GulfNav Unveils Expansion Plans
Gulf Navigation Holding PJSC (GulfNav), the Dubai-based shipping company, has announced in a press conference at Rose Rayhaan by Rotana today (Tuesday, April 19ā¦
IBIA Develops Bunker Course with South Shields Marine School
The International Bunker Industry Association, (IBIA) has joined with South Shields Marine School at South Tyneside College, to develop a course unit on bunkeringā¦
POSCO Plans Port Plant at Indiana-Jeffersonville
POSCO, a multinational company headquartered in Pohang, South Korea, and the fifth-largest steel producer in the world, has announced plans to build a wire rod processingā¦
Singapore Ranks #1 by Fleet Value per Capita
This week is Singapore Maritime Week 2016, when the city-state celebrates its role as the major hub for shipping in the region, Singapore has good reason to celebrate: according to mappingā¦
Capesize āUptickā Not Strong Enough for an Upsurge
April 19, 2016. The latest Dry Bulk Freight Forecaster from Maritime Strategies International* analyses the recent uptick in the Capesize market and considers theā¦
Transit Reservations for Expanded Panama Canal Begins
Today, the Panama Canal began accepting transit reservations for Neopanamax vessels for commercial transits through the Expanded Canal starting on June 27, 2016.
Containership Scrapping Gathers Momentum
After a slow start scrapping of containerships gathered momentum towards the end of 2015 and has continued into 2016, says Drewry Maritime Research. A record intakeā¦
ZIM to Enhance its Asia to US East Coast and Gulf Services
āZIM Integrated Shipping Services Ltd (ZIM) has announcd an enhanced Asia to US East Coast and Gulf service offering, with seven different weekly services, extensiveā¦
UK MCA Contract Award to PDMS
PDMS Maritime is delighted to announce a significant new contract with the UK's Maritime and Coastguard Agency (MCA) to provide a new integrated system to incorporateā¦
Bulgaria to Develop Ports with Quatar
Bulgaria will develop its port infrastructure in cooperation with Qatar, reports Standartnews. Bulgarian Prime Minister Boyko Borisov held a meeting with Qatarāsā¦
Cochin Shipyard, Samsung Heavy Pact for LNG Ship Project
Cochin Shipyard Limited (CSL) has signed a memorandum of understanding (MoU) with South Koreas second-largest shipbuilder, Samsung Heavy Industries (SHI) to teamā¦
Explosion Aboard Tanker Kills One
An explosion aboard a Korean-registered vessel Heung-A Pioneer killed one person and injured five others during its voyage down the the Tanjung Dawai coast, Malacca Straitā¦
Keppel's Profit Nosedives
Keppel Corp., the worldās largest builder of oil rigs, posted a 41 per cent fall in quarterly profit, its fourth straight decline, as offshore and marine segmentā¦
MARAD Grants $4.9 Million for US Shipyards
The U.S. Department of Transportationās Maritime Administration (MARAD) today awarded $4.9 million in grants to support capital improvements at nine small shipyards located throughout the United States. Provided through the Small Shipyard Grant Program, the funding supports industrial modernizations that increase productivity, allowing our Nationās small shipyards to compete more effectively in the global marketplace.
Crystal Charters Escort Vessel for Arctic Cruise
When cruise liner Crystal Serenity sets off on its 32-day expedition voyage through the Northwest Passage from Anchorage to New York August 16, she will be escorted by the RRS Ernest Shackleton. Crystal Cruises recently secured RRS Ernest Shackleton for the voyage via a charter party agreement with Tactical Marine Solutions of Victoria, Canada and British Antarctic Survey (BAS) headquartered in Cambridge, U.K.
Navios Sells 2 Chemical Tankers for $72.9 Mln
Navios Maritime Acquisition Corporation has agreed to sell two chemical tankers to an unaffiliated third party for a sale price of $74.6 million, resulting in anā¦
Austal Lines up Long-term Patrol Boat Work
Australia based shipbuilder Austal Limited has been awarded preferred tenderer status by the Commonwealth of Australia for the Pacific Patrol Boats Replacement (PPBR) Project involving the construction of up to 21 steel-hulled patrol vessels and through life sustainment over 30 years in a total Government expenditure of up to $900 million. Austalās share of the PPBR program will include the construction of the vessels and short to medium term maintenance components of the project.
This Day In Naval History: April 18
1848 - U.S. Navy expedition to explore the Dead Sea and the River Jordan, commanded by Lt. William F. Lynch, reaches the Dead Sea. 1906 - U.S. Navy assists in reliefā¦
UK, Singapore Partner for Navigation Training
The United Kingdom Hydrographic Office (UKHO) and the Maritime and Port Authority of Singapore (MPA) have announced a new bursary training scheme in Marine Cartography and Data Assessment.
McDermott Names Flagship Pipelayer in Singapore
McDermott International, Inc. formally named its flagship Derrick Lay Vessel 2000 (DLV 2000) during a ceremony at the Keppel Singmarine Shipyard in Singapore. Brenda Cuthbertson, wife of 38-year McDermott employee and Asia Area Vice President Hugh Cuthbertson, served as the vesselās godmother and named the DLV 2000 with the traditional breaking of champagne during the ceremony. The ceremony was attended by invited guestsā¦