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DP World Trains Next Generation

May 10, 2016

Global trade enabler DP World is to launch an international education programme, focusing on trade and logistics to help ensure the future growth of the sector and knowledge of its vital role in providing employment and developing national economies…

Record Coal Handling by Mundra Port

May 10, 2016

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and operator, today accomplished a discharge record of 1,64,914 metric tons of steam coal from vessel MV Marijeannie within 24 hours. MV Marijeannie carrying 1…

IRClass Unveils IR-HULL Software

May 10, 2016

New software evaluates strength and scantling compliance for sea-going steel shipsIRClass, the Indian classification society, today announced the release of its new technical software, IR-HULL.IR-HULL was developed by IRClass specifically…

Austal Christens Manchester (LCS 14)

May 10, 2016

Austal officials joined ship sponsor U.S. Senator Jeanne Shaheen and many distinguished guests in celebrating the christening of the nation’s 14th littoral combat ship (LCS), the future USS Manchester, here Saturday, May 7, 2016.Manchester (LCS 14) is the fifth LCS in Austal’s 11-ship…

IUMI Welcomes Revised York-Antwerp Rules

May 10, 2016

In general, the International Union of Marine Insurance (IUMI) welcomes the revised York-Antwerp Rules (YAR 2016) which were adopted by the Comité Maritime International (CMI) at its conference in New York last week.The York-Antwerp Rules…

S. Korea to Host Six-Nation Submarine Rescue Exercise this Month

May 10, 2016

South Korea will host a six-nation submarine exercise in its southern seas later in the month, Yonhap quoted the Navy as saying. The Pacific Reach 2016, involving the United States, Japan, Australia, Singapore, Malaysia and South Korea…

Carnival Cruise Ship Crashes in Baltimore

May 10, 2016

Carnival cruise ship Carnival Pride crashed on Sunday as it was docking in Baltimore, officials said. No one was injured when the cruise ship  struck a raised passenger walkway as it was returning to Maryland from an eight-day trip to the Bahamas…

Taiwan Launches its Highest-Capacity Container Ships

May 10, 2016

State-backed shipbuilder CSBC Corporation, Taiwan has launched two domestically developed and constructed vessels in the southern Taiwan port city of Kaohsiung, reports Taiwan Today. YM Window and YM Width are 368 meters long, 51 meters wide and can carry 14…

Maersk CEO: Negative Rates Hurting Shipping

May 10, 2016

Negative interest rates are hurting  shipping industry by delaying the consolidation wave so badly needed, Bloomberg reports quoting Nils Smedegaard Andersen, chief executive officer of AP Moeller-Maersk. He said that the monetary policy…

Shipping Sector Emissions: LNG, Methanol Lead the Pack

May 10, 2016

A recent JRC report finds that fuels like liquefied natural gas (LNG) and methanol are the most promising alternatives to drive decarbonisation of the shipping sector and ultimately contribute to the fight against climate change.  Market…

Iranian Maritime Knowledge Hub to Open

May 09, 2016

The Iranian Maritime Industry Knowledge Hub will be soon opened up and ready to use by public in the area of shipping and offshore industry. Reza Mohammad Alibeike, member of The Institute of Marine Engineering, Science and Technology (IMarEST)…

AWO Holds Spring Convention

May 09, 2016

AWO members converge on Washington D.C. for another record-setting barge-in; new leadership elected The American Waterways Operators’ (AWO) 2016 Spring Convention attracted more than 200 members to Washington, D.C. April 19-21, including 36 first-time attendees…

Odfjell Reports Strongest Quarterly EBITDA Since 2008

May 09, 2016

Odfjell reported a net result for the first quarter 2016 of $24 millions, with improved EBITDA of $69 million, compared to $45 million last quarter. The company said it has seen a significant reduction in voyage expenses compared to previous quarters mainly due to expiry of bunker hedges…

Abu Dhabi Ports Organizes NAWRUS Open Day

May 09, 2016

NAWRUS program offers technical training and jobs for young Emiratis  Abu Dhabi Ports, the developer, operator and manager of ports and Khalifa Industrial Zone (Kizad) in the Emirate, recently organized an open day to recruit young Emiratis…

SHIPPINGInsight Agenda, Keynote Speakers Announced

May 09, 2016

SHIPPINGInsight announced the agenda and identified keynote speakers for the fifth Fleet Optimization Conference & Exhibition. The annual event will take place October 18-19, 2016, at the Stamford Marriott Hotel and Spa in Stamford, Conn. Capt…

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