CMA CGM Reshuffles Its Services

Image Courtesy: CMA CGM

French container shipping giant CMA CGM has decided to upgrade its WAZZAN service and reorganize PHOEX and BEX ...

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Alphaliner: Charter Owners Top Hanjin's Claim Creditors

Image Courtesy: Hanjin Shipping

Charter owners, terminal operators and container lessors have been identified as the largest among Hanjin ...

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Singapore to Require MFM Systems for Bunkering

Illustration; Image Courtesy: MPA Singapore

The Maritime Port Authority of Singapore (MPA) will require the use of approved mass flow metering (MFM) systems ...

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Hanjin Woes Affect Samudera Shipping's Revenue

Image Courtesy: Hanjin Shipping

Singapore-based Samudera Shipping Line has recorded a drop of 17.2% in revenue from the container shipping business ...

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Somali Pirates Release Naham 3 Crew after Four Years

Image Courtesy: EUNAVFOR

The remaining crew members of the fishing vessel Naham 3, which were hijacked by Somali pirates in 2012, ...

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GulfNav to Sign Shipbuilding Contracts

Image Courtesy: GulfNav

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) said that it plans to enter into shipbuilding ...

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BW Pacific Inks LR1 Sale and Leaseback Deals

Image Courtesy: BW Pacific

Singapore-based product tanker owner and operator BW Pacific has entered into sale and leaseback agreements for two ...

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NYK Line Sells Ore Carrier Gaia Pegasus

Illustration; Image Courtesy: Diana Shipping

Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) has reached an agreement to sell its ...

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Costamare Delays Delivery of Four Boxships

Image Courtesy: MSC

Athens-based containership owner Costamare Inc. has agreed to postpone the deliveries of the remaining four ...

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G E Shipping Inks Contract to Buy Supramax Bulker

Illustration; Image Courtesy: G E Shipping

Mumbai-based Great Eastern Shipping Company Ltd. (G E Shipping) has signed a contract to buy a Supramax dry bulk ...

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Clarksons: Old Panamaxes Slowly Fading Away

Image Courtesy: Diana Containerships

The ‘old Panamax’ sector seems to be slowly fading away, falling from 969 units in 2012 to 796 at the ...

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Pacific Basin Offers Shares for Charter Rate Cuts

Image Courtesy: Pacific Basin

Pacific Basin Chartering Limited, a subsidiary of Hong Kong-listed dry bulk shipping company Pacific Basin ...

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Drewry: Carriers Could See Higher 2017 Contract Rates

Image Courtesy: FEPORT

The recent rally in Asia to Europe spot market rates has improved carriers’ chances of securing higher 2017 ...

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d’Amico Adds Three Product Tankers

Image Courtesy: d’Amico International Shipping

Tanker shipping company d’Amico International Shipping has added a 39,000 dwt handysize vessel and two 50,000 dwt ...

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New VLGC Joins BW LPG's Fleet

Illustration; Image Courtesy: BW LPG

Singapore’s gas carrier owner BW LPG has further expanded its fleet as it took delivery of the first of four ...

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Hanjin to Shut Down European Ops

Image Courtesy: Hanjin Shipping

Some two months after filing for court receivership, the financially troubled Hanjin Shipping is looking to close ...

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OCEAN Alliance Receives Approval from FMC

Image Courtesy: OOCL

The US Federal Maritime Commission (FMC) has concluded its review of the proposed OCEAN Alliance, allowing it to ...

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Readers' Picks of the Week


Maersk Admits to Duplicity in Vessel Recycling Danish shipping giant Maersk Line has admitted that its own ...

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Evergreen Upgrades Asia-Australia Network

Image Courtesy: Evergreen Line

Taiwanese container carrier Evergreen Line has teamed up with its compatriot Yang Ming Marine Transport (YML), ...

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Clarksons: Non-Delivery Could Hit Record Levels in 2016

Image Courtesy: HHI

Non-delivery of vessels on the orderbook, which has been a prominent theme in shipbuilding in the last decade, ...

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ClassNK Gives Nod to LNG Bunkering Vessel Design

Image Courtesy: ClassNK

Hanjin Heavy Industries & Construction has received Approval in Principle (AIP) for a 7,500 cbm liquefied ...

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Alang's Leela Yard Gets Social Accountability Certification

Illustration; Image Courtesy: NGO Shipbreaking Platform

Alang-based yard Leela Ship Recycling has become the first ship recycling facility in South Asia to receive the ...

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Cargo Traffic at India's Major Ports Up by 5.2 Pct

Image Courtesy: APM Terminals Mumbai

The cargo volumes at India’s Major Ports increased by 5.2 percent during the first half of the fiscal year ...

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GasLog Orders New LNG Carrier from SHI

Image Courtesy: GasLog

Owner and operator of LNG carriers GasLog Ltd. has placed an order for a 180,000 cubic meter liquefied natural gas ...

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Shipping's Operating Costs Fall for 4th Successive Year

Image Courtesy: MOL

Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015, compared with the 0.8% ...

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UK Regulator Approves Baltic Exchange Takeover

Image Courtesy: Baltic Exchange

UK’s Financial Conduct Authority (FCA) approved of Singapore Exchange’s acquisition of London-based ...

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Cochin Shipyard to Build Small-Scale LNG Carriers

Image Courtesy: Cochin Shipyard

India’s Cochin Shipyard Limited is looking to design and construct small-scale liquefied natural gas (LNG) ...

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