Wildcard for 2016 Hurricane Season
AccuWeather reports the potential movement of a 'cold blob' of water in the North Atlantic Ocean may be the wild card in the 2016 Atlantic hurricane season, experts say. The cold blob refers to a large, anomalous area of colder-than-normal sea-surface temperatures, located east of Newfoundland and south of Greenland. "This area of colder water started to show up a few years ago and has become larger and more persistent during the past couple of years…
China Switches on Lighthouse on South China Sea Island
China has begun operating a lighthouse on one of its artificial islands in the South China Sea near where a U.S. warship sailed last year to challenge China's territorial claims.
Huge Tanker Traffic Jam Builds at Basra
Nearly 30 large oil tankers waiting to load at Basra; daily VLCC tanker rates have doubled to nearly $75,000. A traffic jam of nearly 30 large oil tankers has built…
Keppel Bags BRL 500 mln MODEC Project
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary, Keppel FELS Brasil SA's BrasFELS shipyard has been awarded a Floating Production Storage and Offloading…
BIMCO, GIIGNL issue Voyage Charter for LNG Trade
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party – LNGVOY - designed for the expanding LNG spot market.
Europort to Partner IRANIMEX
Europort has become the official and exclusive international partner of IRANIMEX, the leading maritime & offshore exhibition in Iran. The agreement brings together…
Singtel, Inmarsat Join Forces to Boost Maritime Cyber Security
Singapore and London, 6 April 2016: Singapore Telecommunications Limited (Singtel) and Inmarsat (LSE:ISAT.L) have entered into a strategic partnership to enhance…
Logistics Mergers Up, Says KPMG
Auditor KPMG says that the mergers and acquisitions (M&A) in the Transport sector will supersede the levels seen in 2015 this year. In 2016, mergers and acquisitions…
China Cosco to Form Container Alliance
China COSCO Shipping, the result of a merger in February between the country's top two state-owned shippers, is in talks with CMA CGM and several other major operators…
UASC Expands Further in S.America
United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition…
Atlantic Sail Hits the Water
Atlantic Container Line (ACL) took delivery of Atlantic Sail last week, the second of five new conro (container and roll-on/roll-off) - new G4 generation vessels…
MacGregor Signs Loose Lashing Orders for Twelve Container Vessels
MacGregor, part of Cargotec, will supply loose lashings equipment for twelve 19,200 TEU container vessels under construction in South Korea for a European owner.
Indonesia Blows Up 23 Foreign Fishing Boats
Indonesian authorities sank 23 foreign fishing boats on Tuesday (Apr 5), saying they were "operating illegally in the archipelago's vast waters in continuation efforts for anti-poaching"…
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