• New forwarding giant formed

    Danish freight forwarding group DSV plans to push further up into the top league of global cargo agents with the signing of an agreement today to take over US-based logistics group UTi Worldwide. In the seafreight/container segment, the combined group will control aboit 1.4 million TEU of cargo,

  • Hsu Chih-chien exits Courage Marine

    Taiwanese shipping veteran Hsu Chih-chien has sold his shares in Singapore-listed Courage Marine, ending his association with the company he founded. Courage Marine, founded in 2001 at the start of the last shipping boom has been struggling in the last two years, posting losses from 2013-2014. Hsu

  • Dredging work to commence at Port of Soma

    Dredging work is set to kick off at the Port of Soma in Fukushima Prefecture, northeastern Japan on 10 October, according to the nation's Ministry of Land, Infrastructure, Transport, and Tourism. The dredging work will be carried out at a cost of about 2 billion yen (USD16.7 million) to allow a new

  • Swire expands its Asia Pacific shipping service to Hobart

    Swire Shipping today (9 October) announced it would expand its Australian service to Hobart, Tasmania. The new service provides both domestic shipments out of Tasmania to Melbourne, Sydney, and Brisbane as well as a connecting Hobart to global trade in the Asia Pacific and the United States via

  • Maersk updates on new Boomerang service

    Shipping giant Maersk has made more information available about its new Boomerang service to Australia. The service started as Thailand dealt with a slew of reports showing stubborn weakness in its exports - something Maersk politely refuted without detailing. "Referring to the above we have seen

  • China's LPG imports may exceed 8 million tonnes in 2015

    As China consumes more LPG to feed its propane dehydrogenation plants, LPG imports could set a new record this year. Grieg Shipbrokers noted that China's average monthly LPG imports have gone up from 347,000 tonnes in 2013 to 682,000 tonnes this year. In 2014, China imported 7 million tonnes of


  • US clamps down on Shell

    Arctic drilling clearance comes with new environmental safety oversight. IHS Maritime & Trade’s John Gallagher explains

    Image: Operations on Noble Discoverer were under intense scrutiny this summer. Photo: Shell

  • Reading between the lines

    There’s little doubt that the aviation business is better understood by the general public than the maritime business. Why is that, and what can be done about it? Richard Clayton, chief maritime analyst, reports.

Ships Ships

  • MOL and NYK Line secure loan for four new LNG carriers

    Mitsui OSK Lines (MOL) and NYK Line have received about JPY126.7billion (USD1 billion) to finance four Moss-type LNG carriers currently being built by MI LNG and Kawasaki Heavy Industries (KHI). The Japan Bank of International Cooperation (JBIC), the country's export credit agency, will provide

Technology Technology

  • CMA CGM claims first for 'connected' box ship

    France's CMA CGM has claimed that its new 18,000 teu vessel, CMA CGM Bougainville, is the first container ship in the world to be equipped with new technology turning its payload of containers into "smart connected objects". The group said that the system it had installed on board the vessel

Safety & Security Safety & Security

  • China gets tough on safety at Tianjin port

    China has launched extensive safety inspections on companies handling dangerous goods in the vicinity of Tianjin Port. This is seen as showing its determination to clamp down on companies storing hazardous materials improperly in the aftermath of the deadly explosions in August. State media

Ports Ports

  • State approves new coal terminal for Australia's Newcastle

    The world's biggest coal port in Newcastle, Australia, is about to get bigger. State approval has come through for an AUD5.0 billion (USD3.6 billion) additional coal loader for Port Waratah Coal Services (PWCS). The state Planning Department and Planning Assessment Commission gave the new

Offshore Offshore

  • BSM to manage six Maersk Line ships

    Maersk Line has decided to hand over the management of six vessels to Bernhard Schulte Shipmanagement (BSM). "Currently managed in-house by Maersk, the six vessels ranging in size from 2,500 to 11,000 teu will be managed over the next five years from BSM's Ship Management Centre in Hamburg,

Companies Companies

  • CMES projects January–September 2015 profits to quadruple

    Shanghai-listed China Merchants Energy Shipping (CMES) projects its January-September 2015 profit to surge 400-430% from a year ago. The expected increase in profit is driven by the company's projected earnings from the bullish tanker market, as well as revenue contribution from its joint venture,

Markets Markets

  • 'Don't jeopardise recycling capacity', ECSA warns EU

    The European Community Shipowners' Associations (ECSA) has said that Europe should trust class society judgements on ship recycling yards or risk putting off big players from signing up to international standards. ECSA was commenting on the latest certifications of compliance issued by ClassNK to
  • National heroes

    16 Sep 2015

    China’s policy of promoting ‘champions’ in key strategic industries lies at the heart of its economic development, writes David Yang, principal analyst, IHS Economics & Country Risk Since becoming a World Trade Organization (WTO) member in 2001, China has enjoyed a period of spectacular economic growth to become the second-largest economy in the world. In … more

  • Borrowers and lenders

    12 Sep 2015

    Shipping needs to choose its financing solutions carefully, reports IHS Maritime & Trade’s Richard Clayton Monaco, Rio, Singapore, New York, Dubai, Shanghai, London. The list of maritime finance conference venues gets longer every year. Dozens of look-at-me sponsors support the generation of capital in the form of public and private equity, master limited partnerships (MLPs), bonds, … more

  • Measurement measures up

    02 Sep 2015

    Monitoring fuel use aboard a vessel is a complex, careful, and vital process, both aboard and ashore. Engineering crews must know how much and what type of fuel is in the tanks (full, empty, or in between). In An introduction to fuel measurement, author Nigel Draffin successfully sets out to logically and clearly present reliable existing … more

  • Crewless ships and legal risks

    01 Sep 2015

    By Richard Clayton, chief maritime analyst, IHS Maritime & Trade Are unmanned ships safer or less safe than fully crewed vessels? Can human navigators on the bridges of dredgers perform their tasks more accurately than remote operation of dedicated dynamic positioning-dynamic tracking systems? How close are we to the fully hands-off ship? There has been … more