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)

Readers’-Picks

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

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New Lease Accounting Standard to Impact Maritime Sector

Image Courtesy: Moore Stephens

A new international accounting standard dealing with leases could have major implications for companies in the ...

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Dryad Warns of Further Attacks on Libya’s Oil Ports

Image Courtesy: Port of Zueitina

The latest attacks on Libya’s oil ports by Islamic State (IS) forces are likely to continue along the coast ...

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Tanzania Refutes Bagamoyo Port Suspension Claims

Image Courtesy: Tanzania Ports Authority (Mtwara Port)

Responding to the reports that the construction of the USD 10 billion Bagamoyo port, the largest port in East ...

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Fires at Libya's Ras Lanuf and Es-Sidra Extinguished

Fires at Libya's Ras Lanuf and Es-Sidra Extinguished

Fires raging at Libyan two major oil ports Ras Lanuf and Es-sidra were extinguished on January 8th, the ...

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South Africa to Boost Maritime Workforce Supply

Image Courtesy: MCS
(Daniel Ngubane, CEO MCS)

South Africa has the potential to become a global supplier of high-quality, highly-skilled ship’s ...

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