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China Prepares to Counter Any US Trade Penalties

Mar 20, 2017

China's government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations. The…

Double-digit Cargo Growth at Georgia Ports

Mar 20, 2017

The Georgia Ports Authority saw its busiest February ever for total cargo, moving 2.94 million tons across all docks last month - a 10 percent increase over February 2016, and second only to January's 3.01 million tons. Container tonnage was a leading factor in the growth…

Prince Rupert Port to Boost Agricultural Exports

Mar 20, 2017

The Port of Prince Rupert announced an expansion project for containerized cargo on Ridley Island that will help crops from the Canadian agricultural industry reach international markets while expanding intermodal logistics capacities at the Port of Prince Rupert…

MSRC Delivers PPU Presentation to Mexican Pilots

Mar 20, 2017

The Maritime Simulation Resource Centre (MSRC), a pilot simulation training and port feasibility studies facility, recently gave a presentation on Portable Pilot Units (PPUs) to the directors of all the Mexican Pilots Associations. The day-long workshop was given at the request of Captain ALT…

Shell Marine Secures IMPA ACT Accreditation

Mar 20, 2017

Shell Marine said it has become the first company involved in the development, supply and support of marine lubricants to receive accreditation under the International Marine Purchasing Association’s IMPA ACT Sustainable Maritime Suppliers scheme…

Hapag-Lloyd, Inmarsat Ink Fleet Xpress Deal

Mar 20, 2017

Global mobile satellite communications services provider Inmarsat has signed a five-year contract with Hapag-Lloyd to migrate all ships directly managed by the shipping line to services enabled for Fleet Xpress. Hapag-Lloyd, the sixth largest…

Russia Could Double Gasoline Exports After Capacity Boost

Mar 20, 2017

Russia could double gasoline exports in coming years due to a leap in its refining capacity and a falloff in domestic demand, which could worsen a fuel overhang in Europe, according to experts and Reuters calculations.Russian gasoline exports jumped by more than 15 percent last year to 3…

Expanded Panama Canal Welcomes 1000th Neopanamax Vessel

Mar 20, 2017

Less than nine months after the historic inauguration of the Expanded Canal, the Panama Canal has announced that it has welcomed its 1,000th Neopanamax vessel through the waterway, highlighting the importance of the route and customers’ continued faith in the safe…

Ezra Holdings Files for Bankruptcy in US

Mar 19, 2017

Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy industry, Reuters reported. Ezra  has been facing hostile actions from creditors at home and abroad…

India to be Global Hotspot for Cruise Shipping

Mar 19, 2017

The government of India is working on a policy to make India a global destination for cruise shipping and efforts are on to identify such circuits, besides a slew of steps, to boost infrastructure, Shipping Minister Nitin Gadkari has said. According to a report by Press Trust of India…

Dubai Mulls Maritime Clusters

Mar 19, 2017

The Dubai Maritime City Authority (DMCA) recently brought together the high-level representatives of key Dubai maritime associations at its headquarters to engage industry leaders in insightful discussions according to the Dubai Maritime Sector…

Mazagon Docks to Make 3 more Scorpene-Class Subs

Mar 19, 2017

Mazagon Dock Shipbuilders Limited has approached the Indian Navy with a repeat order for three Scorpene-class submarines, reports The Hindu Businessline. The leading shipyard of the country has  French shipbuilder DCNS as its technology partner for the Scorpene submarines…

GE Shipping Buys New Vessel

Mar 18, 2017

The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Supramax Dry Bulk Carrier of about 52,450 dwt.  The 2006 built vessel is expected to join the Company’s fleet in Q1 FY18. The Company’s current fleet stands at 43 vessels…

BAE Systems to Modernize Cruiser USS Vicksburg

Mar 18, 2017

BAE Systems will perform ship alternations and miscellaneous repairs aboard the 567-foot-long USS Vicksburg (CG 69) under a $42.9 million U.S. Navy contract. The value of the competitively awarded contract could reach $45.9 million if all options are exercised…

India Upgrades Standards of Major Ports

Mar 17, 2017

Significant improvement in efficiency has been achieved by India's Major Ports in the last two years, said the Minister of State for Shipping Pon. Radhakrishnan. With a view to improve further the efficiency and productivity of the major ports and make it comparable internationally…

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