Teekay Tankers Sees Signs of Market Upturn in 2017

2017 will present some headwinds to crude tanker rates due to cuts to OPEC production, rising oil prices, and fleet ...

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Mitsui Delivers Neo60BC Bulker to Arist Maritime

Japanese shipbuilder and ship designer Mitsui Engineering & Shipbuilding (MES) has completed and delivered a ...

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Port of Tauranga Chasing 1 Million TEU Mark

New Zealand’s Port of Tauranga is on track to become the first port in the country to transport more than one ...

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ZIM Broadens Asia – Pacific North West Scope

Israeli container carrier Zim Integrated Shipping Services (ZIM) is to add the second Asia – Pacific North ...

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MHI-MME Makes 80 LNG Carriers Low Sulfur Fuel Ready

Japan’s Mitsubishi Heavy Industries Marine Machinery & Engine (MHI-MME) has completed main boiler ...

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Clarksons: Boxship Deliveries Entering Moderate Era?

As containership deliveries dropped from the record 1.7 million TEU in 2015 to just 0.9 million TEU in 2016, the ...

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ABS Issues Cyber Safety Notation for Marine Industries

As the focus on cyber safety is rising, the classification provider ABS has issued its first notation for the ABS ...

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Three Operators to Bid for Townsville Port Berth 4

Three terminal operators have been shortlisted and invited to submit proposals to operate the Berth 4 container and ...

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LR2s to Reap the Fruits from 0.5 Pct Sulphur Cap

Clean product tankers are likely to benefit from the implementation of the global 0.5% sulphur emissions cap as of ...

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1st Australian Commercial LNG Bunkering Completed

Wesfarmers’ EVOL LNG has carried out the first Australian commercial LNG bunkering operation, the company said. ...

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Crude Tanker Market Hit Hard by OPEC's Cut

The predicted influx of new tonnage, combined with the Organization of the Petroleum Exporting Countries’ ...

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New Zealand to Improve Seafarers' Onboard Conditions

In an effort to protect domestic and international seafarers and improve their safety and wellbeing onboard New ...

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Drewry: LPG Shipping Rates to Fall Further in 2017

Although the liquefied petroleum gas (LPG) shipping trade is expected to continue growing on the back of strong ...

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Three New Members Join SEALNG Coalition

Three new members have joined the multi-sector industry coalition SEA\LNG which aims to accelerate the widespread ...

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New ISO Standard to Ensure Safe LNG Bunkering Ops

As demand for liquefied natural gas (LNG)-fuelled vessels has increased, so has the demand for practical, ...

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Seabourn Encore Collides with Cement Carrier in Timaru Port

Seabourn Encore broke its moorings and hit a passing cement carrier in Port of Timaru, New Zealand, on February 12, ...

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Liner Shipping among More Consolidated Sectors

Although the container shipping sector saw a huge amount of consolidation in 2016 driven by the persistent pressure ...

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Dryad: Kidnap for Ransom at 10-Year High

The Gulf of Guinea and Southeast Asia have seen a significant increase in kidnapping incidents in 2016, according ...

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Dry Bulk Market to Recover from 2017 Onwards

The dry bulk shipping market is expected to recover from 2017 onwards driven by a narrowing supply-demand ...

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Crewman Dies in Explosion aboard Emerald Princess

A crewmember died in an explosion aboard the cruise ship Emerald Princess in the early morning hours on February 9 ...

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Top Five Panamax Bulker Trade Routes

Due to the tendency of trade routes to change pushing demand somewhere else, VesselsValue has put together a report ...

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Pilbara Ports' Cargo Volumes Up in January 2017

Australia’s Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 52.3 million tons (Mt) ...

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BIMCO: January Tanker Deliveries at a Record High

Crude oil tanker deliveries reached a record high in January as 5.5 million dwt of the capacity entered the fleet ...

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Chemical Vessel Oversupply to Continue Squeezing Rates

The expected expansion of the chemical shipping fleet in 2017, driven by the large number of orders placed in ...

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A Hundred More Panamaxes Need to Be Scrapped

Despite a massive scrapping spree of classic Panamax containerships, the sector remains under pressure as up to one ...

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