Industry News


Senator Ayotte Named 'Champion of Maritime' by AMP

Oct 21, 2016

The American Maritime Partnership (AMP), the voice of the domestic maritime industry, recognized U.S. Senator Kelly Ayotte (R-NH) Thursday with the 2016 Champion of Maritime Award. AMP honored Sen. Ayotte due to her extraordinary support and dedication to the American maritime industry…

Nor-Shipping Crowd-Sources to Turn Industry Problems into Profit

Sep 30, 2016

Nor-Shipping invites the next generation to find solutions to this generation’s challenges through its unique ‘Problem to Profit’ initiative. The leading global maritime event week, taking place in Oslo and Lillestrøm, Norway, from May 30 to June 2…

Jelenić Joins Pacific Merchant Shipping Association

Jun 13, 2016

Maritime environmental and logistics industry expert Thomas A. Jelenić joins Pacific Merchant Shipping Association (PMSA) as Vice President, the trade association announced today. Jelenić will work in PMSA’s Long Beach office as of June 13, 2016…

Samsung, Daewoo Merger on the Way?

Apr 18, 2016

As the Korea government is pushing for restructuring of the faltering shipbuilding industry, speculation grows over a possible merger between the country’s two major shipbuilders — Samsung Heavy Industries and Daewoo Shipbuilding and Marine Engineering…

DNV GL Initiatives to Reduce O&G Industry Cost

Apr 13, 2016

In a period of cost constraint and increasingly complex oil & gas production, finding solutions that increase efficiency and production has never been more important. To address the industry’s need for smart solutions that reduce complexity…

AEU’s Stuardi Named National Association Lead

Apr 05, 2016

On behalf of The American Equity Underwriters, Inc. (AEU), Rob Stuardi has taken on the responsibility of working alongside several prominent maritime industry associations to help contribute to the success of the industry as whole. In his new role as Vice President…

SSA President Tells CMA of Technological Advances

Mar 23, 2016

Esben Poulsson, President of the Singapore Shipping Association and Vice Chairman of the International Chamber of Shipping, spoke at the CMA Shipping conference on the topic of ‘Defining the Successful Shipping Enterprise of the Future - What…

SSI's Roadmap To 'Sustainable Shipping Industry By 2040'

Mar 07, 2016

SSI members and key industry stakeholders work together to define tangible milestones across all areas of sustainability that must be collectively delivered by the industry to meet the SSI’s 2040 Vision London – 7 March 2016 - The Sustainable Shipping Initiative (“SSI”)…

Report Calls for Shipping Liners to Consolidate

Mar 01, 2016

The need of the hour is consolidation of container ship lines order to regain profitability and to overcome financial struggles, consulting firm AlixPartners says in a new report.  The report says that an increased supply of vessels, coupled with the introduction of giant ships…

Bleeding Continues for Korean Shipbuilders

Jan 08, 2016

South Korea's big three shipbuilders are set to post over 8 trillion won (US$6.66 billion) in operating losses in 2015 because the industry has not found a way out of a prolonged slump, reports Yonhap. According to the industry data, the top three shipyards - Hyundai Heavy Industries Co…

Global Marine Port and Service Industry to Grow at a CAGR of 4.7%

Dec 15, 2015

According to a new industry report published by Lucintel, the future of the global marine port and service industry looks good, with opportunities in the marine freight transportation industry.  As per a Lucintel study, the global marine…

India Announces $615 mln Package for Ship Builders

Dec 10, 2015

The Indian Union Cabinet chaired by the Prime Minister Narendra Modi has cleared a Rs.4,000-crore ($615 mln) package to spur India’s ship building industry, combined with a slew of incentives. The sops include the right of first refusal on all government purchases for Indian shipyards…

IACS Chairman Meets Industry Stakeholders b

Sep 26, 2015

ABS Chairman, President and CEO Christopher J. Wiernicki has taken part in a series of meetings with maritime industry stakeholders in his capacity as chairman of the International Association of Classification Societies (IACS).Together with IACS Secretary-General Robert Ashdown…

UK Chamber signs MOU with Society of Maritime Industries, British Marine

Sep 24, 2015

The UK Chamber of Shipping has signed a Memorandum of Understanding with the Society of Maritime Industries and British Marine, to set out the basis for the three organisations to work together for the benefit of the industry as a whole. Shipping…

Campaign to Raise Awareness of US Shipbuilding, Repair

Aug 05, 2015

Shipbuilders Council of America announces “KNOW YOUR SHIP” campaign to focus on raising awareness regarding the positive economic and national security impact of the shipbuilding and repair industry Ahead of the first presidential debate this week…

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