STX Pan Ocean has suffered another ship arrest following claims by World Fuel Services (Singapore) Pte Ltd (WFS) that the debt-ridden shipping firm has failed to pay bunker bills totalling close to $2m.
MOL Comfort, a Bahamas-flagged, 7,041-teu containership remained drifting in two parts in the India Ocean after it suffered a major structural failure, as rescue and…
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While it is putting greater hope on its foreign ports, Hong Kong-based port operator China Merchants Holdings (International) is concerned about slowing throughput growth at…
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Germany-based shipowner Conti Reederei has placed an order to build up to eight 63,800 dwt dry bulk carriers at China-based Jiangsu Hantong Ship Heavy Industry.
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Asia-based small tanker owner Yujin International has managed to claim back about $6m of advanced payment made earlier for a pair of chemical tankers being…
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Three leading container lines, CMA CGM, Maersk Line and Mediterranean Shipping Company (MSC), will establish an alliance on the East-West trades to improve and optimise…
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The container ship orderbook has fallen below 20% of the world trading fleet on a twenty foot equivalent unit (teu) capacity basis, Braemar Seascope has…
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The International Maritime Organisation (IMO) has chosen Det Norske Veritas (DNV) to research the potential of LNG as a fuel in the North American Emission…
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The International Maritime Organisation (IMO) has chosen Det Norske Veritas (DNV) to research the potential of LNG as a fuel in the North American Emission…
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