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IHS Maritime Sea-web: Latest Maritime News
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Fire broke out while container ship was sailing from the Belgian port of Antwerp to Montreal in Canada.  Full story >>

If the market remains at present levels, we could expect a step up in asset values in the coming weeks, says Norwegian company.  Full story >>

An electrical spark or oil vapour is very likely to have caused a blast that killed four men who were painting the interior of a 12-m deep residual oil tank of a 74,000 dwt products tanker under construction.  Full story >>

Chinese state-owned shipbuilders Hudong-Zhonghua Shipbuilding and Shanghai Waigaoqiao Shipbuilding have confirmed signing letters of intent to build up to nine 22,000 teu container ships for French liner operator CMA CGM.  Full story >>

Some remains of the 10 missing USS John S McCain sailors found; commander of Seventh Fleet dismissed.  Full story >>

Some German shipowners are getting huge debt write-offs, while others have not been so lucky.  Full story >>

Maersk Tankers has joined the list of big name investors in Boston-based CargoMetrics Inc, hoping to improve demand prediction through the use of shipping data analytics.  Full story >>

Iran intends to speed up development at its main container port at Bandar Abbas, as a leading shipping official announced that a third terminal concession would be tendered to international partners by the government.  Full story >>

Several ships were sold for demolition as scrap prices were sustained at more than USD400 per ldt for the first time in over a year.  Full story >>

Shipbroker Gibson expects tanker owners to start scrapping vessels in earnest as a number of factors have converged to strengthen the case for demolitions.  Full story >>

The shipping industry is progressing on a path to an uneven recovery, with the crude oil tanker sector is likely have to wait longer than other sectors for a cyclical upturn, according to ABN AMRO's Global Head of Transportation & Logistics, Joep Gorgels.  Full story >>

While car makers regularly call for tenders for shipping services in order to enjoy competitive rates, nine car carrier operators agreed, out of mutual respect, not to compete for shipping contracts in order to retain existing customers.  Full story >>

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