Vessels News

 

Keppel AmFELS to Build Two LNG Fueled Containerships

Aug 24, 2017

Keppel AmFELS, a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) in the United States (US), has secured a contract worth more than US$400m from Honolulu-based Pasha Hawaii for the construction of two Liquefied Natural Gas (LNG) fueled containerships…

CMA CGM Theodore Roosevelt Breaks Panama Canal Capacity

Aug 24, 2017

The Panama Canal welcomed the largest capacity vessel to ever transit the Expanded Locks, the CMA CGM Theodore Roosevelt.  CMA CGM Theodore Roosevelt  became the largest container ship ever to cross the new canal. Leaving the Port of Yangshan on July 28th…

OOCL Germany Delivered

Aug 23, 2017

OOCL celebrated the christening of Hull H2173, a 21,413 TEU newbuilding constructed at the Samsung Heavy Industries shipyard on Geoje Island.   Named as OOCL Germany, this mega containership is the second of the six 21 thousand TEU class…

Seaspan Takes Delivery of 11,000 TEU Containership

Aug 23, 2017

Seaspan Corporation said it has accepted delivery of the MSC Shuba B, an 11,000 TEU containership that will commence a 17-year fixed-rate bareboat charter with Mediterranean Shipping Company S.A. (MSC). Upon completion of the bareboat charter period…

Two New Tugs for KZN Ports

Aug 23, 2017

Transnet National Ports Authority (TNPA) celebrated a twin milestone for its KwaZulu-Natal ports as part of its R1.4 billion ($106.3 million), nine-tug construction contract. On Thursday, 22 August the new USIBA tug was christened and named ahead of its delivery to the Port of Richards Bay…

Baltic Index Slides on Lower Rates for Larger Vessels

Aug 23, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped for the second straight session on Wednesday, hurt by falling rates for larger vessels.The overall index, which factors in rates for capesize…

CMA CGM to Build World's Largest Boxships at Chinese Yard

Aug 23, 2017

French shipping group CMA CGM plans to build nine of the world's largest container ships at two Chinese shipyards, the China Daily newspaper reported on Wednesday. Shanghai Waigaoqiao Shipbuilding Co confirmed that it and its sister yard Hudong-Zhonghua Shipbuilding (Group) Co…

Panama Canal Welcomes Largest Capacity Containership To-date

Aug 22, 2017

The Panama Canal today welcomed the largest capacity vessel to ever transit the Expanded Locks, the Neopanamax containership CMA CGM Theodore Roosevelt, which began its voyage from Asia, will be making stops along the U.S. East Coast. The ship has a total TEU allowance (TTA) of 14…

Crowley Swaps US West Coast Tugs

Aug 22, 2017

Crowley Marine Services said it will relocate the tugboat Veteran to the Port of Los Angeles/Long Beach to service all vessels, including large petroleum tank vessels with deep drafts greater than 65 feet calling on Long Beach Berth 121. With a bollard pull rating of over 90 short tons…

Qatar Shipper Milaha Starts Turkey Service amid Crisis

Aug 22, 2017

Qatar Navigation (Milaha), the Doha-based maritime and logistics group, has launched a direct shipping service between Qatar and Turkey amid a regional diplomatic crisis that has cut Doha cut off from three of its closest neighbours. Saudi Arabia…

FTC Fines Global Car Shipping Firms USD 37.8mln

Aug 21, 2017

South Korea's antitrust watchdog Fair Trade Commission (FTC)  has imposed a combined 43 billion won (US$37.8 million) in fines on nine global auto shipping companies for bid rigging and price fixing, reported Yonhap. According to the FTC…

MOL Breached South Korean Antitrust Law

Aug 21, 2017

The Fair Trade Commission of South Korea (KFTC) announced on August 21, 2017 that several companies including MOL have breached South Korean antitrust law with respect to car carrier services. 'MOL and other shipping companies have been…

Diana Reactivates Idle Containership

Aug 21, 2017

Diana Containerships Inc. said plans to reactivate one of its idle Panamax container vessels, the m/v Pamina, a 5,042 TEU container vessel built in 2005.The company also announced that, through a separate wholly-owned subsidiary, it has entered…

Nakilat, Shell Completes First Phase of LNG Carrier Management Transition

Aug 20, 2017

Nakilat Shipping Qatar Limited (NSQL) a wholly owned subsidiary of Nakilat and Shell International Trading and Shipping Company Limited (Shell), have completed the first phase of what will be the world’s largest management transition of LNG carriers…

Bahri Completes Registration Of ASLAF Under Saudi National Flag

Aug 20, 2017

National Shipping Company of Saudi Arabia  Bahri announced that the Ministry of Transport under the supervision of the Public Transport Authority (PTA) has completed the registration of ASLAF, a Very Large Crude Carrier (VLCC) owned and operated by Bahri…

Logistics News

October U.S. Container Imports Flatten

October U.S. Container Imports Flatten

AAPA Proposes Alternative Policies to USTR

AAPA Proposes Alternative Policies to USTR

Brazilian Plants Approved to Export Sorghum, Grains to China

Brazilian Plants Approved to Export Sorghum, Grains to China

Fincantieri inks Pact to Build Cruise Ship for Regent Seven Seas

Fincantieri inks Pact to Build Cruise Ship for Regent Seven Seas

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