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Jinhui Shipping Sees Bumpy Road to Recovery

May 22, 2017

Oslo-listed dry bulker Jinhui Shipping sees a bumpy road ahead despite signs of a recovery in the dry bulk market. The road to recovery will be challenging and the market will remain volatile, vice president Raymond Ching told the Q1 conference call on Monday…

Turkey to Ramp up Corn Imports

May 22, 2017

Turkey's state grain agency TMO is expected to buy up to 320,000 tonnes of animal feed corn in the coming months after the Turkish government approved a large import programme, traders said on Monday. Turkey's state grains board TMO has been granted the right to import 500…

QOS Energy sets up Indian Office

May 22, 2017

QOS Energy, a renewable O&M analytics software provider, opened a new office in India to better serve the booming Indian market. “QOS Energy provides turnkey O&M analytics services to unleash the value of data from thousands of renewable energy plants across the world…

Videotel Debuts Mobile Platform for eLearning

May 22, 2017

Videotel, a KVH company, launched a new eLearning content delivery platform that is designed to allow users to view its range of maritime training programs on a wide variety of devices, including tablets and mobile phones. According to the company…

Commodity Traders, Banks Face Hard Realities with Blockchain

May 22, 2017

Alistair Cross was flying high after showing in a pilot project how blockchain - the technology first developed for the crypto-currency bitcoin - could transform the old-fashioned and secretive world of commodity trading. But since the pilot ran early this year…

WSS: Digital Solution Focus @ Norshipping

May 22, 2017

Wilhelmsen Ships Service (WSS) are bringing the maritime digital solutions of the future to life at Nor-Shipping. Unveiling their augmented reality (AR) project at the world’s biggest maritime show, this immersive, interactive tool enables visitors…

Coal: Adani defers Australian Investment Decision

May 22, 2017

India's Adani Enterprises on Monday deferred a final investment decision on its long-delayed Australian Carmichael coal project as the Queensland state government has yet to sign off on a royalty deal for the mine. The company had been planning…

COSCO Singapore Wins FSRU Deal

May 21, 2017

Cosco (Qidong) Shipyard Co, a subsidiary of Cosco Corp's 51 per cent subsidiary Cosco Shipyard Group Co, has entered into an agreement with a European buyer for the construction of the floating storage regasification unit (FSRU) module. Cosco Corp did not identify the European buyer…

Gulf Navigation Sails to Profit

May 21, 2017

Dubai-based shipping company Gulf Navigation Holding  has reported a 39% growth in net profit at the end of the first quarter of 2017 compared to the same period in 2016.  The result came at a stage while the company is witnessing a significant improvement in its performance…

Navy Christens USNS City of Bismarck

May 21, 2017

Austal celebrated the christening of Expeditionary Fast Transport ship USNS City of Bismarck (EPF 9) with a ceremony at its state-of-the-art shipyard on May 13.  City of Bismarck is the ninth of 12 Expeditionary Fast Transport vessels (EPF) that Austal has under contract with the U…

Columbia Shipmanagement Receives DNV GL Certification

May 19, 2017

DNV GL has confirmed that Columbia Shipmanagement complies with the highest standards in energy and safety management. Torsten Schramm, President at DNV GL – Maritime, recently presented the ISO certification for the standards ISO 50001:2011 and OHSAS 18001:2007 to Carsten Sommerhage…

MOL Rolls Out Refined PBCF

May 19, 2017

Mitsui O.S.K. Lines has announced that its group company MOL Techno-Trade will start selling an upgraded version of its energy-saving Propeller Boss Cap Fins (PBCF). MOL Techno-Trade has sold more than 3,100 PBCFs to ship owners all over the world…

UK Chamber of Shipping Lobbies for SMarT Plus

May 19, 2017

The UK Chamber of Shipping has contacted over 800 parliamentary candidates from around the country, asking them to back its campaign for enhanced support for maritime training. The proposal, called SMarT Plus, would see a doubling in government support to GBP 30 million a year…

Diana Shipping Adds m/v Astarte

May 19, 2017

Diana Shipping, a company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Astarte (formerly “Seatrust”). Astarte  is a 2013 built Kamsarmax dry bulk vessel of 81…

Idwal Marine Secures Ten Year Contract for Flag Services

May 19, 2017

Idwal Marine announced the signing of a new contract after tender process with the Isle of Man Ship Registry, for the provision of maritime support services, which has been inked for a 10 year term. The Ship registry has developed a new…

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