Although the container shipping sector saw a huge amount of consolidation in 2016 driven by the persistent pressure in the industry, the sector is still not that consolidated, according to Clarksons Research. On the basis of start 2017, this fairly fragmented shipping industry counted 88,892 ships i
Readers’ Picks of the Week (February 6 – 10, 2017)
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 6 – 12, 2017.
Dredging Today brings you an overview of the most popular stories from the past week (January 6-12, 2017). Shell to Supply LNG for Van der Kamp’s New Dredger Shell Western LNG B.V. (Shell) and Van der Kamp have signed an agreement for the supply of liquefied natural gas that will power Van der Kam
French container shipping major CMA CGM has decided to upgrade two weekly services connecting India Middle East Gulf to East Africa, starting from February 20, 2017. The services in question are Swahili Express and Noura Express which have a combined fleet of nine vessels of up to 3,500 TEU, with tw
The Gulf of Guinea and Southeast Asia have seen a significant increase in kidnapping incidents in 2016, according to data released by UK’s maritime intelligence and operations company Dryad Maritime. The 2016 figures show that 62 people were kidnapped worldwide in comparison to 19 in 2015 and 9 in 2
DHI Group, an independent research and consultancy organization, has just released their latest DHI Tech Talk video, named ‘Measurement of Suspended Sediment’. Solid particles transported in the water are referred to as suspended sediments. A high level of suspended sediments may lead to serious eff
The dry bulk shipping market is expected to recover from 2017 onwards driven by a narrowing supply-demand gap, according to the shipping consultancy Drewry. Namely, demand is projected to grow at a healthy pace of 3% while supply could grow by about 1% from 2017. The growth in demand originates from
Jan De Nul recently put its suction dredger, PETRUS PLANCIUS, back into operation after a successful conversion into an environmental dredger. IHC Services designed the technical solution that could operate the dredger with either a cutter or silt suction head. The IHC Beaver 1600, built in 2008, ne
Two port agencies, the UAE-based Sharaf Shipping Agency (SSA) and Singapore’s Ben Line Agencies, have joined forces to establish a new global agency company for the wet and dry bulk shipping and commodity markets, WaterFront Maritime Services. To become operational on April 1, 2017, WaterFront Marit
Due to the tendency of trade routes to change pushing demand somewhere else, VesselsValue has put together a report showing the current state of affairs at the top 5 Panamax Bulker trade routes based on the total ton miles moved. Mainly a grains trade, especially soybeans, the volatile Panamax bulke
Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, has approved an AED35 million ($9.5 million) project for periodical maintenance of Dubai marine facilities and coastal protection for the next two years, Emirates News Agency informs. Hussein Nasser Lootah, Director-General of Dubai Municip
In an effort to attract major shipping companies, Iran said that it would impose no limitations for liners to revisit the country’s waters as a bilateral relation. The move follows the Danish shipping giant Maersk Line’s return to Iran on commercial grounds in the second half of 2016 after a five-ye
Dubai-based port and terminal operator DP World Limited saw a 3.2% year-on-year growth on a reported basis in its gross container volumes as it handled 63.7 million TEU across its global portfolio of container terminals in the full year of 2016. In the fourth quarter alone, gross reported volumes gr
