Designing in Virtual Reality

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

Vale Sells Two VLOCs to China's Bocomm

Brazilian mining giant Vale has finalized a sale agreement for two of its very large ore carriers (VLOCs) with ...

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USCG: Detained Ship Departs Baltimore after 10 Months

Having been detained for the last ten months, the 5,900 dwt tanker Asphalt Trader departed Baltimore on August 5, ...

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NAT Inks Two Charter Deals with Shell

Bermuda-based tanker owner Nordic American Tankers Limited (NAT) has entered into two time charter arrangements ...

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OSG Earns Less amid Weakening Spot Markets

NYSE-listed Overseas Shipholding Group (OSG) has delivered lower earnings in the second quarter of 2017 mainly due ...

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Poor TCE Rates Push International Seaways to Loss

Mainly driven by lower TCE revenues, US-based tanker shipping company International Seaways suffered a net loss of ...

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Norway Joins Forces with USA on Zero Emissions

As part of its efforts to develop green shipping, the Norwegian Maritime Authority has entered into an ...

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Lower Tanker Rates Hit DHT Holdings' Income

Due to lower tanker rates the crude oil tanker operator DHT Holdings saw a drop in its net income in the second ...

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Port of Oakland to Start Five-Year Record Run in 2018

Californian Port of Oakland is anticipating a five-year run of record cargo volume beginning in 2018. By 2022, the ...

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Panama Gives Nod to Tolls Structure Modifications

Panama has approved a proposal to modify the Panama Canal tolls structure, following a recommendation from the ...

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NCL Delivers Strong Earnings, Ups Full Year Outlook

US cruise operator Norwegian Cruise Line Holdings (NCLH) has seen its earnings further increase in the second ...

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Crowley, King Ocean Ink New Vessel Sharing Agreement

Crowley Caribbean Services and King Ocean Services have entered into a vessel sharing agreement (VSA) that will ...

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More US Coal Exports to Aid Dry Bulk Market

US seaborne coal exports have turned years of negative growth around and seem to be climbing for a third quarter in ...

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Eagle Bulk Trims Loss in 2Q

Owner and operator of dry bulk vessels Eagle Bulk Shipping ended the second quarter of 2017 with a narrowed net ...

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New Trade Routes to Drive Demand for LNG Carriers?

The growth of liquefied natural gas (LNG) carriers over the past decade has been synonymous with the growth in ...

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Genco Shipping Shrinks Net Loss

NYSE-listed dry bulk shipping company Genco Shipping & Trading Limited has managed to significantly cut its net ...

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Oversupply to Put More Pressure on Chemical Shipping Rates

The shipping fleet trading in chemical and vegoil markets is set to accelerate at a much faster pace than demand, ...

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SeaIntel: Carriers to Pursue Increased Market Share?

The continuing delivery of containerships could affect the competitive dynamics, forcing some carriers to pursue ...

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Nordic American Tankers Closes 2Q in Red

Bermuda-based Nordic American Tankers (NAT) ended the second quarter of 2017 with a net loss of USD 15.8 million, ...

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SAAM Posts Double-Digit Profit Growth

Chilean provider of port, logistics and towage services SAAM ended the first half of 2017 with a net income of USD ...

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Chemical Spill Cleanup Completed in Port of Long Beach

The cleanup and recovery operations have been finalized on the 98,849 dwt container ship Harbour Bridge in the Port ...

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West Coast Longshore Workers Ratify Contract Extension

West Coast longshore workers at 29 ports in California, Oregon and Washington have officially ratified a three-year ...

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Larger Ships to Be Port of Oakland's New Normal

The trend of larger ships calling at the Port of Oakland recorded during the first half of 2017 is expected to ...

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Nine Reported Missing after Mercosul Boxship Hits Tug

Nine people went missing after the 2, 478 TEU Mercosul Santos containership collided with a tug pushing barges on ...

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Ardmore Gets USD 12.3 Mn Boost

Bermuda-based tanker owner and operator Ardmore Shipping Corporation completed in 2Q 2017 a refinancing of two ...

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More Needs to Be Done to Comply with 2020 Sulfur Cap

The industry needs to redouble its commitment to comply with and enforce the IMO Marpol VI Regulations despite ...

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Teekay Tankers, TIL See The Light in Merger amid Q2 Losses

The announced merger between Teekay Tankers and Tanker Investments Limited (TIL) comes at a crucial point of the ...

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Teekay Offshore Orders Two Shuttle Tankers, Forms New Unit

Teekay Offshore Partners (TOO) has entered into conditional contracts with Samsung Heavy Industries (SHI) to ...

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