South Africa Rejects Japanese Trio's Merger Deal

The South African Competition Commission has decided to block the proposed merger between Japan’s big three ...

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Maritime Industry Needs Better Data Sharing, Collaboration

The maritime industry and broader ocean supply chain are suffering from major and costly inefficiencies due to ...

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Carrier Reliability Up in May

Carriers’ overall on-time schedule reliability improved 4.7%, increasing from 58.6% in April 2017 to 63.3% in ...

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Capacity Cuts Crucial in Container Shipping Recovery

Despite a modest increase in freight rates seen in 2017, a sustainable recovery in the container shipping market ...

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ICS Calls On IMO to Delay Implementation of BWMC

The International Chamber of Shipping (ICS)  has urged the International Maritime Organization (IMO) to back the ...

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New Wave of M&As to Include Medium-Sized Carriers?

The opportunities for further mergers and acquisitions among Top 20 carriers are receding with each new deal, but ...

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Detained Crew in Angola Denied Basic Human Rights

Maritime trade union Nautilus International has voiced its concern over the treatment of the crew of an offshore ...

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Allianz: Shipping Losses Decline but Risk Challenges Remain

Large shipping losses have declined by 50% over the past decade, largely driven by the development of a more robust ...

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UNSC Extends Inspection of Vessels off Libya

The United Nations Security Council reauthorized its member states on Monday to inspect vessels on the high seas ...

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Gulf of Aden Gets More Help in Fight against Piracy

Following a number of recent attacks against merchant shipping in the Gulf of Aden and Bab-el-Mandeb, relevant ...

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Tanzania Inks Deal to Expand Dar es Salaam Port

Tanzania Ports Authority (TPA) has entered into an agreement with China Harbour Engineering Company (CHEC) to ...

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Carriers Adapt to Oversupplied Market

In an oversupplied market carriers have proved to be fairly adept in manoeuvring capacity around, creating fertile ...

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Oversupply of Ships: Industry Should Sort Out Itself

The oversupply of tonnage in the shipping industry should be left to sort out itself, it was concluded at a panel ...

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UN Asks Countries to Apply Tighter Marine Pollution Controls

The UN has urged governments to implement tighter marine pollution controls or risk further degradation of the ...

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Kenya Inks Amendment to Maritime Piracy Deal

Kenya has become the 13th signatory to the Jeddah Amendment to the Djibouti Code of Conduct, the regional maritime ...

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Product Tanker Sector: The Safest Bet Are MRs

Medium ranged product tankers (MRs) are definitely the workhorses of the product tanker shipping industry, being ...

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Report: Port of Fujairah Bans Qatari-Flagged Ships

UAE’s port of Fujairah has barred the calls of Qatari-flagged ships in addition to any ships destined for or ...

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New OPEC Cuts to Extend VLCC Woes

The very large crude carrier (VLCC) market could experience a downturn, which is likely to accelerate in the short ...

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Drewry: Asia to Southern Africa Market in Decline?

Although the southbound trade is expected to experience growth in 2017, container volumes from Asia to Southern ...

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Pressure Mounts as Trump Pulls Out of Paris Accord

The decision of the President Donald Trump on US withdrawal from the Paris Agreement exerts further pressure on all ...

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Pirates Attack Navig8 Tanker in Gulf of Oman

A product tanker was approached and fired upon while underway around 103 nautical miles East of Muscat, Oman on ...

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DNV GL Presents GHG Model for Shipping

The shipping industry has the potential to achieve substantial greenhouse gas (GHG) emissions reduction, provided a ...

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KCT Chosen as Preferred Bidder for Durban Cruise Terminal

KwaZulu Cruise Terminal Pty Ltd (KCT), a joint venture between MSC Cruises and Africa Armada Consortium, has been ...

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Oil Tanker Fired Upon in Bab-el-Mandeb Strait

A Marshall Islands-flagged oil tanker was approached and fired upon by three men in a skiff in the southern ...

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Global Port Volume Growth Revised to 4.6 Pct

Driven by strong volume growth recorded across key container ports in the first quarter of 2017, the full year ...

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MSC Inks 35-Year Concession Contract for San Pedro Terminal

Swiss-based Mediterranean Shipping Company (MSC) entered a 35-year concession agreement for the expansion of the ...

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Rising Mega Boxship Fleet Drives Cascade

Amid a rapid growth in the mega boxship fleet, and nearly a year on from the opening of the new expanded locks of ...

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