In an ever more competitive maritime market, shipowners need to know how to make the best out of emerging technologies so as to cut costs and ensure efficiency. However, as technology makes strides toward digitalization, it becomes increasingly challenging to discern what data to use in order to pre
Liner shipping service reliability across the three core EastWest trades hit a five-month peak in March with an aggregate on-time performance of 64%, according to Drewry’s Carrier Performance Insight. The latest result represents an 8.5 percentage point gain over February and is the second best aver
The International Maritime Organisation’s (IMO) Legal Committee encouraged Member States to ratify and bring into force, as soon as possible, the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 2010 (2010 H
The number of first quarter global Very Large Crude Carrier (VLCC) fixtures has been increasing for more than five years and 2015 is no exception, a marine transportation consultancy McQuilling Services reports. Approximately 542 vessels (530 in 1Q 2014) were chartered in the first three months of t
The International Marine Contractors Association (IMCA) and the International Institute of Marine Surveying (IIMS) have announced the start date for the IIMS accredited vessel inspectors (AVIs) scheme, for CMID work on a worldwide basis as 1 June. The registration for IIMS AVIs starts at the beginni
UniSite Group, specialized in providing comprehensive service as well as relevant items for dredging, land reclamation and other marine engineering projects, had a busy start of the year, continuing the legacy of quality, value and professionalism that has defined the company for the last 10 years.
Oleg Naydenov Sinks off Canary Islands A Russian trawler Oleg Naydenov sank some 15 miles off Punta Maspalomas, the Canary Islands, at around 22:45 local time Tuesday, Spain’s Salvamento Maritimo reports…. Read more Three Dockworkers Die in Antwerp Three dockworkers died on Saturday in Antwerp, Belg
Dredging Today has put together a recap of the most interesting articles from the previous week (April 13 – 19). Van Oord’s Volvox Asia Arrives in Egypt Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, has deployed its trailing suction hopper dredger Volvox As
Teekay Tankers, part of Teekay Group, operates a fleet of over 95 tankers, including aframax, long range (LR), medium range (MR), suezmax and very large crude carrier (VLCC) vessels. In this video, Chrisitian Waldegrave, Head of Research at Teekay, is offering insights into global tanker market for
At least three factors have substantially cut the fuel consumption of containerships: slow-steaming, the trend towards larger, more fuel-efficient ships and restrictions placed by governments on ships coming into the ports, Drewry Supply Chain Advisors report in this month’s Logistics Executive Brie
The 5th International Conference on Estuaries and Coasts (ICEC), organized by Sultan Qaboos University, will take place on November 2-4, 2015 in Muscat, Sultanate of Oman. The Middle East region is going through an era of rapid coastal development which may be attributed to the strategic location of
Uncertainties plaguing the oil and gas markets are deeply intertwined with global storage capacities which are believed to be facing shortages. “There are conflicting reports about whether there is a shortage of storage for oil,” Edwin Lammers, Executive Commercial Manager at SOHAR Port and Freezone
The global marine propulsion engines market is expected to reach USD 10.95 billion by 2020 from USD 8.23 billion in 2013, according to a new study by the US based market research and consulting company Grand View Research. Significant modernization in marine propulsion as a direct consequence of inc
Infrastructure investment and the expansion of free trade zones as well as regulatory reforms are key for the continuing growth of Oman as a gateway and commercial center for the Persian Gulf Region, APM Terminals CEO Kim Fejfer said in a keynote address at the second annual GCC Supply Chain & Logis
