DryShips buys newcastlemax bulker from George Economou for $50m
    News
    May 6, 2019

    DryShips buys newcastlemax bulker from George Economou for $50m

    NASDAQ Capital Market-listed shipowner DryShips has agreed to acquire a 2017-built newcastlemax dry bulk vessel from an entity connected to…
    Carriers Relieved as IMO Tables Proposal for Mandatory Ship Speed Limits
    News
    4 weeks ago

    Carriers Relieved as IMO Tables Proposal for Mandatory Ship Speed Limits

    By Mike Wackett (The Loadstar) – The 74th sitting of the IMO’s Marine Environment Protection Committee (MEPC) ended on Friday…
    North Asia Service
    Works
    February 15, 2019

    North Asia Service

    Swire Shipping operates four new S-Class vessels on a fortnightly liner service connecting North Asia with the Pacific Region and…
    NYK Wins Award For Innovation At Environmental Finance Bond Awards 2019
    News
    April 19, 2019

    NYK Wins Award For Innovation At Environmental Finance Bond Awards 2019

    NYK has received an award for innovation at the Bond Awards 2019 sponsored by Environmental Finance, one of the world’s…
    Rotterdam sends hyper-smart container on trip around the world
    News
    3 weeks ago

    Rotterdam sends hyper-smart container on trip around the world

    The hyper-smart Container 42 will be leaving the port of Rotterdam today for the first leg of a two-year data-collecting…
    Russia to Pay USD 3 Mn to Greenpeace for Illegal Ship Detention
    News
    4 weeks ago

    Russia to Pay USD 3 Mn to Greenpeace for Illegal Ship Detention

    Russia will pay EUR 2.7 million (USD 3 million) to Greenpeace in compensation for unlawful detention of its ship Arctic…
    Weekly Broker: Improving sentiment drives deals
    News
    1 week ago

    Weekly Broker: Improving sentiment drives deals

    The general sentiment across the dry bulk market seems to be moving in a positive direction finally with a steady…
    Beijing Calls on Prompt Establishment of Free Trade Area With South Korea, Japan
    News
    April 16, 2019

    Beijing Calls on Prompt Establishment of Free Trade Area With South Korea, Japan

    China, South Korea and Japan need to agree on the establishment of a free trade area as soon as possible,…
    Govt to acquire surplus capacity of LNG terminals to meet gas demand
    News
    April 15, 2019

    Govt to acquire surplus capacity of LNG terminals to meet gas demand

    The government has decided to acquire surplus re-gasification capacity of the two existing LNG terminals to meet additional gas demand…
    To 2019 and beyond: forecasted Bulker, Tanker, Container and LPG values
    News
    May 9, 2019

    To 2019 and beyond: forecasted Bulker, Tanker, Container and LPG values

    We have partnered with Oslo based shipping consultancy firm ViaMar to provide Future Market values for each individual vessel in…
    OPERATIONS AT COLOMBO DOCKYARD RETURNING TO NORMAL
    News
    May 2, 2019

    OPERATIONS AT COLOMBO DOCKYARD RETURNING TO NORMAL

    Colombo Dockyard has confirmed that operations at the yard are now back to normal following the terror attacks in Sri…
    European Ports Support Call for Harmonized Action on Scrubbers
    News
    May 11, 2019

    European Ports Support Call for Harmonized Action on Scrubbers

    European Sea Ports Organisation (ESPO) has voiced its support for EU proposal to discuss a harmonized approach on scrubbers at…
    Sempra Energy’s Louisiana Cameron LNG Plant Exports First Cargo
    News
    2 weeks ago

    Sempra Energy’s Louisiana Cameron LNG Plant Exports First Cargo

    May 31 (Reuters) – Sempra Energy said on Friday the $10 billion Cameron liquefied natural gas export terminal in Louisiana…
    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.…
    Dry Bulk Market: Are Further Disruptions On the Horizon?
    News
    3 weeks ago

    Dry Bulk Market: Are Further Disruptions On the Horizon?

    Disruptions in the supply of iron ore from Vale and Rio Tinto’s unwillingness to offset part of the losses occurred,…
    Dry Bulk Market: Capesizes On Higher Ground
    News
    April 15, 2019

    Dry Bulk Market: Capesizes On Higher Ground

    Capesize The market saw a steep ascent from the depths of last week. The Baltic Capesize Index (BCI) 5TC opened…
    Costamare Finds Work for Ten Vessels in Q1
    News
    April 24, 2019

    Costamare Finds Work for Ten Vessels in Q1

    Greek containership owner Costamare chartered out a total of ten vessels during the first quarter of 2019, benefiting from increases…
    SATAWU Issues TNPA With a 48-Hour Notice to Strike by Mariners
    News
    2 weeks ago

    SATAWU Issues TNPA With a 48-Hour Notice to Strike by Mariners

    SATAWU has issued Transnet National Ports Authority (TNPA) with a 48-hour notice for TNPA Mariners to embark on a protected…
    Lighter collided with bulk carrier, sank, at least 1 missing, Bangladesh
    News
    April 10, 2019

    Lighter collided with bulk carrier, sank, at least 1 missing, Bangladesh

    Lighter collided with bulk carrier at port, Bangladesh, in the evening Apr 9, and sank after collision. There were more…
    Total increases investment in US LNG export project
    News
    April 10, 2019

    Total increases investment in US LNG export project

    France’s Total continues to expand its presence in the LNG sector, with a portfolio projected at 40 mta by 2020.…
    Liabilities arising under the Turkish Straits clauses
    News
    April 28, 2019

    Liabilities arising under the Turkish Straits clauses

    The Turkish Straits are among the busiest waterways in the world. They have crucial importance for the international shipping industry…
    Project to Restore Durban Dry Dock in Full Swing
    News
    3 weeks ago

    Project to Restore Durban Dry Dock in Full Swing

    The rehabilitation of the inner caisson, which divides the Port of Durban’s Prince Edward Graving Dock into two compartments, enabling…
    FSG Successfully Launch Seventh Ro-Ro For SIEM
    News
    April 12, 2019

    FSG Successfully Launch Seventh Ro-Ro For SIEM

    On 8 April, the Flensburger-Schiffbau-Gesellschaft’s seventh ro-ro ship for SIEM was successfully launched. Her name, LEEVSTEN, comes from the Lower…
    APM Terminals’ Moín Container Terminal Receives Its First Vessel
    Marine World
    February 15, 2019

    APM Terminals’ Moín Container Terminal Receives Its First Vessel

    Since the completion of the mega-port’s equipment installation, APM Terminals’ personnel has carried out rigorous training with test ships in…
      Hapag-Lloyd Secures USD 113 Mn Loan
      1 day ago

      Hapag-Lloyd Secures USD 113 Mn Loan

      Moving forward with the implementation of its Strategy 2023, German shipping company Hapag-Lloyd has entered into a new EUR 100…
      Having a gas: Australia dominates China’s LNG supply
      13 hours ago

      Having a gas: Australia dominates China’s LNG supply

      Australia’s fast-expanding liquefied natural gas industry has this year been supplying the lion’s share of China’s growing demand for imports…
      ONE Starting Enhanced North Sea Baltic Service for Russia, Finland
      2 days ago

      ONE Starting Enhanced North Sea Baltic Service for Russia, Finland

      Japanese shipping company Ocean Network Express (ONE) has unveiled details of the enhanced North Sea Baltic Service (NBS) for Russia…
      The Tanker War, Part II: A Historical Perspective
      2 days ago

      The Tanker War, Part II: A Historical Perspective

      By Sal R. Mercogliano – The June 13, 2019 attacks on MV Front Altair and MV Kokuka Courageous, following the assault on…
      OPEC cut to oil demand outlook builds case to keep supply curbs
      2 days ago

      OPEC cut to oil demand outlook builds case to keep supply curbs

      OPEC has cut its forecast for global oil demand growth and warned of potential further cuts as international trade disputes…
      Greece: Methanol Institute hosts methanol as marine fuel seminar
      2 days ago

      Greece: Methanol Institute hosts methanol as marine fuel seminar

      Leading figures from the Greek shipping market gathered in Athens, Greece for the third in a series of global seminars…
      In Depth: Video Interview: Empowering the Navigator in a Connected World
      3 days ago

      In Depth: Video Interview: Empowering the Navigator in a Connected World

      Digitalizing bridge and navigation technology irrefutably brings numerous benefits but also has implications for safety, operations and cyber security. Speaking…
      Video Interview: Lack of Automation Rules a Major Challenge, Ståhlberg Says
      3 days ago

      Video Interview: Lack of Automation Rules a Major Challenge, Ståhlberg Says

      Finnish ferry company Wasaline is building a new RoPax ferry that will be ready for remote operations and equipped to…
      Egypt Opens New Multipurpose Terminal at Damietta Port
      3 days ago

      Egypt Opens New Multipurpose Terminal at Damietta Port

      Egypt’s Damietta Port Authority has inaugurated a new multipurpose terminal at an investment cost of EGP 1.36 billion (USD 81.3…
      DSME Wins Another LNG Carrier Order from Maran Gas
      3 days ago

      DSME Wins Another LNG Carrier Order from Maran Gas

      South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has secured another LNG carrier order from Maran Gas Maritime. The Greece-based…
      DNV GL, Oshima Shipbuilding Team Up on Low-Emission Bulker Designs
      3 days ago

      DNV GL, Oshima Shipbuilding Team Up on Low-Emission Bulker Designs

      Japanese shipbuilder Oshima Shipbuilding and classification society DNV GL have joined forces to develop new low-emission bulk carrier designs. The…
      ICTSI Croatia invests to expand Rijeka terminal for 20,000 teu vessels
      4 days ago

      ICTSI Croatia invests to expand Rijeka terminal for 20,000 teu vessels

      Adriatic Gate Container Terminal (AGCT), the Croatian subsidiary of International Container Terminal Services Inc. (ICTSI) at the Port of Rijeka,…
      Cosco Shipping Lines to launch Hainan – Yangon service
      4 days ago

      Cosco Shipping Lines to launch Hainan – Yangon service

      Cosco Shipping Lines, the container shipping arm of Cosco Shipping Group, is to launch a service from Yangpu in Hainan,…
      Shanghai port container volumes up in May
      4 days ago

      Shanghai port container volumes up in May

      China’s Shanghai port has handled higher container throughput in May compared to the year-ago period, according to Shanghai International Port…
      ONE Apus Sets High-Tech Standards at Port of NY & NJ
      4 days ago

      ONE Apus Sets High-Tech Standards at Port of NY & NJ

      The 2019-built boxship ONE Apus became one of the most high-tech ships to enter the Port of New York and…
      Lukoil, KOTC Ink Marine Lubricants Supply Deal for 24 Ships
      5 days ago

      Lukoil, KOTC Ink Marine Lubricants Supply Deal for 24 Ships

      Lukoil Marine Lubricants, a Dubai-based subsidiary of Lukoil, has reached a renewal agreement with Kuwait Oil Tanker Company (KOTC), part…
      Port Report: Los Angeles bakes in box slowdown for upcoming budget
      5 days ago

      Port Report: Los Angeles bakes in box slowdown for upcoming budget

      The Port of Los Angeles expects cargo volumes to dip in the coming fiscal year due to the fall-off from…
      S. Korea regains top spot in May shipbuilding orders
      5 days ago

      S. Korea regains top spot in May shipbuilding orders

      South Korea edged China for the first time in three months to recapture the No. 1 spot in global shipbuilding…
      Tankers Are Facing the Trade War “Music”
      6 days ago

      Tankers Are Facing the Trade War “Music”

      The tanker is always vulnerable to geopolitical shifts, but owners will now have to contend with the “drums of trade…
      NRF: Imports at Top US ports to Continue to Grow ahead of More Tariffs
      6 days ago

      NRF: Imports at Top US ports to Continue to Grow ahead of More Tariffs

      Imports at the US major retail container ports are expected to continue to grow this summer as retailers stock up…

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