News Flash

Greek Owned Fleet Grows To Record Tonnage Levels

The Covid–19 pandemic seems to have had little impact on the appetite of Greek shipowners as they continue to build...
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Port Of Los Angeles Loaded Container Import-Export Imbalance Hits 4:1

The Port of Los Angeles saw the imbalance between loaded container imports and exports hitting record levels in February. Presenting...
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CMA CGM Expands China Inland Services

CMA CGM is strengthening its inland service in China through a new joint venture with CIMC Modern Logistics at the...
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BIMCO: Scrubber-Fitted Ships Nearly Double In 15 Months

Since January 1, 2020, the number of scrubber-fitted ships has nearly doubled from 2,011 ships to 3,935 by March 1,...
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Seanergy Maritime Holdings Corp. To Acquire Two Additional Capesize Vessels

Seanergy Maritime Holdings Corp. announced that it has entered into agreements with unaffiliated third parties to purchase two Capesize vessels....
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Wilson Sons Invests In An Israeli Startup Of Port Technology

Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, acquired a minority equity participation at Docktech, an...
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Hapag-Lloyd Continues Container Consolidation With NileDutch Acquisition

Continuing the trend of consolidation in container shipping Hapag-Lloyd has acquired Africa specialist NileDutch. Hapag-Lloyd is acquiring 100% of the...
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MOL Announces Issuance Of Publicly Offered Hybrid Corporate Bonds

Mitsui O.S.K. Lines, Ltd. on March 17, announced the submission of an amended version of the shelf registration statement regarding...
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DP World Callao In Peru Gets Approval For $333.6m Expansion

Peru’s National Port Authority (APN) has approved the technical works files of Phase 2 and additional investments of the New...
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Lack of Tonnage Hinders Scrapping Activity

A lack of available tonnage has proven to be a hindrance when it comes to increasing ship recycling activity. In...
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Ship Repair Sector Returns to Normalcy

The ship repair sector faced significant disruptions during most of 2020, as a result of the pandemic. However, things are...
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Panama Calls On IMO To Help Seafarers Stuck In China Amid Coal Trade Spat With Australia

Coal trade between Australia and China has turned into a nightmare for over 74 vessels and more than 1,500 seafarers,...
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North Star Makes Grand Entrance into Offshore Wind with Dogger Bank

Aberdeen-based company North Star Renewables has won the tender for the delivery of three service operation vessels (SOVs) for the...
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Tangier Med Takes Mediterranean Top Container Port Crown In 2020

There was close competition for the title of the Med’s largest container terminal last year with Tangier Med in Morocco...
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Taiwan’s Wan Hai Launches Aggressive Expansion With $1.5B In Orders

Taiwan-based Wan Hai Lines is continuing its fleet renewal and expansion program announcing another $1 billion in new construction orders...
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India’s Oil Diversification Could Be Good News For Tankers

Diversification of India’s oil sources could be positive news for tanker ton-mile demand, according to Poten & Partners. India’s government...
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KSOE Lands Shipbuilding Orders Worth $724 Million

South Korea’s largest shipbuilder Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won fresh orders worth 823 billion won ($724...
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ABS Launches Smart Emissions Reporting Tool

ABS has added another smart digital tool to its industry-leading environmental compliance support for shipowners and operators. ABS Emissions Reporter™...
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Growing Support Seen For Industry R&D Decarbonisation Fund Proposal At IMO

An industry proposal for a $5bn research fund to decarbonise shipping submitted to the International Maritime Organization (IMO) last week...
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Panama Calls Market Consultation On LRIT Operations

The Panama Maritime Authority (AMP) is seeking potential partners for Long-Range Identification Tracking System (LRIT) for the country’s ship registry....
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