Bahri's Q4 Profit Dips 42 pct
Bahri, the exclusive oil shipper for Saudi Aramco made a net profit of 327.8 million riyals ($87.4 million) for the three months to Dec. 31, it said on Monday. That…
DP World signs Kazakhstan Logistics Agreement
Dubai's DP World, one of the world's largest port operators, has signed an agreement with Kazakhstan to develop a special economic zone in the Caspian Sea city of Aktau, the company said on Monday.
Eastern Selects MAN Engines for OPC
The US Coast Guard will have MAN’s 28/33D STC engines installed as the main propulsion for its new Offshore Patrol Cutter (OPC) programme. The programme is the replacement…
ICTSI Manila hits 2M TEU
The Manila International Container Terminal (MICT), International Container Terminal Services, Inc.’s (ICTSI) flagship operation and the Philippines’ largest container terminal…
Cyberhawk shortlisted for Offshore Achievement Awards
Cyberhawk Innovations is delighted to be recognised as a finalist at the 2017 Offshore Achievement Awards for the categories Safety Innovation and Export Achievement.
DP World to Develop SEZ om Aktau, Kazakhstan
Global trade enabler DP World has signed a Memorandum of Understanding (MoU) with the Government of Kazakhstan for the development of a special economic zone in…
Dunkirk's Volumes Rise
Annual traffic for 2016 was over 46.7 MT, an increase of 0.3% compared with 2015. However, the port of Dunkirk did not escape the effects of the economic climate in 2016…
Gener8 Adds New ECO VLCC
Gener8 Maritime announced that it took delivery of the "ECO" VLCC the Gener8 Hector on January 6, 2017 from Hanjin Heavy Industries and Construction Philippines.
Boskalis Bags Duqm Port Development Order
Royal Boskalis Westminster NV has received a Letter of Intent to Award a contract for the development of the port of Duqm in Oman. The contract with a value of approximately…
Diana Enters Time Charter Contract with Koch
Diana Shipping has signed a time charter agreement with Koch Shipping Pte. Ltd, Singapore, for one of its newcastlemax dry bulk vessels. Under the agreement, Koch will employ the 208…
China, Vietnam Agree to Manage South China Sea Spat
China and Vietnam pledged to manage maritime differences over the South China Sea and safeguard peace and stability. Communist Party chiefs of China and Vietnam…
India Launches Second Scorpene Sub INS Khanderi
India's second Kalvari class Scorpene submarine was launched into water - or 'undocked' - by the Union minister of state for defence Dr Subhash Bhamre at the Mazagon Dock Limited (MDL).
Yacht Charter Market to Cross USD 50bln by 2020
Yacht charter market is set to grow at a compound annual growth rate (CAGR) of 6.5% through 2020, says Future Market Insights in its research report. Yacht charter…
Japan, Indonesia to Strengthen Maritime Ties
Indonesia and Japan have agreed to step up maritime security and start discussions on a major railway project to link the Southeast Asian nation's capital and second-biggest city, reported Reuters.
Mediterranean Migrant Arrivals Reach 1,159; Deaths at Sea:27
Switzerland - International organization for migration (IOM) reports that 1,159 migrants and refugees entered Europe by sea in 2017, through 12 January, arriving mostly in Greece and Italy…
Islamist militants free Korean, Filipino from cargo ship
Islamist militants in the Philippines allied with Islamic State freed on Saturday a South Korean cargo ship captain and a Filipino member of his crew held captive…
Seven Boater Rescued 14 mi West of Anse-Rouge, Haiti
A Coast Guard helicopter crew hoisted seven boaters from a disabled sailing vessel Monday approximately 14 miles west of Anse-Rouge, Haiti. Watchstanders with the…
Philly Shipyard Lays Keel for Fourth APT Tanker
Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA (Oslo: PHLY), held a ceremonial Keel Laying today for the fourth product tanker…
U.S. 6th Fleet Exercises Ordnance Loading Capability in Rota
U.S. 6th Fleet, in coordination with USS California (SSN 781), Navy Munitions Command Rota, Spain and Naval Submarine Support Facility (NSSF) New London, conducted…
Shoreham Port, Possability People Team Up to deliver Recruit Ability Event
This week, Shoreham Port welcomed a group of people from Possability People to the Port as part of a new project called Recruit Ability. Possability People are a…
