Container service reliability made another steady improvement in June with the aggregate on-time performance for the three key East-West trades rising by 5.7 percentage points to extend the data-series record to 77.3%, according to Drewry’s Carrier Performance Insight. The latest on-time month-on-mo
French shipping company CMA CGM is about to start calling at southern Iranian port of Shahid Rajaei as of next month. The announcement was made by Ebrahim Idani, director general of Hormozgan Ports and Maritime Department, Iran’s Tasnim news agency reports. According to Idani, the first CMA CGM ship
French shipping company CMA CGM is about to start calling at southern Iranian port of Shahid Rajaei as of next month. The announcement was made by Ebrahim Idani, director general of Hormozgan Ports and Maritime Department, Iran’s Tasnim news agency reports. According to Idani, the first CMA CGM ship
As Iran readies to unleash its tanker fleet into the international waters following a deal on lifting of nuclear sanctions agreed upon between Iran and the six world powers in Vienna, all eyes are on Iranian tanker capacity with industry analysts predicting how might the addition of this fleet influ
As Iran readies to unleash its tanker fleet into the international waters following a deal on lifting of nuclear sanctions agreed upon between Iran and the six world powers in Vienna, all eyes are on Iranian tanker capacity with industry analysts predicting how might the addition of this fleet influ
The Woodlands-based specialist in floating LNG solutions Excelerate Energy L.P. has completed the first Ship-to-Ship (STS) transfer of LNG at the Engro Elengy LNG Terminal located in Port Qasim, Pakistan. Excelerate’s floating storage and regasification unit (FSRU), Exquisite, received 130,000 cubic
The Woodlands-based specialist in floating LNG solutions Excelerate Energy L.P. has completed the first Ship-to-Ship (STS) transfer of LNG at the Engro Elengy LNG Terminal located in Port Qasim, Pakistan. Excelerate’s floating storage and regasification unit (FSRU), Exquisite, received 130,000 cubic
Singapore’s offshore support vessel provider Vallianz Holdings Limited has penned new contracts valued up to USD 458 million that have lengthened the charter duration for 19 of its OSVs. The OSVs are currently deployed to an existing customer in the Middle East, which is one of the world’s largest n
Singapore’s offshore support vessel provider Vallianz Holdings Limited has penned new contracts valued up to USD 458 million that have lengthened the charter duration for 19 of its OSVs. The OSVs are currently deployed to an existing customer in the Middle East, which is one of the world’s largest n
The United States is reported to have removed the Islamic Republic of Iran Shipping Lines (IRISL) and the country’s ports operator Tidewater Middle East Maritime Company from the US blacklist of companies subject to sanctions and asset freeze, local media reports. The names of 16 shipping executives
The United States is reported to have removed the Islamic Republic of Iran Shipping Lines (IRISL) and the country’s ports operator Tidewater Middle East Maritime Company from the US blacklist of companies subject to sanctions and asset freeze, local media reports. The names of 16 shipping executives
Iran’s oil-shipping giant National Iranian Tankers Company (NITC) is ready to make a comeback on the European and international markets as soon as possible following a deal on lifting of nuclear sanctions agreed upon on Tuesday between Iran and the six world powers in Vienna, a company official conf
Iran’s oil-shipping giant National Iranian Tankers Company (NITC) is ready to make a comeback on the European and international markets as soon as possible following a deal on lifting of nuclear sanctions agreed upon on Tuesday between Iran and the six world powers in Vienna, a company official conf
Weekly capacity on Far East to US East Coast all-water services has surged by 20% year-on-year, to reach a record high of 143,000 teu this month, according to market analyst Alphaliner. A total of 25 weekly strings currently serve the trade, four more than one year ago. Six strings were launched bet
