BHP tenders for LNG fueled ore carriers In a massive vote of confidence in LNG as a marine fuel, mining giant BHP has released the world's first bulk carrier tender for LNG-fueled transport for up to 27 million tonnes
Damen picks Wärtsilä for second large dredge Damen Shipyards Group has again selected Wärtsilä to provide the main propulsion solutions for a large Marine Aggregate Dredge (MAD). The dredge is being built for the U.K. company Hanson Aggregates, a
B.C. shipyard wins contract for four steel barges Following an open and competitive process, Public Services and Procurement Canada, on behalf of the Canadian Armed Forces, has awarded a contract of C$1,996,439 (about US$15.3 million) to Canadian Maritime Engineering Ltd.,
Cybersecurity and the ferry operator Ferry operators are adopting new technology that leverages advances in digitalization, but that could increase the vessel's cybersecurity vulnerabilities. At the same time, shoreside booking operations that result in online interactions with
These dark paints defeat the heat Although white paint doesn't look clean for long, marine coatings of a darker shade absorb more heat pushing up the ship's heating, ventilation, and air conditioning (HVAC) requirements and fuel costs. Now
MAN in three-way agreement on engine digitalization MAN Energy Solutions has signed a strategic agreement with South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and HSD Engine (the former Doosan Engine). Continuing a long relationship, the three companies now
C-Job to open Houston office C-Job Naval Architects, the largest independent ship design and engineering company in the Netherlands, is aiming to expand its business in the United States by opening a dedicated branch office in Houston
ABS to class up to 14 new MOL gas carriers The memorandum of understanding cover seven VLECs and up to seven LNGCs
Venezuela mimics Iranian sanction-evasion tactics Venezuelan-linked oil vessels are using methods similar to those used by Iranian-linked in an area off Malaysia to disguise the...
Inmarsat targets shipping's data usage spike Inmarsat braces for more satellite orders to expand broadband coverage after Arctic boost
Rising supply of crude and ships seen outpacing crude demand growth Decline in cargoes for export sees supply of tankers often outpace demand in the Middle East Gulf
Singapore's yard merger faces a bumpy road One of the two yard groups involved, Sembmarine, has yet to fully clear its name in a multi-year anti-corruption probe...
Safe Bulkers starts scrubber programme Post-panamax is one of 20 that shipowner has earmarked for fitting
Inpex's LNG project in Indonesia back on track This is seen as one of the first few positive outcomes of President Joko Widodo's recent election win for international...
Cosco Shipping may join digital standardisation group Capt Xu said the state conglomerate 'just needs a bit study' to see how much achievement the organisation can make
Equinor set to drive Asia's first floating offshore wind project in South Korea Equinor had earlier this year signed a Memorandum of Understanding with KNOC to jointly explore the opportunities to develop commercial...
Daily Briefing Capesize gains spread to other segments | UK shipping emissions plan is an era-defining moment | Maritime safety in focus...
Containership hits crane at port of Tanjung Emas The accident occurred reportedly due to problems with the tugs assisting the berthing
IACS chairman to focus on data-driven policy IACS plans to take a larger role in industry matters with a view to provide value added services to owners...
Imports from China decline at LA/Long Beach US imports from China fell 12%, according to the US Census Bureau, the biggest decline since the financial crisis a...
Business as usual at AMP despite turmoil at parent company CLSA Series of defections rock Hong Kong investment bank, but shock waves have not hit shipowner
Ship & Shore sends ancient asphalt tanker to Alang Scrapping of Nigeria's unwanted tanker fleet expected to accelerate ahead of IMO 2020
CLdN Cobelfret behind ro-ro order at Hyundai Mipo Dockyard Belgian shipowner orders newbuildings to replace order cancelled at Croatia's struggling Uljanik Group
BW moves more Dorian shares The BW Group has sold off another chunk of Dorian LPG. This time, the Andreas Sohmen-Pao-led company dumped more than 600,000 shares, bringing its total position in the Connecticut-based LPG carrier owner under 7 million shares to 6.6 million. BW Group takes Dorian LPG selldown to $5.7m with latest share sales Last summer, BW attempted a takeover of Dorian LPG, but was rebuffed by founder John
Parakou Shipping sued over damaged crane barge A Dutch offshore company is looking to seize a Parakou Shipping-owned bulker after one of its crane barges was damaged while unloading cargo. Conquest Offshore filed suit last Friday in Jacksonville, Florida federal court alleging concrete dust kicked up while the 35,200-dwt Pretty Team (built 2013) discharged concrete in Alabama in March caused at least $1.5m in damage to the nearby Conquest MB1
Royal Caribbean heads to court over 'typosquatting' Talk about a bad typo. Royal Caribbean Cruises filed suit in Miami federal court last Thursday, alleging a Florida outfit called Catch All Investments violated trademark law by registering royalcaribbeam.com - then redirecting traffic to that URL to Norwegian Cruise Lines' website. The lawsuit accuses Catch All of "cyberquatting" and "typosquatting." Carnival is 'always going to build new ships
Dilemma for lines with Panama Canal move to reduce draughts Rising freight rates could be undermined as containership operators inject more capacity into the Asia to US East Coast trade
Five seafarers released from Greek aframax Crew heading home to India following Indonesian detention.
VLCC charter marks rare deal between Chinese and Taiwanese state firms A division of China Merchants Energy Shipping looks to have secured long-term business for one of its VLCCs in a deal which has the market pondering if the summer momentum has been maintained. CPC Corp of Twiwan has booked a vessel from CMES company Associated Maritime on a three year contract, brokers say. It comes at time of strong sentiment in the tanker market in the buildup to IMO 2020 an
AP Moller-Maersk buyback passes $600m with latest swoop AP Moller-Maersk has snapped up over $200m worth of its own shares in a further acceleration of a buyback programme. Maersk starts $1.5bn buyback programme AP Moller-Maersk heads into uncharted waters as historic shift in strategy unfolds It means Maersk has now acquired around $630m worth of stock this summer as part of a $1.5bn initiative. Maersk's latest purchase comes amid an upturn in its
Safe Bulkers installs first scrubber, 19 to follow US-listed Safe Bulkers said on Monday it installed its first scrubber and that it is sticking to a plan to do the same on half its fleet. The 89,000-dwt dry bulk carrier Martine (built 2009) became the first Safe Bulkers unit to be equipped with the open loop, U-type, Alfa Laval PureSOx scrubber, the company said in a statement. Installation took place at Cosco Guangzhou shipyard. Safe Bulkers i
Equinor swoops for North Sea supply ships Norwegian major fixes trio from September as rates rise.
Golden Energy wins more work for PSV duo Norwegian owner extends deals with Wintershall and Shell.
VLCC resale prices to pass $100m in up-cycle, says Fearnley Securities Tanker owners are set to see market headwinds turn to tailwinds with the value of steel on the water forecast to spike as the up-cycle unfolds, according to Fearnley Securities. Koch strikes VLCC charter that raises questions over Hunter sale Arne Fredly's Hunter Group poised to pocket highest VLCC resale price in half a decade Analysts Espen Landmark Fjermestad and Peder Nicolai Jarlsby calcul
Shell seeks a barge-based FSRU for Brazilian project Energy major is looking for something small-scale but Golar LNG also has bigger ideas in the same area
TradeWinds survey: IMO 2020 and decarbonisation Have your say on shipping's answers to climate change.
Royal Niestern Sander rebuilding ropax to run on LNG Dutch yard signs deal with Ems for major conversion of Munsterland
Enesel adds to crude tanker drive with suezmax duo at Samsung Heavy Industries Deal rekindles long-standing relationship between Greek shipowner and South Korean yard
Eletson sells oldest LPG carrier trading in Singapore's E3 Pool Indonesia's Soechi Lines said to be buying the 16-year-old Mathraki, to become its youngest unit
GEV to benefit as Meridian eyes FSRU sale Australian owner has stake in company looking to offload UK gas project.
Port of Napier plots $158m IPO New Zealand terminal wants to build a new wharf to berth bigger ships.
Belships subsequent offering raises less than half of target Belships has sold just over one-third of the shares available in its subsequent offering, which followed the private placement in May. Belships private placement falls short of target The Oslo-listed bulker owner had set a target of NOK 11.2m ($1.3m) in the repair offering, but ended up raising around NOK 3.9m ($457,000), according to a filing on Monday. Up to 1,603,128 new shares were offered
Total revamps two CS1-type LNG carriers Total and its shipping partners are carrying out an overhaul of two vessels the French energy major acquired when it bought Engie's downstream LNG assets last year. Total acquires new shipowning company under Engie LNG sales The 154,472-cbm LNG carrier Gaselys (built 2007) arrived at Malaysia Marine and Heavy Engineering in April. Data shows the vessel remains at the repair yard three months aft
Flex LNG shares pop amid talk of floating storage business John Fredriksen's Flex LNG saw its shares race out of the gate in Oslo this morning amid suggestions of potential floating storage business in the market. Flex stock saw its largest climb this year, rising by 6.5% in early trading in Oslo, Bloomberg noted. Fredriksen's Flex LNG lists on New York Stock Exchange Flex LNG to become first Fredriksen firm with in-house management While rates for co
Bigger fleet boosts Nakilat profit Qatar owner benefits from adding two LNG carriers and an FPSO.
UK P&I Club winners point the way to safer shipping Young shipping professionals show they have the solutions to some of shipping's deep-rooted safety problems
Greek boxship destroys crane in Indonesia Soul of Luck believed to have suffered minor damage in Semarang.
Shipowners have invested over $1 trillion in tonnage since 2009, says Clarksons Figures include newbuildings and secondhand purchase over ten-year period, says Clarksons
Equinor to build floating Korean offshore wind farm Norwegian state-owned oil company teams up with local players to build first such project in Asia.
UK says Grace 1 can leave as arrested crew released Iran foreign minister says his country wants to resolve issue and is not seeking to escalate
Port report: Support for blockchain platform Shipping lines and ports operators have committed to help establish the Global Shipping Business Network.
Commentary: Understanding railroads' earnings How to read the Class I railroads' second-quarter earnings reports and what questions to ask.
Bridge work to cut border wait times Laredo Mayor Pete Saenz highlights improvements being made to the World Trade Bridge at the Texas-Mexico border.
Trump won't curb uranium imports The president opted instead to direct the establishment of a working group to examine the U.S. nuclear fuel supply.
Oakland exports up, imports down in June The port is cautious about the outlook for trade as peak season for containerized cargo approaches.
Barry still flooding parts of South The Port of New Orleans has reopened, although the remnants of Hurricane Barry are producing drenching rains.
Hapag-Lloyd, ONE launching Africa service Middle East-India-Africa Express (MIAX) is scheduled to start operations in October.
House bill aims to upgrade CTPAT Louisiana Rep. Clay Higgins introduced legislation to reauthorize and enhance the functionality of the CBP's Customs Trade Partnership Against Terrorism Program.
Gulf of Guinea becomes piracy hotspot During the first half of 2019, the International Maritime Bureau said 62 seafarers were taken hostage by pirates in the Gulf of Guinea.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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