Indonesia Palm Oil, Cocoa Bean Export Taxes Unchanged for April
Indonesia will keep the export tax for crude palm oil at zero in April, unchanged from March, Nurlaila Nur Muhammad, the director of export of agriculture and forestry products at the Trade Ministry…
China Angered by Japan's New Radar Station
Japan on Monday switched on a radar station in the East China Sea, giving it a permanent intelligence gathering post close to Taiwan and a group of islands disputed by Japan and China…
China Cosco Shipping to Maintain Alliances until Expiry
China Cosco Shipping plans to retain its current container alliances until they expire, after which it plans to sign a new deal, it said on Monday. The group's spokesman, Yu Zenggang, did not say when the current alliance agreements were due to expire. China COSCO , a unit of COSCO, is part of the CKYHE alliance with Kawasaki Kisen Kaisha, Yang Ming Marine Transport, Hanjin Shipping and Evergreen Marine…
Rep. Conaway Tours Newport News Shipbuilding
Huntington Ingalls Industries (HII) hosted Rep. Mike Conaway, R-Texas, for a tour of the company’s Newport News Shipbuilding division. The visit provided an opportunity for Conaway to meet shipbuilders and see the progress being made across Newport News’ ship construction programs. As a member of the House Armed Services Committee, Conaway introduced legislation last fall to increase the number of operational U.S. Navy aircraft carriers mandated by law from 11 to 12.
CMA CGM Adds Korea to WAX Coverage
Container shipper CMA CGM has changed the rotation of its WAX service operated with 13 vessels up to 4,350 TEU on the Asia-West and South Africa trade. As from April 11, 2016 when m/v BERMUDA begins her rotation in Pusan, the Pusan port call will be transferred from WAX 3 onto WAX service. According to CMA CGM, the move will allow it to be the unique carrier on the market offering a broad range of direct services from Korea to Benin…
COSCO Sets "Ship Repair Quality Standards"
March 24, the national standards prepared by the COSCO Shipyard led - "Chinese ship repair quality standards" by the review of the national marine vessel Standardization…
Evolutionary Carrousel RAVE Tugs Under Construction
In cooperation with R. Allan Ltd. (RAL) and Novatug B.V., Voith participated in the development of a new tug. The Carrousel RAVE Tug (CRT) is characterized by a towing winch on a ring.
74-Meter Amels 242 in Sea Trials
Even the chilly Dutch North Sea looks rather nice when graced by the gorgeous lines of the new 74-metre AMELS 242, out for sea trials near the AMELS yard in Vlissingen, the Netherlands.
Topaz Energy and Marine Net $ 20.8m Profit
Topaz Energy and Marine, a leading offshore support vessel company, today announces its results for the year ended 31 December 2015. * Net Profit for the period was US$ 20.8m before exceptional items…
ICS Deliberate on “Legal Issues relating to Shipping & Ports”
ICS, East India Branch conducted conference on Legal matters pertaining to Maritime Sector prior to joining hands with M/s Hinode Events a Knowledge Partner to serialise…
Long Beach Harbor Patrol Rescues Sea Lion
Recently, Harbor Patrol Officer Benjamin Martin, with help from Long Beach Animal Control, rescued a baby sea lion near a railroad track in the Port. No one knows how the sea lion got there…
FESCO Trans-Caspian Service Links Russia and Iran
FESCO Transportation Group, in cooperation with the Maritime port of Olya, is launching the Trans-Caspian intermodal service FESCO Russia Iran Service (FRIS), to…
Hapag-Lloyd Back in Black
German container shipping group Hapag-Lloyd has reported a net profit of €114 million ($127.5 million) on revenue of €8.8 billion for 2015 – a turnaround from a…
Boxer Leaves Hong Kong
Amphibious assault ship USS Boxer (LHD 4) and the 13th Marine Expeditionary Unit (13th MEU) pulled anchor and departed Hong Kong after completing a five-day port visit, March 25.
Adani Offers Dhamra LNG Stake to IOC, GAIL
Adani Group has offered 49% stake in its Rs. 5,000-crore ($750 million) Dhamra liquefied natural gas (LNG) project in Odisha to the state-owned oil and gas companies…
Hyundai Merchant Heading for Bankruptcy ?
A bankruptcy of Hyundai Merchant Marine (HMM) would become the biggest ever in the shipping sector, and the creditors seem on the way to taking over control with the shipping group.
Drunk Captain Grounds Ship in German Port
Dutch vessel 85-metre (279ft) long cargo ship the Abis Bergen has been towed free after running aground and blocking the entrance to the German port of Rostock.
Sri Lankan Minister Visits Goa Shipyard
Sri Lanka's Minister of State for Defence Ruwan Wijewardene visited the Goa Shipyard Limited (GSL) at the Vasco town, located around 40 kms from Panaji in India…
Cyprus Pushes Through Limassol Port Privatisation
The Cyprus government managed to push through parliament legislation finalizing the privatization of commercial operations at the island's primary Limassol port…
Trump Would consider Halting U.S. Oil purchases from Saudis
Republican presidential front-runner Donald Trump told the New York Times he would consider stopping U.S. oil purchases from Saudi Arabia unless the Saudi government…
