The bulk investment company focusing on vessels in the second hand market GoodBulk entered into a new credit facility with ING Bank for up to $73.0 million. This facility has an initial term of five years, profile of sixteen years.GoodBulk took delivery of the M/V Aquasalwador…
Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima. The containership’s sublet owner is Nippon Yusen Kaisha (NYK Line).The…
Stena Bulk said it has signed a contract with Brazil's state-owned oil company to charter out a pair of MR product tankers for transporting refined products along the Brazilian coast. The two-year deal includes the option to extend the charters for another 11 months…
Concordia Maritime said it has signed a contract to charter out the P-MAX tanker Stena Provence for another year from September 2018.The contractual partner is one of the world’s largest oil and gas companies, who has used the vessel since 2014 for niche transportation of refined petroleum products…
Container shipping line Hapag-Lloyd is the first company to receive the “DNV GL Excellence Green Star” certificate in recognition of its compliance with the highest standards in ship recycling.Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, presented the certificate to Hapag-Lloyd COO Anthony J…
South Korean shipbuilder Samsun Heavy Industries (SHI) revealed that it has won another 152,700 DWT suezmax-sized shuttle tanker from Singapore's AET.This is another order from the shipowner who ordered a quartet to SHI in May 2018. The price…
Hong Kong-based container shipping and logistics service company Orient Overseas Container Line (OOCL) said that it has been taking concrete, meaningful and progressive steps in our long-term commitment to protecting the environment and reducing…
Inmarsat has unveiled Fleet Data, a new Internet of Things (IoT) service, which will enable ship owners and managers to access and analyse real-time onboard data more efficiently, and as a result will help accelerate the adoption of IoT across the maritime industry…
The Panama Canal will implement, from October 1, changes in the transit reservation system for the new neopanamax locks, which includes a restructuring of payment fees for the natural gas segment liquefied (LNG), in order to optimize the use of the interoceanic route…
ESL Shipping, a shipping company fully owned by Aspo has completed the transaction concerning the acquisition of all the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB that offer shipping services.Total of 444,255 new Aspo's…
ZIM Integrated Shipping Services (ZIM) has announced that starting September, ZIM India-Med Express Line (IMX) will have a new rotation, with significantly faster transit time, making the fastest on the trade.A press release from the company…
The container, processed with the revolutionary new blockchain-based CargoX Smart Bill of Lading, has been released successfully in the Port of Koper, Slovenia (EU), where it arrived on Sunday, 19 August 2018, completing its journey from Shanghai (China) aboard the cargo ship Ever Safety…
ZIM Integrated Shipping Services (ZIM) reported total revenues were $803.2 million in Q2 2018, compared to $745.7 million in Q2 2017, an increase of 7.7%. It carried 772 thousand TEUs, an all-time record (reflecting a growth of 17.1% compared to Q2 2017)…
Ship Finance International Limited said it has agreed to acquire three large containerships in combination with long term time charters.The vessels were built in 2015 with approximately 10,600 TEU carrying capacity. The company expects to take delivery of the vessels in the near term…
With 19,038 TEU loaded on board, the Mumbai Maersk has set a world record for the largest-ever containership cargo.The second-generation Triple-E containership left the dock of Malaysia’s Tanjung Pelepas Port over the past weekend and is now sailing into Europe…