Mercmarine Unveils Engine Room Simulator in Sri Lanka
Global maritime group Mercmarine has unveiled a new state-of-the-art engine room simulator at its training base in Sri Lanka. Hailed the most advanced simulator of its type in the country, the Transas 5000 TechSim marine engine room simulator was officially opened by Ministry of Ports and Shipping secretary L P Jayampathy in Colombo. Mercmarine’s purpose-built training facilities in Colombo and Galle have delivered deck and engine related courses in all qualifications for more than two decades…
Huge Shiploader Journeys from China to the US
A shiploader weighing more than 560 metric tons has made the voyage from Nantong, China to Portland, Ore. in the U.S. with the help of transporter HANSA HEAVY LIFT GmbH (HHL). The shiploader, which measures 36.5 meters in length x 56.44 in width x 31.50 in height, was loaded onto cargo ship HHL Richards Bay for transport, discharging at the Port of Portland where engineers installed it onto the pier for Sandvik Mining and Construction.
Liner Reliability Slips for First Time in 6 Months
Breaking a run of six consecutive months of improvement, container service reliability across the three main East-West trades declined in July, falling by 4.0 percentage points from June to 73.3%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The latest overall monthly performance was the result of lower reliability scores in the Asia-Europe and Transpacific trades…
Philippines' ICTSI in $450 mln Bond Offering
Philippines port operator International Container Terminal Services Inc (ICTSI) said on Wednesday it is raising $450 million through a bond issue. In a disclosure to the local stock exchange…
China to Strengthen Dangerous Goods Oversight
China's port authorities will strengthen supervision of dangerous goods shipments following devastating explosions at Tianjin port last week, the Ministry of Transport said on Wednesday.
Refugee Ship Headed for Greek Mainland
Authorities struggling to cope with arrivals; 21,000 people landed on Greek shores last week. A passenger ship that is housing Syrian refugees set sail from the Greek island of Kos on Wednesday…
Platts Mulls Asia Crude Liquidity Boost
Platts also studies more ship transfer locations, faster trading. Oil pricing agency Platts is looking at approving more Middle East crude grades to boost liquidity…
As the Reefer Market Grows, Hapag-Lloyd Invests Record Volumes
Hapag-Lloyd is investing a double-digit million amount in its container fleet and has ordered 6,000 (12,000 TEU) of the latest generation of reefer containers. The…
UDS Strikes Deal to Build Dive Support Ship in China
Ultra Deep Group (UDS) signed another contract with China Merchants Heavy Industry to build a Ultra Deep Installer – Multipurpose Diving Support Construction Vessel. Even though the oil market remains in the doldrums, Singapore-based UDS is powering ahead with tis strategic plan to spearhead the development and operation of efficient, cost-effective diving and support vessels in the oil and gas industry…
Viking Appoints Hegelund CFO
Viking Supply Ships AB has today appointed Ulrik Hegelund as Chief Financial Officer (CFO). Mr. Hegelund will also act as CFO in Viking Supply Ships A/S, and will…
ISS Bags Tanzania's Paragon project
Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands…
Inmarsat's 3rd GX Satellite Launch Confirmed
Inmarsat, the leading provider of global mobile satellite communications services, today confirmed that the third satellite in the transformational Global Xpress…
Tax Exemption for Seafarers on Indian Flag Ships
The National Union of Seafarers of India (NUSI) has informed has conceded to their demands of granting Income tax exemption to Indian seafarers sailing on Indian flag vessels.
Coast Guard's Cutter James Makes First Port Call
Fresh from commissioning festivities in Boston, Coast Guard’s newest National Security Cutter, James, made its first port call to Baltimore, Tuesday. Wednesday, Aug. 19 from 8 to 10 a.m.; 1 to 4 p.m.
Disney Cruise Uncorks Brand New Alcohol Policy
Disney Cruise Line is altering its alcohol policy, adding restrictions to what passengers may bring onboard to consume during their voyages. Starting with cruises that leave Sept.
Putin's Submarine Ride in Black Sea
Russian President Vladimir Putin has taken a high-profile dive to the bottom of the Black Sea to explore an ancient shipwreck off Crimea in a submersible, in a stunt…
Clipper Round the World Race Begins
The 12 Clipper Race yachts left the Gosport Marina and will perform a parade of sails alongside the Spinnaker Tower before heading off to London. As the boats left the marina…
Singapore Shipping Association to Boost Prospects
The Singapore Shipping Association (SSA) has unveiled a slew of plans to boost the prospects of its members amid tough global industry conditions, reports The Straits Times.
Saudi-led Coalition Bombs Yemen's Hodeidah Port
The Yemen's Red Sea port of Hodeida was seriously damaged and closed after the airstrikes of the Arab Coalition against Houthi, reports Reuters. Warplanes from a…
Brookfield Acquires Australian Port and Railroad Operator for $8.6-billion
A group lead by Brookfield Infrastructure Partners, a global asset manager, had reached an agreement to buy the Australian port and railroad operator Asciano for about $8.8 billion in cash and stock, and that it was shopping for ports farther afield in a push to expand, reports NY Times. Brookfield says the acquisition of Patrick terminal will lay the foundation for a global container terminal presence, building on its facilities at Teesport, U.K., and the Port of Los Angeles.
