Royal IHC launches TSHD for TNPA

Royal IHC launched the 5,500 m³ trailing suction hopper dredger (TSHD) Ilembe at its Kinderdijk yard in the Netherlands on 9 May for South Africa’s Transnet National Ports Authority (TNPA).
The launch and naming ceremony was performed by TNPA corporate affairs general manager, Lunga Ngcobo, and

Recycling of box ships slows

The number of container ships being headed for demolition has almost halved year on year as charter rates, especially for Panamaxes, have improved substantially.
IHS Maritime’s data shows that year to date, 39 container ships have been recycled, almost half of the 77 container ships

Busan Port eyes intra-Asia trade

Busan Port Authority (BPA) recognises the importance of small container ships serving intra-Asia trade in helping Busan Port to be more competitive.
At a seminar recently organised by BPA and the Korea Shipowners Association (KSA) in Busan, approximately 100 representatives from shipping companies,

Overcapacity could sink liner rates

Larger new container vessels entering US east and west coast container trades could foil attempts by liner operators to raise transportation rates in 2015, according to a container sector analyst.
The capacity surge is coming at the same time that the National Retail Federation (NRF), a major US