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Demand for ships and the goods they carry around the world will largely dictate the strategies of the shipping industry, as they always have done. New considerations that are likely to play heavily into the design of new ships, however, include the demand for far

During the first six months of 2011, there have been notable changes in the shape of the global orderbook. This month’s ‘Shipbuilding Focus’ takes a closer look at the reasons underpinning the alterations in the orderbook in the four sectors which have shown

Global marine fuel demand is falling faster than previously thought as the high price of oil prompts energy efficiency developments in new ships, a study by leading consultants said.

The 45 Maritime Authorities of the Paris and the Tokyo Memoranda on PortState Control will begin a joint concentrated inspection campaign with the purpose to ensure compliance

Container shipping faces an incredible over supply of capacity that will reach record levels in two years.We have been over this subject so often, but it remains

Pirates posed as “authorities” to attack the oil tanker Brillante Virtuoso off the coast of Yemen earlier this month, the vessel’s owner said.Gunmen boarded and took control

Traditionally, MAN Diesel & Turbo K98-type engines have been used as prime movers by 8,000-10,000 teu capacity container vessels. Following efficiency optimisation trends

Europe’s proposal to force shipping fleets to cut emissions of sulphur-dioxide gas will only add painful costs to an industry already in tight straights. But tough rules on sulphur,

Rates for panamax dry bulk carriers on key Asian freight routes are expected to rebound slightly over the next week as intra-Asia coal activity drives a short-term recovery.

The Nigeria oil and gas sector which is the main stay of the economy requires huge shipping and logistics services for its smooth operation. Oil tankers transport some 1,800 million

Is the Libyan war claiming casualties as far away as the Indian Ocean, the Arabian Sea, and the Gulf of Aden? That is the implication of this week’s report from the International Maritime Organization,

A small article in Wall Street Journal brings back memories.In the article, John Coustas, CEO of container operator Danaos Corporation, reflects on the things that went wrong.

Residual-fuel inventories in Singapore, Asia’s biggest oil-trading and storage center, climbed 12 percent to the highest in three weeks, according to a unit of the Ministry of Trade and Industry.

Hyundai Steel , South Korea's second-biggest steelmaker after POSCO, said on Thursday that it expected to secure orders from three to four Japanese shipbuilders in the second half.

China, already the world's biggest shipbuilder, has moved into the top ranks of the business by winning its first overseas order for liquefied natural gas (LNG) carriers.

Prices of steel products, mainly that of mild steel (MS) rods are likely to soar in the country as the ship-breaking industry, the main source of the metal, is virtually out of operation for more than

Hyundai Heavy Industries Co Ltd on Wednesday posted a 10 percent annual fall in second-quarter operating profit as non-core businesses such as electric systems weighed on sales. The world's

China's Bohai Shipbuilding Heavy Industry will soon deliver its first mega bulk carrier to Berge Bulk, local media reported, a move that could put further pressure on the weak shipping sector grappling

Mitsui O.S.K. Lines, Ltd. yesterday announced that the company has donated six 20-foot reefer containers to the Soma-Futaba Fisheries Cooperative Association as part of its support activities

Showing maritime transparency will improve global perception, Ports Authority dir.-gen. says; Israel, Turkey first non-EU countries to sign deal. Talkbacks