South Korea’s largest shipping line Hyundai Merchant Marine (HMM) announced it will order 20 new containerships, including eight 14,000 TEU vessels and 12 ships above 20,000 TEU.The announcement comes less than a week after the South Korean…
A surge in armed attacks against ships around West Africa is pushing up global levels of piracy and armed robbery at sea, warns the International Chamber of Commerce's International Maritime Bureau (IMB). IMB's Piracy Reporting Center recorded 66 incidents in the first quarter of 2018…
A massive bulk carrier has crashed into an historic mansion on the shores of Istanbul's Bosphorus Strait after its steering equipment became locked, Al Jazeera reported quoting Turkish state media. The Maltese-flagged Vitaspirit, a 225-meter…
APL has announced the launch of the China Bangkok Express (CBX) service, a new shortsea service that directly links South China and Thailand each week. Characterised by competitive transit times, the CBX service promises the industry’s fastest connection from Nansha to Bangkok in four days…
Eco Marine Power (EMP) announce that it will exhibit for the first time a working prototype of its EnergySail technology and the automated control system at Sea Japan in Tokyo. This laboratory prototype will be exhibited along with several…
Hiroshima head-quartered, Kanban Kisen Kaifu Co., Ltd. will strengthen its ship management business in Europe. The Norwegian branch of the overseas subsidiary Union Marine Management Services Pte. Ltd., will start business from 19th and will start ship management work from April 9th…
GTT announces it has received at the end of March, an order from the South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) for the design of the LNG tanks of two LNG carriers (LNGC). Each offering a capacity of 173,400m3…
Netherlands- based Van Straalen De Vries (VSDV) Transport Group began work of new building on the Port of Amsterdam’s Beiraweg. The ceremony was attended by VSDV Group family members, shareholders and employees. The company’s directors…
KOTUG Australia and Teekay Shipping Australia Pty Ltd. have reached a deal to reshape KT Maritime Services Australia Pty Ltd. (KTM) from a 50/50 joint venture to a full subsidiary of the KOTUG group. KTM was incorporated in 2012 to serve the Australian towage market…
A new icebreaking research vessel built for the Norwegian governmental body for oceanographic research and fishing, was delivered this week in Norway. After the building process was completed at Fincantieri’s Integrated shipyard of Riva Trigoso and Muggiano in Italy…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Newcastlemax dry bulk vessels, the m/v Los Angeles. The global…
Oslo based ship owner MPC Container Ships ASA said it has reached a deal to acquire SITC Makassar, a 2,496 TEU vessel built in 2006 in Germany. The vessel, to be renamed AS Patricia, will be acquired for $9.9 million, including initial working capital…
Euroseas Ltd. (NASDAQ: ESEA) an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today the following chartering arrangements for two of its container carriers: a) EM Athens…
MacGregor, part of Cargotec, is upgrading and optimising the container stowage systems on board seven Hapag-Lloyd C-class (Samsung 9,300 TEU series) container vessels. A contract for four vessels was signed in December 2017 and was shortly followed by a further three in January 2018…
Maersk Line India announced the introduction of Export and Import service offerings at Kakinada port in Andhra Pradesh. This End to End service (Store Door) will enable customers in the region to reach global touch points. With this first time offering in Kakinada…
