Gulf May be Dampened by Oil, Aftermath of Earnings
Stock markets in the Gulf may be weighed down by soft oil prices and the aftermath of a mediocre corporate earnings season on Sunday, while Egypt's index may be…
Maiden Call of the Hyundai Saturn to New York
As the leader of customer-focused terminal operations in North America, GCT USA has welcomed the Hyundai Saturn to GCT Bayonne. The Saturn is the first of five Hyundai…
Sagarmala Aims to Promote Port-Led Development in India
To exploit the potential of India’s approximately 7,500 km long coastline and 14,500km of potentially navigable waterways the Sagarmala Programme aims to promote port-led development in the country…
U.S. to Crack Down on Ocean Noise that Harms Fish
The ocean has gotten noisier for decades, with man-made racket from oil drilling, shipping and construction linked to signs of stress in marine life that include…
India Eyes More LNG Purchases From Australia
India is trying to renegotiate LNG deal with Australia and looking at lowering the price of liquefied natural gas it plans to buy from the Gorgon project, says a report form PTI.
133,500-ton Carnival Horizon Unveiled
Carnival Cruise Line has announced that their next and 26th cruise ship in the fleet will be called Carnival Horizon. The 133,500-ton 3,936-passenger ship is currently…
Clipper Yacht Race Ends After 40,000 Miles
London welcomed home the 12-strong fleet of the biennial Clipper Round the World yacht race, Saturday, July 30, 2016. Twelve teams celebrated the completion of the 40…
DP World Takes Over Canadian Port
Dubai-based port operator DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal (RTC) at Saint John in New Brunswick, Canada.
Arctic Sea Ice Melt at Higher Level
Sea ice is decreasing in the Arctic but year-to-year variability in sea ice extent is large. Ice extent is influenced by atmospheric circulation, with temperatures dictating ice melt…
MPI Adventure Installs first Offshore Wind turbine on Sandbank
Wind Turbine Installation Vessel MPI Adventure installed the first of 72 SWT-4.0-130 offshore wind turbines on the Sandbank offshore wind farm. MPI Adventure is…
USS Carney Rescues 97 Migrants in Mediterranean
The Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) aided in the rescue of 97 migrants adrift in the Mediterranean Sea, July 29. Carney is forward deployed to Rota…
U.S. Awards $61.8 Mln for Port Projects
U.S. Transportation Secretary Anthony Fox today announced 40 awards totaling nearly $500 million in funding for the FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants.
DP World takes over Rodney Container Terminal, Canada
DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.
Moody's: Challenges Ahead for Asian Port Operators
Moody's Investors Service says lackluster global growth, weak commodity prices, high capital expenditure commitments and a liner industry struggling with overcapacity…
Singapore, Malaysia Conduct Joint Chemical Spill Drill
The Maritime and Port Authority of Singapore (MPA) and the Marine Department of Malaysia (MDM) conducted a joint chemical spill exercise at sea along the East Johor…
Protecting Sensitive Sea Areas in South-East Asia
Further progress towards identifying and designating Particularly Sensitive Sea Areas (PSSAs) in south-east Asia has been made during a regional meeting in Lombok, Indonesia (27-28 July).
Mozambique Workshop Supports Seafarer Training and Assessment
An International Maritime Organization (IMO)-led workshop in Maputo, Mozambique is supporting countries in south-eastern Africa in implementing the STCW (Standards of Training…
China Refineries Enters Global Oil Trade
During the last year, China’s “teapot” refiners are helping to boost China’s crude import demand and their influence is expanding, says Clarkson Research Services.
Picking Up Panamaxes Like Pokemon
Alibra Shipping Research Weekly Market Report takes a look on current market scene of bulk carriers. For a little while now, the story has been “Now’s a great time to buy bulk carriers…
Horizon Delivers Towboat Marty Cullinan for FMT
In June 2016 Horizon Shipbuilding, Inc. of Bayou La Batre, Ala. delivered the M/V Marty Cullinan, a 120’ towboat with a retractable pilot house, to its home port of New Orleans, La.