Japan, Thailand and Myanmar to Jointly Develop Dawei Port

Japan, Thailand and Myanmar to Jointly Develop Dawei Port

Japan, Thailand and Myanmar have signed a Memorandum of Intent (MoI) to build the controversial Dawei Special ...

read more →

Antwerp Wants a Piece of 'One Belt One Road'

Port of Antwerp

Port of Antwerp is setting up a “One Belt One Road” taskforce within the Port Authority as it sets its sights on ...

read more →

Shipping Industry’s Morale Suffers Sharp Decline

Shipping Industry's Morale on Sharp Decline

The morale in the shipping industry has fallen to the lowest level in the past six years, according to the Way ...

read more →

Unipec Leads the Dirty Pack

Unipec

China International United Petroleum & Chemicals (Unipec) has remained in the lead in the overall ranking of ...

read more →

Freighter Aground and Taking On Water off Vietnam

Freighter Aground and Taking On Water off Vietnam

A Vietnam-flagged general cargo ship carrying 3,000 tons of rice lost control due to strong winds and ran aground ...

read more →

IPO Brings Saigon Port USD 19 Million

IPO Debut Brings Saigon Port USD 19 Million

Vietnam’s Saigon Port Company Limited sold 35.71 million shares through its initial public offering (IPO) at ...

read more →

Less Capacity on Westbound Med-Asia Trade to Improve Rates

Less Capacity on Westbound Med-Asia Trade to Improve Rates

After four months of relentless falls in the headhaul spot rates, carriers are now being forced to reduce capacity ...

read more →

Second Nor Lines LNG Cargo Ship Leaves China

Second Nor Lines LNG Cargo Ship Leaves China

The 5,000 dwt short sea cargo ship MS Kvitnos has left China and is on its way to Norway, joining its sister ship ...

read more →

Readers’ Picks of the Week (Jun 29 – Jul 3)

Readers Picks

Samsung Heavy Lands USD 4.7 Billion FLNG Order from Shell South Korea’s Samsung Heavy Industries (SHI) has won a ...

read more →

Grimaldi Orders Three More PCTCs in China

Grimaldi Orders Three More PCTCs in China

Italian shipowner Grimaldi Group has signed an USD 165 million agreement for the construction of three Pure Car ...

read more →

ICBC Leasing Pens USD 1.1bn Deal with Jaccar and Seatrade

ICBC Leasing Pens USD 1.1bn Deal with Jaccar and Seatrade

ICBC Leasing, a unit of Industrial & Commercial Bank of China Ltd., has signed loan deals with Belgian reefer ...

read more →

Kim Nirvana Total Death Toll 45, One More Rescued

Kim Nirvana Death Toll Rises to 40, 6 Still Missing

Search and rescue crews have recovered nine more bodies from a ferry that capsized some 200 meters off the Port of ...

read more →

2015 on Track to Break Record in Dry Bulk Scrapping?

2015 on Track to Break Record in Dry Bulk Scrapping

The 2015 appears to be running on a path toward becoming another record year in the dry bulk demolition activity. ...

read more →

China Allows Valemaxes into Its Ports

China Allows Valemaxes into Its Ports

China’s Ministry of Transport and the National Development and Reform Commission issued a notice on Thursday, ...

read more →

G6 Adds Halifax to Asia Suez Express Service

G6 Adds Halifax to Asia Suez Express Service

The G6 shipping alliance has added a call to the UK Port of Halifax to their Asia Suez Express (AZX) service ...

read more →

Asia Gets First LNG-Powered Tugboat

Asia Gets First LNG-Powered Tugboat

China National Offshore Oil Corporation (CNOOC) has taken delivery of Asia’s first tugboat Hai Yang Shi You 525, ...

read more →

JES International Sues Former Administrative Assistant

JES International Sues Former Administrative Assistant

Singapore-based shipbuilder JES International Holdings Limited reported that four of its Chinese subsidiaries ...

read more →

Container Equipment Prices Fall to Record Lows

APL Oakland CA Terminal

Low material costs and stable demand has driven the price of new container equipment down to record lows where it ...

read more →

Bahri Signs Up for Five More

Bahri Signs Up for Five More

 The National Shipping Company of Saudi Arabia (Bahri) has exercised option for construction of additional five ...

read more →

Huarong’s Shipyard Sale Delayed

Huarong's Shipyard Sale Delayed

China Huarong Energy Company Limited, formerly known as China Rongsheng Heavy Industries Group Holdings Ltd, said ...

read more →

Lomar Takes Delivery of Kambos

Lomar Takes Delivery of Kambos

Chinese shipbuilder COSCO Zhoushan Shipyard Co., Ltd has delivered a 64,000 DWT bulk carrier, named Kambos, to its ...

read more →

First Valemax to Call at Chinese Port After Three-Year Ban

Valemaxes

China’s ban on very large ore carriers known as Valemaxes seems to have been officially lifted as the ...

read more →

At Least 36 Dead After Ferry Capsizes off Philippines

At Least 36 Dead After Ferry Capsizes off Philippines

At least 36 people have died after a ferry carrying 173 passengers capsized around 12 pm local time, soon after ...

read more →

Hong Kong Introduces Stricter Garbage Disposal Rules

Hong Kong Introduces Stricter Rules on Garbage Disposal from Ships

Hong Kong introduced the new Merchant Shipping (Prevention of Pollution by Garbage) Regulation on July 1, giving ...

read more →

Capital Adds Third Dropdown Newbuilding

Capital Adds Third Dropdown Newbuilding

Nasdaq-listed diversified shipping company Capital Product Partners L.P. (Capital) has acquired the 2015-built ...

read more →

Gallery: CMA CGM in USD 1bn Deal with CEXIM

CMA CGM in USD 1bn Deal with CEXIM

French liner giant CMA CGM and the Export-Import Bank of China (CEXIM) has signed a framework agreement on ...

read more →

Gallery: First Ever Widened Boxship Reenters Service

First Ever Widened Boxship Reenters Service

After successful sea trials, the first ever container ship to undergo a process of widening, the MSC ...

read more →