ZIM Most Reliable Carrier in 2nd Quarter

Image Courtesy: ZIM

Israel’s cargo shipping company ZIM Integrated Shipping Services Ltd. was the most reliable carrier during ...

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Yemeni Ash Shihr Oil Terminal Reopens

Image Courtesy: Petromasila

Yemeni Ash Shihr oil terminal resumed operations on August 2 with the arrival of an oil tanker, after it was ...

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Excelerate to Conduct 1000th Ship-to-Ship Transfer of LNG

Image Courtesy: Excelerate

US-based Excelerate Energy L.P. is fast approaching its 1000th commercial Ship-to-Ship (STS) transfer of liquefied ...

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Samos Steamship, N-KOM Extend Cooperation

Image Courtesy: Samos Steamship

Greek shipping company Samos Steamship Co. has extended its cooperation with Qatar’s shipyard Nakilat-Keppel ...

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Drewry: MR Charter Rates to Drop amid Falling Freight Rates

Illustration; Image Courtesy: Ardmore

Time charter rates in the smaller chemical tanker vessel sizes are expected to remain stable over the next two ...

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GSF Develops Plan to End Container Shipping Surcharges

Image Courtesy: BSM

Global Shippers’ Forum (GSF) has developed a plan to end container shipping surcharges within five years, GSF ...

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Container Port Operators Eye Mergers and Acquisitions

Image Courtesy: FEPORT

Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports ...

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Drewry: Idle Boxship Fleet Increases across All Ship Sizes

Image Courtesy: UASC

Growing overcapacity is causing an increase in the idle containership fleet across all ship sizes and apparently in ...

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Readers' Picks of the Week

Readers’-Picks

USD 43.8 Bn Fleet Awaiting Delivery in 2016 During the first half of 2016, some USD 28.4 billion worth of vessels ...

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Paris MOU to Inspect Working and Living Conditions on Ships

Image Courtesy: Danny Cornelissen/Nautilus International

The Paris Memorandum of Understanding (MoU) on Port State Control will launch a Concentrated Inspection Campaign ...

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Dryad: Kidnappings Continue in Gulf of Guinea

Image Courtesy: Dryad Maritime

The Gulf of Guinea witnessed a continuation of the high levels of piracy seen in the first quarter of the year as ...

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Drewry: LNG Market Will Need More Vessels

Image Courtesy: MOL

Despite the current weakness in liquefied natural gas (LNG) shipping rates, the market will require more LNG ...

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CMA CGM Sets Up Bengal Bay Express Service

Image Courtesy: CMA CGM

French container shipping major CMA CGM has launched Bengal Bay Express, a new direct service connecting Thailand, ...

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DP World to Lease Port Saint John’s West Side Terminal

Image Courtesy: Port Saint John

Dubai-based port and terminal operator DP World Limited and Eastern Canada’s Port Saint John in New ...

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Moore Stephens: Shipping to Disclose or Risk Being Exposed

Image Courtesy: WSC

The shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to ...

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Another Service Cut from Far East - North America Trade

Image Courtesy: Hapag-Lloyd

This year’s weak market conditions in the Far East – North America transpacific trade have claimed another ...

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DP World, TIPC to Develop Terminal at Taiwan's Port

Image Courtesy: DP World

Dubai-based port and terminal operator DP World Limited and the state run Taiwan International Ports Corporation ...

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Bahri's Fleet Expansion Bears Fruit

Image Courtesy: Bahri

National Shipping Company of Saudi Arabia (Bahri) has seen a surge of 47.2 percent in its net profit for the second ...

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USD 43.8 Bn Fleet Awaiting Delivery in 2016

Image Courtesy: Navig8

During the first half of 2016, some USD 28.4 billion worth of vessels have been delivered to their respective ...

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Xeneta: Container Shipping’s Peak Season Weakens?

Image Courtesy: Hapag-Lloyd

Due to a glut of surplus capacity in the container shipping industry, the peak season seems to have lost its ...

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Suez Canal Cuts Tolls for VLCCs on US-Arabian Gulf Route

Image Courtesy: Tanker Investments

The Suez Canal Authority has reduced transit tolls for Very Large Crude Carriers (VLCCs) of more than 200,000 ...

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European, Indian Terminals Push DP World's 1H Volumes Up

Image Courtesy: DP World

Dubai-based port and terminal operator DP World Limited handled 31.4 million TEU across its global portfolio of ...

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IMB: Maritime Crimes Hit Lowest Levels in Decades

Image Courtesy: Thinkstock image

Piracy and armed robbery at sea have fallen to their lowest levels since 1995, despite a surge in kidnappings off ...

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Alphaliner: Weak Earnings Lead to Hapag-Lloyd, UASC Merger

Image Courtesy: Hapag-Lloyd

Last week’s merger agreement between German shipping major Hapag-Lloyd and United Arab Shipping Company ...

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Readers' Picks of the Week

Stolt-Nielsen Buys Jo Tankers’ Chemical Operations Stolt-Nielsen Limited has agreed to acquire the chemical ...

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Infographic: Global Maritime Security Incidents in 2016

Image Courtesy: TTS Club

Maritime security incidents on a global level declined by 24 percent in the first six months of 2016, compared with ...

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VesselsValue: Who Are the Best Negotiators in Shipping?

Image Courtesy: NordLB/Daniel Bames

The regions of Scandinavia, the Mediterranean and France-Belgium were the best negotiators in terms of vessel ...

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