Shipping Pools - Potential Traps for the Unwary

Pressured by difficult markets and periods of economic uncertainty, shipping companies often turn to pool ...

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VLCC, Suezmax Fleet Sees Less Ton Miles in Q1

The global very large crude carrier (VLCC) and Suezmax fleet completed 4.6% less ton miles during the first quarter ...

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China's Iron Ore Import to Boost Dry Bulk Market

Alongside shipping of grains, China’s import of iron ore is set to continue to be a key driver for the demand ...

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Alphaliner: Vessel Demand Rises with New Alliances

With the launch of the new carrier alliances on the east-west trades on April 1, 2017, the demand for vessels and ...

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Drewry: Bigger Ships to Continue Pressuring Freight Rates

Westbound Asia to Mediterranean volumes have been disappointing thus far in 2017, but shipments heading in the ...

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APL Adds New North Asia-EC Australia Service

Singapore-based container shipping company APL intends to launch the China Australia Service 3 (CA3), a new weekly ...

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Australia's FWO Taking Transpetrol to Court

Australia’s Fair Work Ombudsman (FWO) said that it has launched legal action against a Norwegian shipping ...

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Gallery: Coal-Laden Water Spills from Adani's Terminal

Image Courtesy: Dean Sewell/Oculi Coal-laden water, which spilled from Australia’s Abbot Point coal terminal, ...

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Survey: Carriers' Service Rated as Poor to Average

The service provided by container shipping lines is rated as poor to average and has deteriorated in the past year, ...

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New Zealand Certifies First Vessel under MLC

Cook Strait passenger ferry Straitsman has become the first New Zealand ship certified under the international ...

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Strike Disrupts Ops at Port Kembla Coal Terminal

A three-day strike started at Australian Port Kembla Coal Terminal (PKCT) on April 11 over a dispute regarding ...

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Alphaliner: Container Carrier Giants End 2016 in Red

Despite the freight rate improvements that followed the collapse of Hanjin Shipping in late August, the average ...

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APL to Add Asia Fremantle Express Service

Singapore-based container shipping company APL, part of French CMA CGM, plans to launch the Asia Fremantle Express ...

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Drewry: Charter Market in Unexpected Revival

The charter market has found a new lease of life in the recent weeks driven in part by carriers’ poor network ...

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Australia Steps Closer to Mega Cruise Ship Terminal

Australia has taken another step toward its new mega-cruise ship terminal near the mouth of the Brisbane River as ...

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Panama Canal Talks Gas Shipping Growth with Asian Majors

Panama Canal Authority is looking into development opportunities in the gas shipping market now that it has ...

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Sacked MV Portland Workers to Be Fined

The Turnbull Government agency is seeking $10,800 fines for nine workers from the Alcoa ship MV Portland who were ...

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UMM Salal Runs Aground off Malaysia

An ultra large container vessel (ULCV) owned by the UAE-based United Arab Shipping Company (UASC) has run aground ...

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ITF Slams Australia’s Coastal Shipping Reform Plan

The International Transport Workers’ Federation (ITF) Cabotage Taskforce, today blasted Australia’s Productivity ...

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Madagascan Gov't Faces ILO Complaint about Fired Dockers

The Government of Madagascar has faced an International Labour Organization (ILO) complaint about its treatment of ...

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DSME and DNV GL Unveil New LNG Carrier Design

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) and the international classification ...

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MOL Forecasts Return to Profit amid Group Overhaul

Japan’s shipping major Mitsui O.S.K. Line is on the path of returning to profitability at the ordinary income ...

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Fire on board MSC Daniela Contained, No Injuries Reported

The fire which broke out onboard the 13,798 TEU containership MSC Daniela some 120 nautical miles off Colombo ...

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Viking Line Places Conditional Cruiseferry Order with Xiamen

Finland-based ferry company Viking Line signed a conditional shipbuilding contract with China’s Xiamen ...

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Jinhui Offloads Last Handysize Bulker

Hong Kong-based Jinhui Shipping and Transportation Limited has sold its last Handysize dry bulk carrier, Jin Yu, to ...

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North Queensland's Ports Returning to Full Ops

A week after weathering the impact of severe Tropical Cyclone Debbie, North Queensland’s ports of Abbot ...

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