Frontline CEO: Tanker Orderbook Is a Concern

Tanker Orderbook Is a Concern

The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new ...

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Chartering of LNG Shipping Weakens Further in Q2

Q2 Marked by Weak Market for Chartering of LNG Shipping

The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in ...

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DP World’s Earnings Up by 22 Pct

DP World's  Earnings Up by 22 Pct

Global marine terminal operator DP World reported strong financial results from its global portfolio of marine ...

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Crewtoo: Seafarers Dread Port Calls

Seafarers Dread Port Calls

Seafarers sometimes fear port calls because of the increase in workload caused by the many audits and inspections ...

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Sea Freight Keeping Logistics Situation Index Afloat

Sea Freight Keeping Logistics Situation Index Afloat

The Stifel Logistics Situation Index showed an easing in demand in August, resulting in a decline of 1.8 points to ...

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Two More LNG Carriers for Maran Nakilat JV

Two More LNG Carriers for Maran Nakilat JV

Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has expanded its joint venture with Greek ...

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BSR: Average CO2 Emissions Continue Declining

CO2-Emissionss

Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8.4 ...

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GAIL Seeking to Renew LNG Deal with Iran

GAIL Seeking to Renew LNG Deal with Iran

India’s gas utility company GAIL is seeking to revive an LNG deal with Iran dating back from 2005 as steps on ...

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Mega Boxships, Rising Demand Fueling Port Investment Race

Mega Boxships and Rising Demand Trigger Port Investment Race

Rising global container port demand and ever larger vessels are driving terminal operators to make significant ...

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Platts: Dry Bulk Market Needs at Least 3 Years to Recover

Dry Bulk Market Needs at Least 3 Years to Recover

The currently crippled global dry bulk freight market is expected to take at least three years to hit the road to ...

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Svitzer Sets Growth Goals

Svitzer Sets Growth Goals

Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, ...

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Reefer Trade Immune to Downturn

Perishable Reefer Trade Immune to Downturn

Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, ...

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Readers’ Picks of the Week (17-21 of August)

Readers’-Picks

Update 2: Tianjin Port Disaster Claims 112 Lives, 95 Missing Rescue crews have found 112 bodies, with 95 people ...

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Too Early to Declare Victory for Dry Bulk Shipping

Too Early to Declare Victory for Dry Bulk Shipping

The depressed dry bulk shipping market has seen a modest recovery since the beginning of the year, spurred by a ...

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DNV GL Adds Class Notation for Ship-to-Ship Gas Bunkering

DNV GL Adds Class Notation for Ship-to-Ship Gas Bunkering

DNV GL has developed a new class notation for gas bunker vessels aimed at ensuring safe fuel transfer operations ...

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ZIM Stays in Black

ZIM Sails Back to Profit

Israel’s shipping company ZIM reported a net profit of USD 23 million for the second quarter of 2015, ...

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Port of Aden Reopens for Business

Port of Aden Reopens for Business

The port of Aden has opened after being shut down for four months due to armed clashes in the country, according to ...

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Rubbish Crisis Shuts Down Beirut Port

Rubbish Crises Shuts Down Beirut Port1

Work in the port of Beirut stopped on August 13th as workers staged a cautionary strike over serious health and ...

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Port Hodeidah Bombed in Saudi-Led Airstrikes

Port Hodeidah Bombed in Saudi-Led Airstrikes

Yemen’s fourth largest port Hodeidah, located on the Red Sea, was bombed on Monday, August 17th, in Saudi-led ...

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The High Tide for Tanker Owners Soon to Be Over?

The High Tide for Tanker Owners Soon to Be Over

A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from ...

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Global Liners More Reliable in Q2

Global Liners More Reliable in Q2

Global liner schedule reliability in the second quarter of 2015 improved to 76.5% from 69.6% in the previous ...

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Chemical Tankers Reap Fruits from Product Tanker Demand

Chemical Tankers

The chemical tanker shipping market has been strongly supported by specialised trades and clean petroleum products ...

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2M Bringing Their Ships to Haifa

Maersk Gustav

The 2M container shipping giants, Danish Maersk Line and Mediterranean Shipping Company (MSC) have signed a ...

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Readers’ Picks of the Week (8-12 of August)

Readers' Picks of the Week (8-12 of August)

China Orders Merger Between Two Biggest Shipping Companies The government of China has reportedly ordered the ...

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2M Cuts Condor Service

2M Phases Out Condor Service

The 2M alliance between two of the world’s largest container carriers – Maersk Line and Mediterranean ...

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Crew Swims Ashore after Bulker Sinks off Yemen

Crew Swims Ashore after Bulker Sinks off Yemen

All 24 Russian, Ukrainian and Filipino crew members of the Panama-flagged bulk carrier Focomar which sank off Yemen ...

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Video: Maersk Adrian Sails through New Suez in 3 Minutes

Maersk Adrian Sails through New Suez in 3 Minutes

World’s biggest container carrier Maersk Line recently posted a 3-minute timelapse of the 6,600 TEU Adrian ...

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