Sharp Decline in Idling Boxships

As of 3 April 2017, the idle container shipping fleet stood at 0.97 million TEU, according to Alphaliner’s ...

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Port of Palm Beach Inks 10-Year Deal with Tropical Shipping

The Board of Commissioners for the Port of Palm Beach District has approved a new 10-year contract with its largest ...

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Search for Royal Caribbean Crewmember Called Off

After searching a total of over 5,000 square-nautical miles, the United States Coast Guard has suspended the search ...

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Drewry: Fleet Oversupply Postpones Recovery of LNG Rates

The recovery of liquefied natural gas (LNG) freight rates is not expected to start before the latter part of next ...

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DHT Holdings: Frontline Submits New Unimproved Offer

Bermuda-based crude oil tanker firm DHT Holdings has received a new “unimproved” proposal from ...

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BIMCO: Dry Bulk Recovery A False Dawn

Despite the strong rebound of freight rates in March this year that saw the Baltic Dry Index (BDI) pass 1,282 point ...

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Crew Member Missing from Royal Caribbean's Cruise Ship

A search operation has been launched following reports that a crew member went missing from the cruise ship Liberty ...

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Update: Two Dead in Explosion aboard Bulker

Another crewmember died following an explosion aboard the Marshall Islands-flagged bulk carrier Tamar on April ...

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JAXPORT Sees 13 Pct Rise in Asian Container Volumes

The US Jacksonville Port Authority (JAXPORT) recorded a 13 percent growth in Asian container shipments during the ...

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Panama Canal Changes Fuel Requirements for Ships

The Panama Canal Authority (ACP) has modified fuel requirements for vessels entering the canal waters.  According ...

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Moody's Upgrades Royal Caribbean's Rating

The senior unsecured rating of Miami-based cruise operator Royal Caribbean Cruises (RCL) has been upgraded to Baa3 ...

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BIMCO: Tanker Freight Rates Continue Dropping

Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and oil product tankers continued ...

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Interview: Smart Ships Are Coming!

In a time dominated by smart technology and automation being applied across the board, from industrial production ...

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400 Kg of Cocaine Seized aboard Boxship in Colombia

A cargo of 400 kilograms of cocaine has been seized aboard the Italy-flagged containership Cala Palma by the ...

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Port of LA Issues Draft EIS/EIR for Everport Terminal

The Port of Los Angeles and US Army Corps of Engineers have prepared a Draft Environmental Impact Statement/Report ...

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Carnival Magic's Passenger Medevaced off Key West

The United States Coast Guard medevaced a 41-year-old passenger from the cruise ship Carnival Magic while the ...

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SAAM to Sell 35 Pct Stake in Tramarsa

Chilean port, towage and logistics services provider SAAM has decided to sell a minority stake in Peruvian Trabajos ...

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Key Challenges to Paying Seafarers during Captivity

In light of increased maritime piracy attacks, especially off the Horn of Africa, which often include hijacking of ...

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USCG Medevacs Celebrity Reflection's Passenger

A 47-year-old man was medevaced from the Celebrity Reflection cruise ship during the morning of April 20, some 35 ...

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NWSA Posts Strongest 1Q Box Volumes Since 2005

The Northwest Seaport Alliance (NWSA), comprised of the ports of Seattle and Tacoma, said that it has recorded the ...

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Frontline's Attempt to Stop DHT's VLCC Acquisition Foiled

The Supreme Court of the State of New York has rejected Frontline’s attempt to stop DHT’s acquisition ...

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BW Group Delivers First VLCC to DHT Holdings

Crude oil tanker company DHT Holdings has taken delivery of DHT Utik, the first of eleven very large crude carriers ...

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Shipping Pools - Potential Traps for the Unwary

Pressured by difficult markets and periods of economic uncertainty, shipping companies often turn to pool ...

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Princess Cruises to Pay USD 40 Mn for Oily Waste Dumping

California-based cruise line Princess Cruises, part of Carnival Corporation, was sentenced to pay a USD 40 million ...

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Algoma, Nova Partner Up on Short-Sea Dry-Bulk Shipping

Canadian Algoma Central Corporation and Switzerland-based Nova Marine Carriers have set up a new joint venture that ...

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VLCC, Suezmax Fleet Sees Less Ton Miles in Q1

The global very large crude carrier (VLCC) and Suezmax fleet completed 4.6% less ton miles during the first quarter ...

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Spotted: Guatemala Welcomes Its Largest Boxship to Date

The 8,600 TEU CSAV Traiguen has become the largest containership to call a Guatemalan port when it arrived at ...

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