Mixed Bag Good for Brokers

By JASON JIANG All week we’re looking at prospects for 2017.  Today, chief correspondent Jason Jiang goes through the various sectors. The year of 2016 has...

Top 5 Performing Bulkers

Lloyd’s List Companies: Premature to say dry bulk woes are over? Is It too early to declare the dry bulk woes are formally over? Shaking off...

VLCC Rates to Slide from Nine-month High on Lower Cargo Volumes

Freight rates for very large crude carriers (VLCCs), which hit a new nine-month high this week, are on course to soften amid a weaker...

Fleet Growth Squeezes Crude Oil Tanker Market

From January 2014 - October 2016 the crude oil tanker segment composing of VLCC, suexmax and aframax ships, had a net-fleet growth of 7.3%,...

Top 10 News that Shook the Shipping Industry in 2016

The shipping industry had an unforgettable year in 2016 with its fair share of ups and downs. Early 2016, a major shipping line filed...

19 Crew Members Missing After Ship Sinks Off Mindoro

Typhoon NINA: 19 crew members missing from passenger ship, Roro vessel sinks and many more ships aground On December 26, a passenger vessel has reportedly...

Drone Footage Reveals South Devon’s Forgotten Shipwrecks

A team of scuba divers who took to the air with video drones to trace 60 shipwrecks lost off the South Devon coast have...

P&I Insures 50 Iranian Vessels

50 Iranian vessels obtain P&I insurance A large portion of Iran’s shipping fleet has regained Protection & Indemnity (P&I) insurance from Steamship Mutual. Jonathan Andrews, Director...

MANSA Seeks to Revise Propose Bank Guarantee Amount

Mumbai and Nhava Sheva Ship Agents Association (MANSA) has requested the Mumbai Port Trust to re-consider the proposed bank guarantee amount levied on vessels...

Will Sulphur Cap Result in Increased CO2 Emissions?

The IMO's decision to implement a 0.50 percent global sulfur cap on marine fuel from 2020 could result in an overall increase in emissions...