NYSHEX CEO: Digitization Is the New Normal

CEO of New York Shipping Exchange speaks about progress made so far and future plans.

India, Iran Ink Short-Term Lease for Part of Chabahar Port

India has signed a short-term lease with Iran to operate Shahid Beheshti Port, part of Chabahar Port.

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PIL, PSA, IBM Conclude Blockchain Trial

PIL, PSA and IBM Singapore perform a blockchain-based supply chain platform trial.

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ITF, Maritime Employers Agree on Wage Increase for Seafarers

ITF sealed today a new framework agreement for seafarers with the Joint Negotiating Group.

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Pioneer Marine Cuts Full-Year Loss

Pioneer Marine has concluded another year in the red, but reduced loss year-on-year.

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NYK Develops Tool to Detect Ship Engine Malfunctions

Nippon Yusen Kabushiki Kaisha develops a tool that collects and visualizes the sound of an engine.

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World's First LNG-Fueled Bulker Delivered in South Korea

South Korea's Ilshin Logistics has taken delivery of Ilshin Green Iris, the world's first LNG-fueled bulk carrier.

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Development of Tuas Terminal Phase II Moves Forward

A consortium of three companies has won a contract for the port development project Tuas Terminal Phase II in Singapore.

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Brokers: Hyundai On a Roll

Hyundai Heavy Industries Group's affiliates wrap up a busy week with ten newbuilding orders in the bag.

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Boxship Ordering Lull Is Over

Containership owners have broken the ordering silence.

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BP Pinpoints to Further Diversification of Energy Mix

BP expects the global energy mix to reach the most diverse point the world has ever seen by 2040.

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OOCL Extends Charter with GSL at Lower Rate

OOCL hires Global Ship Lease's OOCL Qingdao for another year at a rate of USD 14,000 per day.

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Spotted: CMA CGM Newbuild Makes Maiden Call at Busan Port

Busan New Port BNCT Terminal welcomed on February 6 the 20,600 TEU CMA CGM Antoine de Saint Exupery.

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Top Ten Carriers Control Almost 90 Pct of Deep Sea Market

More than 87 pct of the global fleet capacity is controlled by only ten out of 67 shipping lines.

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NGO: Greek, German Owners Top South Asian Scrapping List

Greek and German shipowners top the list of countries which sent the most end-of-life ships to South Asia.

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Korea Grants Further Class Approval for Drone Inspections

KRS granted a further class approval for the use of drones in inspections of enclosed spaces aboard ships.

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Great Eastern Bets on VLCC Scrapping to Ease Tanker Woes

The only light at the end of the tunnel for large tankers seems to be scrapping.

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Korea Line Pens USD 608 Mn Deal with Vale

Korea Line Corporation pens iron ore transport deal with Brazilian miner Vale.

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OceanGold Tankers Linked to Four New Orders

OceanGold Tankers has reportedly ordered up to four new vessels at two South Korean yards.

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Maersk Line Books 15,000 TEU Boxship Duo at HHI

Maersk Line has exercised an option for the construction of two 15, 200 TEU containerships at Hyundai Heavy Industries.

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India Inaugurates Its Largest Container Terminal

JNPT's Fourth Container Terminal has been inaugurated following the completion of the first construction phase.

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Crew Splashed Boiled Water on Pirates to Thwart Attack

The crew of M/V Kudos 1 managed to repel a pirate attack by using boiled water.

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Asia-Med Trade to Be among Better Performers in 2018

Despite a slump at the end of 2017, Asia to Med trade will be one of the better performers in 2018.

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Readers' Picks of the Week

Check out the most read stories from last week.

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CoscoSSC Becomes World's Largest Multipurpose Operator

China's Cosco Shipping Specialized Carriers has become the world's largest multipurpose operator by deadweight.

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NYK, Partners Test Next-Generation Onboard IoT Platform

Nippon Yusen Kabushiki Kaisha and its partners conduct a proof-of-concept experiment for a next-generation onboard ...

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Clarksons: Bulk Carrier Deliveries to Keep Shrinking

Clarksons: Deliveries in the bulk carrier sector are set to continue on a downward trend in the next few years.

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Video: Wreck Removal of TS Taipei

Watch a video of TS Taipei wreck removal offshore Shimen in the north of Taiwan.

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