A.P. Moller-Maersk said on Thursday two of its offshore oil industry supply vessels sank off the coast of France earlier in the day as they were being towed for scrapping in Turkey. It said the two vessels, Maersk Searcher and Maersk Shipper…
Hill Dickinson said it successfully defended its client, Bourne Leisure, in a 219-claimant class action involving a Norovirus outbreak which occurred at a Butlin’s site in 2011.More tthan 4,000 guests and an additional 1,200 team members…
Matson, Inc. ('Matson') announced the issuance of $75 million in privately placed 11-year final maturity senior unsecured notes (the 'Notes') pursuant to a previously announced commitment letter dated October 27, 2016. The Notes will have…
Radio Holland Malaysia (RHM) secured a contract from Destini Shipbuilding & Engineering for the supply of Navigation and Communication equipment on board of six New Generation Patrol Crafts (NGPC). The vessels are being built for the Malaysian Maritime Enforcement Agency (MMEA)…
Since December 14 2016, multimodal rail operator H&S Container Line is offering a direct rail connection between the port of Antwerp and Andernach (Germany, Rhineland-Palatinate). Andernach’s trimodal terminal is already connected to Antwerp…
Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced that it signed an agreement to acquire from Dayang shipyard, Hull DY160, an Ultramax drybulk carrier…
CMA CGM’s European Caribbean Service is to begin calling at DP World London Gateway Port following enhancements to the rotation. It means that this particular service will be calling in the UK for the first time on Friday, January 6. Dedicated to reefer transport…
While container trade growth has slowed in recent years, box trade has still expanded significantly since the turn of the milliennium, according to Clarkson Research Services Limited. In 2016, box trade is projected to total 181m TEU, almost three times volumes in 2000…
Shipping confidence improved for the third successive quarter in the three months to end-November 2016, says a report by Moore Stephens, an accounting and advisory network in UK. In November 2016, the average confidence level expressed by respondents was 5…
The Long Beach Board of Harbor Commissioners will consider a proposal by a terminal investor to take over a majority stake in a long-term lease to operate the largest container terminal in the Port of Long Beach. If approved, the pact could…
Since Q1 2013, the significance of U.S. coal exports has seen a considerable setback, with 2016 achieving the same levels as 2009. This is due to the long-haul routes carrying coking coal from the U.S. East Coast and U.S. Gulf Coast to East Asia…
Marine security, tracking, monitoring and video surveillance systems company GOST (Global Ocean Security Technologies) has promoted Rob Yoder to Director of Research & Development. Yoder has served the company for over four years in the…
Ship Finance International Limited (SFL) has appointed Gary S. Vogel to its Board of Directors. Vogel currently serves as Chief Executive Officer and Director of Eagle Bulk Shipping Inc., a U.S listed owner and operator of geared dry bulk vessels…
Ship Finance International Limited (SFL) said it has taken delivery of MSC Anna, the first of two 19,200 TEU container vessels from Huyndai Heavy Industries, Korea.The vessel is chartered out for a period of 15 years, and lease financing has been secured for the full term of the charter…
A new niche bank for the shipping and offshore sector opened its doors for business on December 20, 2016. Serving the global maritime markets from its main office in Oslo, Maritime & Merchant Bank ASA (M&M) will provide secured lending in the form of first priority terms loans…
