First Autonomous Ship Registered in the UK

The UK Ship Register has signed its first autonomous vessel, C-Worker 7, to the flag. The unmanned ship can be used under direct control, semi-manned or completely unmanned, and has been built by ASV Global,...

ABB Sets Out Electric, Digital, Connected Approach for Shipping

With this new approach, ABB focuses on harnessing the full potential of its power, control and automation solutions through a program of digital integration that will bring about a step change in vessel and...

Greek Shipping Firms Scoop Up Auctioned Off Vessels in 2017

Navios Maritime Partners and Capital Maritime & Trading are among the Greek-owned shipping companies that have recently allocated tens of millions of dollars for the purchase of vessels auctioned off by creditor banks this...

MSC Shipmanagement Wins Top Shipping Award

MSC Shipmanagement Limited is delighted to accept a major award for its contribution to the shipping industry and economy of Cyprus, as well as its training and care of seafarers. The President of the Republic...

Damen to Acquire DSME’s Share in Mangalian Yard

The Damen Shipyards Group has decided to enter into an agreement to purchase Daewoo Shipbuilding & Marine Engineering’s (DSME), which is a major stake in Romania-based Daewoo Mangalia Heavy Industries (DMHI). Intention to boost shipbuilding: The...

Thoresen Rides Dry Bulk Recovery

Thoresen Thai Agencies (TTA) said on 14 November that it had a THB49.14 million (USD1.46 million) net profit for the third quarter of 2017 as the Thai conglomerate's dry bulk shipping business continued to...

Greek Shipowners have $15.2 Billion in Newbuilds

Renewal of the Greek fleet continues at pace as cash rich owners continue to build ships and buy ships. A survey by Naftiliaki Greek Shipping Review of the Greek orderbook has revealed 237 ships of...

First LNG-fuelled Container Vessel Launch Completed

Launching of Containerships’ first LNG-fuelled container vessel was completed on 4.11.2017. M/S Containerships Nord was successfully launched during high tide at Wenchong Shipyard. The shipbuilding work of the first vessel continues now on an outfitting...

Bulk Carrier Attacked, 10 Crew Kidnapped and Freed

On November 11, a bulk carrier was reportedly attacked by armed Nigerian pirates who kidnapped ten crew members who were subsequently freed. What happened? The bulk carrier ‘Venus Bay’ was reportedly approached by pirates on...

Ship Banned From Sailing After Allision

On November 13, cranes were damaged after a containership reportedly allided with them in the port of Alexandria. What happened? The Containership ‘CSCL Yellow Sea’ was detained at the Dekheila port in Alexandria due to allison...