Total Proposes 0.61 € per Share Dividend
The Board of Directors of Total met on February 10, 2016, and agreed to propose to the Annual Shareholders’ Meeting on May 24, 2016, a 2015 annual dividend of 2.44 euros per share…
APM Terminals Broaden Portfolio, Business Model
APM Terminals’ increased invested capital to USD $6.2 billion in 2015 as ongoing strategic plans to drive portfolio growth, improve productivity and safety performance…
Rosneft, Pietro Barbaro Form JV for Shipping
Rosneft and Pietro Barbaro S.p.A. signed a Memorandum of Understanding with the scope of creating a Joint Venture (JV) in the area of international shipping. The…
Update on Seagull Mobile apps for Crew
The Seagull mobile app for crew training status is set to revolutionise the way seafarers track their training records and receive critical safety alerts, by making…
Neptune Awarded Kitan Contract
Neptune has been awarded an air diving services contract by Technip Oceania Pty Ltd (“Technip”) for the Kitan disconnection project. The project is offshore in February…
NZ's “Sound framework” for Managing Coastal Navigation
A review of coastal navigation safety by Maritime NZ has found that there is a sound framework in place to manage the movement of ships around the New Zealand coast…
Maersk Falls into the Red
Maersk Line posted a steep decline in profit last year to $1.3bn, well down from the 2014 result of $2.3bn and below its most recent forecast as freight rate declines…
Maersk Line to Face Miserable 2016
In a video interview Group CEO of AP Møller-Maersk Nils S. Andersen comments on the 2015 full year result, low oil and freight rates, and the challenges and opportunities…
Shipping Firms Poised to Settle EU Probe
Fifteen container liner shipping companies "have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines," according…
UK to Double NATO Naval Deployments in 2016
Britain is doubling its naval deployments to North Atlantic Treaty Organization (NATO) in a move aimed a showing enemies that "we are ready to respond to any threat"…
Six New VLCCs Marks the Start of a Busy Delivery Year
2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, says a report BIMCO.
Liberia to Receive Preferential Flag Status with Respect to Chinese Tonnage Dues
Pursuant to the Maritime Transport Agreement signed between the Republic of Liberia and the People’s Republic of China on 3 November 2015, Liberia will be added…
US, India Consider Joint Patrols in South China Sea
The United States and India have held talks about conducting joint naval patrols that a U.S. defense official said could include the disputed South China Sea, a move that would likely anger Beijing, which claims most of the waterway. Washington wants its regional allies and other Asian nations to take a more united stance against China over the South China Sea, where tensions have spiked in the wake of Beijing's construction of seven man-made islands in the Spratly archipelago.
This Day In Naval History - February 10
1862 - A flotilla under Cmdr. Stephen C. Rowan aboard USS Delaware engages the gunboats and batteries at Elizabeth City, N.C, capturing CSS Ellis and sinking CSS Seabird. 1900 - Commodore Seaton Schroder is appointed the first naval governor of Guam. 1943 - USS Pickerel (SS 177) sinks Japanese freighter Amari Maru off Sanriku. 1944 - USS Pogy (SS 266) attacks a Japanese convoy and sinks destroyer Minekaze and freighter Malta Maru 85 miles north-northeast of Formosa. 1945 - U.S.
BAE Systems Awarded £201m to Advance Successor Sub Design
The U.K. Ministry of Defence (MoD) has awarded BAE Systems £201 million to further the design of a successor to the Royal Navy's Vanguard class submarines. The funding will allow the business to mature the design of the new class of submarines, which will carry the U.K.'s independent nuclear deterrent, including the layout of equipment and systems, and to develop manufacturing processes, BAE Systems announced today.
Guy Harvey to be Honored by Seafarer's House
Guy Harvey – artist, conservationist and entrepreneur – has been selected as this year’s recipient of the Seafarers’ House International Golden Compass Award. The award is given each year to those who have achieved distinction in the maritime world, those whose vocation or avocation has been the sea, or those who have ministered to or otherwise assisted seafarers. Dr. Harvey has been a champion of the seas since an early age.
No Need to Change Tug Workers’ Hours -Study
The American Waterways Operators (AWO), the national trade association for the tugboat, towboat and barge industry, hailed a study conducted for the Transportation Research Board of the National Academies of Sciences, Engineering and Medicine which concludes that “[t]here is currently no scientific data to support […] a change in hours of service” for towing vessel crewmembers. Instead of regulatory changes to hours of service…
Danelec Marine Making Free ECDIS Upgrades
Danelec Marine has launched a program to provide free upgrades of shipboard Electronic Chart Display and Information Systems (ECDIS) to the latest technology meeting new ECDIS standards.
USCG to Inspect Storm-damaged Anthem of the Seas
The storm-damaged Royal Caribbean cruise ship Anthem of the Seas is scheduled to return to New York Harbor Wednesday evening where it will be met by a team of inspectors from U.S. Coast Guard Sector New York. Once the vessel’s docked in New Jersey, the Coast Guard team will inspect the vessel to verify the extent of damages and ensure repairs are satisfactorily completed before the ship will be allowed to depart on its next voyage.
Sydney Deep Water Port Project Named NOVAPORTE
The Harbor Port Development Partners (HPDP) and the Port of Sydney announce the new brand for Sydney’s new container terminal: NOVAPORTE and its adjacent logistics park NOVAZONE.
