OOCL, Evergreen Suspend Services to/from Qatari Ports

Container carriers Orient Overseas Container Line (OOCL) and Evergreen Line, members of the newly formed OCEAN ...

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Union Alliance to Raise Standards at DP World

A new global union alliance formed of unions based in DP World terminals is looking to improve standards in health ...

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Oversupply of Ships: Industry Should Sort Out Itself

The oversupply of tonnage in the shipping industry should be left to sort out itself, it was concluded at a panel ...

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UN Asks Countries to Apply Tighter Marine Pollution Controls

The UN has urged governments to implement tighter marine pollution controls or risk further degradation of the ...

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Maersk Line Not Accepting Cargo to/from Qatari Ports

Danish shipping major Maersk Line has closed bookings for cargo that transship over Jebel Ali to or from Qatar for ...

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Crisis to Hurt Qatar's Crude, Refined Product Exports

Although the diplomatic crisis in Qatar would have little impact on the wider oil market, the situation ...

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Product Tanker Sector: The Safest Bet Are MRs

Medium ranged product tankers (MRs) are definitely the workhorses of the product tanker shipping industry, being ...

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More Arab Ports Deny Calls to Qatari Ships

After a number of Arab countries cut diplomatic and trading ties with Qatar, all vessel traffic from and to the ...

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Report: Port of Fujairah Bans Qatari-Flagged Ships

UAE’s port of Fujairah has barred the calls of Qatari-flagged ships in addition to any ships destined for or ...

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New OPEC Cuts to Extend VLCC Woes

The very large crude carrier (VLCC) market could experience a downturn, which is likely to accelerate in the short ...

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Pressure Mounts as Trump Pulls Out of Paris Accord

The decision of the President Donald Trump on US withdrawal from the Paris Agreement exerts further pressure on all ...

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Hapag-Lloyd to Axe Over 10 Pct of Workforce after Merger

The completion of the merger between Germany’s container carrier Hapag-Lloyd with UAE-based counterpart UASC ...

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Bahri, Partners Ink JV Deal to Set Up Arabian Maritime Yard

The National Shipping Company of Saudi Arabia (Bahri) has signed a shareholder agreement with Hyundai Heavy ...

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Gallery: Oman Drydock Receives Its Largest Vessel

Image Courtesy: Sohar Drydock Company Oman Drydock Company (ODC) has welcomed Sohar Max – the largest vessel ...

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Global Port Volume Growth Revised to 4.6 Pct

Driven by strong volume growth recorded across key container ports in the first quarter of 2017, the full year ...

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Rising Mega Boxship Fleet Drives Cascade

Amid a rapid growth in the mega boxship fleet, and nearly a year on from the opening of the new expanded locks of ...

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Gibson: To LNG or Not to LNG?

 The current orderbook for dual-fuel vessels shows some considerable growth in shipowners’ investment in ...

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Hapag-Lloyd Stakeholders Approve Capital Increase

The shareholders of the German shipping giant Hapag-Lloyd have approved all items on the agenda at the latest ...

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Further OPEC Cuts to Influence Tanker Demand?

Extension of oil production cuts until March 2018 could affect tanker demand, either via lower crude and product ...

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Drewry: Container Carriers Heading to Profit

The majority of container shipping lines lost money in the first three months of 2017, but higher rates and ...

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Korean Lines Covering Less Trades

The number of trade lanes served by the Korean deep sea lines has decreased as well as their deployed capacity ...

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IEA: Shipping Lagging Behind in CO2 Reduction

The shipping industry will have to commit to more ambitious policies, and fast, if it wants to get on track with ...

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Dubai Mulls USD 1 Billion Shipping Investment Fund

Dubai Maritime City Authority (DMCA) is considering setting up a USD 1 billion fund to boost investments in ...

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Gulf Majors Linked to UACC Acquisition

Several Gulf-based shipping companies have been identified as potential bidders interested in taking a stake ...

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Hapag-Lloyd Merges with United Arab Shipping Company

German liner shipping company Hapag-Lloyd and its UAE-based counterpart United Arab Shipping Company (UASC) merged ...

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Carrier Reliability Drops in April amid Vessel Reshuffling

Carriers’ overall on-time and transit time reliability decreased in April as the great migration of vessels ...

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