WSS to Help Avance Gas Vessels Transit Panama Canal

Image Courtesy: Panama Canal

Provider of products and services to the shipping industry Wilhelmsen Ships Service (WSS) has secured ...

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APM Terminals Proves Ready for VGM Container Rules

Image Courtesy: APM Terminals

The Netherlands-based APM Terminals has reported a smooth incorporation of the new Safety of Life at Sea Convention ...

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HMM to Increase Middle East-Asia Coverage

Image Courtesy: HMM

As Hyundai Merchant Marine aims to take advantage of a surge in shipping demand following the lifting of sanction ...

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Tanker Fleet Grows by 203 Units in a Year

Image Courtesy: Teekay

After a period of very limited tanker fleet growth across all but the MR sector, the tanker fleet has surged over ...

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Qatargas, RWE Enter LNG Supply Deal

Image Courtesy: Qatargas

Qatar-based liquefied natural gas (LNG) company Qatargas has signed a contract with European energy trading centre ...

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Dockers Prepare to Take Action Globally

Image Courtesy: Offshore and Home Trade Seamen's Welfare Trust

The International Dockworkers’ Council (IDC), International Transport Workers’ Federation (ITF) and European ...

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Readers' Picks of the Week

Readers’-Picks

Hapag-Lloyd, UASC Agree on Merger Terms German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) ...

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Qatargas Inks 20-Year LNG Supply Deal in Pakistan

Image Courtesy: Qatargas

LNG producer Qatargas has entered into a long-term Sale and Purchase Agreement (SPA) with Global Energy ...

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IMO's VGM Rules for Containers Come into Force

Image Courtesy: Northwest Seaport Alliance

A new regulation requiring the gross mass of a container to be verified before it is loaded onto a ship enters into ...

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Paris MoU Sees Less Bans in 2015

Image Courtesy: Paris MOU

Paris MoU saw a large decrease in the refusal of access or bans in 2015 – 11 bans compared to 20 in the ...

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Demolition of Panamax Containerships Spikes

Image Courtesy: NGO Shipbreaking Platform

Demolition of containerships almost tripled in the first five months of 2016 in comparison to the same period of ...

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UASC's Shareholders Give Nod to Merger with Hapag-Lloyd

Image Courtesy: UASC

Dubai-based container shipping firm United Arab Shipping Company S.A.G. (UASC) informed that all six of its ...

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Carriers' Service Reliability at Six-Month High in May

Image Courtesy: OOCL

Ocean carriers achieved a six-month high for liner service reliability in May, according to data provided by ...

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Hapag-Lloyd, UASC Agree on Merger Terms

Image Courtesy: Hapag-Lloyd

German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) have reached an agreement on the terms ...

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DP World Launches USD 1.2 Bn Sukuk on Nasdaq Dubai

Image Courtesy: Nasdaq Dubai

Dubai-based port and terminal operator DP World’s Group Chairman and CEO, Sultan Ahmed Bin Sulayem, rang ...

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Moody's Outlook on Global Shipping Sector Stays Negative

Image Courtesy: FTA

As the shipping industry is expected to see its earnings worsen, while freight rates are likely to remain ...

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BIMCO Covers Shipping Contract Novation Loopholes

Image Courtesy: FEPORT

BIMCO has published three standard novation agreements that provide a legal framework to change one of the original ...

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Neptune Lines Adds Service in Middle East

Image Courtesy: Neptune Lines

Greek shipping company Neptune Lines has decided to launch a short sea vehicle transportation service in the Middle ...

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Drewry: Peak Season Volume to Stay on 2015 Level

Image Courtesy: Maersk

The 2016 third-quarter peak season will not bring much respite to carriers as the period is not expected to see ...

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Box Shipping Rates Fall as East-West Price War Rages On

Image Courtesy: MSC

As the price war between container shipping companies persists, contract rates in the major East-West trade routes ...

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ClassNK Re-Establishes Its Presence in Iran

Image Courtesy: ClassNK

Tokyo-based classification society ClassNK has resumed operations in Iran with the reopening of its Tehran office ...

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UN Authorizes All Measures to Inspect Ships off Libya

Image Courtesy: UN Security Council

In an effort to implement the arms embargo imposed on Libya, the United Nations Security Council authorized Member ...

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South Korea, Iran Set Up Regular Container Service

Image Courtesy: IPA

A regular container service connecting Korean Incheon Port directly to the Middle East has been launched, with ...

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Braemar Exits JV ACM ICON Shipping DMCC

Image Courtesy: Braemar Shipping Services

The UK-based Braemar Shipping Services has terminated its involvement in the joint venture ACM ICON Shipping DMCC ...

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Container Shipping Rates Still Short of Previous Levels

Image Courtesy: Maersk Line

Although container shipping spot rates should be more stable through the rest of the year, presuming carriers have ...

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Readers' Picks of the Week

Readers’-Picks

Interview: Most Ship Owners Still Opt for Worst Yards As 2016 could be the busiest year on record in ship ...

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Xeneta: Price War Key Driver for Swapping Container Carriers

Image Courtesy: Seaspan Corporation

Price, risk management and loss of trust were identified as the main reasons why businesses end agreements with ...

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