Petrobras Directors Agree on Audit Committee Composition
Petrobras’ Board of Directors has unanimously approved the new composition of its Audit Committee, by appointing Directors Luiz Nelson Guedes, Luiz Augusto Fraga…
Being a Shipmaster in Europe Made Easy
From 1 June 2015, the administrative burdens imposed on the maritime industries in Denmark and the rest of Europe will be reduced through the implementation of a new electronic reporting system.
USN to Christen 'USNS Brunswick'
The Navy will christen the future USNS Brunswick (JHSV 6) May 9 during a 10 a.m. CDT ceremony in Mobile, Alabama. Secretary of the Navy Ray Mabus will deliver the ceremony’s principal address. Alma B.
Low Water Levels on Lake St-Louis
* Vessels with a draft greater than 70 dm are limited to 10 knots upbound and 12 knots downbound. * For vessels with a draft of 70 dm or less, the speed limit remains…
Diana, Wilhelmsen form DWM
Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, and Wilhelmsen Ship Management (“WSM”) today announced that they…
New Storage Facility in Portland, UK
A unique storage facility adjacent to one of the busiest shipping trade routes in the world is soon to become available. Since 2001, Portland Port located on the…
Adani Sails Closer to Vizhinjam Deep Sea Port
An empowered committee established by the Kerala State government in India has recommend the lone bid submitted by the Adani Ports and Special Economic Zone Ltd.
Vietnam Reclaims Land in South China Sea
Vietnam has carried out significant land reclamation at two sites in disputed South China Sea waters, recent satellite pictures show, but analysts say the scale…
China Accelerates South China Sea Land Reclamation: US
China embarked upon extensive land reclamation efforts in the disputed Spratly Islands this year, adding huge amounts of terrain as of December to bolster its presence in an area claimed by rivals…
Dry Bulk Shipping to Stay Low
Goldman Sachs can't see an end to the dry cargo downturn until at least 2020 on a glut of vessels and stalling cargo growth, says a report in Bloomberg. Overcapacity…
Near Term Outlook Mixed for Shipping
Shipping services company Clarkson PLC warned that the outlook for the industry remains mixed in the short term and dry bulk and offshore in particular present challenges.
South Korean Okays Casinos in Cruise Ship
South Korea plans to enable its citizens and foreign tourists to wager on new cruise ship services that will serve ports around the country, reports the Korea Joongang Daily newspaper.
North Korea Test-Fires Missile from Submarine
North Korea has successfully test-fired a newly developed ballistic missile from a submarine in what would be the latest display of the country’s advancing military capability.
Daewoo Bags Big Maersk ULCS Order
AP Moller-Maersk has returned to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering for its latest series of ultra-large container ships (ULCS), reports The Korea Economic Daily.
