Designing in Virtual Reality

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

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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Cochin Shipyard Collects USD 225 Mn from Its IPO

India’s Cochin Shipyard has raised INR 14.4 billion (USD 224.8 million) from its initial public offering ...

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Three Bodies of Kidnapped Sailors Recovered in Philippines

The Philippine military found the bodies of three sailors who were abducted on two separate occasions over nine ...

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Golar LNG Inks Deal on Hilli’s Dropdown

Golar LNG, owner and operator of LNG carriers and FSRUs, together with its affiliates Keppel Shipyard and Black and ...

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Cambodia Gets Loan for Sihanoukville Port Expansion

The Japan International Cooperation Agency (JICA) has signed a loan agreement to provide up to CNY 23.5 billion ...

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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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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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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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SITC Orders Four More Boxships in Korea

SITC Shipowning, a subsidiary of SITC International Holdings, has placed an order for four more containerships at ...

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MPA Singapore Revokes Panoil's Bunker Craft Operator Licence

Bunkering company Panoil Petroleum will no longer be allowed to work as a bunker craft operator in the Port of ...

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Interview: Do Seafarers Really Matter?

Seafaring has been described as a vital support mechanism for the global economy by the International Maritime ...

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dship Carriers in Fleet Growth Mode

dship Carriers, a multi-purpose project carrier belonging to the deugro Group, is expanding its fleet by adding ...

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DSME Stays in Black in H1

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co (DSME) informed that it has achieved two ...

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Maersk CEO: Five or Six Carriers to Survive Consolidation

Further consolidation in the container shipping market seems to be imminent and is likely to result in the survival ...

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Wison Gets AIP for FSRU Barge Design

Shanghai-based Wison Offshore & Marine has received Approval in Principle (AIP) from Bureau Veritas for its ...

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Thailand's Terminal Hosts First Q-Max LNG Carrier

The liquefied natural gas (LNG) carrier Bu Samra has delivered the first Q-Max cargo of LNG to Thailand’s Map ...

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GMS Urges Tanker Owners to Go the Extra Mile

Tanker owners need to adapt to the stricter requirements for cleaning vessels for hot works prior recycling amid ...

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Singapore Arrests Bulk Carrier Patriot

The 52,454 dwt bulk carrier Patriot has been detained in Singapore waters, Supreme Court of Singapore’s data shows. ...

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HMM Slashes Operating Loss

South Korean container carrier Hyundai Merchant Marine (HMM) managed to narrow its operating loss to KRW 128.1 ...

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Yang Ming Narrows Loss in 2017

Taiwanese shipping company Yang Ming Marine Transport Corporation (Yang Ming) managed to cut its net loss in the ...

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Hansa Heavy Lift Ships 13 Modules to Australia

German shipping company Hansa Heavy Lift has transported 13 modules measuring over 147,124 cbm from China to ...

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Damaged Warship to Be Moved to US for Repairs

The US Navy’s severely damaged guided missile destroyer USS Fitzgerald is to be moved back to the US months ...

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Epic Gas Agrees Sale, Bareboat Charter for Newbuilding

Singapore-based Epic Gas has entered into a sale and 10-year bareboat charter back transaction for the 2017-built ...

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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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Hong Kong Issues Block Exemption for Liner VSAs

Hong Kong has granted a block exemption order (BEO) for vessel sharing agreements (VSAs) in the liner shipping ...

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