With an aim to boost shipbuilding in the country and attract investment in its maritime industry, the Government of Panama has presented a new bill dedicated to the development of the mentioned industries, says the Panama Maritime Authority (AMP)…
The total port cargo throughput of Hong Kong has seen a sharp decrease of 13.8% in 2015, amounting to 256.6 million tonnes, according to the Hong Kong Census and Statistics Department. It is the biggest year-on-year drop in the past 10 years…
As Belgium became the 48th signatory party this week, the Ballast Water Management Convention has now almost gained sufficient ratification to come into force, and will do so in 2017, reports UK Chamber of Shipping.The remaining 0.18% tonnage…
China plans to set up an 'international maritime judicial centre' to help protect the country's sovereignty and rights at sea, its top judge said on Sunday.Giving a work report at the annual meeting of China's largely rubber-stamp parliament…
USNS Spearhead (T-EPF 1) and an embarked multinational law enforcement team, working with Cameroon Navy Ships Ntem (108) and Sanaga (109), conducted the first ever at-sea customs and fisheries boardings supported by Cameroon Navy. The Cameroon…
The five international financial institutions partially financing the Panama Canal Expansion Program traveled to Panama earlier this week to see the 96.6 percent progress made thus far.During their three-day visit to the Canal, representatives were guided through the Agua Clara and Cocoli locks…
The U.S.Coast Guard reports that it and local partner agency crews are searching for two people in the water after a tugboat struck a barge and sank near the Tappan Zee Bridge Saturday (March 12) morning. Watchstanders at Coast Guard Sector New York received notification at 5:20 a…
Scientists are better able to measure how climate change may cause extreme weather such as droughts, heat waves and heavy rain, but research does not clearly tie wildfires, tornadoes and hurricanes to global warming, the top U.S. scientific organization said on Friday…
Peel Ports has been recognised for its commitment to environmental stewardship in the delivery of its Manchester Ship Canal project by the prestigious and historic Carmen Awards. The awards, which honour exceptional achievement in industry and individual enterprise…
Four Williams-Mystic Maritime Studies Program students have been awarded scholarships by Crowley Maritime Corporation. Claire Fahrner, Vitya Romanov, Rachel Earnhardt and Jessica Menges were each chosen as a result of their academic excellence…
Sustainability features strongly in The Nautical Institute’s latest Strategic Plan, which has just been published and will run to 2020. It incorporates the views of 1,400 members who responded to a call to help guide the Institute’s work.Captain Robert McCabe FNI…
Global Ports Investments PLC's container traffic slumped 31 percent and revenue sank 28 percent in 2015. Global Ports Investments' revenues fell to USD405.7 million in the year to the end of December. Net loss of the port operator in 2015 amounted to $33…
Hapag-Lloyd would become a member of the SDAX index of the Deutsche Börse, with its first day of trading on March 21, announced Deutsche Börse. The SDAX is a German Blue Chip Equity Index and contains 50 companies listed in the Prime Segment…
North Korea has lost contact with one of its submarines off the east coast of the country, CNN reports citing US officials. The U.S. is unsure whether the missing vessel is adrift at sea or has sunk, officials said. US spy satellites…
US-headquartered ship owner Genco Shipping & Trading Limited suffered a massive loss for 2015 just like the rest of the industry. However, the result represents a big improvement from the losses in 2014. Dry bulk carrier has managed to decrease its net loss to USD 49…