Shell Hands Over Fourth LNG Carrier to Nakilat

Image Courtesy: Nakilat

Qatari liquefied natural gas (LNG) transport company Nakilat has assumed full ship management and operations of ...

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Rolls-Royce Axes 800 More Jobs at Marine Business Unit

Image Courtesy: Rolls-Royce

Rolls-Royce plans to lay off 800 more workers from it Marine business throughout 2016 and 2017 citing ...

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Saudi Arabia Inaugurates USD 4.3 Billion Maritime Complex

Image Courtesy: Saudi Aramco

The inauguration ceremony of the King Salman Global Maritime Industries Complex was held at Ras Al-Khair, near ...

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Fitch Predicts More M&A Activity, Defaults in 2017

Image Courtesy: Hanjin Shipping

Muted demand growth will exacerbate overcapacity for the shipping sector in 2017, putting pressure on freight rates ...

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Putting the Squeeze on Terminal Operators Could Backfire

Image Courtesy: Kalmar

Container shipping lines are in danger of putting future port investment at risk in their demands for terminal ...

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Carbon Warriors Launch Free Ship Operational Efficiency Tool

carbon-warriors-launch-free-ship-operational-efficiency-tool

Carbon War Room, exactEarth, and University Maritime Advisory Service (UMAS) have launched BetterFleet, a ...

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ABS Joins LNG Coalition

Image Courtesy: ABS

Houston-headquartered classification society ABS has joined the SEA\LNG coalition whose objective is to accelerate ...

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Milaha, Mwani Qatar to Jointly Operate Hamad Port

Image Courtesy: Milaha

Marine transport and logistics conglomerate Qatar Navigation (Milaha) and Qatar Ports Management Company (Mwani ...

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Gulf Navigation Looking to Acquire Large Shipping Fleet

gulfnav

Dubai-based owner and operator of chemical tankers Gulf Navigation Holding PJSC (GulfNav) signed a strategic ...

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WISTA UK: Smart Ships to Carry Cargoes within a Decade

Illustration; Image Courtesy: Wärtsilä

Smart ships are likely to be carrying cargoes within 10 years but all in the logistics chain need to adapt in order ...

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QPMC Moving Container Ops to Hamad Port

Image Courtesy: Milaha

Qatar Port Management Company is getting ready to transfer all container terminal operations from the Port of Doha ...

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Hapag-Lloyd, UASC Merger Gets Nod from European Commission

Image Courtesy: Hapag Lloyd

The European Commission has given its approval to German shipping major Hapag-Lloyd’s proposed acquisition of ...

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VLGC Oversupply to Put More Pressure on Freight Rates

Image Courtesy: Dorian LPG

High scheduled deliveries and low demolition prospects will drive unwanted fleet growth of very large gas carriers ...

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Nakilat Takes Over 3rd LNG Carrier Management from Shell

Image Courtesy: Nakilat

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

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MSI: Major Gains in Crude Tanker Market to Be Limited

Image Courtesy: Teekay

The crude tanker market is forecast to experience a limited winter upturn, as only the Very Large Crude Carrier ...

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Dry Bulk Market Heading Into a Firm Festive Season

Image Courtesy: Diana Shipping

After a steady fall in average daily TCE spot earnings in October, November saw an inflection point for Capesizes ...

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BDI Reaches New High in 2016

Image Courtesy: Pilbara Ports Authority

The Baltic Dry Index (BDI) jumped by 26 points and reached 1,257 points on November 18, marking its highest level ...

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ESC, GSF to Tackle Consolidation in Container Shipping

Image Courtesy: European Shippers' Council

Representatives of exporters and importers from around the world, the European Shippers’ Council and the ...

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DMCA, DNV GL Partner Up on Maritime Innovations

Image Courtesy: Dubai Maritime City Authority

The regulating, coordinating and supervising body for Dubai’s maritime sector, Dubai Maritime City Authority ...

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CMA CGM Strengthens Asia-Red Sea Service

French container shipping major CMA CGM has launched REX3, a new service connecting Asia and the Red Sea.  The new ...

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Alphaliner: Panamax Exodus Set to Continue

Illustration; Image Courtesy: Diana Containerships

Over 100 more classic Panamaxes would need to be scrapped in the coming months to re-balance supply and demand, and ...

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IMO's BWM Regulation to Boost Tanker Scrapping Activity

Image Courtesy: WSC

Weakness in freight rates will increase tanker shipping demolitions over the next two years, with the trend ...

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Tanker Deliveries vs. Scrapping Potential

Image Courtesy: Tanker Investments

Given the orderbook, the tanker market is expected to experience ample supply growth in the coming years while the ...

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Scrapping Boxship Candidates to Get Younger and Bigger

Image Courtesy: NGO Shipbreaking Platform

Amid a record year for containership demolitions in 2016, which helped suppress total fleet growth close to the ...

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APL Enhances Asia-Middle East, Latin America Links

Image Courtesy: APL

Singapore-based container shipping company APL has decided to expand its Asia-Middle East and Latin America ...

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