Japan Warns against China's Maritime Activities
Japanese Foreign Minister Fumio Kishida warned against China's increasing maritime activities, such as artificial land construction in the South China Sea, reports Nikkei.
DP World to Develop Russian Ports
Dubai-based port operator DP World and the Russian Direct Investment Fund have launched a joint venture to develop ports, transportation and logistics infrastructure in Russia.
Keppel Profits Fall
Singapore-based rig builder Keppel Offshore & Marine saw profits fall for last year along with revenues. It also revealed work had slowed on rigs being built for…
Miserable Start for Dry Bulk Shipping
The global production of steel dropped in 2015 compared to 2014, to a larger extent outside China, as China exported its surplus of steel to destinations across the globe…
Indonesia to Open Mini LNG Terminal in March
Indonesia's first mini liquefied natural gas (LNG) terminal, considered an ideal concept for a gas terminal an archipelago, is set to start operations in March,…
Hoegh LNG Declares Higher Dividend
Höegh LNG Partners LP announced that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended December 31, 2015 of $0.4125 per unit.
China's Maritime Economy Approaches $1 Trillion
Total maritime output or maritime economy of China is expected to generate nearly 6.5 trillion yuan (988.79 billion U.S. dollar) in 2015, about 7 percent more than 2014, reports Xinhua.
Annual Maritime Crime Statistics for 2015
Dryad Maritime, the UK’s leading maritime intelligence and operations company has released its analysis of worldwide reported incidents of piracy and crime against mariners for 2015.
Hurricane Condition Whiskey for Port of Delaware Bay
The Captain of the Port (COTP), Delaware Bay, has set a modified Port Condition WHISKEY due to the anticipated arrival of a severe winter storm that will impact the Pennsylvania…
MISC Hands Over Naval Auxiliary Vessel BM5 To RMN
MISC Berhad (MISC) today had successfully handed over to the Royal Malaysian Navy (RMN) the Naval Auxiliary Vessel BUNGA MAS LIMA (BM5), joining the RMN’s current…
Good Year for Damen Shipyards Sharjah
Damen Shipyards Sharjah (DSS) was officially opened in January 2014. Now, two years later, the yard celebrates its anniversary with a total of 13 vessels being dry-docked simultaneously.