Hapag-Lloyd Expects Rising Freight Rates in 2017
Moderate increases in freights to be achieved in 2016; new Alliance membership starts on April 1. German container shipping…
Damen's Mobile BWTS Receives IMO Type Approval
Damen said its mobile ballast water treatment system has received type approval from the International Maritime Organization (IMO).
Songa Bulk Buys Kamsarmax Pair
Songa Bulk has sealed two more bulker acquisitions as its fleet. According to a report in Reuters, the company entered into…
Emas Offshore Braces for Ezra’s Bankruptcy
The EMAS Offshore (EOL) board of directors warns that the Chapter 11 filing of parent company Ezra Holdings may negatively…
Wärtsilä Launches SmartPredict
The technology group Wärtsilä launches its latest innovation SmartPredict at this year's Seatrade Cruise Global exhibition in Fort Lauderdale, Fla.
US O&G Industry Reaps the Benefits of International Trade
Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when…
CNOOC Reports Worst Result Since At Least 2011
China's offshore oil and gas producer CNOOC Ltd reported its worst annual result since at least 2011, with revenue from its…
BW LPG Refinances Six Ex-Aurora Ships
BW LPG Limited has signed a Debt Facility Agreement of USD290 million for the re-financing of six 2016 built ex-Aurora ships.
Trump's Navy: A Look at the Future US Navy
It’s still too early to know for certain what the new administration will do about building up the U.S. Navy, as the numbers are a moving target.
Clean Shipping on the Great Lakes
Maritime Reporter & Engineering News recently spoke with Mark Barker, president of The Interlake Steamship Company
Container Shippers Ordered to Testify in US Investigation
The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation into an
Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates
German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday