Sailing Towards Greener Shipping

For having the most economic ship under the Singapore flag, Asiatic Lloyd Maritime LLP has won the Green Ship of the Year Award at...

Performance of Panama Canal Exceeds Expectation

The expanded Panama Canal has performed way above what was expected since its inception. New liner services incorporated: It has gained 15 new liner services; transited...

Shipping Still Hooked on Classics?

The shipping industry has long provided investors with opportunities for asset play, reflecting the volatility in prices and relative shifts in the value of...

LNG Bunkering Standard Launched by Singapore

The first Singapore Technical Reference (TR) 56 for LNG bunkering was launched on Friday by the Maritime and Port Authority of Singapore, SPRING Singapore,...

Innovative Automation for LNG & Chemical Carriers

Bernhard Schulte and Sirius Shipping have contracted Høglund Marine Automation to install systems on a new LNG bunker vessel and two chemical tankers. LNG automation: Høglund...

Wind Propulsion Device to Undergo Testing Aboard Tanker

Commercial tankers using sail power to navigate the seas could be the wave of the future. Tests are scheduled to get underway in 2018...

Tanker and Bulker Owners Turn to LNG

In the last of our four sector-specific reports on LNG-fuelled tonnage, Mike Corkhill reports on marked growth in interest in cleaner-burning fuel from owners...

Cruise Ship Transits New Panama Canal Locks

On Saturday, A cruise ship successfully transited through the new set locks upgraded in the Panama Canal. Successful transition: The Disney Wonder transited through the Panama...

New E-Zero Initiative Will Recognize Exceptional Compliance

The Coast Guard’s Office of Commercial Vessel Compliance is pleased to announce the QUALSHIP 21 E-Zero Program, which officially commences July 1, 2017. E-Zero indicates...

Maersk​ ​to​ ​Pay​ ​€3.7 Billion​ ​Euros​ ​to​ ​Acquire​ ​German​ ​Rival

On Friday, The world's leading container shipping company, Danish Maersk Line, it would pay 3.7 billion euros ($4 billion) for the acquisition of German...

First Aluminum Hull Reference for Thordon Seal

Fuller's Fast Cat Korora Provides First Aluminium Hull Reference for Thordon Seal Fullers Group’s has provided a first reference for Thordon Bearings’ TG100 seal on an...

Two Vessels Suspected of Oil Smuggling Captured

On Friday, Two vessels suspected of smuggling oil have been captured by the Libyan naval forces captured after gun battles lasting several hours west...

World’s Largest Containership

Samsung Heavy Industries Builds World’s Largest Containership with Intergraph Smart® 3D Samsung Heavy Industries (SHI), one of the world’s leading shipbuilders, has used Intergraph Smart®...

How a CEO Made Millions From a Sinking Ship

When stocks rose after last year’s presidential election, DryShips Inc. left the market far behind. The little-known Greek dry bulk carrier’s epic one-week rally...

Biggest Ship Sets Record Lifting 24,000-tonne Platform

The world's biggest ship has set a new record lifting a 24,000-tonne oil platform. The Pioneering Spirit heaved the topside of the Brent Delta platform...

Containership Capacity: Owners Hoping it’s the Start of Improved Returns

Idled containership capacity has shrunk by 28% in the past two weeks to 696,000 teu, according to Alphaliner. And the maritime consultant said it expected...

Private Independent Shipowners’ Days Numbered

The best days of the private independent shipowner are over, according to the audience who took part in a poll at maritime conference in...

MacGregor Divests Woodfield Systems Ltd.

MacGregor, part of Cargotec, sells the majority shares of Woodfield Systems Ltd. Woodfield became part of MacGregor in January 2014, when MacGregor acquired mooring...

Baltic Dry Index Down for Seventh-straight Session

Capesize rates have finally turned higher. They snapped a six-session losing streak on Thursday, but the capesize index’s turn higher wasn’t enough to buoy...

MAN Debuts New SCR for Two-stroke Engines

MAN Diesel & Turbo and its licensee Mitsui Engineering & Shipbuilding introduced its new high-pressure selective catalytic reduction (SCR) system, MAN SCR-HP, at an...