In Sign of Oil Rebalancing, North Sea Floating Storage Shrinks
The volume of global price benchmark North Sea crude being held in floating storage has declined sharply since mid-August, according to shipping data and trade sources…
Hong Kong and UK Strengthen Maritime Ties
Representatives of the British and Hong Kong maritime business sectors have agreed to forge a closer working relationship.
Maria Seen Strengthening into Major Hurricane
A second powerful storm in as many weeks was bearing down on a string of battered Caribbean islands, with forecasters saying Maria would strengthen rapidly into…
Japanese Navy Ship Teruzuki Visits India
Japan Maritime Self-Defense Force (JMSDF) Ship Teruzuki visited Kochi from 09 to 11 September 2017. Captain Masashi Kondo…
Keeping Asia Abreast of IMO Activities
International Maritime Organization (IMO) is attending the 34th session of the Association of Southeast Asian Nations (ASEAN) in in Bohol Island…
How Deep is the Ocean?
Hydrogaphy, the science of surveying and charting bodies of water, is essential to the safe, sustainable and cost-effective use of the world’s oceans.
Philippines Completes Scientific Survey in Disputed Sea
The Philippines has completed an 18-day scientific survey in the South China Sea to assess the condition of coral reefs and draw a nautical map of disputed area…
THE Alliance Sets $50 Mln Insolvency Contingency Fund
Remarks from Federal Maritime Commissioner William P. Doyle at the FTR Transportation Conference 2017, Indianapolis, Ind.
Top Maritime News
BWTS Manufacturer OceanSaver Bankrupt
Insufficient liquidity has led Norwegian ballast water treatment system manufacturer OceanSaver to file for bankruptcy.
CMA CGM Confirms Order for Nine Mega Ships
CMA CGM, the world's third-largest container shipping firm, said it expected operating profits to improve further in the second half as the market
Toyota Backs Japanese $1.8 Bln LNG Vessel Order
Japanese car manufacturer Toyota Motor Corporation is turning to LNG-powered ships to transport its cars across the globe
Seadrill Files Chapter 11 Bankruptcy Protection
Seadrill Limited, one of the world’s largest offshore drilling companies, has filed for Chapter 11 bankruptcy protection at the Southern District