The outlook for the global shipping market will remain grim over the next 12-18 months as the supply of ships will likely continue to outstrip demand in most shipping services, according to a latest industry outlook by Moody's Investors Service.

The recent nationalisation by the government of Belize of the Ship Registry (International Merchant Marine Registry of Belize - IMMARBE) and the International Business Corporations Register, both concessions given by the government in 1991 to...

Hamburg Süd will launch a new South Africa – Argentina/Brazil (SABR) service from July 2013 in cooperation with Nile Dutch.

Qatar Gas Transport Company (Nakilat) has signed a $917m refinancing deal with Qatar National Bank (QNB).

The Asian Shipowners' Forum (ASF) and European Community Shipowers' Associations (ECSA) were officially recognised as regional partners of the International Chamber of Shipping (ICS) at its agm in Oslo last week.

Representatives from major shipping nations met with the secretary-general of the IMO and board members of the ICS to discuss Arctic shipping at a private ministerial-level summit held in Oslo this week.

The UAE's Jebel Ali Port is first in the Middle East to achieve United Nations Department of Safety and Security (UNDSS) Certification - considered the benchmark for security management systems.

A new wharf has been officially opened at APM-operated Monrovia Freeport, nine months ahead of schedule.

Intertanko and the Asian Shipowner Forum (ASF) have welcomed the IMO's Marine Environment Protection Committee (MEPC) decision to pave the way for a smoother implementation of the Ballast Water Management Convention (BWMC).

A leading Greek shipowner has refuted allegations a small Greek bank he and his family controlled engaging in illicit dealings with Iran and busting US and European Union-imposed oil sanctions. The US lobby group, United Against Nuclear Iran (UANI...