Navios Midstream's 1Q Profit Cut

Monaco-based owner and operator of tankers Navios Maritime Midstream Partners recorded a net income of USD 4.5 ...

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DryShips Eyes New Loans to Grow Fleet

Nasdaq-listed shipowner DryShips Inc. has fully repaid its remaining commercial loan facility worth USD 15.2 ...

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AIDA Cruises Takes Delivery of AIDAperla

German cruise line AIDA Cruises has taken delivery of AIDAperla, the twelfth ship in its fleet, from Mitsubishi ...

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Hunter Maritime to Buy Five Bulkers from Oskar Wehr

The Marshall Islands-based Hunter Maritime Acquisition Corp. has decided to buy five Capesize dry bulk carriers in ...

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Frontline Files New Complaint against DHT, BW Group

John Fredriksen-controlled tanker owner and operator Frontline has filed a complaint in the Marshall Islands ...

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Poor TCE Rates Push Scorpio Tankers to Loss

Due to low time charter equivalent (TCE) rates, Monaco-based tanker shipping company Scorpio Tankers suffered a net ...

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Diana’s Board Clears Purchase of Three Vessels

Board of directors of the Greek owner of dry bulk vessels Diana Shipping has approved the acquisition of three ...

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Exmar, Vopak Drop FSRU Acquisition Plans

Antwerp-based operator of Floating Storage Regasification Units (FSRU) Exmar said that its deal with tank storage ...

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Baltic Exchange Eyes LNG, Container Indices

London-based Baltic Exchange has unveiled plans to enhance maritime leadership role through the move into LNG and ...

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Sharp Decline in Idling Boxships

As of 3 April 2017, the idle container shipping fleet stood at 0.97 million TEU, according to Alphaliner’s ...

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Euronav's 1Q Profit Slashed

Antwerp-based tanker owner and operator Euronav recorded a profit of USD 34.3 million in the first quarter of 2017, ...

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LSC Shipmanagement Adds Suezmax Tanker

Latvian Shipping Company’s (LSC) subsidiary LSC Shipmanagement added to its fleet Elandra Eagle, a 157,000 ...

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Drewry: Fleet Oversupply Postpones Recovery of LNG Rates

The recovery of liquefied natural gas (LNG) freight rates is not expected to start before the latter part of next ...

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Video: Teekay’s Hispania Spirit Undergoes Drydocking

Hispania Spirit, a liquefied natural gas (LNG) carrier owned by Bermuda-based Teekay LNG Partners, recently ...

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BIMCO: Dry Bulk Recovery A False Dawn

Despite the strong rebound of freight rates in March this year that saw the Baltic Dry Index (BDI) pass 1,282 point ...

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Scorpio Bulkers Charters Ultramax Ship

NYSE-listed dry bulk owner and operator Scorpio Bulkers has entered into an agreement with an unrelated third party ...

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Maritime Authorities Join Forces on E-Certs Adoption

Danish, Norwegian and Singapore maritime authorities have signed a Memorandum of Understanding (MoU) to promote the ...

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Ernst Russ Combines Services under Umbrella Company

Germany’s Ernst Russ AG has decided to combine its fund and asset management services for all maritime ...

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Ocean Alliance Returns to Port of Venice

The Ocean Alliance is restarting its Med-Far East service from the Port of Venice as from May 2017, after the ...

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Greece Names Highest Bidder for THPA Share

Greece has selected the consortium comprising Deutsche Invest Equity Partners, Belterra Investments and Terminal ...

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OSM, Ventis to Provide Crew for K Line's LNG Fleet

Ship management company OSM Crew Management has signed a joint venture agreement with crewing agency Ventis to ...

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Navios Partners to Expand Fleet with Capesize Bulker

Greek shipowner and operator Navios Maritime Partners has continued its shopping spree as the company signed an ...

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BIMCO: Tanker Freight Rates Continue Dropping

Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and oil product tankers continued ...

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China to Build Four More Vessels for Thun Tankers

Dutch coastal shipping company Thun Tankers, part of the Gothia Tanker Alliance, has contracted four 17,500 dwt IMO ...

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Interview: Smart Ships Are Coming!

In a time dominated by smart technology and automation being applied across the board, from industrial production ...

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Car Carrier, Boxship Collide in Kiel Canal

Car carrier City of Amsterdam and containership Conmar Bay collided in the Kiel Canal in the morning hours of April ...

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Metrostar Orders Aframax Tanker Duo from Daehan

Greek shipping company Metrostar Management Corporation has reached an agreement with South Korean Daehan ...

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