News

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has been on a winning streak over the past few weeks, posting another order today.

The tanker fleet has phased out quite rapidly, according to the latest Clarksons’ review on demolition of ships.

​MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN DEMOLITION YARDS

Piracy activity in the Gulf of Aden and Western Indian Ocean has declined significantly, as concluded by the Foreign Affairs Council of the European Union in a report on Somalia.

Singapore Exchange-listed Triyards Holdings Limited has reported a decrease of USD 3.8 million (11%) and USD 5.2 million

After over a week aground in the middle of the Amazon River, MT Seychelles Patriot was successfully re-floated on Friday morning, 17th of October.

Germany’s bulk transportation company Oldendorff Carriers has taken delivery of its first owned Capesize newbuilding.

Drewry Shipping Consultants says no matter how low the oil and bunker prices go

The members of the G6 Alliance have announced the temporary suspension of their Central China

South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has recorded 25.1 percent lower order intake for the first nine months of 2014 when compared to the same period last year.

The CKYHE Alliance (COSCO, “K” LINE, Yang Ming, Hanjin Shipping, and Evergreen Line) has submitted a Filing Agreement to the U.S. Federal Maritime Commission (FMC) in an effort to expand their scope in the U.S. trades.

The LNG Hybrid Barge, Becker Marine Systems’ floating liquefied gas power plant was christened at Hafencity, Hamburg on Saturday.

Singapore-based marine and offshore engineering group Sembcorp Marine has secured offshore energy related contracts valued at a combined SGD 222 million

LNG bunkering was a hot topic for the Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority

Swedish liquefied natural gas provider Skangass has officially opened their new receiving terminal for LNG

Sweden’s ferry operator Stena Line is increasing its share in Scandinavian market freight volumes by expanding its services from the Port of Nynäshamn with a new destination, Liepaja in Latvia.

The Port of Long Beach will add an extra three days to the time that overseas import containers can remain

Total annual operating costs in the shipping industry fell by an average of 0.3 per cent in 2013,

Oil major BP asked on Thursday a U.S. court to review the ruling that found the company “grossly negligent” for the Deeepwater Horizon oil spill from 2010, the worst in U.S. history.

Lamêlée Iron Ore Ltd. has inked a memorandum of understanding with Canada Steamship Lines (CSL), a division of the CSL Group Inc