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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...