Weathernews to Navigate Maersk’s Vessels

Image Courtesy: Weathernews

Danish shipping companies Maersk Line and Maersk Tankers have signed a three-year contract with Japan-headquartered ...

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HHI, GE, LR Join Forces on 14K Gas-Powered Boxship Design

Image Courtesy: Lloyd's Register

South Korean shipbuilder Hyundai Heavy Industries (HHI) signed a joint project with US-based technology ...

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POSH Takes Makamin to Court over Charter Fees

Image Courtesy: POSH

Offshore support vessels operator POSH Semco, a wholly-owned subsidiary of PACC Offshore Services Holdings (POSH), ...

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MAST: Maritime Industry Faced with Myriad of Security Threats

Image Courtesy: US Navy

Conflicts and tensions in the Middle East, Far East and North and sub-Saharan Africa pose a real threat to the ...

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MSI: Tanker Earnings to Bounce Back in Q2

Image Courtesy: WSC

VLCC, Suezmax, Aframax and product tanker rates are expected to rebound in the second quarter of 2016 supported by ...

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Allianz: Shipping Losses Down in 2015

Image Courtesy: AGCS

Shipping losses continued their long-term downward trend with 85 total losses reported worldwide in 2015, according ...

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Hyundai Samho Bags Suezmax Duo

Hyundai Samho Bags Suezmax Duo

South Korean shipbuilding major Hyundai Samho Heavy Industries (HHI), a shipbuilding affiliate of Hyundai Heavy ...

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Drewry: Liner Schedule Reliability Drops to 12-Month Low

Image Courtesy: Hamburg Hafen

Liner schedule reliability fell to its worst level in 12 months in February when the average on-time performance ...

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Spotted: Upgraded Explorer Ups the Ante

Image Courtesy: Excelerate Energy

The Explorer, a floating storage and regasification unit (FSRU), has completed an upgrade which has boosted the ...

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CMA CGM Expands West African Services

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French container shipping major CMA CGM has upgraded its services linking the West African coast to Europe, Asia, ...

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Moody's Changes Outlook on Global Shipping to Negative

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Moody’s Investors Service (Moody’s) has switched its outlook on the global shipping sector to negative ...

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DP World’s Profit Up 30.7 Pct in 2015

Image Courtesy: DP World

Dubai-based port operator DP World closed the 2015 financial year with a reported revenue growth of 16.3% and ...

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New Quay Cranes at Sohar Port to Serve Future Mega Boxships

Image Courtesy: Sohar Port and Freezone

Oman-based Sohar Port and Freezone’s container terminal received four new post-Panamax quay cranes, marking ...

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AAL, Peter Döhle Set Up New Semi-Liner Service

Image Courtesy: AAL

Singapore-based breakbulk, project cargo and heavy lift carrier AAL and Peter Döhle Schiffahrts-LG, a shipping ...

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First of Five Scorpio's MR Tankers Joins Bahri's Fleet

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The National Shipping Company of Saudi Arabia (Bahri) has taken delivery of its first of five second-hand Medium ...

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Drewry: Megaships Not Delivering Mega Savings

Image Courtesy:  CSCL

The economies of scale that have been a key feature of the liner industry, may be running out, shows Drewry’s ...

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Oman and Iran Strengthening Maritime Ties

Image Courtesy: Salalah Port

Omani Port of Salalah and Iranian Shahid Rajaee Port and Chabahar Port have inked a Memorandum of Understanding ...

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Tristar Snatches ESHIPS’ Chemical Tanker Flotilla

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UAE-seated logistics group Tristar is taking over the Abu Dhabi’s Emirates Ship Investment Company (ESHIPS) ...

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DP World Looking to Boost Investment in Thailand

Image Courtesy: LCIT

Dubai’s port operator DP World is exploring investment opportunities in Thailand including those in ...

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Clarksons: Bulker Owners Scrapping Away in Q1

Image Courtesy: NGO Shipbreaking Platform

The first 3 months of 2016 are shaping up to be the busiest quarter on record for bulk carrier demolition as owners ...

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Two Indian Seafarers Killed in Fire

two indian seafarers died

Two Indian sailors have died in a fire that broke out on board the Al Sadaa tanker in Yemen, according to ...

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SSI Defines Goals for Sustainable Shipping by 2040

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The Sustainable Shipping Initiative (SSI), a coalition of shipping leaders, and industry stakeholders have ...

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IRISL Seals Cooperation Deal with PIL

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The Islamic Republic of Iran Shipping Line (IRISL) has penned a Memorandum of Understanding with Singapore-based ...

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DNV GL Adds Scrubber Ready Class Notation

Image Courtesy: Wartsila

Norwegian-based ship classification society DNV GL has developed a new class notation aimed at helping shipowners ...

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ADPC: Ma’alla Container Terminal Ready for Boxships

Image Courtesy: Port of Aden

Terminal officials at the Port of Aden, Yemen have revealed a new expansion plan that ...

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Korea, Iran Forge Maritime Ties

Image Courtesy: PMO Iran

South Korea has inked an agreement with Iran on cooperation in the maritime field and fisheries. Under the deal, ...

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Port Qasim Receives 1st LNG Cargo from Qatar

Image Courtesy: Shipspotting

Qatar’s first shipment of liquefied natural gas (LNG) arranged under the new USD 16-billion deal signed last ...

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