Designing in Virtual Reality

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

Tallink Grupp Extends Superfast Vessel Charter

Estonian shipping company Tallink Grupp informed that its subsidiary Baltic SF IX Limited has extended a charter ...

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Tanker Orders Ramp Up in Q2

The second quarter of the year saw a total of 32 product tankers ordered as owners rushed to quench their thirst ...

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Norden Cuts 2017 Outlook

Danish shipping company Dampskibsselskabet Norden A/S has trimmed down its expectations for the adjusted results ...

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Port of Hamburg's Cargo Volumes Slightly Down in 1H

Germany’s Port of Hamburg saw a 0.2 percent decrease in seaborne cargo throughput which totaled 70 million ...

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HMM Sets Sights on Arctic Shipping

South Korean container shipping company Hyundai Merchant Marine (HMM) is reviewing Arctic shipping opportunities as ...

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Crew Evacuated from Bibby Line's Troubled Ship

The crew of MV Cheshire has been evacuated as the bulk carrier suffered from overheating of the fertilizer being ...

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LR Joins Project to Build World’s Biggest Sailing Cargo Ship

UK-based maritime classification society Lloyd’s Register (LR) has joined the Quadriga sustainable shipping ...

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Maersk Tankers Sinks to USD 483 Mn Loss

Declining spot market rates and vessel impairments have pushed tanker shipping company Maersk Tankers to a USD ...

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Carrier Consolidation Turns Up the Heat on APM Terminals

The ongoing consolidation of container carriers through acquisitions and alliances continues to exert pressure ...

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Malaviya Seven Could Be Sold to Pay Stranded Sailors

Twelve Indian seafarers are closer to going home after a Scottish court agreed to the sale of the Malaviya Seven, ...

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Product Tanker Woes Hit TORM's Earnings

Pressured by a difficult product tanker market, Danish shipping company TORM ended the second quarter of 2017 with ...

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Maersk Group Bleeds Red Ink in Q2

Danish energy and transportation giant A.P. Moller – Maersk sailed into a loss of USD 264 million in the ...

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More Focus Needed on Post-Brexit Possible Delays at Borders

The British Ports Association (BPA) said that more focus is needed on the likely impacts – such as delays at ...

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Video: Royal Caribbean Cuts Steel for Newest Ship

Video Courtesy: Royal Caribbean Miami-based cruise company Royal Caribbean International has marked the official ...

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Tanker Market Earnings on Path to Recovery?

Tanker market earnings in the third quarter of 2017 are encountering difficulties, but peaking fleet growth and ...

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CEO: Cyber Attack to Cost Maersk Up to USD 300 Mn

The cyber attack that hit Danish-based A.P. Moller – Maersk on June 27 is expected to damage the ...

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Danish Shipping Backs Wait-and-See Approach on Recycling

Danish Shipping is opposing European Commission’s financial scheme to ensure that more ships are recycled at ...

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Maersk Line Is Profitable Again

Danish container shipping major Maersk Line returned to profit, CEO of A.P. Møller – Mærsk A/S, Søren Skou, ...

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UPT Adds Two Vessels to Handy Pool

Hamburg-based shipping company United Product Tankers (UPT) informed that its UPT Handy Pool Fleet has been ...

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Clarksons Delivers Strong 1H Results

London-based provider of integrated shipping services Clarkson PLC (Clarksons) saw a strong financial performance ...

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Niche Carriers Offer Better Rewards, but with Higher Risks

Niche carriers have both outperformed and vastly underperformed the top 16 carriers, with a high degree of ...

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Drewry: Container Trade Outlook Rises with More Volumes

World container trade appears to be back on track after two lean years, right on time for carriers that are taking ...

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First Test Area for Autonomous Ships Opened in Finland

The first test area for projects related to autonomous shipping has been opened in Finland.  As informed, the test ...

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Ongoing Merger with Navig8 Postpones Scorpio's 2Q Results

Monaco-based tanker shipping company Scorpio Tankers revealed it will release its second quarter 2017 earnings on ...

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Western Bulk Cuts Loss amid Improved Dry Bulk Market

Norwegian dry bulk operator Western Bulk managed to shrink its net loss in the first half of the year to USD ...

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Navig8 Chems Still in the Red

Driven by lower time charter equivalent (TCE) rates, chemicals transportation company Navig8 Chemical Tankers ...

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Video: CSCL Jupiter Refloated off Antwerp

CSCL Jupiter, the 366-meter long containership which ran aground near Bath, the Netherlands on August 14, was ...

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