Swiss-based commodity trading house Gunvor opened this month a new trading office in Shanghai dedicated to Chinese domestic business, the company on Tuesday, as it aims to expand its presence in Asia.Gunvor China Trading Ltd, set up in the Shanghai Free Trade Zone…
The Japanese government has expressed its concerns to China via diplomatic channels over the seizure of a Mitsui O.S.K. Line Ltd ship by a Chinese court in connection with a case over wartime claims, Kyodo news agency reported on Monday.A…
The Great lakes St. Lawrence Seaway System today issued notices number nine and 10 regarding maximum allowable drafts in the Montreal section in Lake Ontario and revocation of certain transit restrictions.Seaway notice 9 addresses maximum allowable drafts in Lake Ontario’s Montreal section…
Australia's Padbury Mining Ltd said it had secured almost $6.5 billion in funding to build a new deepwater port and railway at Oakajee in Western Australia, potentially opening a new export hub for the region's iron ore riches. Plans for…
Ice, reportedly more than 4 feet thick in places, effectively stalled the resumption of the coal trade on the Great Lakes in March, the Lake Carriers’ Association said. Only three coal cargos were loaded: one on Lake Superior, one on Lake Michigan and one on Lake Erie…
Overview of Hamburg Süd growthGrowth in the global economy and containerized transportation by sea in 2013 was slightly below the level of the previous year. Once again, available global slot capacity outpaced container transport volume as deliveries continue to exceed the level of scrappage…
Spyros Capralos, President & Chief Executive Officer of Star Bulk Carriers Corp., global shipping company focusing on the transportation of dry bulk cargos, was recently interviewed by Barry Parker of BDP1 Consulting. Parker, a frequent contributor to Maritime Professional…
The operator of a coaster ship which grounded in an environmentally sensitive area off the Northumberland coast has been ordered to pay nearly £73,000 in fines and costs after its crew failed to keep a proper lookout. On the evening of March 15…
Today, United States Steel Corporation President and CEO Mario Longhi joined fellow steel industry executives and Leo Gerard, international president of the United Steelworkers, in pressing Congress to maintain America’s economic and national…
IACS member classification society the Korean Register (KR) informs of the release of SeaTrust-HullScan, its ground-breaking software solution to analyze and appraise a vessel’s hull structure in accordance with the new harmonized common structural rules (CSR-H)…
Hong Kong company Shagang Shipping has successfully obtained an order for the arrest of the HNA Group controlled vessel 'MV Bulk Peace' from the Western Australia District Registry. The move is part of a long-running legal campaign seeking payment of USD 66…
OW Bunker, a physical distributor and reseller of marine fuels, announced the launch of a physical distribution operation in Australia. The move is part of OW Bunker’s strategy to further expand the company’s global physical distribution presence in key locations for customers…
Mutual insurers Steamship Insurance Management advises that a new iron ore fines (IOF) Schedule to the International Maritime Solid Bulk Cargoes (IMSBC) Code governing the carriage of IOF by sea, and an amended iron ore Schedule, are being given…
Shipping losses decline, but emerging risks pose serious challenges to marine industry, according to Allianz study. 94 large ships lost worldwide in 2013, down 20% from last year. Total ship losses in continental U.S. hits all time low…
A new study by Lloyds Register and University College, London, discusses the prospects of marine fuels in 'Global Marine Fuel Trends 2030', giving insights into future fuel demand for the containership, bulk carrier/general cargo and tanker…
