LR to Class Largest Heavy Lift Crane Vessel

LR to Class Largest Heavy Lift Crane Vessel

International classification society Lloyd’s Register (LR) has won a contract to class the world’s largest ...

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Cosco Pacific Increases Profit Despite Weaker Euro

Cosco Pacific Increases Profit Despite Weaker Euro

Hong Kong-based container terminal operator Cosco Pacific Limited, part of Cosco Group, saw a 5% dip in revenue ...

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Frontline CEO: Tanker Orderbook Is a Concern

Tanker Orderbook Is a Concern

The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new ...

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Port and Government Officials Probed over Tianjin Blasts

Port and Government Officials Probed over Tianjin Blasts

Chinese prosecutors have started investigations against eleven current and former government and port officials for ...

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Chartering of LNG Shipping Weakens Further in Q2

Q2 Marked by Weak Market for Chartering of LNG Shipping

The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in ...

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Uni-Asia and Yamasa Team Up to Buy Four Bulkers

Uni-Asia and Yamasa Team Up to Buy Four Bulkers

Hong Kong-based ship owner and charterer Uni-Asia Holdings Limited has entered into four agreements with its ...

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Spotted: Sakhalin Enters 1K Club

The offloading of 1000th LNG cargo from Prigorodnoye port

Sakhalin Energy, the operator of Russia’s first LNG plant, offloaded the 1000th standard cargo of liquefied ...

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G6 Starts Gothenburg Calls

G6 Starts Gothenburg Calls

The G6 alliance of container lines has started calling at Port of Gothenburg today through a new weekly direct ...

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Hyundai Heavy Workers Stop Work over Wage Freeze

Hyundai Heavy Workers Stop Work over Wage Freeze

Around 3,500 workers at South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) staged a three-hour ...

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Delivery of ULCSs Set to Slow Down in 2016

Barzan

The steady flow of ultra-large containerships (ULCS) into the Asia-Europe trade will ease briefly in 2016, as the ...

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China's Trade to Keep Up the Momentum despite Setbacks

China's Trade Expected to Boom in Next 5 Years

 Trade from China and Southeast Asia to North America and Europe is expected to boom in the next five years, ...

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HPA: Email Layoffs Preceded by Extensive Consultation

Hutchinson-Ports-Australia-Fires-100-Dockworkers-via-Email

Hutchinson Ports Australia (HPA) said in a clarification that the recent laying off of 87 staff via text messages ...

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Crewtoo: Seafarers Dread Port Calls

Seafarers Dread Port Calls

Seafarers sometimes fear port calls because of the increase in workload caused by the many audits and inspections ...

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Sea Freight Keeping Logistics Situation Index Afloat

Sea Freight Keeping Logistics Situation Index Afloat

The Stifel Logistics Situation Index showed an easing in demand in August, resulting in a decline of 1.8 points to ...

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BSR: Average CO2 Emissions Continue Declining

CO2-Emissionss

Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8.4 ...

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Townsville and Quinzhou Sign Sister Port Agreement

Port of Townsville

Australia’s state-owned Port of Townsville and the Port of Qinzhou in China have signed a sister port ...

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Great Pacific Garbage Patch Is a Ticking Time Bomb

Great Pacific Garbage Patch Is a Ticking Timebomb

Scientists and volunteers at the Ocean Cleanup have concluded the so-called ”Mega Expedition” aimed at ...

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DSME Shipyard in Flames

DSME Shipyard in Flames

Two workers died and seven were injured in a fire that broke out at in a dry dock 8 at Daewoo Shipbuilding & ...

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Mega Boxships, Rising Demand Fueling Port Investment Race

Mega Boxships and Rising Demand Trigger Port Investment Race

Rising global container port demand and ever larger vessels are driving terminal operators to make significant ...

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Radio Holland to Look After Thome’s Champions

Radio Holland to Look After Thome's Champions

Radio Holland, part of Imtech Marine, has signed a Managed Service Agreement (MSA) with Singapore-headquartered ...

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Platts: Dry Bulk Market Needs at Least 3 Years to Recover

Dry Bulk Market Needs at Least 3 Years to Recover

The currently crippled global dry bulk freight market is expected to take at least three years to hit the road to ...

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Svitzer Sets Growth Goals

Svitzer Sets Growth Goals

Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, ...

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Reefer Trade Immune to Downturn

Perishable Reefer Trade Immune to Downturn

Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, ...

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Hengfu Shipbuilding Resumes Operations

Hengfu Shipbuilding Resumes Operations

Hengfu Shipbuilding, the largest shipyard in Ningbo, China, until its bankruptcy in 2011, is to resume operations ...

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Readers’ Picks of the Week (17-21 of August)

Readers’-Picks

Update 2: Tianjin Port Disaster Claims 112 Lives, 95 Missing Rescue crews have found 112 bodies, with 95 people ...

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Korean Bulker Crew Denied Food and Pay

Korean Bulker Crew Denied Pay and Food

The crew of a Korean bulk carrier in Mackay, Queensland, Australia, has been denied basic rights such as access to ...

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Too Early to Declare Victory for Dry Bulk Shipping

Too Early to Declare Victory for Dry Bulk Shipping

The depressed dry bulk shipping market has seen a modest recovery since the beginning of the year, spurred by a ...

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