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Cochin Port to Roll-out New Cruise Terminal

Jul 20, 2018

A new Cruise Terminal having facilities to handle 5000 tourists will come up at Ernakulum Wharf of Cochin Port, India by February 2020.  Cochin Port Trust has issued work order to the contractor today for commencing the construction of the new Cruise Terminal…

London P&I Club Setting up Cyprus Office over Brexit

Jul 20, 2018

British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access, the group told Reuters on Friday.Britain dominates the global…

SC Ports is on a Growth Trajectory

Jul 20, 2018

South Carolina Ports Authority posted strong performance across multiple business segments in fiscal year 2018, achieving new records for monthly and annual container volumes as well as progress of key capital projects.“SCPA had an ambitious growth plan for the 2018 fiscal year…

LNG Powered ConRo Ship Delivered to Crowley

Jul 20, 2018

U.S. based Crowley Maritime Corp. has taken delivery of one of the world’s first combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG), from shipbuilder VT Halter Marine Inc. The Jones Act compliant El Coquí is the first of two Commitment Class…

CMA CGM Buys Stake in CSP Zeebrugge Terminal

Jul 20, 2018

French container carrier CMA CGM announced Friday it has acquired from CHINA SHIPPING Ports Development Co. Limited, a wholly-owned subsidiary of COSCO Group, a 10 percent equity interest in CSP Zeebrugge Terminal NV, through its wholly-owned subsidiary CMA Terminals…

S.Korea LNG Imports Set to Ease from Record

Jul 20, 2018

South Korean imports of liquefied natural gas are set to ease from record levels racked up in the first-half of the year, with appetite for the fuel from utilities seen fading as a raft of nuclear power stations come back online.The country's…

Seadrill Gets ABS-Managed Pressure Drilling Notation

Jul 19, 2018

ABS has announced it has issued the managed pressure drilling notation ABS MPD to Seadrill for the ABS-classed West Capricorn, a 6th generation ultra-deep water semi-submersible operating in the Gulf of Mexico.This notation demonstrates system…

DP World, China Signs Agreement to Boost International Trade

Jul 19, 2018

An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group…

CMA CGM to Reshuffle its CIMEX 6 Service

Jul 19, 2018

CMA CGM announced the revamping of dedicated CIMEX 6 service linking Asia and the Middle East Gulf with Umm Qasr call replacing Bandar Abbas as from Shanghai ETA on August 6th, 2018.With CIMEX 6, CMA CGM will offer a direct service from Asia to Umm Qasr…

Massive Outreach by Inland Waterways Authority of India along Ganga

Jul 19, 2018

The Inland Waterways Authority of India (IWAI)  has set out on a massive public outreach initiative along river Ganga on National Waterway-1 to help push rural economy to connect with waterways.As part of a month long dialogue series extending from Varanasi to Haldia…

Great Lakes Shipping Supports 237,000 Plus Jobs

Jul 19, 2018

The new study by the Department of Transportation Great Lakes - Saint Lawrence Seaway says that shipping  supports more than 237,000 jobs and billions in economic activity.A year-long study of the economic impacts of the entire Great Lakes-St…

India Rolls-out SOPs for Cruise and Ferry Services

Jul 19, 2018

The Government of India has formulated new guidelines in the form of Standard Operating Procedures (SOPs) to handle cruise vessels and cruise passengers in November, 2017.The salient features of these SOPs inter alia includes submission of documents/data electronically…

IMO Supports Spill Preparedness in Northwest Pacific

Jul 19, 2018

International Maritime Organization (IMO) is supporting regional cooperation on oil and hazardous and noxious substances (HNS) spills in the Northwest Pacific region.IMO’s Roel Hoenders is taking part in meetings of the Marine Environmental…

North Carolina Ports Hires Chief Information Officer

Jul 19, 2018

North Carolina Ports announced it has hired Bill Corcoran as Chief Information Officer to grow the Authority’s Information Technology department and Business Process area.Corcoran enters his new role as CIO with nearly 30 years of experience in both the IT and maritime industries…

New Rule Creates Flexibilities for NVOCC Agreements

Jul 19, 2018

A Final Rule published today by the U.S. Federal Maritime Commission (FMC) offering deregulatory flexibilities for non-vessel-operating common carrier (NVOCC) negotiated rate arrangements (NRAs) and NVOCC service arrangements (NSAs) will go into force on August 22…

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