The depreciation of the Chinese currency will help both international and domestic shipping operators in the region that have been stuggling of late with growing costs and rising competition, says Maersk. Xinhua quoted Tim Smith, chairman…
Sinotrans Shipping slid back into the red for the first half of 2015, turning to a $18.3m loss from a small $2.3m profit in the previous corresponding period. The dry bulk and container shipping arm of Chinese state-owned Sinotrans & CSC Group continues to feel the pain of low rates…
Rescue crews have found 114 bodies, with 95 people still missing, 85 of whom are firefighters, after two huge explosions China’s Port of Tianjin where dangerous chemicals and goods are stored late Wednesday night, Xinhua news agency reports…
Container maker and logistics player Singamas Container Holdings says that some of its container depots operated by its Singamas Logistics (Tianjin) (SLTC) unit, were damaged in the explosions at Tianjin Port, reports Reuters. One of Singamas…
Hamad Port welcomed its second commercial carrying the second shipment of cranes which includes four Ship to Shore (STS) Cranes and six Rubber Tyred Gantry (RTG) Cranes, says a report in the Gulf Times. This, along with other key developments…
A passenger ship, owned by Roble Shipping, carrying more than 500 passengers caught fire at Ormoc port in Leyte, Phillipines early Saturday (August 15). Philippine Coast Guard spokesperson Commander Armand Balilo said 3 crewmembers of the…
The Queen Mary 2 cruise ship called off the search for a crew member late Saturday after he went overboard off the coast of Newfoundland. Colleagues on the Cunard vessel spent five hours looking for the man as they made their way from Southampton to Halifax…
Migrants desperate to get off the Greek island of Kos fought each other on Saturday while nearby a passenger ship chartered to house and process refugees lay empty 24 hours after it had arrived.Outside the island's main police station…
Northern Fleet divers salvage weapons and equipment from the American ship “Thomas Donaldson”, which sank after a German submarine attack outside Murmansk in 1945.Divers from the Northern Fleet’s search and rescue department in 2014 started…
At least forty people suffocated in an overcrowded boat carrying around 400 migrants while crossing the Mediterranean Sea into Europe on Saturday. Many of the migrants were saved as the boat issued a distress call and was intercepted off the Libyan coast…
The NATO Centre for Maritime Research and Experimentation played a crucial role in developing the maritime component of the ICARUS European project, including enhanced autonomy and integration between Unmanned Surface Vehicles and Unmanned Aerial Vehicles On 9-10 July 2015…
Naming and organizational changes are underway in the Ulstein Group companies in the Netherlands. As of August 1, 2015, the ship design company Ulstein Sea of Solutions has been renamed Ulstein Design & Solutions BV (UDS BV), while the equipment…
The Canadian province of Alberta, the biggest source of U.S. oil imports, announced the members of its climate change policy review panel on Friday, part of its pledge to implement new rules on greenhouse gas reductions.Environment Minister…
Pursuant to today's Notice of AGM, Shareholders are advised to note certain changes to the proposed Board.Chairman, Sir Frank Chapman, has decided not to stand for re-election at the forthcoming AGM, to release the two days a week he currently commits to Golar to focus on other interests…
In the wake of the explosions near Tianjin port on Wednesday 12th August, MSC confirms that Tianjin Pacific International Container Terminal (TPCT) which is used by MSC, is located 6 kilometers from the blast site at the East Port Area. All…