Maybulk Issues Profit Warning
Malaysian Bulk Carriers Bhd (Maybulk) is forecasting significant losses for the fourth quarter of 2015 and the financial year ended December 31, 2015 amid depressed market condition.
Shipping Must be Covered by ETS or Climate Fund – MEPs
The Paris climate agreement’s target of limiting global warming well below 2°C will be impossible without measures to curb shipping’s greenhouse gas emissions, MEPs…
Cautious Optimism in LPG Shipping: Dorian LPG
Global liquefied petroleum gas (LPG) export volumes for the calendar 2015 reached 80 million metric tons, an 11 percent increase over the previous year. U.S. LPG…
Ecochlor Selects Drew Marine for Global Resupply and Service Support
Ecochlor signed an agreement with Drew Marine to assist them in providing logistics support for the resupply of their BWTS precursor chemicals at selected ports and harbors globally. In addition, Drew Marine will provide chemical storage at designated ports, delivery of the precursor chemicals, and technical support to ships fitted with the Ecochlor BWTS. “This collaboration aligns with our vision…
Beijing says U.S. Warship Violated Chinese Laws
China's foreign ministry said on Saturday a U.S. warship that sailed near an artificial island claimed by Beijing and several other nations has violated Chinese law by entering its territorial waters.
U.S. Navy Ship Sails near Island Claimed by China
A U.S. Navy guided-missile destroyer sailed within 12 nautical miles of an island claimed by China in the South China Sea on Saturday, in an operation the Pentagon…
Mexico's ICA to Resolve Conflict with APM Terminals
Mexican construction company ICA said on Friday it was seeking to resolve a conflict over a canceled port terminal contract with APM Terminals, part of Denmark's A.P. Moller-Maersk.
Coast Guard Rescues 9 in Gulf of Mexico
The Coast Guard rescued nine people over the course of two separate incidents in the Gulf of Mexico, Saturday. Watchstanders at Coast Guard Sector Mobile were notified…
TE Debuts Subsea CiA LVDT Position Transmitter Featuring CANopen Interface
TE Connectivity (TE), a world leader in connectivity and sensor solutions, today announced a new Macro Sensors SSBR-937 Series CANBus LVDT Position Sensor with a…
Cutlass Express 2016 Commences
Maritime forces from Eastern Africa, Western Indian Ocean island nations, Europe and the United States, as well as several international organizations began the…
Williams wins World Match Racing Title
Johor, Malaysia – GAC Pindar skipper Ian Williams has today entered the record books as the first to win sailing’s World Match Racing Tour title six times. Williams previously won the title in 2007…
Yangtze to Ship Direct Containers
Taicang Container Lines Co. Ltd has rolled out the first direct container shipping line linking China's Yangtze River basin and Southeast Asia, reports Xinhua.
Maersk Line Starts Colombia Express Service
The largest global container firm Maersk Line has launched a new weekly service between Santa Marta and Turbo in Colombia and Northern Europe specifically designed for refrigerated cargo.
Chinpo Shipping Fined Over North Korea Gunrunning Case
Chinpo Shipping Company was fined a total of $180,000 on Friday (Jan 29) for transferring funds that could reasonably have been used to contribute to North Korea's…
NYK Line Posts Loss on Dry Bulk Fleet Revaluation
Japan's Nippon Yusen Kaisha (NYK) has posted a $277.5mln extraordinary loss in the third quarter of year ended 31 March 2016 as it reduced the book value of its…
SwissMarine Hires Diana's Capesize Bulker
Greek dry bulk shipping company Diana Shipping has entered into a time charter agreement with Geneva-based SwissMarine Services S.A. for its Capesize dry bulker the m/v Houston.
LSC Shipmanagement Receives 3 New Ships
In the first half of this year, JSC “Latvijas kugnieciba” subsidiary “LSC Shipmanagement” Ltd (LSCSM) will add three newly built oil and chemical tankers under technical management.
India Seeks Merchant Banks for Cochin Shipyard IPO
Indian Government has initiated procedures for sale of shares of Cochin Shipyard Limited (CSL) by seeking expression of interest (EoI) from merchant bankers to manage…
Offshore Fracking: Accord Reached to stop offshore fracking in California
A conservation group said the federal government must stop approving offshore fracking from oil platforms in California's Santa Barbara Channel under the settlement of a lawsuit it filed.
Cyclone Stan churns towards Australia's NW Ports
A tropical cyclone gathered strength as it headed for the northwest coast of Western Australia on Saturday, forcing ports to close and mining companies to evacuate.