Green Marine
Frontline: Inflection Point for Crude Oil Tanker Market Yet to Come
2018 is not likely to be the turning point for the crude oil tanker market amid continued VLCC deliveries.
HMM Unveils New Independent Asia-Europe Service
HMM to offer a new independent Asia-North Europe Express (AEX) service starting from April 2018.
Frontline Posts USD 265 Mn Loss for Full Year, Extends Loan
John Fredriksen’s Frontline ended the year in the red amid weak rates and inventory draws.
DryShips Cuts Loss, Sees Rise in Revenues
DryShips cut its net loss and delivered a rise in revenues for the year ended December 31, 2017.
Ocean Yield Bolsters Drybulk Fleet with Five Handysizes
Ocean Yield ASA invests in five Handysize dry bulkers with 10-year bareboat charters.
Update: Damaged Kiel Canal Lock-Gate to Be Removed Soon
German authorities appoint a firm to remove the partially destroyed lock-gate at Kiel-Holtenau.
MOL Set on Unlocking the Potential of Northern Sea Route
Mitsui O.S.K. Lines has set sights on seizing the gains from the growth of transported goods via the Northern Sea Route.
Uljanik Plovidba Disposes of Its Oldest Ship
Croatia’s Uljanik Plovidba has disposed of Levan, a 2006-built bulk carrier.
Navios Containers to Buy Secondhand Ship
Navios Maritime Containers has decided to acquire a 4,250 TEU containership.
BP to Offload MR2 Tanker Trio
BP has been linked to the sale of three Middle Range 2 (MR2) tanker veterans.
Dockers Secure Lashing Rights under New IBF Deal
Dockers guaranteed right to carry out lashing and other cargo handling services in ports under new IBF deal.
iContainers: M&A in Container Shipping Expected to Ebb in 2018
The consolidation drive in the container shipping sector through mergers and acquisitions to slow down in 2018.
Algoma Innovator Sets Sail for Canada
The recently completed Algoma Innovator starts its voyage from Croatia to Canada.
Readers’ Picks of the Week (February 19-23, 2018)
Here are the most read stories from last week.