OFE: Asian VLCC Rates to Continue Falling

Very large crude carrier (VLCC) rates on the AG/Japan route tumbled by nearly w10 points within a day to w60 on ...

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Product Tanker Fleet Enters Moderate Growth Era

Product tanker orderbook has dropped to its lowest level in nearly 17 years as it was equivalent to 10.2% of fleet ...

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Siemens to Automate Africa's MedPort Tangier Terminal

German technology powerhouse Siemens has received a deal to supply electrical and automation systems and provide ...

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IMO 2020 Rule to Cost Shippers USD 60 Bn More a Year?

Global bunker fuel costs could rise by up to USD 60 billion annually from 2020, in a full compliance scenario, when ...

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MSI: Boxship Sector Entering Calmer Waters

The containership sector has started 2017 in a positive mood, with each of the industry’s drivers – ...

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Drewry: Liner Alliances Make Illogical Port Choices

By examining the correlation between carrier terminal ownership and the choice of port calls by the 2M and upcoming ...

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Oversupply Keeps January Vessel Orders at Record Low

Global ordering activity has fallen to 26-year low in January 2017, shipbuilding data from Maritime & Trade by ...

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Drewry: Carriers Reluctant to Narrow Supply-Demand Gap

Amid a huge gap between supply and demand in the container shipping industry, carriers seem to be reluctant ...

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Clarksons: Boxship Deliveries Entering Moderate Era?

As containership deliveries dropped from the record 1.7 million TEU in 2015 to just 0.9 million TEU in 2016, the ...

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ABS Issues Cyber Safety Notation for Marine Industries

As the focus on cyber safety is rising, the classification provider ABS has issued its first notation for the ABS ...

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DP World Wins Dispute over Djibouti Terminal

Dubai-based port and terminal operator DP World has been cleared by the London Court of Arbitration of all charges ...

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LR2s to Reap the Fruits from 0.5 Pct Sulphur Cap

Clean product tankers are likely to benefit from the implementation of the global 0.5% sulphur emissions cap as of ...

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Libyan Militants Release Car Carrier Morning Compass

After Libyan militants seized the car carrier Morning Compass, the vessel was released from captivity on February ...

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Report: EUKOR Car Carrier Stopped by Libyan Forces

The 2013-built car carrier Morning Compass has been seized by Libyan militants and escorted to the country’s ...

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Crude Tanker Market Hit Hard by OPEC's Cut

The predicted influx of new tonnage, combined with the Organization of the Petroleum Exporting Countries’ ...

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Korean Vessel Listing after Fire at Port of Cape Town

A fire that broke out on board a Korean fishing vessel at the port of Cape Town on February 18 has been put under ...

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APL Austria's Fire Extinguished, Inspection Begins

The fire that raged for days on board the APL Austria docked at the port of Ngqurha near Port Elizabeth has finally ...

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Drewry: LPG Shipping Rates to Fall Further in 2017

Although the liquefied petroleum gas (LPG) shipping trade is expected to continue growing on the back of strong ...

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Pirates Release Eight Iranian Crew from Captivity

Eight Iranian seafarers have been released by Somali pirates after being held in captivity since May 2016, ...

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Images Emerge of Fire-Ravaged APL Austria

The South African Maritime Authority (SAMSA) has released photos from the fire-stricken boxship APL Austria showing ...

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Three New Members Join SEALNG Coalition

Three new members have joined the multi-sector industry coalition SEA\LNG which aims to accelerate the widespread ...

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Update: Fire onboard APL Austria Contained

The fire that broke out on the giant Liberian flagged boxship APL Austria while sailing off South Africa has been ...

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New ISO Standard to Ensure Safe LNG Bunkering Ops

As demand for liquefied natural gas (LNG)-fuelled vessels has increased, so has the demand for practical, ...

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APL Austria Hit by Major Fire off South Africa

A Liberian flagged cargo vessel identified as APL Austria has suffered a major fire offshore South Africa, the ...

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Liner Shipping among More Consolidated Sectors

Although the container shipping sector saw a huge amount of consolidation in 2016 driven by the persistent pressure ...

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