Category Archives: News

Monitoring of CO2 emissions from ships: the Council reaches a political agreement

The Council reached a political agreement on the regulation setting out new EU-wide rules for monitoring, reporting and verification of CO2 emissions from ships. The new mechanism for monitoring reporting and verification of CO2 emission from ships is a building … Continue reading

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Japan: Shipbuilders rejecting orders amid labor shortage

The depreciation of the yen is boosting demand in industries like shipbuilding, where companies are scrambling to hire enough workers, especially in areas where the number of working-age individuals is declining. The number of people in Japan aged 15 to … Continue reading

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ICS changes position on ratification by governments of imo ballast water management convention

The global trade association for merchant shipowners, the International Chamber of Shipping (ICS), has modified its stance towards the ratification by governments of the International Maritime Organization (IMO) Ballast Water Management Convention, which has still not yet entered into force … Continue reading

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Bunkering in S Korea’s Incheon, Daesan ports halted on bad weather: traders

Bunkering activities in South Korea’s western ports of Incheon and Daesan came to a halt Wednesday morning due to poor weather conditions, particularly strong winds, traders said Wednesday. “Western ports [of South Korea] are closed,” a Seoul-based trader said. “The … Continue reading

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ClassNK Register Tops 230 Million Gross Tons

Leading classification society ClassNK (Chairman and President: Noboru Ueda) announced that its register topped 230 million gross tons for the first time at the end November 2014. The announcement was made following a meeting of the Society’s Classification Committee, which … Continue reading

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ITF Calls On Australian Government To Do Better On Labour Rights

ITF Calls On Australian Government To Do Better On Labour Rights The International Transport Workers’ Federation (ITF) is calling on the Australian Government to improve labour regulations after the Federal Court found two Fijian workers had been exploited. Two men who were … Continue reading

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“Top 25 (2014) Container Liner Operators”

World’s largest carriers Dynamar has issued the 12th edition of its annual Top 25 Container Liner Operators publication. It offers an exclusive insight into world’s largest container shipping companies, their histories, natures, characteristics, developments, strategies, relationships and performances.   The … Continue reading

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India imports 38 pct more Iranian oil in Jan-Nov -trade

India imported about 38 percent more oil from Iran in the eleven months to November as an easing of Western sanctions earlier in the year over Tehran’s disputed nuclear activities helped boost shipments, trade sources said. Iran and six powers, … Continue reading

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Largest LNG-powered ferry will feature flexible MacGregor RoRo cargo access package

MacGregor, part of Cargotec, has received a contract from German shipbuilder Flensburger-Schiffbau-Gesellschaft (FSG) for a comprehensive RoRo cargo access equipment package. It is destined for an LNG-powered RoRo ferry that will be constructed at the yard for the Australian owner, … Continue reading

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Port of Antwerp showcases barge transport initiatives with Instream

Each week more than 915 barges call at the port of Antwerp carrying project cargo, containers and dry and liquid bulk to and from northern France, the Netherlands, Germany, Switzerland and Austria. Keeping this barge traffic flowing smoothly requires efficient … Continue reading

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Falling crude oil prices fuel tanker rates

The crash in crude oil prices has come to the aid of the beleaguered shipping sector because of higher demand for oil tankers. The Baltic Dirty Tanker Index (BDTI) and the Baltic Clean Tanker Index (BCTI), which are indices for … Continue reading

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Rotterdam low sulfur fuel oil bunker premiums surge on lack of prompt fuel: traders

Rotterdam-delivered LSFO bunker premiums surged on a lack of prompt availability in the ports of Rotterdam and Antwerp, traders said. 380 CST LSFO premiums moved to $24/mt against 1% ex-wharf ARA barge market, assessed at $330.50/mt on an outright basis, … Continue reading

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Greek Shipowners Splash the Cash on Liquefied-Natural-Gas Carriers

Greek shipowners, closely followed in the shipping industry for their investment choices, have splashed a record $1.8 billion this year to buy 11 new LNG carriers. The owners are betting that falling energy prices will spur demand for such vessels … Continue reading

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India to increase annual Iron Ore output to 75mt by 2018-19

Narendra Singh Tomar, India Minister of Steel and Mines, has directed National Mineral Development Corporation (NMDC) to enhance production incrementally and aim for annual production of 75 million tonnes iron ore by 2018-19 and 100 million tonnes by 2020-21, to … Continue reading

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CMB diversifies into container shipping

Today the Board of Directors of CMB approved the acquisition of the fleet of containerships of Delphis. Delphis is a fully-owned subsidiary of SAVERCO, one of CMB’s reference shareholders. Pursuant to the provisions of the Belgian Code of Companies concerning … Continue reading

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Europe-America box up 13pc in October, but west-east volume falls 4.6pc

CONTAINER volumes on services from Europe to North America increased by 12.9 per cent in October compared with a year earlier, to reach 348,900 TEU, but carriers travelling in the opposite direction had a tougher time with volumes down 4.6 … Continue reading

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Hong Kong down 5.7pc in November to 1.79 million TEU, Singapore up 6pc

FIGURES from the Hong Kong Marine Department showed the port handled 1.79 million TEU in November, representing a year-on-year decrease of 5.7 per cent from 1.9 million TEU in November last year. Singapore’s Maritime and Port Authority reported a 6pc … Continue reading

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New functions for the Port of Antwerp Connectivity Platform

EMBARGO ON PUBLICATION UNTIL 18.00 H (when the new version of the platform will go live) The Connectivity Platform, the online tool that was launched last year to keep Antwerp port users well informed about the various possibilities for transport … Continue reading

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Nordic Maritime announces new 2D seismic survey contract award by MultiClient Geophysical

Nordic Maritime Pte. Ltd. (“Nordic Maritime”), a leading offshore service operator, has been awarded the contract to provide 2D seismic survey work in Indonesia by MultiClient Geophysical (Pte) Ltd. (“MCG”). This survey is expected to commence in December 2014 and … Continue reading

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Glander International Bunkering, Brazil office has enhanced its presence with increased employee numbers and a new location

As of 17th December 2014, Glander International Bunkering Brazil will increase its staff numbers and change office location. Glander International Bunkering’s extended presence and market share of South America will be supported by a new talented team. The new team … Continue reading

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Govt plans to take gross Indian tonnage in Shipping to 43 MT

Government plans to take gross tonnage under the Indian flag to 43 million tonnes (MT) in the next five years from the present 10.31 MT, Parliament was informed today. “The Maritime Agenda 2010-2020 has set an ambitious target of achieving … Continue reading

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India’s Nov crude oil imports jump 17.3% on year to 4.2 mil b/d

India imported 17.25 million mt, or an average 4.21 million b/d, of crude oil in November, up 17.3% year on year, latest data obtained by shipping sources showed. The November crude imports were up 14.9% from October. India imported 1.46 … Continue reading

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Singapore Nov vessel arrivals for bunkering down 4.09% on month

Singapore bunker fuel sales fell 1.26% month on month to 3.55 million mt in November, and were up 5.2% year on year, Maritime and Port Authority data released Monday showed. Some trade sources had been expecting a steep month-on-month fall … Continue reading

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India: Government says no plans to ban export of iron ore

The government has no plans to ban export of iron ore but conservation of the steel-making raw material is of “paramount importance”, Parliament was informed today. To a written question in Lok Sabha on if the government proposes to ban … Continue reading

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