The shipping industry, which has ailed for years, is finally showing signs of recovery. The sector has struggled with overcapacity, price wars and freight rates far below break-even levels. Now, thanks to the improving global...

The recent dip in oil prices may give private equity investors a window to acquire assets as publicly listed companies take a pause after a flurry of activity earlier this year. Austin Lee, an...

China’s SITC continues its rapid fleet build up, cementing its position as the nation’s largest private boxline. With the acquisition of the 1,043 teu from Germany’s Harmstorf, SITC, an intra-Asia specialist, is now a...

The Baltic Dry Index added 21 points on Monday, its fourth consecutive session of gains, to reach 870 points as the shipping sector is finally seeing some strength after a protracted period of weakness. Ship...

A truck in front of the main towers at he China-Kazakhstan Horgos International Border Cooperation Center. On the border of China and Kazakhstan, an international free trade zone has become a showpiece of Chinese President...

A vessel built for Hong Kong’s Orient Overseas Container Line (OOCL) has earned the title of being the world’s largest container ship in terms of carrying capacity. The new ship, measuring 400 meters in length,...

The important bunkering port of Fujairah in the UAE has issued an amendment to its 5 June notice banning vessels flying flags of Qatar or vessels destined to or arriving from Qatar. Yesterday's notice appears...

The 174,000m³ Cesi Beihai, completed by the Hudong Zhonghua yard in China on 2 June, is the 500th vessel in the live LNG carrier fleet. The landmark vessel joins the fleet at a time of...

According to the latest statistics, over 25 percent of people will experience a mental health problem at some point in their lives and for those working offshore, this figure is significantly and potentially dangerously...

A reconstruction to show how the aluminium ladder had been rigged Summary On 28 April 2016, the Maltese-registered ship Seagull was at anchor outside Trincomalee port, Sri Lanka, awaiting supply of bunkers. In order to...