Ocean Yield, the Norway-based shipping company has agreed to buy two modern Ultramax dry bulk vessels for USD 42 million net of a debt facility. Two…
The disposal of Nordic Shipholding’s MR1 chemical/product tanker Nordic Ruth didn’t jell despite the concluded MOA, the Danish shipowner mentioned. Nordic Shipholding signed the memorandum…
COSCO Shipping Ports have signed an investment agreement with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau. According to the contract the company plans…
ZIM is returning to The Northwest Seaport Alliance’s North Harbor in Seattle with the inaugural arrival of boxship ZIM Ningbo on April 5. ZIM is…
Royal Vopak, Dutch tank storage company, has concluded the agreement with First State Investments on the sale of its petroleum terminals in Algeciras, Amsterdam and…
Stolt-Nielsen Limited expects a negative financial impact on its tanker business following a fire at Intercontinental Terminals Company’s facility in Houston. Namely, the company noted…
Spanish ferry company Baleària carried a total of 4.320,000 passengers in 2018, up by 11 percent year-over-year (YOY). As informed, the number of passengers exceeded…
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…
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…
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…
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…
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…
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….
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…
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…
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 drugs were seized over from a panga-style vessel by the US Customs and Border Protection (CBP) Air and Marine Operations (AMO). A…
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…
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…
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,…
