Shipping News
Shipping News
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Maritime Unions Urge Government to Save Australian Shipping
International maritime unions have urged the Australian government to reverse the decline of the domestic shipping industry. As informed, the…
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MOL in Restructuring Mode
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020. As…
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Six Seafarers on CMA CGM Ship Reported Ill amid Coronavirus Scare
Six crewmembers on board a containership operated by French shipping major CMA CGM have been reported ill, with the possibility…
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Euronav Boasts Highest Quarterly Rate Performance in 10 Years
Belgian tanker shipping major Euronav has enjoyed strong tanker dynamics in the fourth quarter of 2019. The company’s net profit…
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Shipyard Worker Dies at Fukuoka Shipbuilding
A shipyard worker has lost his life while working on a newbuilding vessel at the Fukuoka Shipbuilding in Japan. The…
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United Heavy Lift Adds Eleven Ships to Its Fleet
Hamburg-based multipurpose shipping company United Heavy Lift GmbH (UHL) has taken over a heavy lift fleet of nine Zeamarine eco-friendly…
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US-China Deal: What Will It Mean for Tanker Shipping?
Under the ‘phase one’ trade deal signed last week, China has pledged to increase imports of American goods, targeting to…
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Study: Over USD 1 Trillion Needed to Decarbonize Shipping by 2050
At least USD 1 trillion of capital investment in land-based and ship-related infrastructure is required to halve international shipping’s greenhouse…
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Diana Shipping Secures Work for Kamsarmax Bulker
Athens-based dry bulk vessel owner, Diana Shipping has entered into a time charter contract with Aquavita International S.A., for one…
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Safe Bulkers Agrees Sale and Leaseback for Eight Ships
Monaco-based dry bulk shipping company Safe Bulkers has entered into sale and leaseback agreements with respect to eight vessels. As…
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