Schmidt Ocean Institute’s research vessel Falkor returns from the first ever expedition to systematically characterize the rarely explored Mariana Back-Arc.HAGANTA, GUAM – A diverse team of scientists are returning from a 28-day expedition…
The Company responds to news that CEO Bruno Chabas and member of the Supervisory Board Sietze Hepkema appear on a list of (former) Petrobras executives, former sales agents and (former) SBM Offshore executives who may be prosecuted in Brazil in relation to a corruption scandal…
The port of Antwerp is on course to handle more than 200 million tonnes of freight this year for the first time ever. And in container transhipment too a new record has been set, with more than 9 million TEU (twenty-foot equivalent units…
Military veterans will soon have another outlet to channel and share their experiences, on a restored wooden yacht in California, thanks in part to GAC worldwide.The GAC Group’s five regions have donated to support the Wooden Boats For…
Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, says Castrol Marine Trade Barometer…
Marine petroleum transportation specialist Latvian Shipping Company (LSC) hopes to raise EUR 80 million via an initial public offering (IPO) on the Riga Stock Exchange in the first half of 2016. The Supervisory Council of LSC has supported…
A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreement between shippers, charterers and carriers. Under Article III Rule 3 of the Hague/Hague Visby Rules after receiving the cargo…
On 13 December 2015, there was a fire and explosion at the STEMA grain terminal in Matola, part of the Maputo port complex in Mozambique. Police authorities in Mozambique have said the death toll from the fire has risen to 15. As a result of the fire…
MSC Cruises, the Geneva-based global cruise line, has unveiled ambitious plans to create an unprecedented exclusive marine reserve island experience in the Bahamas. As one of the most ecologically conscious cruise lines in the world, the…
The largest container ship to visit the U.S. West Coast is scheduled to arrive at the Port of Los Angeles on December 26. The CMA CGM Benjamin Franklin, which was launched on December 10 is scheduled to make her maiden call at APM Terminals-Pier 400 at the Port of Los Angeles…
As the pushed back the date - the Dec. 21 deadline - for the submission of binding bids for the sale of its biggest port Piraeus (OLP) approaches, the pace is picking up with binding bids, reports WSJ. Three of the world’s biggest port operators expected to submit their binding bids next week…
A Passenger Vessel Industry Icon Lives On The Passenger Vessel Foundation today announced receipt of its largest donor gift to date. The Padelford Packet Boat Company has provided a gift in excess of $155,000 to the Foundation. The Padelford…
Furuno has announced several changes to its sales department, including the addition of two commercial sales representatives and promotion of several long-time employees, as well as welcoming new service personnel into the company. All of these changes became effective on December 1st…
Port of New Orleans' Board of Commissioners Elects William T. Bergeron Chairman; Michael W. Kearney Elected Vice Chair, Robert Barkerding Jr. Elected Secretary Treasurer The Board of Commissioners of the Port of New Orleans today elected William T…
Overall confidence levels in the shipping industry fell in the three months to November 2015, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. The average confidence level…