The major ports in India have recorded a growth of 3.27% during the period April to September, 2017 and together handled 383 Million Tonnes of cargo as against 371 Million Tonnes handled during the corresponding period of previous year. The Eight Ports i…
Speedcast International, provider of reliable, fully managed, remote communication and IT solutions, today announced a strategic alliance with SRH Marine. The strategic agreement redefines the management of navigation and communications across…
Shanghai Zhenhua Heavy Industries Company has built the largest heavy lifting vessel in the world which can carry up to 12,000 tons. The vessel, which took eight years to design and build, was awarded a special prize at the 19th China International Industry Fair in Shanghai…
One of the world’s biggest shipping companies, China COSCO Shipping Group, has placed an order for 10 large ore carriers from China State Shipbuilding Corporation. COSCO specified the order to include the cylinder lubrication system ‘HJ Lubtronic SIP’ from Hans Jensen Lubricators A/S…
Attollo Offshore, an offshore marine operator, has announced it has joined London Stock Exchange Group’s (LSEG) international business support and capital raising ecosystem, for high growth companies, ELITE. The Aberdeen-based company…
Rotterdam-baed towage and marine services company Smit Lamnalco ordered four Damen ASD 3212 tugs.Two of the new Damen ASD 3212 tugs will head for the mining town of Weipa in Queensland, Australia in the third quarter of 2018, where they will be deployed on a Rio Tinto project…
TOTE Inc., courtesy of being the first in the world to order containerships powered by LNG, have been leaders in the push to design and build tonnage ahead of the emissions regulation curve. The company again makes headline with the announcement…
According to an announcement from the International Transport Workers’ Federation, an Indonesian worker who was killed on the job at the International Container Terminal Services Inc (ICTSI) facility in Jakarta overnight.According to the ITWF report…
South Korean yard giant Daewoo Shipbuilding and Marine Engineering (DSME) ended the third quarter of this year with a profit of KRW 45.7 billion (USD 41 million), compared to a net loss of KRW 284 billion posted a year earlier, Yonhap said…
The Ministry of Commerce (MOFCOM) in China approved Danish shipping giant Maersk Line’s proposed acquisition of Hamburg Süd, reported Reuters. Maersk Line, the world’s biggest container shipping company, will pay 3.7 billion euros ($4.3 billion) to buy German rival Hamburg Sud…
Mitsui O.S.K. Lines (MOL) announced plans to work with Asahi Kasei Engineering Corporation (AEC) on a project to verify predictive detection of abnormalities in marine rotary machineries using vibrating sensors. The research will focus…
The European Sea Ports Organisation (ESPO) congratulated the Port Boulogne Calais for achieving the Port Environmental Review System (PERS) certification, the only port sector specific environmental management standard provided by the EcoPorts Network…
Mitsui O.S.K. Lines (MOL) announced that it teamed up with Fujitsu Laboratories Ltd., and Tokyo University of Marine Science and Technology to verify the accuracy of technology to estimate vessel performance at sea by applying Fujitsu's artificial intelligence (AI) technology…
According to a Reuters report, U.S. Commerce Secretary Wilbur Ross has divested his interests in oil tanker company Diamond S Shipping and is in the process of selling off his holdings in another shipping firm, Navigator Holdings, a Trump administration official said earlier this week…
A group of leading ports from around the globe wrapped up a two-day meeting in Los Angeles this week as part of a maritime collaboration called chainPORT, a global initiative established in 2015 to digitally connect ports worldwide and boost efficiency within the global maritime supply chain…