Euroseas Ltd. (NASDAQ: ESEA) an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today the following chartering arrangements for two of its container carriers: a) EM Athens…
MacGregor, part of Cargotec, is upgrading and optimising the container stowage systems on board seven Hapag-Lloyd C-class (Samsung 9,300 TEU series) container vessels. A contract for four vessels was signed in December 2017 and was shortly followed by a further three in January 2018…
Maersk Line India announced the introduction of Export and Import service offerings at Kakinada port in Andhra Pradesh. This End to End service (Store Door) will enable customers in the region to reach global touch points. With this first time offering in Kakinada…
Monaco-based international shipping company Scorpio Bulkers said it has received a commitment for a loan facility of up to $12.75 million from a leading European financial institution to finance the Company’s Kamsarmax bulk carrier. The…
ABS announced the launch of e-Certificates. Continuously available, tamper-proof, independently verifiable and secure digital equivalents of traditional ABS paper certificates, e-Certificates are now available to ABS’ entire classed-fleet, subject to individual Flag Administrations’ authorization…
General Dynamics NASSCO has started construction on the second ship in a two-ship series of Kanaloa-class containerships for Matson Navigation Company, Inc. Construction of Matsonia began with a ceremonial first cut of steel at NASSCO's San Diego shipyard where the first ship in the series…
Japan's Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced the completion of payment for investment in their new joint venture in the container shipping business, Ocean Network Express Pte…
India's largest private sector shipping company which mainly transports liquid, gas and solid bulk products Great Eastern Shipping Company Limited (GE Shipping) signed a contract to buy a secondhand Very Large Gas Carrier (VLGC) of about 81…
Government of Greenland owned shipping company Royal Arctic Line A/S has signed a contract with Spanish shipbuilder Zamakona Yards for the construction of two reefer ships with and the concept design will be conducted by the norwegian company Havyard…
The United Nations Security Council blacklisted dozens of ships and shipping companies on Friday over oil and coal smuggling by North Korea, boosting pressure on Pyongyang as leader Kim Jong Un plans to meet with his South Korean and U.S. counterparts…
Japan's Ocean Network Express (ONE) announced the commencement of container shipping businesses on April 1, 2018.ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha…
Singapore-listed commodity giant Noble Group (NGL) has announced it has entered into a memorandum of agreement to sell a Kamsarmax-size dry bulk carrier to Cypriot company Ocean Liberty Marine Ltd and Transmed Shipping Ltd for US$24 million in cash…
For three Japanese ocean carriers combining their shipping container business into ONE, the future is bright and it comes in magenta. The future arrives this April. ONE stands for Ocean Network Express, a joint venture of “K” Line, Mitsui O…
DP World Sokhna recently welcomed the largest bulk cargo vessel to ever arrive to the port and enter the Red Sea, said a press release from the company. Known as a capesize vessel, the M/v Seafarer originally came from Malta carrying steel cargo weighing more than 140…
Rolls-Royce is to supply more MTU engines to fast ferry operator Majestic Ferry in Singapore.Designed by Incat Crowther, a total of seven new fast ferries are being built at PT Cahaya shipyard in Batam, Indonesia over the next two years…