Karachi Port Signs MoU with Chinese Port Trust
The Karachi Port Trust (KPT) and Guangdong Transport Department, China signed a memorandum of understanding (MOU) for strengthening shipping connectivity and establishing cooperation.
UASC Launches New Europe-US Service
United Arab Shipping Company (UASC) has launched a North Europe - US East Coast (NEU1) service as well as an order of 3,500 reefer containers as part of its ongoing expansion phase.
Odisha’s Paradip Port on the Verge of Closure?
Odisha Cooperation and Excise Minister Damodar Rout today alleged that there has been a big conspiracy to curtail the business of Paradip port in Odisha. He said…
India Okays Deal on Indo-Bangla Coastal Shipping
The Indian government has approved an agreement on coastal shipping between India and Bangladesh for cheaper cargo movements between them. “The Union Cabinet, chaired by Prime Minister Narendra Modi…
Saudi-Indian Naval Ties Renewed
Reviving glorious memories of historic bonds and trade relations between Saudi Arabia and India that date back to the time of Prophet Muhammad and beyond, an Indian…
Myanmar Lands Seized Migrant Boat on Island
A boat packed with more than 700 "boat people" seized off Myanmar's coast was stopped on a small island on Saturday, as officials gave mixed signals about its final destination.
Mexico Lifts Bidding Limits for First Batch of Oil Tenders
Mexico's oil regulator voted on Friday to relax rules on bidding terms and contracts that form the first step in a historic sector opening that kicks off this summer…
Fourth Vessel Joins Topaz Energy ERRV Fleet
Topaz Energy and Marine, a leading offshore support vessel company, has bolstered its Emergency Response and Recovery Vessel (ERRV) fleet with the addition of a new vessel, Topaz Responder.
NewLead Holdings' CFO Quits
NewLead Holdings Ltd. announced yesterday that Antonios Bertsos has resigned as Chief Financial Officer of the Company in order to pursue other career opportunities.
HAROPA, an Official Partner for Vinexpo 2015
From 14 to 18 June, HAROPA, world top port for wine and spirits, will be an official partner for Vinexpo 2015, a major and inescapable event in the wine and spirit sector.
More Keppel FELS Jackup Rigs for Mexico
Keppel FELS Limited , a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), is on track to deliver three KFELS B Class jackup rigs to Mexican company…
USS Montpelier Modernization Contract for General Dynamics
The U.S. Navy has awarded General Dynamics Electric Boat a $46.4 million contract for planning efforts in support of maintenance and modernization work on USS Montpelier…
Pentair Opens Aquaculture Center of Excellence
Mindful that fish farming has the potential to help meet an expanding population's need for protein in a world with increasing water constraints, Pentair announced…
Scorpio Tankers' Buyback Plan, Newbuild Delivery
Scorpio Tankers Inc. announced today (i) a new $250 million Securities Buyback Program, (ii) that it has recently taken delivery of an MR product tanker and (iii)…
Hiab to Launch the New Z-series Crane
Hiab launched the HIAB Z-HiPro 191 and HIAB Z-PRO 171 crane. Part of the new HIAB Z-series, the cranes feature the ability to be folded into a Z position and parked…
Great Barrier Reef Kept Off UNESCO 'Danger' List
A heritage committee of the UNESCO cultural agency stopped short of placing Australia's Great Barrier Reef on an "in danger" list, but the ruling on Friday raised long-term concerns about its future.
World Refugee Crisis to Worsen with Climate Change
A historic 52 million people are fleeing conflict worldwide, a trend that will intensify over the next two decades because of climate change, International Rescue…
EXG Wins CII SCALE Award
Express Global Logistics Pvt Ltd (EXG) won the Supply Chain and Logistics Excellence (SCALE) Award 2015 organized by CII (Confederation of Indian Industry). EXG…
Unicom Selects the Ecochlor BWTS for 10 Tankers
Ecochlor, Inc. announced that Unicom Management Services (Cyprus) Ltd. (Unicom), acting for SCF Group, signed a 10-vessel agreement for the Ecochlor Ballast Water Treatment System (BWTS) in Limassol…
Wage Row Between Argentine Crushers, Companies Reaches Crunch Point
Pressure grew on Friday for a resolution to wage talks between exporters and striking crushers in Argentina's Rosario grains hub, with another powerful union threatening…