Seaway Opens 58th Navigation Season
The St. Lawrence Seaway Management Corporation (SLSMC) marked the opening of the Seaway’s 58th navigation season today, with the transit of Canada Steamship Lines’…
Navig8 Acquires LR2 Tanker from Sungdong
Navig8 Product Tankers Inc. an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of the Navig8 Sanctity…
SCF's Profit Zoom Fourfold
SCF Group (PAO Sovcomflot) reported steep jump in their net profit to USD 354.5 million from USD 83.9 million in the earlier year. Its gross revenue increased by 7.6 per cent to USD 1…
Kongsberg GlobalSim Management Buyout
Kongsberg GlobalSim, the wholly owned land-segment crane simulation subsidiary of Kongsberg Maritime is to become an independent business following a management buyout announced on 21st March 2016.
Mega Ships Menace for Shippers
The Global Shippers’ Forum (GSF) says that the use of mega ships and alliances remain the main problems within the shipping sector. The popular belief is that larger…
CMA CGM Offers a New Direct Connection with La Reunion on its ASAF Service
CMA CGM announced that a new call at Pointe des Galets (La Reunion) will be introduced on its ASAF service, connecting Asia to West Africa, and operated with 13 vessels of 9,400 TEU.
Cuba, US Sign Memorandum on Maritime Navigation
Representatives of Cuba and the United States signed in Havana a memorandum of understanding (MoU) on cooperation in areas of hydrography and geodesy to improve the safety of maritime navigation.
US, Cuba Open Doors to Marine Science Cooperation
When Barack Obama became the first president to visit Cuba since Calvin Coolidge, his visit highlighted not only a new course in international relations, but showcased…
UN North Korea Sanctions on 4 Black-listed Ships Lifted
According to a Reuters report, the UN Security Council agreed to a Chinese request to remove sanctions on four ships that had been blacklisted for ties to Pyongyang…
Ship Runs Aground in Columbia River
A 623-foot Panamanian-flagged bulk carrier Sparna ran aground early Monday morning in the main shipping channel of the Columbia River near Cathlamet, Washington, according to the U.S. Coast Guard.
Port Of Hong Kong Volumes Down
Hong Kong port recorded a 16% overall throughput drop in February to 1.2m teu from 1.4m teu in previous corresponding period, accelerating from the 9.6% drop seen in the first month of the year.
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