No Sign of 14 Barge Crewmen Missing off Singapore

No Sign of 14 Sand-Barge Crewmen Missing off Singapore

There is still no trace of 14 people that have been missing since their sand-carrier barge capsized in Singapore ...

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Lomar Takes Delivery of 64,000 DWT Bulker

Lomar Takes Delivery of 64,000 DWT Bulker

China-based COSCO (Zhoushan) Shipyard Co. has delivered a 64,000 DWT bulk carrier named Queen Cuki to its European ...

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Migrants Might Pose Risk to Unguarded Merchant Ships

Migrants Might Pose Risk to Unguarded Merchant Ships

Only those commercial ships operating with security personnel onboard should assist in rescuing seaborne refugees, ...

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DP World Says No to Audit in India

DP World Says No to Audit in India

Dubai-headquartered port and terminal operator DP World has refused a request by India’s Ministry of Shipping ...

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Cosco, CSDC Form Dry Bulk JV

Cosco, CSDC Form Dry Bulk JV1

China Cosco Holdings and China Shipping Development Co (CSDC) have agreed to establish a joint venture company in ...

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Carriers More Reliable in April

Carriers More Reliable in April

Container service reliability reached a data-series high in April with the aggregate on-time performance for the ...

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Malaysian Naval Forces to Help Boat Migrants

Malaysian Naval Forces to Help Boat Migrants

Malaysian Prime Minister Datuk Seri Najib Razak has ordered Royal Malaysian Navy and Malaysian Maritime Enforcement ...

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Fourteen Missing after Barge Capsizes in Singapore Waters

Fourteen Missing after Barge Capsizes in Singapore Waters

Fourteen people are missing after a sand-carrier barge capsized off Singapore yesterday, the Maritime and Port ...

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Worker Killed in Shipyard Explosion

Worker Killed in Shipyard Explosion

A shipyard worker was killed in a blast that rippled through a ship undergoing repair work at Mingyang Shipyard in ...

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BIMCO: Time for Carriers to Get Ahead of the Curve

worldmaritimenews.com containership-freight-r...p-to-6-year-low-1024x680

The 2015 has started off as a pretty challenging year for the container shipping industry. With volatile spot rates ...

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Vale Inks Deals to Sell Eight Valemaxes to Chinese Partners

Valemaxes

Brazilian mining giant Vale S. A. (Vale) has concluded the contract with China’s bulk carrier specialist, the ...

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Northern Sea Route to Overpower Suez Canal

Northern Sea Route to Overpower Suez Canal

Roughly two thirds of the world trade that passes through the Suez Canal, which is 8% of the global total, will be ...

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Search for Hanjin Miami’s Missing Captain Called Off

Search for Hanjin Miami's Missing Captain Called Off

The search and rescue operation for the missing captain of the MV Hanjin Miami containership has been ...

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Malaysia and Indonesia Agree to Aid Boat People

Indonesia

Malaysia and Indonesia have agreed to offer temporary shelter and assistance to around 7,000 migrants still ...

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Container Shipping Rates Ever More Volatile

Container Shipping Rates Increasingly Volatile

The volatility of global container shipping spot freight rates since the start of 2015 has continued to increase in ...

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Tokyo MoU Finds 16 Knackered Crews

Tokyo MoU Finds 16 Sleepy Crews

Tokyo MoU inspectors detained 16 ships on deficiencies related to hours of rest between September 1 and November ...

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Pipavav, DSME Ink Pact on Construction of LNG Ships

Pipavav, DSME Ink Pact on Construction of LNG Ships

India’s Pipavav Defence and Offshore Engineering Co. Ltd has signed a cooperation deal with South Korean ...

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Carrier Alliances Worry Singapore’s Shippers

Mega-Alliances

The Singapore National Shippers’ Council (SNSC) expressed growing concern over the ongoing trend pursued by ...

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Asia-N. Europe Boxship Rates Take a Tumble

Asia-N. Europe Boxship Rates Take a Tumble

The freight rates for shipping containerized cargo from Asia to Northern Europe fell 23.5 pct last week reaching ...

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NYK Denies Tanker Leak Claims

NYK Denies Tanker Leak Claims

Japanese shipping company NYK Line refuted recent reports saying that one of the tankers operated by the company ...

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YM Express Joins Yang Ming’s Fleet

Illustration

Taiwanese shipping company Yang Ming Marine Transport Corporation has taken delivery of  YM Express, a 4,662 TEU ...

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BP, Sinopec Form Marine Fuel Joint Venture

BP, Sinopec Team Up on Marine Fuel Joint Venture

Oil major British Petroleum has teamed up with China’s Sinopec Fuel Oil in a joint venture that would focus ...

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Indian Prime Minister Visits Hyundai Heavy Industries

Indian Prime Minister Visits Hyundai Heavy Industries

The Prime Minster of India Narendra Modi has visited Hyundai Heavy Industries (HHI) as part of his two-day visit to ...

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Pelindo I Starts Port and Terminal Development Projects

Pelindo I Starts Port and Terminal Development Projects

Indonesia’s state-owned port operator PT Pelabuhan Indonesia I (Pelindo I) plans to spend Rb 18 trillion (USD ...

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DNV GL Unveils Its Unmanned FLNG Concept

dnvgl.com FLNG-as-of-today-2015-358px_tcm8-24174_w720

DNV GL has developed a new unmanned floating LNG concept intended to unlock the potential of remote offshore gas ...

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ICS Dismayed by US Stance on Ballast Water Regime

ICS Secretary General, Peter Hinchliffe

The International Chamber of Shipping (ICS) voiced its fears that the unilateral stance taken at last week’s ...

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Maran Orders Two Tankers at DSME

Maran Orders Two Tankers at DSME

South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering Co (DSME) has won an order from ...

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