Oversupply Remains - Drewry
The withdrawal of Hanjin tonnage has not been enough to rectify the trade’s supply-demand imbalance and headhaul ship utilisation is lower compared to other major East-West markets.
European Cooperation Essential in Strengthening Inland Navigation
European cooperation is necessary in order to integrate inland waterway transport better into the multimodal logistic chains. the annual capital conference of KEO - Chamber Union Elbe/Oder.
Hurricane Exercise option over Drilling Rig
Hurricane Energy, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that, further to the rig…
Majo Appointed President of Civitavecchia, Gaeta and Fiumicino Port Authority
International law firm Watson Farley & Williams (“WFW“) is delighted to announce that Rome corporate Counsel Francesco Maria di Majo has been appointed president…
2nd Asian Marine Casualty Forum Launched
Following the success of the inaugural Asian Marine Casualty Forum (AMCF) in 2015 and by popular demand, the bi-annual industry forum aimed at addressing the current…
DMCA, DNV Join forces to promote Maritime Innovation
In cooperation with Det Norske Veritas, one of the world's largest classification society of vessels, Dubai Maritime City Authority's (DMCA) 'Maritime Innovation'…
Abu Dhabi Ship Building Expands Portfolio
Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, has expanded its customer…
Hamburg Süd for Sale?
Speculations about an upcoming sale of Hamburg Süd have intensified in the market, says a report in WSJ. Hamburg Sud, the seventh-largest container-shipping operator world-wide in terms of capacity…
The Arctic Is In Meltdown
The Arctic has lost almost 95% of its older ice cover since 1984, says NASA. The area covered by Arctic sea ice at least four years old has decreased from 1,860…
S.Arabia Costructs Huge Shibuilding Complex
A Reuters report quoting Saudi Arabia's energy minister Khalid al-Falih said that the country expects a huge ship repair and shipbuilding complex that its national…
Indian To Boost Maritime Security Ties with Sri Lanka
To enhance bilateral maritime relations, Indian Chief of Naval Staff Admiral Sunil Lanba, has embarked on a five-day visit to Sri Lanka. According to PTI report…
Enhancing Search and Rescue Services in Western Africa
International Maritime Organization (IMO) is supporting countries in western Africa to enhance their national search and rescue (SAR) services with a regional training…
Jotun:ISO 19030 standard can make $30 bln impact on the industry
The International Organization for Standardization (ISO) has now published the long-awaited ISO 19030, a new standard conceived to measure changes in ship-specific hull and propeller performance.
Tersan Shipyard Orders Deck Equipment
PALFINGER MARINE and Harding Safety recently signed a contract to provide lifesaving equipment and cranes for two fishing vessels being built in Tersan Shipyard.
Boskalis wins SponsorRing Award
Royal Boskalis Westminster N.V. (Boskalis) was last night named winner of the SponsorRing 2016 award in the 'Society' category for its sponsorship of The Ocean Cleanup's North Sea prototype test.
International Standards for Carriage of Offshore Technicians
On Friday, the IMO Maritime Safety Committee (MSC) took one important step forward in its work to develop international standards for the carriage of offshore technicians…
Navig8 Receives 8th Interline-Coated Tanker
Navig8 Chemical Tankers Inc. today announced that it has taken delivery of the Navig8 Tanzanite, a 49,000 DWT IMO2 Interline-coated chemical tanker, from STX Offshore & Shipbuilding Co., Ltd.
Designees to The TechnipFMC Board Announced
Technip S.A. (Euronext: TEC) and FMC Technologies, Inc. (NYSE: FTI) today announced their respective designees to the Board of Directors of the combined company…
Akastor, Mitsui, MOL Close JV Transaction
Akastor ASA (OSE: AKA) announced today that the Agreement with MITSUI & CO., LTD ("Mitsui"), and Mitsui O.S.K. Lines, Ltd. ("MOL"), to create a joint venture with…
Injured Crewman Hoisted over 170 mi off Columbia River
A Coast Guard aircrew performed a medical evacuation of an injured crew member from a 618-foot cargo vessel over 170 miles offshore from the Columbia River, Saturday.
