Category Archives: Shipping News

Indian Business Leader Hails ‘VISIONARY’ Liverpool Port Development

The President of one of India’s most influential business organisations has endorsed the new container port at the Port of Liverpool in north-west UK for its potential to help improve bilateral trade relations. During a two-day visit to Liverpool, Mr … Continue reading

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Hong Kong Shipowners Association sees EU carbon regulation as ‘premature’

HONG KONG Shipowners Association (HKSOA) has voiced its opposition to the EU’s approval of regulations to monitor, report and verify CO2 emissions of shipping as “premature”. Regulations affecting shipping, said the HKSOA, must be global and developed through the UN’s … Continue reading

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Iron ore ends 9-day slide but buyers remain cautious

Iron ore prices inched up overnight to halt a nine-day slide, amid buying interest from Chinese customers looking to restock, but a sustained recovery remained unlikely, traders said. Buyers in China, the world’s biggest steelmaking country, remain cautious, and freight … Continue reading

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M2 Blow to ECT : MSC Shifting a min 400,000 TEUs to APM Terminal in MAASVLAKTE I

MSC will move a minimum of 400,000 TEU of M2 business from ECT to APM Terminals Rotterdam on Maasvlakte I MSC will transfer all its east-west business from ECT to the APMT Maasvlakte I terminal as a step towards integrating … Continue reading

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World’s biggest container ship CSCL Globe calls at Singapore

The world’s newly crowned largest ship by container volume made her imposing maiden call on Singapore yesterday – dwarfing nearby vessels. The colossal CSCL Globe, which steamed into a new berth at Pasir Panjang port, is 400m long, almost 60m … Continue reading

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CEVA signs three year contract with Ludendo Commerce Iberia

CEVA Logistics, one of the world’s leading supply chain companies, has signed a three year contract worth almost €2 million per annum with Ludendo Commerce Iberia, to manage the handling, storage and delivery of its products in Spain. A subsidiary … Continue reading

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Sarjak Container Lines is named NVOCC of year at Gujarat Star Award 2014

IT was time again for the most favourite and popular event of the year – the Gujarat Star Award 2014 (3rd edition) held at Hotel Bhagawati recently. Once again Sarjak Container Lines proved its mettle as the undisputed leader in … Continue reading

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Asian Persian Gulf storage deals continue amid global oil glut

A decade of Asian strategy aimed at strengthening the bargaining power of the region’s big oil importers is now helping Persian Gulf exporters preserve market share amid rising competition from rival international suppliers. Since at least the middle of the … Continue reading

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DGS Marine calls on Indian ship owners to consider fixed premium P&I cover

DGS Marine, a leading global P&I management providerand exclusive manager for the British European and Overseas (BE&O) P&I Facility, has advised Indian ship owners to consider the benefits of fixed premium P&I cover. DGS Marine was speaking at a P&I … Continue reading

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Marine fuel quality trends and new low sulphur requirements

In the second in our two part series exploring the impact of ECAs fuel tester Veritas Petroluem Services (VPS) explains some of the issues and operational factors shipowners and managers will face come 1 January 2015. When it comes to … Continue reading

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Rotterdam, Antwerp low sulfur bunker fuel prompt availability to improve: traders

The availability of low sulfur bunker fuel is expected to improve in northwest Europe by the end of this week with BP and Totsa resuming loadings in Rotterdam and Antwerp, traders said Thursday. Rotterdam bunker suppliers have been out of … Continue reading

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ClassNK Consulting Service & FROSIO agreed concerning the Certifying Body of FROSIO

ClassNK Consulting Service Co., Ltd. (CEO and President: Noboru Ueda)(hereinafter, “NKCS”) (*1) has announced the agreement concerning the Certifying Body of FROSIO, as an internationally recognized coating inspector’s qualification. FROSIO is a leading certifying body qualified to grant inspector qualifications … Continue reading

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How will lower bunker prices affect the substantial overcapacity in dry bulk market?

As bunker fuel costs have come down from USD 600 per tonne to USD 330 per tonne over the past 6 months, there has been much talk about increased ship speeds. Some single voyage or single company estimates aim at supporting … Continue reading

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New EU marine fuel rules erode shippers’ gains from cheap oil

Shipping firms operating in northern Europe will not get the full benefit of plunging oil prices as they face higher fuel costs and potential insurance problems from sulphur regulations coming into force early next year. Shipping companies and industry watchers … Continue reading

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The risks and rewards of 2015 ECA compliance

With the 0.1% sulphur ECAs in North Europe and North America just a fortnight away from enforcement Seatrade Global is running a two-part feature giving industry perspectives on the impact it will have on shipping come 1 January 2015. So … Continue reading

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NYK to Team with ClassNK and Others to Develop Technologically Advanced Exhaust Gas Cleaning System

Nippon Yusen Kabushiki Kaisha(NYK Line),the Monohakobi Technology Institute (MTI),which is an NYK Group company, and ClassNK have teamed up with Singapore-based Nanyang Technological University and Sembcorp Marine Technology Pte.Ltd. for research on an exhaust gas cleaning system(EGCS)*intended to be used … Continue reading

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Grant helps Mass Rescue Operations library project

The Corporation of Trinity House is supporting a Mass Rescue Operations (MRO) project with a grant to help completion of a comprehensive online reference library to be used as a source of best practice by maritime professionals across the world. … Continue reading

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TSA to introduce US$1,000/FEU rate hike and surcharge January 15

MEMBER lines of the Transpacific Stabilisation Agreement (TSA) will levy a US$600 per FEU general rate increase (GRI) for all origin and destination points as well as a $400 per FEU peak season surcharge ahead of the Chinese New Year … Continue reading

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SINWA appoints Alex van Zuijlen as Group Sales & Marketing Director

SINWA, Asia Pacific’s leading marine, offshore supply and logistics company, has appointed Alex van Zuijlen as Group Sales & Marketing Director with effect from January 5th 2015. Alex, a familiar face, previously worked for Sinwa as Marketing Director from 2003 … Continue reading

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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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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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