Pentagon to U.S. Navy: Buy fewer LCS Ships, More Planes
Defense Secretary Ash Carter ordered the U.S. Navy in a sharply worded memo this week to buy 12 fewer small littoral combat ships (LCS) and more fighter jets, electronic…
China: South China Sea War Games Underway
China's military carried out war games in the disputed South China Sea this week, with warships, submarines and fighter jets simulating cruise missile strikes on ships…
BG, Energy Transfer get Nod for Lake Charles LNG
BG Group and Energy Transfer Partners have gained approval from the U.S. energy regulator for their liquefied natural gas (LNG) production and export plant in Lake Charles…
Asia-Europe Box Rate Drop Continues
Freight rates on world's busiest route down 20.6 pct; forward contracts indicate continued weak 2016 market. Shipping freight rates for transporting containers from…
New Deep-Sea Vents, Volcanic Activity Found in Mariana Back-Arc
Schmidt Ocean Institute’s research vessel Falkor returns from the first ever expedition to systematically characterize the rarely explored Mariana Back-Arc. HAGANTA…
MAN Diesel and Turbo to Power Giant Crane Vessel
MAN Diesel & Turbo has signed a contract with Sembcorp Marine in Singapore to supply the dual-fuel propulsion system – including exhaust-gas after-treatment – for…
Navy to Christen Littoral Combat Ship Omaha
The Navy will christen its newest Independence-variant littoral combat ship, USS Omaha (LCS 12), during a 10 a.m. CST ceremony Saturday, Dec. 19 in Mobile, Alabama.
SAL Remains in Troubled Waters
The running year turned out as a tough year in shipping. Despite a raft of technical projects for the company, the stinging tale of the low oil price created a steep…
Double Record set by Antwerp Port
The port of Antwerp is on course to handle more than 200 million tonnes of freight this year for the first time ever. And in container transhipment too a new record has been set…
Injured Veterans Back on Water, Courtesy GAC
Military veterans will soon have another outlet to channel and share their experiences, on a restored wooden yacht in California, thanks in part to GAC worldwide.
Global Shipbuilding to Turn Around in 2017: Castrol
Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%…
Latvian Shipping's IPO in 2016
Marine petroleum transportation specialist Latvian Shipping Company (LSC) hopes to raise EUR 80 million via an initial public offering (IPO) on the Riga Stock Exchange in the first half of 2016.
When is a Master Entitled to Refuse Damaged Cargo? A Reminder from the Standard Club
A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreement between shippers, charterers and carriers.
Mozambique Grain Terminal Fire Death Toll Crosses 15
On 13 December 2015, there was a fire and explosion at the STEMA grain terminal in Matola, part of the Maputo port complex in Mozambique. Police authorities in Mozambique…
MSC Plans $200mln 'Island Marine Reserve' in Bahamas
MSC Cruises, the Geneva-based global cruise line, has unveiled ambitious plans to create an unprecedented exclusive marine reserve island experience in the Bahamas.
First Mega Containership Coming to America
The largest container ship to visit the U.S. West Coast is scheduled to arrive at the Port of Los Angeles on December 26. The CMA CGM Benjamin Franklin, which was…
Piraeus Port Privatization Bid Soon
As the pushed back the date - the Dec. 21 deadline - for the submission of binding bids for the sale of its biggest port Piraeus (OLP) approaches, the pace is picking up with binding bids, reports WSJ. Three of the world’s biggest port operators expected to submit their binding bids next week. Greece’s leftist government had pushed the move back for a year, upsetting potential investors and the country’s international creditors. The deadline has been postponed three times since Oct.
LNG Containership Perla Del Caribe Fuels Up
On December 11, General Dynamics NASSCO completed bunkering of liquefied natural gas (LNG) for the Perla Del Caribe, the world’s second containership to be powered by LNG. Bunkering services were provided by the California-based company Clean Energy as well as Baker Hughes and Envent during a 48-hour period at the NASSCO shipyard in San Diego. Representatives from NASSCO worked collaboratively with several regulatory agencies to prepare for the event, including the U.S.
NSRP Selects Next Round of Shipbuilding R&D Projects
The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part…
DHL Names Hamburg Süd ‘Carrier of the Year’
Logistics enterprise DHL Global Forwarding presented container shipping company Hamburg Süd with the ‘Carrier of the Year 2015’ award, underscoring the working relationship between the two companies The award was received by Peter Frederiksen, Member of the Executive Board of Hamburg Süd, at the annual DHL Carrier Meeting on December 9 in Bonn, Germany.
