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The Week in Review

Hot Topics

London remains one of the leading global maritime cities, and has consistently been voted top for financial services. But competitors are snapping at its heels. Will the British Bulldog stay on top?  

What makes a successful maritime cluster? Is it a favourable tax regime, supportive government, a busy port, or a settled shipowner community? We look behind the hype to lift the lid on the path to success

From containers to tankers, from ship owning to ship management, market forces continue to incentivise mergers and acquisitions

Containers Explore this Topic

Latest From Containers

CMA CGM 22,000 teu newbuilds worth $1.5bn, says ship designer

The bidding process started in April with CSSC finally clinching the order over five Japanese and Korean builders

Asia Pacific Europe

Last Word: Soldiering on for the right reasons

PIL managing director S S Teo holds on to Singapore's last locally-owned container shipping line for "old fashioned" reasons 
Asia Pacific Singapore

Further boxship consolidation to make alliances less relevant

Large shipping corporations, especially state-backed ones will become a dominant force on the industry landscape, says McKinsey Shanghai partner Steve Saxon

Consolidation Containers

Latest From Dry Bulk

Marcura buys two IT firms in drive for maritime expansion

Dubai-based software firm seeks to improve online offerings for tramp shipping

Middle East and Africa United Arab Emirates

Supramax earnings rocket

East coast South America and intra-Asian trades support rates moving up

International Ultra and supras

Diana Shipping secures 40% rate rise for new panamax charter deal

Company expects to bring in about $3.21m in gross revenue from the charter deal

Europe North America

Tankers & Gas Explore this Topic

Latest From Tankers and Gas

AP Moller Holding buys Maersk Tankers for $1.2bn

Company to establish separate consortium with Mitsui & Co and other partners to jointly own Maersk Tankers

Europe Denmark

Weak VLCC freight rates to persist through winter, says McQuilling

Brokerage lays out bearish full-year forecasts on benchmark routes but Atlantic crude supplies could offer support

Middle East and Africa US States

Scorpio Tankers books $33m transaction costs for Navig8 merger

Product tanker giant slides into second-quarter loss but is poised to redeploy Navig8 ships to in-house pools next month

Europe Monaco