Junzheng Energy set to complete Sinochem fleet takeover
News
April 13, 2019
Junzheng Energy set to complete Sinochem fleet takeover
Junzheng Energy & Chemical Group, an Inner Mongolia-based private chemical manufacturer, is expected to complete the takeover of the entire…
Pavimar acquires Triton Navigation panamax pair
News
May 19, 2019
Pavimar acquires Triton Navigation panamax pair
Greek dry bulk outfit Pavimar has acquired a pair of Sanoyas-built panamaxes from Triton Navigation, the Netherlands-based owner connected to…
Cocaine Entering Europe in Shipping Containers Presents ‘Major Challenge’ as Seizures Hit Record
News
3 weeks ago
Cocaine Entering Europe in Shipping Containers Presents ‘Major Challenge’ as Seizures Hit Record
By Axel Bugge LISBON, June 6 (Reuters) – The amount of cocaine seized by authorities in Europe doubled in 2017…
Will the escalating US-China trade war and its catastrophic aftermath push the global economy into its next recession?
News
May 21, 2019
Will the escalating US-China trade war and its catastrophic aftermath push the global economy into its next recession?
Heightened trade tensions between the United States and China have raised the risk of a recession next year if the…
BIMCO Demands 4th IMO GHG Study Based On Realistic Economic Growth
News
April 14, 2019
BIMCO Demands 4th IMO GHG Study Based On Realistic Economic Growth
BIMCO has proposed that the Fourth International Maritime Organization (IMO) Greenhouse Gas Study does not include unrealistically high gross domestic…
Hans Aasnæs hired to replace Jens Ismar at Western Bulk
News
April 26, 2019
Hans Aasnæs hired to replace Jens Ismar at Western Bulk
Norway’s Western Bulk has appointed Hans Aasnæs as its new CEO replacing Jens Ismar who leaves Western Bulk after almost…
ABB WINS SECOND POLAR CRUISE SHIP ORDER
News
April 12, 2019
ABB WINS SECOND POLAR CRUISE SHIP ORDER
Swiss-Swedish corporation, ABB, has secured an order covering power, automation, propulsion and digital systems for the second icegoing cruise ship…
Stena Line Eyes New Initiatives in Sustainable Shipping
News
May 14, 2019
Stena Line Eyes New Initiatives in Sustainable Shipping
Swedish ferry company Stena Line has described initiatives, improvements and challenges in the operations from the sustainability perspective as well…
Teekay Offshore Agrees USD 100 Mn FPSO Fleet Refinancing
News
May 4, 2019
Teekay Offshore Agrees USD 100 Mn FPSO Fleet Refinancing
Teekay Offshore Partners has secured a new USD 100 million revolving credit facility to refinance three of its FPSO units.…
Shipowners see increase in IMO-compliant fuels, but doubts persist
News
May 24, 2019
Shipowners see increase in IMO-compliant fuels, but doubts persist
Shipowners, who are facing one of the biggest changes in the oil industry in decades, are seeing more fuels that…
GERMAN LNG RESEARCH NEWBUILD IS ON TRACK
News
March 15, 2019
GERMAN LNG RESEARCH NEWBUILD IS ON TRACK
The new 75m long, 16.8m wide ocean-going Atair is being delivered by Fassmer Werft next February to operators, the Hamburg-based…
DFDS Buying Ferry Duo to Service New Sweden-Belgium Route
News
May 10, 2019
DFDS Buying Ferry Duo to Service New Sweden-Belgium Route
Danish shipping and logistics company DFDS has reached an agreement to purchase two freight ferries that will service its new…
Maersk Patras Crewman Falls Overboard, Search Suspended
News
May 20, 2019
Maersk Patras Crewman Falls Overboard, Search Suspended
Singapore-flagged containership Maersk Patras lost a crew member overboard in the Saint Lawrence River, Canada, on May 19, 2019. Search…
China’s appetite for Australian LNG grows
News
April 10, 2019
China’s appetite for Australian LNG grows
Australia’s Woodside Energy will sell 1 mta of LNG for 10 years commencing in 2025 under a heads of agreement (HOA) with…
Chartering vessels for dry, liquid cargo and Ro-Ro
services
February 15, 2019
Chartering vessels for dry, liquid cargo and Ro-Ro
DRY BULK Al-Sindbad is a very active player in the sphere of chartering and dry bulk vessel operations. Within the…
Scorpio Bulkers secures sale and leaseback deal with Ocean Yield
News
April 9, 2019
Scorpio Bulkers secures sale and leaseback deal with Ocean Yield
Monaco-headquartered Scorpio Bulkers has entered into an agreement with Ocean Yield for the sale and leaseback of two vessels. Under…
IMO 2020: Countdown to compliance
News
April 24, 2019
IMO 2020: Countdown to compliance
The UK Chamber is helping its members prepare for the IMO’s global sulphur cap in 2020, a new regulation that…
Opinion: The Missouri River Is Just Going to Keep On Flooding
News
April 30, 2019
Opinion: The Missouri River Is Just Going to Keep On Flooding
By Justin Fox (Bloomberg Opinion) — The Missouri River used to be out of control. “It cuts corners, runs around…
MCT Starts Port Upgrades Ahead of Expected Volume Rise
News
April 23, 2019
MCT Starts Port Upgrades Ahead of Expected Volume Rise
The Mindanao Container Terminal (MCT) is rolling out improvements and upgrades at its port terminal in an effort to become…
Eagle Bulk Disposes of One More Supramax
News
May 10, 2019
Eagle Bulk Disposes of One More Supramax
Connecticut-based bulk carrier owner and operator Eagle Bulk Shipping is continuing with its fleet restructuring program as it sold another…
Russian Captain Acquitted of MARPOL Violations in U.S.
News
3 weeks ago
Russian Captain Acquitted of MARPOL Violations in U.S.
A jury in the Western District of Louisiana has acquitted the Russian Master of an oil tanker on all charges…
Flex LNG Enters Sale-Charterback Deal for LNG Carrier Duo
News
April 29, 2019
Flex LNG Enters Sale-Charterback Deal for LNG Carrier Duo
LNG carrier owner Flex LNG has entered into a sale-charterback transaction with South Korean logistics company Hyundai Glovis for two…
port of Hodeida workers and employees organized a standing protest in front of the UN office building
News
February 19, 2019
port of Hodeida workers and employees organized a standing protest in front of the UN office building
On Monday morning, 1/10/2018, workers and employees of the Yemen Red Sea Ports Corporation organized a protest in front of…
