POSH Finds Work for Eight OSVs in Middle East

Image Courtesy: POSH

Offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has signed long term charter ...

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NOC Blocks Vessel from ‘Illicit’ Loading

Image Courtesy: Shipspotting

Libya’s National Oil Corporation (NOC) has prevented an attempt from the parallel Beida government aimed at loading ...

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Orphaned Carriers Will Have to Find New Partners

Image Courtesy: UASC

The formation of the Ocean Alliance by CMA CGM, COSCO Container Lines, Evergreen Line and OOCL means that carriers ...

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Milaha’s Profit Edges Down in Q1

Image Courtesy: Milaha

The start of 2016 proved to be somewhat more challenging than expected for Qatar Navigation (Milaha) which booked a ...

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KPCL Adds New Maersk Salalah Service

Image Courtesy: Krishnapatnam Port

Danish container shipping major Maersk Line has launched a direct, weekly service from India’s deep ...

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Readers' Picks of the Week

Readers’-Picks

China’s Biggest LNG Carrier Hits the Water China’s biggest liquefied natural gas (LNG) carrier, which features a ...

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IMO Meeting Ends without Deal on Fair Share Contribution

Image Courtesy: IMO

Members of the International Maritime Organization (IMO) failed yesterday to reach a deal on fair share ...

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Bahri, Rickmers-Linie Ink Space Charter Deal

Image Courtesy: Rickmers-Linie

The National Shipping Company of Saudi Arabia (Bahri Liner) has entered into a space charter agreement ...

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Hapag-Lloyd Confirms Merger Talks with UASC

Hapag-Lloyd Confirms Merger Talks with UASC

Hapag-Lloyd AG (HL) and United Arab Shipping Company SAG (UASC) are currently discussing forms of cooperation ...

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Hapag-Lloyd in Merger Talks with UASC

Image Courtesy: Hapag-Lloyd

German shipping major Hapag-Lloyd is said to be in talks with United Arab Shipping Company (UASC) on a potential ...

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Drewry: Liner Reliability Improves in March

Image Courtesy: Maersk Line

Ocean carriers bucked a five-month downwards trend by improving container service reliability in March, according ...

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Nakilat’s Q1 Profit Up 8 Pct

Image Courtesy: Nakilat

Qatar Gas Transport Company Limited (Nakilat), the shipping arm of Qatar’s liquefied natural gas (LNG) sector, ...

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Milaha Extends Feeder Deal with Muntajat

Image Courtesy: Milaha

Qatar-based marine transport and logistics conglomerate Qatar Navigation (Milaha) has inked a one-year feeder ...

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GulfNav Poised for Growth, Fleet Expansion

Image Courtesy: GulfNav

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) is planning to add new tonnage to its fleet of ...

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MSI: Capesize Upturn Remains Fragile

Image Courtesy: Diana Shipping

A rise in iron ore trade, higher steel prices and increased scrapping have been the main factors in the recent ...

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New VLCCs Drive Bahri’s Profit Surge

Image Courtesy: Bahri

National Shipping Company of Saudi Arabia (Bahri) has seen an rise in its profits in the first quarter of 2016, as ...

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Containership Scrapping to Pick Up in 2016

Image Courtesy: NGO Shipbreaking Platform

Containership scrapping is expected to intensify in 2016 as charter market demand for Panamax ships is bound ...

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BDI Reaches New High with 635 Points

Image Courtesy: Diana

The Baltic Dry Index (BDI) has experienced a further increase with the continued recovery of the dry bulk shipping ...

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Terms of Chabahar Port Agreement Hammered Out

Terms of Chabahar Port Agreement Hammered Out

India, Afghanistan and Iran have finalized the text of the Trilateral Agreement on Transport and Transit Corridors, ...

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UASC, Qatargas and Shell Join Forces on LNG as Marine Fuel

Image Courtesy: UASC

Qatargas, United Arab Shipping Company (UASC) and Shell signed a Memorandum of Understanding (MOU) to explore the ...

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Iran: No More Free Oil Shipping for India

Image Courtesy: NITC

Iran and India have reached an agreement on terminating free shipping of Iranian crude oil to India which was in ...

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Multipurpose Shipping to Pull Through by End of 2017

Image Courtesy: Horizon Ship Brokers

The multipurpose shipping market is not expected to recover until the end of 2017, when more bulk demand is ...

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Carriers under Spotlight amid Worsening Balance Sheets

Image Courtesy: Diffen

The rapid deterioration of Hyundai Merchant Marine’s (HMM) financial situation has also put the spotlight on ...

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Dry Bulk Rate Recovery Short-Lived?

Image Courtesy: Port of Atnwerp

Shipping rates for vessels transporting commodities such as coal, iron ore and grains racked up impressive gains in ...

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Iran to Get Floating LNG Facility in 2017

Illustration-Image Courtesy: Shell

Iran is set to get its first Floating Liquefied Natural Gas (FLNG) terminal by March 2017, according to Ali Kardor, ...

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Iran’s Tankers to Sail under Panama’s Flag

Image Courtesy: NITC

Iranian tankers are to be registered under Panama’s flag which will enable them to pass through one of the ...

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DP World Explores Investment Possibilities in Georgia

Image Courtesy: DP World

A research team of Dubai’s port operator DP World is to visit Georgia to look into the construction of a ...

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