Dry Bulk Carriers Orders "Drying” Up?
Dry bulk orders have fallen to the lowest level since the 1990s to 0.4m dwt per month showing a massive 98% reduction from the 23m dwt peak in orders in December 2007…
Singapore, Malaysia and Indonesia Joint Maritime Patrol in South China Sea
Singapore, Malaysia and Indonesia are in discussions to extend joint patrols to deal with a resurgence of piracy in the South China Sea piracy hotspots, said Singapore's…
Russian, Chinese Navies Grow Even Closer
Russian “joint maritime -2015 (1)” today (May 11) officially launched a joint military exercise, the exercise will continue until 21 May, reports Chinese state news agency Xinhua.
More Ferry Services between Johor and Singapore
As agreements was signed between Singapore and Malaysia to boost the number of ferry trips between Changi Ferry Terminal, Singapore and Tanjung Belungkor in south-eastern Johor, Malaysia. The memorandum of understanding (MOU) signed was between Singapore's Maritime and Port Authority (MPA) and the Johor Port Authority on the sidelines of the annual retreat between Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak.
India to Monitor Shipping in South China Sea
As the disputed South China Sea heats up around the world, the Cabinet Committee on Security (CCS) of India has Okayed a plan to virtually keep an eye on shipping…
Turkey Signs Contract for Light Career
The Turkish shipyard SEDEF has signed a contract with the Turkey's procurement agency, the Undersecretariat for Defense Industries (SSM) for the design and construction…
Floating Storage Picks Up
Information about the ships reveals that about every third vessel on charter contract earlier this year is now being used for floating storage. Most of the Arabian Gulf…