Moore Stephens: Shipping Confidence Sees Further Rise

Image Courtesy: MSC

Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in ...

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Clarksons: Cruise Industry Continues Expanding Its Horizons

Image Courtesy: Hapag-Lloyd Cruises

During the summer, the cruise ship fleet surged past half a million berths of total capacity as the cruise industry ...

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Hanjin Has Enough Cash to Cover Offloading Costs

Image Courtesy: Hanjin Shipping

Cash held by Hanjin Shipping, coupled with commitments from the company’s leading shareholder, the leading ...

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Rising Large Marine Losses Could Prove Too Much for Insurers

rising-marine-losses-could-prove-too-much-for-insurers

The increasing number of large marine losses can potentially put severe financial strain and overwhelm insurance ...

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Bahri Earns USCG QUALSHIP 21 Label

Image Courtesy: Bahri

The National Shipping Company of Saudi Arabia (Bahri) has announced the enrollment of its vessels in the United ...

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IUMI Calls for More Action to Tackle Containership Fires

Image Courtesy: Polizei Hamburg

Two recent onboard containership fires have fueled concerns from International Union of Marine Insurance (IUMI) ...

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Alphaliner: RMT Reaches List of Owners with Toxic Ships

Image Courtesy: Rickmers Maritime

Singapore-listed containership owner and operator Rickmers Maritime Trust (RMT) has become the latest casualty in a ...

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Abu Dhabi Ports In Clover

Image Courtesy: Abu Dhabi Ports

Port developer and operator Abu Dhabi Ports recorded a 77% increase in net profit in the first half of 2016 ...

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ABTO Sheds Light on Cargo Liquefaction Dangers at Terminals

ABTO Chief Executive Ian Adams speaking to ICHCA members last week in London

The Association of Bulk Terminal Operators has warned that cargo liquefaction, an issue commonly associated with ...

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8 Injured in Fire at Saudi Aramco's Ras Tanura Oil Terminal

Image Courtesy: Saudi Aramco

Eight people were injured after a fire erupted at Saudi Arabian Oil Company’s (Saudi Aramco) oil terminal ...

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IUMI: Marine Insurance Market Faces Uncertain Future

tianjin

Global marine underwriting premiums in 2015 amounted to USD 29.9 billion, down by 10.5% compared to the 2014 ...

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Drewry: Specialised Reefers Punching above Their Weight

Image Courtesy: Siem Shipping

Tonnage provision and forecast cargo share for the specialised reefer ships will continue to reduce in coming ...

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Readers' Picks of the Week

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BIMCO: Lowest Level of Newbuilding Contracts in 20 Years Shipyards become the next victim of the deteriorating ...

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Clarksons: Shipyards Struggling to Remain Active

Image Courtesy: HHI

The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 ...

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FSRU Explorer Carries Out 1st Commercial Gas-Up in Jebel Ali

Image Courtesy: Excelerate Energy

US-based Excelerate Energy’s floating storage and regasification unit (FSRU) Explorer conducted the first ...

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Moore Stephens: Shipping Needs to Improve Risk Management

Image Courtesy: BSM

Not enough companies in the shipping industry are following joined-up risk management procedures, according to ...

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Drewry: Perishable Reefer Trade to Continue Growing

Image Courtesy: Siem Shipping

Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in ...

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Port of Salalah Sees Surge in Container Volume

Image Courtesy: APM Terminals

Container throughput at the Omani Port of Salalah, part of the APM Terminals Global Terminal Network, reached 1.584 ...

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Drewry: Terminal Operators Opt for M&A Activity

Image Courtesy: APM Terminals

Global container terminal operators have taken their foot off the pedal when it comes to greenfield projects, ...

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ICS Urges Govts to Finalize Treatment Systems Guidelines

Image Courtesy: IMO

As the International Maritime Organization’s Ballast Water Management Convention is set to enter into force ...

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IMO’s BWM Convention to Enter Into Force in September 2017

Image Courtesy: IMO

With Finland’s accession of the International Ballast Water Management Convention, the International Maritime ...

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Gulf Navigation Settles Debt with Nordic American Tankers

Image Courtesy: Gulf Navigation

Dubai-based owner and operator Gulf Navigation Holding PJSC (Gulfnav) has signed a new settlement agreement ...

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Container Lines Shift Focus from Technology to Flexibility

Image Courtesy: European Biofuels

Container lines have shifted their focus towards alliance structures for operational efficiency, rather than ...

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ESC Urges Terminals to Release Hanjin Shipping's Containers

Image Courtesy: ESC

The European Shippers’ Council (ESC) has called on terminals that currently hold containers because of the ...

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Carriers Still Under Pressure Due to Boxshsip Overcapacity

Image Courtesy: BSM

Severe overcapacity in the container shipping market and recently agreed contract rates on the transpacific trade ...

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BIMCO: Strong Tanker Freight Market Comes to an End

Image Courtesy: Teekay

Lower growth rates for refinery throughput and drawdowns on swollen oil stocks has impacted the seaborne tanker ...

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Qatargas Extends LNG Supply Deal with Centrica

Image Courtesy: Qatargas

Qatar-based liquefied natural gas (LNG) company Qatargas signed a new sale and purchase agreement (SPA) with ...

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