ShipServ, the leading marine and offshore marketplace with an expected annual trade of $3bn in 2015, has cemented its position in Asia with the opening of a new office in Singapore.The office will be managed by ShipServ’s VP of Sales Sharon Gill and will be open for business from July 1st…
Global Ship Lease, Inc. has agreed to extend the time charter for the Ville d'Orion, a 1997-built, 4,113 TEU vessel currently on charter with Sea Consortium Pte Limited, doing business as X-Press Feeders. The extension is to between November 26…
As the demand for mega vessels has increased, Hyundai Heavy Industries Co. expects mega- sized container ships to lead global orders until early next year as shipping companies seek ways to cut costs, reports Bloomberg. Hyundai Heavy is the world’s biggest shipbuilder…
Most the major Greek-controlled and listed carriers are registered in Greece, and they all have their liquidity placed in banks abroad. Morgan Stanley analyst Fotis Giannakoulis noted that 'nearly 20 percent of the global fleet is controlled by Greek owners and is managed out of Athens…
Britons faced chaos in Calais last night after striking French sailors blocked the port for the second time in a week. Ferry services between Dover and Calais were cancelled again on Tuesday as MyFerryLink workers blockaded the French port…
The first international Hybrid Marine Power & Propulsion Conference will be held at the RNLI Lifeboat College, Poole UK from October 6-8, 2015. Shock Mitigation will bring together an international group of experts, armed with the latest…
Dalian Shipbuilding Industry Corporation (DSIC) has announced an order win for two 319,000 dwt VLCCs and five 72,000 dwt product tankers from Cosco Dalian, the tanker shipping arm of China Cosco Group. The financial details of contract were not disclosed…
Abu Dhabi Ocean Racing won the Volvo Ocean Race (VOR), despite pulling into the port of Gothenburg, Sweden, in fifth place on Monday. The Emirates team, skippered by Walker, triumphed in the nine-month triennial race after finishing fifth in the ninth leg from Lorient to Gothenburg…
The yacht Serenity, skippered by Fridtjov Bergmann, proudly flies the Bergen Shetland Blue Ribbon as first to finish this year’s race across the North Sea from Norway.He later received Lerwick Port Authority's trophy for first yacht over the line…
Emergency crews recovered on Friday the bodies of nine people from the wreckage of a sightseeing plane that remains teetering on a steep rock face after crashing in Alaska, a rescue official said.Eight passengers and the pilot were killed when the aircraft…
United Arab Shipping Company's (UASC) newest vessel, the 18,800 teu Barzan, has made its maiden call at the Port of Felixstowe, the Port of Britain.The biggest container ship in the UASC fleet, the mega-ship arrived at the UK's largest container port from Port Kelang in Malaysia…
Viking Ocean Cruises has announced its second ship—the 930-passenger Viking Sea —was floated out from Fincantieri’s Ancona shipyard, marking a major construction milestone and the first time that the new ship touches water. Viking marked…
China Shipping Group has launched container shipping services in Moldova, becoming thus the second foreign companies to have the operation in the country's only port of Giurgiulesti. The hub is vital for Moldova as its economy suffers as a result of the Russian embargo on Moldovan goods…
“Viking Sea”, the second of three ships which Fincantieri is currently building for the company Viking Ocean Cruises, was launched today at Fincantieri’s shipyard in Ancona. Interior fittings will now begin, leading the ship to its delivery scheduled in spring 2016…
Finnish natural gas importer Gasum and Dutch gas tanker ship-owner Anthony Veder have signed an agreement for a long term time charter of a new ICE Class 1A Super LNG carrier. The companies have agreed on a long term timecharter for a state of the art 18…