An ominous cloud seems to be hovering over the tanker market as the sector sails into another challenging year.
Saudi Aramco, HHI, Bahri, and Lamprell Plc launch their International Maritime Industries joint venture.
Tomini Shipping starts off the year by welcoming three new Ultramaxes into the fleet.
2017 Year in Review: Editor’s picks of the year
2017 Year in Review: Here are the year’s biggest news stories
Our picks for the top maritime images of 2017.
Shipowners appear to be unfazed by the likelihood of low profits continuing into the next year.
Environmental legislation will be at the top of the agenda of Angus Frew, Secretary General & CEO of BIMCO.
There is a strong interest of shipowners in retrofitting their ships with liquefied natural gas-powered (LNG) engines in order to meet the requirements of the Ballast Water Management (BWM) Convention, a survey shows. Specifically, according to the findings of SMM’s first Maritime Industry Report, s
Readers’ Picks of the Week (November 20-24, 2017)
UAE-based Tomini Shipping, the shipping subsidiary of Tomini Group, has ordered three 82,000 dwt Kamsarmaxes from the Chinese shipbuilder Taizhou Kouan Shipbuilding. The vessels are scheduled for delivery in the second half of 2019 onwards and follow the company’s order from June for three newbuildi
The container shipping industry will have to ride out a bumpy period amid an anticipated seasonal decline in volumes spilling into the first quarter of next year and growing supply of ships. According to BIMCO, handling this will be a recurring seasonal challenge. “Bearing in mind that freight rates
The introduction of autonomous ships, often described as the next step for the maritime industry, is looming as projects have already been launched to make the smart ship concept a reality. One of the examples is the construction of the world’s first electric and autonomous containership, Yara Birke
Despite somewhat increased activity in terms of new orders in the product tanker sector in the first nine months of 2017, the orderbook remains at historically low levels, as disclosed by Capital Product Partners L.P. in a market commentary. The MR product tanker orderbook currently stands at 7.2% o
