Philippines Eyes Exploration Deal with China in S.China Sea
The Philippines is looking to seal a pact with China within a few months to jointly explore for oil and gas in a part of the busy South China Sea waterway claimed by both countries…
Philippine Coast Guard Seeks 17 after Marine Casualties
The Philippine coast guard was searching on Monday for 17 crew of a landing craft that went adrift south of the capital, Manila, one of three weekend accidents at sea, an agency spokesman said.
CNOOC Seeks LNG Cargoes for up to 2022
China National Offshore Oil Corp (CNOOC) is seeking liquefied natural gas (LNG) cargoes for delivery for up to 2022, two trade sources said on Monday. The company…
Sinanju Orders Singapore's 1st Dual-Fuel Bunker Tanker
Singapore-based Sinanju Tankers Holdings has ordered what it says will be Singapore's first dual-fuel bunker tanker, to be powered mainly by liquefied natural gas (LNG).
IMO Under Pressure to Tackle CO2 Emissions
The United Nations' shipping agency is under pressure this week to agree on a plan to cut carbon emissions from the sector, following years of slow progress, but…
Six rescued from waters near Conch Reef
The U.S. Coast Guard and a good Samaritan rescued six people from the water near Conch Reef, Fla., Saturday. A good Samaritan aboard the 25-foot center console, Quality Time…
P&O Cruises' Ventura Gets a Facelift
The P&O Cruises Grand-class cruise ship Ventura has completed a two-week docking at Damen Shiprepair Brest. Launched in 2008, this was the first visit of the 290-metre…
ClassNK Issues Guidelines for Drone Surveys
Because drone-related technologies are improving at an extremely rapid pace, application in diverse fields is increasingly expected. In the maritime industry as well, efforts aimed at utilization in the field of inspections and surveys are being carried out. At the International Association of Classification Societies (IACS), discussions on the use of Remote Inspection Techniques (RIT) including drones in class surveys are already underway, and IACS Rec.
Woodward Buys L’Orange from Rolls-Royce
Britain's Rolls-Royce said it had agreed to sell its Germany-based diesel parts maker L'Orange to U.S.-based engineering company Woodward Inc for 700 million euros ($859 million), as part of a plan to simplify its business. Rolls CEO Warren East has been trying to streamline the company during his nearly three years in charge as part of a turnaround plan to counter declines in some of its older aero-engine programmes and plunging demand for oil equipment.
COSCO Shipping Development Reports Higher Revenue
China-based ship leasing and transportation businesses company COSCO Shipping Development announced its 2017 performance and stated that the company realized revenue…
Bulk Carrier Crashes into a Mansion in the Bosphorus Strait
A massive bulk carrier has crashed into an historic mansion on the shores of Istanbul's Bosphorus Strait after its steering equipment became locked, Al Jazeera reported quoting Turkish state media.
MMT Contract for Stril Explorer
Swedish marine support services company MMT AB has awarded a contract of 18 months to Simon Møkster Shipping for charter of the Stril Explorer. The Multi Purpose…
Indian Shipping Minister Nitin Gadkari to Visit South Korea
Nitin Gadkari, India's Union Minister of Shipping will be on an official visit to the Republic of Korea (South Korea) from today (9 April 2018). During the 4 day visit…
DOF Bags New Contracts
Norskan Offshore and DOF Subsea Brazil have been awarded RSV contracts for the Skandi Commander and one ROV. The contracts have a duration of 150 days with start-up in April 2018.
APL Rolls out China Bangkok Express Service
APL has announced the launch of the China Bangkok Express (CBX) service, a new shortsea service that directly links South China and Thailand each week. Characterised by competitive transit times…
First public display of EnergySail
Eco Marine Power (EMP) announce that it will exhibit for the first time a working prototype of its EnergySail technology and the automated control system at Sea Japan in Tokyo.
APM Terminals Mumbai Handles Record Volumes
APM Terminals Mumbai, India handled a record 2.3 million TEUs during its 2017-2018 financial year. This is the terminal’s highest volume since the terminal was built in 2006.
NYK, Oyak to Build Car Terminal in Turkey
Turkey’s Oyak Group - owner of the country’s biggest steel producer, Erdemir Group - is to invest in a car logistics terminal in Yarimca port near Istanbul in partnership…
A.P. Moller Holding Appoints Jan T. Nielsen as CIO
Jan Thorsgaard Nielsen, Senior Managing Director of Blackstone, is appointed Chief Investment Officer (CIO) of A/S. A P Moller Holding (APMH). APMH is a privately…
India Ports Register 4.77% Growth During 2017-18
The major ports in India have recorded a growth of 4.77 per cent and together handled 679.35 Million Tonnes of cargo during the period April 2017 to March 2018 as…
