCC Heads for China

The first Supertanker to be loaded at LOOP heads for China fully-laden.

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NYSHEX CEO: Digitization Is the New Normal

CEO of New York Shipping Exchange speaks about progress made so far and future plans.

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Infographic: The Ocean Cleanup Is Set into Motion

This coming May, the first Ocean Cleanup system will be deployed in the Great Pacific Ocean to collect plastic.

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USCG Ends Search for Missing Chief Mate of GOGL's Bulker

USCG suspends search for missing crew member of Golden Jake, a Panamax bulker owned by GOGL.

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Readers' Picks of the Week

Check out the most read stories from last week.

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Spotted: PhilaPort Hosts Another Record-Breaking MSC Ship

MSC Shuba has become the largest container vessel to ever call at the Port of Philadelphia.

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Cocaine Found on board Boxship in Santos, Brazil

Drug traffickers continue to target commercial ships for hiding their illicit shipments.

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Philly Shipyard Reports Rise in Profits, Revenues

Philly Shipyard achieved record high revenues and profits in 2017.

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BIMCO Lists Three Best Performing Bulk Terminals

BIMCO: Top three performing bulk terminals are Santander and Bilbao in Spain and Quebec in Canada.

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The Ocean Cleanup to Assemble 1st System in Alameda

The Ocean Cleanup and the City of Alameda have signed a lease agreement for Alameda Point.

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SeaIntel: Vessel Utilisation, Freight Rates Drop in 4Q 2017

Vessel utilisation, rate levels decrease year-on-year on both Transpacific and Asia-Europe trades in 4Q.

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Maersk Line Reports Two Sulfur Cap Breaches in 2017

Maersk Line identified two instances of non-compliance with the 0.1 pct sulfur cap in 2017.

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Waterfront to Add Four More Methanol-Fueled Ships

WFS, partners invest in four new ocean-going vessels powered by clean-burning methanol fuel.

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 Oversupply to Turn Up the Heat on Chemical Shipping in 2018

Chemical shipping freight rates will weaken due to the depressed outlook on overtonnaged long-haul routes.

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Louisiana Offshore Port Tests VLCC Loading

Louisiana Offshore Oil Port LLC (LOOP) launches test loading of a very large crude carrier (VLCC).

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Fitch: US Could Opt to Withdraw from NAFTA

There is a possibility that US may withdraw from NAFTA, according to Emma Griffith, Fitch Ratings.

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Keppel Confirms Receiving Summons in New EIG Lawsuit

Keppel Offshore and Marine Limited (KOM) has been served with a summons within a civil action lawsuit filed EIG.

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