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International Economy Loses USD 12 Billion Annually Due ...

The international economy suffers losses amounting to 12 billion US dollars annually due to piracy at sea, an ...

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Russian Warship Severomorsk Ends Anti-Piracy Mission in ...

A Russian task force from the Northern Fleet led by the destroyer Severomorsk has concluded its anti-piracy mission ...

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International Chamber of Shipping Urges Shipowners to ...

The Board of Directors of the International Chamber of Shipping (ICS), whose member national shipowners’ ...

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NSCSA Exercises Option to Build Two RoCon Vessels with ...

The National Shipping Company of Saudi Arabia (NSCSA) announced on Monday, the 12th September, 2011 that it ...

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Wood Mackenzie Says Speculative LNG Tanker Orders Face ...

Energy research consultancy Wood Mackenzie Tuesday warned about the possibility of a declining freight market with ...

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LNG as Alternative Fuel on Middle East Workboats 2011 Agenda

The future of LNG as a viable and sustainable alternative marine fuel for working vessels is one of the most ...

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Ports Sector in Oman Continues to Grow

Oman’s ports sector continues to grow on the back of an energetic, ongoing programme aimed at modernising and ...

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Iran: ISOICO Launches Third Home-made Oceangoing ...

Iran’s third home-made oceangoing ship named ‘Iran Kashan’ launched in the southern waters of the ...

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Global Shipping Industry Calls for UN Armed Force ...

The global shipping industry (represented by the Round Table of international shipping associations) has called for ...

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Norway-Based Nordic Maritime Services AS Announces ...

Nordic Maritime Services announced the successful delivery of MT Amal on the 15th of June & MT Namsa on the 4th ...

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Fearnleys Says LNG Tanker Rents Exceed USD 100,000

The cost of hiring liquefied natural gas carriers on year-long charters exceeded $100,000 a day for the first time ...

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Call for End of Unsustainable Deep-Sea Fishing

  A team of leading marine scientists from around the world is recommending an end to most commercial fishing in ...

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LNG Tanker Insurance Rates Going Up

The cost of insuring liquefied natural gas (LNG) tankers has risen as naval containment of piracy fails and surging ...

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Completion of Pakistan Deep Water Container Port ...

  Pakistan Deep Water Container Port project is expected to be completed by the end of 2013 or early 2014, ...

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IMO’s New Emission Norms to Hurt Shipping Companies

  Indian shipping companies, reeling under low freight rates and high fuel prices, will face further cost ...

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Somali Pirate Attacks in Indian Ocean Decreased

The number of successful piracy attacks on ships off the coast of Somalia and the Gulf of Aden has decreased this ...

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Two Sattahip-Based Naval Vessels Rescue Thai Cargo Ship

Two Sattahip-based naval vessels on an anti-piracy mission off Somalia rescued a Thai cargo ship from being ...

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Global Oil Tanker Fleet Expands Faster Than Demand

The global oil tanker fleet will expand almost three times more quickly than demand this year, according to ...

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Containership Orders Increases

Containership orders are increasing at a dramatic rate, analysis from Braemar’s Seascope’s research division has ...

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Westshore Shipbrokers: A Closer Look at Vessel ...

  Offshore vessel market has been one area of the business that has had little to do with vessel scrapping. It ...

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USA: GT Nexus Takes Action to Support Maersk ...

  The GT Nexus Shipper Council, a customer community of the world’s biggest importers and exporters, ...

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Germany: GL Exchange Forum Assesses IMO Emissions Measures

  The subject of Carbon Dioxide dominates the future of many industries today. Whether it be the Shipping, ...

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Navy Rotates Warships in Gulf of Aden

  The Russian large anti-submarine ship Admiral Panteleyev of the Pacific Fleet is on its way to the Gulf of ...

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Drewry Sees Increasing Vessel Operating Costs

DREWRY’s latest annual report predicts big increases in vessel operating costs with oil prices remaining high, ...

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Iran: 84 Marine and Port Projects Will Become ...

  About 84 marine and port projects, implemented at a cost of 2.7 trillion rials ($270 million), will become ...

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Oman Drydock Company to Add Panamax-Size Floating Dock ...

Oman Drydock Company (ODC) has finalised plans for the addition of a floating dock to its world-class ship repair ...

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Somali Pirates Free Hijacked Greek Oil Tanker

Somali pirates on Friday freed a Greek-operated oil products tanker and its crew after holding them hostage for ...

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