Saudi Shipper Bahri Q3 Net Profit Rises
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 501 percent increase in third-quarter net profit on Tuesday.
Sanmar to Build 6 Terminal Tugs for Svitzer
Svitzer has signed a contract with Turkish shipbuilder Sanmar Shipyard for the construction of six newbuild terminal tug vessels, the first of which is scheduled for delivery in Q4 2016.
Panama Canal Reports Record Tonnage
The Panama Canal Authority (ACP) announced a new tonnage record, welcoming 340.8 million Panama Canal tons (PC/UMS) through the canal for the 2015 fiscal year ā a 4.3 percent increase year-on-year. This year's record surpasses the previous record of 333.7 million PC/UMS tons set in FY2012, ACP said. During the fiscal year, which ran from October 1, 2014 to September 30, 2015, containerships registering the highest total tonnage, followed by dry bulk, liquid bulk and car carriers.
SCI Bags 3rd Best Enterprise Award
The Shipping Corporation of India Ltd., has won the third prize for the āBest Enterprise Awardā in the 26th Regional Meet organized by the Forum of Women in Public Sector (WIPS), Western Region.
NYK Joanna Rescues Fishermen off Philippines Coast
On October 3, NYK Joanna, a containership operated by NYK, rescued seven fishermen in distress off the coast of the Philippines. While the NYK vessel was sailing on October 3 from Vungtauā¦
Noreco CEO Quits
Norwegian Energy Company ASA (Noreco) announces that Tommy Sundt is stepping down as CEO of Noreco ASA. Since joining Noreco in September 2014, Tommy Sundt has playedā¦
BSM Completes Global Management Program
Bibby Ship Management has successfully completed its second Global Management Programme which, it says, has helped to develop the management skills of all its managementā¦
DP World Leading M.E. Investor - MEIRS Awards
Global marine terminal operator DP World has collected an impressive four awards including the Grand Prix of āLeading Corporate for Investor Relations in the Middleā¦
Diana Charters Panamax Bulker
Diana Shipping Inc. today announced that through a separate wholly-owned subsidiary, it entered into a time charter contract with Cargill International S.A., Genevaā¦
Algoryx Simulation, Kongsberg Maritime Ink R&D Deal
Kongsberg Maritime and Algoryx Simulation have entered a five year agreement, which supports Kongsberg Maritimeās continuing development of fidelity and realismā¦
New Orleans Port, CORBA Join forcesā
An agreement signed today by Port of New Orleans officials and industry leaders from the Central Ohio River corridor could help spur commerce between the two regions.
USCG, RCAF to Conduct Joint Training
The crew of Coast Guard Air Station Traverse City is hosting an international joint search-and-rescue exercise with members of the Royal Canadian Air Force beginningā¦
Long Beach Port Delivers Best Quarter
With the best September in its 104-year history, the Port of Long Beach last month moved enough cargo volume to also achieve its busiest quarter, signaling a return to pre-recession trade levels.
Hapag-Lloyd Revises Schedules Following Vessel Delays
As an exceptional measure, an extra vessel will be phased in for one cycle until the schedule is fully recovered, which mean to run the service with 8 vessels. Theseā¦
Norwegian Epic Drydocks at Damen Shiprepair
On Sunday, 27 September, Norwegian Cruise Lineāscruise vessel,Norwegian Epic, entered Damen Shiprepair Brest for a scheduled refit and maintenance programme. Theā¦
Billions of Juvenile Fish under Arctic Ice
Using a new net, marine biologists from the Alfred Wegener Institute have, for the first time, been able to catch polar cod directly beneath the Arctic sea ice with a trawlā¦
India, US, Japan Naval Drills Begins, Irks China
India, Japan and the United States kicked off the first joint naval exercises in the Bay of Bengal in eight years and such drills will occur each year, Indian government sources said.
Egypt Picks 7 Winners in Tender for 55 LNG Cargoes
Seven companies reportedly met with Egyptian Natural Gas Holding Co. (EGAS) to discuss an liquified natural gas (LNG) tender, including: Vitol, Noble Group, Trafiguraā¦
Groundwork Begins on Successor Subs in UK
Groundwork has started on the renovation of a central shipyard complex that be used for outfitting future Royal Navy Successor submarines, British Forces News said.
Dredging in Gulf of Finland in Controversy
The massive dredging project, which is under-way on the bottom of the Gulf of Finland in Russia, reportedly a threat to the environment. But federal environmental protection agency of Russiaā¦
