Latest News - page 1443


MOL Launches Additional Indian Run

Jan 18, 2016

Mitsui O.S.K. Lines (MOL) announced launch of the new China/West Coast India service (CIS).This new service is in addition to MOL’s existing Nhava Sheva Karachi Express (NKX) service which together will enhance coverage between ports in India and China…

Pilot Transfer Arrangements - AMSA

Jan 18, 2016

The IMO Convention for Safety of Life at Sea (SOLAS Chapter V, Regulation 23) sets out the principal requirements for the rigging of pilot ladders.  There is further detailed technical specification for pilot ladder in IMO Resolution A.1045 (27)…

Navig8 Product Tankers Expands Fleet

Jan 18, 2016

Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, has taken delivery of one LR1 74,000 DWT product tanker, the Navig8 Expedite, from STX Offshore & Shipbuilding Co, Ltd.  The…

U.S. LNG Seen Destined for Europe

Jan 18, 2016

According to Wood Mackenzie Ltd, Europe is set to be the key destination for liquefied natural gas supplies from the U.S. after prices fell in Asia, the world’s biggest consumer of the fuel says a report in Bloomberg. The U.S. is forecast to ship about 55 percent of its total LNG production…

IMO Confirms No-Go Yet for BWM Convention

Jan 18, 2016

Criteria for entry into force of BWM Convention not yet reached – further ratifications needed. Insufficient tonnage to trigger entry into force despite recent ratifications, says International Maritime Organization (IMO). Following the…

What is the Scrapping Potential of the Crude Fleet?

Jan 18, 2016

Tanker owners are currently doing fairly well, certainly compared to their colleagues in the dry bulk market, says a reserach report from Poten & Partners. However, history shows that such markets do not last forever and when the downturn comes…

Port of Rotterdam Sets Record Throughput in 2015

Jan 18, 2016

The Port of Rotterdam reported record volumes 466.4m tonnes in 2015 boosted by increased oil trade. Goods throughput in Rotterdam increased by a total 4.9%. “Low oil prices result in high margins for the refineries, so they have large quantities of oil shipped in for refining…

Algoma Signs JV with Nova Marine for Global Cement Carrier Fleet

Jan 18, 2016

Canada-based Algoma Central Corporation has signed a joint venture (JV) agreement with Nova Marine Holding of Luxembourg to establish a fleet of cement carriers to supply infrastructure projects across the globe. Algoma will own 50% of the joint venture…

Chief of Naval Research Helps Steer New Tech for the Fleet

Jan 17, 2016

When discussing the Navy’s top science and technology (S&T) priorities with military, government and industry leaders, Chief of Naval Research Rear Adm. Mat Winter reflected on his college days at the University of Notre Dame.“When I graduated from Notre Dame 30 years ago…

TUI Cruises Launches Mein Schiff 5

Jan 17, 2016

Six months to the day ahead of the naming ceremony, Mein Schiff 5 was launched today at the Meyer Turku Oy shipyard. Following a construction period of 14 months, Ferdinand Strohmeier, Vice-President Operations TUI Cruises, was on hand for the so-called “floating” celebrations…

Johnson Elected Group President, Caterpillar

Jan 17, 2016

Caterpillar Inc. announced today that the company’s Board of Directors has elected Denise Johnson, currently vice president with responsibility for the Material Handling & Underground Division, as group president of Resources Industries.…

BWM Convention - Further Ratifications Needed

Jan 17, 2016

Following the spate of ratifications in November 2015 of the Ballast Water Management (BWM) Convention, IMO and partner IHS Maritime & Trade have been engaged in a process to verify tonnage figures to ascertain whether or not the convention’s final entry-into-force requirement has been met…

Medeiros Elected Member of UNCLOS Tribunal

Jan 16, 2016

Mr Antonio Cachapuz de Medeiros was elected today at a Special Meeting of States Parties to the United Nations Convention on the Law of the Sea in New York.The meeting was held to fill the vacancy created by the resignation of Judge Vicente Marotta Range (Brazil) on 18 May 2015…

Initiatives to Drive Sexual Assaults to Zero - USN

Jan 16, 2016

A line of effort in the recently released 'Design to Maintain Maritime Superiority' is to strengthen our Navy team which is composed of active and reserve Sailors, Navy civilians, and families. On Jan 14 Chief of Naval Operations Admiral…

Ice Restrictions Enforced in Sweden

Jan 16, 2016

The Swedish Maritime Organisation has advised the following ice restrictions in force with effect from 18 January 2016:Karlsborg – LuleåMinimum ice class IB and 2000 dwtHaraholmen – Örnsköldsvik och ÅngermanälvenMinimum ice class IC and 2000 dwtMälaren…

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