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Damaged Anthem of the Seas Arrives to Cape Liberty

Posted By Tony Sanchez / Airlines / 0 Comments

February 11, 2016 The storm-damaged Royal Caribbean cruise ship Anthem of the Seas returned to Cape Liberty, New Jersey, yesterday evening, where it will now be examined by a team of inspectors from US Coast Guard Sector New York. Read More

Odfjell Cuts Net Loss, Continues Talks on Delayed Deliveries

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February 11, 2016 Bergen-based shipping and tank terminal company Odfjell has reported a drop in 2015 net loss to USD 36 million, including negative effect from bunker derivatives of USD 64 million, compared with a net loss of USD 75 million in 2014. Read More

Navios Maritime Acquisition’s Net Income Surges in 2015

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February 11, 2016 As 2015 was a strong year for the tanker shipping market, the Monaco-based owner and operator of tanker vessels Navios Maritime Acquisition Corporation said that its full year net income skyrocketed to USD 89.7 million from USD 13 million reported in 2014. Read More

DFDS introduces new cross-Channel ferries

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February 10, 2016 DFDS Seaways has introduced the CÔTE DES DUNES into its Dover-Calais service The ferry is the first of two ships scheduled to enter service on DFDS’ Dover-Calais route this month. Read More

North Korean’s OMM Continues Dodging UN Sanctions

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February 10, 2016 North Korean shipping company Ocean Maritime Management Company Limited (OMM) continues to evade sanctions by operating foreign-flagged ships, according to a UN Security Council panel cited by Reuters. Read More

Cargo Volumes at US Container Ports Expected to Go Down

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February 10, 2016 Import cargo volume at major US retail container ports is expected to decline year-over-year for the next few months but the first half of the year should still amount to a 4.5 percent increase compared with the same period last year, monthly Global Port Tracker report by the National Retail Federation and Hackett […]

Maersk Group’s Full-Year Profit Down 82 Pct

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February 10, 2016 Danish shipping and energy conglomerate Maersk Group delivered a profit of USD 925m for the full year ending December 31st 2015, against USD 5.2bn reported in 2014, a drop of 82%. Read More

Alphaliner: FE-ECSA Rates Hit Rock Bottom

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February 10, 2016 Poor market conditions have prompted freight rates in the Far East to East Coast South America (FE – ECSA) trade to fall by 90% over the past twelve months, eroded by weak demand and low capacity utilisation, Alphaliner says. Read More

Navig8 Chemical Tankers Back to Black, Bullish on Outlook

Posted By Tony Sanchez / Airlines / 0 Comments

February 9, 2016 Navig8 Chemical Tankers Inc. has returned to profit reporting a net income of USD 9.1 million for the three months ended December 31, 2015, an increase of USD 11.1 million from a net loss of USD 2 million in the corresponding period last year. Read More

SwissMarine Hires One More from Diana

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February 9, 2016 Greek dry bulker owner Diana Shipping Inc. has entered into a time charter contract with Geneva-based SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the MV Semirio. Read More