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…
In what has been a very difficult year for dry bulk, the values of regional fleets have changed quite a bit over 2016. Despite the down market, the Asian fleet is 7 percent more valuable at the end of the year. Since the Baltic Dry Index (BDI) low of 290 points in February this year…
A brand new liquefied natural gas (LNG)-fueled roll-on-roll-off freight vessel, Searoad Mersey II, has commenced service from its home port Devonport, in northern Tasmania, Australia. Touted by Bass Strait shipping and logistics firm SeaRoad as the “cleanest…
Swedish ferry operator Stena Line has renewed its planned maintenance agreement with MacGregor, part of Cargotec. Stena Line has held MacGregor Onboard Care (MOC) agreements since 2008 and its latest contract takes the number of RoRo vessels covered to 39…
SpeedCast International announced the official release of SpeedMail Business Unlimited, a service bundle offering unlimited business email for the maritime industry. The SpeedMail Business Unlimited solution is based on the SIGMA Net platform using SpeedMail+…
German shipping company Heino Winter announced that it uses the Cloud Fleet Manager developed by the Hamburg-based software company Hanseaticsoft since October this year. As studies of the PricewaterhouseCoopers (PwC) prove, the digitalization…
Within a few weeks of unveiling a new compact tractor tug jointly designed with Robert Allan Limited, Turkish shipbuilder Sanmar has secured an order from a port on the west coast of New Zealand. Port Taranaki has awarded the Sanmar a contract…
Hapag-Lloyd held a naming ceremony for the first of its five new vessels in its new 10,500 TEU class containerships, Valparaíso Express. Valparaíso Express was named by Rozío Gonzaléz – wife of Andrónico Luksic, Chairman of the Board of…
ZIM said it will shuffle its Atlantic network, offering new connections between the U.S., Canada and the Mediterranean, starting April 2017, subject to FMC approval. ZIM Container Service Italy (ZCI) - A new premium string, offering improved service to the Italian and French markets…
United European Car Carriers (UECC), daughter company of Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, signed a contract in 2014 for the construction of two dual fuel LNG Pure Car and Truck Carriers. The first vessel, de ms AUTO ECO…
The heavy cargo roll on/roll off' coaster vessel recently delivered and commissioned by Concordia Group is not the typical RO/RO. Once a containership, the 141-meter-long and 20-meter-wide Rotra Vente was converted into a specifically designed…
Gulfstream Shipbuilding welcomes James Murray, a second generation boat builder and operator/owner, to the Sales Management Team. James is the son of Jim Murray, who originally opened the shipyard 35 years ago as Freeport Shipbuilding. James…
The world’s largest single-deck bulk/log carrier, Olive Bay, arrived Thursday at The Northwest Seaport Alliance’s West Hylebos log terminal in Tacoma. The terminal, operated by Seattle-based Merrill & Ring Forest Products, welcomed Pacific Basin Shipping’s Olive Bay…
At the first day of the International WorkBoat Show in New Orleans, La., Brunswick Commercial & Government Products (BCGP) introduced an 8.5-meter aluminum RHIB. A first of its kind for the Company, the 850 Aluminum Impact RHIB is the introductory…
Today in the containership industry a landmark deal has occurred with the youngest ever containership sent for demolition by Rickmers Marine Trust. The vessel was a seven year old panamax boxship (4250 TEU, 2009 Blt, Built China). She is valued just above scrap at USD 5…
