Subscribe to our daily newsletter

Receive the latest news in your inbox

Finnlines Reports Stable Result Despite Lower Volumes

Finnlines

Last year was profitable for Grimaldi's Finnlines despite a decline in cargo volumes.

read more →

Ocean Yield Wins Arbitration Case against Okeanis

Gavel

Ocean Yield wins arbitration case against Okeanis ECO Tankers.

read more →

Witt O’Brien’s Acquires Crisis Communications Group Navigate

earth internet

Witt O’Brien’s acquires Navigate.

read more →

ICS: Coronavirus Costing Shipping Industry USD 350 Mln a Week

Coronavirus

Coronavirus outbreak is estimated to be costing the shipping industry USD 350 million a week.

read more →

Getting to Zero Coalition Unveils 4 Focus Areas

Containership

The Getting to Zero Coalition identifies 4 focus areas to advance roadmap on shipping's decarbonization.

read more →

Maersk Secures USD 5 Bn Loans to Reach Green Shipping Target

Maersk

Maersk has secured a new sustainability-linked revolving credit facility of USD 5 billion.

read more →

Costa Cruises' LNG-Fueled Flagship Named in Savona

Costa Smeralda

Costa Smeralda, a new LNG-powered flagship owned by Italian cruise line Costa Cruises, was named in Savona.

read more →

Scrubber Fitting No Longer an Issue of If but of How Fast

Scrubber

An unprecedented surge of inquiries on how scrubbers can be fitted at short notice.

read more →

IMO Moves Toward Arctic Heavy Fuel Oil Ban

Arctic

IMO agreed on the draft amendments to MARPOL Annex I to ban the use and carriage of HFO.

read more →

StealthGas Forms New JV to Boost Presence in MGC Segment

StealthGas

StealthGas is to form a new joint venture that would acquire three secondhand midsize gas carriers (MGCs). 

read more →

Contship Italia's Operations Unaffected by Coronavirus

Citavecchia Italy

Contship Italia Group announced that its terminal operations are not affected by the rise in coronavirus cases in Italy.

read more →

DNV GL Grants New Boxship Fire Safety Notation to MSC

DNV GL

DNV GL awards a new class notation to Mediterranean Shipping Company to mitigate fire risks on containerships.

read more →

Euronav Sells One of Its Oldest Suezmaxes

Tanker

Euronav NV has decided to dispose of one of its oldest Suezmax vessels, the 2003-built Finesse.

read more →

Fincantieri, Marakeb Team Up on Unmanned Technology

Fincantieri

Fincantieri, Marakeb start collaboration in the field of autonomous technology.

read more →

GTT Acquires Icelandic Smart Shipping Solutions Provider

LNG carrier

GTT acquires 100% of the share capital of Marorka, an Iceland-based company specializing in smart shipping.

read more →

Piraeus Bank, ORIX Corporation Team Up on Maritime Financing

money

Piraeus Bank, ORIX Corporation to provide financing solutions to the Greek maritime sector.

read more →

TOP Ships' JV Offloads MR2 Pair

TOP Ships

TOP Ships' JV sells M/T Holmby Hills and M/T Palm Springs.

read more →

Diamond Princess Crew Allowed to Return Home

Diamond Princess

Seventy crew members of Diamond Princess infected with the COVID-19 virus.

read more →

Readers' Picks of the Week

ship

Here are the most read stories of the previous week.

read more →

Coronavirus Comes at the Worst Time for Shipping

The outbreak of the coronavirus comes at one of the worst time for the shipping industry.

read more →

IMO Urges Unnecessary Delays to Ships Are Prevented

Shipping

IMO urges member states to undertake measures to prevent unnecessary delays of ships.

read more →

Diana Shipping’s 2nd Vessel Sale Falls Through

Bulker

Both sales were announced back in December 2019.

read more →

Hunter Nets USD 220 Mln Loan to Finance VLCC Newbuilds

Money

Hunter Tankers AS secures USD 220 million loan facility.

read more →

Clarkson Acquires Spanish Shiproker Martankers

LPG carrier

Clarksons has acquired 100% of the issued share capital of Spanish shipbroker Martankers.

read more →

Maersk Posts Higher Earnings, Expects Weak Start of 2020

Maersk Edith

Maersk managed to improve earnings and free cash flow in 2019.

read more →

Scorpio Tankers Reaps Fruit of Scrubber Project

Scorpio Tankers

Scorpio Tankers' scrubber fitted ships have been earning more money than those without scrubbers.

read more →

GoodBulk Offloads Capesize Duo

GoodBulk bulker

Dry bulk vessel owner and operator GoodBulk sold two older Capesize vessels in January 2020.

read more →