Hapag-Lloyd and CSAV Cleared to Merge

Hapag-Lloyd and CSAV Cleared to Merge

Hapag-Lloyd and the Chilean Compañía Sud Americana de Vapores (CSAV) are joining forces, by merging CSAV´s ...

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Chinese Shipbreakers Bracing for Another Blow

Illustration

Chinese shipbreakers are heading for a another downturn as domestic scrap prices plunge to record lows, Platts said ...

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Pieter Schelte Loses South Stream Gig

Pieter Schelte Loses South Stream Gig1

The world’s largest crane vessel Pieter Schelte will have to change plans for the summer 2015, as the recent ...

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Concordia Captain Takes the Stand

Concordia Captain Takes the Stand

The captain of the ill-fated cruise ship Costa Concordia, Francesco Schettino, took the stand on Tuesday before a ...

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Star Bulk On Track with Fleet Expansion Plans

Star Bulk On Track with Fleet Expansion Plans

Greece-based bulk carrier Star Bulk has taken delivery of 20 vessels out of the 34 vessels the company agreed ...

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Seaport Alliance Crosses First Hurdle

Seaport Alliance Crosses First Hurdle

The interlocal agreement (ILA) the U.S. ports of Seattle and Tacoma submitted in October to the Federal Maritime ...

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Interview: Dealing with Ebola

Dealing with Ebola

The Ebola outbreak in West Africa has already had a significant impact on the shipping industry. West African ...

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Parakou, Cambridge Agree on Merger

Parakou Tankers Merging with Cambridge

Blank check company Cambridge Capital Acquisition Corporation and privately-held tanker owner Parakou Tankers, Inc. ...

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Baja Ferries Formalizes Bid for SNCM

Baja Ferries Formalizes Bid for SNCM

Mexican ferry company Baja Ferries has filed a formal takeover offer with the Marseilles bankruptcy court for ...

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Sanko’s Restructuring Concluded

Sanko's Reorganization Concluded

Japan’s shipping firm Sanko Steamship said today that the Tokyo District Court issued an order today to ...

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Hong Kong Port Needs More Productive Existing Terminals

Hong Kong Port Needs More Productive Existing Terminals

Container throughput in Hong Kong will continue to see growth in the coming years, but in order to cope with a ...

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Tianjin Marine’s Newbuild Financing Plans on Track

Image for Illustration Purposes

China Securities Regulatory Commission has verified and approved  Tianjin Marine’s application for issuance ...

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MRPL to Turn Mauritius Into Petroleum Hub

MRPL to Turn Mauritius Into Petroleum Hub

India’s Mangalore Refinery and Petrochemicals Limited (MRPL) has signed a Memorandum of Understanding with ...

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No Rate Improvement due to Carriers’ Inaction

No Rate Improvement due to Carriers' Inaction

Northbound volumes overtook the previously dominant southbound leg in September in the stagnating Europe-East Coast ...

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ICS Encourages Strict Sulphur Rules Implementation

ICS Encourages Strict Sulphur Rules Implementation

The shipping industry is fully committed to total compliance with the 0.1% sulphur in fuel requirements in Emission ...

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Saudi Arabia Reveals USD 30 Bln Port Investment Plans

Jeddah Islamic Port

Saudi Arabian authorities have earmarked a USD 30 billion investment for development of the country’s port ...

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Hijacked Indonesian-Flagged Tanker Found

Hijacked Indonesian-Flagged Tanker Finally Found

The missing Indonesia-flagged tanker Srikandi 515 has been identified and located at approximately 9 nm off ...

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Asia-Mediterranean Rates Plunging

Asia-Mediterranean Rates Plunging

Since September, the demand for shipping along the Asia-Mediterranean routes has fallen sharply, and while carriers ...

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Seabourn Doubles Its Trust in Fincantieri

Fincantieri yard in Monfalcone

Italian shipbuilder Fincantieri is going to build a second ultra-luxury ship for Seattle-based cruise line Seabourn ...

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ICS: Only IMO Should Deal with Shipping Emissions

ICS Only IMO Should Deal with Maritime Emissions

The International Maritime Organisation (IMO) is developing additional measures to reduce CO2 emissions from ...

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Shippers Switch to Air amid US Port Congestion

Shippers Shift to Air amid US Port Congestion

The recent US West Coast port congestion issues have temporarily reversed the long-term modal shift from air to ...

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Piraeus, Cosco Ink Multimillion Investment Deal

Piraeus Container Terminal

Piraeus Port Authority (PPA) signed a revised EUR 230 million concession agreement with and Chinese company Cosco ...

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Container Weighing Made Mandatory

Container Weighing Made Mandatory

In the future, loaded containers must not be taken on board a ship until their weight has been determined.

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Mainlane Container Volumes on the Rise

Mainlane Container Volumes Poised for Growth

Mainlane container trade volumes are expected to grow by 8% on the peak leg Far East-Europe route and by 6% on the ...

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Maersk Broker Considering Mergers

Maersk Broker Considering Mergers

In the wake of revealed merger plans and alliances that swept across the shipbroking market over the recent period, ...

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Finland to Set Aside USD 1.25bn for Icebreaking Fleet Renewal

Finland to Set Aside USD 1.25bn for Icebreaking Fleet Renewal

Finland’s Cabinet Committee on Economic Policy has outlined the future of the wholly state-owned company ...

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BIMCO All for Cutting Red Tape in Shipping

BIMCO All for Cutting Red Tape in Shipping

BIMCO has supported a report identifying ways to reduce red tape for shipping which will be presented to the ...

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