Maritime Industry Top News
Exmar sells Belgibo to JLT
Ship management company EXMAR has reached an agreement to sell insurance broker BELGIBO NV to Jardine Lloyd Thomson Group plc (JLT), one of the world’s leading providers of insurance…
DOF Inks Two PSV Contracts
The DOF Group has been awarded two contracts for the provision of the multipurpose support vessel (MSV) Skandi Skansen and the platform supply vessel (PSV) Skandi Caledonia in the Mediterranean.
New CEO for Pioneer Marine
Pioneer Marine, a global dry bulk handy size transportation service provider, announced today changes in its Senior Management Team. Torben Janholt, who has served…
ESL Shipping Launches Viikki
Viikki, the new eco-friendly dry cargo vessel of ESL Shipping, part of Aspo Plc, was successfully launched today at the Jinling shipyard in Nanjing, China. “The…
Ecuador, DP World Begin USD 1bln Port Construction
The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem today performed a ground-breaking ceremony to mark the start…
Cargo Ship Sinks near Oman
A Tanzanian-flagged cargo ship sank off the Omani coast due to leaked sea water, reported Bahrain News Agency. Twenty sailors were saved. The report quoted Authorities…
MARAD Calls in NDRF Ships for Harvey Relief
The U.S. Department of Transportation Maritime Administration (MARAD) has activated two National Defense Reserve Fleet (NDRF) vessels for a pre-scripted Federal…
Two Shipwrecks Found in Lake Huron
NOAA maritime archaeologists and partners have located and identified two previously undiscovered historic shipwrecks in Thunder Bay National Marine Sanctuary. The…
Port Taranaki Ready for More Cruise Ships
Port Taranaki is committed to providing world-class assets and service excellence to support the cruise industry, chief executive Guy Roper says. Mr Roper took part…
MOL to Join LNG Terminal Project in India
Mitsui O.S.K. Lines (MOL) announced the signing of agreements with Swan LNG Private Limited (Swan LNG) for the long-term operation / maintenance of a floating, storage…
CMIT Welcomes Vietnam PM
Vietnam’s Prime Minister Nguyen Xuan Phuc visited Cai Mep International Terminal (CMIT) on July 21st, becoming the first container terminal in the Cai Mep area, part of Saigon Port…
Scorpio Closes Merger with Navig8
Scorpio Tankers Inc. announced that it has closed the previously announced merger with Navig8 Product Tankers Inc. (NPTI). As consideration, Scorpio has issued 55…
New Container Scanner System for Colombo Port
A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials.
Survey Vessels Hit the Charts
Training to ‘fight and win at sea’ occurs across the Navy every day of the year, but how does that concept map to the hydrographic fleet and their motto ‘diligence and skill’? – step into the world of the Navy’s survey motor launches. HMAS Mermaid, one of four Paluma class vessels, recently completed an intensive five and a half week training program in North Queensland waters in company with her sister ship HMAS Paluma.
Nordic American Appoints New CFO
Nordic American Tankers (NAT) and Nordic American Offshore (NAO) has appointed Bjørn Giaever (50) as Chief Financial Officer (CFO). He is expected to join us later this year and as early as possible.
Tarbit Shipping, Martech Systems Pact to Implement SERTICA
Swedish tanker company Tarbit Shipping has signed a deal with Martech Systems to manage data structuring and implementation of the SERTICA software package from…
BOLLFILTER Wins Arbitration over OceanSaver
After four years an arbitral tribunal has fully dismissed OceanSaver AS’ claim for compensation against BOLLFILTER Nordic ApS, Denmark. In 2013, OceanSaver AS initiated…
LGL Brings US-flag RO/RO into Service
Liberty Global Logistics LLC (LGL) said its newest U.S.-flag Roll-On/Roll-Off (RO/RO) vessel, the M/V Liberty Peace, has commenced service. The flag of the vessel…
US Receives Request to Waive Jones Act Due to Harvey
U.S. Customs and Border Patrol said Friday it has received and is reviewing one request to waive the Jones Act due to the impact of Hurricane Harvey, which has shut…
Brazil's 20% Ethanol Import Tax Rule Takes Effect
New rules governing Brazil's ethanol imports, which slap a 20 percent penalty for volumes above a tax-free import quota, took effect on Friday, authorities said.