Navios Maritime Containers Inc. (Navios Containers) took delivery of Navios Miami, a 2009-built, 4,563 TEU containership in the last month.According to a press note from the growth vehicle dedicated to the container sector of the maritime industry the vessel was acquired for a purchase price of $13…
Wärtsilä said it has developed a lock entry assist system that will facilitate a vessel’s approach and entrance into waterway locks. The development work has been carried out in cooperation with the Canada-based CSL Group. The initial deployment…
Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture.N2Tankers brings the shipowning and operational expertise of…
Palau International Ship Registry, the world’s fastest growing flag, added yet more vessels into its fleet with the signing of two new ship registrations during Seatrade Middle East 2018 (STMM) held last month in Dubai.Jamal S Khalil, General Manager…
Greece-based ship-owning company TOP Ships announced that it has agreed a new time charter employment contract for 2 years with BP Shipping Ltd for its product/chemical tanker M/T Eco Revolution.The international owner and operator of modern…
The Port of Rotterdam has emphasized the reinforcement of the polluter pays principle in the run-up to trilogue negotiations on the Port Reception Facilities Directive.Last month, on October the 9th, the Transport Committee of the European Parliament…
German shipowner Reederei Nord and Singapore-based ship manager Synergy Group, on behalf of Nissen Kaiun, have launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture (JV).The combined fleet…
Matson, Inc. took delivery of the first of two new Aloha Class containerships built for Matson's Hawaii service at Philly Shipyard.Christened 'Daniel K. Inouye' in honor of Hawaii's late senior U.S. Senator, the vessel is the largest containership ever built in the United States…
Leading Greek shipping industry stakeholders joined ABS, a global provider of classification and technical advisory services to the marine and offshore industries, for a workshop on drafting 2020 sulfur limit Ship Implementation Plans (SIP)…
As part of their mission to improve services for shippers moving cargo between the US Gulf Coast, Jamaica, and ports in Ecuador, Peru and Chile, Seaboard Marine and BBC Chartering are pleased to announce a new strategic cooperation which will be marketed as “Andino Service…
The South Korean container carrier Hyundai Merchant Marine (HMM) has chalked out an ambitious blueprint for expansion.The ocean carrier's CEO C.K. Yoo presented HMM’s target of building up its capacity to 100 million TEUs and posting USD 10 billion in annual revenue by 2022…
Global Ship Lease, Inc., Poseidon Containers Holdings LLC and K&T Marine LLC has announced that they have entered into a definitive merger agreement for a stock-for-stock transaction representing a total transaction value of over $780 million…
It’s about more than maritime. Harald Solberg, CEO of the Norwegian Shipping Association, sees a world of opportunity from his office overlooking Oslo. Here he talks markets, innovation, ocean developments, and even rubbish. Norway, he believes…
Port of Mombasa of Kenya Ports Authority (KPA) pilots has received Mediterranean Shipping Company (MSC) container vessel MSC Maxine master one of largest container vessel to dock at the facility.The port has registered a new performance record…
Hapag-Lloyd, Ocean Network Express, and Yang Ming announced the strategic cooperation with CMA-CGM, COSCO, OOCL to enhance their Mediterranean-U.S. East Coast service AL6 (Atlantic 6) to deliver a more efficient and comprehensive service quality…