Monday, July 16, 2018

Port of Oakland Container Imports at All-time High

Port of Oakland containerized import volume reached an all-time high last month, according to data released today. The port said it handled the equivalent...

Diana Shipping Announces Time Charter Contract for m/v Maera with ST Shipping

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it...

Gov’t to create offshore Bunkering zone for liquid cargo business

The Government of Ghana is set to create an offshore Bunkering zone to aid liquid cargo business as a means of refuelling and maintenance...

Wärtsilä signs a EUR 170 million scrubber deal

The year 2020 is approaching along with the Sulphur cap regulation of 0.5%, putting pressure on maritime agents to decrease emissions – and to...

FINCANTIERI: A NEW CLASS OF ULTRA-ECO-FRIENDLY SHIPS FOR TUI CRUISES

Fincantieri has been awarded an order for the construction of 2 new-concept gas powered ships (Liquified Natural Gas – LNG), from TUI Cruises, a...

d’AMICO INTERNATIONAL SHIPPING S.A. ANNOUNCES THE SALE OF ONE OF ITS HANDY VESSELS GENERATING...

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C. (Ireland)...

NORWEGIAN CRUISE LINE CONFIRMS 2 ADDITIONAL “LEONARDO”-CLASS SHIPS TO FINCANTIERI

The US group Norwegian Cruise Line Holdings Ltd. has confirmed to Fincantieri the orders for the construction of the fifth and the sixth unit...

The Magic of the IRR: Are High Returns Prompting the Return of Investment funds...

The internal rate of return, or simply the IRR, is the magic figure that private equity fund managers, shipping-focused investors and affluent shipowners alike...

Vigor Delivers Third Hydrus Class 400 Passenger Ferry to WETA

Vigor recently delivered Argo, the third of four all aluminum, 400 passenger ferries to the Water Emergency Transportation Authority (WETA) in San Francisco, California....

WILL SEAFARERS DRIFT AS TECHNOLOGY SURFACES?

The more we move into an age of technology driving the shipping industry, the less we will need seafarers and the more we will...