The new 8.5 km long and 18.5 meter-deep channel allows 24-hour access of ULCS through to the Suez Canal Container Terminal; The terminal is also expanding in response to Egypt’s growing population and economy, and role as a global transportation hub…
Members of the Singapore Shipping Association (SSA) have read with interest the recent announcement by the Singapore Exchange Ltd (SGX) in its bid to acquire the Baltic Exchange. Mr Esben Poulsson, President of SSA said: “We understand that for some time…
The Chief of the Defence Force Parade took on added significance today as the Australian Defence Force Academy (ADFA) marked 30 years since the first trainee officers marched in. Traditionally, the first parade of the year acknowledges the…
THE International Federation of Freight Forwarders' Associations (FIATA) has called for enhanced communication from container shipping lines ahead of the deadline by which new IMO regulations requiring verification of a freight container’s gross mass become mandatory…
India's troubled shipping sector has been passing through tumultuous waters in recent years with over 40 per cent of the country’s fleet older than 20 years and about 12 per cent of them being 12-15 years old, says the Economic Survey 2015-16…
Team Tankers International (TTI) completed the acquisition of the ‘Sichem Amethyst’ and ‘Sichem Contester’, previously on timecharter in the Q4 2015. In addition, two of the company's older and smaller ships were sold. To continue to build up its European regional stainless steel fleet…
Awareness of the ways of calculating loss of earnings claims can be useful in both presenting and challenging this type of claim. This Gard Insight looks at some general principles and methods applied by the courts. A product tanker was hit by a bulker while at berth…
Every year around this time, the International Energy Agency (IEA) publishes their Medium Term Oil Market Report. The report includes the customary oil supply and demand forecasts and refinery dynamics. 'Most interesting for us in the…
CMA CGM introduced its new PEX 3 service rotation linking US Gulf Coast and US East Coast (South Atlantic) to Asia, Africa and Mediterranean. Effective March 9th, 2016 in Houston with m/v CMA CGM CHATEAU D’IF voy. 062PGW, the new rotation…
The U.S. investigation into the deadly sinking of the El Faro cargo ship during a hurricane last fall shifted direction on Friday, as the Coast Guard wrapped up its initial public hearings on the accident that killed all 33 people onboard. The…
Coast Guard Foundation’s March 4 event to recognize heroism and mission excellence The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of Coast Guard members and their families, announced today the…
Major global independent common carrier, X-Press Feeders and Bibby Ship Management have put training at the forefront of their investment into the next generation of highly trained and capable crew, by enrolling a group of young aspiring seafarers…
CWind, a provider of services to the offshore wind industry, has appointment of Henrik Hansen to the new role of Strategy & Sales Director with immediate effect. In this new role, Hansen will work with the executive team to lead business growth and expansion in 2016 and beyond…
Major global independent common carrier, X-Press Feeders and Bibby Ship Management have put training at the forefront of their investment into the next generation of highly trained and capable crew, by enrolling a group of young aspiring seafarers…
The Coast Guard declared Carteret County an official Coast Guard Community Thursday during a ceremony at Crystal Coast Civic Center in Morehead City.Rear Adm. Stephen Metruck, 5th District commander, presented Robin Comer, Carteret County Commissioner…