Egypt Inks LNG Supply Deal with Trafigura
The Egyptian Gas Holding Company (EGAS) and commodity trader Trafigura signed a contract on Thursday on supply ...
read more →Video: Viking Star Completes Sea Trials
The 930-passenger cruise ship Viking Star, the latest addition to the fleet of the California-headquartered ...
read more →India Readies CSL’s IPO
The Indian government is planning to issue 33.9 million shares of state-run shipbuilder Cochin Shipyard Ltd (CSL). ...
read more →2M Links Gothenburg with Japan
Sweden’s Port of Gothenburg has acquired a new deep sea service to Japan through the newly formed 2M Alliance ...
read more →CMA CGM, Hamburg Süd Bolster Cooperation
Liner giants CMA CGM Group and Hamburg Süd have reached an agreement to further enhance their existing cooperation. ...
read more →Baltic Dry Index Nearing Bottom
The Baltic Dry Index (BDI) has fell to 564 points on Thursday hitting the lowest in almost thirty years. The ...
read more →COSCO On a Roll
COSCO Shipyard Group said that it has secured two shipbuilding contracts through its subsidiaries worth ...
read more →China Favours Rotterdam Port
In 2014, Rotterdam became the first European port to handle more than 3 million TEUs (20-foot container units) ...
read more →CSSC Investigated for Corruption
An inspection by China’s central government anti-corruption team found that the state-backed shipbuilding ...
read more →Hapag-Lloyd: MPS Sailings Cancelled amid Congestion
German liner company Hapag-Lloyd said that sailings on its Mediterranean Pacific Service (MPS) westbound have been ...
read more →Monitoring Ships’ Performance Step in Right Direction
Introduction of fuel monitoring consumption mechanism for ships, approved by the European Parliament, can help CO2 ...
read more →Spanish Court Jails Six Somali Pirates
A Spanish court has convicted six Somali pirates sentencing them on sixteen years of imprisonment each. Namely, the ...
read more →Chilean Navy Saves 120 from Grounded Cruise Ship
The Chilean Navy evacuated 89 passengers and 31 crew from the cruise ship Skorpios II that ran ashore yesterday ...
read more →New Lock Terneuzen Project Put in Motion
Ghent Port Company has applauded the agreement to build New Lock Teurnzen signed between Belgium and the ...
read more →France Pledges to Address Tax Law Exemptions
The European Commission has closed an investigation into the impact of French tax rule changes for maritime ...
read more →Added Capacity Pushes Costamare Further into Black
Athens-based ocean container carrier Costamare ended 2014 with USD 115.1 million net income, USD 13 million more ...
read more →Dorian Expects Strong LPG Demand to Continue
NYSE-listed owner and operator of Very Large Gas Carriers (VLGC) Dorian LPG reported USD 16.4 million net income ...
read more →Video: USCG Airlifts Three from Bulker
A U.S. Coast Guard helicopter crew medevaced three injured mariners from the 623-foot bulk carrier Almasi over 50 ...
read more →Euro Container Growth to Stall
European container ports are unlikely to be able to maintain the strong growth rates of the past three decades, ...
read more →One Killed, Three Taken Hostage in Pirate Attack off Nigeria
One crew member was killed and three taken hostage in a pirate attack on a Greek-owned tanker pending unloading off ...
read more →Image of the Day: Marorka Bags UASC Gig
The Icelandic provider of energy management solutions for maritime industry Marorka has posted this image to ...
read more →Transpacific Lines Push for Rate Hike
Cargo demand for Asian containerized imports has remained strong through the typically slower winter season and ...
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