Date Set for Nicaragua Canal Construction Start

Date Set for Nicaragua Canal Construction Start

Work on the USD 40 billion Nicaragua canal will start on December 22 and the project will have minimal environmental and social impact, officials confirmed Thursday, November 20th, the Associated Press (AP) reports. The ...

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Tanker Market Flourishing, Dry Bulk Mostly Down

anker Market Flourishing, Dry Bulk Mostly Down

The Drewry All Earnings Index, which covers the main bulk shipping markets, jumped 53% in October to stand at 200 ...

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Sewol Operator Chief Gets Ten Years

sewol

South Korea’s Gwangju District Court sentenced the head of the company that operated the sunken Sewol ferry, ...

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ESC: Shipping Alliances Need a Watchdog

ESC Shipping Alliances Need a Watchdog

The European Shippers’ Council (ESC) says that shipping industry needs a global authority to keep Vessel Sharing ...

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Mexico Nods to Hapag-CSAV Merger

Mexico Nods to Hapag-CSAV Merger

Mexican competition authority has given unconditional clearance under Mexican merger regulations for the planned ...

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UNCTAD: Global Seaborne Trade Marks Modest Growth

UNCTAD: Global Seaborne Trade Marks Modest Growth

Reflecting stumbling growth in the world economy, world seaborne shipments grew by an average of just 3.8 per cent ...

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APM Terminals Sets Aside USD 1bn for Tema Port

APM Terminals Sets Aside USD 1bn for Tema Port

APM Terminals has signed a Memorandum of Understanding (MOU) with the Government of Ghana, representing a private ...

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FMC Asking for More Info on TSA Proposal

Port of Los Angeles

The US Federal Commission plans to request additional information from the Transpacific Stabilization Agreement ...

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LPG Carriers Fearing Cold Winter in US

LPG Carriers Fearing Cold Winter in US

LPG exports are so dependent on the severity of winter in North America that all eyes are on the weather, as it hit ...

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Norwegian Wraps Up Prestige Takeover

Norwegian Wraps Up Prestige Takeover

Cruise operator Norwegian Cruise Line Holdings Ltd. has completed its previously-announced acquisition of Prestige ...

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Stena Line to Cut 350 More Jobs

Stena Line Cutting Jobs

Sweden’s largest ferry operator Stena Line is continuing with job cuts to meet the company’s goal of ...

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Seaspan Books Two Eco Ferries

Seaspan Books Two Eco Ferries

Canada’s Seaspan Ferries Corporation has contracted Sedef Shipyard of Istanbul, Turkey to build two new ...

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Interview: Recruiting for Maritime Industry

Middle Point's Partner Consultant Maarten van Haren

The global maritime industry is undergoing a very challenging period with industry stakeholders opting ...

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SHI Drops Merger Plans with Samsung Engineering

SHI Drops Merger Plans with Samsung Engineering

The previously announced merger between South Korean shipbuilder Samsung Heavy Industries and Samsung Engineering ...

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ICAP, Howe Robinson in Merger Talks

ICAP Shipping, Howe Robinson in Merger Talks

ICAP plc revealed that it is in discussions to combine its shipbroking arm ICAP Shipping with London-based ...

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Carriers Suspending West Coast Surcharges

Port of Los Angeles Container Terminals

Seven carriers have decided to  suspend the announced congestion surcharges for cargo moving via U.S. West Coast ...

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GSF: Alliances Worry Shippers

GSF Alliances Worry Shippers

The recent Containerisation International (CI) shipper sentiment survey has shown that shippers are worried about ...

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World’s Largest Containership Named

World's Largest Ship Named

South Korean shipbuilding giant Hyundai Heavy Industries Co., Ltd. (HHI) announced today that it held a naming ...

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South Korea, New Zealand Wrap Up FTA Talks

South Korea, New Zealand Wrap Up FTA talks

South Korea’s President Park Geun-hye and New Zealand’s Prime Minister John Key announced the ...

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Singapore Arms of OW Bunker Going Bust

Singapore Arms of OW Bunker Going Bust

Singapore-based Dynamic Oil Trading, has joined OW Bunker Far East Pte. Ltd., in filing for liquidation thus ...

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Workers at Hyundai Heavy Threaten to Strike

Workers at Hyundai Heavy Threaten to Strike

Workers at South Korea’s shipbuilding giant Hyundai Heavy Industries will refuse to work after the regular ...

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Costa Cruises Facing USD 247 Mln in Damage Claims

Costa Cruises Facing USD 247 Mln in Damage Claims

Costa Cruises, an arm of cruise liner conglomerate Carnival Corporation, is facing USD 274 million in damage claims ...

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South Korea to Launch Sewol Salvage Task Force

South Korea to Launch Sewol Salvage Task Force

South Korea is planning to set up a government-civilian task force to perform a technical analysis of how to ...

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China, Australia Conclude Free Trade Agreement

China, Australia Conclude Free Trade Agreement

Australia and China have signed a Declaration of Intent on China-Australia Free Trade Agreement having concluded ...

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IMO MSC Session Opens

IMO MSC Session Opens

IMO Secretary-General Sekimizu has opened the 94th session of the Maritime Safety Committee (MSC) on Monday, which ...

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