Hyundai sells stake in a container terminal to CMA CGMSouth Korean shipping company HMM has signed a sales and purchase agreement with French counterpart CMA CGM to sell its 50 per cent stake minus one share of Total Terminal International Algeciras.
Swedish Birka Line goes out of businessThe passenger shipping industry in Scandinavia became the newest segment to respond to the financial pressures created by the coronavirus pandemic.
Busan Port and Hyundai to reduce levels of toxic particlesThe Busan Port Authority (BPA) has signed a licensing agreement with Hyundai Materials to eliminate toxic particulate levels within the Busan Port.
Damen Shipyard delivers new tug to IskesDamen Shipyards Group delivered an ASD Tug 2312 named Jupiter to Iskes in IJmuiden, The Netherlands, on May 25. The vessel will operate in IJmuiden and Amsterdam ports performing regular harbor towage duties and the tug is also capable of handling (crane)
Fincantieri launched Viking Venus at Ancona shipyard"Viking Venus," the seventh ocean cruise ship Fincantieri is building for the Viking, floated out today at the Ancona shipyard. Interior fittings are now to begin, leading the vessel to delivery, scheduled for 2021.
Shanghai Exchange announced new rules for LSFO Futures ContractChina's Shanghai International Energy Exchange (INE) published rules for low-sulfur fuel oil (LSFO) futures.
Hyundai delivers the largest-ever navy ship to New ZealandThe largest navy ship ever that is built by Hyundai Heavy Industries (HHI) departed for the Royal New Zealand Navy (RNZN). HHI announced that RNZN 's new 26,000-ton logistics support vessel, HMNZS Aotearoa, will hold a sail-off ceremony on June 10.
CMV unveils two new theme cruisesCruise & Maritime Voyages (CMV) has announced the arrival of two new thematic cruises for 2021; an Easter cruise and a Back to the 80's themed cruise.
Ocean shipping slows down due to pandemicSlower shipping times also mean importers will postpone delivery payments.
Damen offers coronavirus disinfection serviceDamen Shiprepair Harbour & Voyage (DSHV), Damen Shiprepair & Conversion 's mobile ship repair squad, has created and started a 24/7 ship disinfection service COVID-19.
Hyundai launches 4th Daegu-Class FFX Batch II FrigateROKS Donghae (FFG-822), the fourth Daegu class FFX Batch II frigate for the Republic of Korea Navy (ROK Navy), was launched by Hyundai Heavy Industries of South Korea. The event was held on April 29, at Ulsan's HHI shipyard.
Canada expands its cruise season ban through octoberCanadian authorities recently announced that they cancelled the rest of the 2020 cruise season in Canadian waters by banning any ships with overnight accommodation permitted to hold more than 100 passengers from operating in Canadian waters until 31 Octob
New LNG carrier of GasLog starts sea trialsLNG shipper GasLog said its newbuild carrier GasLog Westminister left the shipyard of South Korea 's Samsung Heavy Industries for trials at sea.