Chinese yard launches first of two new rail ferries for U.S. operator China's CSSC Huangpu Wenchong Shipbuilding Company has launched the first of two new rail ferries for Jacksonville, Fla., headquartered CG Railway (CGR). The ferries, the first of which is set to start
Philadelphia Ship Repair gets $16.2 million MSC award Philadelphia Ship Repair LLC, Philadelphia, Pa., has been awarded a $16,243,619 firm-fixed-price contract (N32205-21-C-4065) for a 46-calendar-day shipyard availability for the regular overhaul and dry docking for the dry cargo, ammunition ship
First U.S.-built Chartwell 24 CTV goes to work The offshore wind crew transfer vessel (CTV) Atlantic Endeavor, owned and operated by Quonset Point, R.I., based Atlantic Wind Transfers (AWT) has recently been delivered to support Dominion Energy's Coastal Virginia Offshore
Thai GDMA exec extradited as "Fat Leonard" probe continues Pornpun Settaphakorn, a former executive of foreign defense contractor Glenn Defense Marine Asia (GDMA) who oversaw the company's Thailand office, appeared in federal court in San Diego, March 8, following her extradition
VIDEO: Vard delivers second Coral Expeditions ship Norwegian headquartered Fincantieri subsidiary Vard reports that its Vung Tau shipyard in Vietnam has delivered Coral Geographer, the second of two Vard 6 01 design expedition cruise vessels ordered by Australia's Coral
Shell to charter in ten LNG-fueled VLCC newbuilds Shell today signed agreements to charter 10 new crude tankers powered by dual-fuel liquefied natural gas (LNG) engines. Four of the very large crude carriers (VLCCs) have been chartered from Switzerland based
$5 billion "moon shot" proposal for shipping decarbonization Governments controlling a major share of the world merchant fleet yesterday submitted a "moon shot" proposal to to the United Nations International Maritime Organization (IMO), calling for the establishment of a $5
Broussard gears up for seawall work with Sennebogen 875 R-HD Abbeville, La., based Broussard Brothers LLC is one of the leading marine and land construction contractors on the U.S. Gulf Coast. As well as marine towing, dock and crane services, the family-owned
Weekly Briefing: Is the box party ending? | Tanker bulls take the long view | Capes rebound There are signs that container freight rates are peaking not because of inherent demand, but due to supply chain congestion...
From the News Desk: Contained fury Lawmakers have called for closer scrutiny of container carriers as the hue and cry over high freight rates and supply...
Piraeus clings to southern Europe container crown In the past year, Greek port remained the largest for container throughput in the region, a title it first claimed...
New Opec forecasts to weigh on Middle East Gulf exports Little room for Opec exporters to lift cargoes, keep market balanced and retain higher crude prices which may delay recovery...
Castor eyes further fleet growth after kamsarmax deal Nasdaq-listed owner has stepped up the pace in 2021, with seven secondhand acquisitions in little more than two months
UK ports split on delay to post-Brexit import checks The UK has delayed post-Brexit checks on some imports from the EU by six months to give businesses more time...
Marshall Islands demands $100 tax on shipping emissions The Marshall Islands and Solomon Islands have made a landmark proposal to the International Maritime Organization to charge by 2025...
D'Amico hopeful of product tanker uplift The company, which posted a profit in 2020 versus a loss the year earlier, is betting on a recovery from...
Shipping's focus should be on competencies, not experience, says V.Group A V.Group briefing digs into shipping's reluctance to move away from requiring industry experience and finds the future lies with...
Shell signs charter agreements for 10 new LNG-fuelled VLCCs The first of the new tankers will be delivered from the DSME yard in South Korea in 2022, bringing the...
World boxship fleet update: An orderly orderbook Uncertainty about future fuel choices and a lack of yard slots means there will be no rush to newbuildings as...
Asian buyers extend reach for LNG purchases Poten & Partners flags a trend among Asian buyers to purchase cargoes with longer shipping tonne miles
Daily Briefing Free to read: Casualty reporting falling short of targets | Maritime Risk Briefing: Why subterfuge shipping requires greater industry scrutiny...
Keep quiet and carry on: Seafarers speak out on work hours The current generation of seafarers have been told to accept long hours and tough conditions. Unlike previous generations, they are...
Congress says carriers are undermining US export trade The lawmakers raised 'mounting concern' about reports that some vessel-operating common carriers are declining to ship US agricultural commodity exports...
US to sanction Isis unit linked to LNG project attack in Africa The US State Department will sanction a group known as the Islamic State of Iraq and Syria-Mozambique and its leader, Abu...
Qatar Petroleum joins project to develop new LNG carrier Qatar's national oil company has joined a shipbuilding project that will help it to enjoy potential cost savings. LNT Marine's...
Apollo Management confirms selloff of 4m Genco Shipping shares Foundational private equity backer is down to fewer than 400,000 units, or 1% of the stock
Chemical tanker boarded in Gulf of Guinea as crew rushes to citadel
Chemical tanker reportedly boarded in Gulf of Guinea
Explosion reported on Iranian boxship near Israel Unconfirmed reports surfaced on social media
Scorpio Tankers carries first jet fuel cargo 'in many months' Robert Bugbee sees market turning for LR2s in last few days, with smaller tonnage next
DNB's Tsakonas: 'Words are cheap' in decarbonising shipping Companies across shipping industry - including yards and charterers - are urged to 'put their money where their mouth is'
Shipowners should plan for, not plot against, inevitable EU carbon trading scheme Real issues remain to be resolved over European Commission's plans to tackle climate change, but much of the criticism is just foot-dragging
Epic Gas and Lauritzen Kosan finalise merger A name change to BW Epic Kosan is on the way as fleet of 76 small LPG carriers comes together
Has DPGC made an offer for SCI that the government cannot refuse? Indian conglomerate says its 'aggressive' bid for state shipowner will be hard to turn down
Rise in cargoes lifts struggling VLGC numbers off the floor Baltic spot index boosted by 25% with help from buying interest in Asia
Eastern Pacific sells pair of 13-year-old aframaxes Tankers have reportedly gone to undisclosed Norwegian buyer
d'Amico International Shipping bucks trend with fourth-quarter profit Listed, more spot-oriented rivals dipped into the red between October and December
Decarbonisation is the new frontier for ship managers Managers are looking to partner owners in finding alternative fuels and propulsion systems to operate greener ships
Work could start on world's first ship tunnel next year Norwegian project moves ahead as government gives green light for $334m construction
RightShip reveals 'significant expansion' as it doubles vetting items Ship-vetting agency adds new welfare, human rights, flag and classification criteria
Shell goes big with charter deals for 10 new LNG-fuelled VLCCs Advantage Tankers, AET and International Seaways step up to build vessels at DSME against seven-year deals
Laskaridis reshuffle leaves Panos branch of family in charge of shipping Laskaridis family delineates its extensive onshore and offshore assets to prepare handover to next generation
Stena Line mounts multipronged effort to bring more women into its management ranks Ferry owner hopes to have men and women in equal numbers someday
First salvos filed in battle between management and activist over Tidewater board Bob Robotti has put up three candidates for the offshore player's board, while Tidewater accuses him of conflicts of interest
Maersk linked to $1bn sale of its reefer container unit Danish giant has not denied a report it is exploring disposal of Maersk Container Industry
Biden bounce-back: Iranian tanker shipments to China rise amid change in Washington Shipowners in sanctioned operations enjoy buoyant trade as others suffer from weak rates
Has DPGC made an offer for SCI that the state can't refuse? Indian conglomerate says its 'aggressive' bid for state shipowner will be hard to turn down
Has DPGC made an offer for SCI that the government can't refuse? Indian conglomerate says its 'aggressive' bid for state shipowner will be hard to turn down
Bimco proposes alternative carbon efficiency rating to help older ships Organisation working with naval architects to produce accurate reference speed where sea trial data has been lost
American Club makes senior staff appointments in Piraeus Marine insurer takes on Hill Dickinson partner and promotes another employee internally
Apollo Management emerges behind huge sale of Genco Shipping shares Private equity firm that employs Genco chairman sells most of its stake
Apollo Management blasts off Genco Shipping platform with huge sale Private equity firm that employs Genco chairman sells most of its stake
Equinor ends KNOT Offshore charter as tanker owner reports engine damage But US-listed shuttle tanker owner says it has secured new three-year fixed time charter contracts for the vessels
AlixPartners study: Carriers have a chance to break the cycle Consultancy says the fundamentals are in place to breakaway from the boom-bust cycle of the past 30 years
Floating wind player BW Ideol launches $68m share sale ahead of Oslo listing BW Group-backed French company set to debut on Euronext Growth exchange on 18 March
Equinor ends KNOT charter as MLP reports engine damage to second ship But US-listed master limited says it has secured new three-year fixed time charter contracts for the vessels
Castor takes 2021 S&P spend to over $100m with latest kamsarmax buy Rapidly expanding shipowner has now bought four kamsarmaxes, two LR2s and a capesize since January
Zhichuan International scraps rare hybrid container-passenger ship Demolition deal leaves only five of the type still in service worldwide
Samsung ordered to pay Stena $411m after losing drillship arbitration battle Yard says decision sets a bad precedent for the delay of ship construction by buyers when market conditions worsen
China's New Times homes in on $800m LNG-fuelled bulker deal Rumours swirl over mystery backer behind latest move on newcastlemax newbuildings for Project Himalaya, but who is about to summit?
NYK Line sells 2011 capesize for strongest price in over two years Asset prices continue to climb in resurgent dry markets as Japanese owner inks deal with Greek buyer
Newbuilding boom to test yards' restraint in reactivating capacity Major yards say they will keep redundant facilities shut over uncertainty of future costs
New DHL hub boosts Milan airport's cargo traffic E-commerce is the growth engine for air cargo. It's why DHL Express just added a new air/parcel hub in Milan, Italy.
South Carolina Ports finding groove with rail "As retail imports continue to boom during the pandemic, the ability to quickly move goods from ships to the hinterland via rail is paramount," says...
PODCAST: Pandemic, politics usher uncertainty into Brazil diesel market
South Korea's March low sulfur bunker imports to decline from Feb
Asia LR1 rates trade at 2021 high as tankers delay return to Middle East: sources At current bunker prices, LR1s are likely to earn around $8,000 daily on the benchmark PG-Japan route and another $3,000/d on backhaul, according to shipping industry estimates.
Platts to reflect CPC Blend crude standard cargo size of 90,000 mt
Shell charters 10 new VLCCs with dual-fueled LNG engines
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