Essar Shipping Gears Up for Ship Investment

Essar Shipping reveals ship investment plans and more in an interview with WMN.

Product Tanker Orderbook at Historic Low

Despite somewhat increased activity in terms of new orders in the product tanker sector in the first nine months of ...

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Ordering Spree in Boxship Sector Unlikely

On the heels of the two orders by containership majors CMA CGM and MSC for 22,000 TEU ships, the market fears there ...

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Injured Seafarer Evacuated from Bulker off South Africa

South African authorities evacuated an injured crewmember from the bulk carrier Cape Enterprise, operated by ...

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Shipping Bonds Issuance Momentum Explained

Faced with the lack of available funding, a growing number of shipping companies have taken advantage of the low ...

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Vessel Operating Costs to Rise in 2017 and 2018

Vessel operating costs are expected to increase in both 2017 and 2018, according to the latest survey by ...

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Consolidation in Container Shipping May Lead to Oligopoly

Increased consolidation among carriers driven by a continued oversupply of vessels could bring some order to the ...

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Crewman with Leg Injury Evacuated from Tanker

A 39-year-old Croatian crewman has been evacuated from the crude oil tanker MV Almi Navigator off Port Elizabeth, ...

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WSC, IMO Fire Back on Lack of Climate Change Action Claims

The International Maritime Organization (IMO) and the World Shipping Council (WSC) have hit back at the accusations ...

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Uruguay Detains Stowaways Who Threatened Bulker Crew

Uruguayan Navy has detained four stowaways that threatened the crew aboard the bulk carrier Friederike. The four ...

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Breaking: Six Crew Kidnapped from Containership off Nigeria

Six crew members, including the captain, were kidnapped from the Liberian-flagged containership Demeter while the ...

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UAE FTA, ITF to Work on Solving Crew Abandonment

The United Arab Emirates (UAE) Federal Transport Authority (FTA) and the International Transport Workers’ ...

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Injured Seafarer Dies on Bulker off South Africa

A critically injured crewman died on board the bulk carrier MV Grand Amanda off South Africa on October 19, the ...

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124 Ships Dumped on South Asia's Beaches in Q3

Some 124 ships out of 227 ships broken in the third quarter of 2017 ended up on beaches in South Asia for dirty and ...

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Spotted: AIDA Starts Its First World Cruise

On October 17, AIDAcara embarked from Hamburg on AIDA Cruises’ very first world cruise. The 116-day cruise ...

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Slower Steaming Could Cut Emissions by a Third

Greenhouse gas emissions from three ship types – containerships, bulkers and tankers – could be reduced ...

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Liberian Registry Starts with Cybersecurity Program for Crew

The Liberian Registry has launched a Cyber and Ship Security Computer-Based Training (CBT) program as it believes ...

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IMB: 121 Piracy Incidents Reported So Far in 2017

A total of 121 incidents of piracy and armed robbery against ships were reported in the first nine months of 2017, ...

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Unions Push Madagascar to Reinstate Sacked Dockers

South African unions will organize a protest on October 18 demanding that the Madagascan Government takes all ...

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Tanker Owners Get a Breather as Scrapping Ramps Up in Q3

The third quarter of 2017 saw the highest level of total tanker deadweight tons (DWT) sold for scrap in any quarter ...

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Maersk Is Not on the Scrubber Team

The IMO’s 0.5 sulfur cap on marine fuel set to enter into force in 2020 has caused numerous headaches to ...

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Tanker Fired Upon by Libyan Coast Guard Reaches Malta

The Comoros-flagged oil products tanker Goeast, which had been fired upon by the Libyan Coast Guard and had been ...

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Container Shipping Industry to Earn USD 6 Bn This Year

The container shipping industry is steaming its way toward making an operating profit in the region of USD 6 ...

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All Clear at Port of Durban in Storm Aftermath

All navigable areas of the Port of Durban have now been declared safe for navigation, Transnet National Ports ...

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Video: Tanker Crewmember Medevaced off Durban

An Indian crewmember of the oil/chemical tanker Bochem Oslo was airlifted by South Africa’s Transnet National ...

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TPT Declares Force Majeure at Richards Bay Terminal

South African terminal operator Transnet Port Terminals (TPT) has declared Force Majeure at its terminal facilities ...

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