Next year will see a significant increase in the number of newbuildings due to enter service: the market’s ability to cope with this will depend to a great extent on continued strong exports of LPG to Asia shipping analysts said, adding that the outlook here remains encouraging despite US-China tensions over trade.
Respondents to Fairplay’s latest exclusive survey report a decline in incidents, but malware attacks and credential theft remain a major concern as shipowners and their crews continue to bolster defences
Shipping must wake up to cyber threats to their operational technology and how their onshore staff and experts can ensure vessels and companies are cyber-resilient
China's coastal container fleet saw a solid growth in the first half. The average age of the overall coastal fleet is younger than the level seen in last year driven by the government's policy to encourage scrapping of younger vessels.
Just minutes after informing customers and bunker traders, Bomin issued a brief statement saying it is shutting its operations in Singapore and Antwerp.
Scrubber technology has drawn its fair share of criticism, but remains part of the 2020 sulphur cap debate.
Eni can already produce new 0.5% sulphur products at several existing refineries. Combined with the capacity to desulphurise crude for further processing into low sulphur product, this means it will be able to ramp up low sulphur bunker fuel production.
TTA to issue bonds for business growth.
MSC goes to Chinese yards to install South Korean-made scrubbers on its ships.
The US Coast Guard's Amver awards will be held during this year’s Safety at Sea awards on 18 October in London.
Following Maersk's divestment of its non-container businesses, the reorganisation of the Maersk Line brand is continuing with the restructuring of its freight forwarding business and from January, Damco will be part of Maersk’s Logistics and Services Products, the company announced yesterday.
A risk expert says that cargo theft has continued to plague South Africa, resulting in losses and derailed efficiencies, and there is a need to take remedial measures to check the menace.
The reintroduction of US sanctions will undoubtedly affect insurers and the complexity in dealing with these risks has now increased.