Asia Dry Bulk-Capesize Rates Could Soften
Capesize market "overheated" as rates near eight-month highs; optimism for a busier fourth quarter looms. Freight rates for capesize bulk carriers are likely to…
Eni Mulls Mozambique LNG Supply Deal
Italian oil and gas group Eni is holding discussions with a potential buyer of liquefied natural gas (LNG) supply from its floating export project in Mozambique, an executive said on Thursday.
Vale Sells Four 'ValeMax' Bulkers to China Merchants
Brazilian mining company Vale SA said on Thursday that it expects to receive $448 million from the sale of four dry-bulk iron ore ships to China's state-owned China…
Neptune Orient Lines Logs Q2 Profit
Singapore's Neptune Orient Lines Ltd (NOL) swung to a tiny net profit in its second quarter after six straight quarters of losses but said it had seen severe freight rate erosion.
China, Russia in Sea of Japan Joint Military Drills
China and Russia will hold joint naval and air defence drills in the Sea of Japan, China said on Thursday, the latest exercises between the two countries which could concern Japan…
China: U.S. "Militarizing" South China Sea
China's Defence Ministry on Thursday accused the United States of "militarising" the South China Sea by staging patrols and joint military drills there, ramping…
Long Beach Port Celebrates Environmental Successes
Shipping lines, environmental organizations, trucking companies, terminal operators and a railroad were honored today, July 29, by Long Beach Mayor Dr. Robert Garcia…
NAO Expedition to Study Walruses
From Naryan-Mar complex expedition started "Investigation Atlantic walrus habitat" for the study of animal southeastern Barents Sea. The expedition of seven experts…
Korean Registry Okays Transas ECDIS
Transas, one of the world's leading providers of integrated navigation solutions, received ECDIS type-approval from the Korean Registry (Korea Marine Equipment Research Institute)…
Rolls-Royce Takes Davies on Board
Rolls-Royce appointed Alan Davies as a Non-Executive Director. He will join the Board with effect from November 1, 2015 and will become a member of the Nominations and Governance Committee…
MOL Wins Eco Awards in California
Mitsui O.S.K. Lines, Ltd. earned recognition from the ports of both Los Angeles and Long Beach, California, today, for its efforts to ensure compliance with standards…
Navy to Commission Submarine John Warner
The Navy will commission its newest fast attack submarine, the future USS John Warner (SSN 785), during a 10 a.m. EDT ceremony Saturday, Aug. 1, 2015, at Naval Station Norfolk, in Norfolk, VirginiaVa.
WGMA Urges Participation in Menhaden Survey
The West Gulf Maritime Association (WGMA) is urging its members with ships arriving at any port in the western US Gulf to participate in the Menhaden survey. The…
ExxonMobil 3Q Dividend Unchanged
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of 73 cents per share on the Common Stock, payable on September 10, 2015 to shareholders…
ICTSI Clarifies Participation in Sasa Project
International Container Terminal Services, Inc. (ICTSI) clarifies that ICTSI’s response was only to an Invitation to Prospective Bidders issued by the Department…
CSG8 Holds Change of Command Ceremony
Rear Adm. Robert Burke turned over command of Submarine Group EIGHT (CSG8) to Rear Adm. Daryl Caudle, during a change of command ceremony at Naval Support Activity Naples, July 29, 2015.
New Suez Canal Ready for Business
Suez Canal Authority (SCA) chairman Mohab Mamish officially called on international maritime navigation lines to use the New Suez Canal, scheduled to be inaugurated August 6.
South Korea Okays Casinos on Cruise Ships
South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests, , reports the Korea Joongang Daily newspaper. South Korean cruise…
India Delays 24 LNG Shiploads from Qatar
India has deferred taking deliveries of at least 20 shiploads of expensive liquefied natural gas (LNG) from its main supplier Qatar and wants a rate cut matching…
Victoria Celebrates Six Millionth Cruise Ship Passenger
Two tourists -Victoria and Joseph Winthal - disembarking the Golden Princess Cruise Ship in Ogden Point have got an unexpected surprise. They were selected by Greater…
