Drewry: To Slow Steam or Not to Slow Steam?

Image Courtesy: Maersk Line

Bunker prices are now at a low level not seen since the early 2000s and with much lower marine fuel prices big ...

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Greenpeace: Modern Express Carrying Controversial Cargo

Image Courtesy: French Navy

The troubled car carrier Modern Express is carrying a controversial cargo of timber apparently destined for the ...

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Pirates Try to Hijack Maersk Line’s Containership

Image Courtesy: Safmarine

The Nigerian Navy has prevented a group of pirates from hijacking the 28,844 dwt containership Safmarine Kuramo ...

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Baltic Dry Index Down in the Dumps

Image Courtesy: Pilbara Ports Authority

The Baltic Dry Index has fell below 300 points, plunging to a new low of 298 points on Thursday, February 4. The ...

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Kidnappings Double in 2015, IMB Says

Image Courtesy: Oceans Beyond Piracy (OBP)

As a result of five attacks off Nigeria, kidnappings doubled from nine in 2014 to 19 in 2015, the International ...

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Pirates Kidnap Five Tanker Crew Members in Gulf of Guinea

Image Courtesy: Interpol

The 2003-built tanker Leon Dias was hijacked by pirates in the Gulf of Guinea, UK-based Clearwater Vessel Tracking ...

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4,000th Vessel Registered under Liberian Flag

Image Courtesy: Liberian Registry

The Liberian Registry has reached a 4,000 vessel registration milestone with the registration of the 50,000 dwt ...

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Drewry: Half of Over 12-Year-Old Capesizes Need to Go

Image Courtesy: Diana

If dry bulk ship-owners collectively removed half of all capesize ships over 12 years old, equating to around 20 ...

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Star Reefers Adding Service from Vlissingen to Ecuador

Image Courtesy: Zeeland Ports

Shipping line Star Reefers is launching a new weekly liner service from Zeeland’s port of Vlissingen to ...

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Aframaxes to Outperform Larger Crude Tankers

Image Courtesy: Brodosplit

Limited supply growth in the Aframax sector of only 3.5% through the end of 2020 in addition to paradigm shifts in ...

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Crude Oil Tanker Market to Surge in 2016

Image Courtesy: Euronav

The crude oil tanker market is expected to grow strongly in 2016, with projected fleet increase of 4.3%, BIMCO ...

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Vessel Ordering Down 40% in 2015

Image Courtesy: HHI

Overall contracting of new vessels in 2015 dropped by 40% to 1,306 units from 2,162 in 2014, with estimated ...

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BIMCO: Containerships Speeding Up

Image Courtesy: WSC

The lower fuel price may not be such a blessing for containership owners after all, especially with relation to ...

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ITF to Check Seaferers’ Working Conditions in East Asia

Image Courtesy: Mission to Seafarers

Inspectors of the International Transport Workers’ Federation (ITF) have joined forces with dockers’ and ...

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Readers’ Picks of the Week (18th – 22nd Jan, 2016)

Readers Picks

Pirates Attempt to Board RORO Ship in Gulf of Guinea Armed pirates attempted to board a RORO vessel confirmed as MV ...

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BIMCO: 40m of Dry Bulk Tonnage to Be Scrapped in 2016

Image Courtesy: NGO Shipbreaking Platform

Dry bulk shipping capacity of 40 million DWT will be sold for demolition during 2016, making this year the busiest ...

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Infographic: Piracy and Crime Increase in 2015

Image Courtesy: Interpol

UK’s maritime intelligence and operations company Dryad Maritime has released its analysis of worldwide reported ...

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Alphaliner: Containership Growth to Hit Record Low

Image Courtesy: World Shipping Council

This year’s global containership capacity is expected to grow at a pace of only 4.6%, the lowest ever ...

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Bahri to Set Up JV Company with Suez Canal Authority

Image Courtesy: Dredging Suez Cnal

National Shipping Company of Saudi Arabia (Bahri) is exploring possibilities with the Suez Canal Authority (SCA) on ...

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Pirates Attempt to Board RORO Ship in Gulf of Guinea

Image Courtesy: Sallaum Lines

Armed pirates attempted to board a RORO vessel confirmed as MV Silver Sky owned by Dubai-based Sallaum Lines while ...

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BG Group Braves Difficult Year

Image Courtesy: BG

Despite difficult market, 2015 seems to have been a very positive year for BG Group as the company may even exceed ...

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Time for Offshore Energy Companies to Diversify

Image Courtesy: Damen

Companies serving the offshore energy sector must accept that crude oil prices are not going to bounce back anytime ...

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Industry Launches Measures for Owners Scrapping Their Ships

Image Courtesy: NGO Shipbreaking Platform

Shipping companies are being strongly encouraged to use new ‘Transitional Measures for Shipowners Selling Ships for ...

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WWL Takes Over CAT-WWL

Image Courtesy: WWL

Scandinavian provider of RoRo shipping and vehicle logistics services Wallenius Wilhelmsen Logistics (WWL) has ...

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ITF Urges President to Intervene in Morocco Port Dispute

Image Courtesy: ITF

The International Transport Workers’ Federation is calling on the Head of Government of Morocco to intervene ...

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China and Algeria Sign USD 3.3 Billion Port Deal

Image Courtesy: Google Maps

China and Algeria have signed a USD 3.3 billion agreement to build a new center transshipment port at Cherchell, ...

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Readers’ Picks of the Week ( 11-15 Jan, 2016)


VIDEO: Russian Ship Aground in Japan, 18 Evacuated Some 18 people were evacuated from a Panama-flagged cargo ship ...

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