Carriers Adapt to Oversupplied Market

In an oversupplied market carriers have proved to be fairly adept in manoeuvring capacity around, creating fertile …

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Liberian-Flagged Ships 1st to Feature ClassNK e-Certificate

The world’s first comprehensive electronic certificate service for classification and statutory certificates, …

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Clarksons: Greece Owns the World’s Largest Fleet

With the latest turn of the tide, Greek owners have placed themselves at the top with 210.1 millon gross tons, …

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Three More States Accede to BWM Treaty

Three more states have become party to the International Maritime Organization’s (IMO) Ballast Water …

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Adani Ports Starts Berth Construction at Vizhinjam Port

Adani Ports and Special Economic Zone (APSEZ), a port developer and part of the Adani Group, has begun the …

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Oversupply of Ships: Industry Should Sort Out Itself

The oversupply of tonnage in the shipping industry should be left to sort out itself, it was concluded at a panel …

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AET Tankers Christens LR2 Duo

Petroleum and chemical tanker owner AET Tankers has held a double naming ceremony of two long-range (LR2) petroleum …

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Hyundai Samho Attracts USD 356 Mn of Investment

South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) has collected KRW 400 billion (USD 356 million) of …

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Myanmar Orders Eight Cranes for Its New Port

Japan’s Mitsui Engineering & Shipbuilding (MES) has secured a contract to supply eight container handling …

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Spotted: Rickmers Tokyo Loads Cargo for Lotte’s MEG Plant

In today’s spotted, we bring you an image of Rickmers Tokyo, a general cargo vessel which recently loaded …

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UN Asks Countries to Apply Tighter Marine Pollution Controls

The UN has urged governments to implement tighter marine pollution controls or risk further degradation of the …

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Polaris Shipping Orders Bulker Trio at HHI

South Korean Polaris Shipping Co. has reportedly ordered three very large iron ore carriers at compatriot …

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COSCO Shipping Shuts Down Another Dormant Business

COSCO Shipping International (Singapore) has decided to formally dismiss of Cos Lucky Shipping Maritime, one of the …

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Shipowners Support EU-China in Global Climate Deal

After the United States backed out of the Paris Climate Agreement, shipowners have encouraged the EU and China …

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MPA Singapore Aims to Develop Innovation in Maritime Sector

The Maritime and Port Authority of Singapore (MPA) is offering new opportunities for start-ups in the maritime …

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Product Tanker Sector: The Safest Bet Are MRs

Medium ranged product tankers (MRs) are definitely the workhorses of the product tanker shipping industry, being …

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Kyklades Maritime Books Five Aframaxes at Sungdong

Greek tanker owner Kyklades Maritime Corporation has ordered five 115, 000 dwt Aframax tankers at South Korean …

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Ports of Antwerp, Caofeidian Bolster Ties

On June 2, Belgium’s Antwerp Port Authority signed a memorandum of understanding (MOU) with the Port of …

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Courage Marine Keeps Final Vessel

Hong Kong-based owner and operator Courage Marine Group will not dispose of its final vessel as it could not reach …

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CCS, Shanghai Waigaoqiao Enter Strategic Cooperation

China Classification Society (CCS) and Shanghai Waigaoqiao Shipbuilding (SWS) have signed strategic cooperation …

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2017 Budget to Hit Pakistan, Bangladesh Scrapping Sectors

Ship-recycling sectors in Pakistan and Bangladesh have witnessed a decrease in LDT price after the respective …

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Polaris Shipping Adds New Capesize to Its Fleet

South Korean shipowner Polaris Shipping has opted to expand its fleet as it reached an agreement to purchase a …

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SHI Inks LOI with SeaOne Caribbean to Build 12 AT/Bs

South Korean shipbuilder Samsung Heavy Industries (SHI) has signed a letter of intent (LOI) with SeaOne Caribbean, …

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ST Marine’s Former Employee Sentenced

The former Group Financial Controller and Senior Vice President (Finance) of Singapore-based ST Marine was …

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HMM’s Asia-US Volumes Surge by 67%

South Korean shipping company Hyundai Merchant Marine (HMM) has seen a 67% year-on-year rise in its Asia-US volume …

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New OPEC Cuts to Extend VLCC Woes

The very large crude carrier (VLCC) market could experience a downturn, which is likely to accelerate in the short …

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Westports’ Volumes Drop due to Alliances Reshuffle

Malaysian port operator Westports Holdings Berhad has recorded a lower container volume than previously expected …

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