Multipurpose vessel Adhémar de Saint-Venant launched
AVIC shipyard in Weihai, China launched Jan De Nul Group’s new multipurpose vessel Adhémar de Saint-Venant. The sister vessel, Daniel Bernoulli, will be launched in March 2017.
$400 bln of unassessed climate risk in shipping
Today, Carbon War Room (CWR) and UMAS released research that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt.
ISS wins global Hurtigruten contract
Inchcape Shipping Services (ISS), the world’s leading maritime and logistics service provider, has won a global port agency contract with Hurtigruten, a world leader in expedition travel.
MOL, University of Tokyo Graduate School Team up on Project based learning
Mitsui O.S.K. Lines, Ltd. today announced the completion, on Friday, February 10, of this year’s Project Based Learning (“PBL”) program at the University of Tokyo…
Russian flagged vessels in Russia to be managed by V. Group
V.Group has taken its first Russian flagged vessel into full technical management following earlier successful accreditation of the St.Petersburg office from the Russian Register.
Austal HY profit slides
ď‚· Underlying EBIT of $31.2m after excluding arbitration settlement related to 7-year-old claim. ď‚· Earnings growth from US shipyard. Lower throughput in Australian shipyard, as anticipated.
Tanker Market: Sun Sets on Japan Dirty Imports
The Japanese refining industry has been experiencing challenging circumstances for a number of years, with significant rationalisation of refining capacity, according…
Milaha Profit Down for 2016
Qatar Navigation (Milaha), a maritime and logistics conglomerate based in Qatar, has reported a net profit of $195 million for the year ended December 31, 2016 compared…
Fewer Bunkers in Rotterdam in 2016
In 2016 the sale of bunker oil - fuel for shipping - in the Rotterdam bunker port diminished from 10.6 million m3 to 10.1 million m3. There is no reason known for this decline.
Rossinavi Launches Endeavour II
Italian yard Rossinavi has launched its new 49.9-metre superyacht Endeavour II during a ceremony attended by 300 guests and shipyard staff. Known as project FR032…
NIMASA Repositions as Global Player
Nigeria would be hosting the 3rd Conference of the Association of Heads of African Maritime Administrations (AAMA Conference) in Abuja, at the Transcorp Hilton Hotel…
Iran Stages Massive Navy Drill in Indian Ocean
Amid rising tensions with the US, Iranian naval forces have launched the final stage of a large-scale drill north of the Indian Ocean to enhance their defense capabilities, reports PressTV.
BOEM : Potential Cook Inlet Lease Sale
The Bureau of Ocean Energy Management (BOEM) today announced it plans to offer approximately 1.09 million acres in Cook Inlet off Alaska’s southcentral coast in a proposed lease sale this year.
Wary of Trump unpredictability, China ramps up naval abilities
* China still lags U.S. BEIJING, Feb 26 (Reuters) - The PLA Navy is likely to secure significant new funding in China's upcoming defence budget as Beijing seeks to check U.S.
Two rescued from Galveston Jetty
A Coast Guard aircrew plucked 2 men from the south Galveston Jetty Saturday morning, after their sailboat lost steering and ran into the rocks. At 9:06 a.m., the…
ASV Global to demonstrate C-Worker 5 ASV at Ocean Business exhibition
ASV Global has announced it will be demonstrating its C-Worker 5 Autonomous Surface Vehicle (ASV) at the Ocean Business exhibition in Southampton, 4-6 April 2017.
NAVADMIN Soliciting Sailors for RDC Duty
The Navy is recruiting Sailors to become recruit division commanders (RDCs) at Recruit Training Command, the Navy's only boot camp, and Officer Training Command…
Fosmax Mulls LNG Bunkering at Fos Cavaou
France's Fosmax LNG has announced that it is considering making short/medium-term investments to modify its existing facilities to make them capable of receiving…
"K" Line Joins Indian National Shipowner's Association
"K" Line (India) Shipping Private Ltd (KLISP), affiliated company of Kawasaki Kisen Kaisha Ltd., joined Indian National Shipowner's Association(INSA) at the end of January 2017.
Hyundai Heavy Union on Path to Strike
The labor unions of Hyundai Heavy Industries (HHI) downed tools in their first full strike since 1994, in protest to a sweeping restructuring plan that includes…