Tankers Facing Pressure amid Nigerian Oil Export Disruptions

Image Courtesy: WSC

Both Suezmax and VLCC markets could be hit by downward pressure from sustained outages of Nigerian crude oil, ...

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Readers’ Picks of the Week (May 16 – 20, 2016)

Readers’-Picks

Danish Ship Finance: Shipyards Could Be Left without Orders by 2017 It is essential that new orders are placed ...

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Update: Oil Loading Resumes at Libya’s Hariga

Image Courtesy: Shipspotting/Martin Klingsick

The Maltese-flagged crude oil tanker Seachance has continued to load cargo at the Hariga oil export terminal in ...

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Sulphur Cap to Push Boxship Operators' Costs Up to USD 30Bn

Image Courtesy: Maersk Line

Depending on the ship size, speed and fuel price, containership operators saw an increase of some USD 500 million ...

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Pirates Prevented from Boarding Boxship in Gulf of Aden

Image Courtesy: Oceans Beyond Piracy (OBP)

A number of pirates were repelled from boarding a container ship as they approached the vessel in five skiffs while ...

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Owner of Abandoned Tanker in Liberia Emerges

Image Courtesy: Preston Veteran Gayflor/Farbric Radio

A Nigerian national, identified as Robert M. Saigba, has claimed ownership of the mysterious crewless ship Tamaya 1 ...

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Shipyards Could Be Left without Orders by 2017

Image Courtesy: ARMS

It is essential that new orders are placed within the next three to six months for the yard industry to fill up ...

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Expression of Interest Called for Takoradi Dry Bulk Terminal

Image Courtesy: GPHA

The Ghana Ports and Harbours Authority (GPHA) has invited parties to submit their expression of interest for the ...

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Oversupply Leads to Slide in LPG Freight Rates

Image Courtesy: Epic Gas

Due to the ongoing oversupply in the pressurised market, the LPG sector has seen a further slide in average rates ...

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Industry Will Need Almost 150,000 More Seafarers by 2025

Image Courtesy: Offshore and Home Trade Seamen's Welfare Trust

Unless seafarer training levels are increased significantly, the growth in demand for seafarers could generate a ...

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Deal Reached to Resume Oil Export from Libya's Hariga Port

Illustration; Image Courtesy: GSC Freight

Representatives of the two rival governments in Libya have reportedly reached a deal that will allow for the ...

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New Mykonos Splits in Two, Sinks off Madagascar

Image Courtesy: Shipspotting

Panamanian-flagged bulk carrier New Mykonos, which ran aground on January 29, south of Faux Cap, southern ...

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IMO's MSC Gives Nod to Ship Construction Rules from 12 ROs

Image Courtesy: DNV GL

Ship construction rules for oil tankers and bulk carriers submitted by 12 classification societies comply with the ...

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Container Shipping Fleet Nears 20 Mn TEU Mark

Image Courtesy: MSC

The container shipping fleet could break through the 20 million TEU barrier shortly and, with an estimated net ...

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Readers’ Picks of the Week (May 9 – 13, 2016)

Readers’-Picks

Interview: Kidnappings for Ransom Easy and Less Risky In 2016, piracy has yet again emerged as one of the key ...

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Libya: Exports from Marsa el-Hariga Still Blocked

Image Courtesy: TGS

Oil exports from Marsa el-Hariga port located at Tobruk, Libya, continue being blocked by Beyda government in ...

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VIDEO: Abandoned Tanker in Liberia Listing

Image Courtesy: Preston Veteran Gayflor/Farbric Radio

The mysterious crewless oil tanker Tamaya 1 that washed ashore early this month in Liberia is listing to the ...

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UN: Distya Ameya No Longer Blacklisted

Image Courtesy: Shipspotting

India-flagged tanker Distya Ameya has been removed from the UN Security Council’s blacklist initially ...

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Oil Tanker Grounds in Suez Canal

Image Courtesy: Dredging Suez

A 163,038 DWT oil tanker ran aground at 159 km of the Suez Canal early this morning shortly after it entered the ...

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Interview: Kidnappings for Ransom Easy and Less Risky

Dryad_Maritime

In 2016, piracy has yet again emerged as one of the key problems seafarers face during their voyages at sea. A ...

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2016 to Be Weakest Year for Box Production since 2009

Image Courtesy: Maersk Line

2016 could prove to be the weakest year for box production since the collapse of 2009, with equipment increasingly ...

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APM Terminals Readies for Container Weighing

Image Courtesy: APM Terminals

The Netherlands-based APM Terminals is planning to provide container weighing services at 29 locations globally to ...

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Q1 Ordering Slump Good for Tanker Market, But Will It Last?

Image Courtesy: Tanker Investments

Newbuilding orders of tanker ships have seen a sharp reduction, but the slowing trend needs to be sustained for the ...

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Abandoned Tanker in Liberia No Longer Panama-Flagged

Image Courtesy:Preston Veteran Gayflor/Farbric Radio

The crewless tanker that washed ashore near Robertsport, northern Liberia coast last week, the Tamaya 1, does not ...

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First Quarter without Boxship Orders since 2009

Image Courtesy: Maersk Line

The overcapacity in the container shipping sector seems to have finally struck a nerve as owners abstained from ...

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Grounded Bulker Refloated in Suez, Traffic Unaffected

Image Courtesy: Dredging Suez

A 182,307 DWT bulk carrier ran aground during its transit of the Suez Canal with the Southbound convoy at about ...

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Tanker Thwarts Pirate Attack off Nigeria

Image Courtesy: US Navy

The string of attacks in the Gulf of Guinea continues as pirates attempted to board a tanker earlier today while ...

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