Six Candidates in the Race for IMO Top Position

imo

IMO receives nominations of six candidates for the position of the Secretary-General of the IMO.

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Houthis Seize Bab al-Mandab Army Base

Bab el Mandeb

Yemen’s Houthi militias, rebel forces believed to be backed by Iran, seized a Bab al-Mandab army base overlooking ...

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Shipping Confidence Lowest in Years

Shipping Confidence Lowest in Years

Overtonnaging, the effect of lower oil prices and the growth of investment by financiers from outside shipping have ...

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IUMI: Exposures, Risks Growing in Size and Complexity

IUMI

Exposures and risks are growing in size and complexity and these will require stable solutions in the future, ...

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ZIM Cushions Dip in Revenue

ZIM Cushions Dip in Revenue

Israeli container carrier ZIM ended 2014 with a USD 127 million net loss, a result described as a ”sharp ...

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Kuwait Oil Tanker Operations off Yemen Unaffected

Port of Aden

Operations of Kuwaiti oil tankers in the Bab el-Mandeb strait remain unaffected by the military operations in ...

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Carriers Passing on Lower Fuel Cost Perks to Shippers

Illustration

Shippers seem to be the greatest beneficiaries of lower marine fuel costs as they see the benefits being passed on ...

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Readers’ Picks of the Week (23rd -27th of March)

Readers’ Picks

Maersk Line Orders Seven Containerships Maersk Line signed a new building order today with COSCO Shipyard Co., Ltd ...

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Russia Nominates Candidate for IMO Top Position

Russia Nominates Candidate for IMO Top Position

The Russian Federation has proposed its first candidate for the position of the Secretary General of the ...

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PIL Launches Second Far East-Middle East Service

PIL

Containership operator Pacific International Lines (PIL) has teamed up with COSCON, Wan Hai and Yangming on a new ...

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Yemen Shuts Down Ports amid Air Strikes

Port of Aden

Yemen shut down all major ports on Thursday amid bomb strikes launched by the Saudi Arabia, Reuters reports. Local ...

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AKD: Lack of Ship Definition Threat to Investors

Lack of Ship Definition Threat to Investors

Rotterdam-based law firm AKD says that the lack of an unambiguous term to describe a ‘ship’ in several ...

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Infographic: 50 Years of Containership Growth

ContainerShipGrowthInfographic2015_1000X1125

The infographic presents you with containership growth starting from 1968 forecasting the next generation of ...

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P&O Ports to Turn Around Small and Medium-Sized Ports

HE Sultan Ahmed Bin Sulayem, chairman of PCFC,

The government of Dubai has launched a new port operator named P&O Ports. The company is a subsidiary of Ports, ...

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Drewry: Lower Oil Prices Double-Edged Sword

Illustration

Global dry cargo demand growth, forecast at 5% per annum from 2016 to 2019, is to be offset by falling project ...

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Iranian Navy Foils Two Pirate Attacks in One Week

Illustration

Iranian naval forces have thwarted a pirate attack targeting one of the country’s oil tankers while under way in ...

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EU to Blacklist Iranian Shipping Companies Again

EU to Blacklist Iranian Shipping Companies Again

The European Union is about to reinstate sanctions against 40 Iranian shipping companies as it turns up the heat ...

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Image of the Day: Overseas Laura Lynn Refreshed

lauralynn

Overseas Laura Lynn, one of the four largest supertankers of the world, has completed her routine maintenance work ...

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GSF Calls for Monitoring of Shipping Alliances' KPIs

gsf

The Global Shippers Forum (GSF) has called for rigorous monitoring of key performance indicators (KPIs) that can ...

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Global Shipping Losses Spiraling Down

Global Shipping Losses Spiraling Down

Global shipping losses continued their downward trend with 75 reported in 2014, making it the safest year in ...

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IMO: 61 Stowaway Incidents Reported in 2014

Stowaway

There were 61 incidents involving 120 stowaways reported in 2014, according to International Maritime ...

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SIPG Wins Tender to Operate New Haifa Port

haifa

Operator of China’s largest port Shanghai International Port Group (SIPG) has won a tender to operate the new ...

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Drewry: Revolution in Container Handling Needed

Revolution in Container Handling Needed

A revolution in container handling is required, the port industry equivalent of the “double-decker jetway”.

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Milaha Launches Container Service between Qatar and India

MILAHA1

Milaha Maritime & Logistics, a subsidiary of the Qatar based Milaha Group, is launching the first direct ...

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DP World Joins Maldives Port Development Project

DP World Joins Maldives Port Development Project

Dubai-headquartered marine terminal operator DP World has signed a Memorandum of Understanding (MoU) with Maldivian ...

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Readers’ Picks of the Week (16th-20th March)

Readers’ Picks

Update: MSC Cruises’ Death Toll Rises to Twelve Twelve guests of MSC Cruises have been confirmed dead following the ...

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Image of the Day: Drydocks World Does Its Daily Dozen

drydock world

UAE-based shiprepair facility Drydocks World has simultaneously berthed 11 rigs in the Dubai yard setting a new ...

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