Bahri's Profit Down amid Weak Spot Rates

National Shipping Company of Saudi Arabia (Bahri) has reported that its net profit for the quarter ended December ...

read more →

Clarksons: Box Shipping Starts Addressing Its Problems

After 2016 brought a number of records, most of them of a gloomy nature, the year may well be seen as one in which ...

read more →

IMO: Anti-Piracy Deal Expanded to Other Illicit Activities

An international agreement on repressing piracy and armed robbery against ships in the western Indian Ocean and the ...

read more →

OSC Inks VLCC Affreightment Deal with Shell

Oman Charter Company (OCC), a subsidiary of Oman Shipping Company (OSC), has entered into a contract of ...

read more →

MSI: Strong Dry Bulk Market Unlikely to Last

The welcome surge in dry bulk market’s spot earnings at the end of 2016 is unlikely to last long into 2017, ...

read more →

Boskalis Wins LOI for Omani Port Development Project

Dutch dredging and maritime company Royal Boskalis Westminster N.V. has received a Letter of Intent to Award a ...

read more →

King Abdullah Port Sees 8 Pct Rise in Annual Box Volumes

Saudi Arabia’s King Abdullah Port recorded an 8% increase in its annual container throughput, which amounted ...

read more →

Drewry: Benchmarking Grows in Ocean Transport

International transport and logistics executives are increasingly benchmarking their companies’ costs and supplier ...

read more →

Physical Suppliers to Reap Rewards in Smaller Ports

Physical suppliers should move away from fuel supply in the major bunkering hubs, and instead focus on smaller ...

read more →

Alphaliner: Number of Large-Scale Carriers Shrinks

The harsh conditions in the container shipping market during the 2016 have led to a drop of large-scale ...

read more →

Crew Kidnappings Reach Decade High in 2016

More crew were kidnapped at sea in 2016 than in any of the previous 10 years, despite global piracy reaching its ...

read more →

Infographic: Top 10 Shipowning Nations

The shipping industry sailed through difficult times during 2016, and today we take a look at how these conditions ...

read more →

Maersk Line Expands Foothold in Iran

Danish container shipping company Maersk Line has added Iranian Port of Bushehr to its services, expanding its ...

read more →

GulfNav Forms New Maritime Services Partnership

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has established a strategic partnership with ...

read more →

Shipping to Find Ways to Survive Downturn

The shipping industry is expected to use a mixture of experience and innovation to navigate what is likely to be ...

read more →

Alphaliner: Fresh Hopes for Recovery in Container Shipping

Although the container shipping market remains fundamentally imbalanced, the new year brings with it fresh hopes ...

read more →

Recovery of Multipurpose Shipping Rates in Sight

The multipurpose shipping market is expected to see the first signs of recovery by the end of 2017, following in ...

read more →

IMO's New Code for Ships Using Gases Enters into Force

A new mandatory code for ships using gases or other low-flashpoint fuels has entered into force on January 1, 2017, ...

read more →

MSC Containership Hinders Traffic in Suez Canal

The 165,960 dwt containership MSC Clorinda is hindering traffic in the Suez Canal as the vessel stopped in the ...

read more →

Container Fleet Market to Grow by 3.19 Pct over Five Years

The global container fleet market is expected to grow at a compound annual growth rate (CAGR) of 3.19% during the ...

read more →

BIMCO: Shipping Industry Faces Choppy Waters

The shipping industry has its work cut out going forward in 2017 as the period will see another year of die-hard ...

read more →

Container Shipping Industry Sailing in Uncharted Waters

The latest phase of mass consolidation continues to see the container shipping industry sailing in uncharted waters ...

read more →