Vessels News

 

Royal IHC Launches Dredger for TNPA

May 10, 2015

The naming and launch ceremony of the 5,500m³ trailing suction hopper dredger (TSHD) ILEMBE took place on Saturday, May 9, 2015 at Royal IHC’s shipyard in Kinderdijk, The Netherlands. The dredger is being built for Transnet National Ports Authority (TNPA)…

Evergreen Launches New Shipping Route in SE Asia

May 10, 2015

Taiwan's Evergreen Marine Corp. is launching a new service soon to Vietnam, Singapore and Malaysia in a bid to tap into the booming economy in the Association of Southeast Asian Nations (ASEAN). Starting today (May 10), two 1,164 twenty…

Nor Lines Launches Cuxhaven RoRo Link

May 10, 2015

The Norwegian shipping company Nor Lines has started a direct weekly RoRo connection between German Port of Cuxhaven and Norway. The first departure of the liquefied natural gas (LNG)-powered 5,000 dwt short sea cargo vessel MS Kvitbjørn was on May 7…

Diana JV with WSM

May 10, 2015

Dry bulk shipping company Diana Shipping and Wilhelmsen Ship Management (WSM) have joined forces in a new 50/50 joint venture named Diana Wilhelmsen Management Limited (DWM). DWM, to be based in Limassol, Cyprus, and will commence operations by the end of June…

ZIM Expands Asia-ECSA Services

May 10, 2015

Israeli container carrier ZIM is expanding its Asia – South America East Coast (SAEC) via the Suez Canal at the end of May.The new service, Asia – East Coast Brazil (AEC), a collaboration with the SSA group, will allow ZIM to offer a second weekly service on this trade…

Low Water Levels on Lake St-Louis

May 09, 2015

Mariners are advised that due to low water levels on Lake St-Louis the speed limit between buoys A30 and A40 is reduced as follows: *  Vessels with a draft greater than 70 dm are limited to 10 knots upbound and 12 knots downbound. * For vessels with a draft of 70 dm or less…

Diana, Wilhelmsen form DWM

May 09, 2015

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, and Wilhelmsen Ship Management (“WSM”) today announced that they have established a new 50/50 joint venture named Diana Wilhelmsen Management Limited (“DWM”)…

Dry Bulk Shipping to Stay Low

May 09, 2015

Goldman Sachs can't see an end to the dry cargo downturn until at least 2020 on a glut of vessels and stalling cargo growth, says a report in Bloomberg. Overcapacity and low fuel prices are bound to keep low dry bulk shipping freight rates for the rest of the decade or even longer…

Daewoo Bags Big Maersk ULCS Order

May 09, 2015

AP Moller-Maersk has returned to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering for its latest series of ultra-large container ships (ULCS), reports The Korea Economic Daily. The total contract to build 11 ultra-large containerships is worth US$1…

Sinking of Five Star Highlights Fishing Vessel Safety

May 08, 2015

The Transportation Safety Board of Canada (TSB)  released its investigation report (M14P0121) into the June 12, 2014, capsizing and sinking of the fishing vessel Five Star in Johnstone Strait, British Columbia. The Five Star was on its way back to Kelsey Bay…

Windstar Debuts All Suite Power Yacht

May 08, 2015

Today at a christening ceremony in Nice, France, Windstar Cruises debuted Star Breeze, the second of the fleet’s three new all suite power yachts. The christening ceremony and pier-side champagne celebration mark the luxury yacht’s introduction to the Windstar fleet…

Iran Releases Seized Cargo Ship

May 08, 2015

Iran released a Marshall-Islands flagged container ship Maersk Tigris and its crew has been released by Iranian authorities after the cargo company that owns it resolved a financial dispute which had been the subject of a court order. “The…

Another Megaship to Join Royal Caribbean Cruise Fleet

May 08, 2015

Royal Caribbean has ordered a fourth ship for its Quantum Class family of ships from Meyer Werft. The ship will be delivered in 2019. With two Quantum-class vessels already delivered and a third under construction, Royal Caribbean Cruises on Thursday announced plans to order a fourth…

Dongfeng Wins Dogfight in Volvo Ocean Race

May 08, 2015

Chinese challengers Dongfeng Race Team, which suffered a broken mast in the previous leg, won a closely-contested sixth leg of the Volvo Ocean Race late on Wednesday. They beat overall race leaders Abu Dhabi Ocean Racing into Newport, Rhode Island…

Viking Wins SMA's Management Contract

May 07, 2015

Viking Supply Ships has been awarded a management contract to operate the SMA ice-breaker fleet for a period of seven years. The contract is a continuation of a current management which commenced in 2000. The contract is done at market terms…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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