22/05/2013
The Australian Maritime Safety Authority (AMSA) on Tuesday announced the establishment of a recommended
21/05/2013
A majority of South Korean shipping companies saw their operating profits decline last year due to the global economic downturn and increased operating costs,
21/05/2013
With the 205-km Kollam-Kottapuram National Waterway III expected to be commissioned in November, efforts are on to ensure connectivity between coastal
21/05/2013
The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, has projected that the
21/05/2013
China’s demand for shipmanagement services is still nascent, but one international managers are keen to cash in on. Hong Kong’s fast growing Fleet
21/05/2013
In a new slot arrangement with Cosco, Regional Container Lines is launching its new RCA service (RCL China Australia service) with a weekly rotation of
21/05/2013
Paolo Salza, Chief Technical Officer, RINA Services, has been appointed to the board of Directors of the International Confederation of Inspection and Certification Organisations (CEOC
21/05/2013
On 15 May 2013, supporting blocks for the ice-resistant fixed platform (LSP1) were launched by the LOTOS Shipyard, JSC (Astrakhan Region),
21/05/2013
After reviewing the feasibility of acquiring STX Pan Ocean, Korea Development Bank decided not to acquire the shipping company due to higher-than-
21/05/2013
Classification society ClassNK’s Chairman and President Noboru Ueda, has announced the release of the latest versions
21/05/2013
MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese
21/05/2013
The freight rate war currently taking place between Asia and Europe, and between Asia and the US, and the further addition of new ships, will force carriers to resort to more slow steaming.
Although slow steaming continues to be a contentious issue with shippers, more is on the way as fuel prices remain stubbornly high and ocean carriers can no longer absorb the bill due to the
21/05/2013
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Monday, pulled down by
21/05/2013
Charter rates for the largest oil tankers hauling Middle East crude to Asia slumped for a fourth session as the surplus of available ships for
21/05/2013
Clean tanker rates for refined petroleum products on top export routes were softer on Monday in slower trade with a build up of vessels putting more pressure on the transatlantic
21/05/2013
Rates to transport dry-bulk commodities by sea will recover from unsustainable levels as fleet growth slows and demand advances on Asian
21/05/2013
The cross-Mediterranean dirty freight rate for 30,000 mt cargoes fell to its lowest in over seven months, as weak demand
21/05/2013
Wilbur Ross, the billionaire founder of WL Ross & Co., said he intends to add to his shipping investments as slowing growth of the merchant
21/05/2013
The miserable performance of the shipping business and interest costs took a toll on the March quarter financial performance of Mercator
21/05/2013
d'Amico International Shipping S.A. (Borsa Italiana: DIS), a leading international marine transportation company operating in the product