China’s Yangzijiang Shipbuilding has won six shipbuilding contracts worth a total of $133m during the second quarter of this year, Business Times reported. Three of these orders for 1,800 TEU (twenty-foot equivalent unit) containerships…
Recent improvements in the design efficiency of new ships went into reverse last year, a new independent study has found. According to the CE Delft study the average design efficiency of new bulk carriers, oil tankers and gas carriers was worse in 2016 than in 2015…
Hapag-Lloyd AG, a leading global container shipping company, launched a euro bond offering with a volume of EUR 300 million and a maturity of seven years. The proceeds will be used for the early redemption of the company’s euro bond due…
Dan-Bunkering (America) Inc. has announced the promotion of Jim Jensen to the position of managing director as of July 1, 2017. Jensen initially started with Dan-Bunkering as a bunker trader at its Copenhagen office in 2008 and relocated…
ClassNK and Green Award announced that they would further broaden their cooperation to ensure safety and minimize negative effects of the shipping industry. ClassNK became a Green Award incentive provider. ClassNK, a ship classification society…
Eli Glickman, 56, took office as the new President and Chief Executive Officer of ZIM effective July 1, 2017. Glickman is taking over from Rafi Danieli, who has been President & CEO of ZIM since 2009. 'I’m pleased and honored to take office as ZIM’s CEO…
South Korea's major shipyards are estimated to have racked up solid profit during the second quarter of the year, aided by the increased delivery of ships, cost-cutting measures and a rise in new orders, Yonhap reported citing industry sources…
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), will soon deliver the world's first converted Floating Liquefaction Vessel (FLNGV) owned by Golar Hilli Corporation (Golar), a subsidiary of Golar LNG Ltd…
Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) announced the establishment of a holding company and an operating company, for the integration of the three companies' container shipping businesses…
The Cyprus Chamber of Shipping has hailed the unanimous decision by MPs to forward for a vote the legislation that will define three new branches of the executive – shipping, tourism and development, reports Financial Mirror. The report…
Royal Boskalis Westminster N.V. said its new mega cutter Helios was named and christened during a festive ceremony in the port of Rotterdam, the Netherlands. Boskalis said the Helios is the largest and most powerful cutter suction dredger it has ever developed…
The MoU establishes a partnership between the three organizations to conduct recurring global surveys on seafarer training practices in industry and sets out the guiding principles and terms by which WMU, Marine Learning Systems and New Wave…
The UK Coastguard report that a bulk carrier and an oil tanker collided in the Dover Strait. Although both vessels have been damaged, there is no water ingress and no pollution. A French tug is on scene with the vessels. There are no injuries and all of the crew are accounted for…
BIMCO has appointed Philip Tinsley as its new Head of Maritime Security. Tinsley joined the association in 2015 and assumes his new position after the sad and untimely death of his colleague, Giles Noakes, earlier this year. Before joining BIMCO…
Perama Ship Repair Zone dock maintenance works completed and the new floating dock is expected to get ready by November 2017. P. Kouroumplis, Minister of Shipping and Insular Policy, S. Pitsiorlas, Deputy Minister of Economy and Development…
