Global ship demolition activity rose by 16 percent in the first nine months of 2016 in comparison to the same period of 2015, showcasing shipping industry action to counter the imbalance between supply and demand in the market, according to BIMCO…
Other container shipping firms may join Hanjin Shipping Co Ltd in receivership before the industry emerges from its current shakeout, the vice chairman of world number three player CMA CGM said on Wednesday.South Korea's Hanjin filed for protection from creditors in late August…
Rickmers-Linie’s mv RICKMERS TOKYO is now the record holder for the largest single shipment of transformers from the port of Rijeka, Croatia. The vessel took over a total of 15 transformers weighing between 56 and 142 tonnes in mid-September…
Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry.Denmark's A…
Indian private-sector power utility Torrent Power is seeking 38 cargoes of liquefied natural gas (LNG) for delivery over four years beginning April 2017, in what is likely to be the firm's first import tender. The firm is seeking offers…
Oman Ship Management Company (OSC) hosted a high-level conference in Mumbai for senior officers following a rapid rise in crew numbers. The ‘Seafarers’ Safety Conference’ was a platform for Oman Shipping Company’s subsidiary Oman Ship Management…
South Carolina Ports Authority reported year-over-year growth during the first quarter of its 2017 fiscal year. SCPA handled 162,858 twenty-foot equivalent units (TEUs) in September. First quarter TEU volumes were up 1.4 percent over the same period last year…
Nakilat Shipping Qatar Limited (NSQL) signed an agreement with Shell International Trading and Shipping Company Limited (Shell) to begin the planned phased transition of the management of Nakilat’s LNG fleet from Shell to NSQL. Shell has…
Having already secured the contract in early summer to fit 15 Vard design 9 21 module carriers, propulsion specialist SCHOTTEL has now also received a follow-up order to fit three further Vard design 9 28 vessels with 12 main and auxiliary units…
The Chesapeake Bay Maritime Museum has recently welcomed Michael Rogers of Trappe, Md. as a shipwright, along with three professional shipwright apprentices to work on the 2016-2018 log-hull restoration of the historic 1889 bugeye Edna E. Lockwood…
Shipmanagement company, Bernhard Schulte Shipmanagement (BSM) has announced the appointment of two new Managing Directors: Neil McNeil will head BSM British Isles based in the Isle of Man, and Mingfa Liu will be his BSM China counterpart in Shanghai…
GAC Bunker Fuels (GBFL), the GAC Group’s bunker trading and brokerage arm, has entered a strategic partnership with REV LNG and REV LNG Marine to deliver LNG bunkering services to ship owners and operators trading in North America. The…
Silver Green AS, owned 50% by Samskip, is changing its name to Silver Sea AS to mark the finalization of a series of ownership changes. The new name reflects a consolidation by Samskip of its position in the reefer vessel segment, including…
This year’s cruise shipping season ended in Kiel on Saturday (October 8th) with a call by the “AIDAvita”. Overall, the port of Kiel was visited 147 times this year by 26 different cruise ships of more than 9.3 million GT, compared to 133 cruise ship visits in 2015…
Market conditions dampen some future prospects, but domestic yards have proven that they can compete overseas, and will do so again when the time is right. These are ‘interesting’ times for U.S. shipbuilders. The tail end of one of the…