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Jul 04, 2020

Canada to buy interim replacement ship for Madeleine ferry

The Government of Canada has issued an advance contract award notice (ACAN), signalling its intention to purchase the motor vessel Villa de Teror as an interim measure to replace…

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Jul 03, 2020

Pacific Basin expects $198 million in asset impairments

Hong Kong-based dry bulk shipping company Pacific Basin revealed a one-off non-cash impairment charge of $198 million on the group’s Handysize core fleet. The impairment charge…

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Jul 02, 2020

Hapag-Lloyd won’t need state aid to survive COVID-19 crisis

German container shipping major Hapag-Lloyd intends to navigate through the coronavirus crisis without seeking state aid. Afif containership. Image Courtesy: Hapag-Lloyd Unlike…

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Jul 02, 2020

Volkswagen’s first LNG-powered car carrier arrives in US

Volkswagen Group said Wednesday it welcomed its first LNG-fuelled car carrier in the US Port of Davisville, Rhode Island. Image: Volkswagen Group of America The Siem Confucius left…

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Jul 01, 2020

HMM names its 7th 24,000 TEU goliath at DSME

South Korean shipping major HMM has welcomed the 7th of twelve 24,000 TEU container shipping giants into its fleet. These are the largest container ships in the world based on their…

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Jul 01, 2020

China COSCO Shipping orders LNG trio at Hudong

China COSCO Shipping on Tuesday said it has placed an order for three liquefied natural gas (LNG) carriers at Hudong Zhonghua Shipbuilding. Courtesy of China COSCO Shipping The vessels…

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Jun 30, 2020

Daewoo E&C consortium wins Ulsan LNG contract

A consortium led by South Korea’s Daewoo Engineering & Construction has won a contract to build a liquefied natural gas tank terminal in the Port of Ulsan. Signing ceremony…

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Jun 29, 2020

Construction starts on Stena Line’s two larger E-Flexer ferries

Amid the ongoing COVID-19 pandemic, Swedish ferry company Stena Line has confirmed that the construction of its two new, larger E-Flexer ferries has begun in Weihai, China. Photo:…

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Jun 26, 2020

OVI: Over 100 tons of plastics recovered in largest-ever open ocean cleanup

Ocean Voyages Institute’s (OVI) marine plastic recovery vessel, S/V Kwai, docked at the port of Honolulu on 23 June 2020, after a 48-day expedition, successfully removing 103 tons…

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Jun 25, 2020

Wärtsilä to boost efficiency of E-Marine’s cable layer

Finnish technology group Wärtsilä has been contracted by Dubai-based E-Marine, a specialist operator of cable layer vessels, to improve the efficiency of its cable layer Umm Al…

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