Recovering demand for multipurpose shipping combined with improved market conditions for competing sectors will result in rising market share for the multipurpose shipping fleet and a recovery in freight rates in 2018, according to the latest…
Following the close of its 2017 fiscal year (FY17), the Panama Canal announced that the waterway welcomed a record 403.8 million Panama Canal tons (PC/UMS) of cargo in FY17, the largest amount of annual tonnage ever transited in its 103-year history…
Pasha Hawaii will provide the U.S. Jones Act vessel Horizon Spirit to ship hundreds of containers from the West Coast in support of hurricane relief and rebuilding efforts in Puerto Rico. The Horizon Spirit serves as a drydock reserve ship in…
Mitsui O.S.K. Lines (MOL) has announced that on October 16, a naming ceremony for a newbuilding LNG carrier, jointly owned by MOL and Tokyo LNG Tanker, was held at the Tsu Shipyard of Japan Marine United Corporation. Among the crowd of well-wishers on hand for the ceremony were Tokyo Gas Co…
Antigua and Barbuda is getting ready to implement a maritime single window for ship notifications relating to stay and departure of the vessel, under a project facilitated by IMO technical cooperation programme. Norway is financing the project as well as providing technical expertise…
What will power the future shipping fleet? What will the future fuel mix be? These questions are being asked with greater frequency in the wake of the Global 2020 Sulphur Cap ruling agreed at the International Maritime Organization and other…
Gothenburg Port Authority has opted to keep the Port Tariff unchanged for the third year in succession. The charges for 2018 will thus be on the same level as 2015. Port charges are levied on all vessels that call at the Port of Gothenburg…
Port Manatee has shattered prior annual records for container volume while also reporting its top year ever for total cargo tons moved in the fiscal year ended Sept. 30. The Central Florida Gulf port’s count of 39,726 twenty…
BigLift Shipping has decided to end its co-operation with Rolldock Shipping in the Joint Venture ”BigRoll Shipping” per January 1st 2018. From then on, the Heavy Transport vessels will be added to the BigLift fleet. BigLift Barentsz and…
The Public Transport Authority (PTA) has raised the Saudi flag on Rimthan, one of the latest VLCCs received and owned by Bahri, a leader in transportation and logistics. Under the supervision of PTA, the ceremony of Rimthan’s registration under the Saudi flag took place on Sunday…
The world first shortsea container vessel with LNG is operated by Unifeeder. Unifeeder offer multimodal shipment by the world’s first LNG container vessel. The environment has always been a major factor when the European industry choses partners…
Mercy Ships Cargo Day is being held for the second year and Concordia Maritime is one of the companies supporting the activities on board Mercy Ships’ hospital ship. Participants can either donate part of their commission this day or choose a sum of money they want to donate…
The Palau International Ship Registry has recently seen a strong increase in its fleet size as more shipowners and operators look to become a part of the new breed of smart registries. As the Palau flag starts appearing on more vessels the appeal…
Following the announcement of the joint venture agreement by Bahri, a leader in transportation and logistics, and Koninklijke Bunge B.V. (“Bunge”), a wholly-owned subsidiary of Bunge Limited, a agribusiness and food company, the two companies…
Abu Dhabi Port Company (ADPC) has purchased two newly built tugs from Sanmar shipyards of Turkey. The new Yenicay Class tugs, based on the same Robert Allan Ltd Rascal 1800 basic design-which are equipped with the latest technology and have a bollard pull power of 30 metric tons…
