The Miami-based Royal Caribbean Cruises (RCL) net profit for the third quarter was USD 810.4 million, compared to last year’s USD 752.8 million. Gross proceeds were…
Islamic Republic of Iran Shipping Lines (IRISL) argue against the info that linked the company to an order for three 113,000 dwt tankers at compatriot…
One of China’s two shipbuilding titans will swallow a money-losing ship repair and conversion business as part of the government’s plans to scrape barnacles from…
Daitoh Trading has been linked to orders for five chemical/product tankers with compatriot builders. According to data provided by Intermodal, the company has placed an…
The ship delivered a cargo of 104,815 tonnes of crude oil on October 22, 2018, marking its first export delivery of Russian crude oil under…
Eleven seafarers have been reported missing following a cargo ship sinking incident off China’s Liaoning Province, China Plus said citing local authorities. Namely, an unnamed cargo…
MPC Maritime Investments GmbH, a wholly-owned subsidiary of German investment manager MPC Capital AG, has acquired three Panamax-sized containerships for USD 42 million on behalf…
Crowley Maritime Corporation christened its LNG-powered Commitment Class combination container/roll on-roll off ship El Coquí on Saturday at the JAXPORT Cruise Terminal in Jacksonville, Fla….
South Korea’s Hyundai Heavy Industries has got an order for two very large gas carriers (VLGCs) from a Greek owner According to the the deal,…
Three crew members died, while a number of others were hospitalized in a gas poisoning incident aboard the Iranian general cargo ship Nazmehr. According to the Azerbaijani…
ABN AMRO, the Port of Rotterdam Authority and Samsung SDS, the logistics and IT arm of Samsung, have joined forces to launch a pilot based…
Singapore’s Pavilion Energy has signed an agreement with BW Group (BW) for the long-term charter of two M-type, electronically controlled, gas injection (MEGI) LNG newbuilds….
Renewable methanol offers a long term solution for the passenger shipping industry’s carbon emission reduction strategy, the findings of the MethaShip research project showed. The MethaShip…
Maritime Strategies International (MSI) believes there will be a technology-led two-tier market for dry bulk timecharter rates, similar to that seen in the LNG sector. However,…
19.10.2018 TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) announced the delivery of the LNG carrier Marvel Eagle. The vessel is the first of three newbuilding LNG carriers,…
A Hong Kong-flagged bulk carrier was attacked by pirates off the east coast of Somalia this week showing the persistent threat of piracy despite the…
Ocean Network Express and Hapag-Lloyd have concluded a Bilateral Strategic Feeder Network Cooperation Agreement, which has already started on the first trades. The collaboration, which…
According to Annex VI of IMO’s International Convention for the Prevention of Pollution from ships (MARPOL) includes regulations to limit air pollution from ships as…
Credit has become the taboo topic of the bunker industry since the announcement by the International Maritime Organization that a 0.5% global marine sulfur cap…
Spanish ferry companies Fred. Olsen Express and Baleària, through their alliance Canary Bridge Seaways (CBS), will launch the new route between the Canary Islands and…
