Shipping

A decline in global trade in the third quarter 2022 is expected to get worse in 2023, according to the United Nations Conference on Trade and Development (UNCTAD). The UN trade body’s…

The U.S.-sanctioned oil supertanker Young Yong has  been towed to an anchorage area in Nipah, Indonesia, after the stranded tanker was successfully refloated, Commander of Indonesia’s First…

Chairman and Managing Director of the Suez Canal Authority SCA, Adm. Ossama Rabiee, has announced that transit toll will increases from January 2023 . The MD made this announcement at the…

Hapag-Lloyd is set to launch  its fleet upgrade programme covering at least 86 ships with retrofits to improve their performance. The first retrofit propeller, optimised for energy…

The Panama Ship Registry grew 9.6% in tonnage terms since the current administration took over in July 2019, adding 20.4m Gross Tonnage (GT) The registry recorded a…

A Liberian-flagged tanker  MV AG Neptune has been banned from Australian ports for six months for underpaying crew wages and insufficient food and water. The Australian Maritime…

Hapag-Lloyd said Wednesday it had successfully closed its acquisition of the container liner business of German carrier Deutsche Afrika-Linien (DAL). The German line signed the framework…

Even as Mediterranean Shipping Company (MSC) continues to stretch its lead over Maersk line in the containership total capacity stakes, the Danish carrier remains at the top of the rankings…

Sequel to over three months of negotiation and discussions exclusively,  Mediterranean Shipping Company  MSC has  stated that it had agreed with Bolloré SE to buy 100% of Bolloré Africa…

The Abuja Memorandum of Understanding (MoU) on Port State Control,has lamented that there is a shortage of women in the shipping industry, which has a significant effect on the economy.…