The tanker sector is facing a major shortage of qualified officers, fuelled by a spike in new vessels and industry-wide issues with crew training and retention
China has become the world’s second-biggest marine insurance market, even while most of what has been written has focused instead about the wider global economic shift from west to east.
The global shipping industry is considering the best options for complying with the sulphur cap regulations that will be imposed from 2020.
Wet cargo volumes managed by its shipping and chartering division Trafigura Maritime Logistics soared to 152 million tonnes.
The news comes about a week after the company said it had signed a 20 year contract with Quantum Power Ghana Limited to operate a FSRU in the port of Tema.
North of England P&I Club’s (North) annual renewals update in London Paul Jennings told brokers that they needed to approach the renewals with the mindset that the best interests of shipowners was a joint responsibility.
Executive editor Nicola Good named international editor of the year and America’s editor Greg Miller wins social media prize
DSME executives have been hit with a significant pay cut as the South Korean shipbuilder struggles to reduce costs.
Singapore's Commercial Affairs Department (CAD) has released on bail eight past and present Swiber executives as it investigates the company's alleged misleading of investors.
SM Group, parent of Korea Line Corporation (KLC), has given up on buying Hanjin Shipping's 50% stake in the operator of a container terminal in Long Beach, clearing the path for a joint bid by the operator's other shareholder, Mediterranean Shipping Company (MSC), and Hyundai Merchant Marine (HMM).
South Korean shipowner Kings Ocean Shipping has vacated its Seoul office and, according to chartering sources, ceased operating.
Concerted efforts to restore and possibly deepen Uruguay’s Martin Garcia channel have been long-awaited but dogged by controversy. Sita Taylor reports.
German bunker fuel trader and supplier Bomin announced further cuts to its global network of offices on Tuesday amid a rising trend in crude and fuel oil prices and forthcoming challenges related to the 0.5% sulphur cap for marine fuels in 2020.