Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

Maersk and Torm end LR2  Pool

Maersk Tankers and Torm have announced they are ending their LR2 sector cooperation. The 13-year joint venture ends on Oct …

Vale to cooperate in the largest shiprepair yard in South America

Vale S.A. has signed an agreement to cooperate in a project that aims to build the largest shiprepair yard in South America. Th …

K Line orders  five 14,000 TEU cargo ships

Kawasaki Kisen Kaisha (K Line) has announced a new order of a 14,000-TEU quintet. The new boxships will be constructed at Imabari Sh …

Panama Canal new locks to be tested in mid-2015

A new set of locks, which are main component of the Panama Canal expansion, are due to be tested starting in the middle of next …

MOL and Viken team up

Mitsui OSK Lines (MOL) has teamed up with Viken Shipping in a shuttle tanker joint venture. It will be called Viken MOL AS and  …

Crew detained onboard for nearly a month due to unpaid fees

Ukrainian and Romanian crew have been ordered not to exit their vessel Fritz on the Maumee River in Toledo. The large bulk …

CMA CGM Announces New Joint Service

CMA CGM S.A. has announced it will launch a new joint service in cooperation with Pacific International Lines (PIL), China …

2M service starts in January 2015

The new vessel sharing 2M service is going to be launched as early as January 2015, according to the plans of Maersk Line. The custo …

Record for lowest bulk carrier orders set in July

Record low bulk carrier newbuilds have been ordered in July, according to the Greek broker Golden Destiny. The statistics issue …

Egypt with plans for new Suez canal

A project for an extra lane to the Suez Canal has been unveiled by the Egypt's President Abdel Fatah al-Sisi. The new 72-kilome …

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