Vessels News


China Rolls-out World's Second-Largest Ore Carrier

Jan 14, 2018

The second-largest ore carrier in the world was officially named Yuanhehai and delivered to China Ore Shipping, affiliated with China Cosco Shipping Corporation, in Shanghai, the state media reported. The 400,000-dwt mega ship, which is 362 meters long…

Capital Product Partners Buys Aframax

Jan 14, 2018

Capital Product Partners has announced that its Board of Directors has approved the acquisition of the eco-type crude tanker ‘Aristaios' (112,800 dwt, Ice Class 1C, built 2017, Daehan Shipbuilding, S. Korea) for a total consideration of $52…

Hyundai Drive Made First Call to Hamad Port

Jan 14, 2018

Qatar’s Hamad Port announced the addition of a new service from South Korean shipping line Hyundai Merchant Marine (HMM) to its growing network list, QNA reported. HMM’s 365.5-metre-long ‘Hyundai Drive’ made its first call to Hamad Port…

Elengy LNG Trans-Shipment at Montoir-de-Bretagne

Jan 14, 2018

Elengy, a unit of the French energy company and LNG player Engie, said that the LNG receiving terminal in Montoir-de-Bretagne, managed by the company, has just performed a new generation LNG transshipment.  The ice-class LNG carrier Fedor…

New Digital Marketplace for Supply Chain Management

Jan 12, 2018

Mitsui & Co., Ltd. and Weathernews Inc. have joined forces to create a new digital marketplace for the maritime industry, called maruFreight.  maruFreight operations will benefit from the financial support and expertise of Mitsui, one of the largest trading and investment companies in the world…

MedPort Tangier Cranes to Reach APM Soon

Jan 11, 2018

The first group of three, of a total of 12 advanced remotecontrolled ship-to-shore (STS) cranes, has departed China for delivery on February 15 to the new APM Terminals MedPort Tangier, Morocco terminal. Manufactured by ZPMC in Shanghai…

Contargo Rolls out New Service from Rotterdam and Basel

Jan 11, 2018

Contargo AG has launched a new rail shuttle service to the German town of Weil am Rhein on the Swiss border. This creates a direct connection between the port of Rotterdam and the important industrial areas around Basel. Three times a week…

Concordia Maritime Charters Two More MR Vessels

Jan 10, 2018

Swedish tanker owner Concordia Maritime has chartered in two more MR (ECO) vessels, while also extending the contracts for two of the currently chartered MR (ECO) vessels by a further year. A contract to charter out the P-MAX tanker Stena Performance has also been signed…

Eagle Bulk Shipping Adds New Ultramax

Jan 10, 2018

U.S. based owner of Handymax dry bulk vessels Eagle Bulk Shipping has announced that it has taken delivery of its newly acquired vessel, the M/V New London Eagle, a 2015-built CROWN-63 Ultramax. The acquisition has been funded by cash on-hand and new debt of USD 8…

German Boxship Collides with Crane at Keelung Port

Jan 10, 2018

A German-flagged container ship Hansa Meersburg ran into a crane while berthing at Keelung Port, Taiwan resulting in the damage of containers and port infrastructure, CNA reported. The 2007-built freighter, operated by German-based Leonhardt…

Four Japanese Companies Join Modec in Sepia FPSO Deal

Jan 09, 2018

Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO) unit for the Petrobras-operated Sepia field offshore Brazil.  'MODEC, Mitsui…

Shipowners' Club on Mayflower Autonomous Ship

Jan 09, 2018

The Shipowners' Club has revelead details about Mayflower Autonomous Ship project (MAS), which is an innovative new venture to design, build and sail the world’s first fully autonomous vessel across the Atlantic Ocean. The project’s name…

Crowley’s Solutions Group Reorganizes

Jan 09, 2018

Crowley Maritime Corp.’s solutions group announced that it is reorganizing and establishing new leadership to better serve customers in need of engineering, project management and government services.  Solutions is the company’s dedicated…

JR Shipping Seals Refinancing Deal

Jan 08, 2018

Dutch shipowner and manager JR Shipping has succeeded in involving a credit investment fund in London in the refinancing of JR Fleet Fund CV – a shipping fund which has financed eleven container feeders belonging to the shipping company’s fleet…

Eidesvik Scores Work for Two Vessels

Jan 08, 2018

Norwegian shipping company Eidesvik Offshore ASA  has signed a letter of intent (LoI) with Seabed Geosolution for the use of  two vessels. Contract commencement are ultimo January to primo February and the duration is expected to last for the remaining part of 2018…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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