Hamburg Süd christened the Polar Ecuador containership in Antwerp.The new vessel belongs to a group of four structurally identical vessels in the Polar class that have been built for Hamburg Süd by the Chinese shipyard Jiangsu New Yangzi Shipbuilding…
Palau International Ship Registry (PISR) reports it has recorded a zero percentage detention record with the United States Coast Guard (USCG) in the latest figures issued for 2016-2018 Port State Control examinations.The USCG targets flags for…
Danish tanker shipping company Maersk Product Tankers has just entered a sale-and-leaseback agreement for four medium range (MR) vessels with the Chinese bank, Industrial and Commercial Bank of China (ICBC).The four ships were built in 2015…
Neo-Panamax container vessels experienced increased activity during the first quarter of 2019, compared to the fourth quarter of 2018, said Capital Product Partners.While charter rates for feeder and panamax vessels remained relatively flat due to…
The Wilhelmsen group recorded a $29 million net profit after non-controlling interests for the first quarter of 2019. Increased share of profits from associates and net financial gains more than offset a reduction in adjusted EBITDA when compared with the previous quarter…
International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.By way of illustration…
Shipping emissions: International measures needed to cut operational greenhouse gas emissions of existing fleet by 2030 – new studyThe international shipping sector needs to quickly adopt short-term policy measures to cut operational greenhouse gas (GHG) emissions of the existing fleet…
In July 2015, Worldwide Recruitment Solutions (WRS) was awarded the contract as a provider of managed services for Telford Offshore (previously Sea Trucks Group). As a rostered managed services provider tasked with providing all contract manpower…
Dubai headquartered offshore support vessel (OSV) company Topaz Energy & Marine provides marine solutions to the global energy industry with primary focus on the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of MexicoIn 2017…
V.Group has urged shipowners and operators to take a proactive approach to 2020 compliance. With the global sulphur cap less than nine months away, V.Group is seeing growing numbers of shipowners and operators developing Ship Implementation Plans (SIPs) to mitigate risks and minimize disruption…
Japanese shipping giant Mitsui OSK Lines (MOL) will buy Reliance Industries (RIL) stakes in Singapore-based Reliance Ethane Holding (REHPL) which has a fleet of six very large ethane carriers (VLECs).RIL has 100% holding in six limited liability companies (LLCs) which own the VLECs…
Maersk Supply Service (MSS) announced it will equip its vessels to use data to optimize operations and save fuel in real time.The offshore services company said on Friday it signed a contract earlier this month with Eniram, a Wärtsilä company…
Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) has signed a contract with Edison SPA, a Milan-based energy company, to charter out a newly built liquefied natural gas (LNG) carrier for up to 20 years, including optional extension periods…
Today at Fincantieri’s Arsenale Triestino San Marco shipyard, in Trieste, Italy, first steel was cut for the first of three new ships sections as part of Windstar Cruises’s $250 million vessel overhaul program.Windstar’s Star Plus Initiative is a complex and comprehensive small ship lengthening…
The CMA CGM Group announced that its intra-European multimodal transport subsidiaries Containerships and MacAndrews have united under the single Containerships brand.Together, Containerships and MacAndrews operate a fleet of 32 vessels and 700 trucks…