The world’s largest container shipping company Maersk Line has set itself a bold new target to cut CO2 emissions by 60% by 2020. The company has stated that its emission reduction plan will save the climate around 200,000,000 tons of CO2…
This week Atlantic Ro-Ro Carriers (ARRC) celebrates the maiden voyage of the Baltic Mercur II via the port of Antwerp as part of their regular transatlantic service to the US Gulf. After long deliberation and extensive analysis, the company…
Siem Offshore has chosen DNV GL’s Synergi Project to manage nine newbuilding projects.Synergi Project softwareThe software is used to optimize the collaboration between Siem Offshore and the yards and to keep control of building processes…
The National Shipping Co. of Saudi Arabia (Bahri) signed contracts on Thursday with Hyundai Samho Heavy Industries (HSHI) to build five very large crude carriers (VLCCs), with an option for additional five more vessels, the company said in a bourse statement…
The Vietnam National Shipping Lines (Vinalines) and the Ministry of Transport (MOT) hope the plan to reduce the state’s ownership ratio in the big shipping firm to 36 percent will help restructure the business. It has finalized an overall plan for the development of its seaport network…
The Dubai Maritime City Authority (DMCA) is in the final stages of completing the rules for the first maritime arbitration centre in the Middles East: the Emirates Maritime Arbitration Centre (EMAC) says Al Tamimi & Company, Advocates and Legal Consultants…
Sea ice in the Arctic Ocean is at its lowest May level since records began in the 1980s, says Al Jazeera. The lowest levels in the history of Arctic sea ice observation for this time of year and likely the lowest levels for hundreds, even thousands of years…
A fighter jet operated by Libya's military force backed attacked an oil tanker that was about to anchor in the northern city of Sirte, reports local media. Lt Gen. Saqr al-Garrouchi, the commander of Libya's Tobruk parliament and government-backed air force…
The U.S. Navy's next Virginia-class attack submarine will bear the name USS New Jersey, says AP reports. U.S. Secretary of the Navy Ray Mabus hosted a ship-naming ceremony over the weekend in Jersey City, New Jersey, to announce that SSN 796…
Huawei Marine has signed a system design and construction agreement with a consortium comprising Telekom Malaysia Berhad, Symphony Communication and Telcotech to build the Malaysia-Cambodia-Thailand (MCT) submarine cable system. Spanning approximately 1…
Private equity-backed tanker operator Gener8 Maritime filed with the U.S. Securities and Exchange Commission (SEC) to proceed with an initial public offering worth up to $100m. The company was created in February 2015 via the merger of General Maritime and Navig8 Crude…
At least five Tunisian migrants died on Saturday when their boat sailing to Italy capsized off the Tunisian coast, officials said.'A migrant boat carrying dozens capsized on Saturday off the coast of Monastir ... Naval forces rescued…
Containerized volumes are steadily increasing on the East Coast of India. Keeping pace with the growth, Krishnapatnam Port Co. Ltd. (KPCT) now offers a new service to the Gulf sector. Simatechin association with Evergreen Line recently launched a joint CCG Service…
Senator Lisa Murkowski, Alaska, and Senator Maria Cantwell, Washington, have introduced a bill that would authorize the Navy to build up six icebreakers for use by the U.S. Coast Guard.The senators believe that the Coast Guard and the…
BMT WBM’s Brisbane-based Graduate Scientist, Danielle Udy, was recently awarded the Royal Geographical Society of Queensland 2014 Kevin Smith Prize for her honours research. The Royal Geographical Society of Queensland presents medals to…