MSI: Dry Bulk Market Could Recover in 4th Quarter

Image Courtesy: Diana Shipping

The dry bulk markets are expected to see a fourth quarter bounce in chartering activity for both the Capesize and ...

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DP World Sees Surge in 1H Earnings

Image Courtesy: DP World

Dubai’s port and terminal operator DP World has seen a 50.2 percent surge in its year-on-year earnings from USD 405 ...

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Bahri Secures Loan for Five Chemical Tankers

Image Courtesy: Bahri

The National Shipping Company of Saudi Arabia (Bahri) has signed an agreement for a USD 133.2 million loan facility ...

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Drewry: Pressure Mounts on Carriers to Cut Costs

Image Courtesy: Maersk Line

As the container industry revenues are contracting faster than carriers can cut costs, the shipping consultancy ...

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Readers' Picks of the Week

Readers’ Picks of the Week (Nov 16th – Nov 20th)

Hapag-Lloyd Sees Disappointing First-Half Year Result German shipping major Hapag-Lloyd said its first-half year ...

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MSI: Future Shipping Cycles to See Structural Change

Image Courtesy: Sea Cargo US

Excess shipyard capacity and a slowing but still considerable orderbook are the negative factors overhanging ...

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CMA CGM Cuts Zeebrugge, Dalian from FAL 1 Rotation

Image Courtesy: CMA CGM

French container shipping company CMA CGM plans to change the port coverage of its French Asia Line 1 (FAL 1) ...

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Alphaliner: Global Container Volumes Rise at Sluggish Pace

Image Courtesy: Port of Rotterdam

As the weak volume growth recorded in the first half of 2016 dragged full year volume projections down, Alphaliner ...

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Infographic: How Shipowners Changed Behavior in 1H 2016

Image Courtesy: STX

The infographic below, released by VesselsValue, shows the change in ship ordering, selling and scrapping ...

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Drewry: Mega-Alliances Could Help Transhipment Hubs

Image Courtesy: MPA Singapore

The world’s largest transhipment hubs are exposed to numerous risks, from poor underlying demand to increasing use ...

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Tanker Market Could See More Upside Potential in 2H

Image Courtesy: Frontline

Due to rather severe summer doldrums, earnings across all tanker sectors dropped to levels not seen since ...

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Readers' Picks of the Week

Readers’ Picks of the Week (Nov 16th – Nov 20th)

Euronav Purchases VLCC Newbuilding Duo Antwerp-based tanker owner and operator Euronav NV has decided to further ...

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Value of Second-Hand Vessel Sales Halved in July

Image Courtesy: MOL

A total of USD 1.6 billion was spend on second-hand vessels in July 2016, compared to USD 3.1 billion spent in the ...

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Alphaliner: Boxship Orderbook Ratio Drops Like It's 1999

Image Courtesy: MSC

The containership orderbook, measured as a percentage of the existing fleet, has fallen to its lowest level since ...

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Drewry: Dry Bulk Charter Rates on Road to Recovery

Image Courtesy: Diana Shipping

Charter rates on major dry bulk shipping routes are expected to recover due to increasing trade and contracting ...

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ZIM Most Reliable Carrier in 2nd Quarter

Image Courtesy: ZIM

Israel’s cargo shipping company ZIM Integrated Shipping Services Ltd. was the most reliable carrier during ...

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Yemeni Ash Shihr Oil Terminal Reopens

Image Courtesy: Petromasila

Yemeni Ash Shihr oil terminal resumed operations on August 2 with the arrival of an oil tanker, after it was ...

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Excelerate to Conduct 1000th Ship-to-Ship Transfer of LNG

Image Courtesy: Excelerate

US-based Excelerate Energy L.P. is fast approaching its 1000th commercial Ship-to-Ship (STS) transfer of liquefied ...

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Samos Steamship, N-KOM Extend Cooperation

Image Courtesy: Samos Steamship

Greek shipping company Samos Steamship Co. has extended its cooperation with Qatar’s shipyard Nakilat-Keppel ...

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Drewry: MR Charter Rates to Drop amid Falling Freight Rates

Illustration; Image Courtesy: Ardmore

Time charter rates in the smaller chemical tanker vessel sizes are expected to remain stable over the next two ...

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GSF Develops Plan to End Container Shipping Surcharges

Image Courtesy: BSM

Global Shippers’ Forum (GSF) has developed a plan to end container shipping surcharges within five years, GSF ...

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Container Port Operators Eye Mergers and Acquisitions

Image Courtesy: FEPORT

Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports ...

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Drewry: Idle Boxship Fleet Increases across All Ship Sizes

Image Courtesy: UASC

Growing overcapacity is causing an increase in the idle containership fleet across all ship sizes and apparently in ...

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Readers' Picks of the Week

Readers’-Picks

USD 43.8 Bn Fleet Awaiting Delivery in 2016 During the first half of 2016, some USD 28.4 billion worth of vessels ...

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Paris MOU to Inspect Working and Living Conditions on Ships

Image Courtesy: Danny Cornelissen/Nautilus International

The Paris Memorandum of Understanding (MoU) on Port State Control will launch a Concentrated Inspection Campaign ...

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Dryad: Kidnappings Continue in Gulf of Guinea

Image Courtesy: Dryad Maritime

The Gulf of Guinea witnessed a continuation of the high levels of piracy seen in the first quarter of the year as ...

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Drewry: LNG Market Will Need More Vessels

Image Courtesy: MOL

Despite the current weakness in liquefied natural gas (LNG) shipping rates, the market will require more LNG ...

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