DP World Profit, Margins Soar
Dubai's DP World, one of the world's largest port operators, posted an 11.8 percent rise in 2014 net profit as profit margins grew in all its regions, the company said on Thursday.
Icebreaker Makes Emergency Return to Antarctica
The icebreaker 'Aurora Australis' was forced to return to Antarctica on Thursday, to evacuate a seriously ill Australian expedition member, just two days after leaving…
Harim to Expand Pan Ocean with Grain
Firm aims to hike Pan Ocean sales to over 10 trln won in 5-6 years. South Korea's Harim Group aims to grow sales at the country's largest bulk shipper Pan Ocean Co Ltd…
Costa Cruises Cancels Tunis Visits
Italy's Costa Cruises, a unit of Carnival Corp, said on Thursday it had cancelled stops in Tunisia after gunmen killed at least 17 tourists and two Tunisians at…
USCG, Agencies Respond to vessel taking on Water
Coast Guard members and local agencies responded to a fishing vessel taking on water with two people aboard west of Alcatraz Island in San Francisco Bay Wednesday afternoon.
AGCT Opens COSCO Service in Rijeka
Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, recently…
Largest Ship Ever Calls on Savannah
The Georgia Ports Authority welcomed the largest ship ever to call on the Port of Savannah today when the ZIM Tianjin docked at Garden City Terminal. "This 10,000…
NSPAD Tested, Boon for Navy
This project was originally proposed to NSRP as the Improved Advanced Watertight Door, with a goal of promoting a successful developmental door design to full commercial…
Petrobras Sets Well Depth Record
Petrobras has broken a new domestic record for exploratory drilling by reaching a water depth of 2,990 meters. This was achieved in February while drilling a well…
Fugro Supports Ergon Energy's Response to Cyclone
Fugro’s disaster support services contributed to a fast recovery from the effects of tropical cyclone Marcia which left more than 67,700 households without power…
COMSYS Report Confirms Intellian's Leadership
The 4th Edition of the COMSYS Maritime VSAT Report confirms Intellian as the leading company within the stabilised antenna market, with a 35.6% share of the market.
Krishnapatnam Port wins CII EHS Award
Krishnapatanam Port was declared winner of the CII Southern Region’s EHS Excellence Award for 2014. The 8th EHS Award organized by the Confederation of Indian Industry…
Maher to Invest in Prince Rupert Port Expansion
Maher Terminals Holding Corp., the operator of the Port of Prince Rupert’s Fairview Container Terminal, today announced its decision to proceed with expansion of the 7-year-old facility…
Pirates Hijack Tanker off Indonesia
The tanker Singa Berlian has been hijacked, off Pulau Repong, Indonesia, by armed pirates, reported anti-piracy watchdog International Maritime Bureau (IMB). According to the report…
Malaysia Proposes Asean Peacekeeping Force for South China Sea
Malaysia is proposing a joint peacekeeping force to help rebuild trust among Southeast Asian countries after bitter arguments over their handling of China’s territorial claims in the South China Sea…
Europol Launches JOT to Combat Illegal Sea Migration
European Union law enforcement agency Europol has launched Joint Operational Team (JOT) Mare, in a bid to combat irregular migration through the Mediterranean Sea.
Panama Canal Case Headed to Arbitration
The Panama Canal Authority (PCA) and the consortium building a third set of locks for the inter-oceanic waterway said in separate statements that they will take…
Hong Kong's Clean Fuel Rules May Cost Shippinglines
The bill requiring ocean going ships to switch to low sulfur fuel while at berth in Hong Kong could effectively raise the cost of shipping containers through the city.
Nicaragua Canal: Connects Ocean, Disconnects People
The $50 billion Nicaragua Canal scheme promises to bring huge economic benefits to Central America's poorest country. But environmentalists and peasant farmers strongly oppose the project.
China 2014 Gross Maritime Output 6 Trillion Yuan
China's maritime economy generated a total of 5.99 trillion yuan (962.4 billion U.S. dollar) in 2014, a 7.7-percent increase over 2013, says the State Oceanic Administration (SOA).
