2018 a Loss-Making Year for Crude Oil Tankers

Peter Sand

BIMCO's Chief Analyst reveals what lies ahead for tanker, dry bulk markets.

Navantia Plans to Sign Contract on Additional Patrol ...

  Spanish shipbuilding company Navantia plans to sign a contract on additional patrol ships for Venezuelan ...

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LNG Tanker Rasheeda Scheduled at UK South Hook September 15

The Rasheeda LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal ...

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Indian Ministry of Shipping Unveils Plan for Ports ...

  The Indian Ministry of Shipping unveiled plans to triple its exports of merchandise by March 2017… ...

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Irish Shipping Industry to Play Significant Role in ...

  Development of Shipping and Ports Facilities will play significant role in supporting growth of ocean energy ...

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Indian Government Earmarks Funds for Setting Up New Ports

The government has envisaged an investment of more than Rs 22,000 crore for setting up nine new major ports in the ...

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First Europe-based Assessment of Container Freight ...

The World Container Index, the first Europe-based assessment of container freight rates, has gone live on schedule ...

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China: Yuexin Shipyard Holds Keel-Laying Ceremony for ...

On Sep. 3, 2011, the keel-laying ceremony of Yuexin’s 58.7m AHTS Vessel YX3157 built for MARTENS MARINE Company was ...

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Europe-U.S. Tanker Glut Expands as Gasoline Demand Declines

A surplus of available tankers for shipping gasoline to the U.S. from northwestern Europe expanded for the third ...

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DNV Opens New Office in Jiangsu Province, China

  DNV has opened a new office in Jiangyin, Jiangsu Province. This new development strengthens DNV’s continuous ...

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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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Russia, France to Sign Contracts for Construction of ...

Russia and France will sign contracts for construction of third and fourth Mistral-class assault landing ships for ...

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Canada Steamship Lines Doubles New Vessel Order

  Canada Steamship Lines (CSL) announced today it is exercising its option for the building of two new ...

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The Netherlands: Imtech Scores Increase in Number of ...

Imtech (technical services provider in Europe and on the global marine market) is observing a substantial increase ...

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USA: Bollinger Shipyard to Build New Coast Guard Cutters

  The same Lockport shipbuilding company that was accused in a federal lawsuit last month of falsifying data ...

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U.S. and European Union to Strengthen Cooperation to ...

  NOAA Administrator Dr. Jane Lubchenco and Maria Damanaki, European Union commissioner for maritime affairs ...

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USA: Wison Floating Systems Changes Name into Wison ...

Shanghai-based Wison Offshore & Marine (Hong Kong) Ltd., announced recently the re-naming of its wholly-owned ...

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South Korea: Songa Offshore Orders Two Rigs from DSME

  South Korea’s Daewoo Shibuilding & Marine Engineering said on Wednesday that it had won an $1.1 billion ...

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Norwegian Cruise Line Gets ‘Europe’s Leading ...

Norwegian Cruise Line has been named “Europe’s Leading Cruise Line” by the World Travel Awards for the fourth ...

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Coastline Surveys Break CPT Depth Record on Cable ...

  UK based Coastline Surveys Limited, were contracted by Calegeo, a trading division of Calecore Ltd, for a ...

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The Netherlands: Voith and DOI Increase Stability of ...

In cooperation with Voith, Dutch Offshore Innovators BV, (DOI) developed together a new concept for economical ...

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Norwegian Prime Minister Visits Seven Havila DSV

  Recently Prime Minister Jens Stoltenberg visited the Havila-ship Seven Havila from Herøy while the ship was ...

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Norway: Bourbon Offshore Takes Delivery of Ulstein ...

  Bourbon Front, the first of four platform supply vessels of the PX105 design from ULSTEIN built at Zhejiang ...

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Singapore: Sembawang Basin Dredging Begins September 18

  Maritime and Port Authority of Singapore has announced details of dredging works in Sembawang Basin.  ...

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SNIEC Hosts Asia’s Largest Maritime Event, Marintec ...

  The most representative maritime event in Asia, Marintec China 2011, will be held from 29 November to 2 ...

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UK: BP Awards Quad 204 Redevelopment Project Deal to ...

  Wood Group Kenny has been appointed by BP to provide engineering design and project management services for ...

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Belgium: Ports of Liege and Antwerp Expand Collaboration

  The ports of Liège and Antwerp have decided to collaborate more closely with each other. Since 2006 the two ...

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South Africa: Authorities Sink Phoenix After Failed ...

  At 9.50AM yesterday the ill-fated vessel Phoenix, which ran aground near Durban, took its final bow about ...

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