Iran Ends LPG Exports to Japan

Image Courtesy: NITC

Although Iran stopped liquefied petroleum gas (LPG) exports to Japan, the country’s supply will not go to ...

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Bahri Seals USD 126 Mn Loan for VLCC Duo

Image Courtesy: Bahri

The National Shipping Company of Saudi Arabia (Bahri) has secured USD 126 million in financing with the Bank of ...

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Iran Ordering USD 2.4 Bn Worth of Ships in Korea

Image Courtesy: HHI

Iran has been linked to shipbuilding orders worth up to USD 2.4 billion at South Korean yards, providing them with ...

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Infographic: Shipping Industry Needs to Raise CSR Awareness

Image Courtesy: MSC

The shipping industry needs to increase Corporate Social Responsibility (CSR) awareness as on average less than 50 ...

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Suez Canal Cuts Boxship Fees to Attract More Traffic

Image Courtesy: Dredging Suez Canal

In an effort to “meet the desire” of ship owners and operators and attract more vessels, the Suez Canal ...

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Shipping Firms Still Far Away from Cyber Security Basics

Image Courtesy: GTMarine

While cyber security has become a hot topic on conference platforms and industry events around the world, ...

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Tanker Owners Told to Invest Wisely ahead of New Price Cuts

Image Courtesy: Euronav

Prompted by difficulties in accessing new finance, shipyards are likely to reduce further the newbuilding prices in ...

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EU's CO2 Regulations Must Line Up with International Rules

Image Courtesy: Dryad Maritime

The member national shipowners’ associations of the International Chamber of Shipping (ICS) have agreed to ...

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UASC Shareholders Back Tie-Up with Hapag-Lloyd

Image Courtesy: UASC

Shareholders’ representatives of the United Arab Shipping Company (UASC) supported the ongoing discussions with ...

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CLIA: Cruise Industry Stronger than Ever

Image Courtesy: CLIA

The cruise industry has surpassed 2015 ocean cruise passenger projections and has increased passenger expectations ...

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Maritime NZ: IMO Softens Transition to New SOLAS Rules

Image Courtesy: Northwest Seaport Alliance

In light of the upcoming SOLAS container weight verification requirement and concerns over the transition to the ...

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Shipbuilders to Compete Neck and Neck for New Orders

Image Courtesy: HHI

Major shipbuilding nations will be put to the test during 2016, as the shipbuilding industry enters one of the ...

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Bahri, Partners Step Closer to Set Up Maritime Yard

Image Courtesy: Bahri

The National Shipping Company of Saudi Arabia (Bahri) has signed a joint development agreement (JDA) with Saudi ...

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Iran to Set Up Regular Shipping Line to Japan

Image Courtesy: IRISL

Iran plans to launch a regular shipping line to Japan in the next few weeks, Managing Director of the Islamic ...

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DP World Raises USD 1.2 Bn, Agrees to Develop Berbera Port

Image Courtesy: DP World

Dubai-headquartered port and terminal operator DP World has raised USD 1.2 billion in a new 7-year sukuk set to be ...

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Readers' Picks of the Week

Readers’-Picks

Interview: Ship Value in Almost All Sectors Close to Historical Lows In May 2011, the mapping, ship search and ...

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BIMCO: Demolition Spree Hits Standstill Due to Rise in BDI

Image Courtesy: Diana

Following a scrapping spree witnessed in the first quarter of the year, the Baltic Dry Index’s (BDI) positive ...

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All Five Second-Hand MRs Transferred to Bahri

Image Courtesy: Bahri

The National Chemical Carriers (NCC), a subsidiary of the National Shipping Company of Saudi Arabia (Bahri), has ...

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Zim Swings Back to Red

Image Courtesy: ZIM

Israeli container shipping company ZIM Integrated Shipping Services Ltd. has sunk to the red in the first quarter ...

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India, Iran Seal Chabahar Port Deal

Image Courtesy: Govt of India

India and Iran have signed a bilateral agreement today to develop the Chabahar port and related infrastructure, ...

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UASC Wraps Up USD 162 Mn Finance Deal

Image Courtesy: UASC

Dubai-based container shipping firm United Arab Shipping Company (UASC) has completed a series of transactions that ...

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Korean Register Expands Foothold in Iran

Image Courtesy: KR

Korean Register (KR) has signed a Memorandum of Agreement to establish a joint venture company with the Iranian ...

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Drewry: Clarity Issues Could Delay Container Weighing

Image Courtesy: FEPORT

Although progress is being made for the upcoming implementation of the container weighing rules on July 1, it is ...

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Readers’ Picks of the Week (May 16 – 20, 2016)

Readers’-Picks

Danish Ship Finance: Shipyards Could Be Left without Orders by 2017 It is essential that new orders are placed ...

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Qatargas Delivers 1st Spot LNG Cargo to JERA

Image Courtesy: Qatargas

Qatargas Operating Company Limited (Qatargas) has shipped its first spot liquefied natural gas (LNG) cargo ...

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Sulphur Cap to Push Boxship Operators' Costs Up to USD 30Bn

Image Courtesy: Maersk Line

Depending on the ship size, speed and fuel price, containership operators saw an increase of some USD 500 million ...

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UASC to Vote on Hapag-Lloyd Tie-Up in June

Image Courtesy: UASC

Dubai-based shipping company United Arab Shipping Company (UASC) is going to decide on the business combination ...

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