2 MOL-operated / managed Vessels Selected as 2016 ‘Best Quality Ships Award’

Mitsui O.S.K. Lines, Ltd. today announced that two MOL-operated and managed vessels – the wood chip carrier...

Dry bulk and tanker newbuild contracts 20% higher than 2016

Newbuild contracts have been signed for the dry bulk and tanker shipping industries at an increasing pace so far...

The American Club Reports Solid Progress In 2016 Despite Challenging Business Climate

Despite a challenging business climate, the American Club reported solid progress during 2016, the closing year of...

2016 Global LNG trade jumps 5% to set new record for third consecutive year, as LNG comes to the fore as a fuel of choic

The International Gas Union (IGU) today released its 2017 World LNG Report, examining the current state of the Global LNG Industry.

Seanergy Acquires One More Capesize Bulker

Greek dry bulk ship owner and operator Seanergy Maritime capped a busy first quarter of 2017 by acquiring its third Capesize vessel in the past six months.

Yang Ming Posts Almost Doubled Loss in 2016

Taiwanese shipping company Yang Ming Transportation Corporation (Yang Ming) widened its net loss in 2016, reaching TWD 14.9 billion (USD 493 million) when compared to a net loss of TWD 7.7 billion (USD 258 million) seen in 2015.

Infographic: Nigerian Pirate Activity in 2016

The Gulf of Guinea continues to be one of the most dangerous bodies of water in the world for merchant shipping. Pirates from the Niger Delta have been responsible for attacking commercial vessels throughout the wider region, conducting armed robberies, s