Spotted: DP World Brisbane Welcomes 2 Giant ASCs

Image Courtesy: Kalmar

The phase 2 of the DP World Brisbane Automatic Stacking Cranes (ASC) project has kicked off with a delivery of two ...

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Clarksons: Cruise Industry Continues Expanding Its Horizons

Image Courtesy: Hapag-Lloyd Cruises

During the summer, the cruise ship fleet surged past half a million berths of total capacity as the cruise industry ...

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Toll Orders Two RoRo Ships at Jinling Shipyard

Image Courtesy: Toll Group

Melbourne-headquartered logistics provider Toll Group, part of Japan Post, has placed a AUD 170 million (USD 130 ...

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China Nods to Cruise Joint Venture

Image Courtesy: Carnival Corporation

Chinese central government has granted approval for a cruise joint venture between Carnival Corporation, China ...

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Hanjin Has Enough Cash to Cover Offloading Costs

Image Courtesy: Hanjin Shipping

Cash held by Hanjin Shipping, coupled with commitments from the company’s leading shareholder, the leading ...

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Rising Large Marine Losses Could Prove Too Much for Insurers

rising-marine-losses-could-prove-too-much-for-insurers

The increasing number of large marine losses can potentially put severe financial strain and overwhelm insurance ...

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VIDEO: Genting Dream Squeezes Through the Ems

Image Courtesy: Genting Hong Kong

Genting Hong Kong has shared a video of the river conveyance of Genting Dream, the first ship built for the Dream ...

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Fincantieri and CSSC Ink Agreement for First Chinese ...

Image Courtesy: Carnival Corporation

Italian shipbuilder and ship designer Fincantieri and China State Shipbuilding Corporation (CSSC) signed a ...

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Report: German Ports Open to Stranded Hanjin Boxships

Hanjin Gold at the Port of Hamburg. Image Courtesy: HHM / Dietmar Hasenpusch

South Korea’s financially troubled ocean carrier Hanjin Shipping has been cleared to unload and load ...

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Sirius Orders Two Tankers at AVIC Dingheng

Image Courtesy: FKAB

Swedish shipping company Sirius Shipping has placed an order for two 7,999 dwt oil/chemical tankers at ...

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Hyundai Heavy Secures Refund Guarantee for Tanker Duo

Image Courtesy: HHI

South Korean shipbuilder Hyundai Heavy Industries has secured a refund guarantee in connection to a recent order to ...

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MPC Capital Sells M-Star Boxship Fleet

Image for illustrative purposes only.

MPC Maritime Investments GmbH, a subsidiary of German asset and investment manager MPC Capital AG, has arranged the ...

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IUMI Calls for More Action to Tackle Containership Fires

Image Courtesy: Polizei Hamburg

Two recent onboard containership fires have fueled concerns from International Union of Marine Insurance (IUMI) ...

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Alphaliner: RMT Reaches List of Owners with Toxic Ships

Image Courtesy: Rickmers Maritime

Singapore-listed containership owner and operator Rickmers Maritime Trust (RMT) has become the latest casualty in a ...

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DP World Australia Gets A3 Consortium's Shipping Services

Image Courtesy: DP World Australia

Australia’s largest stevedore, DP World Australia, has been awarded seven of nine port calls on the A3 consortium’s ...

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ABTO Sheds Light on Cargo Liquefaction Dangers at Terminals

ABTO Chief Executive Ian Adams speaking to ICHCA members last week in London

The Association of Bulk Terminal Operators has warned that cargo liquefaction, an issue commonly associated with ...

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BW LPG Goes After Aurora

Image Courtesy: BW LPG

Singapore-based BW LPG Limited will launch a voluntary tender offer for all of the remaining shares in Aurora LPG ...

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FESCO and Rusagro Bolster Vladivostok Ties

Image Courtesy: VMPT

Russia’s FESCO Transportation Group and Rusagro Group have signed an Agreement of Intent to arrange a ...

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IUMI: Marine Insurance Market Faces Uncertain Future

tianjin

Global marine underwriting premiums in 2015 amounted to USD 29.9 billion, down by 10.5% compared to the 2014 ...

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Shen Neng 1 Owners to Pay USD 30 Mn for GBR Damage

Image Courtesy: GBRMPA

The Australian Government has reached an AUD 39.3 million (USD 29.6 million) out of court settlement with the ...

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Australia Awards Port of Melbourne's 50-Year Lease

Image Courtesy: Premier of Victoria

The commercial operation of Australia’s Port of Melbourne has been leased for more than AUD 9.7 billion (USD ...

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Drewry: Specialised Reefers Punching above Their Weight

Image Courtesy: Siem Shipping

Tonnage provision and forecast cargo share for the specialised reefer ships will continue to reduce in coming ...

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Readers' Picks of the Week

readers-picks

BIMCO: Lowest Level of Newbuilding Contracts in 20 Years Shipyards become the next victim of the deteriorating ...

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Clarksons: Shipyards Struggling to Remain Active

Image Courtesy: HHI

The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 ...

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Moore Stephens: Shipping Needs to Improve Risk Management

Image Courtesy: BSM

Not enough companies in the shipping industry are following joined-up risk management procedures, according to ...

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Gallery: AAL Delivers Giant ESP Module to Port Pirie

Image Courtesy: AAL

On August 9, the AAL Dampier, a general cargo ship owned and operated by Singapore-based breakbulk, project cargo ...

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Drewry: Perishable Reefer Trade to Continue Growing

Image Courtesy: Siem Shipping

Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in ...

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