A coastal pilot training program tailored to the unique challenges of working on the Great Barrier Reef has been recognized by the Transport & Logistics Industry Skills Council (TLISC).Australian Reef Pilots (ARP) was awarded the 2015…
ABS Group has announced the release of a new offshore Asset Integrity Management (AIM) service focused on driving operational reliability, efficiency and profitability for asset owners and operators. The AIM services are delivered by a newly…
Ulstein introduces the HX103 and HX104 designs, DP3 vessels with heavy-lift capability and large outreach combined with a large open deck space and accommodation for 350 and 500 people.With the introduction of these two heavy lift vessel designs…
With America's population expected to grow by 70 million over the next 30 years, moving the goods that enrich our lives --and the freight that fuels our economy-- will be a key challenge. As our Beyond Traffic draft framework indicates, by 2045…
Leena Lie, M.Sc. (Econ.), (b. 1968) has been appointed Senior Vice President, Communications at Cargotec Corporation as of August 1, 2015. She will be a member of Cargotec's Extended Executive Board and report to President and CEO Mika Vehviläinen…
The Danish shipping giant Maersk Line is still trying to obtain details of the Iranian court ruling that resulted in seizing Maersk Tigris by the Iranian authorities over an alleged commercial dispute. While the Iranian claimant in the…
Golar LNG has signed a binding Heads of Terms with Ophir Energy Plc for the provision of the GoFLNG vessel Gimi. Golar has started discussions with partners Keppel and Black & Veatch aimed at exercising an option, under an existing framework agreement…
Fourteen Indian troopers, who have been stranded on board an oil tanker off the coast of Bahrain since December have lastly left for home, says a report in Gulf Daily news. They were among the 16-member crew of Mongolian vessel MT Surya Kuber…
The Swedish Club received a vote of confidence from its members this week when it opened the doors on the 2015 Marine Insurance Course, again held at the Club’s head office in Gothenburg. Delegates came from as far afield as Asia and the Middle East…
Brazil continues to be an important area for Danish shipping interests and, with the signing of a new agreement on cooperation with the Brazilian authority ANTAQ under the Brazilian Ministry of Transport, relations are being strengthened…
UK- based shipping consultants Drewry said that it was only a matter of time before these carriers make the formal announcement that Hamburg Süd is to become a fully-fledged member of Ocean Three, or Ocean Four as it will presumably have to be re-named…
XPO Logistics has made a deal to acquire Bridge Terminal Transport (BTT) Services, one of the largest motor carriers serving ports and intermodal facilities in the United States, for $100 million. A few days ago, XPO spent $3.5 billion…
Baltic Trading Limited, a Marshall Islands company formed by Genco Shipping & Trading Limited, reported a loss of $42.4 million in its first quarter. The New York-based shipping company focused on the drybulk industry spot market said it had a loss of 75 cents per share…
The booming VLCC tanker market has started to be reflected on the companies’ earnings and is “firing on all cylinders” and it is set to continue Poten & Partners say in their weekly report. The boom is evident by the rather impressive first…
Suez Canal Authority said it controlled a blaze in a British container ship passing the waterway Friday, leaving no human losses. An ultra-large container ship owned by Hanjin Shipping caught fire while underway just south of the Suez Canal on 1 May…