South India's VO Chidambaranar Port created a new record by handling 1,80,597 MT of cargo in a single day on July 27 this year, surpassing the previous single day record of 1,77,639 MT on November 16, 2017.The fourth-largest container terminal…
The National Shipbuilding Research Program (NSRP) has announced the election of new officers to its Executive Control Board (ECB).Don Hamadyk, Director, Research and Development at Huntington Ingalls Industries’ Newport News Shipbuilding division in Newport News…
The United States wants all ships to keep their tracking transponders on to cut down on illicit activity and smuggling, and to increase transparency with movements of ships around the world, a senior State Department official told Reuters.Automatic…
Shippers Transport Express has deal to keep moving boxes away from docks. A program that accelerates Port of Oakland cargo flow has a new lease on life…literally. Port Commissioners last week approved a firm’s 13-year lease to continue moving loaded import containers off Oakland docks…
Nucore Group, based in Aberdeen, has announced the appointment of two new directors to the business, CFO for Nucore Group and Services Director for Oteac Ltd with immediate effect.Operating internationally Nucore Group brings together the knowledge…
The Greece-based global bunker fuel and marine lubricants trader Shipoil has appointed Inatech, a unit of Glencore, to digitalize its trading and supply operations as part of a strategy to prevent new low-sulphur emissions rules from 2020 eating into profits…
The Baltic Exchange's main sea freight index fell to a more than two-week low on Monday, weighed down by weaker rates for panamax vessels.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 0.8%, or 15 points, to 1…
The National Maritime Center is still seeking participants for the three remaining merchant mariner examination working group meetings in 2019.Deck working group – September 10-12Engine working group – October 22-24Deck working group – December…
The United States has shipped several million tonnes of soybeans to China since the two country's leaders met in June, Chinese state media said on Sunday, ahead of fresh trade talks in Shanghai this week.Chinese companies have made inquiries about buying U…
Saudi Ports Authority has issued a license to the local subsidiary of Maersk to operate in all ports in Saudi Arabia, state news agency SPA reported on Monday.Maersk currently has weekly containerised shipping services to the ports of Jeddah…
Spanish public multinational utility company Iberdrola said that its gross operating profit (EBITDA) grew by 12.5% to €4.99 billion, due to the positive performances in the United States, Mexico and Brazil and the contribution of the Wikinger offshore wind farm…
Mammoet, the privately held Dutch company specialized in engineered heavy lifting and transport of over-sized and heavy objects, said it has signed an agreement to acquire fellow international heavy lifting and transport specialist ALE.No further…
Neptune Energy East Sepinggan, subsidiary of the European exploration and production company Neptune Energy has agreed to acquire interests from the Eni East Sepinggan Limited, a unit of Eni in the Kutei basin production sharing contracts (PSC) offshore Indonesia…
French offshore services giant Bourbon Corporation's existing liabilities amount to 900 million euros, or just over $1 billion, according to sources. It is is in serious danger of bankruptcy now that a group of creditors has demanded immediate payment of outstanding debt…
The deep-sea port and adjacent free zone in the Middle East, SOHAR Port and Freezone recently entered into a Service Level Agreement (SLA) with Sohar University and Qualies (the Organization for Quality and Innovation Strategies).The collaboration…
