IMO Agrees on Stricter Efficiency Targets for Some Ships
The International Maritime Organization (IMO) on Friday agreed stricter energy efficiency targets for certain types of ships in an effort to speed up action to cut the sector’s emissions.
S. Korea: Banks urged to offer more ship financing
South Korea’s financial regulator says it will encourage private banks to increase ship financing, as part of its efforts to improve the financial health of local shipbuilders.
Maersk Product Tankers completes sale and leaseback agreement
Maersk Product Tankers has entered a sale and leaseback agreement for four MR vessels built in 2015 and
Top Stories
October 8, 2014
Maersk orders five 2,200 teu feederships at Jiangnan
AP Moller – Maersk has ordered five 2,200 teu feederships with CSSC Jiangnan Shipyard. The…
October 8, 2014
MSC to Invest in Container Terminal at Port
Mediterranean Shipping Company (MSC) along with the Port Authority of Las Palmas (APLP) have ratified…
October 8, 2014
Pacific Basin closes new US$115 million secured revolving
Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, closed a…
October 8, 2014
BW LPG loss grows in first quarter
BW LPG is hopeful of rates rising back above break-even this year after it posted…
October 8, 2014
Hyundai Heavy workers stage partial strike over merger
Unionized workers at Hyundai Heavy Industries Co. staged a partial strike on Thursday to protest…
October 8, 2014
DSME sees profit drop in first quarter
Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder, said Wednesday that its…
Editor’s Picks
May 16, 2019
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DryShips reports Q1 results; $100m investment in water ballast, scrubbers
DryShips, a diversified owner and operator of ocean going cargo…
May 15, 2019
Diana Shipping Announces Increase of Purchase Price and Extension of Tender Offer for Shares of Common Stock
Diana Shipping, a global shipping company specializing in the ownership…
May 14, 2019
GasLog Announces Public Offering of Senior Notes Due 2022
GasLog, an international owner, operator and manager of liquefied natural…
May 14, 2019
Danaos posts higher profit in first quarter
Danaos, one of the world's largest independent owners of containerships,…
Finance & Economy
October 8, 2014
Pacific Basin closes new US$115 million secured revolving
Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, closed a…
October 8, 2014
BW LPG loss grows in first quarter
BW LPG is hopeful of rates rising back above break-even this year after it posted…
October 8, 2014
S. Korea: Banks urged to offer more ship
South Korea’s financial regulator says it will encourage private banks to increase ship financing, as…
October 8, 2014
DSME sees profit drop in first quarter
Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder, said Wednesday that its…
October 8, 2014
Seaspan Announces Closing of Innovative $1 Billion Portfolio
Seaspan announced the closing of its new $1.0 billion portfolio financing program. The Program consists…
Shipping News
October 8, 2014
IMO Agrees on Stricter Efficiency Targets for Some
The International Maritime Organization (IMO) on Friday agreed stricter energy efficiency targets for certain types…
October 8, 2014
Maersk Product Tankers completes sale and leaseback agreement
Maersk Product Tankers has entered a sale and leaseback agreement for four MR vessels built…
October 8, 2014
IMO 2020 Will Disrupt Markets for 1-5 Years
The marine industry’s January 2020 shift to using very low sulfur fuel oil (VLSFO) to…
October 8, 2014
A.P. Moller – Maersk to accelerate growth in
APM Terminals Inland Services will be integrated into Maersk Logistics & Services from 1 August…
October 8, 2014
DFDS: Sale of freight ferry
DFDS has entered into an agreement with Attica Group to sell a freight ferry (ro-ro),…
Ports
October 8, 2014
MSC to Invest in Container Terminal at Port
Mediterranean Shipping Company (MSC) along with the Port Authority of Las Palmas (APLP) have ratified…
October 8, 2014
North Carolina Ports Makes History, Welcomes First 12,000
North Carolina Ports made history Monday by welcoming its first-ever 12,000 TEU vessel to the…
October 8, 2014
Congo Republic Ships First Iron Ore from Upgraded
Congo Republic shipped its first iron ore exports on Friday from a rehabilitated deep-water port…
October 8, 2014
Port of Rotterdam Volumes Keep Rising in 1Q
The Port of Rotterdam handled 5.1 percent more cargo during the first quarter of 2019,…
October 8, 2014
Piraeus port lifts economic gloom, shines into future
As Greece exited its eight-year bailout last summer, the Piraeus port shined with rising throughput…
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