Between the lines: South of Africa on the backhaul Carriers are currently routing vessels south of Africa only on the backhaul voyage, but doing the same on the headhaul voyage could be equally alluring
VLCC spot rate drops $5,000 on China holiday In addition, charterers step back following last week's rate surge
MSC Oliver and MSC Maya join idle fleet Two of the world's largest boxships currently inactive as lines trim capacity to match weak demand
Shipping in all its forms has lost its lustre, says BRS president Shipbroker estimates shipping asset values dropped $65bn in 'tempestuous' 2015
Navios Maritime Holdings regains full compliance with New York Stock Exchange Company puts behind the prospect of a reverse stock split
Data Hub: World Fleet Update The world container fleet continues to expand, but orders are down and scrapping is on the up
Suez Canal offers rate cut ahead of Panama Canal opening Three-month trial of 30% discount on backhaul for vessels from US east coast
Darrell Bryan takes up Interferry interim chief executive role Len Roueche retires after 14 years as chief executive
Neuroscientist sends wake-up call to container lines Deutsche Post DHL chief executive Frank Appel urges carriers to adopt new technologies, rather than focus so much on ship utilisation
Box line service integrity on the slide Blank sailings are on the up and will only increase this year as carriers struggle with supply glut, says SeaIntel
In support of truth and justice For his final story in The Intelligence, Tom Leander chronicles the fall and rise of The Philippines as a provider of global seafarers and potential maritime powerhouse. In a recent trip, he witnessed first-hand the despair - and hope - of local seafarer communities and asked what can The Philippines do to realise its potential? Helen Kelly recounts eight years of working with a man who inspired the attainment of one's potential through his determined and unerring support
People power Under the Aquino government, private sector initiatives to build skills and improve seafarers' lives have momentum. Are the gains in jeopardy?
Svitzer Australia managing director steps down Chief operating officer to take the helm from May
Forwarders concerned over container weighing rules Insufficient legal guidelines mean investments in weighing equipment are being delayed, which could cause a late rush and delays to freight
Carnival Corporation confirms five-cruiseship order from Fincantieri Deliveries for the five vessels are scheduled to take place over 2019 and 2020
China Cosco working to form new and bigger container alliance New alliance will aid its globalisation strategy to expand market share in non-China related trades
Vallianz buys 75% stake in Holmen Heavylift Offshore Company paid $6m in cash for stake with price arrived upon on a willing buyer and willing seller basis
Bahri secures Islamic financing to fund VLCC order with Hyundai Samho Five VLCC newbuildings will be mortgaged to bank as collateral
Scorpio Bulkers axes shipbuilding agreement Newbuilding had been scheduled for delivery in April 2016
Shippers' bleeding hearts People should stop whining and get on with implementing box weighing checks
Navios hit with suit over $50m in-house loan Investor files suit claiming loan was done at overly generous terms.
US diesel exports see slowdown this year Arbitrage to Europe was limited by high inventories, imports from Mideast and Russia
Ezion Holdings vessel arrested in Africa An anchor handler owned by Singapore-listed company held since 1 March due to $95,000 non-payment.
Otto Marine sale to boost annual profit Singapore-listed owner offloading support vessel in $38m deal.
Primorsk to sell fleet to exit Chapter 11 Alexander Kirilichev-controlled tanker firm to file auction plan in two weeks
Rem Offshore sees charterer default Adams Offshore returning Rem Poseidon well ahead of schedule.
Dof stretches deal for AHTS duo Total Austral pens deal to keep vessels employed until mid-October.
Angelicoussis heads bulker bargain hunt Greek owner tops the pile as Greek owners lead the way in bulker spending in first quarter.
Navios Maritime in NYSE compliance Angeliki Frangou-led company boosts its stock price in accordance with listing requirements.
Shipping loses lustre with $65bn eroded BRS chief Tim Jones calls for change after 2015 proved as bad as expected.
Rena not a "hazard to navigation" Maritime New Zealand's survey finds all reasonable efforts have been made to constrain the wreck's effect on traffic.
Star Bulk is top stock in tricky first quarter Petros Pappas-led owner the strongest performing western public shipping equity in challenging period for maritime shares.
NITC approves $2.5bn investment scheme Managing director Ali Akbar Safaei adds that vessels have been chartered out to international companies.
Maersk Tankers pens two-year deal Market sources say ATC has fixed vessel from Danish giant.
Elnusa acquires seismic vessel Indonesian oil and gas company pledges to explore domestic waters with latest ship purchase.
Four Malaysian held on tugboat Another attack takes place on small boat sailing in southeast Asian waters involving eight gunmen.
Middle East exports spike lights VLCC fire Highest shipment volumes since last October help tanker rates race, analysts say.
Svitzer Australia's managing director resigns Towage and salvage conglomerate promotes chief operating officer to senior position to fill the gap.
Genco bags waiver from Credit Agricole Payment of almost $2m sees covenant waived through until 11 April.
Bahri secures partial Hyundai Samho VLCC funding Saudi tanker owner seals 10-year Islamic financing deal with compatriot Riyad Bank.
Rickmers Maritime Trust in mystery share price surge Trading activity in Singapore-listed containership leasing company prompts questions from regulator.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher