A car carrier that caught fire off the coast of the Philippines was abandoned near Reed Bank on June 17, according to the Philippine Coast…
Shipping company Maersk is in negotiations with FSUE Atomflot (Rosatomflot), a Russian operator of nuclear-powered icebreakers and part of Rosatom, to use the Northern Sea…
Shipping company KSS Line has decided to order an 84,000 cbm very large gas carrier (VLGC) at compatriot Hyundai Heavy Industries (HHI) shipyard. Signed on…
The number of piracy and armed robbery incidents in the Asian region has increased to seven in May compared to preceding months. In May 2019,…
Shipping company Hapag-Lloyd, moving forward with the implementation of its Strategy 2023, has entered into a new EUR 100 million (USD 112.8 million) revolving credit…
Algoma Shipping has finalized the acquisition of the interest held by Oldendorff Carriers in the CSL International Pool. As a result of the transaction Algoma’s interest in the…
New multipurpose terminal was opened by the Egypt’s Damietta Port Authority. The investment cost of the terminal is EGP 1.36 billion (USD 81.3 million). The terminal…
On June 13, two tankers were damaged in a suspected attack in the Gulf of Oman near the Strait of Hormuz. The product carrier Kokuka…
Euroseas company has closed its earlier revealed refinancing of two vessels. The company explained that the financing was closed with simultaneous interest rate reduction of 0.5%…
Daewoo Shipbuilding & Marine Engineering (DSME) has secured another LNG carrier order from Maran Gas Maritime. The Greece-based shipowner, part of Angelicoussis Shipping Group, ordered…
Ferry company Wasaline is building a new RoPax ferry that will be ready for remote operations and equipped to run on liquefied natural gas (LNG),…
The government of India has issued a restriction banning all Indian seafarers from working on vessels in the Gulf of Guinea. In a circular sent…
Norden is conducting a second test voyage with a large ocean-going vessel powered by CO2 neutral biofuel, the Danish shipping company said on social media….
The 2019-built boxship ONE Apus became one of the most high-tech ships to enter the Port of New York and New Jersey as it arrived…
Imports at the US major retail container ports are expected to continue to grow this summer as retailers stock up inventory to get ahead of…
French container shipping giant CMA CGM, on the occasion of World Environment Day has reiterated its commitment to the environment, striving to be a leader in…
The shipping industry, along with seafarer groups, has called for an urgent action against the ongoing issue of piracy in the Gulf of Guinea. “The…
Rosatom, DP World, Norilsk Nickel and Russian Direct Investment Fund have agreed to explore the joint development of the Northern Sea Route (NSR). Under the…
MSC shipping company has decided to implement a war risk premium surcharge on cargo coming from worldwide destinations into Venezuela. The surcharge will be applied…
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of two liquefied natural gas (LNG) carriers. The ships will be…
