U.S.-Georgian Consortium Wins Black Sea Port Contract
A U.S.-Georgian consortium has been awarded a $2.5 billion contract to build and develop a deep-sea port in Anaklia on Georgia's Black Sea coast, as the tiny ex…
Anthem of the Seas to Port after Rough Night
Multiple media outlets including CBS News report that Royal Caribbean's new cruise ship Anthem of the Seas was hit by a strong strom, reportedly resulting in no serious injuries but causing some damage to public areas and guest staterooms. The ship is reported enroute to port in Florida. While social media footage and posts purportedly depict minor damage to the ship, including fallen over chairs, any real damage to the ship will only be ascertained once it arrives to port.
Dye Test Planned on Potomac River Oil Sheen
The Unified Command is scheduled to conduct a dye test Monday in the Potomac River and Roaches Run Waterfowl Sanctuary near Arlington, Virginia, which may discolor portions of the river.
DP World Logs 3.0% Growth
DP World Limited handled 61.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2015, with gross container volumes…
SA Navy Acquires Damen ATD Tug
On 4 February 2016 the South African Navy took delivery of a second South African-built Damen ATD Tug 2909 at the naval base in Simon’s Town. Escorted by SA Navy's existing six tugs…
Sulayem Gets DP World's CEO Role Too
DP World is pleased to announce the appointment of His Excellency Sultan Ahmed bin Sulayem as Group Chairman and Chief Executive Officer with immediate effect. His…
Nigerian Navy Foils Hijack of Maersk Ship
The Nigerian Navy has foiled an attempt by suspected pirates to hijack and abduct 25 foreign nationals aboard a container ship operated by A.P. Moeller-Maersk A/S…
Shipping Industry Clean Up its Act
Shipping impacts the world in many positive ways by enabling trade around the world, But despite all the positive impacts, you also have negative impacts, especially environmental impacts…
Cyprus Shipping 'Navigates' the Country to Recovery
Cyprus shipping sector has evolved in the recent years as one of the leading sectors of the economy and “navigates” Cyprus to economic recovery, President of the…
Demolition Age Drops as the Dry Bulk Market Enters Another Challenging Year
The dry bulk market faced a lot of headwind in 2015 as dwindling demand and over-supply created very unfavourable market conditions, says BIMCO. 2016 has shown no…
Shipping Line Consolidation: What Did the Airlines Do?
The container shipping industry is faced with the challenge of ever-decreasing freight rates that can only be served viably with larger, more efficient vessels.
Total Signs Deal to Supply LNG to China's ENN
Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website. The…
First Women's Expedition to the Arctic
Company "MyArctic-expeditions" organize the first women's expedition to the Arctic Ocean. The expedition will start on March 5 in the capital of the Nenets Autonomous…
Topaz Responder Saves Refugee Migrants
Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe.
Sardines Boost Murmansk Port Turnover
In January 2016 turnover of the Murmansk Marine Fishing Port reached 22 thousand tons of cargo, including 15 thousand tons of fish. This is higher than last year…
MHI's Entity to Oversee Material Handling Equipment, Engine and Turbocharger Businesses
Today Mitsubishi Heavy Industries, Ltd. (MHI) decided in principle to launch a new wholly owned entity to integrally oversee its current businesses in material handling…
Globus Maritime Reclassifies Board Member
Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited resigned on December 28…
Antietam, McCampbell Build Relationships at IFR 2016
Ticonderoga-class guided-missile cruiser USS Antietam (CG 54) and Arleigh Burke-class guided-missile destroyer USS McCampbell (DDG 85) arrived Feb. 4 in India to…
COSCO Plans European Transhipment Hub
China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for…
MOL Enhances CSW Service between Asia and East Coast South America
Mitsui O.S.K. Lines (MOL, President & CEO: Junichiro Ikeda) today announced the enhancement of its Asia and East Coast South America trade by merging existing CSW…
