ΙMO Ballast Water delay prompts revision of intermediate‐term tanker supply view

Older tankers have been given a new lease of life, meaning that the tanker market’s tonnage oversupply...

ICS backs proposal to delay ballast water convention implementation for existing ships

The International Chamber of Shipping (ICS) is backing a proposal to the IMO to delay the implementation of the...

Maersk Line Delays Nine Deliveries, Sinks into Red

Danish container carrier Maersk Line has decided to postpone the delivery of its nine 14,000 TEU vessels currently under construction with delays between one month and one year.

Hydrex Averts Panama Canal Delay With Underwater Sterntube Renewal

Hydrex Underwater Technology has assisted an excavation vessel hemorrhaging oil from a stern tube seal entangled with steel wire to pass safely through the Panama Canal.

LPG Carrier Quartet Postponed at Hyundai Mipo

Ulsan-based shipbuilder Hyundai Mipo Dockyard has agreed to push the deliveries of four liquefied petroleum gas (LPG) carriers, the company said in a stock exchange filing.

Euronav Pushes Delivery of Two VLCCs at HHI

Antwerp-based tanker owner and operator Euronav NV has agreed with South Korean shipbuilder Hyundai Heavy Industries (HHI) to defer the delivery of the two VLCC ex-yard resale vessels it recently purchased to the first quarter of 2017.

Bourbon gas shipping foray hits financing delay

Bourbon has delayed its $320m foray in ethane shipping from parent Jaccar Holdings as it takes longer to secure...