DP World H1 Earnings Jump, Mulls Iran launch
DP World may launch operations in Iran, the company's chairman said on Thursday, as the global ports operator reported a jump in half-year earnings after buying assets from its parent company.
IMEI Certification - Unique Achievement
For Institute of Marine Engineers of India having achieved standardisation and maintainenace of quality processes simultaneously not just at their Head Office but…
Wärtsilä 34DF Becoming a Trendsetter
The upgraded version of the Wärtsilä 34DF engine is rapidly becoming established as an industry standard. The three major South Korean shipyards are supporting the use of this engine for auxiliary applications in the LNG Carrier segment where dual-fuel engines are favoured. South Korea currently has more than 80% of the total order book for LNG tankers, while the Wärtsilä 34DF engine has achieved an auxiliary application market share of approximately 70% in this sector.
Rosneft, EGAS Ink LNG Supply Deal
Rosneft Trading SA, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company (EGAS) signed a Master LNG Supply and Purchase Agreement. The document…
DNV GL Wins Frame Agreement with CLP Hong Kong
DNV GL, the technical advisor to the oil and gas industry, has been awarded a framework agreement by CLP Hong Kong to deliver risk management advisory services for its Asia Pacific operations.
MacGregor to Lay Off 100 Staff
MacGregor, part of Cargotec, plans to reduce workforce in MacGregor Uetersen site in Germany to restructure the operations to the weak market demand. The market…
VIKING Expanding Australasian Activities
VIKING Life-Saving Equipment A/S has acquired a part of Australia-based Wiltrading Pty Ltd.’s maritime safety equipment activities effective 1 September. The move…
RoRo Operations Start at APM Terminals Pipavav
APM Terminals Pipavav (Gujarat Pipavav Port Ltd) and NYK Auto Logistics (India) today announced the commencement of RORO operations at Pipavav Port. Ford Motors…
Royal IHC successfully launches TSHD MAHURY
On 14 August, Royal IHC successfully launched the MAHURY, a 1,840m3 capacity twin-screw trailing suction hopper dredger (TSHD), at partner shipyard MTG Dolphin Shipyard in Varna, Bulgaria.
Break Bulk in Rotterdam on the Way Up
The opening of a new break bulk terminal is one of the many developments and investments in the break bulk sector in the port of Rotterdam; a sector that has been very much on the up in recent years.
Shipping Lines Cut CO2 Emissions
The container carriers have managed to reduce their combined CO2 emissions by around one third since 2009, according to a new report. Average CO2 emissions per container…
Hapag-Lloyd Swings to Profit in H1 2015
German container carrier Hapag-Lloyd is starting to see the commercial benefits of its integration with the container shipping arm of Compañía Sud Americana de Vapores (CSAV)…
Cosco Pacific Profits up 12%
Major terminal operator Cosco Pacific has reported a 12% on-year increase in net profits for the first half of this year to nearly $164.4m on good cost control and…
Malaysia, Indonesia Team up to Fight Piracy
An increase of incidents of piracy and armed robbery in SouthEast Asia has prompted Malaysian and Indonesian law enforcement to form a joint rapid deployment team in response…
MPA Rewarded for Green Practices
The Maritime and Port Authority (MPA) clinched top honours at this year's Singapore Environmental Achievement Awards. MPA has won two of the three titles given to the sector…
MPA Fines Unlicensed Bunker Supplier
The Maritime and Port Authority of Singapore (MPA) has fined JL Petroleum for supplying marine fuel in the world’s largest bunkering hub without a valid license.
CNOOC Profits Nosedives, Eyes South China Sea
Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56 percent decline in profit for the first half of this year. Net income dropped to 14.73 billion yuan ($2.3 billion)…
US Plans More Maritime Drills in Asia
The United States will increase the number of drills it conducts in the Asia-Pacific as part of its new strategy to counter to China’s expansion in the South China Sea…
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