While COVID-19 has proven to be the biggest business disruption event in generations, for the once-booming cruise shipping industry it has meant a hard stop. Getting back to cruising will be neither fast nor easy. We reached out to Captain Havard Ramso...
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BSM Opens Liquid Cargo Simulator Facility
Bernhard Schulte Shipmanagement (BSM) said it has launched a new liquid cargo training facility at its maritime training center in Cyprus as part of a wider boost to LNG training across the whole company, reflecting increasing industry demand…
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Kooiman Marine Group Wins Dredger Order
The Netherlands-based shipbuilding and engineering firm Kooiman Marine Group said it has received an order for the design and construction of a new 1,500-cubic-meter trailing suction hopper dredger for Detlef Hegemann Aktiengesellschaft.The…
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Wärtsilä to Supply Bridge Systems for Five Icebreaking Gas Carriers
Finland-based marine engine and technology provider Wärtsilä said it has been contracted to deliver a complete bridge systems installation for five icebreaking liquefied natural gas (LNG)-fueled tankers to be constructed for the Arctic LNG-2 project.
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USS Tripoli (LHA 7) Commissioned
The U.S. Navy commissioned USS Tripoli (LHA 7) Wednesday without the typical fanfare and traditional public commissioning ceremony due to public health and safety restrictions on large public gatherings amid the conronavirus pandemic.Delivered in Febru...
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Hapag-Lloyd Ups Profits, But Warns of Risks
German container shipping line Hapag-Lloyd on Wednesday reported preliminary results for the first half of 2020 showing core profits above those of the same 2019 period and upholding its guidance for full year earnings.However, the company said…
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Baltic Index Falls as Lower Vessel Rates Bite
The Baltic Exchange's main sea freight index fell on Wednesday, weighed by capesize rates hitting their lowest level in nearly a month and lower earnings at the panamax segment.The Baltic dry index, which tracks rates for ships ferrying dry bulk commod...
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Seven Ships Catch Fire at Iranian Port
At least seven ships have caught fire at the Iranian port of Bushehr, the Tasnim news agency reported on Wednesday, in what appeared to be the latest in a series of unexplained incidents around nuclear and industrial installations since late June.No ca...
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Disabled Log Carrier Towed into NZ Port for Repairs
A log carrier that lost power and went adrift while leaving New Zealand's Port of Tauranga last week has been towed into port for repair and further inspection, local maritime authorities said.The Singapore-flagged Funing was outbound for Lanshan…
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Total Shipping Losses Are Declining, But Challenges Persist -Report
The record low 41 large shipping losses worldwide in 2019 represents a 20% improvement year-on-year and almost 70% over a decade, but the coronavirus crisis could endanger the long-term safety improvements in the shipping industry for 2020 and beyond…
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