Court Clears Way for APM Terminals’ Costa Rica Project

Court Clears Way for APM Terminals’ Costa Rica Project

The Supreme Court of Costa Rica has ruled in favor of the Costa Rican Government and APM Terminals in an appeal filed by the port workers union against the 33- year concession contract for the new Moin Container Terminal ...

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Second-Hand Panamax Prices Hit Bottom

Second-Hand Panamax Prices Hit Rock Bottom

Extremely poor demand for second-hand Panamax ships of 4,000 TEU has brought asset prices to the floor for that ...

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Recovering Freight Rates Threatened by Uncertainty

Recovering Freight Rates Threatened by Uncertainty

The oversupply in the freight market is still clearly felt as Panamax freight rates drag along, the Baltic and ...

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Slow Economic Recovery Affecting Shipping

Illustration

The global shipping demand remains subdued by slow economic activity, according to BIMCO, as the International ...

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Increased Tonnage at Panama Canal

Increased Tonnage at Panama Canal

The Panama Canal registered an increase in tonnage to 326.8 million Panama Canal tons (PC/UMS) during fiscal year ...

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China Taking Aim at Cruise Industry

China Taking Aim at Cruise Industry

Carnival Corporation cruise company  has signed a memorandum of understanding (MOU) with the China State ...

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San Francisco Ferry Accident Leaves 10 Injured

San Francisco Ferry Accident Leaves 10 Injured

The U.S. Coast Guard is investigating an allision that occurred when the Ferry Peralta struck a piling at Pier 41 ...

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NOC: Seas Might Rise 180cm by 2100

NOC: Seas Might Rise 180cm by 2100

A paper published in Environmental Research Letters by the U.K. National Oceanography Centre’s (NOC) ...

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TCQ Books Five Konecranes RTGs

Five Konecranes RTGs En Route to Guatemala

Konecranes has received an order for five Rubber Tired Gantry (RTG) cranes from Terminal de Contenedores Quetzal ...

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Costa Rica Okays New Moin Container Terminal

Costa Rica Okays New Moin Container Terminal

The Supreme Court of Costa Rica has ruled in favor of the Costa Rican Government and APM Terminals in an appeal ...

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Infographic: Basic Anatomy of Modern Seafaring

Have you ever asked yourself what is the total number of seafarers in the world? Or maybe which country has the ...

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Sembcorp Snags Libra FPSO Conversion Deal

Sembcorp Snags Libra FPSO Conversion Deal

Jurong Shipyard Pte Ltd., a wholly owned subsidiary of Singapore-based Sembcorp Marine, has secured a USD 696 ...

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IMO Kicks Off 67th MEPC Meeting

IMO Kicks Off 67th MEPC Meeting

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) is meeting for ...

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HMM Selling Stake in US Container Terminals

HMM Selling Stake in US Container Terminals

Hyundai Merchant Marine (HMM) is planning to raise USD 140 million through the liquidation of its container ...

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Clear Sailing for Suezmaxes

Are Suezmaxes Making a Comeback

Several tanker owners have recently placed orders for Suezmax tankers and market pundits have discussed the merits ...

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DryShips Pulls Plug on Notes Offering

DryShips Pulls Plug on Notes Offering

DryShips Inc., has withdrawn its previously announced public offering of USD 700 million of its senior secured ...

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Panama’s Balboa Port Set for Expansion

Panama's Balboa Port Set for Expansion

The Panama Ports Company (PPC), a part of Hong Kong-headquartered Hutchison Whampoa Ltd., has set aside a budget of ...

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NGOs Ask for Publicly Available Ship Efficiency Data

NGOs Ask for Publicly Available Ship Efficiency Data

Transport & Environment, Seas at Risk and Carbon War Room have urged the United Nations’ International ...

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Moody’s Says Shipping Industry Outlook Stable

Moody's Says Shipping Industry Stable

Moody’s Japan K.K. said its outlook for the global shipping industry is stable, with moderate EBITDA growth ...

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Interview: Offshore Ports – The Way Forward

Khalifa Port

Thinking outside the box has sprung a myriad of innovations throughout history and it is what is keeping us “alive ...

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Panama Canal Pilots Not Renegotiating Bargaining Agreement

Panama Canal Pilots Not Renegotiating Bargaining Agreement

The Panama Canal Pilots’ Union, a labor organization representing 256 professional pilots, has decided not to ...

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Readers’ Picks of the Week (Oct 6 -12)

Readers’ Picks of the Week

Freight rates are likely to fall further as carriers stand firm in their reluctance to reduce capacity on the ...

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Crowley and Seaboard Marine Start New VSA

Crowley and Seaboard Marine Start New VSA

Crowley Maritime Corporation’s liner services group and Seaboard Marine Ltd., have entered into a new vessel ...

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Avance’s Fire-Stricken Newbuild to Be Delivered ...

Avance' Fire-Stricken Newbuild to Be Delivered in November

The fire-stricken hull 1074 under construction at Jiangnan Shipyard in China is scheduled for delivery in November ...

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GSF Backs Maritime Emissions Monitoring System

GSF Backs Maritime Emissions Monitoring System

The Global Shippers’ Forum (GSF) is calling for shippers’ carbon reporting requirements to be fully ...

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