Vessels News

 

Hapag-Lloyd Celebrates 125 Years in Montreal

May 16, 2017

125 years ago, the steamship “Cremon” set sail from Europe to Canada for the first time under the Hapag flag. Hapag-Lloyd will be celebrating this anniversary in Montreal today with the shipping company’s customers and other partners. “As an important connection between Atlantic and Pacific…

KotugSmit, MOL Team up for Smart Operations

May 16, 2017

Mitsui O.S.K. Lines, Ltd. (container, tanker, dry-bulk and car carrier divisions) and KOTUG SMIT TOWAGE (KotugSmit) signed long term towage agreements, effective early 2017.The two have agreed upon a long term towage contract for the ports of Rotterdam…

Diana Adds Post-Panamax Bulker, Bags Contracts

May 16, 2017

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Phaidra (formerly “Soya May”), a 2013 built Post-Panamax dry bulk vessel of 87,146 dwt that the Company entered into an agreement to purchase in April 2017…

GOGL Takes Two More Vessels from Quintana

May 15, 2017

Golden Ocean Group (GOGL)  said it has taken delivery of additional two vessels, Q Myrtalia and Q Shea, from Quintana Shipping  in exchange for 1.95 million consideration shares. A statement from the company said: 'Reference is made to the stock exchange notice dated March 14…

Dryships Adds Second Aframax Tanker

May 15, 2017

DryShips Inc, a diversified owner of ocean going cargo vessels, announced that it has taken delivery of the previously announced 115,666 deadweight tons Aframax tanker built in 2012, which will be employed in the spot market. 'Since the commencement of our acquisition program…

Peace Boat to Showcase Ecoship at Nor-Shipping

May 15, 2017

Peace Boat will showcase its plans for Ecoship, a unique concept cruise vessel, at Nor-Shipping 2017. The Japanese-based organization, which works to promote peace, human rights, sustainable development and respect for the environment, will…

Cochin Shipyard Builds 4 Ships for Andaman & Nicobar

May 12, 2017

Government of India-controlled Cochin Shipyard Ltd is constructing four passenger-cum – cargo vessels for Andaman & Nicobar Administration under the ‘Make in India’ initiative of Government of India.  As per orders placed by the A&N Administration…

Riverboat American Duchess to Launch in August

May 12, 2017

The American Queen Steamboat Company, owner and operator of the American Queen and American Empress, will launch service on its new American Duchess when it sets sail from New Orleans on Aug. 14, 2017, following its christening a day earlier…

DP World London Now Handles Far East Calls

May 12, 2017

MOL Triumph, the first of the world’s largest and newest vessels to call in the UK, arrives in Southampton on THE Alliance's FE2 service as new third deep-water berth opened at London Gateway in April, ahead of first regular Asia-Europe service starting…

Port of LA Sets April Cargo Record

May 11, 2017

April cargo volumes surged 8.9 percent at the Port of Los Angeles compared to the same month last year. It was the best April in the port’s 110-year history. For the first four months of 2017, cargo has increased 10 percent compared to 2016…

V.Group Announces New Leadership

May 11, 2017

Following the appointment of Chairman, John Pattullo and non-executive director Jesper Kjaedegaard on 9 March, V.Group has announced its decision to appoint a new CEO to start in Q4 2017.  This decision was taken jointly with Clive Richardson who has successfully led the company since 2009…

New Ship Building Orders for Korean Yards

May 11, 2017

South Korean shipyards emerged on top for new orders in April, Business Korea reported quoting industry data. The global total amount of new shipbuilding orders reached 750,000 CGT last month and 340,000 CGT and 260,000 CGT went to South Korean and Chinese shipbuilders…

DryShips Acquires Suezmax Newbuilding

May 11, 2017

Greece-based DryShips, a diversified owner of ocean going cargo vessels,  entered into an agreement with an entity affiliated with the Company’s Chairman and CEO, George Economou, to acquire one 158,000 deadweight tons Suezmax tanker currently under construction in China…

Navios Acquires Capesize Vessel

May 09, 2017

Navios Maritime Partners, an international owner and operator of dry bulk and container vessels, announced on May 9 that it has agreed to acquire one 2011 South Korean-built Capesize vessel of 179,016 dwt for a purchase price of $31.05 million…

Major Upgrade to ISF Watchkeeper

May 09, 2017

The International Chamber of Shipping (ICS) and IT Energy have launched the latest release of the ISF Watchkeeper software – ISF Watchkeeper 3.5 – developed for maintaining records of individual seafarers’ work hour records, as required by IMO and ILO regulations…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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