Further consolidation in the sector through mergers and acquisitions getting trickier.
Headlines
Expanded Panama Canal Sees 6000th Neopanamax Transit
Less than three years since its opening, the Panama Canal welcomes the 6,000th transit of a Neopanamax vessel.
https://worldmaritimenews.com/archives/275550/expanded-panama-canal-sees-6000th-neopanamax-transit/
Johor Port Signs LNG Services Agreement with Petronas
The agreement is aimed at attracting more vessels into Johor Port.
https://worldmaritimenews.com/archives/275526/johor-port-signs-lng-services-agreement-with-petronas/
Three Injured After Bulker Suffers Explosion off Cornwall
Three crew members have been injured following a last week’s explosion on board a bulk carrier off Cornwall.
Costamare Finds Work for Ten Vessels in Q1
Costamare chartered out a total of ten vessels in Q1 2019, benefiting from increases in Post-Panamax rates.
https://worldmaritimenews.com/archives/275493/costamare-finds-work-for-ten-vessels-in-q1/
Nakilat Grows Profit by 9 Pct in First Quarter
Nakilat’s net profit increased to QAR 236 million during the first quarter of 2019.
https://worldmaritimenews.com/archives/275468/nakilat-grows-profit-by-9-pct-in-first-quarter/
COSCOCS Unveils Name of Sixth Valemax Unit
The 400,000-ton ore carrier was built by Shanghai Waigaoqiao Shipbuilding.
https://worldmaritimenews.com/archives/275443/coscocs-unveils-name-of-sixth-valemax-unit/
North Carolina Ports Welcomes Its Largest Boxship
North Carolina Ports has hosted its first-ever 12,000 TEU vessel in the Port of Wilmington.
https://worldmaritimenews.com/archives/275465/north-carolina-ports-welcomes-its-largest-boxship/
Qatar Petroleum Launches Tender for Major LNG Carrier Order
Qatar’s major LNG ship construction program could see over a 100 new LNG carriers built over the next decade.
Bahri’s Profit Jumps amid Higher Shipping Rates
Bahri delivered a 45 percent stronger net profit in the first quarter of 2019.
https://worldmaritimenews.com/archives/275528/bahris-profit-jumps-amid-higher-shipping-rates/