Trading in the United States could get more complicated – and more costly – if legislation aimed at simplifying ballast-water compliance for shipowners also eliminates current vessel exemptions while adding new requirements and higher standards. […]
The Australian Cyber Security Centre (ACSC) has found that Iranian hackers were behind a recent cyber attack on Australian defence shipbuilder Austal. Austal was also subject to an extortion attempt, the company announced to the […]
Egypt’s box ports are currently weighing whether to expand their facilities in anticipation of the growth expected in the country’s economy. According to Drewry Shipping Consultants, total port utilisation at Egypt’s five main ports stood […]
Leading European ro-ro operators and ports are investing in additional vessel and terminal capacity in anticipation of rising volumes while simultaneously preparing for the potential disruptive effect of the United Kingdom (UK) leaving the European […]
Red Sea Gateway Terminal, one of three operators located at Saudi Arabia’s leading west-coast gateway to Jeddah Islamic Port (JIP), expects to see volume at its 2.5 million teu capacity facility to rise by 18%, […]
The position of London as the preferred centre for international arbitration will be unaffected by the departure of the United Kingdom (UK) from the European Union (EU) at the end of March next year, while […]
European shipowners’ body ECSA has called on the European Union (EU) to make use of the start of its new ship recycling regulation on 1 January 2019 to drive efforts to bring South Asian recycling […]
German freight, demurrage & defence insurer Schutzverein Deutscher Rheder has closed the 2017 policy year with a smaller financial surplus and reduced insured tonnage, even so premium rates for its members will remain frozen. The […]
With another mishap on a tanker, Pakistan’s ship recyclers have diverted their attention to bulk carriers. Pakistan had been a favoured destination for tankers, but a string of explosions and fires that hit such vessels […]
DP World on 11 September said that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal (DCT) in the face of Djibouti’s “blatant […]
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