Maritime news

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

EURONAV to purchase 4 VLCCs

EURONAV has decided to acquire four modern Japanese-built VLCC (Very Large Crude Carrier) vessels for an estimated purchase pri …

Maersk starts implementing new ShipManager software

Maersk Line has begun pilot testing of a new software. The DNV GL’s ShipManager has been chosen among 26 other competitor …

Port of Tauranga paves a way for Maersk

The Port of Tauranga has entered into a ten-year deal with Kotahi, Fonterra Cooperative Group and Silver Fern Farms-led logisti …

China blocks the P3 mega alliance

The P3 network has been blocked by China. The decision came on Tuesday citing the fact that the mega alliance would have provided mo …

China interested to partner with Vale

China wants a shipping partnership with Vale, the Brazilian mining major. The Asian country is interested in moving iron ore from it …

Maersk denies tanker deal bribery

AP Moller-Maersk has rejected any bribery accusations that it corrupted a Petrobas official to accept shipping contra …

Large tanker owners still with abysmal profit

The owners of large tankers are still at loss with most routes bringing miserable earni …

Indian shipping companies focus on gas carriers to increase profits

Shipping industry in India is trying to boost profits and for that reason is focusing on gas carriers. This segment of the mark …

Ship owners from Greece control 46.72% of EU dwt tonnage

Ship owners from Greece control almost 50% of EU dwt tonnage. Despite the financial difficulties in the global maritime industry, Gr …

Houston Ship Channel links to be expanded

Port of Huston Authority has been granted permission by the U.S. Army Corps of Engineers (USACE) to start the dredging of two l …

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