The Shanghai International Shipping Institute (SISI) predicts a surge in bankruptcies within China's dry bulk shipping industry, Reuters reports. The overall business climate in China continues to deteriorate and dry bulk shipping companies…
After a quiet holiday period, the market has slowly awakened from its slumber, says the weekly report by Fearnleys A.S. Rates are not running away but the market looks like it is finding a bottom. Averages for a Surpa are now around mid $4…
Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate, has started initial trial operations of its Port Community System, ‘Maqta Gateway’, following the successful completion of Stage1 of the overall project development…
A super year for the VLCCs behind us which ended at earnings Meg/East close to $100k/day, says Fearnleys Week. The new year has started somewhat slower and rates ex Meg are off the peaks, but earnings remain very healthy. Continued interest…
International accountant and shipping adviser Moore Stephens believes slashing capacity is the only way to achieve stability in the dry bulk and container ship sectors. The shipping industry is expected to remain volatile and indispensable in 2016…
Adani Group turns its flagship port and India’s biggest commercial port at Mundra in Gujarat into a regional transhipment hub by partnering with Terminal Investment Ltd SA, the container terminal operating company majority owned by Geneva-based Mediterranean Shipping Co…
Maritime Administration announced funding availability for small U.S. shipyards; grants aim to help yards modernize and improve efficiency The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the availability of $4…
XL Catlin today announced the promotion of Anne Marie Elder to the role of Chief Underwriting Officer Marine for the Americas region. Elder in her new leadership role now reports to Lee Meyrick, XL Catlin’s Chief Underwriting Officer for Global Marine…
Ross Glendinning was appointed Senior Vice President, Service Division of Alfa Laval Inc. in January 2016. Glendinning is charged with driving consistent profitable growth, and developing new sales opportunities for the service business of Alfa Laval in the U…
The Port of London Authority (PLA) has appointed Bob Baker as chief harbor master. Bob Baker will join the PLA from Forth Ports, where he has been chief harbor master since 2001. He will succeed David Phillips, who is retiring from the PLA in April…
Marine and subsea recruitment firm etpm is kicking off the New Year with the launch of its charity fundraiser, The Super Saturday campaign, which revolves around the RBS Six Nations Rugby Tournament and encourages a bit of healthy competition…
Drydocks World, an international service provider to the shipping, offshore, oil, gas and energy sectors, announced it has received a five star rating from the British Safety Council for the Occupational Health and Safety. The company underwent a detailed…
Crowley Maritime Corporation announced today that Kerri McClellan has been promoted to vice president and deputy general counsel for the corporation. McClellan, who is based in Jacksonville and reports to Senior Vice President and General Counsel Mike Roberts…
Rope and Sling Specialists Ltd provided a below-the-hook solution to infrastructure management company Amey to lift a truck-mounted access platform during maintenance on the Forth Road Bridge in Scotland.Amey, on behalf of Transport Scotland…
Clarksons Port Services (CPS) Aberdeen was recently presented with a plaque by the RNLI in recognition of its incredible fundtaising on behalf of the Aberdeen Lifeboat Station. Over the past few years, CPS has managed to raise £25,000…