Panama Canal has record year
The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year.
U.S. oil firms restore operations in storm-tossed Gulf of Mexico
Major oil producers and drillers, including Chevron Corp and BP Plc, on Thursday began returning crews to more than 90 offshore facilities in the U.S. Gulf of Mexico that were evacuated this week as Hurricane Michael moved through the Gulf.
Stena Bulk in Partnership With Bay Crest Management for Expansion in Asia
Golden-Agri Stena, since 2012 a joint venture between Stena Bulk and Golden Agri-Resources, has started a new joint venture, GSB Tankers, together with Bay Crest Management.
Top Stories
October 8, 2014
ONE and Hapag-Lloyd agree feeder operations deal
Ocean Network Express and Hapag-Lloyd have concluded a Bilateral Strategic Feeder Network Cooperation Agreement, which…
October 8, 2014
H-Line orders $124m LNG capesize duo
H-Line Shipping Co., a midsized South Korean shipping company, has placed an order worth about…
October 8, 2014
Algoma Cancels Contracts with Uljanik
Algoma Central Corporation has decided to cancel all four newbuild construction contracts with Uljanik. Uljanik…
October 8, 2014
Port of Gothenburg Starts Building New Terminal
After years of planning and preparation, construction of an entirely new terminal in the outer…
October 8, 2014
U.S. Oil Exports to Asia May Fall Further
Rising shipping rates have increased the costs of shipping oil from the United States to…
October 8, 2014
China’s export container transport gains momentum in September
China’s container transport for export purposes gained momentum in September, according to new data from…
Editor’s Picks
October 10, 2018
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Star Bulk Announces Pioneering Green Loan to Finance Retrofitting of 50 Scrubbers
Star Bulk, a global shipping company focusing on the transportation…
October 9, 2018
Genco Implements Comprehensive Fleet Plan Ahead of IMO 2020 Regulations
Genco announced that it plans to install exhaust gas cleaning…
October 8, 2018
BW LPG Withdraws Proposal to Combine with Dorian
BW LPG announced that it withdraws its proposal to combine…
October 8, 2018
Navios Acquisition & Navios Midstream Announce Definitive Merger Agreement
Navios Acquisition and Navios Midstream announced that they have entered…
Finance & Economy
October 8, 2014
Pacific Basin sees supramax rate rise
Pacific Basin Shipping Limited saw a significant hike in vessel earnings in the third quarter…
October 8, 2014
CMA CGM says no plans to take over
French shipping company CMA CGM has no plans to launch a full takeover for Ceva…
October 8, 2014
Boskalis nominates internal candidate Carlo van Noort as
Royal Boskalis Westminster N.V. (Boskalis) announces that it nominates Carlo van Noort (43) to be…
October 8, 2014
Scorpio Bulkers: Investment of $100 Million in a
Scorpio Bulkers announced that the Company has agreed to invest $100.0 million in a related…
October 8, 2014
Star Bulk Announces Pioneering Green Loan to Finance
Star Bulk, a global shipping company focusing on the transportation of dry bulk cargoes announced…
Shipping News
October 8, 2014
China’s export container transport gains momentum in September
China’s container transport for export purposes gained momentum in September, according to new data from…
October 8, 2014
Improved Prospects for Multipurpose Shipping - Drewry
Prospects for the multipurpose shipping fleet have improved amid a surging growth in renewable energy…
October 8, 2014
Panama Canal has record year
The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of…
October 8, 2014
China’s sulfur limit on marine fuels from Oct
Following the implementation of the 0.5% sulfur limit on marine fuels for all vessels in…
October 8, 2014
Asia shipping Q3: Panamax, Supramax markets hold steady,
Volatility plagued the Asia Pacific Capesize market in the third quarter on the back of…
Ports
October 8, 2014
Port of Gothenburg Starts Building New Terminal
After years of planning and preparation, construction of an entirely new terminal in the outer…
October 8, 2014
Port of Long Beach Moves 8 Million TEUs
The Port of Long Beach closed out the 2018 fiscal year having handled over 8…
October 8, 2014
EIB Approves Financing of Port Projects in Italy
The European Investment Bank (EIB) approved a €195 million (USD224.7 million) financing to the Centre-North…
October 8, 2014
Piraeus Port Authority: Record Profits in First Half
The BoD of PPA S.A. approved the financial statements for the first semester of 2018,…
October 8, 2014
Moody’s Affirms PSA Ratings, Outlook Stable
Rating agency Moody’s has affirmed Aa1 ratings for Singapore-based port operator PSA International and PSA…
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