Seventh Regional Office Opened by IMO in Fiji
the IMO is set to establish its seventh Regional Presence Office in Suva, Fiji, following a Memorandum of Understanding signed on March 18th.
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Ultramax Newbuild Contract Won by China's New Dayang
Chinese shipbuilder New Dayang has clinched new orders for ultramax bulk carriers from China Construction Bank (CCB) Financial Leasing.
81 Year Old Great Lakes Cargo Vessel Catches Fire
The US Coast Guard reported a fire on the Cuyahoga, the oldest operational cargo ship navigating the Great Lakes.
New Service Network Debuted by OCEAN Alliance
The OCEAN Alliance, comprised of maritime giants CMA CGM, COSCO, Evergreen, and OOCL, has unveiled its refreshed service offering.
CMA CGM's 15,000 TEU Vessel Docks in PortMiami
PortMiami saw the docking of the CMA CGM Bali on March 11. The container vessel boasts a 15,000 TEU capacity & serves the Manhattan Bridge route.
Thai Workers to Help Clear South Korean Shipyard Backlog
3,000 Thai welders and mechanical technicians will be dispatched to the five largest shipyards in South Korea.
LPG/Ammonia Carrier Named by Astomos Energy & NYK
NYK, in partnership with Astomos Energy Corporation recently celebrated the naming ceremony for their newly constructed LPG/Ammonia carrier.
Emboldened Pirates Plan Further Attacks Off Somalia
Following a successful hijacking earlier itn the week, Somali pirates have ventured back to the ocean in pursuit of additional vessels nearby.
UK Visa Law Changed Creating Potential Issue for Seafarers
Adjustments to British visa policies may put international crew at risk of being marooned in the UK should there be outstanding healthcare fees.
Seapath Launches Jones Act Leasing Business
Seapath, a subsidiary of the Libra Group, has initiated a Jones Act leasing operation, having already completed initial transactions worth $25M.
LNG-Powered Car Carrier, Cerulean Ace, Delivered to MOL
The Cerulean Ace, a new LNG-powered car carrier, was recently received by Mitsui O.S.K. Lines (MOL) from Shin Kurushima Dockyard.
Hapag-Lloyd Extends Habben Jansen's Contract to 2029
Rolf Habben Jansen has guided the company to its highest profits to date sees his Hapag-Lloyd tenure as CEO renewed until 2029.
Four New VLCCs Worth $520M Ordered by Ray Car Carriers
Ray Car Carriers has placed an order for four VLCCs with HD Korea Shipbuilding and Offshore Engineering in South Korea for a total of $520 million
SEA REWARD Loyalty Scheme Launched by CMA CGM
In a move to mirror the perks of air travel rewards, French shipping company CMA CGM has recently launched a loyalty program for its customers.
Suezmaxes Proving Still popular with Greek Owners
The demand for new tanker ships among Greek shipping companies continues to be strong, especially in the suezmax category.