Designing in Virtual Reality

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

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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ICTSI's Gains Increase with More Volumes

Manila-based International Container Terminal Services, Inc. (ICTSI) has reported a rise in its earnings, as well ...

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IRClass Gets USCG's Nod to Conduct Ship Surveys

Classification society Indian Register of Shipping (IRClass) has received approval to undertake statutory surveys ...

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More US Coal Exports to Aid Dry Bulk Market

US seaborne coal exports have turned years of negative growth around and seem to be climbing for a third quarter in ...

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New Trade Routes to Drive Demand for LNG Carriers?

The growth of liquefied natural gas (LNG) carriers over the past decade has been synonymous with the growth in ...

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Oversupply to Put More Pressure on Chemical Shipping Rates

The shipping fleet trading in chemical and vegoil markets is set to accelerate at a much faster pace than demand, ...

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Navios Containers Wraps Up Rickmers Fleet Acquisition

The Marshall Islands-based shipping company Navios Maritime Containers has closed the acquisition of the remaining ...

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SeaIntel: Carriers to Pursue Increased Market Share?

The continuing delivery of containerships could affect the competitive dynamics, forcing some carriers to pursue ...

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India to Start Ops at Iran's Chabahar Port by 2018

India is looking to start operations at the Chabahar Port in Iran by 2018, according to the country’s ...

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OOCL Sees Steady Recovery, Returns to Profit in H1

Hong Kong’s carrier Orient Overseas Container Line (OOCL) managed to return to profit in the first half of ...

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COSCO Shipping Trims Loss, Bearish on Outlook

COSCO Shipping International (Singapore), an offshore marine engineering, shipbuilding, and dry bulk shipping ...

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Dalian Port Merges Container Terminal Facilities

Dalian Port (PDA) Company Limited revealed that its subsidiary Dalian Container Terminal Company inked deals to ...

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South Korean Container Carriers Unite

South Korean container carriers have joined forces to form a cooperation body named Korea Shipping Partnership ...

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G E Shipping to Acquire LR2 Tanker

India-based Great Eastern Shipping (G E Shipping) is continuing with the fleet expansion as it has signed a ...

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DSD Shipping Orders MR2 Pair at Hyundai Vinashin

Norway-based shipping company DSD Shipping AS is to expand its fleet with new medium range 2 (MR2) tankers. Namely, ...

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Two Tankers Arrested in Singapore

Two chemical/product tankers have been detained in Singapore waters, Supreme Court of Singapore’s data shows. ...

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Impairments Hurt FSL Trust’s Q2 Earnings

Singapore-based First Ship Lease Trust (FSL Trust) posted a net loss of USD 21.8 million in the second quarter of ...

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Torm Is On a Roll

Danish carrier of refined oil products Torm is resuming its shopping spree with a purchase of two ...

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More Needs to Be Done to Comply with 2020 Sulfur Cap

The industry needs to redouble its commitment to comply with and enforce the IMO Marpol VI Regulations despite ...

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HHI, SWS in The Race for 22,000 TEU Behemoths

South Korean shipbuilding major Hyundai Heavy Industries (HHI) is competing with the Chinese rival Shanghai ...

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Control Measures Planned in Xiamen Bay during BRICS Summit

Temporary restrictions are being introduced on the sulfur content of fuel used and the movement of vessels carrying ...

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Dockers in Indonesia on Strike

Dockers unions in Indonesia are striking and protesting as they want better working conditions, the International ...

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Pacific Basin Spends USD 104.6 Mn on Bulker Quintet

Dry bulk shipping company Pacific Basin Shipping Limited has inked a conditional agreement to acquire five dry bulk ...

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Drewry: Firm Demand to Drive Recovery in Dry Bulk Shipping

Dry bulk shipping charter rates are expected to continue to recover with firm demand and controlled fleet growth, ...

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