Today WCI applauded the leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Senate Energy & Water Development (E&WD) Appropriations Subcommittee Chairman Lamar Alexander (R-TN) for the 26-4 vote approving the FY 2016 appropriations bill that increases funding for the U…
Dan-Bunkering (Singapore) Pte. Ltd. Shanghai Rep. Office announced that as of May 1, 2015 Alex Qin has taken up the position of Chief Representative at the office in Shanghai. Qin started as a Bunker Trader at the company’s head office in Middelfart…
Crowley Maritime Corporation’s petroleum services division has once again been honored by Marathon Petroleum Company (MPC) with its annual Elite Vessel Award, which is given to tank vessel operators who demonstrate commitment to safety, environmental stewardship and operational excellence…
Scholars, interns and externs gather for education celebration On Wednesday, May 20, the Port of Long Beach hosted Celebrating Education, an event that brought together students, teachers, public officials and business executives to highlight…
Inmarsat has provided an initial update on the launch schedule for Inmarsat-5 F3 (I-5 F3) following the failure of the preceding Proton Breeze M launch from the Baikonur Cosmodrome in Kazakhstan on Saturday 16 May.According to an announcement by Inmarsat’s launch partner…
Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane. The cranes will join a fleet of 14 Kalmar ASCs at Fisherman Islands Terminal…
Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will continue to be the title sponsor of the DP World Tour Championship, the season ending tournament of The Race to Dubai…
United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on navigation in polar waters become effective from 1 January 2017.The IMO has…
The Royal Australian Navy’s helicopter frigate HMAS Anzac has arrived in Portsmouth, England, as part of her NORTHERN TRIDENT 2015 deployment. Anzac departed Sydney in March 2015, and has transited the Southern Ocean, Indian Ocean, the Red Sea…
Russia and China naval forces concluded their first-ever joint military exercise in the Mediterranean Sea this morning, according to an online news briefing from the Chinese Defense Ministry. The naval drill code-named “Joint Sea 2015”…
Maersk Line on May 21 announced that Mike Fang become the company's new chief of east - and central China. He joins with effect from 1 July 2015. Fang has been head of Maersk Line North China since 2012. He replaces David Williams, who will become the new CEO of Safmarine…
HSH Nordbank AG, the world’s second-largest financier of ships, plans to split off a 'bad bank' for non-performing shipping loans as part of a plan to create a sustainable business model, reports Reuters. The city of Hamburg was willing…
Navios Maritime Holdings, vertically integrated seaborne shipping and Logistics Company, slumped to a loss in the Q1 although the result beat by $0.10 per share the average estimate of analysts who had forecast red ink for the dry bulk company…
The Dutch maritime technology sector has had a good year. Turnover increased by 17%, from EUR 6.4 billion in 2013 to EUR 7.5 billion in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013. “Overall we see a nuanced picture, with ups and downs…
Transport consultant Drewry’s Carrier Performance Insight (CPI) for April records 67.6%, up by 4.1 percentage improvement on the previous month in the aggregate reliability of ships on the main Asia-Europe, transpacific and transatlantic trades…