Navios Maritime Containers announced that it took delivery of the Navios Unison, a 2010-built, 10,000 TEU containership on May 30, 2018. As previously announced, the vessel was acquired for a price of $50.25 million. The vessel is chartered out at a net rate of $26…
South Korea's Hyundai Merchant Marine (HMM) has selected the shipbuilders who will build the eco-friendly mega containerships it is to order under its 'Capacity of 1 Million TEU Strategy.' Since HMM sent out a Request for Proposal (RFP) to shipbuilding companies on April 10…
Liberty Global Logistics (LGL) announced today that Paul “Chip” Jaenichen, former U.S. Maritime Administrator, has joined the Company as its Executive Vice President – US Flag. In his new position, he will be responsible for the oversight…
In its 36th run, The CadetsPlus program has benefitted close to 3,000 cadets across 15 cities in six countries.A historical training collaboration between the Singapore Maritime Officers’ Union (SMOU), the Thai Seafarers’ Association (TSFA) and various shipping companies in Thailand…
GoodBulk, an owner and operator of dry bulk vessels, announced that it has filed a registration statement on Form F-1 with the United States Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common shares…
There’s a growing link between onboard connectivity and seafarer happiness levels, according to the latest Seafarer Happiness Index report from charity group the Mission to Seafarers.The report is based on the findings of a recent survey conducted by the Mission between January and March this year…
A cargo ship lost 83 containers over-board during heavy seas off Australia and items including nappies and sanitary pads are washing up on beaches while there are fears the ill-fated containers will pose a hazard for shipping and whales.The YM Efficiency…
If the United States implements trade sanctions including tariffs then all outcomes of the China-U.S. trade talks will be void, state news agency Xinhua said on Sunday following high-level trade discussions in Beijing.China is willing to increase…
YANMAR Marine International (YMI), supplier of engines and technology-driven marine propulsion systems to the leisure and light duty commercial markets, has announced key appointments.Following his work in various senior managerial positions in the company…
Egypt's Suez Canal revenue for the first 10 months of the 2017-18 fiscal year ending in June rose to around $5.1 billion, state news agency MENA quoted Finance Minister Amr El Garhy as saying on Sunday.Garhy did not provide a comparative figure…
French shipping group CMA CGM said it has been working with a San Francisco-based startup on a project to embed artificial intelligence and advanced digital technologies aboard its containerships.The collaboration kicked off in the beginning…
Portugal is seeking to expand its deep-water port of Sines to handle greater liquefied natural gas (LNG) shipments from the United States and elsewhere to offset Europe's shrinking domestic output, Prime Minister Antonio Costa said on Monday…
The shipping industry will this year scrap the largest number of oil tankers in over half-a-decade, driven by weak earnings, firm prices for scrap steel and the need to prepare fleets for strict new environmental regulations.The surge in scrapping…
Singapore's port authority will provide S$6 million ($4.5 million) to help build two liquefied natural gas (LNG) bunker vessels, in a bid to promote ship-to-ship LNG bunkering in the city-state.FueLNG, a joint venture between Keppel and Shell Eastern Petroleum…
The United Nations aid chief told Reuters on Monday that there had been an 'incident' with a U.N. ship being boarded by unknown forces off the Yemeni port of Hodeidah at the weekend, but it was over and the vessel had departed.Mark Lowcock, U…