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News

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Posted: over 4 years ago

HMM Sets Sights on 25 Pct Higher Revenue in 2020

HMM roughly anticipates a 25% improvement in its revenue for 2020. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Norway's Kleven Verft to Get New Owner

Croatian DIV Group is to acquire Kleven Verft, a Ulsteinvik-based builder of ferries and offshore su...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Marubeni, Klaveness Create Giant Panamax Pool Operator

Japan’s Marubeni Corporation and Norwegian dry bulk operator Klaveness are merging Panamax Poo...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Port of Rotterdam Points to Rise in LNG Bunkering

Europe’s top bunkering port, the Port of Rotterdam, has seen an increase in LNG bunkering at t...

Categories:
  • Rules & Regulation
Posted: over 4 years ago
Posted: over 4 years ago

probunkers, Hyundai Mipo Sign LOI for LNG Bunker Vessel Pair

probunkers has signed LOI with Hyundai Mipo Dockyard for the construction of two firm 7,600 cbm LNG ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

MUA Threatens with Fresh Industrial Action

MUA is planning a new wave of industrial action across Australian terminals. ...

Posted: over 4 years ago
Posted: over 4 years ago

2020 Bulkers Adds Sixth Newbuild with 3-Year Charter

2020 Bulkers has accepted delivery of Bulk Sydney, the sixth of eight 208,000 dwt Newcastlemaxes. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

CMES Taking Over Bulkers and LNG Assets from Sinotrans

CMES has decided to integrate the shipping assets of its subsidiary Sinotrans & CSC Holdings. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

A.P. Møller Capital Gets Green Light for Terminals in Africa

EC approves APMC’s acquisition of joint control over 4 project companies with concessions to b...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Hyundai Group on a Winning Streak

Hyundai Heavy Industries Group is starting the year on a high note. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

DP World Buys Stake in Swissterminal

DP World will take a 44 percent stake in Swissterminal Holding AG. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

VLSFO Not So Environmentally-Friendly after All?

New blends of marine fuels with 0.50% sulphur content can contain a large percentage of aromatic com...

Categories:
  • Rules & Regulation
Posted: over 4 years ago
Posted: over 4 years ago

Over USD 1 Trillion Needed to Decarbonize Shipping by 2050

At least USD 1 trillion of capital investment is required to halve shipping’s emissions by 205...

Posted: over 4 years ago
Posted: over 4 years ago

US-China Deal: What Will It Mean for Tanker Shipping?

Sand: The deal will deliver both trade creation and trade diversion. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Maersk CEO: EU Antitrust Rules Hurt Firms' Competitiveness

Strict competition rules in Europe prevent the creation of EU giants that would compete with US and ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

European Causeway's Rolling Could Have Been Avoided

The ro-ro passenger ferry rolled heavily in very rough seas resulting in cargo shift. ...

Posted: over 4 years ago
Posted: over 4 years ago

Master Fined after Failing to Timely Report Engine Failure

The master of a tanker has been convicted after failing to report without delay a main engine failur...

Posted: over 4 years ago
Posted: over 4 years ago

MSC Firms Order for LNG-Powered Duo at Chantiers

MSC Cruises, Chantiers de l’Atlantique formalize deal for two more LNG-powered ships. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Vale's Recovery to Be the Biggest Swing Factor for Iron Ore

Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Freeport LNG Train 2 Starts Commercial Ops

On January 17, Freeport LNG announced the start of commercial operations for Train 2. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Petronas Pens 12-Year LNG Supply Deal, Orders New Ships

The LNG supply deal covers a 12-year term starting from 2022. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Kidnapped Duke Crew Released, One Dies in Captivity

Nineteen kidnapped crew members of the tanker Duke have been released while one seafarer died in cap...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Readers' Picks of the Week

Here are the most read stories of the previous week. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Hapag-Lloyd Inks Space Charter Deal with Maersk and MSC

Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Low-Sulfur Fuel Sales Rise as Industry Responds to IMO 2020

The final quarter of 2019 marked a massive decline of HSFO sales as IMO2020 entered into force. ...

Posted: over 4 years ago