Chief Shipping Analyst at BIMCO, Peter Sand will be one of the speakers at the upcoming Marine Money Ship Finance Forum in Singapore. This is the 14th annual forum and it will take place at 22-23 September 2015. Peter Sand will deliver the…
The Indian ministry of shipping unveiled its vision document for Coastal Shipping, Tourism and Regional Development on Monday at Dona Paula, Goa at the 16th meeting of Maritime States Development Council (MSDC), reports Times of India. The…
Indian Minister for Shipping, Road Transport and Highways, Nitin Gadkari, has said that the Ministry has prepared a scheme to offer subsidy to the shipbuilding industry, says Press Information Bureau of the government. The proposal has been sent to the Cabinet Ministry for approval…
Russia launched military exercises in the Arctic. According to press service of Russia’s Defence Ministry, the interservice exercise of the Northern Fleet forces started in the Arctic at the Taimyr Peninsula. According to the Northern Fleet Commander Admiral Vladimir Korolev…
A new liquefied natural gas (LNG)-bunkering terminal may become operational at South Korea's Busan New Port by 2020. South Korean shipping company Polaris Shipping will reportedly invest $500 million (KRW 600 billion) to construct the facility…
The Nigeria Liquefied Natural Gas company (NLNG) has shipped 3,200 liquefied natural gas (LNG) cargoes by Q2 of 2015, since it began international gas exports in 1989, the managing director, Babs Omotowa said, reports Business Day. Omotowa…
HKND Group, concessionaire of the Nicaragua Interoceanic Grand Canal project, signed an agreement with international geological and resource consultancy CSA Global of Australia in the headquarters of HKND Group in Hong Kong, entrusting CSA…
The turmoil spreading from China is certainly not good for the shipping market, says billionaire John Fredriksen to Bloomberg News. John, the billionaire who made his fortune investing in crude tankers, said he’s “very worried” on global shipping markets…
Sri Lanka based shipping company- Herbilan Shipping Pvt Ltd is all set to launch Colombo-Vizag-Yangon (Myanmar)-Colombo service from September 1, reports the Hindu. “One of the main reasons for Herbilan Shipping to launch the service is…
Seaworthy Industries, LLC announced today that Managing Partner, Michael A. Sheklin has received a federal appointment from Secretary Jeh Charles Johnson to serve on the Merchant Marine Personnel Advisory Committee (MERPAC). The committee…
In 2012, U.S. ocean and Great Lakes economy grew much faster than overall GDP The U.S. ocean economy outpaced the domestic economy between 2011 and 2012, with an increase of $22 billion in gross domestic product, from $321 billion to $343 billion…
Webb Institute announced Michael T. Martin, PE as its new Assistant Professor of Electrical Engineering. Prof. Martin has over 23 years of experience as a marine electrical engineer with a broad background in electrical systems including, electrical propulsion…
American-owned NVOCC Troy Container Line Ltd. has appointed Chris Donzelli as the company’s new Midwest Account Executive. Based in Chicago, Donzelli has been charged with expanding Troy Container Line’s presence in the Midwest region. In this new position…
ESAB has launched its 2015 “A Cut Above” student contest open to students in welding, cutting and related programs (e.g., Ag Mechanics) at secondary and post-secondary schools. ESAB will award more than $30,000 in equipment and cash prizes as part of the contest…
ECM Training Services, LLC, in conjunction with Galway Group, will hold an interactive training seminar entitled 'Pursuing ECA Compliance: Is LNG as a Marine Fuel Viable?' September 22-23, 2015, at Minute Maid Park in Houston. Leading the…