MOL, Tokyo LNG Tanker to Build and Charter LNG Carrier

MOL, Tokyo LNG Tanker to Build and Charter LNG Carrier

Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) has concluded a basic agreement on joint ownership and 20-year charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker, and signed a contract with Japan Marine ...

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Philippine Coast Guard Rescues Crew from Sinking Ferry

Philippine Coast Guard Rescues Crew from Sinking Ferry

The Philippine Coast Guard rescued the crew members of a sinking passenger-cargo vessel MV Super Shuttle Ferry 11 ...

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UASC Names First LNG-Ready Containership Giant

UASC Names First LNG-Ready Containership Giant

United Arab Shipping Company (UASC) has named the industry’s first ever LNG-ready ultra large container vessel in ...

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Platts: VLCC Rates on the Rebound

VLCC Rates on the Rebound

Worldscale rates for VLCCs on the East of Suez routes have reached more than nine-month highs, Platts cited market ...

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Tandara Spirit Crew End Their Sit-In

Tandara Spirit Crew End Their Sit-In, Head for Singapore

The Australian crew of the product tanker Tandara Spirit decided yesterday to end their sit-in and to sail the ...

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ICTSI Stretches Manila Terminal

ICTSI Stretches Manila Terminal

Philippines’ largest port terminal operator International Container Terminal Services, Inc. (ICTSI) has ...

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MHI Ushers In Sayaringo STaGE

MHI Ushers In Sayaringo STaGE

Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of the “Sayaringo ...

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IMO Approves IGF Code

IMO Approves IGF Code

IMO’s Maritime Safety Committee approved, in principle, the draft International Code of Safety for Ships ...

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Tasmania to Renew International Shipping Service

Tasmania to Renew International Shipping Service

The government of Tasmania expects to sign a Memorandum of Understanding with Singapore-based Swire Shipping in the ...

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Image of the Day: Chasing the Sun

Image of the Day Chasing the Sun

The image shows the U.K. Navy’s HMS Atherstone which has spent the last two weeks working in close company ...

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Approaching Limits in Ship Size Development

DNV GL’s Container Ship Forum and Bulk Carrier Forum

The shipping industry is slowly approaching limits in ship size development, DNV GL Business Director Jost Bergmann ...

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Second-Hand Market More Active than Newbuilding

Second-Hand Market More Active than Newbuilding

The Panamax and 2,500TEU sectors continued to be the two areas that sparked the most interest and the highest ...

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Two-Way Shipping Routes at PNG’s Jomard Entrance

Two-Way Shipping Routes at PNG’s Jomard Entrance

A new ship routeing system will come into effect on 1 June, 2015 at Papua New Guinea’s Jomard Entrance. The ...

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Search for Missing Cruise Passenger Stopped

AMSA Stops Search for Missing Cruise Passenger

Based on expert medical advice regarding his survivability the Australian Maritime Safety Authority (AMSA) has ...

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Royal Caribbean Launches Chinese JV

Royal Caribbean Launches Chinese JV

Royal Caribbean Cruises Ltd. and Ctrip.com International Ltd. have agreed to form a strategic partnership through ...

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Maritime Traffic Up Fourfold in Two Decades

Maritime Traffic Up Threefold in Two Decades

Maritime traffic on the world’s oceans has increased 300 per cent over the past 20 years, according to a new study ...

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CMA CGM Splits ASEA Service

CMA CGM Splits ASEA Service

CMA CGM Group is dividing its Asia-East Africa (ASEA) service into two distinct services starting December 2014, ...

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Interferry Backs New LNG Tank Placement Rules

Viking Grace is LNG bunkering in Port of Stockholm

Interferry, a global ferry industry association, has welcomed a decision at last week’s IMO Maritime Safety ...

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Asia – North Europe Rates to Stay Unchanged in 2015

Asia - North Europe Rates to Stay Unchanged in 2015

Since September the spot market on Asia – North Europe trade routes has tracked a similar course of falling ...

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AMSA Bars Repeat Offender

AMSA Bars Repeat Offender

The Australian Maritime Safety Authority (AMSA) has issued a direction to Indonesian flagged container ship ...

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Plunging Oil Prices Driving Down Fuel Costs

Plunging Oil Prices Could Cut Fuel Costs by USD 1 Mln

Fuel costs could be cut by as much as USD 1 million a year if current price levels stay put for ships that burn 24 ...

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IMRF: Dealing with Media Pressure Key in SAR Operations

IMRF Dealing with Media Pressure Key in SAR Operations

Media pressure, and particularly the posting of unverified stories on social media, has become a significant factor ...

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Cruise Lines Deploying More Capacity in Asia

Cruise Lines Deploying More Capacity in Asia

 The cruise industry continues to grow rapidly in Asia and many cruise lines are deploying more capacity in the ...

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Lower US Demand Reshuffles West African Crude Moves

Lower US Demand Reshuffles West African Crude Moves

West African crude moves have shifted from the U.S. to Europe as lower demand from the U.S. has forced a reshuffle ...

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DP World, Qingdao Port Group Deepen Collaboration

DP World, Quingdao Port Group Deepen Collaboration

DP World, Dubai, and Qingdao Port Group, China, have signed a Strategic Framework Agreement to enhance port ...

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