ZIM Restructures Business Organization

Image Courtesy: ZIM

Israel’s shipping firm ZIM Integrated Shipping Services has launched an extensive program aimed at changing ...

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Bahrain, Saudi Arabia Ban Iranian Ships from Their Ports

Image Courtesy: IRISL

Bahrain and Saudi Arabia have banned Iranian-flagged vessels from their ports, Gard said citing a GAC ...

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VIDEO: Final Cranes Arrive at APM Terminals Izmir

VIDEO Final Cranes Arrive at APM Terminals Izmir

Final deliveries of rubber-tire gantry cranes (RTGs) and ship-to-shore (STS) gantry cranes, capable of handling ...

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Drewry: Half of Over 12-Year-Old Capesizes Need to Go

Image Courtesy: Diana

If dry bulk ship-owners collectively removed half of all capesize ships over 12 years old, equating to around 20 ...

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CMA CGM Inks Deal with IRISL to Increase Presence in Iran

Image Courtesy: Elysee

French container shipping company CMA CGM has signed a preliminary agreement with the Islamic Republic of Iran ...

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IRISL All Set to Sail to Europe

Image Courtesy: IRISL

The Islamic Republic of Iran Shipping Lines’ (IRISL) vessels will soon sail for Europe as they have been ...

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Aframaxes to Outperform Larger Crude Tankers

Image Courtesy: Brodosplit

Limited supply growth in the Aframax sector of only 3.5% through the end of 2020 in addition to paradigm shifts in ...

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Fincantieri Forges Shipbuilding Ties with Iran

Image Courtesy: Fincantieri

Italian shipbuilding conglomerate Fincantieri has signed a number of framework agreements with Iranian counterparts ...

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Crude Oil Tanker Market to Surge in 2016

Image Courtesy: Euronav

The crude oil tanker market is expected to grow strongly in 2016, with projected fleet increase of 4.3%, BIMCO ...

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Lamprell Eyes Stake in Saudi Arabia's New Maritime Complex

Image Courtesy: Lamprell

Lamprell Energy Limited has signed an MOU with the national oil company of the Kingdom of Saudi Arabia Saudi ...

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Spotted: BW Singapore Gets Down to Work in Ain Sokhna, Egypt

Image Courtesy: BW Group

LNG Floating Storage and Regasification unit (FSRU) BW Singapore has carried out more than ten ship-to-ship (STS) ...

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Vessel Ordering Down 40% in 2015

Image Courtesy: HHI

Overall contracting of new vessels in 2015 dropped by 40% to 1,306 units from 2,162 in 2014, with estimated ...

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Japan Wants More Oil from Iran

Image Courtesy: NITC

Following the sanctions lifting against Iran on Friday, Japan plans to extend its deal on crude oil purchase from ...

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BIMCO: Containerships Speeding Up

Image Courtesy: WSC

The lower fuel price may not be such a blessing for containership owners after all, especially with relation to ...

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ITF to Check Seaferers’ Working Conditions in East Asia

Image Courtesy: Mission to Seafarers

Inspectors of the International Transport Workers’ Federation (ITF) have joined forces with dockers’ and ...

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Iran’s NITC Eyes Public Listing to Raise Cash

Image Courtesy: NITC

Iranian crude oil transporter the National Iranian Tanker Co (NITC) is planning to publicly list the ...

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BIMCO: 40m of Dry Bulk Tonnage to Be Scrapped in 2016

Image Courtesy: NGO Shipbreaking Platform

Dry bulk shipping capacity of 40 million DWT will be sold for demolition during 2016, making this year the busiest ...

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Alphaliner: Containership Growth to Hit Record Low

Image Courtesy: World Shipping Council

This year’s global containership capacity is expected to grow at a pace of only 4.6%, the lowest ever ...

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Maersk Line, Borouge to Cut CO2 Footprint

Image Courtesy: Maersk Line

Global shipping giant Maersk Line and Middle Eastern petrochemical company Borouge have signed a Carbon Pact in an ...

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New DP World JV to Inject USD 2 Bln in Russian Ports

Image Courtesy: DP World

Global port operator DP World and the Russian Direct Investment Fund (RDIF) have launched a new joint venture ...

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Bahri to Set Up JV Company with Suez Canal Authority

Image Courtesy: Dredging Suez Cnal

National Shipping Company of Saudi Arabia (Bahri) is exploring possibilities with the Suez Canal Authority (SCA) on ...

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UASC, RINA Looking to Return to Iran

Image Courtesy: UASC

Container shipping company United Arab Shipping Company (UASC) seems to be following in the footsteps of its ...

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Sohar Port Handles 50 Million Tons of Cargo in 2015

Image Courtesy: Sohar Port

Oman’s Sohar port and freezone has handled over 50 million tons of cargo in 2015, an increase of 12% compared ...

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BG Group Braves Difficult Year

Image Courtesy: BG

Despite difficult market, 2015 seems to have been a very positive year for BG Group as the company may even exceed ...

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Time for Offshore Energy Companies to Diversify

Image Courtesy: Damen

Companies serving the offshore energy sector must accept that crude oil prices are not going to bounce back anytime ...

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Industry Launches Measures for Owners Scrapping Their Ships

Image Courtesy: NGO Shipbreaking Platform

Shipping companies are being strongly encouraged to use new ‘Transitional Measures for Shipowners Selling Ships for ...

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Lloyd’s Register Returning to Iran

Image Courtesy: NITC

As the sanctions against Iran are being lifted the British classification society Lloyd’s Register is ...

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