Container Shipping Bankruptcy Lends Insight on Potential Fallout from Trade War
Global trade tensions have captured headlines in recent months, as the imposition of a series of tariffs and counter-tariffs…
Kongsberg to Power Grimaldi’s Nine New RoRos
Kongsberg Maritime said it has been awarded contracts with Chinese shipbuilder Nanjing Jinling Shipyard Co. to deliver power…
Maersk to Spin off Drilling, Hand Total Shares to Investors
A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year,…
Yang Ming Orders Ten 2,800 TEU Containerships
Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2…
BP Offloads Last Two Stranded Oil Cargoes in China
Oil major BP on Tuesday offloaded about 1 million barrels of Angolan crude from supertanker Olympic Light to an independent…
South Korea Tops Global Shipbuilding Industry in July
South Korea maintained its number one ranking in the global shipbuilding market in July. The South Korean yards were responsible…
VLCC Explodes off Oman Coast
A Shipping Corporation of India very large crude carrier (VLCC) has suffered an explosion in one of its cargo tanks while…
AHEAD OF THE GAME SHIPOWNERS. WHO ARE THEY?
Successful companies think differently, putting sustainable practices at the heart of their business model. Today’s shipping company is no different than any other company in the world.
Top Maritime News
Dutch Superyacht Builders Propelled by Rising Economic Tide
With three lounges, three dining rooms, an open-air jacuzzi, a bar and six luxury cabins, the 50-meter "Aster" is one of Dutch shipyard Heesen's
Fishing Vessel Runs Aground near Santa Cruz
Responders are working to remove fuel from the tanks of a 56-foot commercial fishing vessel that ran aground near California’s Monterey Bay National
Global FPSO Market to Exceed USD 115 bln by 2024.
Global FPSO Market is anticipated to witness growth of 19% and exceed USD 115 billion by 2024. Rising demand of hydrocarbons and increase drilling