Interview: Smart Ships Are Coming!

In a time dominated by smart technology and automation being applied across the board, from industrial production ...

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Metrostar Orders Aframax Tanker Duo from Daehan

Greek shipping company Metrostar Management Corporation has reached an agreement with South Korean Daehan ...

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Hyundai Samho Receives VLCC Order, Attracts New Investment

Greek shipping company Neda Maritime has ordered a 319,000 dwt very large crude carrier (VLCC) from South Korean ...

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G E Shipping to Buy Secondhand MR Tanker

Mumbai-based Great Eastern Shipping Company Ltd (G E Shipping) has signed a contract to acquire a secondhand Medium ...

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DSME Seeks Court Approval for Debt Rescheduling

After collecting the necessary consents for its rescue plan, the financially troubled shipbuilder Daewoo ...

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Alliances Creating Congestion at Shanghai Port

Alliances’ product restructuring and increased throughput volume are creating high congestion at the Port of ...

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Indian Dockworkers Shelve Nationwide Strike

The nationwide strike planned by Indian dockworkers for this week has been called off for the time being following ...

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Key Challenges to Paying Seafarers during Captivity

In light of increased maritime piracy attacks, especially off the Horn of Africa, which often include hijacking of ...

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Benetech Shipping to Buy HMM's MR2 Tanker Duo

Athens-based ship management company Benetech Shipping has reached an agreement to purchase two medium range (MR2) ...

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Gas Entec to Build LNG-Powered Reefer Carrier

South Korean engineering firm Gas Entec has inked a memorandum of understanding (MOA) with compatriot shipping ...

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Yang Ming Sets Up Southeast Asia–Australia Service

Taiwanese shipping company Yang Ming Marine Transport Corporation (Yang Ming) has decided to launch a new service ...

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Megaships: Will They Live Up to the Promise?

There are 56 container ships of 18,000 + TEU on order slated for delivery from April, 2017 till June, 2020. The ...

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Banks, Bondholders to Take 75 Pct Stake in Rickmers Group

Hamburg-based containership owner Rickmers Group, a subsidiary of Rickmers Holding AG, has reached an agreement ...

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Winning Shipping to Expand Fleet with Capesize Bulker

China’s shipping firm Winning Shipping has reached an agreement to buy a 180,200 dwt Capesize vessel, the ...

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Shipping Pools - Potential Traps for the Unwary

Pressured by difficult markets and periods of economic uncertainty, shipping companies often turn to pool ...

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South Korea to Investigate Sewol Sinking from May

An investigation into the Sewol ferry sinking is scheduled to be launched in late May, Yonhap News Agency cited ...

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Epic Gas Agrees to Buy LPG Carrier

Singapore-based owner and operator of pressurized gas carriers Epic Gas has opted to further expand its fleet as it ...

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Samsung Heavy Industries Linked to LNG Pair Order

South Korean shipbuilding company Samsung Heavy Industries (SHI) has won an order for an LNG carrier duo, according ...

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Philippine Forces Rescue Cargo Ship from Pirates

The Philippine Coast Guard and Navy have thwarted a pirate attack on a freighter off Zamboanga del Norte, the ...

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New Orders Pouring Into HHI

South Korean shipbuilder Hyundai Heavy Industries (HHI) reported USD 2.04 billion-worth of newbuilding orders in ...

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VLCC, Suezmax Fleet Sees Less Ton Miles in Q1

The global very large crude carrier (VLCC) and Suezmax fleet completed 4.6% less ton miles during the first quarter ...

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EU, Japan Raise Concerns over DSME's Rescue Plan

The European Union and Japan have raised concerns over Daewoo Shipbuilding & Marine Engineering’s (DSME) ...

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China's Iron Ore Import to Boost Dry Bulk Market

Alongside shipping of grains, China’s import of iron ore is set to continue to be a key driver for the demand ...

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Alphaliner: Vessel Demand Rises with New Alliances

With the launch of the new carrier alliances on the east-west trades on April 1, 2017, the demand for vessels and ...

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Euronav Arranges Salvage Ops for Grounded Tanker

Euronav’s crude oil tanker M/T Alex, which ran aground on April 12, could soon be freed as the ship’s ...

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New Search Areas Assigned for Missing Crew of Stellar Daisy

The Uruguayan Navy has designated new search areas for the missing crew of the ill-fated ship Stellar Daisy having ...

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