Hamburg Süd Sells Bulker Arm to China
A subsidiary of the Swire Group will acquire the bulk shipping business of German shipping company Hamburg Süd.
Hamburg Süd’s bulk shipping brand Rudolf A.Oetker Tankers business unit is not included in the...
German WW1 Submarine Emerges Off French Coast
The remains of the UC-61 which was stranded near Calais in July 1917 are being exposed by shifting sand off Wissant
Since December, two sections of the submarine have been visible at low...
Another Dutch Ship Owner Fined For Having Beached Vessel
EU-flagged ships must be recycled only in safe facilities included in the European List of ship recycling facilities
Dutch ship owner Holland Maas Scheepvaart Beheer II BV has been fined 780.000 EUR for...
LNG Bunker That Puts Jaxport On World Map
The Taino and El Coqui first-of-their-kind vessels that use LNG as fuel, fueled at Jaxport by an Eagle LNG bunkering facility.
The Taino can travel to Puerto Rico in 55 hours, less than...
Eagle Acquires a Modern Ultramax, Sells Two 18-Year Old Supramaxes
In a recent development, Eagle Bulk Shipping Inc. has announced today that they have purchased a high-specification 2015-built SDARI-64 Ultramax bulk carrier for a purchase price of USD 20.4 million, says a press release...
Weekly Maritime Security Report Week 3, 2019
Protection Vessels International in their latest report highlighted the present maritime situation of the world and the report has been compiled as follows.
Robbers steal ship's spares in Indonesia
On 11 January, duty crew on board...
Tanker Report – Week 3, 2019
The VLCC market faced a steady week with rates hovering between WS 55.75 and 56.25.
Suezmax rates tumbled in all markets while Black Sea/Mediterranean rates fell by 25 points.
Black Sea/Mediterranean recorded a drop of over...
Denmark Nets Maritime Agreement with India
PM Lars Løkke Rasmussen is in India this week as part of a Danish business delegation looking to capitalise on thawing relations between Denmark and India, says an article in Cphpost.
Maritime Pact Signed
India is...
Titanic II : Deltamarin to Design, Consult and Manage Project
The Blue Star Line has initiated a contract with Deltamarin to continue with the design of Titanic II.
Deltamarin to design Titanic II
The contractor Deltamarin will work on the design of Titanic II and will also oversee the...
Ton Mile Demand for Clean Tankers’ Is Still Robust
VLCCs registered an impressive revival in earnings averaging around $12,000/day from Q1 to Q3 to over $50,000/day in Q4.
The sustainability of the VLCC market in 2019 will be hard with OPEC planning...