Demand for ocean shipping capacity by producers and importers of fresh food is bound to grow faster in the coming years despite economic difficulties in key emerging markets, experts have ...
Fresh cargo outlook brightening
Hundai Mipo wins box ship pair
Hyundai Mipo Dockyard has won a contract for the construction of two 25,000 dwt container ships from Seoul-based Nam Sung Shipping Co. The 1,600 teu vessels will be built for Seoul-based Nam Sung ...
VLCC Values Still Have Room to Grow
By MarEx 2015-09-29 10:08:50 Historical data shows VLCC values still have room to grow. VesselsValue’s “Fixed Age Analysis” (pictured below) shows current values (yellow) Vs the historical ...
Indian recyclers win ClassNK compliance
Two years after applying for a ClassNK certification for internationally compliant shipbreaking, two Indian yards have been issued with statements of compliance (SoCs). The SoCs were issued to yards ...
Analysts: Sembcorp Marine faces profits reversal
Singapore rig builder Sembcorp Marine may reap lower profits as more customers request to defer rig deliveries, a securities house has predicted. Demand for rigs and drillships has shrunk as oil ...
BSM to manage Maersk Line ships
Maersk Line has decided to hand over the management of six vessels to Bernhard Schulte Shipmanagement (BSM). "Currently managed in-house by Maersk, the six vessels ranging in size from 2,500 to 11,000 ...
BSM to manage six Maersk Line ships
Maersk Line has decided to hand over the management of six vessels to Bernhard Schulte Shipmanagement (BSM). "Currently managed in-house by Maersk, the six vessels ranging in size from 2,500 to 11,000 ...
Weak dry bulk market may claim more victims
A weak dry bulk shipping market could put more firms in 'jeopardy' after the collapse of Daiichi Chuo Kishen Kaisha in Japan, shipping analysts in Oslo warn, adding that Daiichi's apparent lack of ...
Owners told to ‘prepare for European CO2 regulation’
Classification society DNV GL has advised shipowners to start preparing for Europe's own CO2 emissions measuring and cutting scheme, which comes into force on 1 January 2018. The Monitoring, ...
Frontline looking to de-list London shares
Frontline, the Suezmax and VLCC operator in John Fredriksen's business empire, says it will seek de-listing of its shares on the London Stock Exchange due to low volume of trade in them. "The company ...