Global Trade at Geopolitical Crossroads

John Sitilides, Geopolitical Strategist at Trilogy Advisors speaks about future geopolitical challenges for trade.

Antwerp Port Achieves 5th Record Year in a Row

Belgium's Port of Antwerp ended 2017 with a record freight volume for the fifth straight year in a row.

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FPSO Turritella Changes Hands

SBM Offshore has finalized the sale of FPSO Turritella to Shell E and P Offshore Services B.V.

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GAC Secures Oil and LNG Deal from Chevron Shipping

Chevron has awarded the GAC Group a three-year ship agency contract for crude and LNG vessels.

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JBIC to Finance Ta-Tong Marine's New Ore Carrier

JBIC agreed to provide a loan to Taiwanese shipowner Ta Tong Marine to purchase a newbuilding ore carrier.

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Oriental Petroleum Orders Two VLGCs from Jiangnan Shipyard

CSSC Jiangnan Shipyard has secured an order for two VLGCs of 84,000 cbm.

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OOCL Christens Final 20,413 TEU Boxship

Orient Overseas Container Line (OOCL) has christened OOCL Indonesia, a 21,413 TEU boxship newbuilding.

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KR to Survey, Class Portugal-Flagged Ships

Korean Register (KR) is to deliver statutory services on behalf of the Portugal flag state.

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Pirates Kidnap MT Barrett's 22 Crew, Company Confirms

Union Maritime confirmed that MT Barrett's 22 crew members were kidnapped by pirates in the Gulf of Guinea on January 10.

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Nordic American Tankers Expands Charter Portfolio

Nordic American Tankers (NAT) has entered into a one-year term charter with Cepsa for the 2004-built Nordic Castor. 

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Shipping Companies Excluded from World's Largest Fund

Shipping majors have been excluded from the Norwegian Government Pension Fund Global (GPFG) for beaching ships.

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Ex-US Navy Officers Face Criminal Charges over Collisions

Commanders of two US Navy destroyers, which were involved in fatal collisions in 2017, face negligent homicide charges.

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Navios Containers Buys Panamax

Navios Maritime Containers has acquired Navios Felicitas, a 2010-built containership. 

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COSCO, Yang Ming Delay 13 ULCV Deliveries

In order to curb the adverse effect of tonnage influx, shipping companies start delaying boxhip deliveries.

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GoodBulk Adds Another CarVal Capesize

Ship owner and operator GoodBulk has taken delivery of Aquabridge, a 2005-built Capesize bulk carrier.

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Diana Shipping Secures Higher Rate for Its Post-Panamax

Diana Shipping has entered into a time charter contract for one of its Post-Panamax dry bulk vessels, the Phaidra.

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January a Month of Leviathan Boxship Deliveries

Ten mega boxships are set to be handed over to their owners this month.

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Teekay Offshore to Collect USD 115 Mn in Public Offering

Teekay Offshore Partners to raise up to USD 115 million through a pubic offering of 4.6 million units.

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Fire Erupts on board Cidade de Maricá FPSO

A fire broke out today on board the Cidade de Maricá FPSO platform.

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Dublin Port Ups Investment into Infrastructure in 2018

Dublin Port Company to accelerate its investment plans to ensure sufficient port capacity in the future.

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CMA CGM Keeps GSL Tianjin Employed for a While Longer

French liner company CMA CGM has decided to extend the charter for the GSL Tianjin.

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ReCAAP: Piracy Incidents in Asia Up 19 Pct

There was a 19 percent increase in the number of piracy incidents against ships in Asia reported in 2017.

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First Boxship with LR's Cyber AL3 Joins Cosco Shipping

Cosco Shipping Lines adds first ever boxship to receive a descriptive note cyber AL3 by Lloyd's Register.

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FSL Trust Sells Chemical Tanker to Shrink Debt

First Ship Lease Trust sells chemical tanker in an effort to reduce outstanding debt facility.

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G E Shipping Offloads Supramax

G E Shipping has decided to sell Jag Rahul, one of its Supramax bulk carriers.

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Maersk, IBM to Set Up Blockchain JV

A.P. Moller - Maersk and IBM plan to establish a joint venture aimed at offering a global trade digitization platform.

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Four Cranes Arrive at Yemen's Hodeidah Port

Hodeidah port has received four cranes in an effort to allow faster delivery of relief items.

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Shell Orders FPSO for Penguins Field

Shell has decided to order a floating production, storage and offloading (FPSO) vessel for its Penguins field.

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