Transformation of How Ports Operate Imminent

IBM expert discusses digitization of the maritime industry.

BP Pinpoints to Further Diversification of Energy Mix

BP expects the global energy mix to reach the most diverse point the world has ever seen by 2040.

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Top Ten Carriers Control Almost 90 Pct of Deep Sea Market

More than 87 pct of the global fleet capacity is controlled by only ten out of 67 shipping lines.

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Readers' Picks of the Week

Check out the most read stories from last week.

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 Oversupply to Turn Up the Heat on Chemical Shipping in 2018

Chemical shipping freight rates will weaken due to the depressed outlook on overtonnaged long-haul routes.

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NYK Looking into Embezzlement Case in China

Nippon Yusen Kabushiki Kaisha has discovered a potential embezzlement case in one its subsidiaries.

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Kea Trader's Hull Pieces About to Be Lifted from Reef

Authorities have approved the plan for the removal of broken up containership Kea Trader.

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EU Regulators to Fine Car Carrier Majors for Rigging Bids

Car carrier majors are reportedly facing a new wave of sanctions from the EU regulators.

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Complete Transformation of How Ports Operate Imminent

World Maritime News speaks with IBM expert on the digital transformation of the maritime industry.

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Big Fleets to Hold in Check Tanker Consolidation

Big fleets and the diverse ownership of the remainder of the VLCC fleet to cap consolidation in the sector.

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Australia and Peru Ink Free Trade Agreement

Australia and Peru signed the Peru-Australia Free Trade Agreement (PAFTA) on February 12.

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IMO Presses On with Enforcement of 2020 Sulfur Cap

The International Maritime Organization is standing its ground on the enforcement of the 2020 sulfur cap.

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Readers' Picks of the Week

Here are the most read stories of the second week of February 2018.

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Ice Traps Russian Ferry Carrying 127 Passengers

Igor Farkhutdinov, carrying 127 passengers and 42 shipping containers, stuck in thick ice off the coast of Japan.

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IMO Head: 2020 Sulfur Cap Done Deal

There is no turning back on the implementation of the 0.50 pct cap of the sulfur content of ships’ fuel oil.

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CMPort to Buy 50 Pct Stake in Newcastle Port

CMPort plans to acquire a 50% stake in Australian Port of Newcastle for AUD 607.5 million (USD 477.7 million).

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HMM, AAL Partner Up on New Multipurpose Service

HMM and AAL are entering a cooperation that will create a joint service for multipurpose vessels (MPVs).

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Aerial Search for Sunken Kiribati Ferry Survivors Suspended

The Kiribati government has suspended aerial searches for survivors of the sunken ferry MV Butiraoi.

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Bulker Crewman Stabbed by Robbers in Godau Port, Vietnam

Two robbers armed with knives injured a bosun of an anchored bulk carrier.

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Tsuneishi, Mitsui Engineering to Tie Up Their Businesses

Tsuneishi Shipbuilding and Mitsui Engineering and Shipbuilding to make a business alliance.

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Greenpeace Boards Support Vessel in New Zealand Port

Greenpeace activists broke into Port Taranaki and boarded a support vessel on January 31.

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MOL’s Earnings Up in Q3 of FY2017

MOL's containership and dry bulk businesses drive the company's earnings up in Q3 of 2017 fiscal year.

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Sunken Kiribati Ferry Carried More Than 80 People

About 80 passengers and a crew of likely five were on board the ferry Butiraoi when it sank on January 18.

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ICTSI Starts Ops at Papua New Guinea Terminal

SPICT has commenced operations at the Lae Tidal Basin in Lae, Papua New Guinea.

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Australian Shipping Firm Faces Charges Over Deckhand's Death

Australia's NT WorkSafe has charged Barge Express over the death of a deckhand in January 2017.

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USD 89 Bn Lost in Underuse of European Free Trade Deals

The full potential of European Union free trade agreements (FTAs) remains untapped.

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NYK Line Orders LNG Carrier from Hyundai Samho

NYK Line has placed an order for a new liquefied natural gas (LNG) carrier with Hyundai Samho Heavy Industries.

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Seven Survivors Found from Missing Kiribati Ferry

Seven survivors found from an inter-island ferry, MV Butiraoi, which was reported missing in Kiribati ten days ago.

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