Pan Ocean Seals Deal with Harim Group
South Korean shipping company Pan Ocean has signed the investment contract with its preferred bidder Harim Group ...
read more →Update: FPSO Death Toll Rises to Five, Four Missing
The death toll in the explosion on board Cidade de São Mateus FPSO, chartered by Brazilian oil major Petrobras and ...
read more →Introducing Smart Containers
French liner CMA CGM has increased its capital investment in the TRAXENS startup as it strives to introduce the ...
read more →Concordia Captain Gets 16 Years
Former captain of the sunken Costa Concordia cruise ship, Francesco Schettino, has been sentenced to 16 years of ...
read more →HHI Posts USD 2 Bln Loss
The world’s largest shipbuilder Hyundai Heavy Industries (HHI) recorded a loss of USD 2 billion (KRW 2.21 ...
read more →US West Coast Ports Shutting Down for 4 Days
Terminal operators at the U.S. West Coast ports are suspending loading and unloading of ships for four days, ...
read more →MPA Singapore Strips Two of Bunker Licences
The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator ...
read more →US Authorities Intercept Cocaine Shipment off Puerto Rico
The U.S. authorities seized a 989 kilograms (2,176 pounds) cocaine shipment and apprehended thirteen men following ...
read more →Video: Greek Coast Guard Rescues Crew of Beached Bulker
The Hellenic Coast Guard safely evacuated all 22 crew members of the bulk carrier Goodfaith that grounded ...
read more →Zacks: Shippers Have Good Year Ahead
2015 will be good for the shipping industry with sector specific risks projected to decline and new investment ...
read more →ICS Points to Flag State Underperformers
The International Chamber of Shipping (ICS) has published its annual Shipping Industry Flag State Performance ...
read more →Virginia Port Sets January Volume Record
191,996 TEUs moved across the U.S. Port of Virginia in January, making it the highest-volume January on record and ...
read more →Decision on Elbe Dredging Urgent
Court decision on the implementation of the widening and deepening of the navigation channel on the Lower and Outer ...
read more →Korean Court Rules in Favor of HHI Workers
Unionized workers of South Korean shipbuilding giant Hyundai Heavy Industries (HHI) have won a court battle on ...
read more →Hafnia Tankers Eyes USD 34 Mln to Finance Fleet Additions
Danish tanker owner and operator Hafnia Tankers revealed plans to carry out a private placement targeting gross ...
read more →MOL Orders LNG Carrier from DSME
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and Mitsui OSK Lines (MOL) signed a ...
read more →Help Sent for Fishing Boat Gripped by Antarctic Ice
The Rescue Coordination Centre New Zealand (RCCNZ) is organising help for an Australian-flagged fishing boat ...
read more →Explosion Kills Three on Board Petrobras FPSO
Three offshore workers have died in an explosion that occurred on board the Floating Production Storage and ...
read more →Maersk Line Improves India-West Med Links
Maersk Line has launched a new Middle East 5 (ME5) service to enhance direct connections between South India, ...
read more →Term of the Day: Container Manifest
Today’s term of the day is a container manifest, which is a document showing contents and loading sequence, ...
read more →Update: Baltic Dry Index Drops to Lowest Ever
The Baltic Dry Index has fallen to 553 points today, down 1 point from the record low set in 1986.
read more →Privatization of Piraeus Port Back on Track?
Plans to privatize Piraeus port in Greece are being put back on track, despite the intention of the country’s ...
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