Baltic Index Continues Fall to New Record Low
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, continued its fall to close at a fresh record low on Friday.
Redwood City to Boost Bauxite Ore Imports
The Port of Redwood City Commission Wednesday approved expanding acreage use by International Materials Incorporated (IMI) for its handling of bauxite ore imports.
Svitzer Names Manager for Middle East & Africa
As of February 1, Mohammed Ahmed is appointed new Regional Manager of Svitzer Middle East & Africa, including the Indian subcontinent and Sri Lanka. Ahmed has been with the Maersk Group for 11 years…
Greece Ports Strike Extended
A general strike in Greece has been extended by another 48 hours and is affecting the routes of domestic and local ferries and commercial vessels calling at Piraeus…
Alaska Oil Spill Response Policy Revised
The policy regarding chemical dispersant use for oil spill responses in Alaska has been revised. The new policy for the Dispersant Use Plan For Alaska was announced Wednesday in Anchorage by the U.S.
New SOLAS Requirements for Testing Instruments
Further to Class News 33/2014 and 10/2015, SOLAS regulation XI-1/7 adopted by IMO Resolution MSC.380(94) will enter into force on July 1, 2016, requiring the carriage…
Videotel’s API Enables Integration with Crew Management Software
Videotel, a global provider of e-Learning maritime training solutions and a company of KVH Industries, Inc., has released the Videotel Partner API, an application…
ClassNK Releases Updates on Ship Recycling
ClassNK has released the latest updates on ship recycling on its website, including information on ship recycling facilities that ClassNK has issued Statements of…
Weather Shutters Australia's Port Hedland
Australia's Port Hedland was officially closed earlier on Friday following warnings from the weather bureau that a tropical cyclone was developing off the northern coast…
U.S. Navy Commander Guilty in Corruption Scandal
A U.S. Navy commander charged with accepting paid travel, prostitutes and Lady Gaga concert tickets from a Malaysian defense contractor in exchange for classified…
Singapore Slaps Heavy Fine on N. Korea-linked Shipper
Singapore-based Chinpo Shipping Company (Private) Ltd was fined S$180,000 ($125,698) on Friday for facilitating a shipment of arms to North Korea in violation of U.N. sanctions.
Asia-Europe Box Rates Fall Again
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 13.9 percent to $469 per 20-foot container (TEU) in the week ended on Friday…
Listing Freighter Drifts Towards French Coastline
A crippled cargo ship was drifting slowly towards the French Atlantic coast on Friday as rescue teams struggled to board the distressed vessel. The Modern Express…
Energy from the Ocean: The Ocean Thermal Energy Converter
Despite historic lows in traditional oil and gas energy markets, research and develoment continues in earnest on a number of projects designed to produce green energy. The latest, an Ocean Thermal Energy Converter (OTEC) from KRISO, received Approval in Principle from classification society Bureau Veritas. KRISO (Korea Research Institute of Ships & Ocean engineering), established in 1973, is a government…
Performance Monitoring, Verification Drives Orders, Investments for Norsepower
Finnish engineering company, Norsepower today announced that it has received €3 million in investment from a syndicate led by venture capital fund Power Fund III…
VARD's LNG Tank gets DNV GL Approval
VARD’s new LNG tank design has been granted General Approval for Ship Application (GASA) by DNV GL. The new LNG-type B-tank design is based on vertical cylindrical…
Fisherman Medevaced off Cape May, NJ
The Coast Guard medevaced a fisherman 75 miles southeast of Cape May, New Jersey, Thursday. The 43-year-old man was fishing with three other people aboard the 80…
IMTRA Acquires Custom Product Sales Talent
IMTRA, the leading manufacturer and importer of quality marine products, announced today the addition of Prentice Weathers to its sales team. Focusing on business…
Navy to Christen Littoral Combat Ship Sioux City
The Navy will christen its newest Freedom variant littoral combat ship, USS Sioux City (LCS 11), during a 10 a.m. CST ceremony Saturday, Jan. 30 in Marinette, Wisconsin.
Tidewater Suspend Dividend
Tidewater Inc. (NYSE:TDW) leading provider of Offshore Service Vessels, announced that its Board of Directors has approved management's recommendation to suspend…
