ICC Releases its Latest Trade Finance Survey
According to this year's Global Survey - which received 357 responses from 109 countries worldwide - 61% of respondents reported a global shortage of trade finance.
Concor Consortium to Bid for Colombo Container Terminal
Container Corporation of India (Concor) has formed a consortium with APM Terminals B.V., John Keells Holdings and Maersk Line in order to bid for the development…
Western India Shipyard for Sale
ABG Shipyard Ltd, which was one of the largest shipbuilding company in the country operating in the private domain, has decided to divest its entire stake in its…
147 Vessels Sent to Shipbreaking
So far this year 147 vessels have been sent to the shipbreakers for their steel to be recycled, Telegraph reported quoting new data from Braemar ACM shows. A record…
Drewry Finds Risk of Carrier Failure Still High
Drewry’s Z-score carrier financial stress index sunk to its lowest ever point following the first-half 2016 results. After Hanjin’s bankruptcy shippers are demanding…
Navig8 Adds New LR1 Tanker
Navig8 Product Tankers Inc. an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of the Navig8 Precision a 74…
IRClass Opens Office in Alang to Support Recycling Initiatives
Indian Register of Shipping (IRClass), a leading international classification society, opens an office in Alang, India, today. The new office will serve to support…
Unmanned Aircraft to Take Off from Falkor
Research vessel Falkor leaves Darwin today to explore the poorly understood air-sea interactions across the Indian and Pacific Ocean. This research is very important…
ASRY Woos Back Greek Major Owner
ASRY has successfully brought one of the European tanker market’s biggest tanker fleet owners back to the yard. Euronav, the Greece-base owner, operator and manager…
Saab Inks RBS15 Mk3 teaming Deal with MESKO
Defence and security company Saab has signed a teaming agreement with the Polish defence company MESKO, a member of Polish Armament Group (PGZ), for the long-term…
Mitsubishi Plans to Shrink Ship Building Operations
Japan's Mitsubishi Heavy Industries is planning to stop taking new orders for large passenger ships, downsizing its shipbuilding operations due to a slump in orders…
Long Beach Port Wins SCAQMD Clean Air Award
The Port of Long Beach and Long Beach Container Terminal have received a Clean Air Award for working to reduce pollution in Southern California with the Middle Harbor redevelopment project.
Container Shipping Line of the Year Award Goes to MSC India
MSC India is celebrating winning an award at a prestigious trade event. The agency took the prize for Container Shipping Line of the Year India - Europe Trade Lane…
Indian Lighthouses To Be Solarized by December
The Directorate General of Lighthouse & Lightships (DGLL), a subordinate organization under the Ministry of Shipping, Govt. of India is presently maintaining 193…
MOL Group Develops Onboard Labor Management Software
Mitsui O.S.K. Lines, Ltd has announced that its group's core dry-cargo ship management company, MOL Ship Management Co., Ltd. has jointly developed with maritime…
Bunkering First for Gazpromneft Marine Bunker
Gazpromneft Marine Bunker Ltd performed its first delivery of marine oil to the vessel operated by Chevron in Ust-Luga port. The delivery was arranged with cooperation…
EU Shipping Policy: No Time for Business as Usual
The future of European shipping policy was debated on Wednesday in a seminar held in Valletta, Malta, a few days after the European Commission published the implementation…
Hurricane Matthew Death Toll nears 900 in Haiti, Cholera takes lives
Hurricane Matthew's trail of destruction in Haiti stunned those emerging from the aftermath on Friday, with the number of dead soaring to 877, tens of thousands…
Marine Biogeographic Assessment of Hawaiian Islands
The Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration's (NOAA) National Centers for Coastal Ocean Science (NCCOS)…
Navy to Commission Amphibious Transport Dock John P. Murtha
The Navy will commission the amphibious transport dock ship John P. Murtha (LPD 26), Saturday, Oct. 8, during a 10 a.m. EDT ceremony at Penn’s Landing in Philadelphia.
