Dan-Bunkering Reports Increased Profits
Dan-Bunkering, with 13 offices positioned in nine countries around the world, announced it can this year present a very satisfactory result for the financial year 2014/15. The Dan-Bunkering Group has achieved a profit before tax of $16.4 million and a prosperity in gross profit of 11 percent compared with last year’s results. Company CEO Henrik Zederkof said, “We have experienced many positive changes within our organization…
ABS to Class Maersk's Mega Ships
Maritime shipping and offshore classification services provider ABS has been selected to class 11 newbuild ultra-large containerships (ULCs) for Maersk Line A/S of Denmark, the classification society announced today. At 19,630 TEU, Maersk’s second generation of Triple-E containerships will larger than the first, and were ordered from Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea last month in a deal that includes options to build up to six additional vessels.
New Rescue Vessel Marks Milestone for Craig Group
North Star Shipping has reinforced its fleet of next generation vessels after taking delivery of its new ERRV, the Grampian Devotion, in Aberdeen. The latest vessel represents the eighth and final D-class IMT-950 Emergency Response and Rescue vessels (ERRVs) that the company has had specially built as part of a major $169 million investment program. Callum Bruce, managing director of North Star Shipping which is operated by Craig Group…
Maersk Line Orders Nine Boxships in $1.1 bln Deal
Maersk Line, the world's largest container shipping company, said on Wednesday it has ordered nine 14,000 twenty-foot equivalent units vessels from Hyundai Heavy…
Two Dead in Petrobras Offshore Accident
Two workers died at a construction project at a Brazilian oil terminal operated by state-run Petrobras on Tuesday, adding to a string of fatal and life-threatening accidents…
Beijing: China and Taiwan have S.China Sea Obligations
Both China and Taiwan have an obligation to assert claims to the South China Sea, China's Foreign Ministry said on Wednesday, in a sign of rare political agreement…
Thailand $1 bln Submarine Deal with China
Thailand’s navy has approved a 36 billion baht ($1.1 billion) plan to buy three submarines from China, reports local media. Royal Thai navy officials selected China over competing bids from Russia…
NASA to Further Develop Titan Submarine Design
Step forward the Titan Submarine, a proposal that NASA has just awarded a second round of funding through their Innovative Advanced Concepts (NIAC) program. It is…
Egypt, Russia Pact for LNG Shipments
The Egyptian Natural Gas Holding Company (EGAS) signed an initial agreement with Russian company Rosneft to supply oil products and liquefied natural gas (LNG) shipments. The document defines key terms of the future cooperation between the companies in the area of LNG supplies. The implementation of the terms of the signed document will allow Rosneft to access the high growth potential Egyptian gas market and deepen broader cooperation between the two companies.
Rohde Nielsen Bags Port Tauranga Dredging Contract
Danish dredging company Rohde Nielsen has won the tender to complete dredging at the Port of Tauranga, New Zealand's largest port company. The capital dredging program…
UK Rowers Rescued - Again
Two Englishmen - one an epileptic with head injuries - attempting to break the world record for rowing across the Indian Ocean as a duo have been rescued for a second time.
Container Ship Industry ‘Lucky to Break Even' in 2015,
Global shipping consultancy Drewry predicts the container ship industry will be "lucky to break even this year" as shipping rates slump due to catastrophic overcapacity.
Caspian Sea Port Link Opened
President Nursultan Nazarbayev has formally opened the Borzhakty – Ersai railway. The 13·9 km branch from the Aktau - Uzen line will serve a port which is being…
Adani Mulls Take Over of Katupalli Port
India's Adani Group is likely to take over the operational and management control of Larsen & Toubro (L&T) Kattupalli International Container Terminal near Chennai, reports Business Standard.
USCG Saves Sailor in Gloucester, Mass.
A crew from Coast Guard Station Gloucester, Mass, rescued a man after his sailboat capsized near the station in Gloucester Harbor Tuesday. At 3:35 p.m., the station…
Inauguration of Jimmie H. Hobaugh Community Center
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today the completion of the Captain Jimmie H.
Academies of IRS, Lloyd's Maritime, IBC Sign MOU
IRClass Academy of the Indian Register of Shipping (IRS) signed a Memorandum of Understanding last month with Lloyd’s Maritime Academy (LMA) and IBC Academy (IBCA)…
Vogel Appointed CEO, Eagle Bulk Shipping
The Board of Directors of Eagle Bulk Shipping Inc. today appointed Gary Vogel as Chief Executive Officer of Eagle Bulk, effective September 1, 2015. In addition to his new position, Mr.
HHI, GE Win AIP for Gas Turbine-powered Carrier
Hyundai Heavy Industries announced today that the company has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine (GE)…
American Boatbuilders Association Select IMTRA
IMTRA, the leading manufacturer and importer of quality marine products, announced today its selection by the American Boatbuilders Association (ABA) as a Supplier of Choice for lighting products.
