Egyptian President Abdel Fattah el-Sisi issued a decree establishing an economic zone for Egypt’s Suez Canal, reports Reuters. The decree establishes a 460-square-kilometer economic zone around the canal the government says will be used…
As part of the move to boost for importers and exporters of fresh produce using Scotland’s largest container terminal , the port of Grangemouth is to receive investment from its owners, Forth Ports Ltd to increase its capacity for refrigerated containers…
Local media quote Huntington Ingalls Industries (HII) as announcing this week the Avondale Shipyard, just upriver from New Orleans, is being sold. The historic, 206-acre facility is on the market after a tumultuous last five years that have included layoffs and threats to close the shipyard…
South Korea's No. 2 shipbuilder Daewoo Shipbuilding & Marine Engineering Co., will push for restructuring moves, including asset sales and a reduction in the number of executives, as it reels from massive losses, reports Yonhap. The shipyard…
GAIL (India) Limited has launched two tenders for up to 17 cargoes of liquefied natural gas (LNG) for delivery in western India reports Reuters quoting trade sources. The company is seeking five cargoes for deliveries in October to December…
Singapore’s transport minister Lui Tuck Yew, a familiar face among the country’s shipping industry, will step down from politics. Lui, former chief executive of the Maritime and Port Authority (MPA), has shocked the Singapore maritime industry…
North American Marine Environment Protection Association (NAMEPA) is set to present “Safety in the Arctic”, a seminar addressing topics of preparedness, prevention and protection specific to the Arctic waters. The event will take place at the Hotel Captain Cook on August 13…
Ship-owning and managing company Crowley informs that a Military Sealift Command (MSC) vessel under its management has rescued 11 fishermen from a sinking vessel in the South China Sea. While transiting toward Subic Bay, Philippines, on July 19…
On Saturday, August 8, The U.S. Merchant Marine Academy (USMMA) at Kings Point welcomed 243 “plebe candidates” of the Class of 2019 into the Regiment of Midshipmen as they took USMMA’s Corps of Cadets Oath administrated by Rear Admiral James A…
The Panama Canal Authority (ACP) issued a press release stating it has learned of a National Union of Workers of Construction and Similar Industries (SUNTRACS) notice to strike issued to Grupo Unidos por el Canal (GUPC), the main contractor for the Canal's third set of locks project…
Electronic Marine Systems Inc. (EMS) has appointed Ron Monnell as National Sales Manager. Monnell joins EMS with more than 35 years of marine sales experience in the commercial and military sectors of the U.S. marine industry. Based in Florida…
Fairline has announced Douglas Culverwell as its new Sales and Marketing Director. Douglas will be responsible for Fairline's global sales and marketing operations, leading Fairline’s international sales team and managing its worldwide dealer network…
The Interlake Steamship Company proves phase one of emissions-reduction technology on Great Lakes; two additional ships to be outfitted with exhaust gas scrubber technology in 2016 Following the implementation of exhaust gas scrubbers on its self-unloading bulk carrier M/V Hon…
Ceona, SURF contractor with heavy subsea construction capabilities, announce that John Smith, Chairman of the company’s board, has stepped down with immediate effect due to ill-health.Smith has been involved in the oil and gas sector for…
Southeast Asia is likely to see a record number of ship hijackings in 2015 as demand for illicit oil, together with a well-established black market, will continue to drive maritime attacks in the region, advises private maritime security company PVI…