Port of Amsterdam Striving to Become Future Ready

Port of Amsterdam

The Port of Amsterdam has embarked on a number of initiatives aimed at a more sustainable future.

US: Iranian Tankers Are a Floating Liability

tanker

Hook: Iranian tankers are now a floating liability.

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Chabahar Port Development Exempted from US Sanctions

Donald Trump

U.S. exempted the development of the Chabahar Port in Iran from sanctions on Iran.

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Bahri CEO: 2020 and 2021 Will Be Golden Years

Tanker

Aldubaikhi told Reuters that better days are coming for the industry as of next year.

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Liner Giants, Terminal Operators Join Forces on Blockchain

blockchain consrtium

Nine ocean carrier majors and terminal operators signed to unlock the potential of blockchain.

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ICS: STCW Seafarer Training Regime Needs to Be Revised

Seafarers

The previous major overhaul of the STCW regime was last undertaken by IMO member states over 25 years ago.

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Sunken Sanchi Included in US Sanctions List against Iran

Donald Trump

Sanchi, which sank in January 2018, included in the new U.S. list of sanctioned individuals and entities.

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U.S. Sanctions against Iran to Drive Tanker Rate Increases

Donald Trump

Sanctions against Iran contribute to the increase in tanker rates.

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APM Terminals Bahrain Sets Sights on USD 32 Mn IPO

APM Terminals Bahrain

APM Terminals Bahrain is to raise around USD 32 million through its planned initial public offering (IPO).

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US Tightens Security Measures for Ships Arriving from Iraq

Shipping

The US imposed additional security measures on vessels arriving from Iraq as of October 26.

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VesselsValue: 44 Pct of 2018 Orderbook Yet to Be Delivered

ships under construction

Out of 1,966 vessels scheduled for delivery in 2018, only 1,100 have hit the water so far this year.

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Milaha Reports Rise in Profit

Milaha

Qatar Navigation (Milaha) ended the first nine months of 2018 with a profit increase of more than 10 percent. 

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IMO Eyes Tougher Measures on Plastic Litter from Ships

fishing nets marine litter

IMO has adopted an action plan to reduce marine plastic litter from ships.

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Tanker Market to Benefit from Iranian Sanctions

Euronav tanker

Euronav pointed to three caveats to a more positive outlook for the tanker market.

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Mixed Feelings after MEPC 73 Meeting

funnel

Industry bodies react to outcomes of IMO's MEPC 73 meeting.

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Nakilat's Growth Continues

LNG carrier

Nakilat ends the first nine months of 2018 with a profit growth of 8.5%.

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Number of Crew Members Held Hostage Increasing YoY

piracy

IMB PRC: The number of crew members held hostage increasing in comparison to the same period in 2017.

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IMO MEPC 73 Adopts Ban on Carriage of Non-Compliant Fuels

containership

MEPC 73 adopted today the ban on the carriage of non-compliant fuel oil on board ships.

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Higher Rates Push Bahri's Profit Up

Tanker

Bahri delivered a stronger net profit in the third quarter of 2018, driven by higher spot market rates.

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IRISL Denies Ordering Tankers at Sadra

Tanker

IRISL refutes shipbroking reports that linked the company to an order for three tankers at Sadra.

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2020 Sulphur Cap Experience-Building Phase Bid Rejected

ship

EBP Proposal for the upcoming 2020 sulphur turned down at MEPC 73.

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Konecranes Awarded Khalifa Port Automation Contract

Konecranes Abu Dhabi

Konecranes is to supply an automated stacking crane system for the 2nd construction phase of Khalifa Port terminal.

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IRISL Linked to Three Tankers at Sadra

tanker

IRISL orders three 113,000 dwt tankers at compatriot shipbuilder SADRA.

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DP World on Track to Meet Market Expectations

DP World

DP World sees continued rise in volumes, as gross container numbers grew by 2.6% in the first nine months of 2018.

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More LNG Carrier Orders Needed to Keep Market Balance

LNG Carrier

Lack of timely investment in the LNG carrier fleet could pose a threat to market development and security of supply.

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IMO MEPC 73 Approves Follow-Up Actions for GHG Strategy

Shipping

IMO's MEPC 73 approved the follow-up program for GHG reduction strategy.

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MEPC 73 Kicks Off with Pressing Issues on the Agenda

funnel

The IMO’s Marine Environment Protection Committee (MEPC 73) gathers today in London to discuss several initiatives.

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Drewry: Expansion of Container Terminals in the Doldrums

container terminal

Container terminal capacity expansion in the next five years has fallen to the lowest proportion ever.

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