MARIC to Use Lloyd's Register Design Software
Marine Design & Research Institute of China (MARIC), a subsidiary company of China State Shipbuilding Corporation group (CSSC), has signed a licence agreement with…
MPC Container Ships Acquires 5 Feeder Vessels from Simatech
Oslo based MPC Container Ships ASA said it has reached a deal to acquire five feeder containerships presently managed and operated by Simatech Shipping & Forwarding L.L.C.…
Importers Buy U.S. Corn at Record Pace
Importers are buying U.S. corn at the fastest pace since the mid-1990s, according to U.S. government data, as tightening stocks in Latin America prompt a rush to…
EU to Publish Preliminary 2017 Emissions Data
The European Commission will release preliminary 2017 carbon emissions data from energy-intensive companies in Europe on April 3, it said on its website. The data…
Hong Kong's Richest Man Li Ka-shing Retires
Li Ka-shing to retire after annual general meeting on May 10; will stay on as senior adviser to the group. Hong Kong's richest man, Li Ka-shing, announced his retirement…
Hamburg Welcomes Its Largest Ever Box Ship
The largest ever containership to call at the port on the Elbe berthed in Hamburg early on Thursday morning, March 15. The oceangoing giant CMA CGM Antoine de Saint…
US Navy to Commission Submarine USS Colorado
The U.S. Navy will commission its newest fast attack submarine, the future USS Colorado (SSN 788), during a ceremony Saturday, March 17, at Naval Submarine Base New London in Groton, Conn.
Two New Patrol Boats for Pakistan Customs
Pakistan Customs has taken delivery of two Damen Stan Patrol 1605 FRP patrol boats. The handover ceremony took place on March 10 at Karachi Shipyard & Engineering Works Ltd (KS&EW).
Gibdock Completes Two Gibraltar Repair Projects
Gibdock said its Gibraltar yard has completed two projects recently that demanded ships re-entry into service without delay. Returning customer Compagnie Maritime…
India to Augment Capacity Along Inland Waterways
The Government of India proposes to augment capacity to develop eco-friendly and economic mode of transportation along inland waterways and coastal shipping routes under the Sagarmala Programme.
ICS Publishes Latest Flag State Performance Table
The International Chamber of Shipping (ICS) has published the latest version of its Flag State Performance Table, which can be downloaded free of charge via the ICS website.
Chemical Tankers Market to Grow at a CAGR of 4.5% by 2022
The chemical tankers market is projected to grow from USD 26.63 billion in 2017 to USD 33.11 billion by 2022, at a CAGR of 4.5% between 2017 and 2022, said a research report.
Medicine on Danish Ships Abroad
Denmark introduces new regulation, simplifying the handling of medical supplies for survival craft and the handling of medicine on board Danish ships abroad. The…
Bourbon in Red Ink
French offshore vessel provider Bourbon Offshore recorded a bigger loss of EUR 576.3 million for 2017 in 2017 when compared to EUR 279.6 million for 2016 dragged…
50th Meeting of European Maritime Safety Agency
The Administrative Board of the European Maritime Safety Agency (EMSA) finished up its 50th meeting held in Lisbon. As newly elected Chair of the Board, Director-General…
Seatrade Convicted for Scrapping Ships on Indian Beach
The Dutch shipping company Seatrade and two of its directors were found guilty by a Dutch court on Thursday of illegally sailing ships to India to have them demolished, the first criminal case of its kind in the Netherlands. The company and the directors were fined up to 750,000 euros ($925,275). The directors were also banned from executive roles at any shipping company for a year. They did escape the prison sentences prosecutors had asked for.
Libya Seizes Tanker Suspected of Fuel Smuggling
Libya's naval forces seized a Togo-flagged fuel tanker and arrested its Greek crew on suspicion they planned to smuggle oil out of the North African country, a spokesman for the forces said on Thursday. Libya's western coast is a departure point for the smuggling of heavily subsidised gasoline to neighbours such as Tunisia and Malta, where retail prices are much higher. "The naval forces seized a Togo-flagged oil tanker in the territorial waters without permissions from the state of Libya.
Seaspan Buys GCI from Carlyle
Containership owner and operator Seaspan Corporation announced it has acquired Greater China Intermodal Investments LLC (GCI) from affiliates of The Carlyle Group and other minority owners.
Hardy Takes Over as Vitol CEO
Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider…
Emissions Regulations: 'It's Not Easy Being Green'
Nor is it getting any easier to understand when, how and why to comply. Whether your marine operation is a major corporation or a family “mom and pop” company, the type of fuel you now burn or for that matter what emanates from your stack each day after the burn has now become a major source of confusion. As Kermit the Frog once said, we will now know what its like to be green. Some believe the discussion is a new subject. It is not.
