Navy to Christen Littoral Combat Ship Omaha
The Navy will christen its newest Independence-variant littoral combat ship, USS Omaha (LCS 12), during a 10 a.m. CST ceremony Saturday, Dec. 19 in Mobile, Alabama.
SAL Remains in Troubled Waters
The running year turned out as a tough year in shipping. Despite a raft of technical projects for the company, the stinging tale of the low oil price created a steep…
Double Record set by Antwerp Port
The port of Antwerp is on course to handle more than 200 million tonnes of freight this year for the first time ever. And in container transhipment too a new record has been set…
Injured Veterans Back on Water, Courtesy GAC
Military veterans will soon have another outlet to channel and share their experiences, on a restored wooden yacht in California, thanks in part to GAC worldwide.
Global Shipbuilding to Turn Around in 2017: Castrol
Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%…
Latvian Shipping's IPO in 2016
Marine petroleum transportation specialist Latvian Shipping Company (LSC) hopes to raise EUR 80 million via an initial public offering (IPO) on the Riga Stock Exchange in the first half of 2016.
When is a Master Entitled to Refuse Damaged Cargo? A Reminder from the Standard Club
A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreement between shippers, charterers and carriers.
Mozambique Grain Terminal Fire Death Toll Crosses 15
On 13 December 2015, there was a fire and explosion at the STEMA grain terminal in Matola, part of the Maputo port complex in Mozambique. Police authorities in Mozambique…
MSC Plans $200mln 'Island Marine Reserve' in Bahamas
MSC Cruises, the Geneva-based global cruise line, has unveiled ambitious plans to create an unprecedented exclusive marine reserve island experience in the Bahamas.
First Mega Containership Coming to America
The largest container ship to visit the U.S. West Coast is scheduled to arrive at the Port of Los Angeles on December 26. The CMA CGM Benjamin Franklin, which was…
Piraeus Port Privatization Bid Soon
As the pushed back the date - the Dec. 21 deadline - for the submission of binding bids for the sale of its biggest port Piraeus (OLP) approaches, the pace is picking up with binding bids, reports WSJ. Three of the world’s biggest port operators expected to submit their binding bids next week. Greece’s leftist government had pushed the move back for a year, upsetting potential investors and ​the country’s international creditors. The deadline has been postponed three times since Oct.
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