Port of Tauranga Ready for Larger Ships

Image Courtesy: Port of Tauranga

New Zealand’s Port of Tauranga expects to handle over one million TEUs in the year ended June 2017, following ...

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MSI: Dry Bulk Market Could Recover in 4th Quarter

Image Courtesy: Diana Shipping

The dry bulk markets are expected to see a fourth quarter bounce in chartering activity for both the Capesize and ...

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Foreign Crew of Five Stars Fujian Stranded off Queensland

Image Courtesy: Shipspotting

Twenty Chinese nationals are stranded aboard their 2009-built bulk carrier Five Stars Fujian off the coast of ...

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Drewry: Pressure Mounts on Carriers to Cut Costs

Image Courtesy: Maersk Line

As the container industry revenues are contracting faster than carriers can cut costs, the shipping consultancy ...

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Readers' Picks of the Week

Readers’ Picks of the Week (Nov 16th – Nov 20th)

Hapag-Lloyd Sees Disappointing First-Half Year Result German shipping major Hapag-Lloyd said its first-half year ...

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Greyman Express Kicks Off Australia-Cambodia Cattle Trade

Image Courtesy: Vroon

Greyman Express, a livestock carrier owned by the Dutch shipping company Vroon, has recently transported 2,760 head ...

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MSI: Future Shipping Cycles to See Structural Change

Image Courtesy: Sea Cargo US

Excess shipyard capacity and a slowing but still considerable orderbook are the negative factors overhanging ...

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ACCC OKs Bids for 50-Year Lease of Port of Melbourne

Image Courtesy: Port of Melbourne

After it looked into potential cross-ownership interests and vertical relationships related to the Port of ...

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Alphaliner: Global Container Volumes Rise at Sluggish Pace

Image Courtesy: Port of Rotterdam

As the weak volume growth recorded in the first half of 2016 dragged full year volume projections down, Alphaliner ...

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Gallery: MV Voyageurs Unloading at Iskenderun Port

Image Courtesy: Teekay

Capesize bulker MV Voyageurs, managed by Teekay Australia, discharged last week at the Port of Iskenderun in ...

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Infographic: How Shipowners Changed Behavior in 1H 2016

Image Courtesy: STX

The infographic below, released by VesselsValue, shows the change in ship ordering, selling and scrapping ...

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Ports of Auckland to Start Terminal Automation

Image Courtesy: Ports of Auckland

New Zealand’s container port Ports of Auckland is preparing to start works to partially automate its container ...

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Drewry: Mega-Alliances Could Help Transhipment Hubs

Image Courtesy: MPA Singapore

The world’s largest transhipment hubs are exposed to numerous risks, from poor underlying demand to increasing use ...

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Tanker Market Could See More Upside Potential in 2H

Image Courtesy: Frontline

Due to rather severe summer doldrums, earnings across all tanker sectors dropped to levels not seen since ...

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Readers' Picks of the Week

Readers’ Picks of the Week (Nov 16th – Nov 20th)

Euronav Purchases VLCC Newbuilding Duo Antwerp-based tanker owner and operator Euronav NV has decided to further ...

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Value of Second-Hand Vessel Sales Halved in July

Image Courtesy: MOL

A total of USD 1.6 billion was spend on second-hand vessels in July 2016, compared to USD 3.1 billion spent in the ...

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Pilbara Ports Marks Slight Rise in July Throughput

Image Courtesy: Pilbara Ports

Australia’s Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 52.9 million tonnes for the ...

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Alphaliner: Boxship Orderbook Ratio Drops Like It's 1999

Image Courtesy: MSC

The containership orderbook, measured as a percentage of the existing fleet, has fallen to its lowest level since ...

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Drewry: Dry Bulk Charter Rates on Road to Recovery

Image Courtesy: Diana Shipping

Charter rates on major dry bulk shipping routes are expected to recover due to increasing trade and contracting ...

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ZIM Most Reliable Carrier in 2nd Quarter

Image Courtesy: ZIM

Israel’s cargo shipping company ZIM Integrated Shipping Services Ltd. was the most reliable carrier during ...

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New Zealand's POAL, Napier Port Form Alliance

Image Courtesy: Ports of Auckland

New Zealand’s Ports of Auckland Limited (POAL) and Napier Port plan to enter into a strategic alliance in an ...

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Drewry: MR Charter Rates to Drop amid Falling Freight Rates

Illustration; Image Courtesy: Ardmore

Time charter rates in the smaller chemical tanker vessel sizes are expected to remain stable over the next two ...

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GSF Develops Plan to End Container Shipping Surcharges

Image Courtesy: BSM

Global Shippers’ Forum (GSF) has developed a plan to end container shipping surcharges within five years, GSF ...

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Fremantle Port Okays EVOL LNG's Bunkering Plan

Image Courtesy: Fremantle Port

Australia’s Fremantle Ports has granted its approval to the provider of liquefied natural gas EVOL LNG to ...

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Container Port Operators Eye Mergers and Acquisitions

Image Courtesy: FEPORT

Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports ...

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Drewry: Idle Boxship Fleet Increases across All Ship Sizes

Image Courtesy: UASC

Growing overcapacity is causing an increase in the idle containership fleet across all ship sizes and apparently in ...

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Readers' Picks of the Week

Readers’-Picks

USD 43.8 Bn Fleet Awaiting Delivery in 2016 During the first half of 2016, some USD 28.4 billion worth of vessels ...

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