Maritime Industry Top News
CKYHE Revises Europe Service Network
CKYHE Alliance - COSCON, "K"Line, Yang Ming, Hanjin and Evergreen Line - is reorganizing its service network for Asia-North Europe and Asia-Mediterranean trades in 2016.
RollDock Expands
RollDock Shipping B.V. (part of the Roll Group) confirmed the purchase of their 7th vessel, the MV RollDock Sky. This is the third semi-submersible multipurpose…
Cosco Pacific among Others to Bid for Greek Rail
Tender for the Greek rail service company Trainose, steams ahead with three potential suitors, say local media. Besides Hong Kong-listed Cosco Pacific, which is certain to participate…
Cosco Bags Self-Elevating Workover Unit Contract
Cosco (Nantong) Shipyard, a subsidiary Cosco Shipyard Group Co, has won an order to build one self-elevating workover unit for an Asian shipowner, with an option for one more similar unit.
China Merchants Offers to Buy Baltic Exchange
China Merchants Group has made an informal bid for London’s Baltic Exchange, says a report in Reuters. The State-run conglomerate has made an informal offer through a subsidiary…
NileDutch Acquires Safmarine MPV
NileDutch, West Africa specialist container line based in the Netherlands, will take over the final portion of Safmarine MPV, which sails a mixture of containers…
GasLog Appoints Bruno Larsen to Head FSRU
GasLog Ltd has appointed Bruno Larsen as head of floating storage and regasification unit (FSRU) development. Larsen has previous experience in both the LNG and FSRU sectors…
Statoil Exercises Ocean Installer Option at Vigdis
Ocean Installer will undertake flexible jumper replacement operations for Norwegian operator Statoil at the Vigdis field, says a statement from the company. Ocean…
Hyundai Hit by $100mln Addl Tax Bill
South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) has been hit by another hurdle as it faces KRW 120 billion (USD 100.5 million) in taxes, Yonhap news agency informed.
Saudi Aramco, Shell to Break up, Divide Motiva Assets
Shell and Saudi Aramco on Wednesday announced plans to break up Motiva Enterprises LLC and divide up the assets, almost two decades after the U.S. oil refining and marketing joint venture was formed.
Moore Stephens: UK 2016 Budget to Impact Shipping, Offshore Sectors
UK Budget 2016 provides surprises for shipping and radical measures for offshore maritime sector. Leading accountant and shipping adviser Moore Stephens says the…
Israeli Shipping Data Firm to Enter Commodities Game
Analysts say intelligent analytics could give firm an edge. A young Israeli technology company believes the expertise it has built up in tracking ships for governments…
Venture Insurance Programs Acquires Tidal Solutions
Venture will rebrand and integrate Tidal Solutions specialty commercial marine products into its portfolio of industry leading programs. Venture Insurance Programs…
Italy State Railways Eyeing Greek Railway Network
Italy's state railways <IPO-FERRO.MI> is considering bidding for Greece's rail network TRAINOSE, a spokesman for Ferrovie dello Stato said on Wednesday. "We are…
Harley Marine Wins Environmental Award
Harley Marine Services received the U.S. Coast Guard's Rear Admiral William M. Benkert Marine Environmental Protection Gold Award. The prestigious award recognizes…
AAPA 2016 Conference Focuses on Western Ports
U.S. High-ranking government officials, policy influencers, port authority CEOs and senior staff from throughout the Western Hemisphere, along with a host of maritime industry leaders will converge on Washington, D.C., April 4-6, to participate in the 2016 Spring Conference of the American Association of Port Authorities (AAPA) – the unified and recognized voice of seaports in the Americas. Among the conference highlights will be a keynote luncheon address by U.S.
LR Alert: Liquefaction Dangers for Carriage of Bauxite
The IMO’s Carriage of Cargo and Containers (CCC) Sub-Committee has published circular CCC.1/Circ.2 on Carriage of Bauxite that may Liquefy. the Master is presented…
Nigeria, Equatorial Guinea Sign Maritime Security Agreement
Nigeria and Equatorial Guinea signed an agreement to establish combined patrols to bolster security in the Gulf of Guinea, which has been plagued by piracy in the last few years…
EU Agrees on Plan to End Overfishing in Baltic Sea
European Union lawmakers and member states have agreed on a long-term plan to end over fishing of cod, sprat and herring stocks in the Baltic Sea, the first such…
Marad Chief, Coast Guard Commandant Advocate for Jones Act
Adm. Zukunft: “If you take the mariners away, what is the world going to look like 10 years from now? The House subcommittee on Coast Guard and Maritime Transportation held a hearing Monday on “President’s Fiscal Year 2017 Budget Request For Coast Guard and Maritime Transportation Programs” during which Coast Guard Commandant Admiral Paul Zukunft and U.S. Maritime Administrator Paul “Chip” Jaenichen stressed the critical need for the Jones Act to protect our economic and national security.
