Sailors' Society launches app for port chaplains Port chaplains can now track and follow up on care given to seafarers using a new phone app. Launched by the charity Sailors' Society, the Chapplaincy Android phone app will also collect data on mariner health and welfare. "The app will be used initially by our port chaplains to track ships
Nigeria to deploy drones to combat oil theft Nigeria is to deploy drones to monitor the movement of ships in an attempt to curb oil theft. The Nigerian National Petroleum Corporation (NNPC) says it wants to end crude theft in under a year. In a statement, the new head of NNPC Ibe Kachikwu said they planned to deploy drones to curb illegal
Passengers trapped as migrants try to storm Greek ferry The Greek Coast Guard in the eastern Aegean island of Lesvos was forced to use even stun grenades to push back an angry crowd of refugees demanding to sail to Athens. About 1,000 refugees, mainly from Afghanistan, attempted to embark on the Blue Star 1 ferry shouting "Athens, Athens". The same time
Bharati shipyard revival plan unveiled Edelweiss Asset Reconstruction Company (ARC) has revealed its priorities for reviving India's Bharati Shipyard, which is looking to complete 21 orders over the next 18 months. Edelweiss ARC has taken more than 70% of the shipyard's INR50 billion (USD800 million) debt, partly drawn by the ailing
Manila launches booking system to curb congestion Manila International Container Terminal (MICT) has soft launched a vehicle appointment system to alleviate congestion. Terminal Appointment Booking System (TABS) is an electronic platform for selected user groups to book containers at Manila's two international ports, said MICT's parent company
KSS Line seals 7-year charter with Gyxis KSS Line has secured a seven-year charter contract with Japanese LPG trading outfit Gyxis Corporation. The KRW165 billion (USD138.63 million) contract starts in July 2017, the South Korean LPG and chemical shipping specialist said on 4 September. To service the contract, KSS Line has ordered an
NYK establishes first ro-ro terminal in Saudi Arabia NYK has established its first exclusive roll-on/roll-off (ro-ro) terminal in Saudi Arabia at King Abdullah port (KAP). KAP RORO Terminal is a joint-venture initiative between the Japan-headquartered shipping company and Saudi Arabia-based Ports Development Company (PDC). Scheduled to start full
Arbitration dismisses claim against COSCO Corp COSCO Corporation has been cleared from making additional payments to Dalian Deepwater Developer over a cancelled drillship order, says the shipbuilder. On 4 September, COSCO Corporation said a London arbitral tribunal had ruled it is not liable to further claims over the USD500 million order,
China holidays push up LPG freight rates Freight rates to ship LPG on very large gas carriers (VLGCs) have risen by USD10/tonne since 27 August. Rates on the benchmark Gulf-to-Far East route averaged USD86.75/tonne on 3 September, up from USD76.75/tonne on 27 August. Based on bunker prices in Fujairah, the latest rate works out to daily
MPA, NUS form Centre for Maritime Law in Singapore The Maritime and Port Authority of Singapore (MPA) has partnered the National University of Singapore's (NUS') law faculty to establish the Centre for Maritime Law (CML) and MPA Professorship in Maritime Law. The establishments aim to boost Singapore's expertise in maritime law research and thought
Australia-Indonesia border tensions thaw Australia and Indonesia shook hands and made up last week, with the launch of a joint maritime enforcement training capability at the Jakarta Centre for Law Enforcement Cooperation (JCLEC). It is the first thaw after two years of tensions arising from Australia's unilateral policy of towing back
Rights offerings, corporate governance and shareholders' rights Rights offerings provide a cost effective & equitable way to raise new capital for smaller companies, unlike public offerings
Preservation technology drives demand for reefer shipping, says APL Improved atmospheric control has made the once far off markets become reachable
Lloyd's List launches The Intelligence Publication represents just one part of an unprecedented global expansion of reporting and analytical resources that will significantly increase the depth and scope of our coverage
Swedish Club unveils $6.3m first-half deficit International Group member hit by five total losses
Dorothea Ioannou given global role for American Club Greece-based manager given job of co-ordinating club's business efforts across all regions
North Europe ports "congested and under-used both at same time" Ultra large containerships and unreliable schedules play havoc with port operations, says Dynamar
Shipping professionals confirm UK as globally competitive for shipping Maritime cluster, political stability and location all favour Britain, CoS survey finds
David Dingle appointed Maritime UK chairman Praise given to outgoing chairman Lord Mountevans for raising profile of maritime industry within government
Cosco Singapore unit settles $500m shipbuilding dispute Subsidiary Dalian Shipyard resolves longstanding arbitration over terminated contract
NYK to establish ro-ro terminal in Saudi Arabia First exclusive ro-ro terminal in Saudi Arabia will be operational by the third quarter of 2016
Singapore's NUS and MPA set up Centre for Maritime Law Singapore's NUS and maritime authority act to strengthen city state's expertise
Dry bulk shipping recovery likely in 2017 Slow, gradual improvement to result from limited fleet expansion and rising demand growth, Drewry says
VLGC spot market rallies Spate of fixtures injects new life back into VLGC spot trade
Greek connection hangs by a non-dom thread Service industries do not generally survive the absolute disappearance of their biggest and most accessible customers, and this may include the UK maritime industry
Dealing with China's invisible hand The state is an invasive force in strategic industries. What lessons can shipowners draw to guide their business in this essential nation to shipping?
Beijing's scrap-and-build subsidy scheme turns out to be 'members only' The door is closed to small and medium-sized shipping enterprises, which aren't on the beneficiary list
Bulker evolution: the bigger, the better? This century's bulker fleet development has confirmed the No 1 principle in shipping: size matters. But does going large really benefit shipowners?
Will shipping benefit from fluctuations in oil supply and demand? The oil price, rate of demand, the country of origin and a lifting of the US oil ban may well play a role in future oil tanker movements
UK shipping looks for its cool Britannia moment Heritage and international branding are important ingredients in Britain's shipping play, but there must be substance behind the style as international competition hots up
Safe at sea with Britain Freedom, fairness and free trade are essential to the British maritime spirit
Get used to it Shipping must grapple with doing business in China on Chinese terms
Tale of two cities There is a huge difference in the gravity of the threat facing both London and Athens
Box lines going large must exercise some scrapping virtue Ultra large containerships offer greater fuel efficiency and lower slot costs but the equation only works if they are full
Middle Eastern promise delights the product sector Refinery expansion has quadrupled long range tankers' earning power, but there's still more in the pipeline
Homeland insecurity What are the chances of a shipping 'Grexit' that could redraw the map for competing maritime hubs?
Car carriers must face up to a shifting future Analysts predict base growth in waterborne car shipments, but not to the degree seen before the 2008 economic crash
Porto Alegre shippers happy to get Brazil box boost after six-year wait Container Terminal Santa ClaraAfter six years out of the game, Brazil's Container Terminal Santa Clara, or CONTESC, will return to handling containers starting October, according to its joint owners Wilson, Sons and Braskem, and a new container barge service will start up to serve it. Wilson, Sons - which also operates...
More about overcapacity, sliding Pacific rates don't negate peak season Freight rates on the spot markets continued their downward trend in early September, but shippers as well as carriers continue to say there will be a peak shipping season this year, and it will take place from October into early November. "The overall feeling we're getting is that importers are more...
AirBridgeCargo launches Singapore service AirBridgeCargo, which has so far outperformed its European rivals this year, has begun operations connecting Moscow to Singapore's Changi Airport. The service began Thursday and is an effort to capitalize on growing cargo volumes between Russia and Singapore, which have grown 16 percent annually between 2010 and 2014, according to AirBridgeCargo. That...
Saab enters port management technology market Belfast HarborAerospace and defense company Saab has entered the port management technology market in the United Kingdom. At the start of the month, Belfast Harbour Commission commenced live operations with the Swedish group's KleinPort system. The harbor is using KleinPort to manage and track vessel operations and services, record cargo data,...
XPO Logistics Europe CEO abruptly resigns Hervé Montjotin, who led Norbert Dentressangle before its acquisition by XPO Logistics earlier this year, has abruptly resigned from the position of CEO of XPO Logistics Europe. Troy CooperTroy Cooper, currently COO of XPO's global operations, will retain his position while also taking over the role of CEO of the European...
UTi lowers forecast as losses deepen Logistics provider UTi Worldwide lowered its earnings forecast for its current fiscal year as the company reported deeper second quarter losses caused by declining ocean and air freight volume. CEO Edward G. Feitzinger said the normal second quarter forwarding growth of about 5 percent in air freight kilos and 10 percent...
Greece seizes cargo ship carrying weapons to Libya Greek authorities seized a cargo ship carrying undeclared weapons to Libya this week in the Mediterranean, which has become a become a thoroughfare for refugees, migrants, smugglers and terrorists in recent months. According to the Greek coast guard, a Bolivia-flagged general cargo vessel off the coast of Crete was stopped Tuesday as...
CMA CGM raises rates on U.S.-Asia cargo CMA CGM will raise rates on cargo heading from the U.S. to Asia at a time of falling U.S. exports. The Oct 1. general rate increase will be $240 for 20-foot containers and $300 for 40-footers, 40-foot high cubes and 45-foot containers, according to a Tweet by Catapult International. U.S. exports...
OOCL joins other carriers in September GRI OOCL America departing Southampton Western docks. Credit: EDDIE Orient Overseas Container Line, or OOCL, has joined the ranks of carriers this month announcing general rate increases for goods moving from Asia to Europe, despite the persistently weak market on those lanes that has undercut monthly GRIs for most of 2015. Effective Sept....
Russia's Baltic ports can't escape falling volumes Port of St. PetersburgContainer traffic through Russia's Baltic seaports plummeted 32 percent in the first half, showing that even Russian ports that serve as gateways to the country's most important cities, like Moscow and St. Petersburg, will not be able to escape the wrath of the Russian recession. Russia's baltic ports...
MOL tests energy-saving container ship windshield Mitsui O.S.K. Lines is testing a container ship windshield that the Japanese carrier hopes will reduce wind resistance, save fuel, and reduce carbon dioxide emissions by an average of 2 percent. The horseshoe-shaped windshield was installed on the bow of the MOL Marvel, a five-year-old ship that has capacity of 6,700...
Container ship sinks in Java Sea The KM Meratus Banjar 2 sank in the Java Sea, claiming the lives of two sailors. The ship, operated by Meratus Line, an Indonesian shipping company, sank around 10 a.m. local time Wednesday after taking on water in the engine room, according to MetroTVNews, an Indonesian media organization. The KM Meratus Banjar...
Maersk Line expands India-Africa service Maersk Line is upgrading its Middle East-South Africa-West Africa, or Mesawa, service by adding a direct call at Colombo, Sri Lanka, in an attempt to pick up additional cargo. The weekly service will begin calling at Colombo, a major transshipment hub in the region, on September 13, according to a company...
Two rises in a row for volatile Asia-Europe spot rates HONG KONG - Spot freight rates on trade lanes from Asia to Europe and the Mediterranean held on to gains from the Sept. 1 general rate increase, rising for the second successive week, according to the latest reading of the Shanghai Containerised Freight Index.The spot rate from Asia to North...
Logistics adds competitive edge in chemicals sector, DHL research finds HONG KONG - The world's chemical industry could significantly increase its competitive advantage by treating logistics as a key differentiator as other global industries do, according to research commissioned by DHL. In a white paper titled "Supply chain in the boardroom - 5 levers to boost a chemical company's bottom...
Two rises in a row for volatile Asia-Europe spot rates HONG KONG - Spot freight rates on trade lanes from Asia to Europe and the Mediterranean held on to gains from the Sept. 1 general rate increase, rising for the second successive week, according to the latest reading of the Shanghai Containerised Freight Index.The spot rate from Asia to North...
Not enough in-transit info from lines, Aussie fruit shipper complains HONG KONG - An Australian fruit exporter has complained at the lack of transparency provided by shipping lines following faulty in-transit cold disinfestation treatment, a problem that can lead to the costly redirection of cargo.The cold treatment, known as ICT, is required by many countries around the world to eradicate...
Port Tampa Bay CEO named chairman of Florida Ports Council Port Tampa BayPort Tampa Bay president and CEO Paul Anderson has been named chairman of Florida's ports council, where all 15 of the state's public seaports have been making a concerted effort of late to lure new business to the Sunshine State's marine gateways. A former federal maritime commissioner, Anderson brings...
Term fixtures for Peace Peace Ocean Shipping of China has locked away two panamax bulkers for up to six months, market data show.
Princess faces the torch A 29-year-old bulk carrier is poised to make its final journey after fetching $2.4m in a demolition sale.
Avance to dock newbuild Avance has found the condition of one of its two newbuildings at Jiangnan Shipyard is not acceptable and decided to dock the ship upon delivery.
Saverys bids to take CMB private Marc Saverys is looking to take Compagnie Maritime Belge (CMB) private in a EUR 279m ($310m) bid to make the company more competitive and efficient.
AHTS supply chopped Burst of fixing in North Sea gives owners small boost ahead of weekend.
CLdN orders ro-ro pair Shortsea specialist in expansion mode with two firm orders and plans for 10 more.
LNG ferry pushed back German shipbuilder Fassmer cites technical issues for the delay of AG Ems newbuilding.
Rieber scraps charter GC Rieber has terminated a charter agreement with the UK's Ceona Chartering for a multi-functional support vessel.
NYK launches ro-ro hub Japan's Nippon Yusen Kaisha (NYK) has established its first exclusive ro-ro terminal operating company in Saudi Arabia.
HHI workers walk out Unionised workers at Hyundai Heavy Industries (HHI) staged a partial strike on Thursday in a row over pay.
LSC loss widens Lithuanian Shipping Company (LSC) has seen its deficit grow in the second quarter as loans remained overdue.
Morning Glory for sale Libya is planning to sell a tanker that carried crude from a rebel-held oil terminal in March 2014.
Siem raises $100m Oslo-listed offshore owner completes issue of new shares to bring in fresh cash.
Salamis targets Russia Greece's Salamis Shipyards is in talks over a new joint venture in the annexed Russian territory of Crimea.
Marina eyes yard boost The Philippines' maritime industry authority (Marina) is in talks with the Development Bank of the Philippines (DBP) over cash incentives for shipbuilders.
Schulte retrofits boxships German owner contracts Wartsila to install ballast water systems on 11 vessels.
Dingle heads Maritime UK Carnival UK chairman David Dingle is the new leader of industry coalition group Maritime UK.
ABG cuts back Struggling ABG Shipyard has suspended production on some vessels as its loss widened.
Iran output to rise 40% Iran's crude production will increase by at least 40% as sanctions are lifted, according to its oil minister.
UK courts back Cosco Cosco Corp (Singapore) has successfully won an arbitration in London over alleged delays to a deepwater drillship newbuilding.
Fairview buys into GasLog A US-based hedge fund has emerged as the latest significant shareholder in the Peter Livanos-backed GasLog.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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