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,…
DFDS Orders New Freight Ferry
DFDS has exercised an option to order an additional freight ferry (ro-ro) newbuilding from the Chinese Jinling Shipyard.Similar…
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…
Danaos Corporation Slashes Debt
Danaos Corporation, a leading international owner of containerships, has announced the consummation of its previously announced debt refinancing…
Low Water Still Troubles River Shipping in Germany
Water levels on the Rhine and Danube in Germany remain low after a recent drought and freight vessels cannot sail fully loaded on the rivers…
More Ships Adding Scrubbers ahead of 2020
An increase in the number of ships adding cleaning systems to their smokestacks will mean vessels will continue to burn a…
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Top Maritime News
ZEABORN Combines E.R. Schiffahrt and Rickmers
The ZEABORN Group announced it has combined its two recently acquired Hamburg-based ship management companies to form one global brand
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
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