Exmar LPG Inks Deal with HHI for LPG Carrier Newbuild

Exmar LPG, a joint venture of Exmar NV and Teekay LNG Partners, has reached an agreement with South Korean ...

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Tanker Investments Inks Charters for Two Suezmaxes

Norway-based investment company focused on the tanker market Tanker Investments Ltd. (TIL) has secured one-year ...

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Hybrid Newbuildings Lift Scandlines

German-Danish ferry operator Scandlines saw an increase in revenue and profits in 2016 as passenger and cargo ...

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World's Largest LNG Car Carrier Presented at Bremerhaven

In today’s spotted, we bring you an image of Auto Energy, a new pure car truck carrier (PCTC) owned by ...

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Hapag-Lloyd's Merger with UASC on Track

Everything is on track for the merger between Germany’s shipping line Hapag-Lloyd and United Arab Shipping ...

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Second Kamsarmax Joins DryShips' Fleet

Athens-based dry bulk shipowner DryShips has taken delivery of the previously announced 81,129 dwt Kamsarmax ...

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d’Amico Tankers Inks Sale, Leaseback for MR Ship

Italy-based shipping company d’Amico International Shipping (DIS) revealed that its subsidiary d’Amico ...

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Finnlines Reports Record-Breaking Q1 Performance

Finland’s RORO shipping company Finnlines, part of the Italian Grimaldi Group, said that it beat its record ...

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Eighth Dragon Vessel Joins INEOS' Fleet

JS Ineos Invention, the final of eight Dragon Class vessels ordered from China’s shipyards by Danish shipping ...

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Tanker Catches Fire in Kiel Canal

A fire broke out onboard product/chemical tanker Oraness while it was transiting the Kiel Canal in the evening ...

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Rickmers Maritime Noteholder Backs Down from Injunction

Rickmers Maritime seems to have dodged a bullet and can resume with the sale of its boxship fleet to Navios ...

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UNCTAD, MarineTraffic Join Forces on Global Trade Analysis

Ship tracking intelligence company MarineTraffic and the United Nations Conference on Trade & Development ...

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KotugSmit Bags Long-Term Towage Deals with MOL

Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed long-term towage agreements with Kotug Smit Towage ...

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Ocean Alliance Connects Zeebrugge with Asian Ports

The Belgian port of Zeebrugge will now be linked with the Asian ports of Tianjin, Qingdao, Shanghai, Ningbo, and ...

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J. Lauritzen Posts 1Q Loss amid Challenging Markets

Danish shipping company J. Lauritzen widened its net loss in the first quarter of 2017 to USD 12.4 million from a ...

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Rates for Small LPG Vessels to Strengthen Further

Vessel oversupply will persist in the LPG shipping market for the next two years, keeping freight rates under ...

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Euronav, International Seaways in Five-Year FSO Contracts

Antwerp-based tanker owner and operator Euronav has, through a joint venture with International Seaways, signed a ...

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Avance Gas in Red as Markets Remain Volatile

Although freight rates saw marginal improvements in the first quarter of 2017, Norway-based transporter of ...

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BDI Drops below 1,000 Mark

The Baltic Dry Index (BDI) fell to 994 points on Monday, May 15, down by 20 points, tumbling again below the 1,000 ...

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Gallery: 20,150 TEU MOL Triumph Visits Hamburg

Image Courtesy: HHM/Dietmar Hasenpusch The Port of Hamburg’s Container Terminal Burchardkai (CTB) welcomed on ...

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NGO: High Accident Rate at Aliaga Shipbreaking Yards

Despite being the preferred option for responsible ship recycling when compared to South Asia’s shipbreaking ...

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Weak Market Rates Affect Navios Acquisition's Earnings

NYSE-listed owner and operator of tankers Navios Maritime Acquisition has seen its net income drop by 18 percent to ...

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GasLog Partners Collects USD 138 Mn by Selling Shares

Greece-based GasLog Partners has closed the public offering of 5 million of its 8.625% series A preference units, ...

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La Spezia Container Terminal Sets Record Throughput

Italy’s La Spezia Container Terminal (LSCT), a container handling facility operated by Contship Italia Group, ...

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Navigate Product Tankers in Loss Despite Rates Rebound

Although product tanker rates started to recover in the first quarter of the year, Norway-based Navig8 Product ...

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TORM Reports Profit Dip

As a result of the challenging tanker market, Danish shipping company TORM ended the first quarter of this year ...

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Frontline Again Asks DHT to Engage in Talks

In a written response to the board of DHT Holdings, John Fredriksen’s tanker operator Frontline has again ...

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