The Captain of the Port (COTP), Delaware Bay, has set a modified Port Condition WHISKEY due to the anticipated arrival of a severe winter storm that will impact the Pennsylvania, New Jersey, and Delaware area in the next 72 hours.A thorough…
Global economics2016 continues where 2015 ended, with all eyes on China. This is mainly because of uncertainty surrounding the development of the world’s second-largest economy. When the first day of the Shanghai Stock Exchange of 2016 closed prematurely…
Fueled by liquefied natural gas, the Perla Del Caribe will join its sister ship, the Isla Bella, as the greenest containerships in the world. U.S. shipbuilder General Dynamics NASSCO today delivered the world’s second containership to be operated by liquefied natural gas (LNG)…
With the Panama Canal expansion slated for completion later this year and the industry-wide boost in U.S. maritime activity that will likely follow, there is no question that 2016 will be a demanding year for the Maritime Administration. While the course ahead will be full of new challenges…
The International Bunker Industry Association (IBIA) has appointed a new Regional Manager to manage its office in Singapore, covering the Asia region. Simon Neo, IBIA in Asia’s new Regional Manager has more than 30 years of oil and shipping…
The UK P&I Club announced it will be supporting the Sailors’ Society Emotional Wellness training module within its Wellness at Sea coaching program. The training, the second in a set of five modules, is designed to improve emotional wellbeing…
Schlumberger Ltd, the world's No.1 oilfield services provider, said it was optimistic that it had completed the job cuts needed in this oil downturn. Executives speaking on the company's earnings call on Friday said they expected 'positive movement' in oil prices in 2016…
The 125 years old German cruise operator, Hapag-Lloyd, has unveiled new branding, along with a modest name change, that will help promote the luxury cruise line to a global audience. Effective immediately, the old Hapag-Lloyd Kreuzfahrten name has been changed to Hapag-Lloyd Cruises…
Southeast Asia continues to dominate maritime crime incidents globally, with 236 reports of piracy and maritime crime instances occurring in the region since 1st January 2015, an increase of 10% compared to 2014, according to Dryad Maritime…
Nils Smedegaard Andersen chief executive officer of A.P. Moeller-Maersk A/S said the Container volumes have picked up this year after the market suffered from sluggish growth and overcapacity in 2015, reports Bloomberg. He said 2016 beginning…
French container shipping group CMA CGM bought an additional 2.4 million shares in takeover target Neptune Orient Lines (NOL) from the open market on Thursday at $1.235 and $1.24 per share, says a report in the Business Times. Following the latest transaction…
Due to operational constraints, CMA CGM informs its customers that the rail service from Dakar (Senegal) to Bamako (Mali) is suspended until further notice. In order to ensure service continuity, CMA CGM reminds that road service remains available from Dakar to Bamako in 13 days…
The state privatization fund Hellenic Republic Asset Development Fund (HRADF) of Greece has accepted a “significantly improved” offer from China’s Cosco Group for the state’s majority stake in the Piraeus Port Authority (OLP). “HRADF’s…
Abu Dhabi-based petrochemical company Borouge signed an agreement with Maersk Line to reduce carbon dioxide emissions for their shipments. Besides being the first plastics producer in the Middle East to sign the Carbon Pact with Maersk Line…
Ampelmann, a provider of motion compensation access solutions, is opening an office in central Aberdeen as the next step in the continued expansion of the company.Ampelmann claims an an extensive track record in supporting Walk to Work campaigns in the North Sea…