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Strategic Marine’s Two Vessels Ready for Delivery
Strategic Marine, the specialist shipbuilder and fabricator, confirmed today that its most popular high-tech stock vessels are now available for immediate delivery.
European Shipping Policy Seeks Global Cooperation
Global cooperation must remain an absolute priority of European shipping policy. That was the principal message of ECSA’s contribution to the Senior Maritime Forum of Marintec China…
Oil Storage Business is Booming
(John Kemp is a Reuters market analyst. Oil producers may be struggling as a result of low prices but the oil storage business has never been in better shape. U.S.
Opportunities for Growth as Chinese Economy Evolves
The global breakbulk and heavy-lift markets have had to navigate choppy waters in recent years. Not necessarily due to a shortage of freight, but as a consequence of unsustainably low freight rates. The global economic recovery since 2009 has been slow, and competition for the multipurpose sector has intensified due to bulkers, container lines and RoRo’s making forays into the breakbulk and heavylift market…
It's All in the Planning
Continuing voracious demand for mined materials in China, India and other developing nations has led to an associated requirement for increased bulk terminal capacity for both export by suppliers and import by users. Whether developing an existing facility or building from scratch it is imperative that any scheme is planned in advance from engineering, commercial and operational perspectives in order to deliver maximum value to the customer.
Marintec China Indicates Growth
Marintec China exhibition has grown by 14% since its last edition to cover 80,000 sq m with over 2,000 exhibiting companies from 34 countries defying the talk…
IMO Assembly Elects New 40-Member Council
Category (a) 10 States with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway, Panama, Republic of Korea, Russian Federation…
Two New Crewboats for ISS
Maritime and logistics service provider Inchcape Shipping Services (ISS) has expanded its launch fleet with two more fast crewboats, bringing its total fleet size to 18 vessels. The two newbuild 42-meter vessels have been added in response to a growing demand in the oil and gas sector for faster crew/supply boats to increase operational efficiencies and will assist in the safe and fast transfer of offshore personnel, cargo and liquid payloads, ISS said.
Greek Shipowners Fiercing Protect Tax Breaks
Shipping minister says current measurement method not effective. On the day he took office as Greece's shipping minister in June 2012, Kostis Moussouroulis received…
Ballast Water Management in the Field Put to the Test
Turner Designs, along with scientists from around the world participated in a research cruise aboard the RV Meteor, a vessel owned by the Federal Republic of Germany through the Ministry of Research and Technology (BMFT) and funded by the German Research Foundation (DFG). The goal of this cruise was focused on ballast water sampling techniques and protocols. Various instruments were used to test collected…
Frontline Reports Strongest 3Q
* Frontline achieved net income attributable to the Company of $17.4 million, or $0.09 per share, for the third quarter of 2015 and net income attributable to the Company of $65.9 million…
Somali Pirates Hijack Iranian Fishing Vessel
Somali pirates have hijacked an Iranian fishing vessel with 15 crew members, a Somali official and a maritime expert said on Monday amid warnings that piracy might…
Thordon Wins Environmental Award
COMPAC, Thordon Bearings’ seawater lubricated propeller shaft bearing system, won the Tanker Shipping & Trade Environment Award following a verdict that the system allows shipowners to cost-effectively comply with stringent marine pollution rules. Dr. Karen Purnell, the Managing Director of the International Tanker Owners Pollution Federation (ITOPF), who sat on the award judging panel alongside representatives from INTERTANKO…
Magleby Maersk Calls at Jebel Ali
Press release - Global marine terminals operator DP World’s flagship Jebel Ali Port has received the world’s largest container vessel, the Magleby Maersk, which is on its maiden visit to the region. The management and operations team at Jebel Ali rolled out a well-drilled operation to welcome, berth and service the mammoth liner with the clockwork-like precision that has made the container port the most productive in the world.
South Africa Ports Gear Up for Cruise Season
South Africa’s ports are ramping up for a bumper cruise season with at least eight luxury cruise lines and over ten passenger vessels of varying sizes set to ferry…
Largest Underwater CO2 Release from Pipeline - DNV GL
Carbon capture, utilisation and storage (CCUS) is gaining momentum to meet stringent climate change goals and secure energy supplies for the future. To fully understand…
CMA CGM Outperforms, Nets $51 mln 3Q Profit
In third-quarter 2015, CMA CGM once again outperformed the market average in an industry shaped by a sharp fall in freight rates and overcapacity in certain markets.
P&O Maritime Rebranded Repasa
P&O Maritime has announced the rebranding of its joint venture company Repasa, the Spanish operator of offshore support vessels for the energy industry. P&O Repasa…
Chiarello, Cox and McKenna Named AOTOS Award Winners
The United Seamen's Service (USS) honored Anthony Chiarello, President and CEO of TOTE Inc.; Matthew J. Cox, President and CEO of Matson; and James C. McKenna, President…
U.S. Joins Lawsuit Alleging ISS Overbilling
The government has announced that it has joined a lawsuit alleging that Inchcape Shipping Services Holdings Limited and certain of its subsidiaries (collectively…