Indonesian Boat Captain to be Prosecuted After Fire
Indonesia plans to prosecute the captain of a tourist boat for negligence after a fire ripped through the vessel on New Year's Day, killing at least 23 people and injuring dozensā¦
Fincantieri's STX Bid Approved by S.Korean Court
French state holds 33 pct of STX France; acquisition could boost Fincantieri's position in cruise shipbuilding. A South Korean court approved on Tuesday Italy'sā¦
Polar Protection : New Ship Regulations come into force
With more and more ships navigating in polar waters, IMO has moved to address international concern about the protection of the polar environment and the safetyā¦
HMM in New Alliance Deal
Hyundai Merchant Marine (HMM) said it has signed an agreement with intra-Asia trade carriers Heung-A Shipping and Sinokor Merchant Marine to form a container shippingā¦
APL Saipan Makes Maiden Call to Guam
On 2 January, APL and Guam celebrated the New Year with APL Saipanās maiden call at the Port of Guam, officially commencing the weekly service for the Guam Saipan Express (GSX) service.
Australia, Papua New Guinea Team-Up to fight illegal fishing
The Australian Border Force (ABF) and the Papua New Guinea (PNG) Defence Force Maritime Element conducted a PNG Government led joint patrol to identify and interceptā¦
New Research Vessel Delivered to State of California
A new 60-foot research vessel has been delivered to the California Department of Water Resources (DWR). The rugged and utilitarian catamaran, Sentinel, was designedā¦
Ex-chairwoman of Hanjin Charged With Insider Trading
The Seoul Southern District Prosecutorsā Office said Choi Eun-young, the former chairman and former CEO of Hanjin Shipping, has been indicted on charges of insider trading.
Wanax Invests in PSV Market
Wanax AS, a wholly owned subsidiary of S.D Standard Drilling Plc, will invest USD 5.215mln in platform supply vessels (PSV) Opportunity III DIS. The investmentā¦
Bimco Expects 'Die-hard Competition' to Continue in 2017
2017 will see another year of die-hard competition, which now includes tankers, says International shipping association Bimco. The shipping industry has its workā¦
Cavotec's Strategic Plan Enters Into Effect
Cavotec SA's previously announced strategic plan and new organisational structure ā based on two distinct Business Units (BU), Ports & Maritime and Airports & Industryā¦
GE Shipping Contracts to Buy 2 Suezmax Crude Carriers
The Great Eastern Shipping Company Limited (GE Shipping) has signed contracts to buy 2 Suezmax crude Carriers of about 157,000dwt each. The 2010 and 2011 built vesselsā¦
Colombo Port Volumes Surpasses 2mln TEUs
Colombo International Container Terminals (CICT) has reported a throughput of two million TEUs for the 12 months ending 31 December 2016, a year-on-year growth of 28 percent in volumeā¦
Twenty Dead, Dozens Hurt After Indonesian Tourist Boat Blaze
Twenty three people were killed and dozens injured on Sunday after a fire ripped through a boat carrying nearly 250 people to islands north of the Indonesian capital Jakartaā¦
COSCO Container Lines Renamed COSCO Shipping Lines
COSCO Container Lines Co., Ltd. has changed its company name to COSCO Shipping Lines Co., Ltd. (āOur Companyā). Our Company changed its official company name from COSCO Container Lines Co., Ltd.
Mariner Rescued Aboard Disabled Vessel in Bellingham Bay
The Coast Guard rescued one mariner aboard a disabled vessel after he become disoriented in Bellingham Bay, Saturday. Coast Guard Sector Puget Sound command centerā¦
BIMCO: What Shipping Market can Expect for 2017
The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009.
Wärtsilä, MOL Sign maintenance Deal for Two LNG Carriers
Wärtsilä has signed a ten-year maintenance agreement with MOL LNG Transport Europe Ltd., an affiliate of the Japanese MOL Group. The agreement, which covers two LNG carriersā¦
Keppel FELS Resells Jackup Rig
Keppel Corporation Limited (the āCompanyā or āKCLā) refers to its announcement on 2 August 2013 on the construction contract ("Construction Contract") entered between Keppel FELS Limited (āKFELSā)ā¦
Maersk -Tyra Decommissioning to Start Next Year
Maersk Oil has on 30th December issued a notification to the Danish gas market announcing that an economically viable solution for full recovery of the remainingā¦
