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Global Events

All the latest news and analysis of Global Events in the Maritime Sector

THE UNIFEEDER GROUP BECOMES PART OF THE DP WORLD GROUP

The Unifeeder Group becomes part of the DP World Group The Unifeeder Group (‘Unifeeder’), the largest Pan-European feeder and shortsea operator, today announced the signing...

Hapag-Lloyd Announces Half Year Results: Posts EUR 88.7 Million EBIT

Hapag-Lloyd has concluded the first half of the year 2018 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 425.2 million. This...
An example of a damaged plunger

FUEL CONTAMINATION – A GET ME HOME SOLUTION?

Contaminated fuel now also found in the world’s largest ship refuelling hub, Singapore, in addition to the Americas, has resulted in engine failures and...

Green seaports needed in Vietnam to reduce pollution from shipping operations

In many seaports, the content of oil on surface sea water is high. The oil waste from the vessels going in/out of large ports...

IMO workshop promotes secure shipping in Asia

Shipping forms the backbone of world trade, transporting around 80% of global trade by volume. No other method of mass transportation is as cost-effective...

Coal exports from Australia’s Port Kembla terminal fall to 386,280 mt in July

Coal exports from the Port Kembla Coal Terminal in Australia’s New South Wales state fell to 386,280 mt in July, from continuous impact of...

Navios Maritime Partners Planning to Divest Containerships

Navios Maritime Partners L.P., an international owner and operator of dry cargo vessels, reported its financial results for the second quarter and six months...

Japanese shipbuilders look for smoother sailing in other sectors

Japanese heavy machinery makers are seeing their fortunes sink in the shipbuilding sector amid tough competition from South Korean and Chinese competitors. Decades ago, large...

Scrubber count insufficient to take up excess HSFO

Marine fuel scrubber installation planning surged over the last six months to include 842 vessels, but that scrubber count is still insufficient to absorb...

Ardmore Shipping Reports Six-Month Net Loss of USD 13.7 Million

Reported a net loss of $8.6 million for the three months ended June 30, 2018, or $0.26 basic and diluted loss per share, as...