Latest News


Tanker conference highlights regional growth opportunities -
The inaugural The Maritime Standard Tanker Conference, which took place at the Grosvenor House Hotel, Dubai, on 25th October, highlighted the scope that exists for sustained growth and expansion within the region's tanker sector, provided investment is sustained and cooperation between various participants is strengthened. It attracted a high quality audience of around 150 people, including delegates from leading owners and operators from across the region.

Top class panel of speakers assembled at TMS Ship Finance and Trade Conference -
The second annual The Maritime Standard Ship Finance and Trade Conference will take place in Abu Dhabi on November 14th. The theme of this year’s conference is “Beating the downturn; investing to be ready for the upturn.” A top class panel of speakers has been assembled to address some of the key issues facing the industry as it seeks to chart a course for long term recovery. The conference sessions will deal with a number of themes, including regional trade patterns, ship finance and ports and shipping.

Awards maintain Standard for excellence -
The third annual Maritime Standard Awards, held on Monday 24th October at the iconic Atlantis Ballroom, on The Palm, have raised the bar still higher for regional awards ceremonies. Hosted by well-known TV journalist and former CNN anchor, Jim Clancy, and model and presenter, Dubai’s own Rania Ali, the Awards attracted a high calibre audience of around 700 executives from across the shipping, ports and related sectors, from close to 70 different countries.

Finalists announced for TMS Awards -
Over the past few weeks an elite panel of judges have been evaluating a record number of nominations for a total of 19 different categories for The Maritime Standard Awards 2016. It has been hard job to whittle this down to a short list, but they have done so. The standard of entries was extremely high, and all of those who entered should be commended for their excellent submissions.

Nomination deadline extended for The Maritime Standard Awards 2016 -
Nominations now close on August 18th so you have just eight days to submit your entries. Nominate today! ‪#‎TMSAwards2016

UAE Shipping Directory wishes you & your family Eid Mubarak -
UAE Shipping Directory wishes you & your family Eid Mubarak

TMS celebrates 50 not out -
Dubai, 15th June 2016:- This is the 50th edition of the TMS Newsletter and The Maritime Standard would like to thank all its readers for their support in helping reach this significant milestone.

UAE Shipping Directory wish you a Blessed Ramadan -
UAE Shipping Directory wish you a Blessed Ramadan

UAE Shipping Directory Celebrating 15 Year of Success -
Since UAE Shipping Directory was founded in 2000, the Directory has valued clients as an important support of the project. In 2007, UAE Shipping Directory added more services and solutions to be used by our clients to increase the strength of the marketing, offering customers added value and to develop new business strategies for the future.

Judging panel for TMS Awards confirmed -
A high quality judging panel has been assembled for the TMS Awards 2016, which takes place at The Atlantis, The Palm, on October 24th. Chaired by Clive Woodbridge, editor of The Maritime Standard, the panel includes leading executives in the container, bulk and tanker shipping industries, as well as senior figures in the ports industry across the Middle East and Indian Subcontinent.

Hapag-Lloyd launches 150 million euro bond -
Hapag-Lloyd on Monday launched a 150 million euro five-year bond ahead of its merger with United Arab Shipping Co. The German carrier said about 47 million euros (approximately $50 million) of the new euro bond will initially be used for the early redemption of dollar notes due in the fall of...

Poland terminal makes Baltic splash with record traffic -
DCT Gdansk handled a record number of containers in 2016, boosting the Polish terminal’s bid to become a major Baltic transhipment hub. Traffic grew to approximately 1.3 million twenty-foot equivalent units last year from 1.07 million TEUs in 2015, the largest volume handled by any Polish container terminal. DCT said the increase...

Asia-Europe carriers gain bargaining edge -
[caption]Photo credit: Zhao jian kang / Shutterstock Inc.[/caption]Asia-Europe container carriers and shippers are bracing for an uncertain year, with consolidation thrown into the traditional mix of traffic volumes and freight rates. The carriers are breathing a sigh of relief as traffic edged higher in 2016, despite another dull peak season, reversing the previous...

Slideshow: Surface transport uncertainty revs into 2017 -
Surface transportation in 2016 was defined by uncertainty and anxious speculation about the direction of the economy, whether or when truck capacity might tighten and transportation rates rise, and who would win the White House and a chance to set the regulatory agenda in 2017. The election is over, but there’s...

Port productivity gains power India's export growth -
Despite continuing weak global demand, India’s merchandise exports increased for the fourth month in a row in December, reflecting port productivity gains from ongoing Sagar Mala investments and ease of doing business measures could be a driver of that positive trend.  Exports in December were up 5.7 percent year-over-year to $23.9...

New alliances threaten to raise US port costs -
[caption]The operational challenges of the new alliances will be magnified at the ports of Long Beach, foreground, and Los Angeles.[/caption]US ports will face unprecedented operational challenges when ocean carriers on April 1 restructure their vessel-sharing alliances, requiring carriers, terminal operators and equipment providers to develop a plan so shippers’ costs...

US ruling strengthens Brazil beef export push -
[caption]Minerva Foods' aggressive expansion has made it Brazil's third-largest beef producer.[/caption]Brazilian beef producer Minerva Foods is expanding internationally on the back of a US regulatory ruling that will likely lead other nations to open their markets to Brazilian beef. Since the US Department of Agriculture’s Food Safety and Inspection Service has...

Ship charters stagger under returning capacity -
[caption]Yang Ming chairman Bronson Hsieh.[/caption]The container ship charter business is reeling from a series of debilitating blows — chronic overcapacity, a wider Panama Canal, Hanjin Shipping’s collapse and insufficient demand — factors that are driving carriers to dispose of surplus tonnage.This bid to ease the supply-demand imbalance is swamping ship...

Antwerp port gained share on down market -
[caption]Photo credit: T.W. van Urk / Shutterstock Inc.[/caption]The European waterfront is looking forward to a boring 2017 as the market slide has bottomed out with leading ports posting modest growth or at least stabilizing traffic after several quarters of decline that threatened to become the norm. Antwerp was the star performer...

3PLs face uncertainty as Trump takes on trade -
For third-party logistics providers, 2016 will prove a year of overall slow growth that sets the stage for one of the more unpredictable years in recent memory. When all 2016 data is in, overall gross revenue likely will show 4.2 percent growth, to $168 billion, according to estimates from Wisconsin-based...

US judge holds off approving Hanjin terminal sales -
[caption]The sale of Hanjin Shipping's US terminals is mired in litigation.[/caption]NEWARK, New Jersey — A US federal bankruptcy judge on Friday held off on approving the sale of operating rights held by Hanjin Shipping to two terminals in Seattle and Long Beach in the face of fierce objections from creditors...

US truck driver ranks expand, but not enough -
[caption align="right"][/caption]Whether or not trucking hit a bottom in volume or pricing in the summer of 2016, the industry certainly seemed to bounce back in terms of trucking employment. Since hitting a low point in June, motor carriers added 15,600 employees through November, the US Bureau of Labor Statistics’ latest...

Over-the-road US shippers prepare to pay more -
  [caption align="center"][/caption]US shippers enjoyed a truck-pricing windfall in 2016, as lower freight demand, tumbling fuel prices and an abundance of available truckload capacity led to the best rate environment shippers had seen since the recession, at least in the truckload sector. As the US slipped into its second long patch...

US ruling a warning to motor carrier's owner-operator model -
[caption]Swift Transportation is the second-largest publicly owned user of owner-operators.[/caption]Trucking companies that lease equipment to owner-operators will want to review those agreements closely after a US judge decided some drivers that leased equipment from Swift Transportation as independent contractors were actually company employees. US District Court Senior Judge John Sedwick last...

NW Alliance allows former Hanjin terminal sale -
[caption]There is one less obstacle in the way of of Hanjin Shipping's pending sale of Terminal 46 in the Port of Seattle.[/caption]The Northwest Seaport Alliance Friday announced it’s withdrawing its objection to the sale of the former Hanjin Terminal 46 in Seattle to Mediterranean Shipping Co. subsidiary Terminal Investment Ltd....

Enticing young workers key to shipping industry success -
JOC Inland Distribution Conference panelist Roquita Coleman-Williams discusses the crucial role Memphis plays in the global economy, as well as the challenges and importance of introducing logistics career opportunities to a new generation. ...

US Commerce report stresses port metrics -
[caption]Government and industry agree port productivity metrics are important, but they disagree the scope those metrics should have.[/caption]WASHINGTON —  A US Commerce Department report published Thursday stressed the benefits of collecting port productivity data, creating an awkward juxtaposition with the release this week of a tepid report from an industry-led...

Oakland expects to outpace fellow West Coast ports -
[caption]The Port of Oakland expects to shine brighter than the West Coast as a whole in 2017.[/caption]The Port of Oakland projects that in 2017 it will grow faster than the 3 percent to 4 percent increase in container volumes projected for West Coast ports based on infrastructure development and process...

Trans-Pacific spot rates jump on tight capacity -
[caption]Full ships sailing the trans-Pacific have sustained steady spot rate increases.[/caption]The spot rate for shipping a 40-foot container from Asia to the United States jumped from the prior week, strengthening into a three-week rally as carriers keep capacity tight and importers restock ahead of factory slowdown two weeks away.   Spot rates...

Trump breeds uncertainty for international trade -
For many voters, the election that elevated Donald Trump to presidency was a referendum on trade liberalization — with scores of Americans left feeling disenfranchised by decades of free trade and trade imbalance. As a candidate, Trump appealed to this disenfranchised audience and took a strong stance against unchecked trade liberalization....

Liu Joins Senior Shipping Figures at Nor-Shipping -
Globally renowned green energy champion Peggy Liu has been announced as the latest speaker for Nor-Shipping 2017. Liu, the Chairperson of Joint US-CHINA Collaboration on Clean Energy (JUCCCE), is set to join a growing list of key shipping figures at the leading global maritime event week.

Dry Bulk: Less Pain, Not Much Gain -
The dry bulk market’s strong end to 2016 is unlikely to last long into 2017, according to the latest research from Maritime Strategies International. In its latest quarterly dry bulk market report*, MSI predicts a depressed year for rates in 2017, a year marked by multiple risks to recovery.

Invasive Species & Ship Hull Biofouling -
The entry into force of the Ballast Water Convention this September will not prevent the transfer of invasive aquatic species (IAS) unless there is mandatory legislation in place to prevent biofouling on ships’ hulls. Indeed, while there is…

Certified ECDIS RH Marine Meets Future Standards -
In December 2016 RH Marine’s ECDIS has officially been certified to meet the latest international standards. RH Marine is one of the first suppliers to have a fully certified ECDIS complying with the updated International Hydrographic Organization…

Castor Networks Acquires Watum Solutions -
Castor Networks has acquired Watum Solutions effective immediately, a prominent supplier of IT networks and satellite communication for the shipping and offshore industry. Watum Solutions is specialized in designing, installing and maintaining IT and VSAT systems on board of commercial vessels…

Innovative Seaspan Ferry Enters Service -
Seaspan Ferries Corporation’s (SFC) Seaspan Swift, a new hybrid LNG fueled and battery powered ferry, entered service between the British Columbia mainland and Vancouver Island. The innovative vessels is classed by Bureau Veritas, and it is…

Iridium Successfully Launches First Iridium NEXT Satellites -
Iridium Communications announced the successful launch of its first ten Iridium NEXT satellites. The satellites were delivered into low-Earth orbit approximately one hour after the SpaceX Falcon 9 rocket lifted off from Vandenberg Air Force Base in California at 9:54:39 a.m. PST.

Bahri's Q4 Profit Dips 42 pct -
Bahri, the exclusive oil shipper for Saudi Aramco made a net profit of 327.8 million riyals ($87.4 million) for the three months to Dec. 31, it said on Monday. That compares with 566.4 million riyals in the fourth quarter of 2015. Alistithmar…

DP World signs Kazakhstan Logistics Agreement -
Dubai's DP World, one of the world's largest port operators, has signed an agreement with Kazakhstan to develop a special economic zone in the Caspian Sea city of Aktau, the company said on Monday. DP World and Kazakhstan will look at opportunities…

Eastern Selects MAN Engines for OPC -
The US Coast Guard will have MAN’s 28/33D STC engines installed as the main propulsion for its new Offshore Patrol Cutter (OPC) programme. The programme is the replacement platform for the 13 ‘Famous’ class and 14 ‘Reliance’ class cutter vessels…