Category: Foreign News

Maersk Line, Hamburg Sud most reliable, says Drewry

Maersk Line and Hamburg Sud are ranked as the two most reliable container shipping carriers by Drewry’s new online version of the Carrier Performance Insight....

Odfjell CEO bows out

Chief Executive Officer and President of the Norwegian shipping company Odfjell, Jan A. Hammer is going to step down, the company said in an announcement yesterday. The...

Automation: Australian maritime union battles DP World

The Maritime Union of Australia (MUA) says they will take protected action against terminal operator DP World after they said the company refused to negotiate in good...

Egypt needs legal reforms for Suez Canal hub to succeed

The consultant on a project to develop the Suez Canal says cumbersome Egyptian government bureaucracy could hamper its chances of success. Yehia Zaki, director of Egypt...

Indian mission in Dubai assists 100 stranded sailors

Nearly 100 crewmen aboard 13 ships stranded near the UAE ports have been assisted by the Indian Consulate in Dubai since July, prompting the mission to call for caution...

Denmark to pay damages to suspected Somali pirates

Denmark has compensated nine Somalis suspected of trying to hijack a Danish ship in 2013 because they were detained too long before being brought before a judge, the...

China EximBank extends $3.6bn loan to 11 Chinese yards

The Export-Import Bank of China last Friday agreed to extend ship financing loans worth RMB21.8bn ($3.6bn) to 11 Chinese shipbuilding enterprises for their contracts...

ICS issues guidance for large-scale rescues in the Med

The International Chamber of Shipping (ICS) has published Guidance on Large Scale Rescue Operations at Sea, in response to the migration crisis “necessitating...

Algeria to boost LNG shipments to Asia as sales to Europe drop

Algeria, Africa’s largest natural gas producer, has expanded capacity to ship the fuel on tankers and plans to sell more of it in Asia and make up for a decline in...

IMO Council agrees recommendations to reduce administrative burdens

The Governing Council of the International Maritime Organisation (IMO) at its 113th session has agreed on a number of recommendations for action following a public...

Asia-Europe trade volumes continue upward trend

Mainlane trade volumes on the Asia-Europe headhaul route have risen by 8% in the first nine months of this year compared to the corresponding period last year, according...

Mexican academic wins IMO Maritime Prize

Dr. José Eusebio Salgado y Salgado, Mexican academic and author of the Manual de Derecho Internacional Marítimo (Manual of International Maritime Law), has received...