Shipping a Moving Target for Cyber Threats

Lars Lange, IUMI Secretary-General, speaks of numerous challenges related to cyber risk insurance

EU Member States Okay Revised EU Emissions Trading System

The revision of the EU emissions trading system, set to help reduce greenhouse gas emissions, has received an ...

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Asia-West Africa Trade on Recovery Path

The outlook for the Asia-West Africa trade is improving, but there is much ground still to recover, shipping ...

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Weak Tanker Rates Put More Pressure on Frontline

John Fredriksen-controlled tanker owner and operator Frontline ended the third quarter of 2017 in loss due to weak ...

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Ferguson Marine Splashes New LNG-Fuelled Ferry

UK-based Ferguson Marine Engineering Limited (FMEL) launched the first LNG-fuelled ferry designed and constructed ...

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Navios Holdings Delivers Loss, Closes USD 305 Mn Offering

Although its revenues increased during the third quarter of 2017, Greek shipping firm Navios Maritime Holdings ...

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MPC Container Ships Eyes Funds for More Boxships

Oslo-based containership owner MPC Container Ships is looking to raise up to USD 200 million through a private ...

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DSME Delivers LNG Carrier Duo for Yamal Project

South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering delivered two Arctic LNG carriers, ...

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Clarksons: Containership Orderbook in Decline

The global containership orderbook stood at 368 vessels of a combined 2.8 million TEU as of the start of November, ...

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APM Terminals Quetzal Open for Business

Container terminal operator APM Terminals inaugurated its new terminal Quetzal in Guatemala on November 21. APM ...

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Cyber Liability Hampers Unmanned Ship Implementation

Uncertainty surrounding liability issues relating to unmanned ships and incidents as a result of a cyber-attack are ...

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DryShips Widens Loss

Greek ship owner DryShips has plunged further into the red as its net and operating losses increased during the ...

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Global Container Volumes Grow by 7.7% in Third Quarter

Port volumes recorded a 7.7% rise in aggregate throughput in the quarter ended September 30, growing at their ...

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OOCL Adds Fifth G Class Boxship to Its Fleet

Hong Kong-based container shipping company OOCL has introduced another ambassador of world trade, the OOCL ...

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Hapag-Lloyd Names Its New Neopanamax Boxship

German shipping giant Hapag-Lloyd officially named its Neopanamax containership Santos Express in Brazil on ...

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Carriers More Reliable in October 2017

Carriers’ overall on-time schedule reliability increased by 3.3%, from 64.3% in September 2017 to 67.6% in October ...

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Liberia Scores a Win for Shipping in Brazilian Court

The Liberian Registry, in co-operation with the International Chamber of Shipping (ICS), has assisted the holder of ...

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Celebrity Cruises Presents New Expedition Cruise Ship

Celebrity Cruises, a part of the Miami-based Royal Caribbean Cruises, has unveiled its latest expedition cruise ...

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ZIM Brining Blockchain Technology into Shipping

Israeli shipping company Zim Integrated Shipping Services (ZIM) has wrapped up the first pilot of paperless ...

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SeaIntel: Carriers Deliver Marginal Financial Recovery in Q3

Although the third quarter of 2017 financially saw a significant improvement over the same quarter of 2016, the ...

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Philly Shipyard Delivers 4th Tanker to APT

American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, has taken delivery of the fourth and final 50,000 ...

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Flex LNG Secures USD 315 Mn to Finance Newbuildings

Oslo-listed ship owner and operator Flex LNG has reached an agreement on a loan facility to finance three of its ...

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US Navy Ship Scraped in Collision with Japanese Tug

US Navy’s guided-missile destroyer USS Benfold suffered minimal damage after it collided with a tugboat off ...

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ICS: Shipping Needs to Be Economically Sustainable

The shipping industry could only be environmentally sustainable if it is economically sustainable as well, the ...

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Golden Ocean Returns to Profit

Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) returned to profit in the third quarter of ...

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Ship Operating Costs Stabilise in 2017

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners ...

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Trafigura Confirms Plans for Pakistan's Second LNG Terminal

Commodity trading and logistics company Trafigura has confirmed plans to develop a second LNG import terminal ...

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INEOS: World’s Largest VLEC to Carry US Ethane to China

UK’s chemicals company INEOS has signed a long-term supply deal to deliver ethane from US shale gas to China, ...

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