Readers’ Picks of the Week (13-17th of October)

Readers’ Picks of the Week (13-17th of October)

Cruise Passenger with Ebola Symptoms Denied Entry to Belize A Dallas hospital nurse who was reportedly in contact with specimen collected from a deceased Ebola patient, travelling on board Carnival Magic, has been denied ...

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Second-Hand Panamax Prices Hit Bottom

Second-Hand Panamax Prices Hit Rock Bottom

Extremely poor demand for second-hand Panamax ships of 4,000 TEU has brought asset prices to the floor for that ...

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Elbe Starts Maiden Voyage

Elbe Starts Her Maiden Voyage1

A 9400 TEUs container ship CMA CGM Elbe set out on her maiden voyage from Dalian, China, on October 14, 2014. The ...

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Australia Sets Out Antarctica Agenda

Australia Sets Out Antarctica Agenda

The Australian Government has released the 20 Year Australian Antarctic Strategic Plan, which provides a blueprint ...

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Dry Bulk Market Facing Bleak Prospects

Dry Bulk Market Facing Bleak Prospects

The Hong Kong-listed Pacific Basin Shipping has issued its Third Quarter 2014 Trading Update, stating that the dry ...

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Ships Collide as Super Storm Hits Port Botany

Ships Collide as Super Storm Hits Port Botany

A super storm that hit Sydney Tuesday night wrought havoc on the city’s commercial Port Botany, cutting the ...

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Recovering Freight Rates Threatened by Uncertainty

Recovering Freight Rates Threatened by Uncertainty

The oversupply in the freight market is still clearly felt as Panamax freight rates drag along, the Baltic and ...

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Slow Economic Recovery Affecting Shipping

Illustration

The global shipping demand remains subdued by slow economic activity, according to BIMCO, as the International ...

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Australia: Without Competition Exemptions Shipping ...

Higher Shipping Costs Without Competition Exemptions

Exporters and consumers will suffer greater price instability and higher shipping costs if the shipping competition ...

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China Taking Aim at Cruise Industry

China Taking Aim at Cruise Industry

Carnival Corporation cruise company  has signed a memorandum of understanding (MOU) with the China State ...

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Asia Pirates Less Active This Trimester

Asian Pirates Less Active This Trimester

The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) has ...

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Franbo Orders Three

Franbo Orders Three

Taiwan-based  Franbo Lines has ordered three new 16,500-dwt bulkers through an agreement signed with Japanese ...

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NOC: Seas Might Rise 180cm by 2100

NOC: Seas Might Rise 180cm by 2100

A paper published in Environmental Research Letters by the U.K. National Oceanography Centre’s (NOC) ...

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Shanghai – Antwerp Bond Deepened

Ports of Shanghai and Antwerp Deepening Bonds

The port of Shanghai  and the port of Antwerp have signed a Memorandum of Understanding (MoU) during the recent ...

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Hyundai Heavy Axing Top Brass

Hyundai Heavy Axing Top Brass

South Korea’s shipbuilder Hyundai Heavy Industries asked all executive level managers except the chairmen and ...

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Infographic: Basic Anatomy of Modern Seafaring

Have you ever asked yourself what is the total number of seafarers in the world? Or maybe which country has the ...

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IMO Kicks Off 67th MEPC Meeting

IMO Kicks Off 67th MEPC Meeting

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) is meeting for ...

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HMM Selling Stake in US Container Terminals

HMM Selling Stake in US Container Terminals

Hyundai Merchant Marine (HMM) is planning to raise USD 140 million through the liquidation of its container ...

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Clear Sailing for Suezmaxes

Are Suezmaxes Making a Comeback

Several tanker owners have recently placed orders for Suezmax tankers and market pundits have discussed the merits ...

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DSME Back at MAN Diesel & Turbo

DSME Back at MAN Diesel & Turbo

MAN Diesel & Turbo has received an order for four MAN B&W 5G70ME-GI engines in connection with Daewoo ...

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SHI Scores LNG Carrier Triplet Order

SHI Scores LNG Carrier Triplet Order

On October 13, Samsung Heavy Industries won an order amounting to USD 620 million for three LNG carriers from an ...

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Wärtsilä to Provide Gas Handling Systems for Largest ...

Wärtsilä to Provide Gas Handling Systems for Largest Ethane Carriers

Samsung Heavy Industries has ordered Wärtsilä gas handling systems for a set of  six new 87,000 cm3 capacity very ...

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NGOs Ask for Publicly Available Ship Efficiency Data

NGOs Ask for Publicly Available Ship Efficiency Data

Transport & Environment, Seas at Risk and Carbon War Room have urged the United Nations’ International ...

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Moody’s Says Shipping Industry Outlook Stable

Moody's Says Shipping Industry Stable

Moody’s Japan K.K. said its outlook for the global shipping industry is stable, with moderate EBITDA growth ...

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Interview: Offshore Ports – The Way Forward

Khalifa Port

Thinking outside the box has sprung a myriad of innovations throughout history and it is what is keeping us “alive ...

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