-
Asia
Indonesia’s president hails new direct call to the US
Indonesia’s president was on hand at Jakarta port yesterday for a momentous day for the transpacific trades. Joko Widodo bade…
Read More » -
Europe
Kyklades cancels Sungdong’s last ship orders
Endangered Korean yard Sungdong Shipbuilding & Marine Engineering has lost its last newbuild contracts with Kyklades Maritime of Greece nixing…
Read More » -
Asia
PaxOcean signs up to Newport’s repair offering
Fast developing Newport Shipping has added to its global network of ship repair yards with facilities in Singapore, Indonesia and…
Read More » -
Europe
LR introduces online tool to help evaluate sulphur options
British class society Lloyd’s Register (LR) has launched the Sulphur 2020 – Options Evaluator to help the industry identify the…
Read More » -
Americas
YieldStreet makes ‘game-changing’ ship finance play
YieldStreet, an alternative investment platform, has debuted marine finance as a new asset class, believed to be a first-of-a-kind investment…
Read More » -
Europe
Rolls-Royce and AXA team up
An insurance company is teaming up with a leading marine equipment manufacturer to explore how to develop ships of the…
Read More » -
Europe
Fredriksen opts for scrubbers on latest newcastlemax newbuilds
John Fredriksen’s Seatankers has ordered two newcastlemax bulkers at New Times Shipbuilding in China with Allied Shipbroking noting the 208,000…
Read More » -
Tankers
VLCC earnings predicted to more than double by Q4
In likely his last public report Joakim Hannisdahl, head of research at shipping and offshore specialist Gersemi Research, has come…
Read More » -
Europe
HSBC, ING and Cargill in landmark blockchain soya shipment
Dry bulk shipping has taken a transformative step with news of a landmark blockchain initiative. Hashtagged #TransformingTrade, banking giant HSBC…
Read More » -
Europe
Turkish livestock carrier owner fined for dumping dead sheep overboard
Turkey’s Danube Shipping Company has been fined and will face significant clean-up costs after crew on its 54-year-old livestock carrier,…
Read More » -
Americas
3D printed ships move a step closer
A 3D printed ship moved a step closer yesterday. Shares in New York-listed 3D Systems rocketed on news it has…
Read More » -
Europe
Antwerp port developing ambitious shipping carbon capture project
With the climate target of getting Belgian CO2 emissions 35% lower by 2030 in mind Antwerp Port Authority and gas…
Read More » -
Operations
Intercargo urges for greater SAR capabilities in the wake of the Stellar Daisy sinking
Intercargo, the dry bulk shipping industry association, has called for greater search and rescue infrastructure in the world. In its…
Read More » -
Americas
Japanese line fined $1m in the US
Japan’s Nitta Kisen Kaisha has been fined $1m by the US Department of Justice after one of its ships was…
Read More » -
Asia
As oil prices rise, Wilhelmsen comes out with offshore reactivation manual
Launching their Offshore Preservation & Re-Activation Manual, Wilhelmsen Ships Service (WSS) today urged offshore industry players to take a second…
Read More » -
Operations
Seafarers to continue receiving wages if held by pirates
Seafarers held captive as a result of an act of piracy or armed robbery against ships will continue to receive…
Read More » -
Asia
APL details how it is gearing up for the 2020 global sulphur cap
APL, CMA CGM’s Singapore containerline, has announced a 50.7% reduction in carbon dioxide emissions per transported container per kilometer in…
Read More » -
Asia
Transworld takes on another feeder boxship
India’s Transworld Group has bought the 1,608 teu from Reederei F.A. Vinnen & Co with Alphaliner quoting a price of…
Read More » -
Asia
German yards hit out at Asian rivals for taking loss making orders
Germany’s shipbuilding association, VSM, has hit out at rivals in East Asia for taking on loss making projects. In a…
Read More » -
Containers
Classic panamax boxships roar back, charter rates up 200% since late 2016
Charter rates for classic panamax boxships are now at their highest levels in 30 months, lending credence to a bold…
Read More »