Coal will remain India's main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the world's…
Dredging firms look ahead to more business, here and across the big pond. Along the way, Mother Nature and good business planning will both help. In the waning days of 2016, the outlook brightened dramatically for the big U.S. dredging contractors…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell 2 percent on Monday as lower demand for iron ore fixtures hit capesize rates.The overall index, which factors in rates for capesize…
The afternoon before they received their SUNY Maritime degrees, 17 students received their commissions into the U.S. Navy.Of the 17, two were commissioned as surface warfare officers and, upon graduation, will report to USS Shiloh forward deployed and homeported in Yokosuka…
Saudi Arabia has become the latest State to become a Party to the International Maritime Organization (IMO) Ballast Water Management (BWM) Convention. The treaty will enter into force on September 8, 2017 and aims to counter the threat to…
Qatar-based maritime transport and logistics conglomerate Milaha said it has launched a door-to-door shipping service between Qatar and UAE, and vice versa. Mainly targeting SMEs in the automotive spare parts, fashion retail, and the Fast-Moving Consumer Goods (FMCG) sectors…
Peace Boat will showcase its plans for Ecoship, a unique concept cruise vessel, at Nor-Shipping 2017. The Japanese-based organization, which works to promote peace, human rights, sustainable development and respect for the environment, will…
Energy storage solution company Leclanché SA has launched its new Marine Rack System (MRS), a modular, Lithium-ion battery system – the first of its type approved by international certification body DNV-GL under revised rules issued in October…
Safety and Survival Systems International Ltd (3Si) has announced the appointment of new CEO, Andrew Richards. Richards joins the group, whose companies include Ocean Safety, Typhoon International, International Safety Products, 3Si Offshore and Revere Survival…
ClassNK’s subsidiary ClassNK Consulting Service (NKCS) has officially launched its Bunker Fuel Oil Analysis Service. The service will provide an oil analysis report for the properties of bunker fuel oil based on the ISO8217 Standard with advice such as oil heating and purification…
Governor Nathan Deal, Port of Savannah officials and the maritime community were on hand to welcome the COSCO Development, the largest containership to ever call on the U.S. East Coast as it handled 5,500 containers, a record for Georgia’s ports…
Korea's battered Daewoo Shipbuilding & Marine Engineering (DSME) is all set to receive a new bailout package worth $6 billion, after court rejected appeal from a group of individual investors. According to Pulse news, government-led bailout…
In the medium term, demand for container shipping services should continue to rise in tandem with expected ongoing growth in global trading volume, says Hapag-Lloyd. As a result, the container shipping industry’s medium-term growth prospects remain intact…
The outlook for the 2017 financial year is based on the Hapag-Lloyd Group’s existing business activities as at 31 December 2016 and therefore does not include UASC’s business activities or the acquisition of UASC in 2016. A statement from…
Government of India-controlled Cochin Shipyard Ltd is constructing four passenger-cum – cargo vessels for Andaman & Nicobar Administration under the ‘Make in India’ initiative of Government of India. As per orders placed by the A&N Administration…