Cosco Bulk Shipping Losses Down in 2014
China Cosco said losses in its main dry bulk shipping business fell sharply in 2014 and its container shipping gross profit grew amid a still subdued global shipping market.
Steady Growth Reported by the Swedish Club
The Swedish Club reported a solid operating result to its board today, continuing a record of building on steady growth. 2014 was seen as a stable year, where the…
MOL’s Coal Carrier for Tokyo Electric Power
Mitsui O.S.K. Lines, Ltd. today announced that the coal carrier Hakutaka, which will serve Tokyo Electric Power Company, Inc. was delivered at Mizushima Shipyard…
Swire Pacific Offshore Acquires 2 Newbuildings
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming of two new vessels, Pacific Centurion, an Anchor Handling Tug Supply (AHTS) vessel…
Helios LPG Pool to Start Operating
Dorian LPG Ltd. today announced the commencement of operations of Helios LPG Pool LLC on April 1st, 2015. Helios LPG is jointly run by Dorian LPG and Phoenix Tankers Pte.
Changes in Aker Solutions' Top Deck
Tore Sjursen will assume the position as executive vice president for operational improvement and risk management at Aker Solutions on April 1. Knut Sandvik will…
APM Terminals Mumbai Welcomes China Shipping
APM Terminals Mumbai welcomed China Shipping Container Line’s HS Paris on March 20th, on her maiden call as part of the Middle East-Indian Subcontinent-North America (MINA) Service…
Holland America Line Ships Score 100
On recent routine United States Public Health inspections (USPHI) conducted by the U.S. Centers for Disease Control and Prevention, Holland America Line’s ms Statendam…
Princess Astrid visits DP World
Antwerp Gateway, managed by DP World (one of the largest container terminal operators in the world) is a significant contributor to the success of the Port of Antwerp.
Qatar Hikes Container Storage & Clearance Charges
Changes to sea port charges have been implemented in Qatar, as per the decision of the country's Council of Ministers. 20' containers (clear in approx. - Time starts…
Indonesia Partners with China on Maritime
Indonesian President Joko “Jokowi” Widodo and Chinese President Xi Jinping pledged increased maritime cooperation during the formers visit to China. According to the statement…
Yachting Malta PPP Sets Sail
Yatching Malta Ltd (YML) - a new public private partnership (PPP) between the government and the Royal Malta Yacht Club (RMYC) was formed with the aim of putting Malta on "the global yachting map".
China Strengthens Maritime Ties with Pak
The Vice Chairman of China's Central Military Commission General Fan Changlong has pledged to deepen maritime security and military technology cooperation during…
China Cosco's Profit Up 54%
The Shanghai-and-Hong Kong-listed flagship unit of China Ocean Shipping Group, China Cosco Holdings Co Ltd says that its 2014 net profit went up 54 percent y/y at 362.5 million Yuan ($58.37 million)…
GAIL Seeks 7 LNG Cargoes
GAIL (India) will buy seven liquefied natural gas (LNG) cargoes for delivery from October 2015 until December 2016, according to the tender document obtained by Reuters.
Taiwan Boosts Yacht Export
Taiwan's yacht industry saw its first double-digit growth in nearly a decade, indicating an inspiring revival led by development and sales of larger leisure boats…
Damen joins World Ocean Council
Dutch-based Damen Shipyards Group has become the latest member of the World Ocean Council (WOC). The global shipbuilder headquartered in the Netherlands is the first…
Carnival to Add Nine Ships to Cruise Fleet
Carnival Corporation & plc today signed two strategic memorandums of agreement that will add a total of nine new cruise ships to the company’s fleet over a four-year period from 2019-2022. The shipbuilding agreements, which include options for additional ship builds in the coming years, are subject to several conditions, including satisfactory financing. Italian shipbuilder Fincantieri S.p.A and German…
Coast Guard Academy Cadet to Receive Fulbright Scholarship
Stephen Horvath, a first class cadet at the U.S. Coast Guard Academy, was recently granted a two-year Fulbright Scholarship to study renewable energy technologies in Finland during the 2015-2016 academic year and the 2016-2017 academic year. Horvath, 21, will pursue a master’s degree at the Lappeenranta University of Technology in Lappeenranta, Finland. The mechanical engineering major plans to conduct a research project on methods for energy storage.
Ecochlor Presents BWTS Case Study at CMA
Ballast water treatment technology developer Ecochlor Inc. presented a project case study yesterday at CMA Shipping 2015 in Stamford, Conn. The case study covered the retrofit of Ecochlor’s ballast water treatment system (BWTS) aboard the 2007-built ro/ro car carrier vessel M/V Green Bay following an order from International Shipholding Corporation (ISH) in 2013. ISH ordered Ecochlor systems for seven of its ships…
