Hapag-Lloyd Gets Ratings Upgrade from Moody's
The international rating agency Moody’s has upgraded the German cargo container shipping line, Hapag-Lloyd AG's corporate family rating (CFR) to B1 from B2 and its…
IMO Readies for Sulphur 2020 Limit
International Maritime Organization (IMO)'s Sub-Committee on Pollution Prevention and Response (PPR) meets this week (18-22 February) at IMO headquarters.According to the UN body…
VT Halter: $1.5m Design Deal for NOAA Ship
VT Halter Marine was selected for Phase 1 Preliminary/Contract design for the National Oceanic and Atmospheric Administration (NOAA) AGOR Variant (NAV). For the…
RCL Orders Oasis Class Cruise Ship
Royal Caribbean Cruises Ltd. entered into an agreement with French shipbuilder Chantiers de l'Atlantique to order a sixth Oasis-class ship for delivery in the fall…
GTT Wins SHI LNG Tank Design Deal
GTT won an order from Samsung Heavy Industries (SHI) for the tank design of a new 174,000 cu. m. LNG carrier (LNGC), on behalf of the Danish ship-owner Navigare.The…
Inside the World's Top Ferry Lines
The ferry business, unlike more industrial parts of the shipping business, touches wide swaths of the world’s population across continents. The membership of Interferry, the leading trade group for the industry, with non-Governmental organization (NGO) status at the International Maritime Organization (IMO) includes 200+ members from all parts of the ferry spectrum. These include passenger ferries (including fast ferries), Ro/Pax and cruise ferries operating globally.
New Power for Alaskan Classic
Thousands of people travel Alaska on mega-cruise ships each year, but only a handful get to cruise Alaskan waters on the immaculate M/V LISERON. Built in Seattle in 1952 by the US Navy as a minesweeper she was sold to France, but returned to Seattle in 1990 after being lovingly converted to yacht-class in Florida.The late Michael Allan McIntosh, philanthropist and environmentalist, founded The Boat Company in 1979, initially as a program of The McIntosh Foundation.
Naval incident off of Gibraltar
There was no incursion by Spanish naval forces during an incident near Gibraltar at the weekend, a spokesman for British Prime Minister Theresa May said on Monday.Gibraltar…
Stena RoRo acquires Japanese RoPax
Stena RoRo has purchased the ferry Yamato from the Japanese shipping company Hankyu Ferry. The vessel will be rebuilt at a shipyard in Europe and be fully adapted to European standards…
World’s Largest Offshore Wind Farm Generates First Power
The first turbine of the 1,218-MW Hornsea 1 offshore wind farm in the North Sea, the world’s biggest such facility, has been installed and is now generating power.Matthew Wright…
Excelerate, Equinor Perform First STS LNG Transfer
The first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) was completed in The Bahamas by Excelerate Energy and Equinor Energy AS.According to Excelerate…
Sunken Stellar Daisy Located
The Stellar Daisy, a massive South Korean tanker that sank in March 2017, was spotted on the floor of the South Atlantic Ocean nearly two years later.Exploration…
Suez Canal Extends Bulker Toll Discounts
The Suez Canal Authority (SCA) has extended discounts concerning dry bulk vessels operating between American and Asian ports after considering “new changes in the…
Polaris Bunkered in Finland
The world’s first LNG-fueled icebreaker, Polaris, received liquefied natural gas (LNG) fuel in January from the Pori LNG import terminal and in February from the…
Philippine Lenders Saves South Korea's Hanjin
The troubled South Korean shipbuilder Hanjin Heavy Industries & Construction Co said that it has reached an agreement with Philippine banks on debt-rescheduling for its Philippine affiliate HHIC-Phil…
Lloyds Approves New Scrubber Technology
The Netherlands-based Value Maritime has received the International Air Pollution Prevention (IAPP) certificate from Lloyds for its scrubber system.A press release…
DSME Bags LNG Carrier Order from Maran Gas
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for a liquefied natural gas (LNG) carrier from Greece-based…
Diana Shipping Sells Two Panamax Dry Bulkers
Diana Shipping announced that it has signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to sell to two affiliated parties, the m/v Danae and m/v Dione…
KHI Delivers New LNG Carrier
Japanese manufacturer Kawasaki Heavy Industries (KHI) delivered the Shinshu Maru, a 177,000 m3 capacity liquefied natural gas (LNG) transport vessel for use by Trans…
Anadarko, Bharat Petroleum Sign LNG Deal
American petroleum and natural gas exploration and production company Anadarko, on behalf of the Mozambique Area 1 partners, signed a deal with Bharat Gas Resources…