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Nanaimo Berths First Container Ship

Nanaimo Berths First Container Ship

This trial call, with express service to Japan and Korea, and feeder service to other Asian ports, is expected to lead to a regular service, providing Vancouver Island manufacturers the option to ship their goods from Nanaimo.

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COSCO Reports Strong Profit Growth

COSCO Reports Strong Profit Growth

COSCO International Holdings Limited has disclosed the unaudited consolidated results

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APM Terminals Records Profit Bump

APM Terminals Records Profit Bump

APM Terminals delivered an increased profit of USD 223m (USD 179m 2Q 2013)

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SCF’s Tanker First to Transit Northern Sea Route in 2014

SCF’s Tanker First to Transit Northern Sea Route in 2014

Sovcomflot Group’s (SCF) Anichkov Bridge is the first large capacity tanker to transit the Northern Sea Route this year.

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Arrest of STX Mumbai Wrongful, Singapore Court Says

Arrest of STX Mumbai Wrongful, Singapore Court Says

The High Court of Singapore has upheld a first instance decision striking out the action by Transocean Oil Pte Ltd

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Interview: Liverpool2 Going Full Steam Ahead

Interview: Liverpool2 Going Full Steam Ahead

The United Kingdom-based Peel Group launched an unprecedented Ocean Gateway Project in 2008

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Early Moves towards Responsible Ship Recycling

Early Moves towards Responsible Ship Recycling

German transportation company Hapag-Lloyd will no longer sell vessels to recycling yards

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Engine-Room Fire Disables Tanker, Kills One Crewman

Engine-Room Fire Disables Tanker, Kills One Crewman

U.S. Coast Guard air and cutter forces continue to assist the 22-person crew of a 485-foot

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Clean Freight Rates Set to Surge amid Ebola Outbreak

Clean Freight Rates Set to Surge amid Ebola Outbreak

Freight rates for clean tankers heading from the UK continent to the West Africa

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BOEM to Update Offshore Oil and Gas Regulations

BOEM to Update Offshore Oil and Gas Regulations

The U.S. Bureau of Ocean Energy Management (BOEM) has issued an Advanced Notice

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Tanker Oversupply Might Be Easing Up

Tanker Oversupply Might Be Easing Up

Although the Caribbean market for Aframaxes has taken a precipitous tumble last week

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Demand for Container Shipping Outstripping Supply

Demand for Container Shipping Outstripping Supply

The demand side for container shipping continues to improve on a global scale

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Stabbing Incident aboard Bulk Carrier off Delaware

Stabbing Incident aboard Bulk Carrier off Delaware

The U.S. Coast Guard has recovered the body of a man who is believed to had jumped overboard on Thursday

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Nordana Returns to Taizhou Sanfu for More

Nordana Returns to Taizhou Sanfu for More

Danish owner Nordana has ordered eight multiputpose (MPP) heavy lift vessels from Taizhou Sanfu Ship Engineering.

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Seadrill, Rosneft Deal Moves Ahead Despite Sanctions

Seadrill, Rosneft Deal Moves Ahead Despite Sanctions

North Atlantic Drilling Ltd., a subsidiary of Seadrill, has announced that 6 binding offshore contracts

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EXMAR: VLGC Market Levels Historically High

EXMAR: VLGC Market Levels Historically High

The VLGC market has reached and is maintaining historically high levels,

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Ardmore Overturns Loss

Ardmore Overturns Loss

New York-listed tanker owner Ardmore recorded a net profit of $100,000 for the three months

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UPDATE 1: Buyer of Kurdish Oil Revealed

UPDATE 1: Buyer of Kurdish Oil Revealed

Chemicals firm LyondellBasell has been revealed by Reuters as the mystery American buyer of Kurdish crude oil this year.

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Wärtsilä net sales down 2%

Wärtsilä net sales down 2%

Wärtsilä has reported a 9% order intake increase to €1163 million throughout Q2 2014, while net sales decreased 2% to €1132 million throughout the second quarter.

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