MISC Berhad, a subsidiary of Petronas, has marked the start of the floating, storage and offloading (FSO) Benchamas 2 conversion project with the arrival of the donor vessel at MMHE...
It seems that the trend set in 2016, when newbuilding orders hit a multi-year low is going to spill over to 2017 as well, with the majority of ship owners...
Good morning, distinguished delegates, It is a pleasure for me to welcome you to the fourth session of the Sub-Committee on Pollution Prevention and Response. I particularly welcome those delegates...
Chinese President Xi Jinping delivered a robust defence of globalization to business, government and civil society leaders in the opening plenary session of the 47th World Economic Forum Annual Meeting....
The Swedish Dockworkers’ Union (SDU), which includes 85% of the dockworkers at the Gothenburg terminal, plans to organize a new strike at APM Terminals Gothenburg on January 24, 2017, “after being...
Nasdaq-listed owner and operator of drybulk and container carrier vessels Euroseas has taken delivery of a bulker newbuilding from Dayang shipyard in China. The newbuilding Hull DY 160, to be renamed...
French container shipping major CMA CGM has upgraded its SEAS1 and SEAS2 services, now providing two departures per week between Asia and the East Coast of South America. Starting from...
DP World Saint John has begun operating a multi-purpose container, bulk, and breakbulk terminal at Saint John, New Brunswick, Canada. Saint John is said to be ideally positioned to serve...
China’s Winning Shipping has purchased two Capesize bulk carriers from South Korea’s shipping company Dong-A Tanker (DAT), according to data provided by VesselsValue. The vessels in question are the 179,600 dwt...
Higher than initially anticipated tanker newbuildings’ slippage during 2016 doesn’t bode well for the freight market’s fortunes during 2017. In its latest weekly report, shipbroker Gibson noted that “newbuilding delays...
The surge in spot earnings at the end of 2016 was welcome, but MSI warns not to rely on a continuation of this short term strength London, January 16, 2017....
Sitting in International Registries, Inc.’s (IRI’s) London office in front of shelf upon shelf of maritime conventions, codes, guides, circulars, and advisory notes, Regulatory Manager Rob Lomas has a big...