Latest News

Asia Tankers-VLCC Rates Await Market Pointers

Asia Tankers-VLCC Rates Await Market Pointers

Freight rates for very large crude carriers (VLCCs) face an uncertain week, possibly coming under pressure from a dearth of new Middle East cargoes but they could also find support from geopolitical tensions over Qatar, brokers said. ...

Read more...

LNG Carrier Crossing Suez Canal with Qatari Cargo

LNG Carrier Crossing Suez Canal with Qatari Cargo

A liquefied natural gas (LNG) carrier Wilforce is transiting the Suez Canal fully-loaded with Qatari LNG, the vessel’s latest AIS data shows. ...

Read more...

Philly Shipyards to Build Four Containerships

Philly Shipyards to Build Four Containerships

Jones Act shipbuilder Philly Shipyard, Inc. (PSI), a wholly-owned subsidiary of Oslo-listed Philly Shipyard ASA (PHLY), says it has initiated construction of up to four new containerships to operate between the U.S. mainland and Hawaii as part of new liner service it intends to form. ...

Read more...

EasyMax nominated for KVNR Shipping Award 2017

EasyMax nominated for KVNR Shipping Award 2017

The latest vessel design of Wagenborg, the EasyMax has been nominated for the prestigious 'KVNR Shipping Award', which will be awarded in November 2017. ...

Read more...

New Challenges for Mega Groups as Ocean Alliance

New Challenges for Mega Groups as Ocean Alliance

Ocean carriers CMA CGM, COSCO Container Lines, Evergreen and OOCL have signed a Memorandum of Understanding to form a new mega-alliance designed to challenge Maersk Line and MSC’s 2M grouping on east-west trades. ...

Read more...

RMT: Vote to Leave EU to Stop Scottish Ferries Privatization

RMT: Vote to Leave EU to Stop Scottish Ferries Privatization

UK’s Transport union RMT called for a vote to leave the EU in the forthcoming EU referendum in order to prevent the Scottish ferry operator Caledonian MacBrayne’s (CalMac) services from being privatized, the union said on April 18. ...

Read more...

Singapore Leads in Fleet Value per Capita

Singapore Leads in Fleet Value per Capita

Singapore owners control nearly 2,000 deep-sea going vessels with a total value of USD 35.4 billion, what makes Singapore a leading nation when it comes to vessel ownership in USD terms per capita, according to valuation provider VesselsValue. ...

Read more...

Safe Bulkers Sells and Leases Back Kamsarmax Quartet

Safe Bulkers Sells and Leases Back Kamsarmax Quartet

NYSE-listed dry bulk shipping company Safe Bulkers, Inc. has entered into a sale and leaseback agreement with an undisclosed bank for four of its existing Kamsarmaxes. ...

Read more...

Stena signs contract for four new RoPax ferries

Stena signs contract for four new RoPax ferries

Stena Line has signed a contract, subject to Board approval by the end of April, for an order of four new RoPax ferries with planned delivery during 2019 and 2020, with an option for another four vessels. ...

Read more...

Two Killed in Tanker Explosion in Germany

Two Killed in Tanker Explosion in Germany

At least two people were killed in what has been described as a large explosion aboard an inland tanker berthed in Duisburg, Germany. ...

Read more...
CV. LIFERAFTS ASIA © 2017
- Develop By ZFWeb