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Keppel to exit rigbuilding, focus on energy transition

Jan 28, 2021

Long-term container contract rates up 5.9% in Jan: Xeneta

Jan 28, 2021

CMA CGM to run new terminal in Alexandria port

Jan 28, 2021

Huge shift underway to LNG as a fuel to reduce emissions

Jan 28, 2021

Jan 27, 2021

Over 300 owners and charterers join forces in bid to end crew change crisis

Jan 26, 2021

Container shortage – Chinese New Year set to be a turning point

Jan 26, 2021

Czech Republic added to Philippines international crew change ban

Jan 27, 2021

Listen to the Podcast Series: Hong Kong Special Focus

This three-part series, sponsored by InvestHK, explores the impact the pandemic has had on shipping operations in Hong Kong.

Highlights

CMA CGM to run new terminal in Alexandria port

Jan 28, 2021

CMA CGM is operate and manage a new terminal in the Port of Alexandria, Egypt.

Red Sea Gateway Terminal to sell 40% stake to Cosco and PIF

Jan 28, 2021

China’s Cosco Shipping Ports Limited (CSPL) and Saudi Arabia’s Public Investment Fund (PIF) have entered into...

Over 300 owners and charterers join forces in bid to end crew change crisis

Jan 26, 2021

A brewing humanitarian crisis out at sea has prompted a call to action from over 300 companies and organisations...

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Scrubber uptake unlikely to see growth despite recent positive price economics

Jan 20, 2021

The uptake of scrubbers by large crude tankers is the highest so far amongst the main vessel segments, though a further rise in the uptake is unlikely to happen, according to shipbroker Gibson.

Bleak outlook for tanker shipping until second half 2021

Jan 18, 2021

A gloomy outlook is forecast for the tanker shipping market at least until the second half of 2021 when oil demand is expected to increase, according to analyst Poten & Partners.

Abu Dhabi Ports expands relief measures with halt in rent increases in 2021

Jan 11, 2021

UAE’s Abu Dhabi Ports (ADP) has put freeze on rent increases in 2021 for all businesses in its Industrial Cities and Free Zone cluster as part of relief measures during the coronavirus (Covid-19) pandemic.

Tanker spot market down 16% in 2020 on Covid-19 impact

Jan 11, 2021

Spot market activity in tanker shipping was down 16% year-on-year in 2020 due to the impact of the coronavirus (Covid-19) pandemic, according to analyst Poten & Partners.

Philippine MCT welcomes new RCL service to Asia and Middle East

Jan 07, 2021

The Mindanao Container Terminal (MCT) in the Philippines has welcomed the start of a new Regional Container Lines’ (RCL)...

South Korea calls on Iran to release seized oil tanker

Jan 05, 2021

South Korea has called on Iran to release a South Korean oil tanker seized in the Strait of Hormuz by Navy of the Islamic...

Singapore halts crew change for those with travel history to UK, South Africa

Jan 05, 2021

Singapore has announced the prohibition of crew change for crew with recent travel history to the UK and South Africa, amidst...

MOL chief pledges to never allow another incident like Wakashio

Jan 05, 2021

Mitsui OSK Lines (MOL) chief Junichiro Ikeda said in his New Year message the company must pledge to never allow another accident like the Wakashio.

DP World to run Multipurpose Terminal at Port of Luanda

Jan 04, 2021

DP World has been selected as preferred bidder to upgrade and operate the existing Multipurpose Terminal (MPT) at the Port of Luanda, Angola.

Cyprus shipping concern over ‘gravely dangerous’ Gulf of Guinea situation

Jan 04, 2021

Six months after expressing grave concerns about the worsening piracy crisis in the Gulf of Guinea, the Cyprus Shipping Chamber (CSC) has again expressed “regret and frustration” over the “ineffectiveness of the international community to address...

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