Ship owners should be cautious when putting down deposits for ship purchases as new court decisions alter landscape...

THE Swedish Shipowners Association (SSA) has signed on to the government-led Fossil Free Sweden Initiative, which aims to facilitate CO2 reductions by industry with the eventual goal of net zero emissions.

THE Singapore-based Asian Ship owners' Association (ASA) urged national governments to designate seafarers as 'key workers' under UN Assembly Resolution A/75/L37 passed last November to facilitate crew changes worldwide

Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea’s Hanjin Shipping Co Ltd., top shipping executives said.

To begin with, The Hellenic Shipping News Worldwide team would like to wish you all a Happy and Prosperous 2014! We begin the New Year with our first analysis on the dry bulk market. The dry bulk market managed to reach multi year highs over 2013, with the final fourth months of the year, reminiscing of a healthier market. The Baltic Dry Index (BDI) ended the

Following the general trend noticed during this year in terms of newbuilding ordering activity -- or rather setting it -- Hellenic ship owners have pulled the trigger in 44% more orders during the first four months of the year, i.e. in the January-April period. The most remarkable is the 300% increase in container ship

No relief forshipowners in Cyclone Nilam death caseTimes of IndiaCHENNAI: More than four months after six marine engineers of merchant vessel M T Pratibha Cauvery drowned off Chennai coast during Cyclone Nilam, the Madras high court has refused anticipatory bail to the head of theshippingcompany and three others...

Although this week has seen limited reported ordering, the newbuilding market remains active with on‐going discussion across the majority of conventional sectors and a further tightening of available shipyard capacity for delivery next year. This was stated by Clarkson Hellas in its latest report, where it noted that "what orders

Holidays in most of the Far East this week are expected to slow down significantly the rate of new building orders. This is also the reason why, during the past week or so, a number of deals were concluded. According to the latest weekly report from Clarkson Hellas, the dry bulk fleet has seen a number of new additions this week. "It was reported that SWS signed an additional order from the conver...

With Lunar New Year Holidays now approaching, there are continued reports of new business being concluded across many of the major sectors said Clarkson Hellas in its latest weekly report. This past week, conventional ship types across the board were in the forefront.In the dry bulk market, "Frontline and STX Dalian have signed a contract for 4+4 x 181,000 DWT Capesize vessels for delivery every 3...

Containership owners have seen billions of dollars wiped off the value of their fleets over the past year. Massive overcapacity has squeezed not only freight rates, but also the value of steel floating on water, the latest service from VesselsValue.com shows.

With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bid to relieve part of the market’s oversupply of vessels.

MPT asksshipowners to pay upindiabloomsMumbai, Aug 18 (IBNSI) The Mumbai Port Trust has asked the owners of MSC Chitra, which collided with another cargoshipresulting in an oil slick off the...10 days aftershipcollision, maritime traffic improvesSifyMumbaishipcollision: MSC Chitra owners told to pay upNDTV.com10 days after collision, salvage experts finally board listingshipIndian ExpressHindustan Times -Business Standard -Livemint77 haber makalesinin tümü »

The SunLeeds owners GFH Capital jumpshipThe SunLEEDS owners GFH Capital are set to cut and run just three months after taking over the club. The Bahrain-based backers took over at Elland Road after paying Ken Bates a'bargain price' in late December. And they are already in talks to sell their...and more »

Healthy returns for shipowners in the East of Suez Long Range II clean products tanker market is luring operators of dirty Aframax vessels to convert their ships to trade in the clean segment, shipping sources said.

UNITED NATIONS rules, subject to little legislative review by environmentally friendly governments, are raising alarm in the supply chain as new eco compliance costs threaten to raise fuel bills 51 per cent

THE mainline operator share of the intra-Europe, shortsea and feeder capacity has increased substantially over the last six years, Maritime Strategies International (MSI) director David Jordan told the Global Liner Shipping Asia conference in Singapore, organised by KNect365 Maritime

Victoria Times ColonistNew Davie owners preparing to relaunchshipbuildingwork with hiringsVictoria Times ColonistDavie Canada Shipyard's new owners are preparing to relaunch the Quebec City area's idledshipbuildingoperations, hiring the first 100 employees next month to build three vessels for maiden customer Cecon. The company said Tuesday it has been...and more »

The recent trip of Hellas' Prime Minister to China proved to be a rather beneficial one for Chinese shipyards, as the company of Hellenic ship owners which were escorting the Prime Minister, took advantage of the opportunity to secure more deals. According to shipbrokers' reports which have surfaced during the course of the week, HellenicShipping News Worldwide estimates that a total of

The recent rally of the Baltic Dry Index (BDI), coupled with renewed optimism, at least in some parts of the wet market, have prompted many ship owners to stage a come back in the second hand and newbuilding markets, during the course of the past week. According to the latest report from shipbroker Intermodal, "tankers and bulkers attracted equal interest in the secodnhand market. What we hadn't s...

Two of three owners sell stake in AlliedShipbuildersVancouver SunBut last week, North Vancouver based AlliedShipbuildersquietly changed hands, as two of the three owners, Jim and Malcolm McLaren, sold their shares to longtime employee, vice-president of operations Chuck Ko. But McLarens will still be at the...North Vancouver's AlliedShipbuilderschanges ownershipNorth Shore NewsMcLaren brothers step away from AlliedShipbuildersNorth Shore Outlookall 5 news articles »