Hyundai Mipo Dockyard Co. has received an order for four medium range (MR) tankers from Central Shipping Group, controlled by Greek shipowner Evangelos Pistiolis. The…
In a bid to boost connectivity and economic growth in the Eastern Partnership (EaP) countries, the European Commission and the World Bank have co-authored an…
Hong Kong-listed shipbuilding company China Ocean Industry Group has found a potential buyer for two of the six ships, the delivery of which had been…
The share of gas imports from Russia in total import volume fell in 2018 to less than 67%. The share of LNG imports increased to…
The Canadian government has awarded a contract to London Offshore Consultants (LOC) for the development of a risk assessment methodology related to hundreds of abandoned,…
Last month, the lock gates for the new sea lock arrived in the Netherlands following a 44-day voyage from South Korea via Cape of Good…
Container volume at the Port of Oakland reached an all-time high in 2018, handling 2.55 million TEU during the year. The number represents an increase…
Following crushing defeat of Theresa May’s deal with the EU on the terms of Brexit, the British Ports Association (BPA) urged the government to avoid disruption…
Italian shipbuilder Fincantieri has signed a preliminary collaboration agreement with Cassa depositi e prestiti (CDP) and Snam related to medium-term strategic projects for the innovation and…
John Fredriksen’s oil tanker shipping company Frontline Ltd. has increased its ownership interest in Feen Marine Scrubbers to 28.9%. The interest was raised following the purchase…
Norwegian shipowner 2020 Bulkers has signed a USD 240 million deal for the post-delivery financing of its newbuilding program. The financing facility, agreed on January 11, carries…
Belgium’s tanker shipping company Euronav has sold its Suezmax vessel Felicity to an undisclosed supplier and operator of offshore floating platforms. As informed, the 157,667 dwt vessel…
Italian shipbuilder Fincantieri and the US-base cruise company Norwegian Cruise Line Holdings (NCLH) have signed a contract for the construction of one new ultra-luxury cruise…
Hong Kong-based containership owner and operator Seaspan Corporation revealed that Fairfax Financial Holdings Limited closed the second tranche of its USD 1 billion investment commitment in…
The head of Total Marine Fuels is concerned that the shipping industry is not ready to implement the IMO 2020 sulfur rule next January, despite…
Every year 62.7 trillion ton-miles of cargo are transported around the world, and looking to the future, the International Transport Workers’ Federation (ITF) and the…
The Earth’s north magnetic pole is shifting so rapidly that steps are being taken to ensure it doesn’t impact navigation in the Arctic. Compass needles…
The Port of Virginia set a new annual record for container cargo volume having handled more than 2.85 million TEUs in calendar year 2018. In…
Norway-based ferry operator Color Line has increased freight capacity between the ports of Oslo in Norway and Kiel in Germany by deploying new roll-on/roll-off (RoRo) vessel…
Container carrier Zim has announced the next phase of its blockchain initiative by extending the technology to all of its customers in selected trades, following…
