A China Ocean Shipping Company COSCO-China Shipping Container Lines (CSCL)merger makes financial sense, but would have huge implications for competition in the container shipping industry, according to Drewry Maritime Research. Drewry Shipping…
With China’s COSCO confirming its $1.5-billion order of 11 new 19,000 TEU ships for delivery in 2018, the “arms race” for Ultra Large Container Vessels (ULCV) of over 18,000 TEU continues but carriers are having to be more creative when deciding where to deploy smaller deliveries…
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has promoted Mohammed Yasser Marzuq from Trainee to Bunker & Lubricant Trader at its New York Office, the company announced today.Mohammed…
ShipServ announced that Donald Anderson has joined its board of directors as an independent nonexecutive director.“Donald will provide critical strategic advice in supporting the next phase of ShipServ’s growth and development strategy…
SCHOTTEL, a manufacturer of propulsion and steering systems for ships and offshore applications, announced the appointment of Svante Fielding and Randall Freeman at its North American organization, SCHOTTEL Inc., in Houma, La. Fielding, the new Vice President Operations…
Samson, the worldwide leader in performance cordage, announces that after 41 years with the company, Tony Bon will step down as CEO on January 1, 2016. Andrea Sturm has been appointed as Bon’s successor and will be joining the Samson team in November 2015…
ABS CEO Pledges to Support Three Areas Crucial to Industry as it Tackles Current Challenges With an Eye to the FutureABS Chairman, President and CEO Christopher J Wiernicki has set out his priorities as incoming IACS chairman, emphasizing…
The directors of SHIPPINGInsight today announced that U.S. Merchant Marine Academy professor Capt. David Moskoff has agreed to be a special guest speaker at the 2015 Fleet Optimization Conference & Exhibition. The annual event takes place Oct…
At the highly anticipated International Union of Marine Insurance (IUMI) annual conference, IUMI President, Dieter Berg, detailed a number of key initiatives that will continue to raise the organisation’s profile and political influence on an international level…
A ferry enroute to South Ari Atoll (Alif Dhaal atoll) Maamigili from the capital Male has capsized leaving all the passengers onboard stranded at sea. Around 80 passengers had reportedly been on-board including women and children. Some…
Vessel operators can now be allowed to bring foreign flagged vessels on the coastal routes as the Indian Government has decided to relax cabotage for special vessels. Special vessels like Roll-On Roll-Off (Ro-Ro), Hybrid Roll-On Roll-Off (Hybrid Ro-Ro)…
The dredging project in the Savannah Harbor began on Monday. The Army Corps of Engineers, the federal agency overseeing the harbor expansion, says that the project started on Tybee Island as crews on a 220-foot dredging barge worked about 5 miles offshore…
The government of Cyprus will support and bolster growth of the country’s maritime sector, Marios Demetriades, minister of transport, communications and works, said, reports In-Cyprus. “I would like to assure you that the Cyprus government…
The groups representing European Parliament's (EP) environment committee are urging European leaders to include international shipping in the global climate deal scheduled to be signed in Paris in December. The 28 EU member states meet…
Lee Jin-bok, a lawmaker of the ruling Saenuri Party in Korea says that the government has given an 'incentive for mutual growth' to Korea's major shipbuilders while they are accused of an unfair business practice. The three shipbuilders - Hyundai Heavy Industries…