The intra-Far East trade will continue to power the demand for containerships this year, as carriers develop further regional services within East Asia, said shipping analyst Alphaliner. By the end of June, at least 33 new intra-Far East weekly loops will have been launched, based on Alphaliner reco
A UN-chartered ship carrying humanitarian aid to Yemen was shelled by rebel forces thus preventing the ship from docking in the country’s port of Aden. As informed, the ship loaded with 7,000 tons of food is believed to had been targeted by the Shiite Huthi rebels when it was within a nautical mile
The first classification society in United Arab Emirates and in the Gulf Cooperation Council (GCC) region Tasneef has signed an agreement to issue classification and calibration certificates for two of ADNATCO’s container ships – AL BAZM-II and AL SADR-I. These two vessels are the first of their kin
SOHAR Port and Freezone welcomed the inaugural call of the container vessel ‘Messini’ on Friday, marking the official start of a new service to major ports in South Asia, launched jointly by Evergreen and Simatech. The ceremony also celebrated the continued growth of SOHAR Port, having in mind that
Middle Eastern container carrier United Arab Shipping Company (UASC) has ordered 3,500 reefer containers for its newly launched North Europe – US East Coast (NEU1) service. The service consists of a weekly sailing making five direct port calls in North Europe to the principle ports of Le Havre, Antw
Response to Purple Beach Fire Resumes Salvage operation of the Purple Beach freighter off Germany has entered its fifth day today with three ships back at the scene ready to reduce the remaining cloud of smoke coming out of the … Read more Maersk Karachi Ablaze at Bremerhaven Port The 300-meter cont
Workers of Israel’s Haifa and Ashdod ports agreed to go back to work ending their strike launched on Wednesday over the privatization of the country’s two major ports. Some 2,400 workers resorted to industrial action which resulted in shutting down of the country’s ports, with around 40 ships pendin
The Kingdom of Jordan has received its first Liquefied Natural Gas (LNG) cargo on board the Floating Storage and Regasification Unit (FSRU), Golar Eskimo, marking the official commissioning of the terminal. The FSRU arrived in Aqaba, Jordan on 25th May 2015, where it will be permanently moored on th
MarineTraffic, a global AIS vessel tracking service, believes that open data can positively increase the competitiveness and efficiency of the shipping industry. Speaking at the Union for the Mediterranean stakeholder conference, “Towards a Roadmap for Blue Investment and Jobs in the Mediterranean”
Israeli ports of Ashdod and Haifa are closed today as port workers resume strike over privatization of the country’s two major ports. Namely, Chinese Shanghai International Port Group (SIPG) has won a tender to operate the new port being developed in Haifa Bay whereas Dutch Terminal Investment Limit
The first quarter of 2015 saw a material fall in demand and charter rates for LNG shipping, Golar LNG Limited said in a commercial review of LNG shipping and FRSU performance. Average spot rates during the quarter were USD 40-45,000/day for TFDE vessels and USD 30-35,000/day for steam turbine vessel
Charterers representing twenty percent of global shipped tonnage now have policies in place to avoid using the most inefficient ships based on the GHG Emissions Rating, according to a nonprofit organisation Carbon War Room. In the past two and a half years, usage of the GHG Emissions Rating and the
Following the bombing of one of its tankers by the internationally-recognized government forces, the National Oil Corporation of Libya called on the eastern forces to stop the damaging attacks. NOC condemned the attack in a statement, saying the incident had considerable harmful consequences on the
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
