The Expedition Market: Adventure Meets Comfort

Going on a cruise to unique destinations is an emerging trend amongst adventurous people.

Tanker Fire Takes Lives of Two Seafarers off South Korea

Fire aboard tanker off South Korea

Two seafarers lost their lives in a fire aboard an oil tanker off the southern coast of South Korea.

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NYK Agrees USD 80.6 Mn Syndicated Loan for Scrubbers

NYK Line

NYK Line has signed a USD 80.6 million loan to finance the installation of scrubbers.

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Armatori Group Secures Financing for New Tanker Duo


Armatori Group's Marittima Emiliana secured financing for the construction of two chemical tankers in China.

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Maran Tankers Tied to Another Suezmax Order at Daehan


Maran Tankers expanded its orderbook with another tanker at Daehan Shipbuilding Corporation.

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IRClass Wins ERS Contract for 33 SCI Ships


IRClass secures a 5-year contract to undertake emergency response service for 33 SCI ships.

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KHI: Bulker Divinegate Delivered at DACKS

bulk carrier

Indigo Marine Shipping takes delivery of Divinegate, a 61,000 dwt bulk carrier.

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Gothia Tanker Alliance Receives Fifth Chemical Tanker

Gothia Tanker Alliance

Gothia Tanker Alliance takes delivery of Fure Ven, a 20,000 cbm product/chemical tanker. 

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Alphaliner: Capacity on Transpacific Route to Remain Flat


Shipping lines do not plan capacity increases on the Transpacific route.

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UECC Orders Two Next-Generation LNG PCTCs

UECC pure car truck carrier

United European Car Carriers (UECC) orders two pure car truck carriers (PCTCs) in China. 

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NYK Develops Software that Helps with Ship Berthing


NYK, together with MTI and JMS, develops a system that assists with vessel berthing.

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Eighty Injured after Japanese Ferry Hits 'Whale'


Eighty people were injured when a Japanese jetfoil ferry hit what seemed to be a whale in the Sea of Japan. 

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COSCO Shipping Splashes New ULCV at NACKS

COSCO Shipping vessel

COSCO Shipping Lines has launched its newest 19,000+ TEU newbuilding at compatriot shipyard.

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Rising Demand to Push China's Chemical Freight Rates Up


Drewry: China’s increasing domestic demand for chemical shipping is to strengthen coastal freight rates.

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Hyundai Heavy Inks Formal Contract to Take Over DSME


HHI signs a formal deal to proceed with the acquisition of DSME. 

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Creditors to Get Majority Control of Hanjin Heavy


Lenders will obtain majority control of the Hanjin Heavy Industries & Construction.

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K Line Readies for Major Loss, Starts Structural Reform

Cape Hayatomo

K Line unveils structural reforms as it prepared to record up to USD 900 million of losses this year.

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Qatargas: Commissioning LNG Cargo Shipped to Ennore Terminal


Qatargas supplies a commissioning LNG cargo for India’s newest LNG receiving terminal.

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Yang Ming: Another Two 14,000 TEU Boxships Launched in Japan

YM Warranty

Yang Ming: two new 14,000 TEU containerships splashed in Japan.

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Intercargo: Dry Cargo Owners Preparing for Landmark Changes


Intercargo: 2019 signifies a year for dry cargo owners to prepare their vessels for landmark changes in shipping.

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COSCO Shipping Specialized Carriers Orders 4 Pulp Carriers


COSCO Shipping Specialized Carriers exercises options to build four 62,000-ton multipurpose pulp carriers. 

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ZIM, Maersk Containerships Collide at Busan New Port


Two Post-Panamax containerships were damaged in a collision at Busan New Port on March 2.

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Up to 6 Small-Scale LNG Carriers for Avenir LNG

Stolt Pride

Nantong CIMC Sinopacific Offshore & Engineering to build up to six LNG carriers for Avenir LNG.

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Fincantieri Delivers Costa's 1st Ship Designed for China

Costa Venezia

Costa Cruises took delivery of Costa Venezia, its first ship designed specifically for the Chinese market.

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ZPMC Invests in COSCO to Enhance Business with Terminals


ZPMC acquiring USD 62.8 million worth of COSCO shares. 

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Grindrod, Vitol Go Separate Ways with Tanker JV


Grindrod Shipping and Vitol started the wind up of their joint venture Leopard Tankers.

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Ulstein Secures Contract for 4th SunStone Expedition Ship

expedition ship

Ulstein to design the 4th expedition cruise vessel for SunStone Ships. 

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HMM: We Have Nothing to Do with LBCT Acquisition


Hyundai Merchant Marine is not interested in the purchase of Long Beach Container Terminal (LBCT).

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