Hamburg Süd for Sale?
Speculations about an upcoming sale of Hamburg Süd have intensified in the market, says a report in WSJ. Hamburg Sud, the seventh-largest container-shipping operator world-wide in terms of capacity…
The Arctic Is In Meltdown
The Arctic has lost almost 95% of its older ice cover since 1984, says NASA. The area covered by Arctic sea ice at least four years old has decreased from 1,860…
S.Arabia Costructs Huge Shibuilding Complex
A Reuters report quoting Saudi Arabia's energy minister Khalid al-Falih said that the country expects a huge ship repair and shipbuilding complex that its national…
Indian To Boost Maritime Security Ties with Sri Lanka
To enhance bilateral maritime relations, Indian Chief of Naval Staff Admiral Sunil Lanba, has embarked on a five-day visit to Sri Lanka. According to PTI report…
Enhancing Search and Rescue Services in Western Africa
International Maritime Organization (IMO) is supporting countries in western Africa to enhance their national search and rescue (SAR) services with a regional training…
Injured Crewman Hoisted over 170 mi off Columbia River
A Coast Guard aircrew performed a medical evacuation of an injured crew member from a 618-foot cargo vessel over 170 miles offshore from the Columbia River, Saturday.
Akastor, Mitsui, MOL Close JV Transaction
Akastor ASA (OSE: AKA) announced today that the Agreement with MITSUI & CO., LTD ("Mitsui"), and Mitsui O.S.K. Lines, Ltd. ("MOL"), to create a joint venture with…
Designees to The TechnipFMC Board Announced
Technip S.A. (Euronext: TEC) and FMC Technologies, Inc. (NYSE: FTI) today announced their respective designees to the Board of Directors of the combined company…
Navig8 Receives 8th Interline-Coated Tanker
Navig8 Chemical Tankers Inc. today announced that it has taken delivery of the Navig8 Tanzanite, a 49,000 DWT IMO2 Interline-coated chemical tanker, from STX Offshore & Shipbuilding Co., Ltd.
