Indian Register of Shipping (IRClass) strengthened its growing relationship with the defence sector by actively participating in the Maritime Exhibition (MAREX) during the high profile International Fleet Review 2016, organised by the Indian Navy at Visakhapatnam…
True to its annual tradition the port of Antwerp is organizing a trade mission to India in February this year. Port Authority chairman Marc Van Peel will be accompanied on his visit to Delhi and Mumbai by Pieter De Crem, the Belgian secretary of state for Foreign Trade…
Kongsberg Maritime has completed the delivery and installation of a suite of new bridge simulators for Indonesia’s Ministry of Transportation. The new simulators at the Ministry of Transportation’s Maritime Training Centre, located at its headquarters in Jakarta…
Japan has urged Australia to award a contract to build its new $50-billion submarine fleet, reports SMH. Japan, which is offering a variant of its 4,000 ton Soryu submarine, is competing against rival bids from Germany and France for the contract…
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that two of its drilling contracts have been terminated. The Nasdaq-listed drilling affiliate of DryShips said that Total E&P Congo has terminated…
The strain of low oil prices on the offshore and marine sector was in full display as the world’s second-largest builder of oil rigs Sembcorp Marine Ltd posted its first quarterly loss in at least 12 years. The company took impairment…
1983-built chemical tanker Nusantara Akbar (built 1983) went down off Dumai in Indonesian waters of the Malacca Strait on Saturday after taking on water. The 107-meter-long vessel, which reportedly suffered a leak in its engine room, started taking on water and subsequently sank…
London-based architect Jonathan Schwinge designed the pyramid-shaped yacht called the Tetrahedron Super Yacht. Billed as aviation on the sea, the radical concept from a London-based architect flips traditional yacht design on its head with a complete rethink…
The first Malta Maritime Summit, an opportunity for international and Maltese stakeholders to raise and discuss common interests, will be held on 3-6 October, ahead of the start of Malta’s presidency of the European Council in January 2017…
DP World’s British container terminals are to offer container weighing services for UK exporters to determine the Verified Gross Mass (VGM) of each container ahead of new legislation coming into effect from the July 1, 2016. Both DP World…
Transnet National Ports Authority (TNPA) introduced a new port security system valued at more than $53 million to safeguard customer cargo, port users, as well as Transnet’s own port assets, staff and contractors. Richard Vallihu, Chief Executive at TNPA…
Nakilat-Keppel Offshore & Marine (N-KOM) reports that it has delivered its first liftboat unit, Al Safliya, to Qatari rig operator Gulf Drilling International (GDI). Al Safliya is the first liftboat to be wholly constructed in Qatar at the…
Dubai-headquartered tanker owner Gulf Navigation's (GulfNav) annual profit doubled in 2015, thanks to improving tanker rates and rising revenues from its shipping services unit, even as concerns remain over its liabilities and debt obligations…
The NGO Shipbreaking Platform and Transport and Environment (T&E) have criticized Maersk Group’s decision to beach their end-of-life vessels in Alang, India. But, Four of the 167 ship recycling yards have won compliance status with a global…
As 2,500 ships currently under management by Cyprus-based companies could be registered in the Cypriot registry, a settlement of the Cyprus problem could boost the island`s commercial fleet to new levels, reports CNA. The Cypriot registry…