Bigger Ships on the Horizon for Fujairah

CEO of Fujairah Terminals

CEO of Fujairah Terminals updates on the progress with expansion plans at the port.

Teekay Narrows Loss amid Stronger LNG, Crude Markets


Teekay Corporation ended 2018 with a net loss of USD 57.7 million, compared to USD 529.1 million reported a year earlier.

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CSA 2020: Scrubbers Are Safe for the Ocean Environment


CSA 2020 presents results of a three-year study of the composition and quality of scrubber washwater.

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Navios Holdings Sells Bulker, Widens Loss

Navios Maritime Holdings bulker

The 50,316 dwt bulker was sold to an unnamed buyer in February this year.

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HMM CEO to Step Down Next Month


HMM president and CEO to resign from his position next month.

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ADNOC to Form LPG JV with Wanhua Petrochemical

Signing ceremony

ADNOC Logistics & Services eyes JV with China’s Wanhua Petrochemical to own and operate LPG tankers.

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In Depth>

Maersk Forecasts Higher Profits in 2019

Søren Skou, CEO of A.P. Moller - Maersk

Maersk: Earnings increased despite a challenging start to 2018, however, profitability still needs to improve.

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Protecting Salish Sea Is a Shared Responsibility


Canadian, US governments urged to respect the binational collaboration aimed at protecting the Salish Sea.  

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Megamaxes Continue to Be Favored by Ocean Carriers


Despite overcapacity woes, ocean carriers show no signs of ditching megamax containerships.

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Port of Virginia Wraps Up Stack-Yard Works at VIG

Virginia International Gateway (VIG)

Virginia's VIG completed another step in its expansion project with the launch of container stack No. 1.

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Maersk Launches Demerger of Maersk Drilling


Maersk has initiated the demerger and separate listing of Maersk Drilling Holding.

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Tilbury2 Port Construction Project Gets Go Ahead


Forth Ports Group receives planning consent for a new port on the River Thames.

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MAIB: Ferry Hit Pier, Grounded due to Loss of Control

Wikimedia Commons/Towel401 under public domain license

MAIB: Ferry Pride of Kent struck a jetty and grounded in late 2017 while departing Calais amid loss of control.

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Dutch Majors to Jointly Study Methanol as Marine Fuel

Green Maritime Methanol - Methanol as marine fuel

Dutch shipowners, shipyards, manufacturers and ports to jointly study methanol as a marine fuel.

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Samsung Heavy Wins Deal for LNG Carrier Quartet

Samsung Heavy is to build four LNG carriers under a USD 774.9 million deal.

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The mindset of sustainability and efficiency is the key to unlocking successful business…

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LNG2019 features the largest number and highest level of LNG industry leaders.

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Singapore Maritime Week (SMW) 2019

very year, SMW gathers the international maritime community for a week of flagship conferences…

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Maritime Organizations Propose Repeal of Consortia BER


The EC should repeal the BER unless a revised regulatory framework clarifying the current regulation is adopted.

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Grieg Star Cargo Ship Begins EU SRR Compliant Recycling

Grieg Star; Star Gran

The new EU regulation on Ship Recycling came into force on December 31, 2018.

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Vancouver Port Expands Program for Quieter Ships


Vancouver Fraser Port Authority expands its EcoAction Program to encourage quieter ships.

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Safe Bulkers on Track with Scrubber Installation Plans

Safe Bulkers

The company plans to install scrubbers in almost half of its fleet.

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Cammell Laird Splashes New RoRo Ship for Red Funnel

Red Kestrel

The new USD 13.03 million ferry will enter into service in May 2019.

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Scrubber Proposal from European Commission Raises Concerns


CSA 2020 expressed strong concerns about a scrubbers proposal submitted by the European Commission.

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Boxship Stadt Dresden Suffers Main Engine Issues in Venice

Containership Stadt Dresden

The containership Stadt Dresden experienced main engine issues while berthing in Venice, Hapag-Lloyd informed.

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Nordic American Tankers Shrinks Quarterly Loss


NAT wrapped up the fourth quarter of this year with a net loss of USD 10.5 million.

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Fifteen Injured in Ship Collision in the Baltic Sea


15 people injured in a collision between a general cargo ship and a wind farm support vessel off Sassnitz.

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Euronav Disposes of Its Only LR1 Tanker


Euronav NV sells Genmar Compatriot, a 2004-built LR1 tanker.

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d’Amico Joint Venture Sells MR Product Tanker


d’Amico International Shipping has, through its JV, sold a 2009-built MR product tanker for USD 16.4 million.

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DP World Expands with Purchase of UK's P&O Ferries

DP World acquires P&O Ferries

DP World acquired the pan-European logistics company P&O Ferries for a price of GBP 322 million (USD 421 million).

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