World Maritime News
The industry's seaborne news provider
17/08/2018 02:42 PM
GOGL to Equip 16 Bulkers with Scrubbers
Ahead of the implementation of new maritime regulations, GOGL is to install 16 scrubbers on its Capesize vessels.
17/08/2018 12:55 PM
Mercuria Becomes Aegean Marine’s Sole Lender
Mercuria became the sole lender under Aegean Marine's U.S. and global revolving credit facilities.
17/08/2018 12:33 PM
US Port Everett Kicks Off Modernization Project to Handle Larger Ships
To be able to handle next-generation ships, the Port of Everett embarks on the largest capital project in its history.
17/08/2018 12:25 PM
Stena Blue Sky Takes LNG Cargo to New Terminal in China
The LNG carrier Stena Blue Sky delivered a cargo to the first privately-owned LNG terminal in China.
17/08/2018 11:43 AM
DHT Holdings Raises Fresh Funds, Agrees Convertibles Deal
DHT Holdings agreed to exchange existing convertible notes due 2019 and entered into private placement contracts.
17/08/2018 10:29 AM
Maersk to Spin Off Drilling Unit as It Focuses on Transport
Maersk is to list Maersk Drilling as a standalone company in an effort to focus on transport and logistics.
17/08/2018 10:27 AM
Team Tankers Bounces Back to Profit in Q2
After posting financial losses, Team Tankers returned to profitability in Q2 2018.
17/08/2018 10:03 AM
Maersk’s Revenue Grows in a Challenged Market
Maersk delivered revenue growth as profitability remained at unsatisfactory levels in the second quarter of 2018.
17/08/2018 09:57 AM
Samsung Heavy to Build Two LNG Carriers for Celsius Tankers
Samsung Heavy secures a contract for the construction of two 180,000 cbm LNG carriers for Celsius Tankers.
16/08/2018 05:15 PM
Diana Shipping Secures Work for Panamax Bulker
Diana Shipping signed a charter deal for its Panamax bulker Coronis with CJ International Italy SPA.
16/08/2018 05:02 PM
Boskalis Makes Partial Exit from Heavy Lift Business
Boskalis plans to partially exit from its heavy lift business after it suffered huge financial losses in H1 2018.
16/08/2018 04:46 PM
TORM’s Newbuildings to Feature Scrubbers
TORM unveiled plans to install scrubbers on 14 of its vessels in an effort to prepare for the 2020 sulfur cap.
16/08/2018 03:40 PM
Maersk AHTS to Install First Offshore Cleaning System
Maersk is providing support to The Ocean Cleanup by installing a pilot clean-up system in the Pacific.
16/08/2018 03:25 PM
DS Research: Container Handling Capacity to Rise by 260 Mn TEU in Five Years
Container handling capacity is projected to increase by 260 million TEU until 2023, developing more in line with demand.
16/08/2018 02:09 PM
DP World’s Earnings Grow amid Upswing in Global Trade
DP World: Global trade sees upswing as geopolitical headwinds continue to pose uncertainty for the container market.
16/08/2018 01:13 PM
Genco Receives Two Capesize Bulkers, Signs USD 180 Mn Credit Facility
Genco Shipping & Trading Limited takes delivery of two Capezise vessels and inks a five-year credit facility.
16/08/2018 12:36 PM
Vard to Build Autonomous Boxship for YARA
Vard is to construct an autonomous and electric-driven container vessel for Norway's YARA.
16/08/2018 09:36 AM
DFDS Orders One More RoRo at Jinling Shipyard
DFDS orders an additional RoRo newbuilding from Chinese Jinling Shipyard.
16/08/2018 09:34 AM
DryShips Agrees to Sell One of Its Panamaxes
DryShips reached an agreement to sell one of its 2001-built Panamax drybulk carrier.
16/08/2018 08:20 AM
One More Navig8 Tanker Named in China
New Times Shipbuilding names Navig8' new 111,000 dwt oil tanker.
15/08/2018 05:25 PM
Norden Chooses Scrubbers for Up to 31 Vessels
Norden unveiled its intentions to install scrubbers on up to 31 owned and chartered vessels.
15/08/2018 04:22 PM
DSME Posts Lower H1 Profit
DSME wrapped up the first six months of 2018 with a lower profit year over year.
15/08/2018 03:41 PM
SCI’s Tanker “in Full Command” after Explosion
Shipping Corporation of India: Tanker Desh Vaibhav is totally under control following an explosion on board.
15/08/2018 02:47 PM
Electrification of Ships Building Momentum as RR Unveils New Battery System
A lithium-based energy storage system for ships has been launched by technology company Rolls-Royce.
15/08/2018 02:46 PM
Yang Ming Confirms Order for 10 Units at CSBC Corporation
Yang Ming has confirmed an order for ten 2,800 TEU boxships with compatriot CSBC Corporation.
15/08/2018 01:08 PM
Aquarius Gets Permission to Disembark Migrants in Malta
Rescue ship Aquarius, carrying 141 migrants, received permission to enter Maltese territorial waters.
15/08/2018 12:40 PM
CFO: Turkish Lira Crisis Affects DFDS
The currency crisis in Turkey has had a negative impact on DFDS, the company's CFO revealed.
15/08/2018 11:56 AM
Concordia Maritime: Weak Tanker Market Will See an Upturn
As the tanker market remained week during Q2 2018, Concordia Maritime widened its net loss.
15/08/2018 11:54 AM
ReCAAP: Asian Armed Robbery Incidents Surge in July
ReCAAP: A total of seven incidents of armed robbery against ships were reported in Asia in July 2018.
15/08/2018 10:33 AM
Navig8 Chemical Tankers Sinks Further into Red
Lower gross average daily TCE rates pushed Navig8 Chemical Tankers further into loss in 2Q 2018.