'Cautious optimism' on 2019 shipping market outloo
Despite an increase in geographical risks and unstable factors in stock market, 'cautious optimism' arises on the prospects of this year's global shipping market. According to a survey conducted by Moore Stephens recently, 60% of those quest...
K-Line President's 2019 New Year Message
"To everyone throughout the entire “K” Line Group, I extend my very sincerest Happy New Year wishes. As we enter 2019, I would like to take this opportunity to share a few words with you. During 2018 the world economy continued to show a g...
NYK President gives annual New Year's Message
The following is an excerpt from the New Year’s speech made by NYK president Tadaaki Naito as business opened for 2019 at the company’s head office in Tokyo. "I would like to wish everyone a happy new year. The Heisei period* will come to ...
MOL CEO Ikeda's 2019 New Year Message
MOL President & CEO Junichiro Ikeda gave New Year Message, and the following is the full text. "I'd like to open this message by wishing everyone a peaceful year to come. 2019, the new year, also happens to be the last year of the...
Gazprom eyeing LNG bunker business
The Gazprom Board of Directors reviewed the information about the prospects of the liquefied natural gas (LNG) bunkering market and the Company’s ongoing efforts in this regard. It was noted that increased use of LNG as a bunker fuel was rel...
BIMCO reveals 2018 demolition results
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An almost total halt in Panamax demolitions has been an important factor behind this fall, with demoliti...
Samskip leads Seashuttle project
Europe’s largest multimodal operator has been named lead partner in ‘Seashuttle’, a project seeking to bring emissions-free, autonomous container ships to market that also operate at a profit. The announcement coincides with the award of...
Crowley takes delivery of LNG ConRo
Crowley Maritime Corp. has taken delivery of Taíno – the second of two of the world’s first combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG) – from shipbuilder VT Halter Marine Inc., of Pascagoula...
MOL ship won Cruise of the Year prize
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that its group company, Mitsui O.S.K. Passenger Line Ltd. (MOPAS) was recognized for its "efforts on market development by the Nippon Maru One Night Cruise," and rece...
Duqm to start bunker operations
Port of Duqm and Shell Oman Marketing SAOG ink fuel bunkering agreement. This agreement establishes the bunkering terminal to provide different grades of quality fuels and lubricants as well as other ancillary facilities to marine liners calling ...
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