Another Service Cut from Far East - North America Trade

Image Courtesy: Hapag-Lloyd

This year’s weak market conditions in the Far East – North America transpacific trade have claimed another ...

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DP World, TIPC to Develop Terminal at Taiwan's Port

Image Courtesy: DP World

Dubai-based port and terminal operator DP World Limited and the state run Taiwan International Ports Corporation ...

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Bahri's Fleet Expansion Bears Fruit

Image Courtesy: Bahri

National Shipping Company of Saudi Arabia (Bahri) has seen a surge of 47.2 percent in its net profit for the second ...

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USD 43.8 Bn Fleet Awaiting Delivery in 2016

Image Courtesy: Navig8

During the first half of 2016, some USD 28.4 billion worth of vessels have been delivered to their respective ...

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Xeneta: Container Shipping’s Peak Season Weakens?

Image Courtesy: Hapag-Lloyd

Due to a glut of surplus capacity in the container shipping industry, the peak season seems to have lost its ...

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Suez Canal Cuts Tolls for VLCCs on US-Arabian Gulf Route

Image Courtesy: Tanker Investments

The Suez Canal Authority has reduced transit tolls for Very Large Crude Carriers (VLCCs) of more than 200,000 ...

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European, Indian Terminals Push DP World's 1H Volumes Up

Image Courtesy: DP World

Dubai-based port and terminal operator DP World Limited handled 31.4 million TEU across its global portfolio of ...

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IMB: Maritime Crimes Hit Lowest Levels in Decades

Image Courtesy: Thinkstock image

Piracy and armed robbery at sea have fallen to their lowest levels since 1995, despite a surge in kidnappings off ...

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Alphaliner: Weak Earnings Lead to Hapag-Lloyd, UASC Merger

Image Courtesy: Hapag-Lloyd

Last week’s merger agreement between German shipping major Hapag-Lloyd and United Arab Shipping Company ...

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Readers' Picks of the Week

Stolt-Nielsen Buys Jo Tankers’ Chemical Operations Stolt-Nielsen Limited has agreed to acquire the chemical ...

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Infographic: Global Maritime Security Incidents in 2016

Image Courtesy: TTS Club

Maritime security incidents on a global level declined by 24 percent in the first six months of 2016, compared with ...

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VesselsValue: Who Are the Best Negotiators in Shipping?

Image Courtesy: NordLB/Daniel Bames

The regions of Scandinavia, the Mediterranean and France-Belgium were the best negotiators in terms of vessel ...

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Maersk Line Plots New Asia-USEC Course via Panama Canal

Image Courtesy: Maersk Line

World’s biggest container carrier Maersk Line is rerouting its TP12 Asia – US East Coast service ...

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Port of Antwerp Bolsters Ties with Iran

Image Courtesy: Port of Antwerp

Belgium’s Antwerp Port Authority has signed a collaboration agreement with Shahid Rajaee Port Authority which ...

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CMA CGM Gets EPIC

Image Courtesy: CMA CGM

French container shipping company CMA CGM plans to launch two new weekly services, EPIC 1 and EPIC 2, between the ...

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Hapag-Lloyd and UASC Pen Business Combination Agreement

Image Courtesy: Hapag-Lloyd

Container carriers Hapag-Lloyd AG and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination ...

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Bahri, APICORP Set Up USD 1.5 Bn Fund to Buy 15 VLCCs

Image Courtesy: Bahri

The National Shipping Company of Saudi Arabia (Bahri) and the Arab Petroleum Investments Corporation (APICORP) have ...

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Drewry: Bad Time to Own Old Boxships

MOL Precision, one of the two 2002-built containerships scrapped this year.

More containership capacity is being demolished than ever before, including old-design ships made redundant by the ...

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Readers' Picks of the Week

Readers’-Picks

Boskalis Decides to Withdraw 24 Vessels Dutch dredging and maritime company Boskalis has decided to take 24 vessels ...

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Nakilat Sees Steady Increase in Net Profit

Image Courtesy: Nakilat

Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has reported a net profit of QAR 501 ...

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ESC: Price Fixing Issue Not Solved by Carriers' Commitments

Image Courtesy: BSM

The adoption of a decision that renders legally binding the commitments offered by fourteen container shipping ...

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Report: UASC Looking to Sell Chemical Tanker Arm

Image Courtesy: UACC

Dubai-based container shipping firm United Arab Shipping Company (UASC) is considering to sell its USD 600 ...

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Top Firms Join Forces to Boost LNG as Marine Fuel

Image Courtesy: FTA

A number of companies have decided to join forces in a new cross-industry initiative called SEA\LNG, to accelerate ...

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Clarksons: Shipping Sees Toughest 1H Since Financial Crisis

Image Courtesy: MOL

Shipping is experiencing some of its toughest conditions since the financial crisis and, despite its many efforts, ...

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Drewry: Capacity Cut Leads to Surge in Asia-ECSA Rates

Image Courtesy: BSM

Downsizing of capacity on the Asia-East Coast South America trade has paid dividends to carriers with much improved ...

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MSI: Brexit to Hit Container Shipping Recovery Prospects

Image Courtesy: Maersk Line

The UK Brexit vote will have far-reaching effects on the container shipping market, despite the country’s ...

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Readers' Picks of the Week

Readers’-Picks

Fincantieri, CSSC Tap Into China’s Growing Cruise Industry Italian shipbuilder Fincantieri and China’s shipbuilding ...

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