Shipping Industry Will Need USD 1.4 Trillion over Next Decade

Shipping Industry Will Need USD 1.4 Trillion over Next Decade

Financing of the shipping industry is again on the agenda as new investments are needed to keep up with the upcoming fleet renovation drive and market growth. According to Clarksons data, the cost of financing the ...

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Exclusive: Hidden Dangers of Shipping Alliances

Interview Hidden Dangers of Shipping Alliances

The 2M alliance between the shipping heavyweights, Denmark’s Maersk Line and Swiss Mediterranean Shipping Company ...

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Image of the Day: USS Truxtun Replenishes at Sea

USS Truxtun Replenishes at Sea

The U.S. Navy’s Arleigh Burke-class guided-missile destroyer USS Truxtun (DDG 103) conducts a ...

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ZIM Shanghai Unloads in Long Beach

ZIM Ship Targeted by Pro-Palestinian Protesters Again

Israeli-owned containership Zim Shanghai has unloaded its cargo at the Port of Long Beach in Los Angeles, having ...

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UASC: Shipping Alliances Will Stifle Smaller Operators

UASC: Shipping Alliances Will Stifle Smaller Operators

John Hinge, President and CEO of United Arab Shipping Co. (UASC) believes shipping alliances will help the box ...

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SOHAR: Joint Effort Needed for Cutting Sulphur Emissions

Joint Effort Needed for Cutting Sulphur Emissions

 SOHAR Port and Freezone Executive Commercial Manager Edwin Lammers called on world leaders within the global ...

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Australian DP World Terminals Facing Strike

Australian DP Terminals Facing Strike

Members of the Maritime Union Australia employed by DP World terminals in Sydney and Melbourne announced their ...

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China Lifts Foreign Investment Restrictions in Shanghai ...

China Lifts Foreign Investment Restrictions in Shanghai's Free-Trade Zone

Chinese government is set to ease restrictions on foreign investments in a number of industries, including the ...

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IMO Pushing for E-Certificates

IMO Pushing for E-Certificates

The IMO’s Facilitation Committee (FAL) has issued a request for all the IMO member States to accept the use ...

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Readers’ Picks of the Week (Sep 22-28, 2014)

Readers’ Picks of the Week

Radioactive SUV Found Aboard Carrier in Vladivostok Customs officials at the Russian port of Vladivostok held up ...

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Platts: VLCC Owners Gear Up for Persian Gulf Rate Spike

VLCC Owners Gear Up for Persian Gulf Rate Spike

Worldscale rates for VLCCs on West Africa-to-Far East routes are at steep premiums to rates for Persian Gulf ...

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CHEC to Build Ashdod Port

CHEC to Build Ashdod Port

China Harbour Engineering Company (CHEC) has been chosen to build a new port in Ashdod, The Times of Israel ...

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Offshore Drilling Facing Soft Market Conditions

Offshore Drilling Facing Soft Market Conditions

Five-year credit default swaps (CDS) for offshore drilling companies in North America have widened 46% over the ...

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Warming Oceans Reshaping Fishermen’s Catch

Warming Oceans Reshaping Fishermen's Haul

For the first time, scientists have shown that ocean warming has had a global impact on the mix of species caught ...

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Hamburg Süd and UASC Forge Shipping Coalition

Hamburg Süd and UASC Forge Shipping Coalition

United Arab Shipping Company (UASC) and Hamburg Süd, have signed a global cooperation agreement. The agreement came ...

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Tanker Market Players Hoping for Higher Freight Rates

Tanker Market Players Hoping for Higher Freight Rates

Tanker market players have not lost their hope for an increase in tanker rates, however little movement is expected ...

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Shipping Needs a Steve Jobs

Shipping Needs a Steve Jobs

The shipping industry is ready for the introduction of new technology, all we need is a new generation of ...

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Confidence in Shipping Industry Strong despite Minor Slip

Confidence in Shipping Industry Strong despite Minor Slip

Overall confidence levels in the shipping industry fell slightly during the three months to August 2014, according ...

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Maritime Shippers Cut Green House Gas Emissions by Fifth

Marine Shipping Green House Gas Emissions Cut by Fifth

The total Green House Gas emissions from global maritime transport are estimated to have been over 20% lower in ...

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Gibson: Major VLCC Players Active in Newbuilding Market

Major VLCC Players Active in Newbuilding Market

The 2014 had been a much more rewarding year for owners than 2013 with positive spikes seen in the spot market and ...

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Video: Abu Dhabi Unveils Cruise Terminal Design

Video: Abu Dhabi Unveils Cruise Terminal

The concept design of Abu Dhabi’s planned permanent cruise passenger terminal was unveiled at Seatrade Med 2014, ...

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Iran Open to Baku-Anzali Line Revival

Iran Open to Baku-Anzali Line Revival

Iran is ready to re-establish the Baku-Anzali shipping line to improve its ties with Azerbaijan.  Reza Mansour, ...

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Container Safety on IMO’s Agenda

Container Safety on IMO's Agenda

Over one hundred issues,  including container safety, were considered in the course of plenary sessions and working ...

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IMO Secretary-General Rules Out Reappointment

IMO Secretary-General Rules Out Reappointment

International Maritime Organisation (IMO) Secretary-General Koji Sekimizu has disclosed his decision not to seek ...

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Battling for Supremacy in Shipping World

Construction of Maersk's Triple E

As the shipping industry progresses toward bigger and ever more complex ships we are seeing shipbuilding giants ...

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