Shipping News
Seaspan to Purchase Six Boxships for USD 380 Mn
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Hong Kong-based Seaspan Corporation has signed an agreement to buy a fleet of six containerships for USD 380 million in cash.

LNG Business Softens MISC Berhad’s Drop in Revenue
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Malaysia’s MISC Berhad delivered an increase in operating profit for the quarter ended September 30, 2019, while reporting a drop in its revenue.

Klaveness Scaling Down Supramax Activity to Focus on Panamax, Post-Panamax Segment
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Norwegian shipping company Torvald Klaveness revealed intentions to scale down its dry bulk shipping activity in the Supramax segment and focus on the Panamax to Post-Panamax units.

Maersk Announces Sudden Departure of COO Søren Toft
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A.P. Moller – Maersk has announced the immediate departure of one of its rising stars, 45-year-old EVP and chief operating officer Søren Toft. In a statement issued Monday, Maersk said that Toft "has decided to pursue an opportunity outside of the company and will leave effective today."

Helge Ingstad Collision: Inexperience of Frigate's Bridge Team
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The Norwegian Accident Investigation Board (AIBN) has released part one of its report on the collision between the frigate HNoMS Helge Ingstad and the oil tanker Sola TS outside the Sture Terminal in the Hjeltefjord in Hordaland county.

 

Activists Protest Seattle Cruise
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Environmental activists with Stand.earth and 350 Seattle organized protests related to the Port of Seattle’s Cruise Terminal 46 expansion proposal on November 6.

Frederick J. Kenney: No Country Has Ratified Every Single IMO Treaty
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There is no country in the world that has ratified every single International Maritime Organization (IMO) convention, Frederick J. Kenney, Director of Legal and External Affairs at IMO, pointed out at an international conference in Jeddah on November 5.

Neste Brings New IMO 2020-Compliant Fuel to Germany
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Finland-based oil refining firm Neste and the German BMT Bunker und Mineralöltransport GmbH have signed a partner agreement concerning distribution and sales of Neste MarineTM 0.5.

Survey: Seafarers Concerned About Sulfur Cap Prosecutions
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A new report from The Mission to Seafarers shows seafarers are concerned about the implementation of the sulfur cap next year. 

Delta Tankers Says “No Proof” on Brazil Spill Connection
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Delta Tankers, manager of the Greek-flagged crude oil tanker Bouboulina, has issued a statement in response to claims that the vessel was responsible for the oil spill currently affecting a large part of Brazil's coastline.