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All the latest news and analysis of Global Maritime Events

Teekay and Brookfield Close Strategic Transaction

Teekay Corporation and Teekay Offshore Partners L.P.  today announced that they have completed their previously announced comprehensive transaction with Brookfield Business Partners L.P., together...

MISC Out of Tank Terminal Business

Malaysia's largest shipping line, Malaysia International Shipping Corporation (MISC) Berhad has entered into a Share Purchase Agreement (SPA) with Dialog Group Berhad for disposal...

Hapag-Lloyd Uses Environmentally Friendly Methods for Recycling Ships

Haag-Lloyd has set a standard in the way it is employing environmentally friendly techniques to recycle three of its older container vessels. The ships...

South Korea Aims to Build World’s largest LNG Fuelled Vessel

According to Yonhhap, South Korea intends to launch a pilot program to build the world's largest vessel fuelled by liquefied natural gas (LNG). The move...

COSCO Shipping Energy Transportation Receives USD 55 Million Subsidy

Cosco Shipping Energy Transportation (CSET) announced that it has received a government subsidy of USD 54.9 million under the scrap-and-build policy. The subsidy is part...

President Trump Increases Sanctions Against North Korea

President Donald Trump issued an executive order that intends to impose additional sanctions against North Korea. The move comes on the heels of the recent nuclear missile...

Hapag-Lloyd and GAC Nigeria in Extended Liner Agency Agreement

A liner agency agreement between Hapag-Lloyd and GAC Nigeria has been extended after the merger of the former with United Arab Shipping Company (UASC). Hapag-Lloyd and GAC...

Greenpeace Protestors Arrested After they Board Car Carrier

Two Greenpeace protesters were reportedly arrested after they boarded K-Line’s 23,498-tonne Elbe Highway car carrier. Greepeace UK confirmed the arrest. "We can confirm that Greenpeace protesters...

MSC Chooses DSME for Eleven 22,000 TEU Containerships

Mediterranean Shipping Company (MSC) has placed an order for eleven 22,000 TEU Containerships with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME). The...

World’s First Conversion of Container Ship to Dual-Fuel Operation Successful

At a recent event at the Hamburg offices of MAN Diesel & Turbo, Dr Uwe Lauber – CEO of MAN Diesel & Turbo –...