COSCO-Yang Ming boxship delivery deferred
It turned out that Cosco Shipping has postponed the delivery of 10 ultra large containerships (ULCs) to 2019. Yang Ming has also pushed back deliveries of three 14,000 teu containerships from this calendar year to the next. According to ...
Korea to rebuild shipping industry
The Korean government and shipping industry accelerate the reconstruction of shipping business this year. During the 2018 general assembly of the Korea Shipowners' Association (KSA), which was held on January 11 at Haeun Building, Yeouido, Seo...
BIMCO released 2018 prospect
On January 4, BIMCO released 2018 prospect for the shipping industry: In 2018, the dry bulk sector is likely to improve the fundamental market balance further, if operational speeds do not increase. For the container shipping sector, the imp...
ISSAC scores feasibility analysis works
ISSAC Engineering & Consulting (ISSAC E&C), a Korean engineering expert in shipbuilding & offshore plant sector, carries out feasibility analysis of LNG bunkering business in the Mediterranean Sea and the coast of Turkey. The compa...
Aramco, partners launch 'International Maritime Industr...
Saudi Aramco and its partners; Lamprell Plc, the National Shipping Company of Saudi Arabia (“Bahri”); and Hyundai Heavy Industries Co. Ltd. (HHI), recently announced the official launch of their International Maritime Industries (IMI) joint v...
Carnival Corporation to Launch New Ships in 2018
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest leisure travel company, announced on January 4 that it will launch four new cruise ships in 2018 across four of its 10 leading global brands – Carnival Cruise Line, ...
K Line: 2018 New Year Message
The following is an excerpt from the New Year’s speech made by "K" Line president Murakami on January 4: To everyone of the "K" Line Group, I extend my very sincerest wishes for a Happy New Year. As we enter 2018, I would like to take this o...
NYK: New Year's Message from the President
The following is an excerpt from the New Year’s speech made by NYK president Tadaaki Naito as business opened for 2018 at the company’s head office in Tokyo. Excerpt from the speech: I would like to wish everyone a happy new year. At th...
MOL CEO Ikeda's 2018 New Year Message
The following "2018 New Year Message" was addressed on January 4 to all MOL officers and employees by President & CEO Junichiro Ikeda. 2017 in Review First, a quick look back. 2017 was a year of resurgent growth in global trade, supported...
Challenges left for autonomous shipping
A recent report from Clyde & Co, a global law firm and Institute of Marine Engineering, Science & Technology (IMarEST) suggests that there are still a lot of challenges to overcome for the autonomous shipping to become a real game changer...
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