South Korean shipping firm Polaris Shipping Co has placed an order with Hyundai Heavy Industries (HHI) to build three very large iron ore carriers, Yonhap reported. Polaris said the 325,000-ton iron ore carriers will replace some of its aged ships…
Diana Shipping, through a separate wholly-owned subsidiary, has agreed to extend and increase the time charter rate of the present time charter contract with Singapore-based Rio Tinto Shipping (Asia) for one of its Capesize dry bulk vessels…
CMA CGM Group said it has reduced its CO2 emissions per container transported by 4 percent in 2016. In 2016, the Group has succeeded in reducing its carbon emissions in line with its 2025 targets. The CMA CGM Group intends to reduce its…
Shipments of limestone on the Great Lakes totaled 3.6 million tons in May, a decrease of 5.4 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. May’s loadings were, however, slightly above the month’s five-year average…
Larger vessels and additional container services calling Georgia's ports coupled with a positive economic forecast ushered in an all-time record month for container volume. The Georgia Ports Authority handled 350,104 twenty-foot equivalent units (TEUs) in May…
Inchcape Shipping Services (ISS) is advising of a number of changes to port operations following the announcement that The United Arab Emirates, Saudi Arabia, Egypt and Bahrain have severed diplomatic ties with Qatar.Saudis Port Authority…
The Switzerland-based MSC Cruises welcomed its new giant, MSC Meraviglia, first in a new class of ships. MSC Cruises officially christened its newest cruise ship, the MSC Meraviglia, in a ceremony led by the ship’s godmother, Sophia Loren…
Incat Crowther said that construction is underway for an innovative tour vessel to operate in Tasmania’s south west. The vessel will be operated by Gordon River Cruises and will offer interpretive tours into the heart of the UNESCO Tasmanian Wilderness World Heritage Area…
The world`s first icebreaking liquefied natural gas (LNG) carrier was named Christophe de Margerie in St. Petersburg, Russia. Russia’s President Vladimir Putin, South Korea’s Ambassador to Russia Park Dae-bong and Daewoo Shipbuilding & Marine Engineering Co…
Matson said it it will increase the frequency of its South Pacific Express (SPX) service to Samoa and American Samoa from 28 days to 14 days. The service provides transits from Hawai'i and the U.S. West Coast to the Samoas: 12 days from Long Beach and 5…
Inmarsat has reached an agreement with Wallem Group, one of the largest and ship management companies in the industry, establishing the phase-in of Fleet Xpress as its favored connectivity choice for ships at sea. Already contracted for over 10…
Rolls-Royce has launched the next generation of its Energy Management (EM) System. The system will allow customers to reduce energy usage, fuel consumption and operating costs whilst supporting environmental compliance and providing performance…
Dutch banks ABN AMRO, ING Bank and NIBC, together with the Scandinavian DNB, announced that they are all introducing Responsible Ship Recycling Standards (RSRS) for their ship financing. The banks took the opportunity of making this announcement…
DNV GL revealed that more than 1,400 vessels have already signed up to its innovative fleet performance management solution ECO Insight. On the market for just over two years, ECO Insight has rapidly become the leading maritime performance management solution…
exactEarth Ltd , provider of Satellite AIS data services announces the launch of exactView RT powered by Harris (exactView RT) – the world’s first global, persistent real-time Satellite AIS service. This capability is expected to enable a wide…
