US: South China Sea Reclamations Stoke Instability
China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tension that could even lead to conflict, U.S.
Ferry Firm DFDS Looks to Expand
Danish ferry and transportation firm DFDS is on the takeover trail, its chief executive said, after reporting its highest first-quarter operating profit on record…
HSH Bank to Split Off Bad Shipping Loans
German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.
Italy: 900 Migrants Rescued at Sea, One Dead
More than 900 migrants were rescued in one day from three overcrowded boats en route to Europe from North Africa, an Italian coast guard official said on Thursday. One body was recovered.
Damen to Refit RNLN Torpedo Ship
Damen Shiprepair & Conversion has won the contract for the life-prolonging maintenance and refit project of the Royal Netherlands Navy torpedo ship Zr Ms Mercuur.
Kalmar to Heighten STS Cranes of DP World Antwerp
Kalmar, part of Cargotec, has been awarded the contract to heighten three Kalmar ship-to-shore (STS) cranes operated by DP World Antwerp Gateway NV. The order was…
IRClass is 40
IRClass, a leading Class Society in Asia has successfully completed 40 years in the service of Maritime industry. With the growth in India’s international trade…
US DON Launches the "Hatch"
The Department of the Navy (DON) launched its crowdsourced ideation platform, the "Hatch," May 20. The launch of the Hatch is part of the initiative to build a DON Naval Innovation Network (NIN).
Launch of 'Eunavfor Med' Welcomed by BIMCO
The decision of the EU Council to launch EUNAVFOR Med* was today strongly welcomed by BIMCO, following the association’s statement on 24 April calling for an extension…
PSC, BP Claims Against Transocean Resolved
Transocean Ltd. announced that it has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (the "PSC") and with BP Exploration & Production Inc.
NASSCO Bags USS Mitscher Maintenance, Modification Contract
General Dynamics NASSCO, a business unit of General Dynamics has been awarded a $36.4 million contract for maintenance, modernization, and repair of the USS Mitscher (DDG 57).
ABB to Make Robots in the US
ABB announced today it will start production of robots in the United States, making it the first global industrial robotics company to fully commit to and invest…
18 Kalmar RT 240s for US DoD
Kalmar, part of Cargotec, has received an order to supply a further 18 rough terrain container handlers to the United States Department of Defense. Destined to replace older equipment…
Antwerp Port Launches Breakbulk Application
Port of Antwerp has launched breakbulk application for more efficient freight handling. Antwerp has long been the breakbulk port par excellence in Europe. This status…
Gail to Sell LNG Supplies from US to Shell?
GAIL (India) Ltd has signed a preliminary deal with Royal Dutch Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production…
CSD, Cosco JV to Buy Vale's Bulk Carriers
China Shipping Development (CSD) and Cosco have established a joint venture (JV), China Ore Shipping Pte., in Singapore to purchase four 400,000 dwt ore carriers from Vale and operate them.
China Denies Kra Canal Deal
China has denied it is involved in work on the Kra canal, defusing hype over a project that purportedly lets ships bypass the Strait of Malacca and Singapore's port, reports Strait Times.
Petronet LNG appoints new chairman
India’s largest importer of the chilled gas Petronet LNG has appointed Kapil Dev Tripathi, Secretary, Ministry of Petroleum and Natural gas as Chairman and Director on the Board of the company.
Joe Tofalo to Lead US Submarine Force
Rear Adm. Joe Tofalo will take command of Submarine Forces, a post that comes with a third star and oversees the submarine force's manning, gear and training. Secretary…
British Columbia Signs LNG Deal with Petronas
B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia's Petronas, for a liquefied natural…
