Maritime Industry Top News
China Confirms Second Carrier being Built
After months of speculation, China confirmed on Thursday it is building a second aircraft carrier to go with an existing one bought second-hand, as neighbours worry…
Iran Denies Rocket Launch Near U.S. Warships
Iran denied on Thursday that its Revolutionary Guards launched rockets near the U.S. aircraft-carrier Harry S. Truman and other warships as they were entering the Gulf on Saturday.
Storm Shutters Some North Sea Output
Loose barge drifts by platforms in North Sea; BP platform evacuated, output shut down. A fierce storm in the North Sea forced oil firms to evacuate platforms and…
Obituary: Christer Olsson, Stolt-Nielsen Chairman of the Board
The Board of Directors of Stolt-Nielsen Limited announced the passing of Christer Olsson, Chairman of the Board. He was 70. Mr. Olsson had served as a Director of the Company since 1993…
Drifting Barge Missed Valhall North Sea Platform
A drifting barge has missed BP's Valhall platform in the North Sea by some two kilometres, a spokeswoman for the Rescue Coordination Centre for southern Norway told Reuters.
Korea to Create $1.2bln Shipping Fund
The South Korean government will create a US$1.2 billion ship investment fund to aid the shipping industry which has been struggling due to decreasing global trade.
China's Maritime Economy Expands by 8 Pct Annually
The total production value of China's maritime industry grew by an average of 8.4 percent annually from 2011 to 2014, representing over 9.3 percent of the GDP each year…
India: New Opportunities Unveiled in Shipping Sector
The Ministry of Shipping has taken many proactive and progressive interventions in the areas of shipbuilding, port development, inland waterways and coastal shipping…
Indian Ministry of Shipping to Promote Ease of Biz
Promoting ease of doing business has been at the core of the efforts of the Ministry during the year. Focus has beenonsimplifying procedures by removing irritants…
India Bullish on Maritime Industry
For the development of maritime sector in the country, India has rolled out some important projects and signed MoUs, asscording to the Ministry of Shipping. India…
64% Gowth for LNG Bunkering Market
Detailed insights and analysis of the global market for LNG bunkering fuel have been included in a new market research report recently published by Transparency Market Research (TMR).
Cyber at Sea: House-Passed Legislation Signals Focus on Maritime Cybersecurity
Recent developments in the United States suggest that cybersecurity of the maritime sector will come under increasing focus in 2016, says Hogan Lovells. On December 16, 2015, H.R.
Heavy Wave Strikes Rig, Injures Three in the North Sea
At 5 pm on Wednesday December 30, Statoil and COSL were informed that three persons had been injured on the COSL Innovator when a heavy wave hit the rig. Statoil and COSL have mobilized their emergency response organizations. The semi-submersible drilling rig COSL Innovator is under contract to Statoil on the Troll field in the North Sea, west of Bergen. The rig had been taken off the well due to heavy weather when the incident occurred.
This Day in U.S. Navy History: December 30, 2015
USS John D. Ford (DD 228) is commissioned. It serves in both the Atlantic and the Pacific during World War II and receives a Presidential Unit Citation, specifically…
One Million Migrants Traveled to Europe by Sea in 2015
More than one million refugees and migrants braved the seas in 2015 seeking sanctuary in Europe, nearly five times more than in the previous year, the United Nations' refugee agency said on Wednesday.
Art Anderson Associates Wins 5-year NOAA Deal
Art Anderson Associates informs it has been awarded a five year Blanket Purchase Agreement (BPA) for program and project management as well as other services supporting…
Spotlight on Custom Dredge Solutions
Louisiana-based DSC Dredge, LLC, will have its experts on hand at AGG1 Aggregates Academy & Expo, March 22-24, 2016, in Nashville to discuss customers’ specific dredging challenges, learning their unique stories and offering DSC’s customized dredging solutions. DSC said it believes that every dredge begins with a story; every dredging application is different, and every dredge operator works under unique conditions.
Fincantieri: Four Cruise Ships for Carnival
Following an agreement subscribed in March 2015, Fincantieri announced today it has signed a memorandum of agreement with Carnival Corporation & plc for the construction…
US Crude Inventories Rise Unexpectedly
U.S. crude stocks rose unexpectedly last week on a bigger-than-expected build in distillate and gasoline inventories and higher imports, data from the Energy Information…
Australian Frigate Deploys for the Middle East
Australia Prime Minister Malcolm Turnbull joined Chief of Navy, Vice Admiral Tim Barrett, AO, CSC, RAN, and friends and family at Garden Island, Sydney, to farewell the 229 Royal Australian Navy personnel onboard HMAS Darwin as the ship sailed for the Middle East region. Commander Australian Fleet, Rear Admiral Stuart Mayer, CSC and Bar, RAN, spoke to the assembled crowd and noted that while most Australians were spending the festive season with their loved ones…