Overall confidence levels in the shipping industry rose in the three months ended August 2015 to their highest level this year, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Respondents to the survey were concerned predominantly
The crew of the Panama-flagged M/V Aegean Princess are running out of basic provisions as they enter the eighth month of being stranded off the coast of Sharjah, the UAE. In a letter addressed to the Dubai Maritime City Authority (DMCA) the seventeen crew members of Indian nationality and their capt
The crew of the Panama-flagged M/V Aegean Princess are running out of basic provisions as they enter the eighth month of being stranded off the coast of Sharjah, the UAE. In a letter addressed to the Dubai Maritime City Authority (DMCA) the seventeen crew members of Indian nationality and their capt
Interested in how many piracy incidents have taken place this year? The following infographic provides you with key information on the main piracy hot spots along with key figures on pirate activity so far this year. In addition, there are also some tips on techniques used to fend off pirates, so ta
Interested in how many piracy incidents have taken place this year? The following infographic provides you with key information on the main piracy hot spots along with key figures on pirate activity so far this year. In addition, there are also some tips on techniques used to fend off pirates, so ta
This year’s idle container ship fleet of above 500 TEUs has fallen to the lowest level recorded since 2011 but there is still a significant amount of hidden excess capacity, according to Alphaliner. The 500 TEU+ idle container ship fleet averaged only 310,000 TEUs for the first nine months of 2015,
This year’s idle container ship fleet of above 500 TEUs has fallen to the lowest level recorded since 2011 but there is still a significant amount of hidden excess capacity, according to Alphaliner. The 500 TEU+ idle container ship fleet averaged only 310,000 TEUs for the first nine months of 2015,
The global shipping industry is already delivering carbon neutral growth having reduced total CO2 emissions by more than 10% since 2007, despite an increase in maritime trade, according to the International Chamber of Shipping (ICS). CO2 emissions from international shipping now represent just 2.2%
The global shipping industry is already delivering carbon neutral growth having reduced total CO2 emissions by more than 10% since 2007, despite an increase in maritime trade, according to the International Chamber of Shipping (ICS). CO2 emissions from international shipping now represent just 2.2%
Kenyan and U.S. authorities have reportedly found drugs and illegal weapons onboard the Pure Car/Truck Carrier Höegh Transporter which was raided by anti-drugs commando teams in the Port of Mombasa last Thursday, September 17, according to local media. The drugs and weapons were reportedly found ins
Kenyan and U.S. authorities have reportedly found drugs and illegal weapons onboard the Pure Car/Truck Carrier Höegh Transporter which was raided by anti-drugs commando teams in the Port of Mombasa last Thursday, September 17, according to local media. The drugs and weapons were reportedly found ins
Diminishing profitability in the container shipping sector is expected to continue until the end of the year keeping major carriers on the thin ice, according to the UK-based shipping consultant Drewry. The downward trend that pushed the carriers’ revenues down in the first year-half, continues exer
Diminishing profitability in the container shipping sector is expected to continue until the end of the year keeping major carriers on the thin ice, according to the UK-based shipping consultant Drewry. The downward trend that pushed the carriers’ revenues down in the first year-half, continues exer
The International Maritime Organization (IMO) has warned of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 2006-built bulk carrier Bulk Jupiter in January 2015. The Bahama-flagged Bulk Jupiter
