News:Americas

Americas

Teekay Corp has registered a full year loss in 2016 as its income from vessel operations was nearly halved from that of 2015 on the back of overall lower rates…
ABS has become the first class society to be awarded accreditation to carry out assessments for European Union (EU) Monitoring, Reporting and Verification (MRV) compliance, from Greece’s National Accreditation Body…
Several leading P&I Clubs have reported a satisfactory renewals season that ended this week on 21 February, with their members also presumably happy that no general rate increases were applied…
Containership owner Danaos slumped to a $366.2m loss in 2016 as it took hefty impairments including $205.2m related to bankrupt Hanjin Shipping.
George Economou’s Dryships has re-entered the tanker market buying an aframax and a VLCC.
Tanker market prospects were a major item of conversation at the annual shipping conference hosted by the Hellenic American and Norwegian American Chambers of Commerce in New York with this…
One of Cyprus’ leading shipping figures maintains that while global shipping has entered uncharted waters following the election of US president Donald Trump and the Brexit referendum, panic is not…
Hanjin Shipping has been officially declared bankrupt, closing the book on the world’s seventh largest container shipping line.
Container volumes increased by 3.2% in 2016 in Mexican ports according to figures published by the Mexican Secretariat of Communications and Transport, which oversees the port system.
Panama has registered an 8% increase in bunker sales volume for 2016 over the previous year, according to preliminary data from The Panama Maritime Authority (AMP).
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