Maersk's APM Snaps up 11 More Terminals
Port operator APM Terminals, part of Denmark's A.P. Moller-Maersk, is buying 11 container ports from Spanish shipping and logistics group Perez y Cia to boost its…
Oil Train Risks Impact U.S. School Kids
Thousands of U.S. schools sit along rail corridors used to carry toxic substances such as crude oil and would be at risk in the event of a derailment, an environmental…
UNHCR: Plan for 450K Med Refugees in 2016
The U.N. refugee agency expects the number of refugees fleeing across the Mediterranean to Europe to hit 400,000 this year and could be 450,000 or more in 2016,…
Tools for Operational Performance in Rotating Equipment
Many pieces of rotating equipment are operating below optimum capacity, affecting production costs, revenues and resulting in unexpected down time. DNV GL has been…
China Merchants Group, Sinotrans Deny Merger
China Merchants Energy Shipping Co., Ltd, a subsidiary of China Merchants Group, on Friday denied media reports that China Merchants Group would merge with Sinotrans & CSC Holdings Co., Ltd.
Maersk Introduces Surcharge Refrigerated and Intermodal
The Danish shipping company Maersk Line informed its customers that it will introduce a new code of surcharge controlled atmosphere (SatarCare) to containers with refrigerated goods…
APM Terminals Pipavav Handles 10,000 TEU vessel
Gujarat Pipavav Port Ltd (APM Terminals Pipavav) announced the successful berthing of the largest container vessel with capacity of approximately 9,971 TEUs in the history of the port.
Nan Tsing Suspends Operations
Chinese domestic container carrier Nan Tsing Container Lines has ceased operations of its entire shipping fleet as it struggled with mounting debts, says local media.
China’s Crisis Not Impacting Tanker Market
In its latest weekly report, London-based shipbroker Gibson noted on China that “certainly, Chinese manufacturers have lost their appetite for commodities which…
Sydney Harbor Imposes Sulphur Cap for Cruise Ships
From 1 October, a new regulatory amendment will come into effect which requires cruise ships calling to use low sulphur fuel (01% of less) while berthed in Sydney Harbor.
Dry Bulkers - Spot Market
Capesize - With the Chinese away from there desks during the final part of the week, conditions slowed down considerably with rumors of fixing out of West Australia already showing softer numbers.
Turkey’s Global Ports Acquires 31% Stake in Valletta Cruise Port
Global Ports Holding has signed a binding deal to acquire a 30.79 percent stake in Valetta Cruise Port Plc (VCP), which has operational rights of the Malta cruise port and its retail areas.
Maritime Silk Road Society Inaugurated in Hong Kong
The Maritime Silk Road Society (MSRS) was inaugurated on Monday to explore new development opportunities for the Hong Kong Special Administrative Region in the context of the Belt and Road Initiative…
Sweden Proposes Tonnage Tax
The Swedish government has proposed a Swedish tonnage tax system. The aim is for Swedish shipping companies to compete under equal conditions with companies in other countries in Europe.
Global Marine Technology Trends 2030 report released
Global Marine Technology Trends 2030, released today, is the culmination of a collaborative project between Lloyd’s Register, QinetiQ and the University of Southampton…
BV's New Academy to Meet Increased Verification Demand
Leading classification society Bureau Veritas has opened a Verification Academy which will help it to meet increasing demand for verification in the EU and globally…
Silverstream Technologies Names Potts as Head of Supply Chain
Silverstream Technologies, pioneers of air lubrication technology for the shipping industry, today announced the appointment of Stephen Potts as its new Head of Supply Chain.
Thomas Miller Awards Robin Travis Scholarship
The UK P&I Club one of the leading shipping protection and indemnity mutual insurers, has awarded Tobias Rennekamp the Robin Travis Scholar for 2015. Tobias will…
Thomas Miller Acquires Marine Law Firm
Thomas Miller the international insurance, professional and insurance services provider announces the acquisition of the partners and staff of specialist marine law firm…
SCA Circular on Requirements of Ships' Documents, Drawings
Circular issued by Suez Canal Authority concerning ships' documents and drawings which are required to be ready onboard before transiting the canal for first transit…