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Jul 10, 2018

VV: Enthusiasm for New Ship Orders Started to Wane

The enthusiasm for newbuild orders across most shipping markets has started to wane after over USD 10 billion were committed in the first quarter of 2018, according to a report from…

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Jul 05, 2018

Awilco LNG Agrees WilForce Charter Deal

Norway-based Awilco LNG ASA has secured a time charter contract for its 156,000 cbm liquefied natural gas (LNG) vessel WilForce. The company said that the ship, with tri-fuel…

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Jul 05, 2018

Matson Christens the Largest U.S.-Built Containership

Image Courtesy: Cerrone Photography/Philly Shipyard   U.S. carrier Matson christened the largest containership ever built in the United States in a ceremony at the Philly…

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Jul 04, 2018

Video: Snake-Like Ocean Cleanup System Aces Tow Test

A 120-meter section of the Ocean Cleanup’s floating cleanup system was towed out of San Francisco Bay into the Pacific in May 2018 to conduct a tow test. Arjen Tjallema, Technology…

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Jul 04, 2018

VesselsValue: Favorable Tailwinds to Push Price of Prime Aged Ships Up

The expected performance of a fixed age five-year-old asset is expected to rise over the next two years, as most market segments have favorable tailwinds, according to VesselsValue.…

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Jul 03, 2018

Taiwan Refloats Product Tanker from Kaohsiung Coast

Product tanker 19Winner, which had grounded on the coast of Kaohsiung, Taiwan, was refloated on July 2. Operated by Indonesia’s Azer Enterprises, the tanker was moved…

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Jun 29, 2018

Interview: LNG Bunkering No Longer a ‘Chicken and Egg’ Situation

One of the key commercial barriers to liquefied natural gas (LNG) becoming the marine fuel of choice for the shipping industry has been the concern about its availability due to the…

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Jun 28, 2018

Thorco Lineage Refloated, Drifting off Raroia

The recently grounded general cargo ship Thorco Lineage was refloated from its resting place on the Raroia Atoll, French Polynesia, on June 27. The French navy’s vessel …

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Jun 27, 2018

Indian Cargo Ship Develops Heavy List off Colombo

Indian general cargo ship Mutha Pioneer developed a heavy port side list on June 26 while it was sailing off the coast of Colombo, Sri Lanka. The Dominican-flagged ship tilted to the…

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Jun 26, 2018

Quijano: We Have Had to Come Out of Our Shell

Since the inauguration of the expanded Panama Canal on June 26, 2016, the waterway has broken numerous records, including monthly and annual tonnage volumes. The USD 5.4 billion…

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