Zim Seals Vessel Sharing Deal with 2M Alliance
On January 11, the Israeli-owned container ship operator Zim and the 2M Alliance, which consists of Maersk Line and Mediterranean Shipping Company (MSC), has announced a new vessel sharing deal that is of more...
Bunker One Opens in Germany, to Supply 0.5% Fuels from Mid-2019
The Seatrade Maritime’s Asia Correspondent Lee Hong Liang reports that the German arm of the fuel supply company Bunker Holding Group, Bunker One, has expanded into Germany to service all ports at the German...
Unipec Tightens Grip as World’s Leading Dirty Spot Charterer
According to a regular annual survey carried by New York tanker brokers Poten & Partners, Unipec continues to remain the world’s dominant dirty spot charterer.
Cements a strong position
The Chinese subsidiary of Sinopec strengthened its position...
VIDA : Common-sense Regulatory Relief Without Sacrificing Water Protections
VIDA is Common-sense regulatory relief for vessel operators
It prohibits state and local authorities from adopting any regulations related to vessel incidental discharges, unless identical to the federal standards.
VIDA provision passed the...
Tighter Vessel Space and Political Tensions to Impact European Shipping Industry
From 2019 onwards, the vessel space is all set to be tightened with no significant newbuilds.
As the IMO 2020 comes closer with shipping companies gear up for fuel change.
Trade war continues...
IMO 2020 a Game Changer: Charter Ships to Recover Scrubber Investment
The shipping industry is all set to face an interesting year in 2019 with the delivery of 46 ULCVs.
The consultants predict a higher tonnage and a global fleet expansion with scrapping and...
Navios Orders New VLCC From Imabari
Navios has ordered a newbuild VLCC from Imabari Shipyard scheduled for completion in autumn 2020.
Imabari expects the improved ship design to reduce fuel consumption by up to 18%.
In-built scrubbers of ship...
Bulk Carrier S&P On The Up Despite Market Low Point
In recent weeks we have seen a steady increase in Sale and Purchase (S&P) activity, despite the downward pressure that the dry market has been experiencing both on the spot and period front, says...
Cargo Cartel ‘Super Alliance’ ! Hong Kong Probes Container Trade Club
Four of five operators at one of the world’s busiest container ports plan to join forces to increase profits.
Other competitors in the trade fear that this team with 95 per cent market...
Keppel Starts 2019 with US$220M LNG Orderbook
In a major development, Keppel Offshore & Marine has announced that they are about to start work on a combined S$300M (US$220M) in new projects, including one to design and construct an ice-class LNG bunker vessel,...