Container Shipping: Consolidate or Die?
Consolidation in the container shipping industry is happening for the first time in a decade and will likely continue in 2016, according to a new report from AlixPartners… Read More
PETRONAS Delays Second FLNG
Malaysian oil and gas company Petroliam Nasional Berhad (PETRONAS) has pushed the commissioning of its second floating liquefied natural gas (FLNG) project for a later date… Read More
Two Missing After Fishing Vessel and Boxship Clash
At least two crew members are missing after a Taiwanese fishing vessel collided with a 1987-built containership Shin Chun off Kaohsiung in the morning hours of February 29… Read More
Breaking: Bulk Invest to File for Bankruptcy
Struggling Norwegian dry bulk company Bulk Invest ASA (formerly Western Bulk) will immediately file a petition for bankruptcy having been unable to reach a deal on restruc… Read More
1st Polar Class Cruise Ships Coming to Market
The industry’s first luxury passenger vessels that are purpose-built for waters previously served by robust but ageing expedition ships are coming to market anent en… Read More
World Maritime News Staff