COSCO Pacific Bolsters Quarterly Profit by Fifth

COSCO Pacific Bolsters Quarterly Profit by Fifth

The Hong Kong-headquartered COSCO Pacific handled 16.5 million TEUs throughout its container terminals in the first ...

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Milaha Begins Year on Strong Note

Khalifa Ali Al-Hetmi, President and CEO of Milaha

Qatar Navigation (Milaha) Q.S.C. is off to a strong start based on its financial results for the three months ended ...

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DP World Improves Quarterly Volumes

DP World Improves Quarterly Volumes

Dubai-headquartered terminal owner and operator DP World Limited handled 15 million TEUs throughout its container ...

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Drewry: Forget Faster Services, Demand Reliability

Forget Faster Services, Demand Reliability

Some shippers want faster services but they would probably be better served demanding better reliability first as ...

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Tanker Market Keeps Up the Momentum

Tanker Market Keeps Momentum

In the first quarter of 2015, tanker earnings for crude oil tankers have climbed to new strong levels, with ...

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Readers’ Picks of the Week (20-24 of Apr)

Readers’-Picks

Video: NASSCO Launches World’s First LNG-Powered Container Ship The US shipbuilder General Dynamics NASSCO ...

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MSC Cruises Drops Calls in Ukraine and Egypt

MSC Sinfonia

MSC Cruises cruise line has decided to suspended remaining 2015 calls in Ukraine and Egypt, replacing them with a ...

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Shippers Skeptical about Shipping Alliances’ Benefits

Shippers Skeptical about Shipping Alliances'Benefits

Emergence of major shipping alliances has not convinced major shippers of the benefits they promised to bring. ...

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Hamburg Süd Hampered by Weak South American Markets

Hamburg Süd Hampered by Weak South American Markets

German container line Hamburg Süd described its 2.3 increase in cargo volumes in 2014 as ”modest,” ...

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Time to Adapt to New Emission Caps Fast Running Out

Time to Adapt to New Emission Caps Fast Running Out

Lloyd’s Register has issued new emissions guidelines and updated technical information to help operators in ...

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ESC to Put Container Shipping Alliances Under Scrutiny

ESC to Put Container Shipping Alliances Under Scrutiny

The European Shippers’ Council has revealed plans to start a global review of the container liner shipping market ...

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India Okays Shipping Agreement with Jordan

Jawaharlal Nehru Port

India’s government has approved the signing of a shipping agreement with Jordan to strengthen the cooperation ...

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World’s First Standard Container Contract Launched

World’s First Standard Container Contract Launched

The world’s first standardised contract terms and conditions for use in container shipping markets worldwide was ...

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Gulf of Guinea Poses Ongoing Threat of Seafarer Kidnap

Gulf of Guinea Poses Ongoing Threat of Seafarer Kidnap

The Gulf of Guinea proved to be one of the most dangerous piracy hotpots for mariners, according to maritime ...

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Maritime Trade in Yemen, Bab El Mandeb under Growing Pressure

Bab El Mandeb

Maritime trade is under growing impact of the actions of the Houthi rebels in Yemen and the Saudi coalition ...

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CE Delft Defends Its Shipping Efficiency Study

Newbuilds-10-Less-Fuel-...nt-than-in-1990-1024x496

Responding to conflicting claims about the conclusions the study it prepared for Seas At Risk and Transport & ...

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Saudi Aramco Looking into VLCCs at Hyundai

Saudi Aramco Looking into VLCCs at Hyundai

Board members of the Saudi Arabian Oil Company, parent company of National Shipping Company of Saudi Arabia ...

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Survey: Banks Prefer Eco Ships

Banks Prefer Eco Ships

Several leading banks in the shipping industry, including HSH Nordbank and KfW IPEX-Bank, use energy-efficiency ...

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Marshall Islands Calls for Global Cut in Shipping Emissions

Marshall Islands Calls for Reduction in Shipping Emissions

In a submission to the International Maritime Organization, the Republic of the Marshall Islands, currently the ...

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ICS Refutes T&E Claims on Modern Ship CO2 Efficiency

ICS Refutes T&E Claims on Modern Ship CO2 Efficiency

The International Chamber of Shipping (ICS) has dismissed the recent claim by the European environmental lobby ...

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IMB: Coastal Tanker Hijacked Every 2 Weeks in SE Asia

Coastal tanker hijacked every 2 weeks in SE Asia

A small coastal tanker is hijacked by pirates in South East Asia every two weeks on average, a report from the ...

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Nakilat Posts Higher Profit

nakilat

Natural gas carrier Qatar Gas Transport Company (Nakilat) disclosed an 8% higher year-on-year net profit in ...

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ICS: Regional Shipping Regulations Creating Chaos

Regional Shipping Regulation Creating Chaos

The Chairman of the International Chamber of Shipping, Masamichi Morooka, warned about the dangers of regional ...

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Interview: Gaining Competitive Edge by Optimizing Maintenance

Images from the CBM Center (Condition Based Maitenance)

In an ever more competitive maritime market, shipowners need to know how to make the best out of emerging ...

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Carriers More Reliable in March

Carriers More Reliable in March

Liner shipping service reliability across the three core EastWest trades hit a five-month peak in March with an ...

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IMO Pushes Transboundary Oil Pollution Convention

IMO Pushes Transboundary Oil Pollution Convention

The International Maritime Organisation’s (IMO) Legal Committee encouraged Member States to ratify and bring ...

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McQuilling: Winners and Losers in Tanker Market

Winners and Losers in Tanker Market

The number of first quarter global Very Large Crude Carrier (VLCC) fixtures has been increasing for more than five ...

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