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IMO Warns on Bauxite Liquefaction Dangers

Sep 18, 2015

The International Maritime Organization (IMO) announced it has taken action to warn ship masters of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the…

HRH Prince Joachim to Speak at Danish Maritime Days

Sep 18, 2015

The cream of CTO’s from shipowners, ship management businesses, shipyards and maritime equipment manufacturers worldwide will meet HRH Prince Joachim on the second day of the technical summit, arranged by Danish Maritime and its members. HRH…

Statoil Hires PR Spokesman from Foreign Ministry

Sep 18, 2015

Bård Glad Pedersen has been appointed Statoil's vice president for media relations, the company said on Friday.'Glad Pedersen comes from the position as state secretary (deputy minister) in the Norwegian Ministry of Foreign Affairs. He will…

Industry Award for Simrad Halo Pulse Compresssion Radar

Sep 18, 2015

Simrad Yachting announced today that Simrad HALO Pulse Compression Radar has been awarded the National Marine Manufacturers Association (NMMA) Innovation Award in the OEM Electronics category at the 2015 International BoatBuilders’ Exhibition & Conference (IBEX)…

NYK Joins Maritime Anti-Corruption Network

Sep 18, 2015

NYK has become a member of the Maritime Anti-Corruption Network (MACN), a global business network that works toward realizing fair trade in the entire shipping industry. The network has a vision of a maritime industry free of corruption…

Commission Appointments at Long Beach Port

Sep 18, 2015

The Long Beach City Council on Tuesday confirmed the appointments of Long Beach City College executive Lou Anne Bynum and former City Councilman Doug Drummond to second terms on the Board of Harbor Commissioners. Mayor Robert Garcia announced the reappointments last month…

APM Terminals Liberia Sees Economic Recovery

Sep 18, 2015

Addressing the US - Liberia Trade & Investment Forum in New York City, APM Terminals Liberia Managing Director George Adjei points to a 30% increase in import container traffic at Liberia’s largest port as a reason for great confidence in Liberian investment…

Wah Kwong Acquires DNV GL's ShipManager

Sep 18, 2015

Wah Kwong Ship Management (HK) Limited will adopt DNV GL’s ShipManager integrated fleet management software suite to further improve operational efficiency, data transparency and safety reporting.Wah Kwong is a leading provider of maritime transport in the bulk carrier…

Jan De Nul Acquires Jack-up Heavy Lift Vessel

Sep 18, 2015

The dredging and maritime management company Jan de Nul Group signed the acquisition of the offshore facility vessel Vidar, which previously worked for the German company Hochtief. The facility vessel Vidar, which is less than two years old…

Ceona Ship Goes to Court Appointed Administrator

Sep 18, 2015

UK offshore vessel owner  Subsea contractor Ceona has gone into administration, with the loss of 102 jobs. Ceona and Ceona Services (UK) Ltd have been hit by the depressed subsea market caused by the low price of Brent crude oil. The…

Chinese Shipyard Orders Plunge

Sep 18, 2015

New ship orders at Chinese yards have fallen 68.3 percent to the end of August as tough conditions prevailed in the global shipping market, Global Times reported quoting data from the China Association of the National Shipbuilding Industry (CANSI)…

Shell, BG Merger Faces Roadblock

Sep 18, 2015

The Australian Competition and Consumer Commission (ACCC) has raised concerns that Royal Dutch Shell's proposed $70 billion takeover of BG Group may lessen gas supply competition in eastern Australia and delayed a final decision on the bid to November…

Polarcus Gets West Africa Contract

Sep 18, 2015

Polarcus Limited  has announced it has received a letter of intent for a 3D marine seismic project in West Africa.  The client was not disclosed by the Dubai-based seismic vessel operator, who will utilise its RightBAND technique for the broadband data acquisition…

Belships Signs Deal with Imabari

Sep 18, 2015

Belships has entered into a sale and leaseback agreement with a Japanese counterpart for the ship M / S Belforest. Belforest, 61,000 dwt Ultramax bulk carrier is currently under construction at Imabari Shipbuilding in Japan and will be delivered around 25 September 2015…

Dry bulk shipping, Tankers Fall Down

Sep 18, 2015

All stocks under Drewry Maritime Equity Research (DMER)’s dry bulk coverage were down and recorded double-digit negative returns, taking cues from vessel earnings. The BDI shed its gain of the previous two months and nudged down 20% m/m in August led by a fall in the Capesize index…

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