Maersk Line’s Reliability Takes a Nosedive in July

Danish container carrier major Maersk Line, a long-term top-performer when it comes to global schedule reliability, fell to the back of the ranking list in July, for the first time ever.

Eli Glickman takes office as President and CEO of ZIM

ZIM Integrated Shipping Services Ltd, one of the top global container carriers, has announced that Eli Glickman (...

Eagle Bulk Takes Delivery of M/V Rowayton Eagle

Eagle Bulk Shipping, Inc. today announced that it has taken delivery of the M/V Rowayton Eagle, the seventh of ...

Norway Institute of Marine Research takes up NaviTab

Norway’s Havforskningsinstituttet (Institute of Marine Research) has announced that it will use NaviTab across...

Kotug Smit Towage takes on three new Damen tugs for sustained operational growth

Damen Shipyards Group will deliver three newbuild tugs to Kotug Smit Towage for its European harbour towage...

State-run creditor takes two-track approach on Daewoo Shipbuilding

The main creditor of Daewoo Shipbuilding & Marine Engineering Co. said Monday it has been preparing for the option of placing the troubled shipbuilder under a sort of court receivership unless all stakeholders agree on a painful debt-for-equity swap plan.

Tankers: Mitsui takes LR1 to ship Iran naphtha to Japan: industry sources

In a significant deal, a Long Range I tanker has been chartered for delivering a parcel of 55,000 mt of Iranian naphtha to Japan next month, several brokers, owners and charterers said Monday.