Belgium-headquartered manager of specialized floating assets Exmar said that China Export Credit Insurance Corporation (Sinosure) approved the release of $40 million from the debt service reserve account under the TANGO FLNG loan facility.The…
Germany's largest port, the Port of Hamburg not expecting reduction in container throughput caused by liner service changes announced by Ocean Alliance and Maersk.From April, the Ocean Alliance NEU 5 service handled by EUROGATE Container Terminal Hamburg – CTH is being transferred to Antwerp…
After nine months of dredging, Jan De Nul Group has reached an important first milestone by completing the deepening of the 95 km long access channel to the port in record time.The Municipality of Guayaquil (Ecuador) officially inaugurated its newly deepened maritime access channel last weekend…
The world’s largest LNG bunker vessel ‘Kairos’, operated by Nauticor, has supplied DEME’s next generation offshore installation vessel Orion, this first such ship-to-ship bunker transfer at the Port of Rostock.Orion is currently at the Liebherr construction yard in the Port of Rostock…
Japanese shipbuilding major Tsuneishi Shipbuilding delivered the 500th newbuilding in long running bulker range the Tsuneishi Economical Standard Ship (TESS).The TESS64 Aeroline bulker Sarita was delivered to Ugland Shipping by Tsuneshi Heavy…
2019 was a relatively safe year for shipping in the port of Rotterdam. Over the past year, the number of sea-going vessels arriving was about the same as in 2018: 29,491 compared to 29,476 last year.According to the port authority, the number…
South Korean logistics major Hyundai Merchant Marine (HMM) will introduce the largest container vessels of the world in April. These mega-ships will be deployed on the company’s Asia-Europe services.According to BusinessKorea HMM will put into operation a total of 12 24…
South Korea shipbuilder Samsung Heavy Industries (SHI) may receive an order from Russia’s largest independent gas producer Novatek for 10 additional ice-breaking LNG carriers worth US$3Bn.A report by Business Korea said Novatek has asked the…
Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 million…
Finnlines signed an order for two RoPax vessels with China Merchants Jinling Shipyard (Weihai), previously known as AVIC Weihai.In 2018, Finnlines ordered three hybrid StoRo ultra large green vessels at Jinling Shipyard, which is also now part of China Merchants Group…
The Hamburg Port Authority (HPA) has chosen SCHOTTEL for two more fire-fighting vessels. Each of the fireboats features two rudderpropellers type SRP 150 L FP (380 kW each) with a propeller diameter of 1.10 m and a transverse thruster type STT 60 FP (100 kW)…
South Korean shipbuilder Hyundai Mipo Dockyard (HMD), a unit of Hyundai Heavy Industries (HHI), has confirmed the KRW 110 billion ($100m) newbuilding order for four units of 1,800 TEU container carriers from Taiwanese shipping line Evergreen Marine Corporation…
South Korean shipbuilder Hyundai Heavy Industries (HHI) Group, which includes the world's largest shipyard, aims for a revenue of USD 15.9 billion in 2020.Yonhap News Agency said the combined target of Hyundai Heavy Industries Co., Hyundai Samho Heavy Industries Co…
Italian cruise line Costa Cruises said that Costa Smeralda is the first ship in the Costa fleet to be fueled by liquefied natural gas (LNG). 'This is a step change for the cruise industry as a whole, guaranteeing a substantially reduced environmental impact…
A foreign cargo ship ran aground in Istanbul's Bosphorus strait on Friday, requiring a rescue operation and prompting authorities to temporarily close the picturesque and crowded waterway running through Turkey's largest city.There were no injuries or casualties…
