Ukrainian Ports to Become Deeper and Greener

USPA

USPA is making Ukrainian ports greener through a new concept.

Höegh LNG Names Its Ninth FSRU

Norway-based Höegh LNG has named its ninth floating storage and regasification unit (FSRU).

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FSL Trust to Raise USD 31.3 Mn for New Ships

Money

First Ship Lease Trust is to raise USD 31.3 million through a non-underwritten preferential offering.

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HPT: Thailand Welcomes Its Largest Boxship to Date

ONE COLUMBA

Hutchison Ports Thailand has welcomed the 14,053 TEU ONE Columba at its Terminal D at Laem Chabang Port.

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MISC Inks Time Charter Deals for Two LNG Carriers

MISC

MISC Berhad has secured two time charter contracts with LNG Shipping S.p.A. for two LNG carriers.

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Hyundai Cuts Steel for KOTC's New Gas Carrier

Shipping

Hyundai held a steel cutting ceremony for the first of three VLGCs ordered by KOTC in January 2018.

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Latsco Shipping Orders LNG Carrier Duo from Hyundai

Hyundai Heavy Industries

Latsco Shipping ordered two LNG carriers under a USD 370 million deal with Hyundai Heavy Industries.

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WTO: EU Wants to Join Japan in Complaint Against Korea

flag

The EU has requested to join Japan in an ongoing complaint against South Korea, WTO said.

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Seaspan Prepays Credit Facility on Six Vessels

Money

Seaspan Corporation has prepaid a credit facility which was secured by six of its vessels.

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Readers' Picks of the Week

Here are the most read articles of the previous week.

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Eastern Pacific Shipping: Two Delivered, Two More Ordered

Iberian Sea

Eastern Pacific Shipping has taken delivery of two Aframax tankers from HHIC-Phil, and ordered two more.

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Bumi Armada Sells VLCC Armada Ulysses

VLCC

Bumi Armada has reached an agreement to dispose of 1999-built VLCC Armada Ulysses.

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Equinor Pens LPG Storage Deal with GPS

LPG

Equinor has inked a long-term deal with GPS for a terminal and storage of LPG in Malaysia.

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Kitack Lim Wins Second Term at the Helm of IMO

Kitack Lim, IMO Secretary General

Kitack Lim has been given a second four-year term as Secretary General of IMO.

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South Korea Unveils Financial Boost for Smaller Shipbuilders

Money

South Korea has prepared a financial boost to help the country's small and mid-sized shipbuilders.

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New Dayang Shipbuilding Lining Up Orders Post-Restructuring

bulker

Rebranded and restructured New Dayang Shipbuilding launches operations with new orders lining up.

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BIMCO to Complete Cyber Security Clause in May 2019

BIMCO

BIMCO is developing a cyber security clause in cooperation with shipping companies Klaveness and Navig8.

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KSS Line Renews LPG Transportation Deal with Vitol

tanker

KSS Line is renewing its LPG transportation contract with Vitol.

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Brightoil Petroleum Is Not Selling 15 Ships

Tanker

Brightoil Petroleum has decided not to sell its fleet of fifteen vessels.

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Cosco-PSA Terminal JV to Launch Two New Berths

Terminal

COSCO SHIPPING Ports and PSA Corporation will add two new berths at their JV terminal in Singapore.

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SCF Group Names New LNG-Fueled Tanker

SCF Group's newest LNG-fueled Aframax oil tanker has been named in South Korea. 

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Deal Reached on Higher Seafarer Wages

Seafarers

Seafarers across the globe can look forward to higher wages.

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ONE, Hapag-Lloyd and MSC Team Up on Asia-S. America Service

One Aguila

ONE, Hapag-Lloyd and MSC expand their partnership in the Asia-South America trade lane.

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INPEX: First LPG Shipment Departs Ichthys LNG

Ichthys LNG Project

Ichthys LNG Project commences shipment of LPG from the onshore gas liquefaction plant in Darwin, Australia.

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Up to 9 Newbuilds for COSCO Shipping Specialized Carriers

deal signing

COSCO Shipping Specialized Carriers has ordered five 62,000 dwt multipurpose pulp carriers.

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NYK Plans to Develop E-Money Network

container-ship-

NYK to create a network for onboard financial settlements through the remittance of e-money.

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K Line: New LPG Carrier Delivered

lpg carrier

K Line has announced the delivery of an LPG carrier for Gyxis Corporation.

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Tanker Recovery: Winter Is Coming (Early)?

tanker

Multiple factors contributing to tanker recovery, but sustainable recovery is yet to materialize.

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