Maritime Industry Top News
Four TEREX Mobile Cranes for Asia Pacific
Terex Port Solutions (TPS) continues to systematically strengthen its position in the Asia Pacific region with four new mobile harbour cranes. Two additional Terex…
IACS Council Establishes Cyber Panel
The International Association of Classification Societies (IACS) has created a Cyber Panel to lend support and resources to address what has become a key industry issue.
Kristensen to Head Ulstein Design and Solutions
Eva Kristensen will take the helm as the new managing director at Ulstein Design and Solutions AS starting in January 2016. Kristensen will also enter into the role…
Ship of Turkish President's Son Implicated in ISIS Oil Trade
According to the Independent, oil tankers owned by Bilal Erdogan, son President Erdogan, has involved in the illicit oil trade with Islamic State (ISIS). The ships…
China Shipping Merger Erases $900 mln in Market Value
Shares of Cosco Group and China Shipping have taken a hammering on the stock markets as two major companies lost about $900 million in total market value after…
CMA CGM Buys NOL Shares from Open Market, Below Par
CMA CGM SA has bought about 3.68 million shares of Singapore-based Neptune Orient Lines (NOL) on the open market at S$1.22 per share. The shares purchased make up…
Maersk Unhappy with COP21 Climate Deal
The world’s largest container carrier, Maersk Line is very disappointed that regulation of the shipping industry was left out of the COP21 climate deal. The Danish…
Bulkcarrier Market Looks Bullish
Bulkcarrier investors are generally an optimistic lot, with little time for pessimistic analysts, says a research report by Clarksons. They know that however gloomy the forecasts…
The Orderbook And The Fleet: A Golden Ratio?
The orderbook to fleet ratio is a useful indicator of future supply growth, both across the industry as a whole and within sectors, according to a research report by Clarksons.
Chinese Navy Ramps up Drills in Disputed Sea
The Chinese navy has conducted live-fire exercises in the disputed South China Sea , reports Reuters. China claims almost all of the energy-rich waters, through…
3 Rescued on Eastern Lake Erie
The Coast Guard assisted three people Saturday afternoon after three flares were sighted from shore near Hamburg, New York. The names of those rescued are not being…
Dorian Acquires ECO VLGC Challenger
Dorian LPG Ltd., a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported today that it took delivery of the ECO VLGC Challenger from Hyundai Samho Heavy Industries.
Renewal of Bunker, CLC, Athens and WRC Certificates
Time has come for most shipowners to apply for renewal of Bunker, CLC, Athens and Wreck Removal Certificates from the Danish Maritime Authority (DMA). Certificates…
Gonzalez Passing Exercise with Turkish Navy
The Arleigh Burke-class guided-missile destroyer USS Gonzalez (DDG 66) participated in a bilateral passing exercise (PASSEX), Dec. 11, with the Turkish Navy. PASSEXs…
Port Closures for All of Pacific Northwest Entrances
The Coast Guard's two Captains of the Port have closed all maritime entrances in the Pacific Northwest, Friday, due to severe sea conditions and large amounts of debris in the water.
“Safe Container – Steering Changes” – SOLAS Amendment
With the SOLAS Convention now requiring container weight verification from 1st July 2016 onwards following the amendment approved by the International Maritime Organization (IMO) last November…
Fincantieri Lays Keel for Next Silversea Cruise Ship
The keel laying ceremony of “Silver Muse”, the new ultra-luxury cruise ship which Fincantieri is building for Silversea Cruises, took place today at the shipyard in Sestri Ponente (Genova).
Port of Antwerp twins with Guangzhou
The ports of Antwerp and Guangzhou are to collaborate even more closely under the terms of a twinning agreement signed on Thursday 10 December in the Chinese port city.
RFQ for Developing Container Terminal at Panama Canal
The Panama Canal Authority has issued a Request for Qualifications (RFQ) for companies interesting in competing to design, develop, finance, construct, operate and…
New Fednav Ship to Visit Port of Duluth-Superior
One of six newly-built bulk carriers in the Fednav fleet, the Federal Bering, is making its first full transit of the Great Lakes St. Lawrence Seaway system this week en route to the Port of Duluth-Superior. While this will be a first for the ship, its cargo will end up being the last outbound grain shipment of the 2015 shipping season for the Twin Ports. Federal Bering is expected to arrive late Sunday evening, December 13, or early Monday morning, December 14.
