ABS Expands in India
Classification services provider to the global marine and offshore industries ABS has expanded its captive delivery center in Pune, India with a move to the new…
Fog Halts Shipping at Brazil's Biggest Port
Dense fog halted the movement of ships in and out of Brazil's biggest port, Santos, early on Monday, according to port administrator Companhia Docas do Estado de São Paulo (Codesp)…
COSCO not seen bidding for Greek Rail Centre
Greece is still struggling to find investors for a rail freight hub that it has been trying to set up since 2008, sources close to the process said on Monday. China's…
Transocean Ltd. to Acquire Transocean Partners LLC
Transocean Ltd. and Transocean Partners LLC (NYSE: RIGP) today announced that Transocean has agreed to acquire all of the outstanding common units of Transocean…
DSME to Build Two VLCCs for BW Group
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a 200 billion won (US$179.2 million) order to build two oil tankers for Singapore…
MPA Revokes Bunker Supplier Licences of AC Oil
The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licences of AC Oil Pte Ltd with effect from 29 July 2016.
Westports Q2 Profit Up
Malaysian port operator Westports Holdings saw second quarter net profit jump 31% to MYR159.9m ($39.6m) from MYR122.1m in the previous corresponding period due to an increase in container volumes.
China Activates Four Lighthouses in South China Sea
Four out of five lighthouses planned for use in the South China Sea have been activated to boost navigation and the fifth lighthouse will be completed and put into use soon.
Coastal Contracts Buys Stake in Indonesian LNG Supply Chain
Malaysian offshore service provider Coastal Contracts is tapping into the growing liquefied natural gas (LNG) supply chain in Indonesia with the purchase of a 49%…
GE Shipping Takes Delivery of a New Building Resale Kamsarmax
Great Eastern Shipping Company (GE Shipping) took delivery of a new building resale Kamsarmax Dry Bulk Carrier ‘Jag Aalok’ of about 82023 dwt. According to a report in the Livement…
ISC Files for Chapter 11 Protection
International Shipholding Corporation (ISHC) and certain of its subsidiaries have each filed voluntary petitions for relief under Chapter 11 of title 11 of the United…
Gulf May be Dampened by Oil, Aftermath of Earnings
Stock markets in the Gulf may be weighed down by soft oil prices and the aftermath of a mediocre corporate earnings season on Sunday, while Egypt's index may be…
Maiden Call of the Hyundai Saturn to New York
As the leader of customer-focused terminal operations in North America, GCT USA has welcomed the Hyundai Saturn to GCT Bayonne. The Saturn is the first of five Hyundai…
Sagarmala Aims to Promote Port-Led Development in India
To exploit the potential of India’s approximately 7,500 km long coastline and 14,500km of potentially navigable waterways the Sagarmala Programme aims to promote port-led development in the country…
U.S. to Crack Down on Ocean Noise that Harms Fish
The ocean has gotten noisier for decades, with man-made racket from oil drilling, shipping and construction linked to signs of stress in marine life that include…
India Eyes More LNG Purchases From Australia
India is trying to renegotiate LNG deal with Australia and looking at lowering the price of liquefied natural gas it plans to buy from the Gorgon project, says a report form PTI.
133,500-ton Carnival Horizon Unveiled
Carnival Cruise Line has announced that their next and 26th cruise ship in the fleet will be called Carnival Horizon. The 133,500-ton 3,936-passenger ship is currently…
Clipper Yacht Race Ends After 40,000 Miles
London welcomed home the 12-strong fleet of the biennial Clipper Round the World yacht race, Saturday, July 30, 2016. Twelve teams celebrated the completion of the 40…
DP World Takes Over Canadian Port
Dubai-based port operator DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal (RTC) at Saint John in New Brunswick, Canada.
Arctic Sea Ice Melt at Higher Level
Sea ice is decreasing in the Arctic but year-to-year variability in sea ice extent is large. Ice extent is influenced by atmospheric circulation, with temperatures dictating ice melt…
