Executives and analysts are painting a generally positive post-Brexit picture for crude and product tanker owners, but are warning of negative implications for the dry bulk and container ship sectors.
Maersk Line, the container shipping unit in the A.P. Moller-Maersk (APM) group of Copenhagen, said that it would send more vessels and that they would be larger than so far through the expanded Panama Canal, which opened for business yesterday.
IHS Maritime & Trade’s AIS Live data indicate that, among the key vessel types, there have been more than 400 fewer transits of the Panama Canal from the start of 2016 to the end of May than in the same period in 2015.
Shem Oirere reports on ports’ efforts to circumnavigate the energy inefficiencies that are hampering the African continent from fulfilling its potential.
Demolition. Reclamation. Construction. Added capacity. Options. There are a full range of tasks to be carried out and goals to be achieved at the Port of Trois-Rivières, which is preparing for the future amid an increase in port construction projects in eastern Canada, as Scott Berman reports.
Daewoo Shipbuilding & Marine Engineering (DSME) said today that it had been provided with refund guarantees by its main creditor Korea Development Bank (KDB) to construct vessels ordered recently by John Angelicoussis.
Taiwanese shipbuilder China Shipbuilding Corporation (CSBC) has announced that Zheng Wen-Lung, former deputy CEO of Kaohsiung Shipyard, has been named as its chairman for the second time following the retirement of Robert Lai.
Berth congestion at Myanmar's Port of Yangon has eased but congestion in container yards due to an imbalance between imports and exports continues to cause delays at the port’s container terminals.
Taiwanese ship operator Sincere Industrial has ordered six 34,000 dwt bulk carriers at Namura Shipbuilding in Japan.
Panamanian bulker Benita remains aground on the reef off southern Mauritius, but by the end of the week the salvors, under the direction of senior salvage master Nikolaos Pappas, hope to begin refloating operations.
Confusion surrounds the events that led up to Panamanian bulker Benita running aground on rocks off southeast Mauritius on 17 June.
America’s six major container port operating authorities have set in motion plans they hope will ensure that a new worldwide box-weighing regime pans out without a hitch on the 1 July start date.
America’s top safety official has challenged the country’s busiest energy gateway to consider using autopilot technology onboard ships while transiting the Houston Ship Channel.