Hellenic Carriers Limited, an international provider of marine transportation services for dry bulk cargoes, on 17 May 2016 sold the Company’s vessel HELLENIC WIND (74,000 DWT built 1997) for demolition to an unrelated third party for a total gross cash consideration of US$2…
Algeria’s state-run oil company Sonatrach has awarded two Chinese firms a $40 million deal to deliver a liquefied petroleum gas (LPG) carrier and an option to provide a second vessel, according to a Sonatrach document seen by Reuters. Sonatrach's…
OKYO, JAPAN, 16 MAY 2016: As Japan ramps-up its export drive, APL steps in to support Japanese growers and exporters in the exploration of overseas markets for their fresh produce. Through its range of SMART reefer solutions and well-diversified global network…
The 10 STS Cranes will be the tallest in service at any American port; new LED lighting on the crane booms will increase visibility while significantly reducing energy consumption, as capabilities expand to meet the needs of larger vessels entering into th global fleet…
BIMCO expects the container shipping fleet to break through the 20 million TEU barrier shortly. 2016 will see the lowest fleet growth rate on record (3.4% expected), but with an estimated net addition of 0.68 million TEU of capacity for the full year…
The Middle-East-focused marine logistics services provider Atlantic Navigation Holdings (Singapore) Limited has won long term charters for 10 OSVs with a combined value of around $236m from a Middle Eastern national oil company. The 10…
Following a solid first quarter, Port of Long Beach container cargo volumes decreased in April compared to the same month in 2015, after lower-than-expected consumer spending in recent months. The decline also reflects evolving vessel alliances that have shifted ship deployments…
APM Terminals, the port terminal operator arm of Danish shipping conglomerate AP Moller-Maersk A/S, has signed an agreement to enlarge 10 STS cranes at its Pier 400 facility in the Port of Los Angeles. The 10 STS cranes will be the tallest in service at any port in the United States…
Following the Maersk Group’s recent announcement of its long-term commitment to create more responsible recycling options in Alang, India, an agreement has been reached for the landing of the first two vessels. The Maersk Wyoming and the Maersk Georgia…
Container and bulk shipping company Universal Marine and MirTac, a provider of fleet management solutions, have implemented Star Fleet Management software onboard the new bulk carriers mv Pride and mv Star II.Recently, a joint venture between…
French shipping line CMA CGM SA will no longer run the mega containership Benjamin Franklin between Asia and the U.S. West Coast, on account of weak market conditions, reports FT.According to sources, Benjamin Franklin’s voyages have been suspended on the route between Asia and U…
Carnival Corporation & plc officially welcomed its fleet’s newest ship with the christening of AIDAprima, now the flagship vessel for Carnival’s German-based brand AIDA Cruises. AIDAprima made its debut with a light show and naming ceremony witnessed in person by 1…
GE Wind once again appointed Celtic Shipping Agencies to handle its latest shipments from Turkey to Ireland.Building on an earlier project via the Irish Port of Killybegs, GE chose Celtic Shipping once again to handle this latest work. This time…
Wärtsilä is to team up with an international group of shipping industry companies and organisations in a project to develop a concept for equipping future dry bulk carrier vessels with LNG propulsion.Project Forward is led by Athens-based Arista Shipping…
ECOSLOPS an innovative technology company that upgrades ship-generated hydrocarbon residues (slops) into valuable distillates and light bitumen, has announced the signing of a long-term XFO (light bitumen) supply contract with SOPREMA. SOPREMA…