NEWS

LATEST NEWS

Nov 08, 2015

Readers’ Picks of the Week (Nov 2nd-6th, 2015)

CEO of Fredriksen Group Arrested in Norway Chief Executive Officer of the Fredriksen Group Jo Lunder was arrested by Norwegian police in Oslo on Wednesday Reuters reports……

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Nov 07, 2015

DP World Australia, Tasports Bet on Cabotage Law Changes

Container terminal stevedore DP World Australia has entered into an exclusive agreement with the Tasmanian Ports Corporation (Tasports) under which the two parties will work together…

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Nov 07, 2015

Singapore Calls on More Ports to Ready for LNG Bunkering

More ports need to be ready for LNG bunkering, given the global move towards cleaner shipping and higher environmental standards, Chief Executive of the Maritime and Port Authority…

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Nov 07, 2015

HKND Group: Nicaragua Grand Canal Gets Environmental Permit

China’s HKND Group received an environmental permit for its USD 50-billion Nicaragua Interoceanic Grand Canal Project. After HKND submitted the Environmental and Social…

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Nov 06, 2015

Danaos Sets Sights on Acquiring Second-Hand Post Panamaxes

Danaos Corporation, Piraeus-based containership charter owner, reported an adjusted net income of USD 43.8 million for the three months ended September 30, 2015 compared…

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Nov 05, 2015

Spotted: Multraship, Damen Put Pens to Paper at Europort

Dutch towage and salvage specialist Multraship, through its wholly-owned subsidiary Novatug BV, has commissioned the construction of two evolutionary Carrousel Rave Tugs (CRTs)…

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Nov 05, 2015

KSS Line Returns to HHI for One More LPG Carrier

South Korean shipping company KSS Line Ltd., a specialist in transporting chemical cargoes, has inked a construction contract with Hyundai Heavy Industries for a 84,000 cbm …

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Nov 04, 2015

Maersk Line CEO: Doesn’t Make Sense to Make New Investments

The decision of Danish container shipping company Maersk Line not to invest in further fleet expansion and cut its network capacity is merely a reaction to current market demand…

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Nov 03, 2015

Spotted: LNG-Powered Greenland Makes a Splash at Ferus

The LNG-powered cement tanker ‘Greenland’ was christened and launched on Saturday 31 October, at a ceremony hosted by Dutch shipbuilder Ferus Smit. The christening ceremony…

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Nov 03, 2015

IMB: Piracy Crackdown in Southeast Asia Bears Fruit

A piracy crackdown in Southeast Asia appears to be having a positive impact on the number of piracy attacks in the region with only two hijackings reported in the third quarter…

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