News

First Fully Owned Cape Newbuild for Oldendorff

First Fully Owned Cape Newbuild for Oldendorff

Germany’s bulk transportation company Oldendorff Carriers has taken delivery of its first owned Capesize newbuilding.

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 Drewry: Slow Steaming Keeps Overcapacity at Bay

Drewry: Slow Steaming Keeps Overcapacity at Bay

Drewry Shipping Consultants says no matter how low the oil and bunker prices go

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G6 Suspends Asia – US West Coast Service

G6 Suspends Asia – US West Coast Service

The members of the G6 Alliance have announced the temporary suspension of their Central China

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HHI’s Order Intake Down 25 Pct

HHI’s Order Intake Down 25 Pct

South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has recorded 25.1 percent lower order intake for the first nine months of 2014 when compared to the same period last year.

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 CKYHE Alliance Sets Sights on US Trades

CKYHE Alliance Sets Sights on US Trades

The CKYHE Alliance (COSCO, “K” LINE, Yang Ming, Hanjin Shipping, and Evergreen Line) has submitted a Filing Agreement to the U.S. Federal Maritime Commission (FMC) in an effort to expand their scope in the U.S. trades.

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Hamburg’s LNG Hybrid Barge Christened

Hamburg’s LNG Hybrid Barge Christened

The LNG Hybrid Barge, Becker Marine Systems’ floating liquefied gas power plant was christened at Hafencity, Hamburg on Saturday.

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Sembcorp Enters Offshore Energy Projects

Sembcorp Enters Offshore Energy Projects

Singapore-based marine and offshore engineering group Sembcorp Marine has secured offshore energy related contracts valued at a combined SGD 222 million

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LNG Bunkering under Spotlight in Singapore

LNG Bunkering under Spotlight in Singapore

LNG bunkering was a hot topic for the Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority

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Sweden Gets New LNG Terminal

Sweden Gets New LNG Terminal

Swedish liquefied natural gas provider Skangass has officially opened their new receiving terminal for LNG

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Stena Linking Stockholm to Liepaja

Stena Linking Stockholm to Liepaja

Sweden’s ferry operator Stena Line is increasing its share in Scandinavian market freight volumes by expanding its services from the Port of Nynäshamn with a new destination, Liepaja in Latvia.

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Long Beach Extends Container Free Time

Long Beach Extends Container Free Time

The Port of Long Beach will add an extra three days to the time that overseas import containers can remain

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Overall Annual Shipping Costs Slightly Down

Overall Annual Shipping Costs Slightly Down

Total annual operating costs in the shipping industry fell by an average of 0.3 per cent in 2013,

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BP Asks for Review of Gross Negligence Ruling

BP Asks for Review of Gross Negligence Ruling

Oil major BP asked on Thursday a U.S. court to review the ruling that found the company “grossly negligent” for the Deeepwater Horizon oil spill from 2010, the worst in U.S. history.

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Lamêlée, CSL Team Up on Iron Ore Transhipment

Lamêlée, CSL Team Up on Iron Ore Transhipment

Lamêlée Iron Ore Ltd. has inked a memorandum of understanding with Canada Steamship Lines (CSL), a division of the CSL Group Inc

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SCI and GAIL in USD 3 Bn LNG Deal Talks

SCI and GAIL in USD 3 Bn LNG Deal Talks

Shipping Corporation of India (SCI) is currently in talks with GAIL (India) Limited to form

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Suezmax Tanker Market on the Rebound

Suezmax Tanker Market on the Rebound

This year has seen a major comeback of the Suezmax tanker market prompted

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USDOT Grants USD 74 Million to Maritime Projects

USDOT Grants USD 74 Million to Maritime Projects

U.S. Department of Transportation (USDOT) Secretary Anthony Foxx has disclosed

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Drewry: Tanker Market to Remain Volatile

Drewry: Tanker Market to Remain Volatile

The Drewry All Earnings Index, which covers the main bulk shipping markets

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Cotonou Port Authorities Issue Anti-Ebola Measures

Cotonou Port Authorities Issue Anti-Ebola Measures

Following the outbreak of the Ebola Virus in West Africa, Cotonou port authorities have taken

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