Maritime Industry Top News
ABS' New Condition Monitoring Guidance
Guidance Notes and Guide provide information for choosing monitoring techniques and insights for achieving classification. ABS has published two documents to help industry with condition monitoring.
Mitsubishi Books Loss from Cruise Ship Business
Mitsubishi Heavy Industries, Ltd. (MHI) hereby announces its intent to book an extraordinary loss from its cruise ship business in the company's consolidated financial…
VPS, Seagull Maritime Join Forces for Fuel Management Training
Veritas Petroleum Services (VPS) and Seagull Maritime AS announced today that they have signed a collaborative agreement that will capitalise on their complementary…
AET Buys All of Paramount Tankers
AET will purchase the remaining 50% of Paramount Tankers that it currently jointly own (under a 50/50 joint venture agreement) with Golden Energy Tanker Holdings.
First Call of MSC's Vessel Received at Sohar
Oman International Container Terminal (OICT) received the first call of the Mediterranean Shipping Co (MSC), the world’s second largest container shipper with over…
Maersk Opens Direct Cork-Cuba Service
Danish shipping giant Maersk — the world’s largest container carrier — began its first ever connection between northern European ports and Cuba last Friday, promising…
Hanjin Shipping Opts for Debt Restructuring
South Korea’s Hanjin Shipping Co. Ltd will work with lenders to restructure debt after years of weak demand resulted in losses and cash erosion, reports Bloomberg.
South Korea Eyes Iran's Shipping Industry
South Korean companies are briskly moving to tap into Iran's fast-growing shipping industry, regarding the Iranian boom as a breakthrough to their prolonged business…
IMO Takes Further Action on Climate Change
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved mandatory requirements for ships to record and report their fuel consumption…
IMO Supporting Kenya’s Maritime Security
The International Maritime Organization (IMO) is leading a maritime security table-top exercise in Mombasa, Kenya (April 21-22) as part of the Organization’s continuing…
Indonesia Woos Jokowi Netherlands for Investment in Maritime
Indonesian President Joko “Jokowi” Widodo has invited the Netherlands to invest in Indonesian infrastructure projects, particularly those that support Jokowi’s maritime sector development program…
ExxonMobil, Employees Donate $45 Mln for Higher Education
ExxonMobil and its employees contributed a total of $45.4 million to institutions of higher education across the country as part of the ExxonMobil Foundation’s 2015 Educational Matching Gift Program.
Qatargas' Beach Clean-up Day at Al Ghariya
A large number of Qatargas employees participated in the third annual Qatargas beach clean-up held on Saturday (23rd April) at Al Ghariya beach, 85 kilometers North of Doha.
Scandlines’ Ferry leaves FAYARD Shipyard
The new Scandlines ferry for the route Rostock-Gedser left the Danish shipyard FAYARD on Wednesday 20 April 2016. The vessel will be named M/V Berlin on Tuesday 3 May 2016.
ExxonMobil Starts Production at Point Thomson
ExxonMobil said today it has started production at its Point Thomson project, the first company-operated project on Alaska’s North Slope. Central pad facilities…
Hurtigruten, Kleven Ink Explorer Ships Construction Deal
Norwegian exploration travel company Hurtigruten, has signed a letter of intent for the construction of up to four new explorer ships with Norwegian shipyard Kleven.
Larson Electronics Debuts Multi-colored Explosion Proof Signal Light with horn
Larson Electronics released a new multi-colored hazardous location LED signal light with a 110dBA audible horn. The HAL-TL-5X10W-C-PA from Larson Electronics is…
Seafarers International House Honors Maritime Leaders
Members of the maritime community gathered last evening at the New York Athletic Club to honor three of its leaders: H. Marshall Ainley (President, Marine Engineers’ Beneficial Association), Ian T.
MAN Diesel Ship Engine Production Steady
Mitsui Engineering and Shipbuilding co., Ltd. (MES; President: Takao Tanaka) achieved production volume of 181 MAN B&W low-speed diesel engines manufactured at the…
Europe Cheers IMO Efforts on CO2 Reduction of Shipping
European shipowners welcome the significant progress made this week at the 69th session of the IMO Marine Environment Protection Committee (MEPC). The basic features…
