Legendary Maritime Trades: Focus on the Spice Trade
While the Silk Road initiated trade between the East and the West starting in the 4th Century BC, the first traces of spice trading, which the Romans loved so much…
Update on MSC Alexandra, VLCC Dream Collision
During the incident involving Dream II Very Large Crude Carrier (VLCC) and MSC Alexandra (Container Ship) on 3rd August, 10 empty containers fell overboard. Of these…
Vietnamese Boat Collides with Hong Kong Cargo Ship
Hong Kong-flagged cargo ship, Rich Better, collided with and sank Vietnamese squid boat BD 96660 in the East Vietnam Sea on August 2, 2016. According to Tuoi Tre News…
Paradip Port Cargo Volume Looks Up
Among five major ports on the east coast Paradip Port topped the list with 28.65 million tonnes of cargo for the first four months, followed by Chennai Port 17.42 million tonnes…
Libya's Largest Oil Port Begins Work
Libya has begun maintenance of the port of Es-Sider, biggest in the country of the terminal on oil export as part of plans to increase output from Africa’s biggest holder of crude reserves, says RNS.
KONGSBERG Bags EPCI work for Two Caledonian Maritime Assets ferries
Kongsberg Maritime has been awarded Engineering, Procurement, Construction & Installation (EPCI) contracts with the Glasgow based shipbuilder and marine fabricator…
Six dead in Mexico as Earl Triggers Landslides
Six people died in eastern Mexico on Saturday after they were buried in landslides caused by intense rainfall from the remnants of now-downgraded Tropical Storm Earl…
KONGSBERG wins EPCI Work for RoPax Ferry
Kongsberg Maritime has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract with Flensburger Schiffbau-Gesellschaft (FSG), a subsidiary of Siem Group.
Kangnam To Build Minesweepers Ships in India
South Korea's Kangnam Corporation will jointly build 12 mine countermeasure vessels (MCMV) in India in collaboration with India's state-owned Goa Shipyard Limited (GSL), reports Hindustan Times.
Daewoo Shipbuilding Fights Liquidity Crunch
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) is going all out to secure cash amid growing concerns over a possible liquidity crisis and…
Cochin shipyard Plans it Big
The Cochin shipyard Ltd (CSL) has plans to develop a major hub of LNG-based ship building and repair facility that would generate about 3, 000 jobs in the State of Kerala, the Hindu quotes Madhu S.
POSCO Daewoo to Supply Marine Equipment to Indonesian Shipbuilder
POSCO Daewoo has signed a memorandum of agreement (MOA) to supply shipbuilding materials worth US$150 million to Penataran Angkatan Laut (PT PAL), Indonesia’s largest state-run shipbuilder…
Safe Carriage of Dangerous Goods in Containers
The International Group of P&I Clubs and the shipping line members of the Cargo Incident Notification System (CINS) have recently produced a new set of guidelines…
Danaos Reports 25.5% Rise in Income
Danaos Corporation, one of the world's largest independent owners of containerships, has reported net income of $47.7 million for the three months ended June 30…
OOCL Cancels October Asia-Mediterranean Sailing
Hong Kong's Orient Overseas Container Line (OOCL) has cancelled the sailing of the Asia-Mediterranean Service in October in response to low demand. Specifically…
Tropical Storm Earl moves inland over southeastern Mexico
Tropical Storm Earl moved inland early on Saturday over southeastern Mexico where torrential rains could produce deadly flash floods and mudslides, the U.S. National Hurricane Center said.
Los Angeles Port Fellows Program Makes an Impact
As the maritime industry continues to evolve, the need for developing well-trained, knowledgeable and tech-savvy port leaders of the future has never been greater.
Cosco in Red
Chinese shipbuilder Cosco Corporation (Singapore) has suffered a net loss of S$ 36.8 million (US$ 27.4 million) in the second quarter of 2016. The net loss for the…
First “Neo-Panamax” Calls Port of Philadelphia
The first of a new class of “Neo-Panamax” shipping vessels called the Port of Philadelphia to begin a new phase of transport along the Delaware River. The MSC Sofia Celeste…
Rickmers Profit Nosedives, Plans Lay-ups
Rickmers Maritime incurred a loss of US$55.6m in the second quarter, wider than the year earlier $15.7m on the back of a non-cash impairment charge as charter market conditions deteriorate.
