LR2s to Reap the Fruits from 0.5 Pct Sulphur Cap

Clean product tankers are likely to benefit from the implementation of the global 0.5% sulphur emissions cap as of ...

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Nakilat's Long-Term Deals Secure Its Yearly Profit

Despite the challenging market conditions Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) ...

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Crude Tanker Market Hit Hard by OPEC's Cut

The predicted influx of new tonnage, combined with the Organization of the Petroleum Exporting Countries’ ...

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GulfNav Settles VLCC Dispute

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has reached a final settlement with three ...

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Iraq About to Invest in Large Tanker Fleet

Iraq has set sights on creating a large fleet of modern oil tankers to transport the country’s crude, Reuters ...

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Drewry: LPG Shipping Rates to Fall Further in 2017

Although the liquefied petroleum gas (LPG) shipping trade is expected to continue growing on the back of strong ...

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Three New Members Join SEALNG Coalition

Three new members have joined the multi-sector industry coalition SEA\LNG which aims to accelerate the widespread ...

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New ISO Standard to Ensure Safe LNG Bunkering Ops

As demand for liquefied natural gas (LNG)-fuelled vessels has increased, so has the demand for practical, ...

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Maersk Line, EQUATE to Cut CO2 Emission in Shipping

Danish shipping giant Maersk Line and producer of petrochemicals EQUATE Petrochemical Company have signed a ...

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CMA CGM Enhances East Med-North Europe Service

French container shipping company CMA CGM plans to upgrade NC Levant, a service connecting the Eastern ...

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Gaza FSO Offloads 1st Crude Oil Cargo in Libya

The first crude oil shipment was offloaded from Gaza floating, storage, offloading (FSO) unit in Bouri Offshore ...

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Liner Shipping among More Consolidated Sectors

Although the container shipping sector saw a huge amount of consolidation in 2016 driven by the persistent pressure ...

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CMA CGM Boosts India Middle East - East Africa Links

French container shipping major CMA CGM has decided to upgrade two weekly services connecting India Middle East ...

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Dryad: Kidnap for Ransom at 10-Year High

The Gulf of Guinea and Southeast Asia have seen a significant increase in kidnapping incidents in 2016, according ...

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Dry Bulk Market to Recover from 2017 Onwards

The dry bulk shipping market is expected to recover from 2017 onwards driven by a narrowing supply-demand ...

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SSA, Ben Line Agencies Form New Ship Agency

Two port agencies, the UAE-based Sharaf Shipping Agency (SSA) and Singapore’s Ben Line Agencies, have joined ...

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Top Five Panamax Bulker Trade Routes

Due to the tendency of trade routes to change pushing demand somewhere else, VesselsValue has put together a report ...

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No Limitations for Liners Returning to Iran

In an effort to attract major shipping companies, Iran said that it would impose no limitations for liners to ...

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DP World Handles More Containers in 2016

Dubai-based port and terminal operator DP World Limited saw a 3.2% year-on-year growth on a reported basis in its ...

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Nakilat Assumes Management of Al Dafna LNG Carrier

Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has assumed full ship management and ...

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Spotted: Haifa Port Welcomes Its Largest Boxship to Date

In today’s spotted, we bring you an image of Maersk Elba, the largest containership to visit ...

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BIMCO: January Tanker Deliveries at a Record High

Crude oil tanker deliveries reached a record high in January as 5.5 million dwt of the capacity entered the fleet ...

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Chemical Vessel Oversupply to Continue Squeezing Rates

The expected expansion of the chemical shipping fleet in 2017, driven by the large number of orders placed in ...

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A Hundred More Panamaxes Need to Be Scrapped

Despite a massive scrapping spree of classic Panamax containerships, the sector remains under pressure as up to one ...

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Supply-Side Crucial for Boxship Market Recovery

The demand for container shipping grew steadily in 2016 improving the fundamental balance in the market in the ...

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