Qatargas Delivers 1st Spot LNG Cargo to JERA

Image Courtesy: Qatargas

Qatargas Operating Company Limited (Qatargas) has shipped its first spot liquefied natural gas (LNG) cargo ...

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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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Court Clears Daiichi Chuo’s Rehabilitation Plan

Image Courtesy: Daiichi Chuo

Japanese bulk-shipper Daiichi Chuo Kisen Kaisha (DCKK) has received support for its rehabilitation plan submitted ...

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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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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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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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Climate Activists Target Coal Shipments in Indonesia

Image Courtesy: Greenpeace

Climate activists have continued their protest against coal shipments over the weekend targeting Indonesia, the ...

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Vallianz’s Order Book Surges to USD 1.2 Bn

Image Courtesy: Vallianz Holdings Limited

Singapore-based offshore support vessel provider Vallianz Holdings Limited has secured contracts worth up to USD ...

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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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Third Alliance Members Revealed

Image Courtesy: WSC

Global carriers Hanjin, Hapag-Lloyd, “K”Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming have agreed to ...

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Seven Carriers Joining Forces in New Alliance?

Image Courtesy: ECT

As the topic on the formation of the new global carrier alliance heats up, new details have emerged on the members ...

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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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Patrick Wharfies Turn Down New Enterprise Agreement

Image Courtesy: Port of Botany

Workers at Patrick’s terminals have voted down a new enterprise agreement for four stevedore Patrick’s ...

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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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Low Earnings Prompt Rating Downgrades for Japan's Big Three

Image Courtesy: NYK Line

Japanese shipping majors Nippon Yusen Kabushiki Kaisha’s (NYK), Mitsui O.S.K. Lines (MOL) and Kawasaki Kisen ...

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Gallery: Protesters 'Block' Coal Shipments at Newcastle

Image Courtesy: 350.org Australia

The Australian police arrested 66 activists after they reportedly shut down the operations in Newcastle coal port, ...

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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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MOL, Gas Sayago Move Forward with Uruguay LNG FSRU Deal

MOL

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to ...

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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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NOL Books USD 105Mn Net Loss amid Market Overcapacity

Image Courtesy: NOL

Singapore-based Neptune Orient Lines (NOL) Group today reported a net loss after tax of USD 105 million for the ...

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Alphaliner: Third Alliance in the Making?

Image Courtesy: WSC

The eight container carriers left out of the two major alliances, the 2M and Ocean Alliance, could team up under a ...

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No Recovery for LNG Shipping Rates until 2018

Image Courtesy: Cheniere

Liquefied natural gas (LNG) shipowners will have to wait until 2018 for earnings to improve, when the majority of ...

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Shipowners Forced to Either Cut Rates or Fleet

Image Courtesy: MSC

The current container market downturn is forcing some independent shipowners to either reduce charter rates to help ...

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New Livestock Carrier Joins Wellard’s Fleet

Image Courtesy: Wellard

Australian livestock ship owner and operator Wellard Group added to its fleet the M/V Ocean Shearer, a livestock ...

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Damen to Build New Australian Icebreaker

The signing of the contract for Australia's new icebreaker. Image courtesy: Australian Antarctic Division

Damen Schelde, part of Damen Shipyards Group, has officially won a contract to design and build Australia’s ...

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