Desgagnés christens dual-fuel tanker duo Canada's Groupe Desgagnés yesterday held a double christening for two polar class dual fuel/LNG petroleum/chemical tankers, M/T Paul A. Desgagnés and M/T Rossi A. Desgagnés. The ceremony was held in front of
Oceanwide back at Brodosplit for second Polar 6 expedition ship Vlissingen, Netherlands, based Oceanwide Expeditions has placed an order with Croatia's Brodosplit shipyard for a sister to its Polar Class 6 expedition cruise ship Hondius, delivered earlier this year. To be named
Bulker operator cops plea in "magic pipe" case Lisbon, Portugal, based Portline Bulk International S.A .yesterday pleaded guilty in federal court in Charleston, South Carolina, to one count of violating the Act to Prevent Pollution from Ships and one count
Cimco at work on 300 hp OXE Diesel outboard Ängelholm, Sweden, headquartered Cimco Marine AB is developing a 300 hp version of its OXE Diesel outboard,. The world's first diesel outboard to target the high power segment, the OXE Diesel has
Metal Shark gets $12.8 million mod to patrol boat contract Jeanerette, La., based shipbuilder Metal Shark Boats, has been awarded a $12,818,790 contract modification to exercise options for the construction of Near Coastal Patrol Vessels in support of U.S. Southern Command partner
Taking the next steps in digitalisation Why haven't smaller shipping companies enthusiastically embraced digitalisation? What should be done early to prepare for the digital transformation? A...
Iran downing US drone heightens tension in Gulf Tehran says the action sends a 'clear message' , adding the country does not want war but is 'ready for...
Carriers head to yards for ULC orders Mid-range carriers look to upsize their fleets to stay competitive
Weakness in soyabean trade returns The weakness in demand has led to softer panamax rates, according to analysts
Grieg Star shuffles senior managers Matt Duke takes over from current chief executive Camilla Grieg who leaves her post after 20 years
American Club clocks up $46m loss as combined ratio hits 116% 'The market may be experiencing a transitional phase where club capabilities will become ever more important to members in the...
The Lloyd's List Podcast: LNG burning too bright? Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
Daily Briefing Middle East crude shipping costs surge on higher freight rates and insurance premiums | MSC loses 'low-risk' carrier status after...
The Interview: Cecilia Eckelmann-Battistello Cecilia Eckelmann-Battistello has been working in container shipping for more than 45 years. But while she may be thinking of...
CMHI Jiangsu slated to deliver first newbuild LNG vessel in July The tanker recently underwent three weeks of gas trials after receiving its first loading of LNG at Shanghai LNG's Wuhaogou...
Gail charters MOL carrier for US imports of LNG A MOL spokesperson says the vessel will be used to haul cargo from the Dominion Energy's Cove Point plant and...
LA may overturn port commissioners' vote automation permit The commissioner's vote came after several months' delay as the International Longshore and Warehouse Union sought to halt the implementation...
Kirby sues K Line following Houston ship channel crash Kirby's seeks to recover damages and cap future liabilities
Frustration and fallen comrades in New York The culling of US equity analysts may not be over as banks come to terms with years of losses and poor deal flow.
Middle East VLCC rates hike further with 18 reported fixtures VLCC owners manage to pass on higher insurance premiums to charterers as market activity resumes in full gear, but other sectors do not fare as well
Advantage Tankers' New York claim denied The judge rules Advantage's claims were not maritime claims and dismissed them
Turkish drillship's Cypriot mission angers EU Vessel launch stirs controversy in eastern Mediterranean.
Mjelde takes over from Pedersen as KG Jebsen CEO Geir Bruvik Mjelde has been appointed CEO of Norway's Kristian Gerhard Jebsen Skisrederi (KG Jebsen). Mjelde is replacing Jan Pedersen, 67, who has been CEO of the family-owned company for almost 40 years. Mjelde, 51, was previously employed by Odfjell Tankers and Tailwind (Europe), and he was CEO of Utkilen - all Norwegian companies. For the last nine years, he has been with KG Jebsen as head o
Seastar confirms bulker sale but at higher price Greek shipowner Seastar has confirmed that it has sold a supramax bulker but at a higher price than market reports. Company director Lila Demenega of Seastar said the 52,000-dwt bulker Hector (built 2002). achieved a price of $6.65m. TradeWinds reported yesterday that the company had sold the Kanashashi-built ship, but brokers had said the vessel went for $6m. The company has confirmed it was a
AqualisBraemar born as Kidwell becomes director UK shipbroker completes sale of three technical businesses to consultancy.
Seabury Maritime promotes duo and hires two more US investment bank beefs up shipping offering
Sverre Farstad back with new OSV venture Farstad family brings together former executives to take over Ulstein PSV and put the "bad years" behind it
Four more crew charged in MSC Gayane drugs bust Four more seafarers have been charged following the seizure of cocaine worth more than $1bn on an MSC boxship in Philadelphia. Crewmen Ivan Durasevic and Fonofaavae Tiasaga were charged with smuggling by US authorities earlier in the week. The Philadelphia Inquirer cited sources as saying the latest quartet to be charged are Bosco Markovic, 37; Alekandar Kavaja, 25; Nenad Ilic, 39; and
Hurtigruten posts sharp jump in profits Hurtigruten has reported one of its best annual results, logging a pre-tax profit of NOK 54m ($6.3m) in 2018 against a NOK 507m loss a year earlier. The company, which delisted from the Oslo Stock Exchange in 2015, reported revenue of NOK 5.4bn last year, up from NOK 4.9bn in 2017. The privately owned Norwegian cruise and ferry company earns money both on subsidised coastal operations, carrying
Camilla Grieg stepping down at Grieg Star after 20 years Former Odfjell IT man Matt Duke taking over as co-owning Grieg sisters look to the future.
Abandoned K Line car carrier under tow A car carrier abandoned by crew off the Philippines following a fire is now under tow. The 6,400-ceu Diamond Highway (built 2004) was off Recto Bank in the West Philippine Sea at the time of the blaze, the Philippine Coast Guard said on Monday. Charterer K Line of Japan confirmed all crew members disembarked the vessel and were unharmed. "According to the shipowner, the vessel is currently unde
Hermitage tipped for profit jump as it raises $5m US OSV player Hermitage Offshore Services has added another $5m in funds as its profit was tipped to jump. The former Nordic American Offshore, which was taken over by the Scorpio group, sold an additional 1.42m common shares under its previously announced equity line for $3.5 each, it said. Newly-named Hermitage Offshore starts in the red Nordic American Offshore asks for new name A total of
Braemar's James Gundy gets stock worth $0.46m Braemar ACM chief executive James Gundy has been awarded stock worth £363,000 ($460,000) as an annual bonus. Braemar Shipping Services shares jump following strong shipbroking performance Braemar Shipping Services said he will receive 194,000 ordinary shares under its deferred bonus plan for the 2018/19 financial year. The stock is part of his bonus and vests after three years. Braemar's share
Solstad Offshore buys more time for debt talks Restructuring OSV giant Solstad Offshore has gained more time to seal a refinancing deal with creditors. The company, backed by John Fredriksen and Kjell Inge Rokke, has extended a debt payment suspension and deferral agreement to 31 October, from 20 June previously. Solstad still eyeing financial restructuring amid balance sheet pressure Solstad Offshore offloads elderly supply ship The compa
Klaveness happy to wait as it tweaks Cleanbu deliveries and specs Norway's Klaveness Combination Carriers (KCC) has postponed delivery of its second and third Cleanbu ships to allow for efficiency modifications. The company had also put back the handover of the first, the 82,000-dwt Baru (built 2019), as it sought to optimise deployment. Klaveness Combination Carriers ship attracts 200% rate premium Klaveness adds four more options to Cleanbu series CEO Enge
Container shipping shifts from M&A to vertical integration Rating agency Fitch says consolidation wave in container shipping is "approaching its end".
Iran shoots down US drone over Strait of Hormuz Incident took place close to where Front Altair and Kokuka Courageous were targeted.
Winson sells aframax for $1.6m profit after less than 18 months Hong Kong's Winson Group is pocketing a gain on the sale of an aframax tanker that it bought less than 18 months ago. US and European brokers said the 105,500-dwt Ever Rich No 18 (built 2003) has been sold to an undisclosed buyer for $14.3m. Winson Oil tied to purchase of VLCC Winson paid only $12.7m for the ship in February 2018, buying it as Maersk Privilege from Maersk Tankers. The Sumit
Shanghai Gentco Logistics hires key executive from rival Former Sinochem International Logistics hires back general manager of a competitor that lured her away nine years ago
Port of LA commission upholds APM Terminal permit The commission voted 3-2 Thursday to deny an ILWU appeal of a permit that allows APM Terminals to test automated terminal equipment at Pier 400.
MSC Gayane cocaine seizure largest in CBP history Six crew members have been arrested on federal charges and face possible life sentences after about 17.5 tons of cocaine were found on the ship in Philadelphia.
US work on USMCA encourages Mexican ambassador State-to-state dispute settlement issue potentially could be solved through an exchange of letters, says executive of Mexican business association.
Former WWL CEO picked to lead AAPA Chris Connor will succeed Kurt Nagle, the American Association of Port Authorities' president and CEO since 1995.
Hiring of CBP officers significantly increases Hiring bonuses help attract officers in hard-to-fill locations, senior official says.
Witnesses: 'Double tax' hurts US short sea shipping The Harbor Maintenance Tax is a disincentive for short sea shipping because it is imposed at both the port of entry and secondary port, a House subcommittee was told.
Bill heightens US export controls for Hong Kong Responding to Hong Kong's proposed extradition legislation, Congress aims to shut down the territory's transshipment channels to China and other sanctioned countries.
DFDS, Volvo collaborate on autonomous container truck
Manufacturer optimism dips in Q2
United first US carrier to lease SkyCell containers
USTR to open e-portal for China List 3 exclusion requests
DSV executives replacing Panalpina board
WISTA Norway presents Hammer with LeaderShip Award
Trump calls US drone attack a mistake by Iran, oil prices rise "This is a new wrinkle, a new fly in the ointment what happened, shooting down a drone," Trump said.
Cruise ship operator Carnival sees LNG as today's best low-CO2 marine fuel option "We invested in LNG because frankly it's the best, most widely available fuel today, which addresses all of the current regulations," Strang said.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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