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Iran to Acquire 158 New Ships

tanker

Iran unveiled a massive newbuilding program in an effort to modernize the country's fleet. 

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Coronavirus Comes at the Worst Time for Shipping

The outbreak of the coronavirus comes at one of the worst time for the shipping industry.

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IMO Urges Unnecessary Delays to Ships Are Prevented

Shipping

IMO urges member states to undertake measures to prevent unnecessary delays of ships.

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LPG Tanker in Near Miss after Shelling of Tripoli Port

Libyan flag

NOC: Fuel vessels have been evacuated urgently from Tripoli port.

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SEALNG: 175 LNG-Fueled Ships in Operation, 203 on Order

LNG Powered

There are 175 LNG-fueled ships currently in operation, with 203 on order.

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Nakilat Boasts Highest Profit Ever

Al Mafin

NAKILAT records stellar performance in 2019.

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Coronavirus Outbreak: VLCCs Hit the Hardest

Tanker

The daily cost of hiring a VLCC for 12 months has fallen by over 20% in the last month.

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DP World Returns to Private Ownership

DP World

DP World is returning to private ownership and delisting its shares from Nasdaq Dubai.

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Abu Dhabi Ports Signs Berthing Deal with MSC Cruises

MSC

Abu Dhabi Ports to give MSC Cruises berthing rights at Abu Dhabi Cruise Terminal and Sir Bani Yas Cruise Beach.

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AG&P, ADNOC L&S Agree on FSU Charter

AG&P, ADNOOC FSU Deal

The agreement covers the conversion, supply, operations, and maintenance of the floating storage unit.

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China’s Oil Demand Drops for 1st Time since 2009

Tanker

Wood Mackenzie has lowered its oil demand forecast for Q1 2020.

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Report: 4 Die Following Fire Aboard Zoya 1 Supertanker

Fire

Four people reportedly died following the fire on board the supertanker Zoya 1 last week.

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Readers’ Picks of the Week (27-31 Jan, 2020)

shipping

Here are the most read stories of the past week.

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Bahri Reports 172 Pct Profit Jump

Bahri

Saudi Arabian company Bahri wrapped up Q4 2019 with a 172.48 percent net profit surge.

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Fire Breaks Out on Supertanker off Dubai, Crew Safe

fire

A fire erupted on board a very large crude carrier identified as Zoya 1 off the UAE coast.

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Six Seafarers on CMA CGM Ship Reported Ill

Coronavirus

Six crewmembers onboard a CMA CGM ship have been reported ill, with the possibility of coronavirus infection.

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Study: LNG as Marine Fuel not Such a Cool Choice?

cardissa

Study: LNG might not reduce greenhouse gas emissions on a life-cycle basis.

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Seafarer Happiness Down amid Stress over New Regulations

ship

Workload stress caused by changes in regulations among key reasons impacting the seafarers' happiness level.

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Too Early to Draw Conclusions on VLSFO's Carbon Emissions

shipping

IBIA: still premature to draw valid conclusions on the level of VLSFO's black carbon emissions.

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NYK: Egypt to Get 1st Dedicated RoRo Terminal

NYK

NYK will participate in a consortium that would set up a dedicated RoRo terminal at East Port Said in Egypt.

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How Did Super Pollutant Fuels Come to Market?

Arctic

The Clean Arctic Alliance is calling for an immediate switch to distillate fuels for ships in the Arctic.

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QTerminals Wins 35-Year Concession for Port of Olvia

Ukrainian flag

QTerminals has won a UAH 3.4 billion (USD 138 million) concession to operate Port of Olvia in Ukraine.

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Seafarers Face Screening amid Coronavirus Outbreak

Shanghai

Seafarers calling at Chinese ports are advised to wear masks and take precautionary measures.

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BW Bulker Catches Fire in Gulf of Aden

Bulker

A fire broke out onboard a Panamax bulk carrier while the ship was sailing in the Gulf of Aden.

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Maersk Ups Bunker Surcharge amid VLSFO Price Rise

Mumbai Maersk

Prompted by a price surge of VLSFO, Maersk has decided to increase its bunker surcharge.

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Report: Haifa Port Privatization Cleared

Haifa Port

The sale is expected to be completed in two years.

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Port of Karachi Bans Discharge of Scrubber Wash Water

scrubber

The Port of Karachi in Pakistan implements a ban on discharge of wash-water from open-loop scrubbers.

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