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DNV GL wins Environment Protection Award

DNV GL, the world’s leading ship classification society and one of the world’s leading risk and sustainability service providers, won the “Environment

RS class: new oil tanker series RST 22M

Two river-sea oil tankers of project RST 22M are to be built to the Russian Maritime Register of Shipping (RS) class. A relevant agreement is signed by RS with Armada

FFAs: No reporting please!

I have too much junk email. I know that you are all familiar with this affliction and will probably join

When China Sneezes, Will DryShips, Navios Maritime Holdings, and Diana Shipping Catch a Cold?

There is a fear among some experts that if China's economy softens, the dry shipping industry could

Maersk Line’s three-stage strategy for profit

As the world’s largest container-shipping company, Maersk Line operates in an industry with a poor

NYK Reaches Agreement for Eight New 14,000 TEU Vessels

NYK has reached time charter agreements for eight new containerships, each capable of carrying 14,000

UACC spends $140m on four tankers

Dubai based chemical transporter United Arab Chemical Carriers is said to have picked four tankers

Höegh LNG - Signing of USD 412 million Senior Secured Credit Facility

Reference is made to the stock exchange notice dated 27 January 2014 where Höegh LNG Holdings Ltd.

Announcing A New Service: West Coast South America (WCSA)

We are pleased to announce the launch of a new weekly Intra-America service, West Coast South America (WCSA). This service

Kongsberg Maritime wins contract to supply latest engine room simulator to Ghana

The Regional Maritime University (RMU) has awarded Kongsberg Maritime a contract to deliver its K-Sim Engine

The opportunities and challenges of the green revolution

One of the main themes that came through at Sea Japan 2014 this week in Tokyo were the business opportunities potentially available

The Way Back to Balance is Getting The Right Balance

In the 2000s new ships were the in thing. Public companies boasted about their youthful fleets and since ships were floating cash machines, who could argue? Why buy old ships that might break down during a boom, costing cash instead of coining it? But today youth weighs heavily on balance sheets and suddenly older ships look interesting.

Good and Old:

MR clean tanker rates on USGC-TA route plunge amid ample tonnage: sources

Medium range clean tanker rates on the US Gulf Coast to the trans-Atlantic route, basis 37,000 mt, fell to a

Shipping Corp seeks to cut costs as another year of losses looms

Staring at a third consecutive year of loss, state-controlled Shipping Corp. of India Ltd (SCI) is cutting costs to stay profitable,

Agreement takes MLC into new stage

The ITF has praised this week’s decision at the ILO (International Labour Organization) in Geneva today to build on the success of the Maritime Labour Convention

OOCL Korea named to join modern fleet, delivering premium services

OOCL is pleased to announce the naming of OOCL Korea at a ceremony held on Geoje Island in South Korea, the newest

Navy creates ship fuel from seawater

Researchers working for the United States Navy say they are around a decade away from mastering a procedure that will make high-powered fuel for the

Ship Economics, Fuel Efficiency and Trans-Oceanic Tug Barges

While the maritime industry offers the lowest transportation cost per container over extended distances that

Minister appreciates master mariners’ services in shipping industry

Federal Minister of Ports and Shipping Senator Kamran Michael has lauded the role of Pakistan’s master

Agreement reached for amendments to the MLC, 2006 to address abandonment of seafarers and crew claims

Governments, maritime employer representatives co-ordinated by the International Shipping Federation (ISF) and their counterparts from the International Transport Workers’ Federation (ITF) met this week at the International Labour Organization in Geneva for the first meeting of the Special Tripartite Committee (STC) established under the Maritime Labour Convention, 2006
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