SGMF Issues First LNG Bunkering Safety Guidelines

SGMF Issues First LNG Bunkering Safety Guidelines

The Society for Gas as a Marine Fuel (SGMF) has released its first edition of the LNG Bunkering – Safety ...

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Global Container Volumes Rise

Global Container Volumes Rise

Global TEU volumes increased by 4% in 2014 to 135.4 million TEUs, the Port of Rotterdam Authority reports. ...

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The Shipowners’ Club: Be Wary of New Charterers

The Shipowners's Club Be Wary of New Charterers

A mutual shipping insurance association The Shipowners’ Club has warned its members to exercise caution and ...

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Dry Bulk Rates to Bounce Back in Late 2015

Dry Bulk Rates to Rebound in Late 2015

Recovery in dry bulk shipping rates not expected until at least the second quarter of 2015.

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Iran Launches FSU in Persian Gulf

Iran Launches FSU in Perisan Gulf

Iran has inaugurated a 2.2-million-barrel floating oil storage unit (FSU) Khalij-e-Fars, in Soroush oil region on ...

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Israel to Start Port Privatization in 2015

Israel to Start Port Privatization in 2015

Israel will sell stakes in eight of the most profitable state-owned companies and the Mediterranean seaports of ...

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Liner Reliability Plunges

Container Ship

Liner service reliability fell to a record low in January as the effects of US West Coast congestion and the ...

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Baltic Dry Index Hits New Record Low

BDI Hits new record low

The Baltic Dry Index (BDI) dropped by another eight points reaching its new record low at 522 points on Monday. The ...

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ESC: Shipping Alliances Lead to Market Convergence

Hamburg Süd

The increased collaboration between the French container ship operator CMA CGM and Germany’s Hamburg Süd will ...

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UASC Ventures into North Atlantic Trade

UASC Ventures into North Atlantic Trade

United Arab Shipping Company (UASC), the French liner CMA CGM and Germany’s Hamburg Süd have agreed to form a ...

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Shipping and Private Equity Could Be a Perfect Match

Shipping and Private Equity Could Be a Perfect Match

The time is right for the private equity sector to finance products and services designed to keep the shipping ...

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Drewry: ECA Compliance Costs Shippers Nothing

Drewry ECA Compliance Costs Shippers Nothing

The implementation of the new marine pollution regulation in North Europe and the US since January has so far ...

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Shipping Industry Faces Erroneous Payment Risks

Shipping Industry Faces Erroneous Payment Risks

The shipping industry is at a high risk of unauthorised and/or erroneous payments due to the nature of the movement ...

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CKYHE Adjusts Asia-Europe Services

CKYHE Adjusts Asia-Europe Services

The CKYHE alliance between the Asian liners COSCON, ”K”Line, Yang Ming, Hanjin and Evergreen Line is ...

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Readers’ Picks of the Week (9-13 of Feb)

Readers’ Picks

Kuwaiti Oil Tanker Fights Off Pirate Attack A Kuwaiti oil tanker sailing through the Gulf of Aden managed to fend ...

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Iranian Tanker Operator Back on EU Black List

Iranian Tanker Operator Back on EU Black List

During a yesterday’s meeting in Brussels, European Union members reportedly decided to again blacklist ...

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Update 2: Baltic Dry Index Plummets Further

Baltic Dry Index

The Baltic Dry Index has fallen to 540 points February 12, marking a further 13 point (-2.35%) slide compared to ...

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Zacks: Shippers Have Good Year Ahead

Zacks Shippers Have Good Year Ahead

2015 will be good for the shipping industry with sector specific risks projected to decline and new investment ...

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ICS Points to Flag State Underperformers

ICS Points to Flag State Underperformers

The International Chamber of Shipping (ICS) has published its annual Shipping Industry Flag State Performance ...

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Maersk Line Improves India-West Med Links

Maersk Line Improves India-West Med Links

Maersk Line has launched a new Middle East 5 (ME5) service to enhance direct connections between South India, ...

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Term of the Day: Container Manifest

Shipping Containers at Port

Today’s term of the day is a container manifest, which is a document showing contents and loading sequence, ...

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Update: Baltic Dry Index Drops to Lowest Ever

Baltic Dry Index

The Baltic Dry Index has fallen to 553 points today, down 1 point from the record low set in 1986.

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Marine Fuel Improves in Quality

Marine Fuel Improves in Quality

The early results for 2015 show that there has been a marked improvement in bunker fuel quality, the International ...

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Drybulk Shipowners Pool Capesizes

Drybulk Shipowners Pool Capesizes

Bocimar International NV, CTM (C Transport Holding Ltd), Golden Union Shipping, Golden Ocean Group and STAR BULK ...

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Ordering Spree Could Lead to Tanker Market's Ruin

Ordering Spree Could Lead to Tanker Market's Ruin

A steep rise in vessel orders risks bringing the recent bonanza in oil tanker shipping to an abrupt end, according ...

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NITC Facing Blacklisting in EU Again

NITC Facing Blacklisting in EU Again

The National Iranian Tanker Company (NITC) is facing blacklisting again by the European Union as it has failed in ...

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ILO Revises Seafarers’ Identity Documents Convention

ILO Revises Seafarers’ Identity Documents Convention

International Labour Organization (ILO) held a tripartite meeting of employers, seafarers’ unions and governments ...

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