For three Japanese ocean carriers combining their shipping container business into ONE, the future is bright and it comes in magenta. The future arrives this April. ONE stands for Ocean Network Express, a joint venture of “K” Line, Mitsui O…
DP World Sokhna recently welcomed the largest bulk cargo vessel to ever arrive to the port and enter the Red Sea, said a press release from the company. Known as a capesize vessel, the M/v Seafarer originally came from Malta carrying steel cargo weighing more than 140…
Rolls-Royce is to supply more MTU engines to fast ferry operator Majestic Ferry in Singapore.Designed by Incat Crowther, a total of seven new fast ferries are being built at PT Cahaya shipyard in Batam, Indonesia over the next two years…
South Korean shipowners Heung-A Shipping and Sinokor Merchant Marine have confirmed that they are in talks to merge their container businesses, reports Pulse News. According to various media reports, the South Korean liner companies have…
India's Apeejay Shipping said it has acquired a new Japanese 76,602 MT DWT Gearless Panamax vessel to take its fleet size to nine. The ship has been renamed APJ Kabir Anand. The expansion schedule of Apeejay Shipping has seen the company…
Following Australia's move to ban the containership MSC Kia Ora for unpaid crew wages, MSC Mediterranean Shipping Company said in a statement that it does not oversee the maintenance, or the workforce, of the chartered banned vessel, Kia Ora…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services, Geneva, for one of its Capesize dry bulk vessels…
The International Maritime Organization (IMO) has introduced a mandatory Data Collection System (DCS) for international shipping, which requires ships above 5,000 gross tonnage to start collecting and reporting fuel consumption and CO2 data to an IMO database from 2019…
A customized Damen Cutter Suction Dredger, type CSD500, has been named by her owner Basra Gateway terminal at the Damen Dredging yard in the Netherlands. Immediately after the ceremony, the dredger was made ready for transport and towed to Rotterdam…
South Korea’s leading sea carrier Hyundai Merchant Marine Co. (HMM) has signed a financial contract with Korea Shipping and Maritime Transportation to build five 300,000-ton very large crude carriers (VLCCs), said a report in Business Korea…
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has agreed to sell the Nave Galactic, a 2009-built VLCC of 297,168 dwt to Navios Maritime Midstream Partners for $44.5 million. Navios…
A new class of post-Panamax (PPX) vessel made its first visit to Port Canaveral, marking the second time this year a vehicle carrier megaship of this size has called on the port. Launched in 2017, the MV Donington PPX roll-on/roll-off (Ro/Ro)…
In a bid to harmonize port state control inspection procedures that will lead to the elimination of substandard shipping in the West and Central Africa sub-region, the Abuja Memorandum of Understanding (MoU) will host its 3rd Ministerial Conference…
Shandong-based Qingdao Beihai Shipbuilding Heavy Industry Co, a subsidiary of Wuchang Shipbuilding Industry Group Co, delivered a very large ore carrier (VLOC) to Brazilian miner Vale SA, said Chinese state media. China Daily said that the ship…
Grindrod, the South Africa-listed freight logistics and shipping services firm, said on Friday it will list its shipping business offshore, with a secondary listing on the Johannesburg bourse.Grindrod, which also has a financial services business…
