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How Lloyd’s List inspired a shipping hero
Derek Johnson, one of the most renowned figures in UK box shipping, tells young freight forwarders and shipping agents about his life and career
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Yildirim expands its port horizons
Port ambitions can dovetail with group’s other commercial ventures
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India
Challenging times for an Asian tiger
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High bunker prices take toll on Indian shipowners
First loss in nearly two decades for Shipping Corporation of India but privately owned companies use fleet flexibility to protect against declining profitability
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Cabotage regulations limit ICTT’s potential
Vallarpadam facility was expected to target Colombo traffic but India’s cabotage laws are stunting the development of volumes at the new terminal
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Making the UK a hub for Europe?
London Gateway and Felixstowe are not necessarily rivals -
Why shipping needs to see a shrink
Reluctance to cut Asia-Europe box capacity sees critics question industry’s sanity -
Asia-Europe shippers feel squeeze from airfreight
Overcapacity sees freighter operators struggle -
Production shift threatens box recovery
Falling freight rates have turned the Europe-Asia container trades into a bloodbath -
Towage & Salvage
Change on the way as tug owners group together -
Rena points to salvage challenges of larger boxships
The grounding in New Zealand shows that salvors must prepare for operations involving next-generation vessels -
P&I raises concerns over tugs handling bigger ships
The strains placed on tugs handling larger vessels needs to be more fully understood -
Operating efficiency driving tug innovation
The development of engines that burn cleaner fuel and optimised hull forms are key focus areas in tug design -
Change on the way as tug owners group together
More consolidation likely in harbour towage sector as ports look for one-stop-shop solutions -
Container shipping branches out into the flowers trade
Dutch flower auction FloraHolland is looking at a switch from air freight to cut the costs of transporting thousands of fresh cut flowers daily
Market Data
More detailed charts and toolsLatest News
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Paragon secures $69m loan from CDB
Funds will finance two 4,800 teu containerships for... -
Nordic ship banks better placed than Germans, argues Fitch
Scandinavians have lower proportional exposure and... -
A soft landing for shipbuilding
Surge in offshore orders eases shipyards’ pain, BIMCO... -
Steamship Mutual investment gains offset adverse underwriting result
Results are consistent with the club’s ‘normal’... -
Cost-cutting success sets Maersk apart from the pack
But Andersen demands more rates discipline on east-west...
"It’s good news that China and five others are now Arctic Council observers " Tom Leander
Armed guards
Accreditation of armed guards certification bodies begins