Shippers Avoid New "pirate hotspot" west of Philippines
Piracy has surged in Sulu, Celebes Seas; waters part of route carrying iron ore to Asia. A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters…
COSCO Shipping Denies OOCL Bid Reports
Rumors that COSCO Shipping Corp plans to bid for Hong Kong's Orient Overseas Container Line (OOCL) are incorrect, a spokeswoman for the Chinese shipping giant said on Friday.
Asia Tankers-VLCC Rates Likely to Slide
Chartering activity could slow down in March due to refinery work; growth in tanker fleet could climb 6.5 pct, pressuring rates. Freight rates for very large crude…
Kalmar Bags DP World's Container Handlers Order
Kalmar, part of Cargotec, has been awarded an order to supply DP World's flagship terminal, Jebel Ali Port in Dubai, with the new generation empty container handlers.
MISC Berhad Names New LNG Carrier Seri Cenderawasih
MISC Berhad today held the naming and delivery ceremony for its new LNG carrier, Seri Cenderawasih. The 150,200 CBM liquefied natural gas (LNG) carrier is the second…
Italian Boosts to Flinders Shipbuilding Ambitions
Building on its partnership with the Italian shipbuilder Fincantieri announced earlier this month, South Australia’s Flinders University has signed a supporting…
Ulstein Delivers Its Largest OCV
'Island Venture', delivered on 17 January 2017, is so far the largest Offshore Construction Vessel (OCV) from Ulstein Verft, with a length of 160 metres and a beam of 30.
Port Klang's throughput surge to 13.2m TEU
Port Klang Authority stated that Port Klang registered a positive growth of 10.8% in 2016 in container handling compared to 2015 with a total of 13,169,577 TEU’s…
ABS Delivers Advanced Cyber Solutions
ABS is presenting cyber seminars in multiple locations across Europe to deliver critical safety guidance. The ABS CyberSafety program team is presenting industry…
WSF to honor crew for saving Captain’s life
Members of the media are invited to join in recognizing the Washington State Ferries (WSF) crew who saved their captain’s life after he collapsed at the helm of the Chetzemoka on Christmas Eve.
HMM Acquires 20% Stake in Long Beach Terminal
South Korean shipping line Hyundai Merchant Marine Co. (HMM) said it will buy a fifth of the company that runs the biggest container terminal at Long Beach Total…
Skuld Hires Cargo and Marine Property Head
Marine insurance provider Skuld announces the appointment of Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer.
Bahri Profits Fall
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, made a net profit of 327.8 million riyals ($87.4 million) for the three months to Dec. 31.
Scorpio Tankers Secures $172m for Eight Vessels
Tanker carrier Scorpio Tankers has landed a loan deal for USD 172 million. The money will finance 60 percent of eight new MR product tankers which are currently under construction in South Korea.
TGS Hires Polarcus for Europe
Polarcus has received a letter of award from TGS-NOPEC Geophysical Company, a marine seismic data acquisition specialist, for acquisition of 30,000 square kilometers of 3D multi-client data in Europe.
Cosco Hands Over Salvage Vessel, Bulker
Cosco Corporation Singapore said that Cosco (Dalian) Shipyard Group Co, a 51% owned unit of its subsidiary, has recently delivered a salvage lifting vessel to its…
Tata to Invest in Swan LNG Project
Tata Realty and Infrastructure Ltd (TRIL) is taking 10 percent stake in a Rs. 5,900 crore ($867 mln) floating LNG import terminal being set up by Nikhil Merchant led Swan Energy in Gujarat.
Carnival to Build Two New Cruise Ships with Fincantieri
Two new ships to be built for company’s Holland America Line and Princess Cruises brands will help meet growing demand for cruise vacations and enhance the fleet.
Norwegian Shipping Firm Denies Polisario Accusation of Illegal Shipment
A Norwegian shipping firm on Thursday denied a tanker it manages had violated a European court ruling after Western Sahara's Polisario movement accused it of illegally…
Polar Star Arrives at McMurdo Station, Antarctica
The crew of the Coast Guard Cutter Polar Star arrived at the National Science Foundation’s McMurdo Station Tuesday after cutting a resupply channel through more than 60 miles of Antarctic ice in the Ross Sea. By carving a navigable path through seasonal and multi-year ice, the Polar Star assists in the annual delivery of operating supplies and fuel for two of NSF's three U.S. research stations in Antarctica.
