Tanker and dry bulk vessel newbuild contracts have been signed at an increasing pace so far in 2017, with newbuild activity for the first half of 2017 surpassing the same period last year by 20 percent. According to BIMCO, 5.9 million DWT was contracted in May 2017 and 3…
Britain's most advanced and biggest warship, 65,000-tonne aircraft carrier HMS Queen Elizabeth, set out on its maiden voyage on Monday from the Rosyth dockyard in eastern Scotland. The ship, which measures 280 metres and can move 500 miles a day…
Korea Line Corporation (KLC) has secured a KRW 1.27 trillion (USD 1.1 billion) contract to transport liquefied natural gas (LNG) for its compatriot Korea Gas Corporation (KOGAS). Yonhap reported that under the deal with Korea Gas Corp. (KOGAS)…
The newly built 11,000 TEU vessel Cape Sounio owned by Costamare has been deployed on Zim’s Asia South America East Coast (ASE), the Israeli container shipping company said. The vessel embarked on its maiden voyage on from Pusan, South Korea…
A message from Frank Coles, CEO of Transas on the International Day of the Seafarer.On this day of recognition, I would like to celebrate the women and men who commit their careers and their lives to being at sea for extended periods of time…
The Madrid Maersk, the largest container carrier ever to call at the port of Antwerp, moored in the Deurganck dock on 9 June. This record-breaking ship with a capacity of 20,568 TEU unloaded 3,000 containers and loaded another 4,000 in the port of Antwerp in just 48 hours…
Djibouti opened a $64 million port on Thursday, the third of four ports designed to boost the tiny Horn of Africa nation's position as a trading hub, its ports authority said. Djibouti Ports and Free Zones Authority (DFZA) said in a statement…
The transportation of pharmaceutical products in reefer equipment is subject to the particularly strict guidelines of the Good Distribution Practice (GDP) scheme. Hamburg Süd will be meeting the requirements with regard to calibration processes…
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines Incorporated, for one of its Panamax dry bulk vessels, the m/v Protefs. The gross charter rate is $7…
The U.S. maritime industry publicly recognized the merchant mariners responsible for safe ship operations at the Annual Safety Awards Luncheon held on June 7, 2017. In all, 211 people, representing 53 companies and their subsidiaries attended the annual industry-sponsored event where 1…
The JSC Latvian Shipping Company subsidiary LSC Shipmanagement (LSCSM) supplemented the fleet under its full technical management with a newbuilding “Elandra Falcon”, which is the 25th tanker managed by LSCSM. The new tanker is intended for transportation of oil products…
Bodies of seven U.S. sailors recovered after the U.S. destroyer collided with with Philippine-flagged vessel CX Crystal near south of Tokyo Bay in Japan. The bodies of missing sailors were found in flooded compartments of the USS Fitzgerald…
Hapag-Lloyd held a naming ceremony in Hamburg for the Guayaquil Express, the fourth of five newbuildings in its 10,500 TEU class. The patron is Christine Kühne, wife of Klaus-Michael Kühne, majority shareholder and Honorary Chairman of Kühne + Nagel International AG…
Japan’s port of Matsuyama welcomed NYK-operated M/V Nord Neptune, the first panamax coal carrier to visit the port, on June 10, 2017.The Ehime prefectural government and the Shikoku Regional Development Bureau of the Ministry of Land, Infrastructure…
Singapore's Offshore support vessel (OSV)-focused Pacific Radiance said that it has won US$45.3 million of new contracts including options, which will add to its operating cash flow. Under these contracts, ten of the Group’s offshore support vessels…
