Drewry: LNG Market Will Need More Vessels

Image Courtesy: MOL

Despite the current weakness in liquefied natural gas (LNG) shipping rates, the market will require more LNG ...

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CMA CGM Sets Up Bengal Bay Express Service

Image Courtesy: CMA CGM

French container shipping major CMA CGM has launched Bengal Bay Express, a new direct service connecting Thailand, ...

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Diana Shipping Delivers Wider Loss

Image Courtesy: Diana Shipping

As the activities in the dry bulk shipping industry remained slow, the Greek dry bulk ship owner Diana Shipping ...

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Termination of Suezmax JVs Affects Euronav's Profits

Image Courtesy: Euronav

Antwerp-based tanker owner and operator Euronav NV has recorded its first half of 2016 earnings at USD 153.7 ...

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MAIB: Number of Ship Accidents Drops in 2015

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The number of accidents reported to the UK’s Marine Accident Investigation Branch (MAIB) dropped to 1,057 ...

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Moore Stephens: Shipping to Disclose or Risk Being Exposed

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The shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to ...

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Another Service Cut from Far East - North America Trade

Image Courtesy: Hapag-Lloyd

This year’s weak market conditions in the Far East – North America transpacific trade have claimed another ...

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Scorpio Bulkers Sees Decrease in Net Loss

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NYSE-listed dry bulk owner and operator Scorpio Bulkers has reported its net loss for the second quarter of 2016 at ...

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APL to Enhance Its Asia-Europe Trade with FEX

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Singapore-based container shipping company APL is planning to launch Felixstowe Express Service (FEX), a new weekly ...

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Costamare Secures Financing for Two New Boxships

Image Courtesy: MSC

During the second quarter of 2016, the Athens-based containership owner Costamare Inc. secured USD 88 million of ...

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Interview: LNG Could Solve Emissions Issue in EU Ports

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A new regulation requiring the gross mass of a container to be verified before it is loaded onto a ship, which ...

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Diana Containerships Cuts Quarterly Dividend

Image Courtesy: Diana Containerships

Based on the current container vessel charter market, Athens-based shipping company Diana Containerships Inc. made ...

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LNG-Gorskaya Gets Nod to Build Eco Port in Saint-Petersburg

Image Courtesy: LNG-Gorskaya

Federal Marine and River Transport Agency (Rosmorrechflot) has issued a permit to Russia’s LNG-Gorskaya for ...

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China Navigation Secures Remote Monitoring for Its Fleet

Image Courtesy: China Navigation Company

The China Navigation Company (CNCo), a deep sea ship owning and operating arm of the Swire group, has inked a ...

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ILO: MLC Changes to Protect Seafarers against Desertion

Image Courtesy: Danny Cornelissen/Nautilus International

International Labour Organization (ILO) member states have confirmed the amendments to the Maritime Labour ...

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Marseille Fos Sees Recovery in Passenger Numbers

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A mixed first-half at French port Marseille Fos saw continued growth in general cargo and a recovery in passenger ...

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USD 43.8 Bn Fleet Awaiting Delivery in 2016

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During the first half of 2016, some USD 28.4 billion worth of vessels have been delivered to their respective ...

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Xeneta: Container Shipping’s Peak Season Weakens?

Image Courtesy: Hapag-Lloyd

Due to a glut of surplus capacity in the container shipping industry, the peak season seems to have lost its ...

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OPDR to Expand Presence in Russia

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German short sea container shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR), a subsidiary of ...

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Maersk's Saego Line Adds New Boxship to Liverpool Service

Image Courtesy: Peel Ports

Saego Line, a subsidiary of Danish shipping company Maersk, has introduced a new vessel, the Independent Accord, to ...

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Baltic Exchange Reaches Deal with Panellists

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In light of the potential acquisition of London’s Baltic Exchange by Singapore Exchange (SGX), the Baltic ...

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GAC Russia Expands Far East Presence

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GAC Russia is expanding eastwards with the opening of new branches at Nakhodka and Yuzhno-Sakhalinsk to meet demand ...

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MSC, CMA CGM Back New Container Tracking System

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Mediterranean Shipping Company (MSC) has joined forces with the French shipping giant CMA CGM in backing French ...

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Taking the Maritime Industry to the Next Level

Certainty is a scarce good in a continuously changing world. The speed with which new developments arise, seems to ...

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CMA CGM Reopens Barcelona-Djen Djen Regular Service

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French container shipping company CMA CGM NAF Lines is relaunching a regular service from Barcelona, Spain, to Djen ...

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IMB: Maritime Crimes Hit Lowest Levels in Decades

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Piracy and armed robbery at sea have fallen to their lowest levels since 1995, despite a surge in kidnappings off ...

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Drewry: Brexit to Prompt Change in UK's Imports-Exports Mix

Image Courtesy: TTS Club

The UK’s decision to leave the European Union would probably lead to a change in the mix, as the UK could switch ...

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