Islamic State Attacks Libya's Es Sider Port
Islamic State fighters clashed with security forces near Libya's Es Sider oil export terminal on Monday killing two guards and setting an oil storage tank on fire…
Asia-Europe Box Rates Soar 115 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 115 percent to $1,232 per 20-foot container (TEU) in the week ended on Friday…
Unipec Delivers 1st al-Shaheen oil in Platts Process
Unipec, the trading arm of Asia's largest refiner Sinopec, will deliver the first al-Shaheen crude cargo to Chinaoil following trades during the Platts Market on…
COSCO, China Shipping Merger Will Creat New Firm
China Ocean Shipping Group Co (COSCO) and China Shipping Group Co will become a new entity after merging, led by the latter's current chairman, China's state-owned assets regulator said on Monday.
Coast Guard Advises Western River Closures, Restrictions
The United States Coast Guard has issued a number of river closures, restrictions and advisories in response to floods in the Midwest. To keep the public and professional…
ST Engineering’s Secures $344m in 4Q2015
Singapore Technologies Engineering Ltd (ST Engineering) said that its marine arm, Singapore Technologies Marine Ltd (ST Marine) has secured new orders worth about…
ClassNK Open Survey Office in Novorossiysk
ClassNK opened a new exclusive survey office in Novorossiysk, Russia with operations beginning January 1, 2016. Novorossiysk is a port city in southwest Russia facing the Black Sea. It is the country’s main port on the Black Sea and a leading Russian port for trade with Asia, the Middle East, the Mediterranean region, Africa and South America. The Novorossiysk office joins an existing network of survey offices throughout the region including in Constanta (Romania) and Istanbul (Turkey).
NTSB Releases El Faro Images & Video
Subsea images and video released as part of NTSB public docket on investigation into the sinking of U.S. cargo ship El Faro. Underwater video and images of the sunken…
Shipping Market in 2015 & Looking Forward - BIMCO
Global economy: menacing clouds in the sky cast a shadow on global economic developments 2015 never really took off, even though the global economic activity looked stronger earlier in the year.
Boskalis Adds Dredging Assets in Germany
Royal Boskalis Westminster N.V. (Boskalis) has reached a heads of agreement with STRABAG SE for the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH…
ST Marine Bags $ 344 mln Order in 4Q
Singapore Technologies Engineering Ltd (ST Engineering) announced today that its marine arm, Singapore Technologies Marine Ltd (ST Marine) has secured new orders…
APL Guam Makes Maiden Call in Guam
On 1 January 2016, APL ushered in the New Year with its U.S-flagged vessel, APL Guam arriving at the island of Guam for the first time. The event marks the maiden…
Update on Hapag-Lloyd New Orleans's Service
Hapag-Lloyd has informed that due to continued inclement weather, the Mississippi River levels are expected to increase dramatically. This may impact the navigability…
BIMCO Launches Cyber Security Guidelines for Ships
BIMCO, together with other leading shipping organisations, has today launched a set of guidelines to help the global shipping industry prevent major safety, environmental…
Cairn Confirms Successful Senegal Appraisal
Cairn informed that the successful testing of the SNE-2 appraisal well offshore Senegal with positive results. Operations have been safely and successfully completed following drilling…
China Merges Shipping Firms in Reform Push
Chinese shipping subsidiaries will realign their businesses in response to the merger between China Ocean Shipping (Group), known as Cosco Group, and China Shipping Group, reports Nikkei.
China Defends Test Flight in South China Sea
China has rejected a protest from Vietnam over a flight test it has conducted on a new airstrip on a man-made island in the South China Sea, saying it is part of China’s territory.
Australia Submarine Contract Award in Final Stage
The Australian government has begun its final evaluation of bids from Japan, Germany and France to choose the maker of its next-generation submarine and is expected…
UASC calls at DP World London Gateway with Record Load
DP World London Gateway has welcomed one of the world’s largest container ships carrying a record 18,601-teu. The UASC-owned Al Muraykh called at DP World London Gateway to unload 3,800 containers.
Low Bunker Prices Benefit Ship Owners in 2015
As 2015 draws to a close and the Worldscale Organisation published the new 2016 Flat Rates, Poten and Partners goes through the annual exercise of updating Flat Rates in its systems.
