Shipping confidence dips a little

JUNE 30, 2014 — Overall confidence levels in the shipping industry fell slightly during the three-month period to May 2014 but remain at their second-highest level for the past six years. The

Foss vessels win Devlin safety awards

JUNE 6, 2014—The Chamber of Shipping of America (CSA) has recognized Foss Maritime’s commitment to safety by awarding 73 vessels for outstanding safety records. The 73 Foss vessels were recognized as 2013 Jones

Acquisition takes Crowley into international ship management

APRIL 8, 2014 — Crowley Maritime Corporation reports that it has acquired majority ownership of Accord Ship Management (HK) Limited and Accord Marine Management Pvt. Ltd. The Accord acquisition will be managed

CSAV cops plea, will pay $8.9 million fine

FEBRUARY 28, 2014 — In the first in what could turn out to be a series of antitrust charges against shipping companies, Compañía Sud Americana de Vapores S.A. (CSAV), a Chilean corporation,

Moore Stephens sees brighter shipping fortunes by 2015

JANUARY 10, 2014 — International accountant and shipping adviser Moore Stephens shipping partner Richard Greiner has been dusting off his crystal ball. He believes that the shipping industry’s fortunes should be noticeably

Knut Ørbeck-Nilssen to head DNV GL Maritime

DECEMBER 17, 2013 — Knut Ørbeck-Nilssen has been appointed president of DNV GL Maritime. He will take on the role January 1, 2014. He will be member of the DNV GL Executive

ICS opposes changes to accounting rules on leases

SEPTEMBER 24, 2013 — The International Chamber of Shipping (ICS), has submitted detailed comments to the International Accounting Standards Board (IASB) on proposals to overhaul international accounting rules for leases that could

Ardmore Shipping releases first results since IPO

AUGUST 26, 2013 — Cork, Ireland, headquartered Ardmore Shipping Corporation (NYSE: ASC) today reported results for the three and six months ended June 30, 2013. The results are Ardmore’s first to be

Vard books second OCSV order from Farstad

AUGUST 21, 2013 —  Vard Holdings Limited has secured a new contract worth about NOK 800 million for the design and construction of an offshore subsea construction vessel (OSCV) for Norway’s Farstad

KKR forms $580 million Maritime Finance Company

AUGUST 20, 2013 — Global private equityy investment firm KKR (Kohlberg, Kravis and Roberts) today announced the formation of Maritime Finance Company, a new specialty finance company created to lend to the

LOAD MORE