GAIL India has deferred a USD 7-billion tender for hiring nine newly-built ships to ferry liquefied natural gas (LNG) from the US by one month. Bids for the tender were to close on February 29 but now have been extended to March 31. The…
Chinese bulker Bao Jiang 88 capsized and sank in Jinshan Fairway, near Yangshan Port of Shanghai while enroute from Ningbo to Nanjing with 4,600 tons of ore concentrates. 12 crew went into life raft and were rescued by a nearby cargo ship…
Cruise ship operator Genting Hong Kong Ltd is buying three shipyards in Wismar, Warnemünde and Stralsund respectively owned by German shipbuilding company Nordic Yards for $358 million to further enable its presence in the sector. The…
Euroseas Ltd, a Greece-based shipping company, took delivery of its newbuilding Kamsarmax dry bulk carrier Xenia and entered into a two-year time charter for its container carrier Evridiki G. The M/V Xenia was delivered from the China-based Jiangsu Yangzijiang Shipbuilding Co…
How one Hapag-Lloyd employee has dedicated his free time to the card game skat. Even if the card game has never really made it across Germany’s borders, almost 200 years after it was invented in the Thuringian city of Altenburg, skat remains one of the most popular card games among Germans…
Hydrex has opened a new office in Rotterdam on March 1. Its purpose is to improve the delivery of services and underwater expertise to the maritime industry of Rotterdam, the company said. To enable a fast mobilization throughout the entire…
Seatronics, an Acteon company, and part of its survey, monitoring and data business segment, has appointed Kevin Strachan as head of finance.The new role will require Strachan to lead the finance function in each of Seatronics’ global bases and divisions…
The tradition of shipbuilding in Mecklenburg-Western Pomerania to be continued – with new focus on cruise ships An investor has been found in Malaysia’s Genting Group to enable the continued existence of the three shipyards in Wismar, Rostock and Stralsund…
Late last night, SUNY Maritime College alumnus Scott Kelly, ’87, felt Earth’s gravity for the first time in nearly a year.The astronaut safely landed in Kazakhstan after plummeting hundreds of miles to Earth from the International Space Station with Russian astronaut Mikhail Kornienko…
Rolls-Royce today announced the appointment of Bradley Singer as a Non-Executive Director. He will join the Board with immediate effect and will become a member of the Science and Technology Committee. Brad is a Partner and Chief Operating Officer of ValueAct Capital…
NUSI alongwith Norwegian Seafarers Union (NSU), FIT-CISL and International Transport Workers Federation (ITF) together organized the Fifth International Cruise Seminar in India. This time the seminar was organized in Bangalore from January 19th -23rd…
The Indian Register of Shipping (IRClass) is gearing up to expand its activities in Singapore and throughout South East Asia with plans for opening two more offices in the region over the next two years.IRClass, with a diverse portfolio of services across the marine sector…
The chief executive of Frontline, one of the world's largest independent tanker firms, said it is likely to take another two or three months until insurance for cargoes carrying oil from Iran is secured, according to a report in Tasnim. 'We have not lifted anything yet…
Gassco has commissioned Knutsen OAS Shipping and Larvik Shipping to study transport of CO2 by ship in connection with the Norwegian government’s full-scale project for managing this greenhouse gas. In cooperation with Gassnova, Gassco has earlier studied CO2 handling chains…
Overseas Shipholding Group, a provider of oceangoing energy transportation services, reported results for the fourth quarter and full year 2015. The company reported net income of $9.3 million in its fourth quarter. The crude oil and petroleum transportation company posted revenue of $243…