Following Australia's move to ban the containership MSC Kia Ora for unpaid crew wages, MSC Mediterranean Shipping Company said in a statement that it does not oversee the maintenance, or the workforce, of the chartered banned vessel, Kia Ora…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services, Geneva, for one of its Capesize dry bulk vessels…
Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, the International Union of Marine Insurance (IUMI) gives expert opinion on the current state of the hull, cargo and offshore energy insurance markets at its Spring Conference in Hamburg…
St. Louis Regional Freightway, Port of Plaquemines and St. Louis Regional Ports Sign Agreement to Foster Economic Growth on the Mississippi River. The pact will help support development of a new transportation link for cargo to move along the Mississippi River…
The U.S. Coast Guard announced Tuesday Command Master Chief Jason M. Vanderhaden has been selected as the 13th Master Chief Petty Officer of the Coast Guard. The Master Chief Petty Officer of the Coast Guard is the service's most senior enlisted…
Maritime engineering company Intermarine UK is ramping up operations at its new 2,400sqm fabrication and welding facility at Portland Port in Dorset, U.K. after taking delivery of £450,000 of new machinery. Inter Marine Group President…
The International Maritime Organization (IMO) has introduced a mandatory Data Collection System (DCS) for international shipping, which requires ships above 5,000 gross tonnage to start collecting and reporting fuel consumption and CO2 data to an IMO database from 2019…
Djibouti is in talks with French shipping company CMA CGM to develop a new container terminal at an initial cost of $660 million as part of the tiny African country's bid to expand into a sea and air transport hub for the continent. Aboubakar Omar Hadi…
Liberian-flagged containership MSC Kia Ora has been banned from Australian ports for three months after the operator failed to ensure crew were paid their wages in full and on time, and that critical equipment was maintained. The ban was issued by the Australian Maritime Safety Authority (AMSA)…
Stolt-Nielsen Limited announced Jens F. Grüner-Hegge has been appointed as its new Chief Financial Officer, effective from April 2, 2018. Grüner-Hegge, who has served as Vice President, Corporate Finance since 2007, succeeds longtime CFO Jan Chr…
A customized Damen Cutter Suction Dredger, type CSD500, has been named by her owner Basra Gateway terminal at the Damen Dredging yard in the Netherlands. Immediately after the ceremony, the dredger was made ready for transport and towed to Rotterdam…
Agricultural exports shipped from here have increased 42.7 percent in volume since 2013, the Port of Oakland said today. Port officials said that the vigorous growth reflects continued strong overseas demand for U.S. farm goods. They added that…
South Korea’s leading sea carrier Hyundai Merchant Marine Co. (HMM) has signed a financial contract with Korea Shipping and Maritime Transportation to build five 300,000-ton very large crude carriers (VLCCs), said a report in Business Korea…
Hong Kong-based port operator COSCO Shipping Ports said that it 2017 profits have more than doubled from a year earlier, partly due to a one-off disposal gain and higher operating profits. The subsidiary and listed company of China COSCO…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that its consolidated revenues of 2017 totaled NTD 131.08 billion (USD 4.4 billion), up 13.59% compared with NTD 115.4 billion (USD 3.88 billion) in revenue from previous year…