Designing in Virtual Reality

"The challenge is to break the stereotype of the shipbuilding industry being a traditional craft”

Bahri Adds New VLCC to Its Fleet

National Shipping Company of Saudi Arabia (Bahri) has further expanded its fleet with the addition of a 300,000-dwt ...

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Höegh LNG, Nakilat Join Forces on FSRU Projects

Floating energy solutions provider Höegh LNG and shipping company Nakilat have agreed to explore collaboration for ...

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Clarksons: VLGC Earnings 42 Pct below Trend

Very large gas carriers (VLGC) have seen their earnings dwindle 42 percent below trend, as the tanker market moved ...

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HRAS: Tanker Crew's Basic Human Rights Breached

The crew members aboard the UAE-flagged products tanker MT IBA, owned by Alco Shipping Services, have had their ...

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20-Year-Old Crude Carriers Are Here to Stay?

By 2020, some 100 very large crude carriers (VLCCs) will be over 20 years old, hinting that the time may be ripe ...

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DUSUP Shortens Golar Partners' FSRU Charter

Nasdaq-listed Golar LNG Partners has reached an agreement to shorten the existing time charter of the Golar Freeze ...

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Marsol Inks Two-Year OOCEP Deal

Marsol International has signed a two-year contract with Oman Oil Company Exploration & Production (OOCEP) for ...

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NITC Mulls Investment in LNG Tanker Fleet

National Iranian Tanker Company (NITC) is considering venturing into the liquefied natural gas (LNG) market as Iran ...

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Gulf Navigation Set Sights on 300 Pct Revenue Growth

Dubai-based shipping company Gulf Navigation Holding is targeting revenue growth of 300 percent by 2021 as it eyes ...

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Qatari Vessels Barred from Suez Canal Ports

Egypt has banned all Qatari vessels from entering the Suez Canal Economic Zone in line with the country’s ...

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Petrofin Research: Bank Ship Lending Dwindles

The shipping industry saw USD 42.5 billion removed from the ship lending jar in 2016, according to Petrofin ...

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Nakilat Takes Ninth LNG Carrier In-House

Qatar Gas Transport Company (Nakilat) has assumed full ship management and operations of Q-Flex LNG carrier Al ...

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Abu Dhabi Ports Opens New Delma Port

Port developer and operator Abu Dhabi Ports officially inaugurated the new Delma Port, set to play an active role ...

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Qatar to Boost LNG Exports

Qatar is eager to retain its position as the world’s key exporter of liquefied natural gas (LNG), especially ...

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HRAS: Ocean Pride Crew Stranded on Dangerous Ship

“We are totally unsafe here… this is a dead ship. Sea water is leaking in the engine room… no facilities… rusty ...

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ITF: Twelve Stranded Crew Return Home from Aden

Twelve crew members of the Panama-flagged cargo ship Yas have been repatriated after their vessel was arrested in ...

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Demolition: Time to Take The Bitter Pill

Low freight rates should be the best incentive for owners to take the bitter pill and scrap some of the outdated ...

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Drewry: Freight Rates Bounce Back from 2016 Levels

This year is one of huge correction after a disastrous 2016 for rates, buoyed at the same time by better supply and ...

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Digitalization: Future's Cornerstone - But at What Cost?

In the aftermath of the Petya cyber attack that hit one of the major industry players A.P. Moller-Maersk, shutting ...

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One Dies after Tanker Sinks in Arabian Sea

One crew member died following the sinking of a tanker in the Arabian Sea south of Oman, Combined Maritime Forces ...

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Qatar Crisis Hits Stalemate

The economic and political sanctions imposed on Qatar earlier this month could protract indefinitely, BBC News ...

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Number of Ships Berthing in Oman Soars after Qatar Crisis

Oman seems to have benefited considerably on the back of the Qatar-Gulf Crisis as it has seen the number of vessels ...

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Gibson: MR Segment Sees Positive Developments

Although the overall performance in the product tanker market remains disappointing, some positive dynamics have ...

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Multipurpose Prospects Continue to Strengthen

Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions ...

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UK Helps Rescue Crew of Sunken Tanker off Yemen

The UK Coastguard have coordinated a long range rescue after an oil tanker sank 240 miles off the coast of Yemen in ...

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BIMCO: Ordering Activity Ramps Up in H1

The newbuild activity for the first half of 2017 has surpassed the same period last year by 20%. A total of 5.9 ...

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ABTO: Liquefaction Testing Is Inadequate

The Association of Bulk Terminal Operators (ABTO) has called for a complete overhaul of the cargo sampling and ...

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