Secondhand Containership Sales at Record Level

The volume of secondhand containership sales reported in the first eight months of 2017 totalled 0.75 million TEU, ...

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Promised Automation Benefits Hard to Deliver?

Automation of shipping and ports has been dubbed as a “marketing rush” by the president of the Maritime ...

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World Seaborne Trade Puts On Some Weight

Since the downturn of 2009, when it slumped by 4%, world seaborne trade has grown by 38%, adding an extra 3.2 ...

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Ballast Water Management Convention Enters into Force

The International Convention for the Control and Management of Ships’ Ballast Water and Sediments (BWM ...

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Carriers Sailing to a Golden Era of Profitability?

Driven by better market fundamentals and greater pricing discipline, carriers are now finally getting their ...

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Transit Corridor Introduced to Minimize Piracy Threat

Following recent attacks against merchant shipping in the Gulf of Aden and Bab Al Mandeb, which highlighted the ...

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Class Needs to Keep Up with Industry's Digitalization

Classification societies need to keep pace with the digitalization of the shipping industry in order to support the ...

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Q2 Results Paint a Better Picture for Container Carriers

Now that the results for the second quarter of 2017 have settled in, it can be deduced that the container shipping ...

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BWM Convention Compliance Comes with USD 100 Bn Price Tag

The shipping industry may collectively need to spend around USD 100 billion in order to install the new ballast ...

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New Asia-West Africa Services Result in Weak Rates

A demand growth recovery in the Asia-West Africa container shipping trade inspired two new fortnightly services, ...

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Maersk Line's Schedule Reliability Takes a Nosedive in July

Danish container carrier Maersk Line, a long-term top-performer when it comes to global schedule reliability, fell ...

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Shipping Needs to Improve Risk Exposure Management

Effective management of risk within the shipping industry has improved slightly over the past 12 months, a survey ...

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Winner and Loser Ports of Reshuffled Asia-Europe Networks

The recent reshuffling of alliance networks on Asia-Europe trade, driven by carrier consolidation, has seen some ...

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Toxic Cocktail Could Disrupt Low Boxship Ordering

Hungry shipyards and shipping companies being eager to be top dog is a toxic cocktail which, combined with ...

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Tanker Fleet's DWT Growth on Course for Six-Year High

Over the past four months owners have been busy ordering new tankers, keeping the crude oil tanker fleet expansion ...

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Hybrid Global Terminal Operators on the Rise

More international terminal portfolios are likely to move into the hybrid category in the coming years, as pure ...

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Dry Bulk Order Book Hits 13-Year Low, but for How Long?

The current order book for bulk carriers stands at 60.4 million DWT, which is the lowest in 13 years, based on the ...

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Robbers Steal Oil from Anchored Tanker in Nigeria

Robbers have boarded a tanker and stole some oil from the ship while it was anchored at Lagos General Purpose ...

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New Deliveries to Keep LR Freight Rates Down

Freight rates for the Long Range (LR) tankers are expected to remain low for the rest of this and the next year, ...

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Celebrity to Recruit First Female Bridge Officers from Ghana

US-based cruise line Celebrity Cruises has entered into a partnership with the Regional Maritime University (RMU) ...

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Distressed MV Cheshire under Tow to Gran Canaria

Bibby Line’s troubled bulk carrier MV Cheshire is being towed to Gran Canaria as of August 21, over a week ...

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Alphaliner: Global Container Volumes on the Rise in H1

During the first six months of this year, the global container port throughput rose by 6.7 percent and the growth ...

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Interview: Over 1,300 Seafarers Abandoned in Five Years

Over the last five years, 12 to 19 crew abandonment incidents were reported annually and 1,013 seafarers were ...

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Drewry: Asia-Southern Africa Rates at 7-Year High

The Asia to Southern Africa market has witnessed a significant growth as spot rates reached their highest in seven ...

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Tanker Orders Ramp Up in Q2

The second quarter of the year saw a total of 32 product tankers ordered as owners rushed to quench their thirst ...

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Golar LNG Inks Deal on Hilli’s Dropdown

Golar LNG, owner and operator of LNG carriers and FSRUs, together with its affiliates Keppel Shipyard and Black and ...

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