Sanctioned Shipyard Hopes for Icebreaker Deals
On a sunny day on the Helsinki seafront, sparks fly from steel welding at the bustling Arctech shipyard, which seems insulated from Finland's economic recession…
SCHOTTEL Appoints Two in Houma
SCHOTTEL, a manufacturer of propulsion and steering systems for ships and offshore applications, announced the appointment of Svante Fielding and Randall Freeman at its North American organization, SCHOTTEL Inc., in Houma, La. Fielding, the new Vice President Operations, Fielding previously worked at the SCHOTTEL headquarters in Spay, Germany, and will join the management team in Houma in spring 2016.
China Port Cargo Losses to Reach $1.5 bln
Explosions in the Chinese port of Tianjin last month would lead to cargo losses of at least $1.5 billion, and were having a "significant impact" on the marine insurance sector…
Twenty-two Migrants Dead in Aegean Sea Capsizing
Twenty-two migrants drowned and 200 more were rescued when a boat capsized in the Aegean Sea off the Turkish coast while trying to reach the Greek island of Kos on Tuesday…
Indonesian President Widodo Visits Jebel Ali Port
The President of Indonesia, HE Joko Widodo, today visited DP World flagship Jebel Ali Port where he was received by Chairman HE Sultan Ahmed Bin Sulayem and toured…
IUMI Sees Challenges Amidst Growth
Global premiums for 2014 amount to USD 32.6bn. Although a 3.2% reduction on the 2013 figure, converting local currencies to a single US dollar figure was impacting on the true result.
Kalmar's K-Motion System Reachstackers for Immingham CT
Kalmar, part of Cargotec, has announced a contract to supply Immingham Container Terminal in the UK with four Kalmar Gloria reachstackers equipped with new Kalmar K-Motion technology.
Fincantieri Lays Keel for Seabourn Encore
The keel laying ceremony of “Seabourn Encore”, the first of two ultra-luxury cruise ships that Fincantieri will build for Seabourn, brand of Carnival Corporation…
Strum Named Samson President & CEO
Samson, the worldwide leader in performance cordage, announces that after 41 years with the company, Tony Bon will step down as CEO on January 1, 2016. Andrea Sturm…
New IACS Chairman Pinpoints Top Priorities
ABS Chairman, President and CEO Christopher J Wiernicki has set out his priorities as incoming IACS chairman, emphasizing the unique role the organization plays…
SHIPPINGInsight to Focus on Ship Telematics
The directors of SHIPPINGInsight today announced that U.S. Merchant Marine Academy professor Capt. David Moskoff has agreed to be a special guest speaker at the…
US Ports Pose Low Risk Despite Volume Swings
Stand-alone U.S. port ratings remain largely in the 'A' category despite volume fluctuations during economic downturns, according to a new Fitch Ratings report.
IUMI's Focus on Education, Communication, Lobbying
At the highly anticipated International Union of Marine Insurance (IUMI) annual conference, IUMI President, Dieter Berg, detailed a number of key initiatives that…
Ferry Capsizes in Maldives
A ferry enroute to South Ari Atoll (Alif Dhaal atoll) Maamigili from the capital Male has capsized leaving all the passengers onboard stranded at sea. Around 80…
India Relaxes Cabotage for Special Vessels
Vessel operators can now be allowed to bring foreign flagged vessels on the coastal routes as the Indian Government has decided to relax cabotage for special vessels.
Savannah Harbor Dredging Begins
The dredging project in the Savannah Harbor began on Monday. The Army Corps of Engineers, the federal agency overseeing the harbor expansion, says that the project…
Cyprus Pledges Support for Shipping
The government of Cyprus will support and bolster growth of the country’s maritime sector, Marios Demetriades, minister of transport, communications and works, said, reports In-Cyprus.
EU Climate Deal Must Address Shipping, Says Greens
The groups representing European Parliament's (EP) environment committee are urging European leaders to include international shipping in the global climate deal…
Law Maker Attacks Korean Shipbuilders
Lee Jin-bok, a lawmaker of the ruling Saenuri Party in Korea says that the government has given an "incentive for mutual growth" to Korea's major shipbuilders while…
India, Australia Begin First Joint Maritime Exercises
India and Australia have commenced the first bilateral maritime exercise, Ausindex15, in Visakhapatnam, India, strengthening defence cooperation between the countries.
