The first in a series of six LNG-fueled neo-Panamax containerships has successfully completed sea and LNG gas trials in Korea. The ships are being built for Singapore-based Eastern Pacific Shipping at the
Saying that it sees “attractive dry cargo asset opportunities after a long period with declining values,” Danish operator Norden A/S has added two more Ultramax vessels to its existing newbuilding series on
Video posted today by Le Mauricien newspaper showed continuing efforts by Mauritians — many of them volunteers — to clean up oil spilled from the Capesize bulker Wakashio, which grounded off the
Eagle LNG Partners (Eagle LNG) and Crowley Maritime on Friday celebrated the 100th bunkering of a Crowley LNG fueled ConRo at Eagle’s Port of Jaxonville, Fla., Talleyrand LNG Bunker Station. Eagle LNG
The no sail orders imposed in response to the coronavirus pandemic continue to put the cruise industry under huge financial pressure. Royal Caribbean Group (NYSE: RCL) today reported a U.S. GAAP net
The world shipbuilding order book for dry bulk, container and tanker ships has reached its lowest point in 17 years. BIMCO says that COVID-19 has massively slowed contracting (down 50%), though deliveries
U.S.-flag tank vessel operator Overseas Shipholding Group, Inc. (NYSE: OSG) reported second quarter results that included net income of $6.4 million, compared with a net loss of $1.7 million for the second
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today reported financial results for the second quarter ended June 30, 2020. The company’s second-quarter GAAP net loss was $715.2 million or $2.99 per share
Crews on at least three ships in Australian waters have stopped working their ships following expiration of their contracts. The seafarers are bidding for repatriation as the crew change crisis caused by
Yokohama headquartered Ecobunker Shipping yesterday held a naming and launching ceremony for Japan’s first bunkering tanker capable of ship-to-ship deliveries of both LNG and VLSFO (very low sulfur fuel oil).’ Being built