Just 12% of maritime leaders surveyed by Sea Asia 2017 are utilising big data, despite the benefits they believe it can bring.

Despite the difficult shipping markets in 2016 traffic in the world’s busiest shipping lane – the Straits of Malacca and Singapore (SOMS) – were up 3.4% to a new all time high of 83,740 transits.

ClassNK has seen a significant number of owners conducting special surveys earlier than scheduled pushing back the requirement to install ballast water management (BWM) systems until the end of the decade.

The start of the US Presidency of Donald Trump has been anything but business as usual and understanding the implications of his Executive Orders is rapidly turning into a full time job for some.

Seafarer union Nautilus International is warning of “serious welfare and safety” issues arising from US President Donald Trump’s immigration order.

Hanjin Shipping is expected to be finally declared bankrupt on 17 February a Seoul court said today.

The great and the good of the UAE shipping industry came together in Abu Dhabi at the fourth UAE Summit of Marine and Maritime Leaders this week with the subject of finance and the availability of funding dominating much of the proceedings. 

 

Arctic shipping and the North Sea Route (NSR) could receive a boost from the coming into force of the Polar Code and thawing of relations between the US and Russia according to brokers Banchero Costa.

New shipbuilding orders received by China’s shipyards in 2016 have fallen by 32.6% year-on-year to 21.07m dwt in vessel tonnage, according to latest figures released by China Association of the National Shipbuilding Industry (Cansi).

In a year of consolidation the biggest and most complex was the merger of Chinese shipping giants Cosco and China Shipping. The deal spanned almost every aspect of the shipping and maritime industries including dry bulk, containers, tankers, LNG, shipyards, ports, specialised vessels, leasing and finance, insurance, and shipping services.

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