South Korea’s National Pension Service (NPS), one of the main debt holders of Daewoo Shipbuilding & Marine Engineering (DSME), has decided to work with the shipbuilder’s creditors in an effort to...
Canadian ferry owner and operator BC Ferries has unveiled the wrap adorning the hull of Salish Eagle, the second of the company’s three new LNG-powered Salish Class vessels, at its...
The Maritime Holland Business Guide is getting an update before the end of 2017, the chief editor of the guide revealed. The new edition is part of the aim to...
Dutch Port of Rotterdam has seen a 8.8 percent increase by volume to 3.3 million TEU in its container sector during the first quarter of 2017, the port figures show. “For...
Euronav’s crude oil tanker M/T Alex ran aground on Wednesday, April 12th on a soft mud bottom while sailing between Borneo and Sumatra on its way to Ningbo, China. According to the...
Polaris Shipping’s Very Large Ore Carrier (VLOC) Stellar Cosmo has not broken down and is not heading for repairs to Cape Town, as disclosed to World Maritime News. Holman Fenwick Willan...
Indian shipping corporation Essar Shipping Ltd (ESL) has reported a strong operational performance with a 22% growth in cargo handling in fiscal year 2016-17. During this period, the company’s fourteen-vessel...
The service provided by container shipping lines is rated as poor to average and has deteriorated in the past year, according to a survey conducted by Drewry and the European...
UK’s Lerwick Harbour is providing additional facilities for the cruise industry which is expected to deliver another two record seasons at the Shetland port, continuing a trend which saw record...
MOL Triumph, the 20,170 TEU boxship owned by Japanese shipping company Mitsui O.S.K. Lines has been brought into service, the company said. Namely, the world’s second largest containership freshly delivered from...
India’s labour unions, representing dockworkers employed at major ports, have announced an indefinite nationwide industrial action starting April 19, 2017. The ports that are likely to be affected by the strike...
The long-awaited merger agreement between China Merchants Group and Sinotrans & CSC Holdings was finalized on April 10, according to a statement released by Sinotrans Shipping Limited. With the strategic reorganisation, China’s Sinotrans...