Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 14000 TEU containership, the YM Width. The new containership, which was constructed at CSBC Corporation, Taiwan ('CSBC') is Seaspan's eighth 14000 TEU SAVER design containership and fourth delivery in 2016…
The Baltic Dry Index (BDI) ’s positive effect on capacity being removed from the fleet did not continue into Q2 2016, as capesize demolition came to a halt.The BDI went from “devastating” in February to “poor” in April with the highest total…
Norwegian liner Siem Shipping Inc. has won a one-year contract renewal for a regular weekly service from Ecuador to St. Petersburg, Russia. The contract extension for the service covers seven reefer vessels. The service, which employs seven vessel…
CMA CGM S.A. (CMA CGM), a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03), has…
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia. According DSME statement the vessel, which was originally scheduled for June this year re-set the delivery date…
Korean Register (KR) – an IACS member classification society - has signed a Memorandum of Agreement to establish a joint venture company with the Iranian Classification Society (ICS).The agreement is to deliver plant facility certification and engineering services…
Since July 2001, all ships entering Australian ports or waters from overseas have been subject to Australia’s national ballast water management requirements. These are currently enforced under the Quarantine Act 1908, but from June 16, 2016…
On Monday 23 May 2016, Scandlines’ new hybrid ferry, M/V Berlin, will for the first time carry passengers when it departs from Rostock towards Gedser at 06:00. Scandlines has now acquired all necessary certificates for the new hybrid ferry for the Rostock-Gedser route…
Less domestic petrochemical consumption of LPG would be positive for VLGC shipping as it would result in a greater surplus of LPG available for export. However, it is still unclear whether this dedicated-feedstock ethylene (five new ethylene plants…
Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) ('Pioneer Marine,' or the 'Company') a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the first quarter ended March 31…
Multimodal network operator Samskip and inland waterway transport provider Pro-Log are celebrating the 10th anniversary of barge operations connecting Rotterdam and Duisburg by adding a second vessel, increasing service frequency to six times weekly…
Scandlines focused the business on the Germany-Denmark routes and made significant investments in future-proofing the group’s ferry operations as well as catering and retail activities in 2015. Efforts to promote the Rostock-Gedser route paid…
Around 300 people gathered in Tokyo on May 12 to attend a ship recycling seminar held by leading classification society ClassNK. In addition to ClassNK representatives, top industry experts from Asia and Europe discussed the current challenges…
Damen Shipyards Group has sold a Fast Ferry 4212 to South Korean ferry operator DAEA Express Shipping. The vessel, named Sea Flower, is the fourth ferry of this design that Damen has sold in the last five years to companies operating on the east coast of the Korean peninsula…
Norsafe will be showing a comprehensive range of its renowned safety craft at Posidonia, June 6 to 10th 2016 at stand 420, hall 3.Exhibiting in partnership with its Greek agent, Intra Mare, the Norwegian based manufacturer together with…