BIMCO:
Increased demand from Asia and Europe has seen US seaborne export of crude oil surpass the US seaborne export of oil products in terms of billion tonne miles in September and October 2017 .
News ID: 77695 Publish Date : 2017/12/15
The Taicang port has processed more than 3.7 million containers and 213 million tons of cargoes in the first ten months of this year, witnessing an increase of 16.6 percent and 14.8 percent respectively, according to the head of the Taicang port.
News ID: 77559 Publish Date : 2017/12/07
French shipping major CMA CGM completed the sale of a 90 percent equity interest in Global Gateway South terminal (GGS) in Los Angeles on December 1.
News ID: 77544 Publish Date : 2017/12/04
Dutch port of Rotterdam informed that port dues will rise by 1% per year for the next three years.
News ID: 77540 Publish Date : 2017/12/04
Maersk Line has closed its acquisition of Hamburg Süd one year after it announced it planned to buy the privately owned German container line for EUR3.7bn.
News ID: 77529 Publish Date : 2017/12/03
Coming off the back of eight years of oversupply balance is yet to be found in the container shipping sector and Seaintel ceo Alan Murphy outlines seven factors that will be needed to bring demand and supply back into balance by 2019 – 2020.
News ID: 77461 Publish Date : 2017/11/29
CMA CGM, the world’s third-largest container shipping group, posted a third-quarter net profit of $323 million, up from $219 million in the previous quarter and a $268 million loss a year earlier.
News ID: 77458 Publish Date : 2017/11/25
The United Nations Conference on Trade and Development (Unctad) has confirmed Greek shipowners remain the dominant force in the global industry, topping operators overall based on fleet capacity, while heading the wet and dry categories, and rising to third among containership fleets.
News ID: 77302 Publish Date : 2017/11/18
A fall in container freight rates is being driven by oversupply of vessels rather than a drop in demand according to analyst Crucial Perspectives.
News ID: 77290 Publish Date : 2017/11/17
Hapag-Lloyd closed the third quarter of 2017 with a significant positive Group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost completed and on schedule to be finalized by the end of the year.
News ID: 77275 Publish Date : 2017/11/15
Malaysian port operator Westports Holdings Berhad saw its container volumes drop in the nine-month period ended September 30, mainly due to the industry’s recent mergers and acquisitions.
News ID: 77252 Publish Date : 2017/11/14
The number of incidents of piracy against ships in Asia in October increased compared to the same period in 2016. Nine incidents were reported in October 2017 compared to seven incidents reported in October 2016.
News ID: 77237 Publish Date : 2017/11/13
The idle containership fleet of over 500 teu has reached 157 units for 594,000 teu as at 30 October 2017 , due mainly to the effects of void sailings carried out during the Chinese National Day ’Golden Week’ holidays.
News ID: 77224 Publish Date : 2017/11/12
On November 7, the Caribbean Princess became the first cruise vessel of the 2017 /2018 cruise season to transit the Expanded Panama Canal.
News ID: 77197 Publish Date : 2017/11/10
While the intra-Asia trade has been held up as the next great thing the container industry, there remains debate about the perception that it is notoriously difficult to make money from.
News ID: 77178 Publish Date : 2017/11/08
With cyber security a very real and growing problem for the maritime industry Kongsberg has received the first type approval from DNV GL to address the issue.
News ID: 77128 Publish Date : 2017/11/05
Under International Maritime Organization (IMO) treaties, ships can be surveyed and certified either by officers of the relevant flag State, or by Recognized Organizations (ROs) acting on behalf of them.
News ID: 77121 Publish Date : 2017/11/05
Chinese steel futures retreated on Wednesday with investors concerned that curbs on iron ore production capacity in the top steelmaking city of Tangshan could yet fall short of their expectations.
News ID: 77105 Publish Date : 2017/11/03
The Board of Directors of COSCO Shipping Energy Transportation (CSET) has approved an investment in 14 new tankers, the company said in a regulatory filing.
News ID: 77086 Publish Date : 2017/11/01
Despite somewhat increased activity in terms of new orders in the product tanker sector in the first nine months of 2017 , the orderbook remains at historically low levels, as disclosed by Capital Product Partners L.P. in a market commentary.
News ID: 77032 Publish Date : 2017/10/29