Asia-Europe Box Rates Drop 22.4 pct
Shipping freight rates for transporting containers on the world's busiest route have dropped by more than 20 percent for the second consecutive week and are now at their lowest level since July 24.
Kenya Raids Suspected Drug Ship
Kenyan police raided a ship docked in the Indian Ocean port of Mombasa on Friday, on suspicion that it carried drugs and firearms, officials said. East Africa has…
Maersk Orders 9 Tankers from Samsung Heavy Industries
Maersk Tankers, a unit of Danish conglomerate A.P. Moller-Maersk, has placed a $300 million order for nine medium-range tankers from Samsung Heavy Industries' Ningbo shipyard in China.
Aframax Tanker Designed for Arctic Shipping
A modern Aframax-sized tanker concept designed for transporting crude oil and oil product in the Arctic has been developed via collaboration between Deltamarin Ltd. and Aker Arctic Technology Inc.
Industry Award for Simrad Halo Pulse Compresssion Radar
Simrad Yachting announced today that Simrad HALO Pulse Compression Radar has been awarded the National Marine Manufacturers Association (NMMA) Innovation Award in…
Commission Appointments at Long Beach Port
The Long Beach City Council on Tuesday confirmed the appointments of Long Beach City College executive Lou Anne Bynum and former City Councilman Doug Drummond to…
Swire Pacific Acquires Fourth PSV
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the delivery of its latest Platform Supply Vessel (PSV), Pacific Grackle on Thursday, 17 September 2015 in Japan.
APM Terminals Liberia Sees Economic Recovery
Addressing the US - Liberia Trade & Investment Forum in New York City, APM Terminals Liberia Managing Director George Adjei points to a 30% increase in import container…
Wah Kwong Acquires DNV GL's ShipManager
Wah Kwong Ship Management (HK) Limited will adopt DNV GL’s ShipManager integrated fleet management software suite to further improve operational efficiency, data transparency and safety reporting.
ABB Orders Cable-laying Vessel
ABB informs it has ordered a cable-laying vessel from Kleven shipyard in Norway. The new ship, scheduled to be delivered in 2017, will be custom-built to ABB specifications…
Offshore Wind Energy Within Reach for North Carolina
As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, the Bureau of Ocean Energy…
Jan De Nul Acquires Jack-up Heavy Lift Vessel
![Photo: Jan De Nul Group](https://images.marinelink.com/images/maritime/w100h1500/photo-jan-de-nul-group-49842.jpg)
The dredging and maritime management company Jan de Nul Group signed the acquisition of the offshore facility vessel Vidar, which previously worked for the German company Hochtief. The facility vessel Vidar, which is less than two years old, was specially built for installing offshore wind farms at sea and is one of the largest of its kind in the world. “With the Vidar in our fleet we considerably extend our specialized services for the installation of offshore windparks…
Ceona Ship Goes to Court Appointed Administrator
UK offshore vessel owner Subsea contractor Ceona has gone into administration, with the loss of 102 jobs. Ceona and Ceona Services (UK) Ltd have been hit by the…
Chinese Shipyard Orders Plunge
New ship orders at Chinese yards have fallen 68.3 percent to the end of August as tough conditions prevailed in the global shipping market, Global Times reported…
Shell, BG Merger Faces Roadblock
The Australian Competition and Consumer Commission (ACCC) has raised concerns that Royal Dutch Shell's proposed $70 billion takeover of BG Group may lessen gas supply…
Polarcus Gets West Africa Contract
Polarcus Limited has announced it has received a letter of intent for a 3D marine seismic project in West Africa. The client was not disclosed by the Dubai-based seismic vessel operator…
Belships Signs Deal with Imabari
Belships has entered into a sale and leaseback agreement with a Japanese counterpart for the ship M / S Belforest. Belforest, 61,000 dwt Ultramax bulk carrier is…
Dry bulk shipping, Tankers Fall Down
All stocks under Drewry Maritime Equity Research (DMER)’s dry bulk coverage were down and recorded double-digit negative returns, taking cues from vessel earnings.
MSC India Wins MALA Award
For the 6th consecutive year, the Maritime and logistics awards (MALA) ceremony took place on 4th September at the Leela Hotels, Andheri east, Mumbai. The awards…
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