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4 April 2019
Classic Panamax-sized ships are not in demand

Demand for classic Panamax containerships, which picked up in the recent weeks, has driven a major drop in the number of idle units in the…

The financial results of Meyer Turku Group rose up

Meyer Turku Group said it delivered “good financial result” that fueled the ramp up of the shipyard’s production. The company’s profit for the financial year…

3 April 2019
Claus V. Hemmingsen has left Maersk

Claus V. Hemmingsen is to step down as Vice CEO of A.P. Moller – Maersk and CEO of the Energy division, having successfully concluded the…

 Star Bulk Carriers has got a USD 71.4 million contract

Shipping company Star Bulk Carriers has concluded a USD 71.4 million contract for the refinancing of two Newcastlemax-size bulk carriers. The financing, provided by Skandinaviska Enskilda…

ITF works on automation at the Port of Los Angeles

The International Transport Workers’ Federation (ITF) invited Danish shipping giant Maersk to work with the International Longshore and Warehouse Union (ILWU) in addressing the financial…

2 April 2019
TOP Ships entered into a charter agreement

Athens-based tanker owner and operator TOP Ships has reached a time charter agreement with Shell Tankers Singapore Private Limited for one of its product/chemical tankers….

The second Aloha-class containership was delivered to Matson Navigation Company

Philadelphia-based Philly Shipyard (PSI) delivered the second of two Aloha-class containerships to Hawaii-based Matson Navigation Company in a ceremony on March 28. Matson received the…

Belships to buy new bulk carrier from Wenaas Shipping AS

Norway-based bulk ship operator Belships has concluded a contract for a 58,700 dwt bulk carrier from Wenaas Shipping AS. The Supramax bulker was built at…

1 April 2019
Hapag-Lloyd: oil spil in a New York container terminal was detected

The Hapag-Lloyd container ship Dublin Express, that spilled a fuel oil in a New York container terminal, suffered a hole in its hull. During the…

Three tons of marijuana were sought on the panda-style vessel

Three tons of drugs were seized over from a panga-style vessel by the US Customs and Border Protection (CBP) Air and Marine Operations (AMO). A…

Visser Shipping to buy scrubber systems for it’s container fleet

Dutch company Visser Shipping has signed a contract  with Value Maritime to outfit its three 9.0 MW containerships with hybrid-ready scrubber systems. The contract also…

28 March 2019
New CEO of Euronav

Euronav, Belgian tanker owner, has selected a new CEO following a search and assessment process. The current CFO Hugo De Stoop would succeed Paddy Rodgers…

Red Falcon collided with the cruiser Phoenix: no injuries after accident

The UK-registered RoRo passenger ferry Red Falcon collided with a privately-owned motor cruiser off Southampton, England, due to poor navigational watchkeeping practic. On September 29,…

12-years term charter of GasLog starts from March 2019

GasLog, Monaco-based LNG carrier owner and operator, has entered into a 12-year fixed-term charter with Japan’s JERA for a newbuild LNG carrier on the basis…

27 March 2019
Torvald Klaveness has improved its financial results in 2018

Financial performance of Norwegian shipping company Torvald Klaveness was improved after consolidating its combination carrier activities in 2018. Klaveness delivered a profit before tax (EBT) of…

Aurora Spirit will be built for Teekay Offshore Partners

Aurora Spirit was launched by Samsung Heavy Industries (SHI). This is the first of four shuttle tankers which are building for Bermuda-based Teekay Offshore Partners….

2 next generation cruise ships will include the MedallionClass platform

Cruise line Princess Cruises and shipbuilder Fincantieri has concluded today final contracts for the construction of two next-generation 175,000-ton cruise ships. The newbuilds would be…

26 March 2019
A bilateral agreement between Italian Port of Trieste and CCCC

Italian Port of Trieste and China Communications Construction Company (CCCC) have signed an agreement that will enable Italian products of small and medium companies to…

APL will provide a free shipping for The Ocean Cleanup

APL, Singapore-based shipping company, has decided to provide free shipping to The Ocean Cleanup, a non-government, non-profit organization working to develop advanced technologies to rid…

New contract between Shanghai Waigaoqiao Shipbuilding Co. and ABB

Shanghai Waigaoqiao Shipbuilding Co. has concluded an agreement with ABB on suppling of power and propulsion package for the Asian country’s first domestically-built cruise ship….