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Overcapacity Catches Box Ship Industry in Undertow

Mar 01, 2016

All signs point to a continuation of struggling theme for containerized-ocean-freight industry  into 2016 and beyond, warns a study by AlixPartners. The containerized-ocean-freight industry suffered in 2015. Its continuing financial woes…

RSGT Mulls Expansion, Celebrates the Arrival of Al-Nefud

Mar 01, 2016

United Arab Shipping Company (UASC) and Red Sea Gateway Terminal (RSGT) celebrated the world’s greenest ultra-large container vessel 18,800TEU M.V. Al Nefud during its maiden call to RSGT at Jeddah Islamic Port. Nefud is one of the class…

BIMCO: Recommended Amendments To Bunker Contracts

Mar 01, 2016

As widely reported in the maritime press, the United Kingdom's Supreme Court has granted an expedited hearing to Product Shipping & Trading's case against the collapsed OW Bunker (the Res Cogitans).  The hearing will take place on 22 March…

MEOPAR, Irving Shipbuilding Support Ocean Research

Feb 29, 2016

The Marine Environmental Observation Prediction and Response (MEOPAR) network and Irving Shipbuilding Inc. have partnered to award $1.8 million in support of nine new ocean research projects that align with MEOPAR’s aim to strengthen Canada’s ability to anticipate and respond to marine risk…

Women Are Moving up in the Maritime Industry

Feb 29, 2016

Historically, women have played only a minor role in shipping, shipbuilding and related areas up to the present, but decision makers in the industry are now beginning to recognize their potential in view of the current shortage of skilled people…

North P&I Club Boost Loss Prevention Team in Asia Pacific

Feb 29, 2016

North P&I Club has boosted its loss-prevention presence in the Asia Pacific. Loss prevention executive George Cuthbert moved to Singapore from North’s head office in Newcastle this month to work alongside loss prevention executive Aniruddha Desai…

NWA Presents First Apprenticeship Award

Feb 29, 2016

The National Workboat Association, a trade association for the owners and operators of workboats, has awarded the John Percival Memorial Award for the first time, to George Turpin, an apprentice at offshore energy support vessel operator Seacat Services…

Woodside Appoints Pickard Non-executive Director

Feb 29, 2016

The Board of Woodside has appointed Ms Ann Pickard as a non-executive director effective 29 February 2016. Ms Pickard joins Woodside as an independent director.Woodside Chairman Michael Chaney said that Ms Pickard had significant international business experience…

NYK Completes Winter Safety Campaign

Feb 29, 2016

The NYK Group has completed its Sail On Safety winter safety campaign, which ran from December 1, 2015, through January 31, 2016. Under the theme 'Think, Act, and Be Safe,' the campaign has been conducted annually by the entire NYK Group…

Technip Certified Global Top Employer

Feb 29, 2016

Technip has been certified as a Top Employer Global 2016 for the second year in a row. The Global certification is a recognition launched last year for the first time by the Top Employers Institute. Out of the eight global organizations rewarded this year…

MCI Registers 11% Fleet Growth

Feb 29, 2016

Steady growth recorded by Maritime Cook Islands for 2015; Flag continues to thrive with more owners placing their faith in the registryMaritime Cook Islands (“MCI”), the leading ship registry, registered an 11% growth in the fleet last year with 201 new vessels…

Consolidations to Reshape Ship Alliances

Feb 29, 2016

Several of the world’s top container lines are entering in different vessel-sharing alliances following the current wave of mergers and acquisitions among carriers, reports China Daily. There has been reports that had shocked the containership…

US-ASEAN Connect Initiative, Thanks to South China Sea

Feb 29, 2016

The United States and the Association of Southeast Asian Nations (Asean) are taking their relationship to a new level, thanks to heated tensions in the South China Sea. China, a key ally of North Korea, has said its committed to denuclearizing the Northth Korea…

Pioneer Marine Posts Loss, Takes New Delivery

Feb 29, 2016

Singapore-based dry bulk operator Pioneer Marine posted a loss of $80.6m for the fourth quarter, and a yearly loss of $96.9m for 2015. Excluding the effect of the impairment loss, net loss as adjusted would have been $22.5 million for the year ended December 31…

Anthem of the Seas Forced to Turn Around Again

Feb 29, 2016

Anthem of the Seas is forced to run around again after suffering a norovirus outbreak just weeks after being battered by 30-foot waves. Royal Caribbean's newest cruise ship, Anthem of the Seas, is cutting another trip short and heading back to Bayonne early…

Logistics News

New Assessment Maps Pathways for Sustainable Maritime Fuels

New Assessment Maps Pathways for Sustainable Maritime Fuels

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Russia Says Magnetic Mines Found on Tanker

Russia Says Magnetic Mines Found on Tanker

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

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INDIA RUPEE - Oil slump and central bank support manifested in rupee's 3-day winning streak
Ships transporting Middle East oil and LNG leave Hormuz on their way to Pakistan, China
Source: India is preparing an interim report, not a final one, as the anniversary of the Air India crash approaches.