With around 80 per cent of global trade by volume and over 70 per cent of global trade by value carried by sea, and with these shares being even higher in the case of most developing countries, maritime transport, including liner shipping,…
Trelleborg’s marine systems operation hosted an exclusive one-day seminar for port authorities and consultants in partnership with the company’s exclusive agent for Greece, Seamark Marine on 1st March at the Metropolitan Chandris Hotel in Athens…
2015 was another busy year for the Danish Maritime Authority in which many results were achieved – covering a wide span from growth to safety. This is evident from the annual report of the Danish Maritime Authority, which has just been published…
GTT Training, a specialist LNG training and simulation provider, announces the award of a first contract to supply its G-Sim LNG simulator software to L-3 DPA and Chevron. The contract involves the development of a new LNG Carrier model…
Lower oil prices performed wonders for the tanker market in 2015, says Drewry Maritime Research. Tonnage demand surged and oil trade expanded because of high consumption demand and increased stocking activity. Tonnage supply was also…
Crude oil tanker company Euronav has invested to become a four-year sponsor of Sailors’ Society’s Wellness at Sea program. Wellness at Sea, which was launched in 2015, is a coaching and support program devised by the international maritime…
What should have been acceptable ship utilisation figures last year didn’t prevent spot rates from falling to historic lows. Carriers will need to intensify their capacity management tactics in 2016 if they are to reverse the trend. The…
Mumbai-based ship management company MMS Maritime India (MMSI) announced that its crew workforce has grown by a quarter in the last year. MMSI said its total crew staff is now 300 with at least 50 new officers and 26 ratings, joining the team…
Today, the Panama Canal Authority (ACP) hosted an Open Forum, giving shipping line representatives and steamship agents the opportunity to discuss the Panama Canal’s services once the expanded waterway begins operations. The Forum, titled “Exchange…
Since the end of October 2015, SeaIntel Maritime Analysis showed that 115 vessels deployed on Asia-USEC and Asia-North Europe services have made the back-haul trip to Asia by sailing south of Africa instead of through the Suez and Panama Canals…
The Shipping Corporation of India’s (SCI) Worldwide Agents' Meet 2016 held on March 2nd, 2016 drew 88 agents from across the world to participate in the Meet. There were representatives from Far East, Indian Subcontinent, Persian Gulf, Western Europe…
Volatile markets currently prevent Danish shipping firm Torm from going through with a planned stock market listing in the United States, but the company still aims to do so later this year, it said on Thursday. 'Right now, it doesn't seem like the most obvious time to go through with this (a U…
The positive trend of increasing freight volumes has continued and during 2015 six percent more freight was transported via the Port of Kapellskär than in 2014.Freight volumes at the Port of Kapellskär increased by six percent in 2015 compared to the figures for the previous year…
Members of the Singapore Shipping Association (SSA) have read with interest the recent announcement by the Singapore Exchange Ltd (SGX) in its bid to acquire the Baltic Exchange. Mr Esben Poulsson, President of SSA said: “We understand that for some time…
Team Tankers International (TTI) completed the acquisition of the ‘Sichem Amethyst’ and ‘Sichem Contester’, previously on timecharter in the Q4 2015. In addition, two of the company's older and smaller ships were sold. To continue to build up its European regional stainless steel fleet…
