MSI: BWMC to Recover Dry Bulk Market?

Image Courtesy: Diana Shipping

Despite being beset with technical challenges and shipowners opposition, the implementation of the IMO Ballast ...

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Moore Stephens: Shipping Confidence Sees Further Rise

Image Courtesy: MSC

Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in ...

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CMA CGM Reshuffles Europe-West Africa Links

French container shipping company CMA CGM has amended the port rotation of the EURAF 3 and WAZZAN services which ...

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Clarksons: Cruise Industry Continues Expanding Its Horizons

Image Courtesy: Hapag-Lloyd Cruises

During the summer, the cruise ship fleet surged past half a million berths of total capacity as the cruise industry ...

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Hanjin Has Enough Cash to Cover Offloading Costs

Image Courtesy: Hanjin Shipping

Cash held by Hanjin Shipping, coupled with commitments from the company’s leading shareholder, the leading ...

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Rising Large Marine Losses Could Prove Too Much for Insurers

rising-marine-losses-could-prove-too-much-for-insurers

The increasing number of large marine losses can potentially put severe financial strain and overwhelm insurance ...

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Robbers Ransack Boxship off Guinea

Image Courtesy: Shipspotting

Six robbers armed with guns boarded and fired upon the duty crew on board a container ship at Conakry anchorage, ...

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Report: First Cargo Shipped from Libya's Ras Lanuf Oil Port

Image Courtesy: Shipspotting

The Malta-flagged oil tanker Seadelta has departed Libya’s port of Ras Lanuf carrying 781,000 barrels of ...

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IUMI Calls for More Action to Tackle Containership Fires

Image Courtesy: Polizei Hamburg

Two recent onboard containership fires have fueled concerns from International Union of Marine Insurance (IUMI) ...

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Alphaliner: RMT Reaches List of Owners with Toxic Ships

Image Courtesy: Rickmers Maritime

Singapore-listed containership owner and operator Rickmers Maritime Trust (RMT) has become the latest casualty in a ...

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ABTO Sheds Light on Cargo Liquefaction Dangers at Terminals

ABTO Chief Executive Ian Adams speaking to ICHCA members last week in London

The Association of Bulk Terminal Operators has warned that cargo liquefaction, an issue commonly associated with ...

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IUMI: Marine Insurance Market Faces Uncertain Future

tianjin

Global marine underwriting premiums in 2015 amounted to USD 29.9 billion, down by 10.5% compared to the 2014 ...

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Oil Cargo Loading Halted at Ras Lanuf amid Fresh Conflicts

Image Courtesy: Shipspotting

The Malta-flagged tanker Seadelta, which was due to load 781,000 barrels of crude oil from storage tanks at ...

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Drewry: Specialised Reefers Punching above Their Weight

Image Courtesy: Siem Shipping

Tonnage provision and forecast cargo share for the specialised reefer ships will continue to reduce in coming ...

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Readers' Picks of the Week

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BIMCO: Lowest Level of Newbuilding Contracts in 20 Years Shipyards become the next victim of the deteriorating ...

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Clarksons: Shipyards Struggling to Remain Active

Image Courtesy: HHI

The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 ...

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NOC Lifts Force Majeure at All Oil Crescent Ports

Image Courtesy: Zueitina Oil Company

Libya’s National Oil Corporation (NOC) said that it is lifting force majeure at all Oil Crescent ports after ...

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Moore Stephens: Shipping Needs to Improve Risk Management

Image Courtesy: BSM

Not enough companies in the shipping industry are following joined-up risk management procedures, according to ...

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Libya Works on Restarting Exports from Oil Crescent Ports

Image Courtesy: Shipspotting

Assessments were started on what needs to be done to lift force majeure and restart exports from oil crescent ports ...

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Drewry: Perishable Reefer Trade to Continue Growing

Image Courtesy: Siem Shipping

Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in ...

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Drewry: Terminal Operators Opt for M&A Activity

Image Courtesy: APM Terminals

Global container terminal operators have taken their foot off the pedal when it comes to greenfield projects, ...

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ICS Urges Govts to Finalize Treatment Systems Guidelines

Image Courtesy: IMO

As the International Maritime Organization’s Ballast Water Management Convention is set to enter into force ...

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Bulker Gladiatorship Refloated off Mozambique

Image Courtesy: Kotug

The 2010-built bulk carrier MV Gladiatorship has been refloated after it briefly grounded off Nacala, Mozambique, ...

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IMO’s BWM Convention to Enter Into Force in September 2017

Image Courtesy: IMO

With Finland’s accession of the International Ballast Water Management Convention, the International Maritime ...

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Expansion of Ghana’s Tema Port Starts in October

Image Courtesy: APM Terminals

Construction works on the USD 1.5 billion Tema Port expansion project is expected to commence on October 1, 2016, ...

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Container Lines Shift Focus from Technology to Flexibility

Image Courtesy: European Biofuels

Container lines have shifted their focus towards alliance structures for operational efficiency, rather than ...

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SAECS Service to Add Rotterdam Port

Image Courtesy: Port of Rotterdam/Dick Sellenraad

In late September 2016, the port of Rotterdam will be added to South Africa Europe Container Service (SAECS), ...

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