May 17, 2019
The marine industry’s January 2020 shift to using very low sulfur fuel oil (VLSFO) to power ships worldwide will launch a one- to five-year disruption...
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The Wire
May 17, 2019
Unionized workers at Hyundai Heavy Industries Co. staged a partial strike on Thursday to protest a plan to split up the company as part of...
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May 17, 2019
Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder, said Wednesday that its first-quarter net profit fell 13.7 percent from a year earlier...
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May 17, 2019
A tanker carrying Iranian fuel oil in violation of U.S. sanctions has unloaded the cargo into storage tanks near the Chinese city of Zhoushan, according...
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May 17, 2019
Taiwan’s clean energy plan, low reliance on coal, uncertainty on the future of nuclear energy and rising electricity demand collectively signal higher LNG demand in...
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May 17, 2019
APM Terminals Inland Services will be integrated into Maersk Logistics & Services from 1 August 2019, providing customers with seamless access to a wider range...
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May 16, 2019
DFDS has entered into an agreement with Attica Group to sell a freight ferry (ro-ro), Anglia Seaways, built in 2000 with a freight capacity of...
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May 16, 2019
Seaspan announced the closing of its new $1.0 billion portfolio financing program. (more…)
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May 16, 2019
DryShips, a diversified owner and operator of ocean going cargo vessels, announced its unaudited financial and operating results for the quarter ended March 31, 2019....
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May 16, 2019
The containership Triton has completed a trial transit in the Panama Canal. This is a new record transit in terms of size and container cargo...
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May 16, 2019
Russia’s efforts to resolve an unprecedented oil-contamination crisis suffered a setback as the nation loaded another tainted cargo from a port in the Baltic Sea,...
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May 16, 2019
U.S. officials believe Iran encouraged Houthi militants or Iraq-based Shi’ite militias to carry out Sunday’s attacks on four tankers near the Strait of Hormuz, two...
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May 16, 2019
US President Donald Trump has suggested the Federal Reserve could support the US in its simmering trade battle with China. (more…)
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May 16, 2019
PAO Sovcomflot (SCF Group), a world leader in energy shipping and offshore services to the oil and gas industry, reported its results for the first...
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May 16, 2019
Subsequent to the successful completion of a private placement with gross proceeds of NOK 350 million, and an additional overallotment of about 5%, Klaveness Combination...
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