Designers OSK, owners Rederiaktiebolaget Gotland and builders Guangzhou Shipyard International jointly celebrated the delivery of MV VISBORG the first vessel in a series of two intended to ply the waters between Gotland’s largest city Visby…
Maersk Broker Bulk Chartering has bought a stake in a US-based dry bulk broker NAODAN Chartering and become a major shareholder.The dry cargo brokerage of NAODAN Chartering will continue to focus on the well-established and successful business out of the West Coast of the USA…
NYSE-listed offshore support vessel owner Scorpio Group has taken control of Nordic American Offshore (NAO), via a private placement into company’s shares worth $5 million.The investment, which took place via a private placement with Scorpio Offshore Investments…
Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) has signed long-term contracts with Diamond Gas International Pte. Ltd. (DGI), a wholly owned subsidiary of Mitsubishi Corporation (MC) located in Singapore, for DGI to…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Singapore, for one of its Panamax dry bulk vessels, the m/v Ismene.The a global shipping company specializing…
Florida-based provider of energy transportation services delivering crude oil and petroleum products Overseas Shipholding Group (OSC) and American Shipping Company (AMSC) jointly announced that OSG has exercised options to extend its charter…
European Commission adopted a new Decision amending Implementing Decision (EU) to update the European List of ship recycling facilities. The said decision has been published on Monday in the Official Journal of the EU.With the 4th version of the list…
Industry leaders and non-profit the Sustainable Shipping Initiative announced the launch of the Ship Recycling Transparency Initiative’s (SRTI) online platform - a tool for sharing information on ship recycling to drive responsible practice…
Japanese shipping giant NYK has signed a long-term contract with a unit of French energy giant Total to charter two liquefied natural gas (LNG) carriers.According to the contract, Total Gas & Power Chartering Ltd (TGPCL) will charter from NYK…
Fincantieri's Marghera shipyard in Venice launched the Carnival Panorama, a sister ship of the 4,000-passenger Carnival Vista and Carnival Horizon.The the largest shipbuilder in Europe said in a press release that interior fittings will now begin…
Time has come to apply for renewal of CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority (DMA). The certificates must be renewed once a year when the underlying insurance expires.According to DMA, ships that…
The world's largest container shipping company A.P. Moller -Maersk has pledged to cut net carbon emissions to zero by 2050.The Danish business conglomerate with activities in the transport, logistics and energy sectors said in a press note that to achieve this goal…
South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join a new ocean alliance said a local media report.According to a report in Business Korea, the…
Norwegian oner and operator of container vessels MPC Container Ships (MPCC) has exercised options to equip additional five vessels with exhaust gas cleaning systems.The scrubber investments are expected to be financed with cash on hand and available debt capacity on the MPCC's existing fleet…
International marine transportation company operating in the product tanker market d’Amico International Shipping S.A. (DIS) said that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) signed a memorandum of agreement and bareboat charter…