Totem Inks LNG Conversion Deal with Keppel
Totem Ocean Trailer Express announced that it has signed a contract with Keppel Offshore & Marine Ltd, wholly owned subsidiary Keppel Shipyard Ltd for the conversion…
Russia Submits Vast Arctic Territory Claims to UN
Russia has submitted its bid for vast territories in the Arctic to the United Nations, AP reported as the Foreign Ministry saying. The ministry said in a statement…
Asia to Northern Europe Shipping Rates Jump 177%
Asia to Northern Europe shipping freight rates for transporting containers jumped by 177.3 percent to $1.109 per 20-foot container (TEU) in the week ended on Friday…
CMA CGM Vivaldi Docks at Halifax Port
The Port of Halifax, Nova Scotia, may be getting a new lease on life with the arrival on August 3 of the CMA CGM Vivaldi at Halterm International Container Terminal.
Southeast Asia Turns into a Piracy Hot Spot
According to data from the International Chamber of Commerce’s International Maritime Bureau, pirate attacks in Southeast Asia hit a 12-year high in the first six months of 2015.
Marine Bodies Unite
The boards of the International Seafarers Welfare and Assistance Network (ISWAN) and the Maritime Piracy Humanitarian Response Programme (MPHRP) are pleased to announce…
Seattle and Tacoma Ports Cement Alliance
The port commissions of Seattle and Tacoma voted unanimously to form the Northwest Seaport Alliance, unifying the longtime rivals’ marine cargo divisions. The alliance…
China's Maritime Silk Road Gamble with ASEAN
The Chinese Foreign Minister Wang Yi said China hopes to connect its 21st-century Maritime Silk Road with the ASEAN Community, reports the state news agency Xinhua.
Taiwan’s Evergreen Resume Traffic in Iran's Shahid Rajaee Port
Taiwan’s Evergreen Marine Corp. has authorized one of its huge container ships to berth at Shahid Rajaei port in southern Iranian province of Hormozgan, reports Press TV.
Marad Visits TX Maritime Technology & Training Center
United States Maritime Administration tours Maritime Technology and Training Center site. Administrators from the United States Maritime Administration (MARAD),…
ISS Announces CEO Transition
Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”). The current Chief Financial Officer, Chris Whiteside, has been appointed as acting Chief Executive Officer. Captain Claus Hyldager is now serving a period of garden leave and will assist with an orderly handover. A special committee of the ISS Board will oversee the search for a permanent CEO with the assistance of a leading executive search firm.
CME Lifts Force Majeure for all Illinois River Grain Terminals
CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery…
FURUNO of Japan Increases Investment in ENL
ENL Group and FURUNO Electric Co. Ltd of Japan have announced that FURUNO has increased its investment into the New Zealand company to a total of 29.5%. The new level of investment is an increase from the initial 10% announced in July 2014. ENL, founded in 1945, has an impressive and unbroken 70-year history in the marine electronics industry. The company has also represented FURUNO in the New Zealand market for over 50 years.
SKANReg Recruits UK Ship Register's Mazumdar as CEO
After four groundbreaking years as head of the UK Ship Register (UKSR), Debasis Mazumdar is moving on to become CEO of the London-headquartered St Kitts & Nevis International Ship Registry (SKANReg), with a mission to drive further growth for the ambitious ten-year-old Caribbean flag state. He succeeds Nigel Smith in the role from August 10 and will also take over from him as International Registrar after a familiarization period of three months.
Pressure for Australia Sub Deal Grows
Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders. Australia will spend A$89 billion ($65 billion) on ships…
S.Africa Considering Ship-Based Power Generation
South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday.
Asian Nations Call for Stop to South China Sea Land Work
Calls grow for China to halt land reclamation. Southeast Asian countries on Tuesday backed a U.S. call to halt land reclamation in the South China Sea, underlining…
Latest USCG Cutter At Boston Harbor
The Coast Guard’s latest 418-foot National Security Cutter James (WSML 754) entered Boston Harbor August 3, 2015. The James is the fifth of eight planned National…
LNG Ferry Construction for Tallink Begins
The start of production of Tallink's new generation LNG powered fast ferry for the Tallinn-Helsinki route was celebrated on the 4th of August 2015 at Meyer Turku shipyard.
FMC Collects $1,227,500 in Penalties from NVOCC's
Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties.
