Asia-Europe Box Rates Rates Fall 9 pct
Shipping spot freight rates for transporting containers from ports in Asia to Northern Europe fell 8.7 percent to $211 per 20-foot container (TEU) in the week ended on Friday…
ClassNK Gains USCG Authorization Under ACP
The United States Coast Guard (USCG) has authorized classification society ClassNK to participate in its Alternate Compliance Program (ACP) in addition to granting…
Keppel to Deliver Semisub to Floatel
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) is on track to deliver a fifth high-specification accommodation semisubmersible (semi)…
AAL, PD Launch Joint Semi-Liner Service
AAL & PD have followed up their cooperation on a range of global multipurpose tramp solutions with the launch a new joint semi-liner service - ‘Asia - Middle East - Europe’.
MISC, AET Fleets Merger
International energy logistics group MISC Berhad announced that it is to merge its chemical fleet with the clean petroleum products (CPP) fleet operated by its wholly owned petroleum subsidiary, AET.
Navig8 Acquires Product Tanker
Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of the Navig8 Experience…
Hikawa Maru Designated Cultural Property
On March 11, Japan’s Council for Cultural Affairs submitted a report to the nation’s Minister of Education, Culture, Sports, Science and Technology recommending…
Barcelona Imposes Container Weight Verification Requirement
The new rules, adopted by the International Maritime Organization (IMO) and incorporated into Chapter VI of the Safety Of Life At Sea (SOLAS) Convention, specify that the shipper (forwarder…
Wärtsilä Propulsion for Seabourn Cruise Vessels
Two new cruise vessels being built for USA based Seabourn Cruise Line will feature a broad assortment of Wärtsilä propulsion, electrical and automation solutions.
Asia’s Piracy Situation is Improving
The number and severity of reported incidents against ships in Asia declined significantly in February compared with both the previous month and previous year period, ReCAAP reported.
World's Largest Cruise Ship, Harmony of the Seas, Tests French Waters
Harmony of the Seas, the world's largest luxury cruise ship took to the seas for the first time on Thursday afternoon as it slides into the waters of western France, in the port of Saint Nazaire.
Japanese Submarine to Join Australia's Navy in Military Drill
Soryu-class JS Hakuryu and two warfare destroyers will work with Australian ships near Jervis Bay as part of bilateral exercises, reports AAP. The 4,000-ton Soryu-class stealth submarine JS Hakuryu…
SembMarine Snaps up GraviFloat
Singapore’s Sembcorp Marine (Sembmarine) has increased its stake in Norway-based Gravifloat AS to 56%, which it intends to fully acquire eventually. In a statement on Wednesday…
Chinese Shippers Order for 30 Valemax Vessels
The Chinese shipping companies - Chinese shipping majors Cosco Group, China Merchants Group and ICBC Financial Leasing Co- ordered 30 Valemaxes worth a combined…
Container Blood Bath: Freight Rates Hit New Lows
The World Container Index’s composite index, an average of spot freight rates on 11 global East-West routes connecting Asia, Europe and the US, reached a record…
China's Shipping Route to Iran
Two state-run Chinese firms - China National Transportation Equipment & Engineering Co Ltd (CTC) and Dalian Shipbuilding Industry Co (DSI) - are pushing for multi…
Unsolicited Bid by Davie Shipyard
Quebec-based Chantier Davie Canada Inc. presented a bid, potentially worth up to a billion dollars, to the federal government last month offering a Polar Class 3 icebreaker…
MSC Adds Direct Call at Hazira
The Mediterranean Shipping Company (MSC) said it has adjusted coverage on its South Africa service with the introduction of a weekly direct call at Hazira, in addition to Nhava and Mundra. MSC’s updated India-South Africa service port rotation is as follows: Salalah - Jebel Ali - Bin Qasim - Mundra - Nhava Sheva - HAZIRA - Colombo - Port Louis - Durban - Coega - Salalah. The South Africa service operates with six vessels with vessel capacity of up to 5,400 TEU.
Charleston-Charlotte Intermodal Link Improved
South Carolina Ports Authority announced plans to enhance international intermodal rail service between the Port of Charleston and the Charlotte Regional Intermodal…
USCG Seeks Input for Coastal Navigation Study
The U.S. Coast Guard said it is seeking input from commercial and recreational mariners for an assessment of navigation requirements on the Atlantic and Gulf seacoast.
