The cruise ship fleet is set to grow by 50 percent in the following ten years as cruise liners are expected to resume their ordering spree especially for the mega...
CLICK TO ENLARGE Almost three-quarters of cargo ships with a gross tonnage of over 20,000 tons are already compliant with the SOLAS-mandated Electronic Chart Display and Information System (ECDIS) deadline...
The Port of Virginia has completed fiscal year 2017 with a record-setting 2.7 million TEUs, as it delivered the fourth consecutive fiscal year of volume growth. The volumes represent an...
Houston-based classification society ABS granted Approval in Principle (AIP) for a new MOSS-type LNG tank design concept developed by Japan’s Kawasaki Heavy Industries (KHI). According to KHI, the non-spherical design...
Just three weeks after inaugurating its new berth, support areas and new cranes, Terminal Portuario Guayaquil (TPG) broke records by receiving the 11,000 TEU CMA CGM Rodolphe, the largest vessel...
Shipowners are actively looking for more bargains in the newbuilding markets ahead of the summer lull. In its latest weekly report, shipbroker Allied Shipbroking noted that “activity has continued to...
Over the last decades, the global shipping industry has been one of the major factors of the globalization process. At the same time, the shipping industry is itself being transformed...
Almost three-quarters of cargo ships over 20,000 gross tonnage are already compliant with the SOLAS-mandated Electronic Chart Display and Information System (ECDIS) deadline of 1st July 2017, according to the...
Greece could return to financial markets in the next few weeks, investors and bankers close to the discussions told Reuters, raising private cash that would mark an important step towards...
A reduction in trade between Britain and the European Union would harm both economies and causes prices to rise, Bank of England Deputy Governor Ben Broadbent said on Tuesday, without...
India’s consumer inflation is expected to have slowed to a record-low in June, pressured by a sharp drop in food and oil prices, a Reuters poll showed, a result that...
The transatlantic trade deal U.S. President Donald Trump is offering U.K. Prime Minister Theresa May will ultimately prove easy to promise and hard to deliver. That’s the warning of business...