Month: January 2009

Nordic Ferry Services will deploy one of the world?s largest high-speed ferry on its service between Ystad in Sweden and Ronne on the island of Bornholm when the new invitation to tender…

The large Danish shipping companies will not consider abandoning their agreements to take delivery of newly built ships ordered when freight rates and ship prices where high. But both Norden and Torm…

Zim Integrated Shipping Services is holding discussions with South Korean shipyards to delay the delivery of new containerships by a year. The Israeli company is scheduled to receive nine boxships this year.…

As freight rates plunge, the leading players in the container shipping sector hope to muscle aside smaller rivals by unleashing a wave of mega boxships during the biggest dip in global trade…

A recent analyst report from Drewry Shipping said orders for at least 30 new tankers have been cancelled since last August. However, shipping companies in the Middle East insist they will not…

Car-passenger ferry 'Armorique' has been delivered from STX Europe's Helsinki yard in Finland to the French operator Brittany Ferries. The vessel is worth approximately 110 million euro and has given some 700…

Vale, the Brazilian mining giant, signed a contract with three national shipyards for the construction of 15 new tugs, 32 barges and two pushers. With the order, Vale will be investing $171.1…

Clipper Panorama, the second of Seatruck Ferries? eight newbuildings, enters service on the Irish Sea service linking Warrenpoint with Heysham on Sunday, January 25.This new roro freight ferry will join sistership Clipper…

The number of containerships laid up is growing very fast according to French maritime consultant AXS-Alphaliner. It projects that the volume of containerships on standby will jump to the equivalent of 750,000…

Five more heavylift vessels will be added to Amsterdam-based BigLift Shipping. The 17,500 dwt 1A ice-class vessels will each have two 400-tonne cranes and one 120-tonne crane. These "D-4" ships are further…