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…
LNG carrier owners and operators GasLog and GasLog Partners have decided to assume commercial control of their vessels currently operating in the LNG carrier spot…
Germany-based dry bulk carrier owner and operator Oldendorff Carriers has completed a total of 23 deals with three Chinese leasing companies during the last twelve…
Japanese shipping giant K Line has signed a major agreement with France-based Airseas, a developer of automated power kites for ships, during Nor-Shipping 2019. Under…
Three more players in the international maritime sector have joined One Sea, the industry alliance that promotes a common goal of self-guiding shipping. Global satellite…
Danish shipping company J. Lauritzen has shrunk its fleet by 15 bulk carriers amid a weak market. The company’s controlled fleet stood at 68 bulk…
