Drewry expects that dry bulk shipping charter rates will continue to recover with firm demand and controlled fleet growth, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.Drewry…
The Maritime Prefecture of the Channel and the North Sea, in liaison with the CMA CGM Group and Les Abeilles (Bourbon Group), organized a towing exercise between a large container ship, the CMA CGM Marco Polo, and the Abeille Languedoc, including an ‘intervention’…
Classification society Indian Register of Shipping (IRClass) has been accredited for EU MRV Monitoring Reporting and Verification services by Raad voor Accreditatie (RvA). RvA is an internationally reputed, Netherlands based EU notified body…
Shulami Qalinge has been appointed Chief Executive (CE) of Transnet National Ports Authority (TNPA), becoming the first female CE of the organization. Qalinge succeeds Richard Vallihu who has been appointed Group Executive: Operational Readiness…
BW LPG Limited and Global United Shipping India Private Limited, have agreed to establish a joint venture in India in which the parties will own 50% each. The purpose of the new joint venture, named BW Global United LPG India Private Limited…
The Korean shipbuilder Hyundai Heavy Industries (HHI) won a contract worth up to $600 million from Netherlands-based energy and commodities company Vitol to build as many as eight gas tankers, Reuters reported. HHI will construct two liquefied petroleum gas (LPG) tankers with a capacity of 84…
In January 2017, d’Amico Tankers sold MT High Endurance and MT High Endeavour, two 46,992 dwt medium-range product tanker vessels, built in 2004 by STX, South Korea, to Sea World Tankers a client of Sea World Management SAM, for a consideration of US$ 13…
APM Terminals Tangier welcomed the Munich Maersk, one of the world’s largest container vessels, as it made its maiden call to celebrate the 10th anniversary of the largest and most modern terminal facility in North Africa. APM Terminals…
The Port of Los Angeles and other participating Environmental Ship Index (ESI) incentive providers have expanded their rewards programs for vessel operators willing to go above and beyond regulatory standards to cut harmful emissions from ships…
Malaysia’s MISC Berhad (MISC), a world leading energy related maritime solutions and services provider has taken delivery of Seri Cempaka, the third in a series of five Moss-Type Seri-C Class Liquefied Natural Gas (LNG) carriers. The 150…
LNG shipper GasLog Partners acquired from GasLog 100% of the shares in the entity that owns and charters the GasLog Geneva on July 3, 2017. The GasLog Geneva is a 174,000 cubic meter (cbm) tri-fuel diesel electric (TFDE) LNG carrier built in 2016 and operated by GasLog since delivery…
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Kamsarmax dry bulk vessels, the m/v Maia. The gross charter rate is US$10…
Crowley Logistics' new U.S.-Cuba Express shipping service for approved donated goods from South Florida to Cuba features at least three sailings per month, fast 16-hour transits and delivery at destination.Individuals can ship non-commercial gift parcels that meet particular requirements…
Matson has announced that it will introduce a new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ('RMI') that will shorten cargo transit times to the RMI from the U.S. mainland by as many as eight days. The…
Höegh LNG Holdings has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit (FSRU). The Facility comprises a 12 year export credit agency (ECA) term…