NITC Back at INTERTANKO

Image Courtesy: NITC

The National Iranian Tanker Company (NITC) has been readmitted to the International Association of Independent ...

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Iran Launches New Direct Shipping Line to Oman

Image Courtesy: IRISL

Iran has launched yet another shipping line, this time with its neighboring Oman. The country has been very busy ...

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European and UAE Terminals Boost DP World’s Volumes

Image Courtesy: DP World

Dubai-based port operator DP World Limited handled 61.7 million TEU across its global portfolio of container ...

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Readers’ Picks of the Week (1st – 5th Feb, 2016)

Readers’-Picks

Gallery: SMIT Salvage Team Boards Modern Express, Attaches Tow Line The four-member salvage team of SMIT Salvage ...

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Baltic Dry Index Down in the Dumps

Image Courtesy: Pilbara Ports Authority

The Baltic Dry Index has fell below 300 points, plunging to a new low of 298 points on Thursday, February 4. The ...

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IRISL Coming Back to Europe by End of the Month

Image Courtesy: IRISL

Islamic Republic of Iran Shipping Lines (IRISL) plans to return to Europe before the end of this month, with HDS ...

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Iran Connects to China with New Shipping Route

Image Courtesy: IRISL

A new shipping route has been launched between China and Iran following the sanctions lifting against Tehran. ...

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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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