Rickmers-Linie Supports New Low Sulfur Regime

Rickmers-Linie has declared its support for the introduction of stricter sulphur regulations but expects that they will inevitably lead to an incre...

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G E Shipping contracts to sell a General Purpose Product Tanker

The Great Eastern Shipping Company Ltd. (G E Shipping) has signed a contract to sell, a 1991-built General Purpose Product Tanker Jag PrachiĀ (28,6...

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Bahri finalizing merger agreement with Vela

Subsequent to The National Shipping Company of Saudi Arabia (Bahri) announcement on 5 November 2012 relating to signing the definitive agreements f...

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NYK orders world's first LNG bunkering vessel

NYK has signed a contract with Hanjin Heavy Industries & Construction Co. Ltd. in Korea to build the world's first LNG bunkering vessel built for t...

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NYK enhancing RoRo service to/from Jaxport

NYK Line is expanding its roll-on roll-off (RoRo) service to and from Jacksonville (Jaxport) by increasing sailings to three per month, including c...

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NYK takes delivery of first post-Panamax car carrier in Japan

NYK took delivery of a new pure car carrier, Aries Leader, built by Shin Kurushima Dockyard Co. Ltd at its Onishi Shipyard. The vessel is the very ...

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Teekay Tankers announces sale of two VLCC tankers

Teekay Tankers Ltd. announced that it has agreed to sell its two 2010-built Very Large Crude Carriers (VLCCs) to Tanker Investments Ltd. for $154 m...

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NYK teams with Chubu Electric Power for the transport of Australian LNG

Chubu Electric Power Co. Inc. has joined NYK and the Mitsubishi Corporation to become a shareholder of Trans Pacific Shipping 1 Ltd. (TPS1), which ...

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Odfjell enters JV, adds 4 more gas carriers

Odfjell SE is pleased to announce that it has entered into an agreement with affiliates of Breakwater Capital and Oak Hill Advisors to form a lique...

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Navigator adds three more vessels

Navigator Holdings Ltd. announces that the Company exercised its option to build an additional three 35,000 cubic meter ethylene/ethane capable sem...

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Eagle Bulk extends its waiver agreement

Eagle Bulk Shipping Inc. announced that the Company has entered into a second amendment to its previously reported Waiver and Forbearance Agreement...

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HMM to sell LNG carrier business

Hyundai Merchant Marine (HMM) will sell the LNG transport business for 1.1 trillion KRW ($1.03 billion) to solve the market's concern on HMM's fina...

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Stena Bulk invests in six chemical tankers

Stena Bulk/Stena Weco and Golden Agri (GAR) have invested in a further six chemical tankers. Golden Stena Weco, which is a joint venture between St...

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Stream Tankers orders eco-design chemical tankers

Stream Tankers has entered into newbuilding contracts with Japan's Fukuoka Shipbuilding for up to five advanced 19,900DWT chemical tankers with car...

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Bahri receives a Dry Bulk Vessel

The National Shipping Company of Saudi Arabia (Bahri) announces that its subsidiary Bahri Dry Bulk received in Japan a dry bulk vessel named Bahri ...

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China Shipping consolidates group's chartering of 21 bulkers

China Shipping Group's (CSG) tanker and dry bulk unit, China Shipping Development, has chartered 21 bulk carriers from an affiliate for a six-month...

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COSCO Group signs contract with CSSC for four dry bulk vessels

COSCO Group held a ceremony in Ocean Plaza for the signing of a shipbuilding contract with China State Shipbuilding Corporation (CSSC) for four 64,...

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Euronav to acquire 15 VLCCs from Maersk Tankers

Euronav the Antwerp-based listed tanker company is pleased to announce that it has entered into a contract to acquire fifteen Very Large Crude Car...

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Tanker rates slide on increased tonnage

Dirty and clean tanker rates on key Asian routes are expected to slide this week, as the amount of available tonnage outpaces increased chartering ...

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NYK receives latest coal carrier Hokuriku Maru

A delivery ceremony was held for Hokuriku Maru, a specialized coal carrier having a wide beam and shallow draft for the transport of steaming coal ...

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