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CMA CGM Upgrades FAL 1 Service, New Direct EB Call at Shanghai

Jan 11, 2016

CMA CGM has announced that a new direct EB call at Shanghai, the first container port in the world, is to be introduced on the rotation of its FAL 1 service ex-North Europe. Starting in Southampton on January 11th, 2016 with m/v CMA CGM KERGUELEN voy…

Piracy Surges in South East Asia

Jan 11, 2016

The surge of piracy in South-East Asia waters continues as ships passing the Straits of Malacca and Singapore are falling victim to acts of piracy, says Clyde & Co. Whilst Singapore, Indonesia and Malaysia operate anti-piracy patrols in the area…

Oceans Beyond Piracy Lists 3 Priority Areas

Jan 11, 2016

Oceans Beyond Piracy (OBP) remains committed to three priority areas that will guide our efforts in the coming year, says a press release from the company. First - a comprehensive solution to maritime piracy requires an inclusive, long-term approach…

U.S. Questions Chinese Submarines on Anti-Piracy Missions

Jan 11, 2016

U.S. Pacific Fleet Commander, Admiral Scott Swift questioned the motive behind China deploying submarines for anti-piracy operations in the Indian Ocean, reports PTI. The comments come in the backdrop of India’s growing concerns over rapid…

Tanker Rates to Remain Under Pressure

Jan 11, 2016

The reduction in the new 2016 Worldscale flat rates  of Very Large Crude Carriers (VLCC) has led to spot rates increasing as owners look for equivalent 2015 returns, says tanker market assessments from the Baltic Exchange. Thus we are now seeing rates for long east of around WS 107…

USCG Warns of Unsafe Ice

Jan 09, 2016

The Coast Guard is urging people to use extreme caution when venturing onto the ice across Lake Superior, St. Marys River, and the northern parts of lakes Michigan and Huron with the forecasted rain and snow predicted this weekend.The…

Ailing Fisherman Medevaced off Oregon

Jan 08, 2016

An ailing fisherman was medevaced by U.S. Coast Guard aircrews Thursday roughly nine miles west of Winchester Bay, Oregon. The man, reportedly suffering from a seizure, was hoisted from fishing vessel Hecate by an MH-65 Dolphin helicopter…

Marathon Petroleum Senior VP to Retire

Jan 08, 2016

Marathon Petroleum Corp. (MPC) announced the retirement of Richard D. Bedell, senior vice president of Refining, effective March 1. Raymond L. Brooks, currently general manager of MPC's Galveston Bay refinery in Texas City, Texas, will replace Bedell…

NAMMA and MTS Launch The MARE Project

Jan 08, 2016

Press release - The North American Maritime Ministry Association is launching a new project aimed at enhancing the ability of traditional shore-based seafarers’ welfare agencies to connect with seafarers’ using innovative digital tools.  Supported by The Mission to Seafarers…

Young Tapped as CTO at JDR

Jan 08, 2016

JDR said that James Young will take up the role of Chief Technology Officer with effect from 1st February 2016.  In his prior role as Engineering Director, Young led the attraction and development of JDR's engineering talent for many years…

Japanese Consortium Pulls Out of Brazilian Shipyard Ecovix

Jan 08, 2016

A consortium of Japanese shipyards decided to sell its stake of Ecovix, which controls the Rio Grande Shipyard, reports Reuters. Mitsubishi Heavy Industries, four other shipbuilders said in October 2013 acquired 30% of Ecovix-Engevix Construcoes…

Singapore Rig Builders in Crisis

Jan 08, 2016

After a decade-long boom, there were zero new orders globally for jack-up rigs last year on account of the current oil downturn. Singapore's largest rig builders finding it difficult to navigate safely, reports The Straits Times. With oil prices swooning…

Container Ship Deliveries Hit New Record

Jan 08, 2016

Container vessel capacity delivered in 2015 has reached a new record as 212 new cellular containerships, with a total capacity of 1,714,860 teu, have joined the global fleet over the course of this year, according to Alphaliner Research. The…

IMO and WCO Partner on e-Business Compendium

Jan 08, 2016

IMO and the World Customs Organization (WCO) have signed a partnership agreement to maintain, update, publish and distribute the IMO Compendium on Facilitation and Electronic Business.  The compendium provides essential guidance and standardised…

Bleeding Continues for Korean Shipbuilders

Jan 08, 2016

South Korea's big three shipbuilders are set to post over 8 trillion won (US$6.66 billion) in operating losses in 2015 because the industry has not found a way out of a prolonged slump, reports Yonhap. According to the industry data, the top three shipyards - Hyundai Heavy Industries Co…

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