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Tag: shipping


Shipping

Panama Canal Ends FY17 with Record Annual Cargo Tonnage

October 17, 2017

Via: World Maritime News

The Panama Canal welcomed a record 403.8 million Panama Canal tons (PC/UMS) of cargo in fiscal year 2017, the largest amount of annual tonnage ever transited in its 103-year history. As explained, the 22.2 percent increase from the previous year […]


Shipping

Pacific Basin Eyes More Second-Hand Ships

October 12, 2017

Via: World Maritime News

Following the purchase of five dry bulkers in August, Pacific Basin Shipping Limited is exploring more acquisitions of second-hand tonnage lured by attractive prices. “We will continue to look at attractive secondhand ship acquisition opportunities if they can generate a […]


Shipping

International Seaways Looking Into Fleet Renewal Opportunities

October 6, 2017

Via: World Maritime News

US-based tanker shipping company International Seaways is reviewing investment opportunities aimed at bolstering its fleet. “For us, as a new company, to come out on the market during a time when asset values are at their lowest in decades is […]


Shipping

Alphaliner: Boxship Oversupply Will Not End Soon

October 4, 2017

Via: World Maritime News

With weaker demand in the fourth quarter and a steady stream of new vessel deliveries, the supply overhang of surplus containerships is not expected to end soon, according to Alphaliner. As a further 1.6 million TEU of new ships are […]


Shipping

T&E: Majority of New Ships Exceed IMO’s Post-2025 Requirements

October 2, 2017

Via: World Maritime News

Almost three-quarters of new ships carrying consumer goods already exceed International Maritime Organisation’s (IMO) post-2025 energy efficiency requirement. Some 71% of all new containerships, which emit around a quarter of global ship CO2 emissions, comply with the post-2025 requirements of […]


Shipping

Viking Cruises to Build World’s 1st Hydrogen-Powered Cruise Ship?

September 29, 2017

Via: World Maritime News

Cruise ship owner Viking Cruises unveiled plans for a liquid hydrogen-fuelled cruise ship in an effort to develop the world’s first cruise ship with zero-emission technology. Serge Fossati, project manager at the shipping company, presented the plans at the Norwegian […]


Impact & Regulations

Seafarers Paying the Price for Industry Woes

September 22, 2017

Via: World Maritime News

Seafarers are still paying the price for the economic problems facing the global shipping industry, the International Seafarers’ Welfare and Assistance Network (ISWAN) said in a new report. The report shows that the SeafarerHelp service run by ISWAN dealt with […]


Impact & Regulations

Standard Club: Guidance on Cargo Ships Issues amid Hurricane Irma

September 15, 2017

Via: World Maritime News

Specialist marine and energy insurer Standard Club P&I has issued guidance on issues encountered due to the disruption to cargo vessels caused by Hurricane Irma. The guidance, given from an English law perspective, includes deviations from route, changing the place […]


Shipping

China Driving Dry Bulk Shipping Markets Recovery

September 13, 2017

Via: World Maritime News

Sentiment among dry bulk ship owners seems to be at a new high as Baltic Dry Index (BDI) hit a 34-month record at 1,332 points, according to a weekly shipping report from Allied Shipping Research. The market increase that has […]


Impact & Regulations

Clarksons: World Seaborne Trade Puts On Some Weight

September 11, 2017

Via: World Maritime News

Since the downturn of 2009, when it slumped by 4%, world seaborne trade has grown by 38%, adding an extra 3.2 billion tonnes, but has the extra ‘weight’ been put on? The wide spectrum of seaborne trade is well known, […]