Shipping a Moving Target for Cyber Threats

Lars Lange, IUMI Secretary-General, speaks of numerous challenges related to cyber risk insurance

Star Bulk Carriers Slashes Loss

Greece-based dry bulk shipping firm Star Bulk Carriers managed to cut its net loss for the quarter ended September ...

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Venepandi Warns Ships of Incidents during Inspections

During the mandatory antidrug underwater inspections in Venezuela prior to sailing, an increasing number of alleged ...

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Singapore Charges Bunker Supplier, Staff with Cheating

Singapore’s bunkering company, and three of its executives, have been charged with cheating and criminal ...

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China's Tariff Reduction Is Credit Negative for SIPG

China’s announced cut in the handling tariff for import and export containers is credit negative for Shanghai ...

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No Longer Sailing South?

The Suez Canal is still the most efficient route to transport large amounts of cargo between Asia and Europe. ...

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Wison, Shanghai Electric Team Up on Floating LNG Power Barge

Wison Offshore & Marine and Shanghai Electric Power Generation Group are looking to join efforts in medium to ...

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Diana Containerships Slashes Q3 Loss

Greek container shipping company Diana Containerships has managed to trim its USD 126.8 million net loss reported ...

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Tomini Shipping Orders Kamsarmax Trio

UAE-based Tomini Shipping, the shipping subsidiary of Tomini Group, has ordered three 82,000 dwt Kamsarmaxes from ...

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Spotted: Höegh LNG's Ninth FSRU Afloat at Hyundai Heavy

Höegh LNG has shared an image of its ninth FSRU floating at Hyundai Heavy Industries (HHI) shipyard in South ...

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Weak Product Tanker Market Pushes Hafnia to Loss

Denmark-based shipping company Hafnia Tankers ended the third quarter of this year with a net loss of USD 7.3 ...

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J. Lauritzen Takes Four Ships on Time-Charter

Danish shipping company J. Lauritzen added more vessels to its chartered fleet during the third quarter of 2017, as ...

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HMD Tied to MR Tanker Order

South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has secured an order for a 50,000 dwt MR product tanker from ...

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Standardisation to Drive Shipping's Digital Transformation

Standardisation can enable the effective collection, storage, exchange, analysis and use of data, while ...

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ABS: Class, Insurance Should Jointly Work on Cyber Safety

Chairman of the classification society American Bureau of Shipping (ABS) has called upon marine insurance and ...

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New CEO Takes the Helm of Marenave

Fresh from its financial restructuring German Marenave Schiffahrts AG dismissed its Chief Executive Officer Ole ...

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Port of Hamburg to Profit from CETA Free Trade Agreement

Germany’s Port of Hamburg is set to profit from the Comprehensive Economic and Trade Agreement (CETA) between ...

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Improving Schedule Reliability Still Far from Reality

Container carriers’ schedule reliability has seen a slight increase in the third quarter but there has not ...

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2nd Hekinan MAX Coal Carrier Joins MOL’s Fleet

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has taken delivery of the coal carrier Nagara Maru from ...

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Bahri to Sell Part of Its Stake in Petredec

The National Shipping Company of Saudi Arabia (Bahri) is looking to sell a part of its 30.3% stake in Bermuda-based ...

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Eagle Bulk Prices 200 Mn Bonds, Secures Loan

US-based operator of dry bulkers Eagle Bulk Shipping is, through its subsidiaries, looking to secure net ...

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Scorpio Tankers Sinks Deeper into Red

Monaco-based tanker shipping company Scorpio Tankers posted a net loss of USD 36.9 million for the third quarter of ...

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Beijing Discovers Anti-Trust Violations at Several Ports

A two-month investigation launched in April this year by China’s National Development and Reform Commission ...

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MPA: North Korean Ships Cannot Bunker in Singapore

The Maritime and Port Authority of Singapore (MPA) has informed the shipping community that Singaporean ships may ...

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Higher Charter Rate for Diana's Panamax Bulker

Greek owner of dry bulk vessels Diana Shipping has entered into a time charter contract with Phaethon International ...

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Low Vessel Utilisation Puts Pressure on Freight Rates

Decreased freight rates in the Transpacific Eastbound trades, which were hurt by low vessel utilization, ...

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Shipping Leaders Join Forces to Drive Decarbonization Agenda

A group of international shipping industry leaders has decided to work together to drive the decarbonization agenda ...

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