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KSS Line Returns to Hyundai for 5th LPG Carrier

Hyundai Heavy

KSS Line placed an order for the construction of a new class 84,000 cbm VLGC at Hyundai.

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Eastern Pacific Shipping Orders MR Duo at Daesan

tanker

EPS has been linked to an order for up to four 50,000 dwt MR product tankers.

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GTT Acquires Icelandic Smart Shipping Solutions Provider

LNG carrier

GTT acquires 100% of the share capital of Marorka, an Iceland-based company specializing in smart shipping.

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Korean Prosecutors to Appeal MV. Stellar Daisy Ruling

VDR

Busan Prosecutors to appeal to a higher court regarding the sinking ore carrier MV. Stellar Daisy.

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Iran to Acquire 158 New Ships

tanker

Iran unveiled a massive newbuilding program in an effort to modernize the country's fleet. 

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Piraeus Bank, ORIX Corporation Team Up on Maritime Financing

money

Piraeus Bank, ORIX Corporation to provide financing solutions to the Greek maritime sector.

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TOP Ships' JV Offloads MR2 Pair

TOP Ships

TOP Ships' JV sells M/T Holmby Hills and M/T Palm Springs.

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Diamond Princess Crew Allowed to Return Home

Diamond Princess

Seventy crew members of Diamond Princess infected with the COVID-19 virus.

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Readers' Picks of the Week

ship

Here are the most read stories of the previous week.

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Coronavirus Comes at the Worst Time for Shipping

The outbreak of the coronavirus comes at one of the worst time for the shipping industry.

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Ships Trading with North Korea Will Not Be Flying Palau Flag

Palau

Palau Ship Registry: Vessels violating UNSCRs on trading with North Korea will not be registered.

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IMO Urges Unnecessary Delays to Ships Are Prevented

Shipping

IMO urges member states to undertake measures to prevent unnecessary delays of ships.

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Diana Shipping’s 2nd Vessel Sale Falls Through

Bulker

Both sales were announced back in December 2019.

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Carnival Cruise Line Inks 5-Year Agreement with Norfolk

Carnival Magic

Carnival Cruise Line will operate seasonal cruises from Norfolk's Half Moone Cruise Center through 2025.

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COVID-19 Claims the Lives of 2 Diamond Princess Passengers

Diamond Princess

Two passengers from Diamond Princess, who were infected with coronavirus, passed away.

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MOL, DSME Join Forces on Cutting FSRUs' Environmental Impact

MOL FSRU

MOL, DSME exploring new technology to reduce environmental impact for FSRUs.

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ABS to Class World’s Largest Type-B Ethane Carriers

ABS to class world’s largest Type-B VLECs by Jiangnan.

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Hunter Nets USD 220 Mln Loan to Finance VLCC Newbuilds

Money

Hunter Tankers AS secures USD 220 million loan facility.

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Clarkson Acquires Spanish Shiproker Martankers

LPG carrier

Clarksons has acquired 100% of the issued share capital of Spanish shipbroker Martankers.

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Ten Seafarers Kidnapped from Tanker off Cotonou

Tanker

Ten crew members have been kidnapped from a crude oil tanker off Cotonou, Benin.

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US Sanctions Rosneft Trading S.A.

Secretary Steven T. Mnuchin.

The Trump administration has designated Rosneft Trading S.A.

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Update: 747 Westerdam Crew Test Negative for COVID-19

Westerdam

Cambodia: All 747 crew members on board Westerdam have tested negative for coronavirus.

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Maersk Posts Higher Earnings, Expects Weak Start of 2020

Maersk Edith

Maersk managed to improve earnings and free cash flow in 2019.

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Report: Coronavirus Scare on Bulker in India

Two crew members of a bulk carrier arriving from China to Chennai tested for coronavirus.

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AG&P Breaks Ground on Karaikal LNG Import Facility

FSU design for Karakal LNG Import Facility

AG&P has broken ground on its LNG Import Facility at Karaikal Port.

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Scorpio Tankers Reaps Fruit of Scrubber Project

Scorpio Tankers

Scorpio Tankers' scrubber fitted ships have been earning more money than those without scrubbers.

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BC Ferries Christens New Hybrid-Electric Ship Duo

BC Ferries

Island Discovery and Island Aurora will enter service in mid-2020.

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