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Expanded Panama Canal Tops Expectations in First Year

Expanded Panama Canal Tops Expectations in First YearOn its way to further position Panama as the logistics hub of the Americas, the Expanded Panama Canal has set a number of records and surpassed expectations in its first year of operations, resulting in redrawn global trade routes.

Irish Shipping Volumes Off to a Good Start

Irish Shipping Volumes Off to a Good StartShipping and port activity in Ireland rose by 7% in the first quarter of 2017 when compared to the corresponding period of 2016, Irish Maritime Development Office (IMDO)

Spain: Workers Suspend Strikes as Companies Quit Anesco

Spain: Workers Suspend Strikes as Companies Quit AnescoThe Spanish stevedoring unions have decided to shelve their strike plans for the rest of this month as a sign of good will.

IMO: Integrated Approach to Maritime Sector Needed for Economic Stability, SD

IMO: Integrated Approach to Maritime Sector Needed for Economic Stability, SDEconomic stability and sustainable development can be driven by an integrated approach to the maritime sector, including ports

Port of Felixstowe Welcomes World’s Largest Boxship

Port of Felixstowe Welcomes World’s Largest BoxshipThe 21,413 TEU OOCL Hong Kong made its maiden call at Hutchison Ports’ Port of Felixstowe on June 21. The call also marked the return of Orient Overseas Container Line (OOCL) to the UK’s largest container port after a 17-year absence.

Sweden Inaugurates Expanded Port of Kapellskäras

Sweden Inaugurates Expanded Port of KapellskärasSweden has completed a three-year refurbishment and expansion project at the country’s port of Kapellskäras the port prepares to welcome the vessels of the future.

Canadian tankers Travestern and Havelstern collision, Newfoundland

Canadian tankers Travestern and Havelstern collision, NewfoundlandThe Transportation Safety Board of Canada is investigating a collision between two coastal fuel tankers along Newfoundland’s north coast.

Norwegian OSV Mega-Merger Completed

Norwegian OSV Mega-Merger CompletedThe world’s largest high-end offshore service vessel company was created Wednesday with the completion of the mergers involving former Norwegian offshore shipping companies Farstad Shipping

Two Shipping Companies to Pay $1.9 Million Fine Over Illegal Dumping, Cover-Up

Two Shipping Companies to Pay $1.9 Million Fine Over Illegal Dumping, Cover-UpTwo international shipping companies have pleaded guilty in U.S. federal court in Beaumont

AET’s New LNG-Fueled Shuttle Tankers to Work for Statoil

AET’s New LNG-Fueled Shuttle Tankers to Work for StatoilTanker owner and operator AET, a part of MISC Berhad, has confirmed an order for two shuttle tankers, which will be chartered to Norwegian oil and gas major Statoil.

South Africa Rejects Japanese Trio’s Merger Deal

South Africa Rejects Japanese Trio’s Merger DealThe South African Competition Commission has decided to block the proposed merger between Japan’s big three container shipping companies.

MSC Buys Remaining Stake in Brazil’s Portonave

MSC Buys Remaining Stake in Brazil’s PortonaveSwiss container shipping giant Mediterranean Shipping Company (MSC) has taken full control at Brazil’s port operator Portonave as it purchased the remaining shares in the company.

SCPA Approves Largest Capital Plan to Date

SCPA Approves Largest Capital Plan to DateThe South Carolina Ports Authority (SCPA) board of directors adopted a 2018 fiscal year financial plan that includes six percent pier container growth, USD 251.1 million operating revenues

USCG Issues Updated BWMS Approval to Sunrui

USCG Issues Updated BWMS Approval to SunruiThe United States Coast Guard (USCG) Marine Safety Center has issued an updated type approval certificate to China-based Sunrui Environmental Engineering for the company’s BalClor ballast water management system (BWMS).

Muted Impact of Qatar Crisis on LNG Sector

Muted Impact of Qatar Crisis on LNG SectorThe severing of diplomatic ties between Qatar and its neighbors in the Gulf has caught the market off guard, causing a lot of concern amid growing uncertainty surrounding the impact of the crisis on the shipping industry.

Newbuilt Panamax Added to Golden Ocean’s Fleet

Newbuilt Panamax Added to Golden Ocean’s FleetNasdaq-listed dry bulk shipping company Golden Ocean Group Limited has added one more bulker, bought in March this year within a 16-vessel deal, to its fleet.

Golar LNG, Delfin Midstream Team Up on Delfin LNG

Golar LNG, Delfin Midstream Team Up on Delfin LNGDelfin Midstream and Golar LNG Limited have entered into a joint development agreement for the Delfin LNG project, off the coast of Cameron Parish, Lousiana utilising Golar’s FLNG technology.

Norden Acquires One More MR

Norden Acquires One More MRDanish shipping company Dampskibsselskabet Norden A/S revealed it has bought a 2010-built MR product tanker.

Carrier Reliability Up in May

Carrier Reliability Up in MayCarriers’ overall on-time schedule reliability improved 4.7%, increasing from 58.6% in April 2017 to 63.3% in May 2017, according to the latest data provided by intelligence provider CargoSmart.

OOIL Denies Reports on OOCL Sale Talks

OOIL Denies Reports on OOCL Sale TalksOrient Overseas International Ltd (OOIL) has refuted media reports which inform that the company is involved in talks to sell its subsidiary Orient Overseas Container Line (OOCL).

Port of Tauranga Marks Million-Container Milestone

Port of Tauranga Marks Million-Container MilestonePort of Tauranga set a new container throughput record of more than one million TEUs processed in a year – a first for any New Zealand port.

Fitch: Capacity Cuts Crucial in Container Shipping Recovery

Fitch: Capacity Cuts Crucial in Container Shipping RecoveryDespite a modest increase in freight rates seen in 2017, a sustainable recovery in the container shipping market would be possible only by reaching a viable supply-demand balance through capacity cuts, Fitch Ratings said.

Spotted: Teekay’s 1st LNG Carrier Built in China Aces Sea Trials

Spotted: Teekay’s 1st LNG Carrier Built in China Aces Sea TrialsPan Asia, the first of four 174,000 cbm Tri-Fuel Diesel Electric (TFDE) liquefied natural gas (LNG) carrier newbuildings to be constructed by Chinese shipbuilder Hudong-Zhonghua Shipbuilding, has completed sea trials off the coast of Shanghai in the East

Prysmian to Supply World’s First Hydrogen Vessel

Prysmian to Supply World’s First Hydrogen VesselEnergy Observer, the world’s first catamaran powered solely by renewable energy and CEA Liten, a research institute that developed the project

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