News

Two passengers from the cruise ship Diamond Princess, who were infected with coronavirus, have passed away, the Japanese Health Ministry informed on Thursday, February 20. Both persons, a man, and a woman were in their...

The outbreak of the coronavirus, originating from Wuhan, China, comes at one of the worst time for the shipping industry, which is currently struggling with the additional fuel costs from IMO 2020 and the switch to low-...

Vessels that violate the current United Nations Security Council Resolutions (UNSCRs) on trading with North Korea will not be registered with the Palau International Ship Registry (PISR), the ship registry said.  As...

The International Maritime Organization (IMO) has sent a letter to its member states amid the outbreak of the novel coronavirus asking them to undertake all possible measures to prevent unnecessary delays of ships. The...

Dry bulk vessel owner Diana Shipping received a cancellation notice for the sale of its 2002-built Capesize vessel Norfolk, the company said. Diana said the buyers decided to cancel the contract due to unforeseen events...

US-based cruise line Carnival Cruise Line has signed a five-year agreement with the City of Norfolk, Virginia, to operate seasonal cruises from the Half Moone Cruise Center through 2025. As part of the deal, the City of...

Japanese shipping major Mitsui O.S.K. Lines has entered into an agreement with Korean shipbuilder Daewoo Shipbuilding & Marine Engineering to jointly develop a new technology to reduce environmental impact for...

Two of the largest very large ethane carriers (VLECs) ever ordered are now under construction to American Bureau of Shipping (ABS) class at Jiangnan Shipyard following a successful joint development effort, the...

Hunter Tankers AS, a wholly-owned subsidiary of Hunter Group ASA, has signed a binding agreement for a USD 220 million loan facility. The loan has been secured by a syndicate of banks consisting of Danske Bank, DNB,...

Clarkson Overseas Shipbroking, part of UK shipping services provider Clarksons, has acquired 100% of the issued share capital of Spanish shipbroker Martankers. Founded in 1989, Martankers specializes in the...