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  • Hyundai Heavy Bags LPG Storage Tank Deal in Nigeria
    Hyundai Heavy said it plans to start to build the tanks in May and is set to deliver the tanks to Nigeria's Dangote Oil Refining Company, Africa's largest refinery, beginning in April 2019. The 15 cylindrical tanks - each being eight meters in diameter and 95 meters in length - can hold 75…

  • Hamburg Süd Adds 8,000 New Containers
    More than 8,000 brand new containers with the distinctive red exterior paint and white lettering Hamburg Süd have been delivered by the container factory of Maersk Container Industry (MCI) in the Chinese city of Dongguan. The 40’ high cube standard…

  • Yang Ming Marine Offers Korea-Vietnam-Thailand Service
    Taiwan-based ocean shipping company Yang Ming Marine Transport Corporation announcesdthat it will provide Korea-Vietnam/Thailand service (KVX) as of March 7th, 2018. The calling port rotation of KVX service is: Incheon–Ulsan–Busan–Shekou–Ho…

  • US Lays Keel onits 21st Littoral Combat Ship
    The Lockheed Martin (LMT)-led industry team officially laid the keel for the U.S. Navy's 21st Littoral Combat Ship (LCS), the future USS Minneapolis-Saint Paul, in a ceremony held at Fincantieri Marinette Marine in Marinette, Wisconsin. Ship…

  • Diana Shipping Reports Loss for 4Q
    Greece-based Diana Shipping inc. (DSX) has reported a loss of $436.9 million in its fourth quarter. The net loss attributed to common stockholders of $438.4 million for the fourth quarter of 2017, including a $422.5 million impairment loss.

  • Teekay Offshore Partners Up on Revenue
    Teekay Offshore Partners reported fourth quarter revenue at USD 295.7mln versus USD 274.9mln year ago, registering a growth of +7.6% YoY basis. “During the fourth quarter of 2017, we generated higher cash flow from vessel operations driven mainly…

  • First Women in Maritime Taskforce Meeting Held
    UK Maritime Minister Nusrat Ghani MP joined the first meeting of maritime sector's new Women in Maritime Taskforce, demonstrating government support for the initiative. At the meeting she said: “This task force will be crucial in opening up…

  • Hyundai Merchant Marine Crosses 10,000 TEU in US Premium Service
    South Korea's Hyundai Merchant Marine (HMM) said that its handling volume of US Premium Service reached over 10,000 TEU as of the end of January. Since May last year, HMM has provided US Premium Service in PS1, PS2, and PN2 routes connecting…

  • GD Electric Boat Wins Funds for Future Sub R&D
    General Dynamics Electric Boat, Groton, Connecticut, is being awarded $8,788,219 for cost-plus-fixed-fee modification P00023 to previously awarded contract (N00014-13-C-0187) for the future submarine science and technology research effort. Electric…

  • Oil from Sunken Tanker Sanchi Reached Japan's Shores
    Oil that reached islands in southern Japan earlier this month is highly likely to have come from the sunken Iranian tanker Sanchi, the Japan Coast Guard said on Thursday. Samples of oily matter that washed up on Feb. 8 on the shores of the Okinoerabu…

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