Latest News

Early Nov VLCC of North Sea Forties crude fixed for Korea: source

South Korean refiner SK Energy has bought one VLCC of Forties from the November loading program of UK North Sea grade Forties, a source close to the company said Tuesday. The 270,000 mt Ingrid was reported by shipbrokers to be … Continue reading


Comforting sounds from China: GDP and Industrial Production

The economic news from China this morning were somewhat comforting but highlights that the economy activity in the world’s largest economy is certainly slowing down. Behind the headline GDP, other economic indicators such as industrial production, electricity consumption, credit growth … Continue reading

low-sulphur fuel

Shipping’s low sulphur fuel challenges

While the shipping industry scored a significant victory in terms of regulation with the IMO agreeing to review the Ballast Water Management Convention, however, it continues to face many other issues in areas such as emissions. At Denmark’s recent maritime … Continue reading

Clyde & Co advises

Clyde & Co advises on joint venture between DOT Holdings AS and Pacific Radiance Limited

International law firm Clyde & Co advised DOT Holdings AS on the establishment of a joint venture in Singapore with Pacific Radiance Limited. The joint venture company will be engaging in the business of owning and chartering offshore support vessels. … Continue reading

Shipping Industry

Shipping Industry Wants Green Initatives But Needs More Options

A recent survey carried out by the Institute of Marine Engineering, Science and Technology (IMarEST) together with Colfax Fluid Handing, a leader in pumps, systems and Smart Technology solutions for the marine industry, has highlighted that 88% of the industry … Continue reading

Shenzhen port

Shenzhen Yantian Port Holdings Net Profit Down 3.8pc to Us$66 Million

SHENZHEN Yantian Port Holdings posted a net profit of 3.8 per cent year on year to CNY16.3 million (US$2.6 million) in 2012, drawn on revenues of CNY22.29, down 12.2 per cent. It’s subsidiary, Yantian International Container Terminals (YICT), handled 2.89 … Continue reading


G6 Alliance announces Asia-U.S. West Coast Winter Programme

In response to seasonal changes in market demand, the members of the G6 Alliance have announced the temporary suspension of their Central China (CC2) service between Asia and the U.S. West Coast until further notice. The last sailing for CC2 … Continue reading

China steel

India Steel output up by 2.5% in September,slight dip in Global output

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 134 million tonnes (Mt) in September 2014, a slight decrease of -0.1% compared to September 2013. India produced 6.8 Mt of crude steel, an … Continue reading



Navico Holding AS, parent company to the Simrad brand of navigational marine electronics, has reached an agreement to acquire MARIS (Maritime Information Systems A/S) from The Grieg Group. MARIS is a leading supplier of data solutions to the commercial maritime … Continue reading

Nordic Maritime

Nordic Maritime is awarded 2D Marine Seismic combined with OBN by Mitra Energy

Singapore-based offshore specialist Nordic Maritime in collaboration with PT. Alamjaya Makmur Sejahtera, was awarded a contract worth more than USD2 million to provide 2D seismic marine acquisition services utilising OBN (Ocean Bottom Node) technology to Mitra Energy Indonesia. Nordic Maritime’s … Continue reading


Shipping lines maintain services in Ebola-hit countries

THE world’s top container shipping line are determined to maintain services to Ebola hit Liberia, Sierra Leone and Guinea despite seeing a considerable drop in cargo volumes over the past few weeks. Fear of contamination from exported goods has dampened … Continue reading

Indonesian thermal coal

South Korea Sep thermal coal imports down 1% year on year to 7.06 million mt

South Korea’s imports of thermal coal in September fell 1% year on year to 7.06 million mt, which was 9% down from August to the lowest monthly total this year as flows from Indonesia continued to decline, customs data showed … Continue reading


Ports worldwide restrict ship entry from Ebola hit countries

SHIPS that have called in a West Africa country affected by the Ebola outbreak are required to contact their local agents before arrival at ports of call for the latest country specific advice, an advisory from the International Transport Intermediaries … Continue reading

01-09-12  Khalifa Port opening Abu Dhabi-PMV-LOG

India: Cochin Port Trust aims higher cargo movement to Maldives

The Cochin Port Trust is exploring ways to promote cargo movement to Maldives Port through a regular shipping service. A lot of Indian origin produce are now routed to Maldives through Colombo, Dubai and Singapore and there is a scope … Continue reading

Shipping Rates

What’s Left In Shipping’s Aladdin’s Cave, Captain?

Eleven years ago in 2003, when China opened its doors and the steel boom got underway, the shipping community was suddenly presented with an Aladdin’s Cave of cargo. Unlike Japan and Korea, China had not locked in the fleet of … Continue reading

ics 1

Ending ship pollution fund too soon risks damaging litigation: ICS

A SYSTEM of compensation for oil pollution from ships is at risk because governments plan to end the 1971 International Oil Pollution Compensation Fund (IOPCF) this week, reports London’s Tanker Operator. At this week’s IOPCF meeting in London, the International … Continue reading

Virginia port

Virginia port erases quarterly loss as monthly volume hits 201,113 TEU

THE Port of Virginia posted an 8.6 per cent year on year container volume increase in September to 201,113 TEU, recording the third straight month throughput hit 200,000 TEU. It also erased last year’s US$3.4 million quarterly operating loss with … Continue reading

The big fight for port cargo

Report reveals strong annual Shanghai shipping figures

A new report on Shanghai’s shipping sector has revealed an encouraging set of annual operating figures and also highlighted various issues, particularly regarding the city’s free trade zone launched in September last year, which are being addressed as it closes … Continue reading

nigerian oil workers

Oil Workers Earning $179,000 Expose Norway to Crude Crash

Norway, where oil helped create one of the world’s most stable and prosperous societies, is among the most exposed to falling crude prices. Though the blessings of energy wealth have hardly turned to a curse, the industry’s labor costs, which … Continue reading

Oil Demand

Oil falls below $86 as oversupply, global economy worries weigh

Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week’s four-year low. U.S. crude hovered below $83 a barrel. Brent tumbled more than … Continue reading


Emerging Opportunities In Indian Ports and Shipping Sector

The Shipping Tribune is pleased to announce “Emerging Opportunities In Indian Ports and Shipping Sector” a one day conference on February 6th, 2015 at Holiday Inn, Andheri (East), Mumbai, Introduction & Objective The emerging -global economy has opened up new avenues … Continue reading

Shanghai 380 CST bunker fuel

Falling bunker fuel prices pull down dry bulk and tanker freight rates

Falling bunker fuel prices are putting downward pressure on freight rates for dry bulk and tanker vessels operating in Northwest Europe, market sources said. Freight rates Panamax coal route from Ventspils, Latvia, to Rotterdam, basis 70,000 mt, were assessed Thursday … Continue reading

Shipping Industry Works to Reduce Greenhouse Carbon Emissions

Emissions from shipping set to sky rocket if not regulated says report

The commercial shipping sector is responsible for a billion tonnes of greenhouse gas emissions a year, a little more than Germany, and its contribution is set to skyrocket, according to a new pressure group report. Bill Hemmings, of pressure group … Continue reading

los Angeles port 1

LA’s September’s container volume up 9pc to 775,133 TEU

POSTING its highest monthly box volume since 2006, the Port of Los Angeles’ September container throughput was up nine per cent year on year to 775,133 TEU. Year-to-date volumes were up 7.8 per cent to 6.3 million TEU. September exports … Continue reading provides important shipping and maritime news and information. The website is visited mostly by ship owners, operators, managers, ship chandlers, shipping executives and mariners . Our visitors are from all across the globe from Shipping and Maritime Industry. The Shipping Tribune helps to keep you abreast with all the latest news and advancements related to shipping, ports, shipbuilding, energy, ship recycling and many more offshore news. Register with us today for our latest newsletters.