According to a report on Bloomberg, the container-shipping industry is dealing with the longest stretch of near-zero rates in its half-century history on the Asia-to-Europe route, a double whammy of stagnate global economy and a capacity glut…
Wilhelmsen Ships Service (WSS), is experiencing a sharp increase in the number of Asian owners who are signing up for the Ships Agency Re-Defined (SARD) global service.SARD enables owners to integrate all of their ship agency requirements…
Recruitment of Asian Specialist.In a move to add extra underwriting expertise to its New York team and further enhance its growing presence in Asia, the American P&I Club’s managers have recruited a well-known Asian specialist. Chris Hall joins Shipowners Claims Bureau…
Oil & Gas industry warms to Reflex Marine’s cold weather device – ‘The Arctic Thermal Pod’Expert in marine personnel transfer Reflex Marine has developed an innovative safety accessory for use with the FROG – the ‘Arctic Thermal Pod’. The…
AAPA Concerned Federal Budget Cuts May Impact Port Security Progress.Port and industry leaders from throughout the Western Hemisphere will pause on Sunday, Sept. 11, as part of the 100th Annual Convention of the American Association of Port Authorities (AAPA) in Seattle (Sept…
GulfMark Offshore, Inc. (NYSE: GLF) announced the initiation of a vessel construction program. The first three vessels in the program will be built by Remontowa Shipbuilding SA in Gdansk, Poland, and consists of two 1000 square meter deck area…
Measurement Technology NW (MTNW) implemented its running line tensiometer (RLT) technology with a Samson synthetic rope in an offshore mooring monitoring project engineered by Delmar Systems. This implementation is MTNW’s first use of tension measurement technology with 2”+ synthetic ropes…
DryShips Inc. (NASDAQ: DRYS) announced its unaudited financial and operating results for the second quarter and six month period ended June 30, 2011.For the second quarter of 2011, the company reported a net loss of $114.1m, or $0.33 basic and diluted loss per share…
Murmansk Shipping Company was selected among other operators of icebreaking fleet by U.S. National Science Foundation (National Science Foundation - NSF) which provides U.S. Antarctic Program. The ice-breaker Vladimir Ignatyuk successfully works in Antarctica…
N.E.I. Treatment Systems received its first order from Bohai Shipbuilding Heavy Industry for two Venturi Oxygen Stripping (VOS) Ballast Water Treatment Systems (BWTS) to be installed aboard two 320,000 DWT VLCCs being built for Sovcomflot. Bohai…
“We have arrived at the end of a downturn that has lasted since late 2008, and the market for modern offshore vessels is now turning around. BOURBON has every chance of being the first to benefit from this new turn of events thanks to a high-performance modern fleet and a worldwide network…
The subject of Carbon Dioxide dominates the future of many industries today. Whether it be the Shipping, Automotive, Aviation, or Power Generation industries the questions of how to account for, reduce, produce, capture and minimise the impact…
Vizada launched SkyFile C Store & Push to offer customers highly-reliable data reporting and polling services, including VMS (Vessel Monitoring System), LRIT (Long Range Identification & Tracking) and FleetNet.This new development enables…
A group of veteran seafarers are encouraging youngsters to consider what has become an important but ‘forgotten profession’ as the country prepares to celebrate Merchant Navy Day on September 3.Residents at the Royal Alfred Seafarers’ Society…
Philippine school made from APL cargo containers inauguratedSomewhere, Malcom McLean, 'the father of containerization,' is smiling.Yesterday the NOL Group, the Singapore-based container shipping and logistics company, celebrated with the…