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Norway to Aid Iran's Fleet

Nov 26, 2017

Iran's tanker shipping company plans to expand cooperation with Norwegian suppliers of parts for oil tankers, Financial Tribune daily reported. National Iranian Tanker Company (NITC) head Sirous Kianersi quoted as saying that NITC has been…

Addressing Today’s Shipping Challenges with Software Solutions

Oct 31, 2017

Technology will prove the game changer for the shipping industry. The shipping industry faces many challenges. The growth in fleet volumes at a time of global economic slowdown has resulted in excess supply and falling demand, which has had a major impact on profitability…

CMA CGM among the Top Companies for Trainees

Oct 20, 2017

French based CMA CGM Group is one of the world’s largest maritime transport firms. It is also a top company for trainees, a recent survey found.After ranking 11th last year, CMA CGM reached 7th place in the Happy Trainees ranking, which…

Euroseas Acquires Vessels and Full Ownership of Euromar

Sep 12, 2017

Euroseas announced that it signed a memorandum of agreement to purchase the M/V EM Athens and EM Oinousses, both feeder size containership vessels of 2,506 teu built in 2000.  The Company also announced that it acquired the option to purchase from Euromar two additional container vessels…

Hapag-Lloyd Issues Euro Bond Worth EUR 300mln

Jul 04, 2017

Hapag-Lloyd AG, a leading global container shipping company, launched a euro bond offering with a volume of EUR 300 million and a maturity of seven years.  The proceeds will be used for the early redemption of the company’s euro bond due…

K Line, MOL, NYK Announce Container Business Merger

Jul 02, 2017

Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK)  announced the establishment of a holding company and an operating company, for the integration of the three companies' container shipping businesses…

GE Shipping Buys New Vessel

Mar 18, 2017

The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Supramax Dry Bulk Carrier of about 52,450 dwt.  The 2006 built vessel is expected to join the Company’s fleet in Q1 FY18. The Company’s current fleet stands at 43 vessels…

New Media Simulator Brings Maritime Exercises to Life

Mar 03, 2017

Baltic Exchange based global crisis communications company, Navigate Response, has launched a social and mainstream media simulator to improve the realism of shipping industry exercises and enhance companies' crisis response preparations.  The online platform…

Ong Appointed Company Secretary, Triyards Holdings

Jul 18, 2016

The Board of Directors of Triyards Holdings Limited announced that Mr. Yeo Keng Nien has resigned as the Company Secretary of the Company with effect from 15 July 2016.The Board would like to thank Mr. Yeo Keng Nien for his contributions…

CSCL to Change Name to Cosco Shipping Development

Jul 04, 2016

China Shipping Container Lines (CSCL) has proposed to change its name to Cosco Shipping Development Co (CSDC), in line with the company’s future business strategy and as a group member of China Cosco Shipping Corporation (Coscocs). 'China Shipping Container Lines Co…

G E Adds a Kamsarmax Dry Bulk Carrier Jag Ajay

Jul 02, 2016

The Great Eastern Shipping Company took delivery of a new building Kamsarmax dry bulk carrier Jag Ajay.  Great Eastern Shipping Company Ltd has informed the Bombay Stock Exchange regarding a Press Release dated June 30, 2016 titled: G E…

Star Bulk Sets Terms on Reverse Stock Split

Jun 19, 2016

Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares.  The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the…

Safe Bulkers Regains Compliance with NYSE

Jun 03, 2016

Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it was notified by the New York Stock Exchange (“NYSE”) that the Company has regained compliance with the…

China Merchants to Change Name

Apr 01, 2016

China Merchants Holdings (International) Company has proposed to change its name to China Merchants Port Holdings Company Limited.  The proposed change is subject to approval by shareholders through a special resolution at the AGM and confirmation by the Registrar of Companies in Hong Kong…

New Hirings at Dan-Bunkering

Feb 05, 2016

Bunker trading company Dan-Bunkering has announced the employment of Morten Dehn as the company’s new Group Key Account Manager and Jane Bisgaard as Group Financial Business Partner. Dehn is 44 years old and is, among other things, in possession of extensive knowledge within fuel procurement…

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