Five Hanjin Bulkers Sold for USD 125 Mn

Five bulk carriers, owned by the former South Korean shipping giant Hanjin Shipping, have been sold to multiple ...

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Stevedores’ Strikes Block Brazilian Ports

On March 15, Brazilian stevedores organized an industrial action which affected port operations at all ports in the ...

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APL to Add New, Modify Existing Three Services

Singapore-based container shipping company APL plans to launch three new weekly services and revise its Latin ...

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RCL, Port Everglades to Enter Long-Term Business Deal

Miami-based cruise line Royal Caribbean Cruises, Ltd. (RCL) and Florida’s Port Everglades have ...

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Update: USCG Reopens Port of Virginia

The United States Coast Guard (USCG) reopened the Port of Virginia in the morning hours of March 14 (local time), ...

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Prince Rupert Port to Welcome More Cruise Ships in 2017

British Columbia’s Port of Prince Rupert expects more than a 100% increase in the number of ships and ...

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ICTSI & PSA Open New Terminal in Buenaventura, Colombia

Manila-based port operator International Container Terminal Services, Inc. (ICTSI) and global port operator group ...

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USCG Closes Port of Virginia Due to Strong Winds

The United States Coast Guard (USCG) closed the Port of Virginia Monday night in anticipation of high winds. ...

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Value of Marine Freight Industry to Reach USD 210 Bn by 2021

The global marine freight industry is expected to return to 2014 levels by mid-2019 and reach a value of ...

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Drewry: New Alliance Networks-Winners and Losers

The Ocean Alliance has the most services at its disposal with a total of 40 loops spread across seven East-West ...

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Gener8 Maritime Adds New ECO VLCC, Earns Less in 2016

The US-based crude oil shipping company Gener8 Maritime has taken delivery of its ECO very large crude carrier ...

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Global Maritime Kidnaps Jump by 44 Pct in 2016

Maritime kidnaps across the globe surged by 44 percent in 2016, in part driven by an uptick of activity in the Gulf ...

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Clarksons: Shipyards' Forward Cover Drops to 2.3 Years

Shipyards have been struggling with reduced vessel ordering for years as global output dropped and capacity ...

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ACP: No Bids for Corozal Container Terminal

The deadline for submitting proposals for the concession to design, develop, finance, construct, operate and ...

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Algoship's Dual-Fuel Bulker Design Gets ABS Clearance

The Seatransporter-DF, a dual-fuel design concept developed by Algoship Designers of Nassau, Bahamas has ...

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Regulatory Bodies Should Tackle Shipowners' BWMS Issues

The International Association of Dry Cargo Shipowners (Intercargo) expressed concerns about the practical problems ...

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Imports at Top US Container Ports Set to Rise

Despite developments in Washington, imports at the major US retail container ports should see double-digit ...

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RCL Breaks Ground for New Terminal in Miami

Miami-based cruise line operator Royal Caribbean Cruises and PortMiami broke ground for a new RCL cruise terminal ...

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USCG Issues BWM Extension Program Guide

The United States Coast Guard (USCG) has released a new guidance related to its Ballast Water Management (BWM) ...

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New Tonnage Record for Panama Canal

 The Panama Canal set a new daily tonnage record in February 2017 of 1.18 million Panama Canal tons (PC/UMS) after ...

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BIMCO: Dry Bulk Fleet Tops 800 Mn dwt

Driven by a drop in dry bulk demolition and a surge in deliveries, the dry bulk fleet grew by 2.6% year-on-year in ...

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THE Alliance Unveils Safety Net in Case of Bankruptcy

The five member lines of THE Alliance said that they will establish an independent trustee to manage funds to be ...

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Carriers Start 2017 with Grim Outlook

As the container shipping industry continues to be plagued by the same challenges since the onset of the 2008 ...

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Court Approves ISH’s Reorganization Plan

The US Bankruptcy Court for the Southern District of New York has confirmed a reorganization plan for Alabama-based ...

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Trump’s New EO Gives Headaches to Seafarers

Crew members who are nationals from Iran, Libya, Somalia, Sudan, Syria and Yemen shall be denied entry to US ports ...

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OSG Nosedives into Red

NYSE-listed tanker owner and operator Overseas Shipholding Group (OSG) suffered a full-year net loss of USD 293.6 ...

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