Shipowners losing millions by choosing the wrong bunker port
News
April 16, 2019
Shipowners losing millions by choosing the wrong bunker port
Bunkers are one of the largest costs associated with a voyage, so making the right decisions around it are crucial.…
Denmark Now Has the World’s Fifth Largest Merchant Fleet
News
7 days ago
Denmark Now Has the World’s Fifth Largest Merchant Fleet
Denmark has again improved its place on the list of the world’s largest shipping nations, surpassing the United States to…
US, German Companies Form Cement Carrier Alliance
News
1 week ago
US, German Companies Form Cement Carrier Alliance
Germany-based Baltrader and US-based United Bulk Carriers (UBC) have entered into a cooperation agreement to jointly market their respective fleets…
ESL Shipping’s Crane Issues on New Vessels Mainly Fixed
News
May 9, 2019
ESL Shipping’s Crane Issues on New Vessels Mainly Fixed
Serious technical problems with cranes aboard ESL Shipping’s new LNG-fueled bulkers have been mainly fixed, according to the company’s parent,…
OMAN SHIPPING TO BUY THREE MORE VLCCS
News
6 days ago
OMAN SHIPPING TO BUY THREE MORE VLCCS
Oman Shipping Company (OSC), part of the Asyad group, is expanding the size of its tanker fleet through the purchase…
Ship Owners Turn to Second Hand Acquisitions
News
February 15, 2019
Ship Owners Turn to Second Hand Acquisitions
Ship owners have opted against committing more financial resources towards newbuilding orders, amid the uncertainty surrounding world trade growth prospects…
AG Ems to Convert Another Ferry to LNG
News
2 weeks ago
AG Ems to Convert Another Ferry to LNG
Dutch shipyard Royal Niestern Sander and ferry company AG Ems have signed an agreement for the conversion of the passenger…
Värde Agrees Sale and Leaseback for Landbridge VLCC
News
May 9, 2019
Värde Agrees Sale and Leaseback for Landbridge VLCC
US-based alternative investment firm Värde Partners has signed a sale and leaseback agreements for a very large crude carrier (VLCC)…
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…
Maersk Launches Digital Ocean Customs Clearance Platform
News
April 30, 2019
Maersk Launches Digital Ocean Customs Clearance Platform
A.P. Moller – Maersk announced Monday that it has started offering digital Ocean Customs Clearance to its customers, becoming the…
Shanghai port container volumes up in May
News
June 12, 2019
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…
Hormuz Strait Tensions, a Nightmare Scenario for Shipping
News
3 weeks ago
Hormuz Strait Tensions, a Nightmare Scenario for Shipping
Ship owners, and more specifically tanker owners, have been tasked with yet another twist in their efforts to trade their…
Iconic Shipping Brand MacAndrews Consigned to History Books After 249 Years
News
April 5, 2019
Iconic Shipping Brand MacAndrews Consigned to History Books After 249 Years
By Mike Wackett (The Loadstar) – MacAndrews has become the latest iconic shipping name to be consigned to the history…
US Bill Against Nord Stream 2 Proposes Sanctions for Insuring Pipelaying Ships
News
June 2, 2019
US Bill Against Nord Stream 2 Proposes Sanctions for Insuring Pipelaying Ships
WASHINGTON (Sputnik) – US Senators have suggested that the United States should be able to impose at least five types…
NCDMB lauds Samsung for FPSO construction in Nigeria
News
March 23, 2019
NCDMB lauds Samsung for FPSO construction in Nigeria
The Nigerian Content Development and Monitoring Board has commended Samsung Heavy Industries, a Korean shipbuilding giant, for transforming Nigeria into…
BP, SOCAR sign deal to build new Azeri oil exploration platform
News
April 21, 2019
BP, SOCAR sign deal to build new Azeri oil exploration platform
BAKU (Reuters) – Oil major BP and Azerbaijan’s state energy company SOCAR signed an agreement on Friday to build a…
ONE Unveils Eco-Friendly Vessel
News
1 week ago
ONE Unveils Eco-Friendly Vessel
Ocean Network Express (ONE), the container shipping alliance formed between Japanese liners MOL, NYK and K Line, has officially taken…
APL launching new China – US East Coast service
News
April 9, 2019
APL launching new China – US East Coast service
APL is launching a new service between central China and the US East Coast, as well as adding Haiphong, Vietnam…
Concerns remain for global marine underwriting, says IUMI
News
April 27, 2019
Concerns remain for global marine underwriting, says IUMI
Whilst in general, major losses remain stable, the continued erosion of the global premium base means that attritional losses are…
OOCL to launch two new Asia-Latin America services
News
May 15, 2019
OOCL to launch two new Asia-Latin America services
Orient Overseas Container Line (OOCL) will introduce two new Asia to South America East Coast and the Caribbean direct services…
Klaveness Combination Carriers seals important COA
News
April 25, 2019
Klaveness Combination Carriers seals important COA
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…
ADNOC CEO: UAE Looking to Defuse Middle East Tensions
News
4 weeks ago
ADNOC CEO: UAE Looking to Defuse Middle East Tensions
The United Arab Emirates is to reduce the tensions in the Middle East, according to the head of state-run Abu…
Raised Tariffs Escalate Trade War with China
News
May 11, 2019
Raised Tariffs Escalate Trade War with China
By Susan Heavey and Yawen Chen WASHINGTON/BEIJING, May 10 (Reuters) – U.S. President Donald Trump on Friday said he was…
