It Took Us 2 Years to Be Taken Seriously

xChange representatives reveal challenges faced during launching of their startup and plans ahead.

Consolidation between Top Tier Carriers Unlikely

CMA CGM

Drewry: The consolidation between top tier carriers is unlikely due to competition laws.

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FLNG Capex to Exceed USD 50 Bn in Next Five Years

Westwood: FLNG Capex is projected to total USD 52.8 billion over the 2019-2024 period.

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17 Seafarers Left in Limbo on Kish Island, Iran

Seafarer

17 seafarers left high and dry on Kish Island, Iran.

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94 Large Ships Lost in 2017, Friday Most Dangerous to Sail

Shipwreck

There were 94 total losses reported around the shipping world in 2017.

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IMO Comes to Grips with Sulphur Cap Implementation Issues

IMO working group has made some headway on the sulphur testing and verification issues.

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Drewry: Ascent of the Charter Market Is Over

MSC Containership

The rapid growth of charter rates in the container shipping market is likely to be over.

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Okeanis Tanker Scrapes Bottom in Suez Canal

Tanker

The 2018-built tanker Kimolos suffered hull damage after scraping the bottom in the Suez Canal.

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Readers' Picks of the Week

Here are the most read stories from the previous week.

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DP World: Doraleh Terminal Concession Is Still in Force

DP World stresses again that its concession agreement for the Doraleh Container Terminal (DTC) remains in force.

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Nakilat Sees Higher First-Half Profit

Qatar-based shipping company Nakilat reported a 9 percent profit increase for the first half of this year. 

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NOC Lifts Force Majeure at Libya's Four Ports

Tank

National Oil Corporation is lifting force majeure at Libya's ports of Ras Lanuf, Es Sider, Hariga and Zuetina.

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CMA CGM Pulls Out of Iran due to U.S. Sanctions

CMA CGM vessel

CMA CGM is exiting Iran after the Trump administration imposed sanctions on companies operating in the country.

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June – a Month of Interviews

Posidonia

WMN breaks monthly interview record in June.

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Force Majeure Declared at Hariga and Zuetina Ports

NOC declared force majeure on crude oil loading at Hariga and Zuetina oil terminals.

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ICS Clamps Down on Efficiency Indexing of Individual Ships

Container shipping general

ICS voiced its fierce opposition to the concept of mandatory operational efficiency indexing of individual ships.

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Shippers More Dissatisfied with Carriers' Service Quality

Container ships

The level of customers' satisfaction with the service quality of container lines is down.

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Day of the Seafarer: Mental Wellbeing in Focus

Today, once again, marks the IMO Day of the Seafarer, focused this year on seafarer wellbeing. 

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Readers' Picks of the Week

Here are the most read stories of the past week.

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EU Looking Into Qatar Petroleum's Long-Term LNG Deals

EU

European Commission is investigating long-term LNG supply deals between Qatar Petroleum and European importers.

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Sand: 2018 a Loss-Making Year for Crude Oil Tankers

Peter Sand

BIMCO's Chief Analyst Peter Sand reveals what lies ahead for the tanker and dry bulk markets.

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Ukraine New on Paris MoU Black List

The Paris MoU Committee adopts new performance lists for flags, moving Ukraine to the Black List.

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Two Oil Tanks Destroyed at Ras Lanuf Port in Libya

Libya's Ras Lanuf terminal lost two crude oil tanks due to armed attacks in the oil crescent region.

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Interview with Oman Drydock's New CEO

Oman Drydock's new CEO reveals growth plans to World Maritime News at Posidonia.

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CMHI Lays Keel for SunStone Ships' Expedition Cruise Vessel

CMHI held a keel laying ceremony for a new expedition cruise vessel for SunStone Ships on June 12.

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Nakilat, Excelerate Energy Sign Deal on FSRU Joint Venture

Nakilat signs deal with Excelerate Energy to form a JV company and acquire a 55% interest in an FSRU.

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DP World Becomes Part of World Ocean Council

DP World has become the first company in its sector to join the World Ocean Council (WOC).

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UN WFP Supply Ship Attacked off Hodeidah

A vessel operating as part of the UN's World Food Programme has been attacked in the Southern Red Sea.

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