Senior officer shortages in China have become serious, numbering more than 50,000 vacanciesAccording to statistics from the Qingdao human resource and social security department, high-level shipping personnel’s average annual salary in China has climbed to around RMB200…
Danish scientific mission to gather data for a formal claim to areas north of Greenland up to the North PoleThe expedition will be aboard the Swedish icebreaker “Oden”, as it leaves from Svalbard with 46 Swedish and Danish scientists who will…
Fugro takes delivery of 'Fugro Equator' the third such vessel for offshore survey projects in Asia-Pacific watersDesigned to Fugro specifications and fitted with the latest survey equipment all three are among the most advanced vessels of their type…
China's Rongsheng Heavy Industries' shares tumbled after US Securities & Exchange Commission accusationShares of China Rongsheng Heavy Industries tumbled 17 percent to a record low yesterday after its chairman Zhang Zhirong was accused of…
Fincantieri wins contract from Société des traversiers du Québec (STQ to build a large passenger ferryThe contract, awarded following a public tender in which major competitors took part, is worth CAD$ 148-million.Deltamarin/Navtec, a Finnish-Canadian consortium…
MHI announces outline of FY 2012 first 3-month financial results ended June 30, 2012 (consolidated).Highlights from the financial report follow:Orders received ⇒ Down ¥128.9 billion: Year on Year (YOY) (¥621.3 bn → ¥492.4 bn)Overall, orders declined from a year ago…
Royal Caribbean chairman hints that new ship order is possible.During the Royal Caribbean second quarter 2012 financial results conference call, Royal Caribbean chairman hinted at the possibility that Royal Caribbean could order a new ship for either Royal Caribbean or its sister company…
'Mooring Practice Safety Guidance for Offshore Vessels when Alongside in Ports and Harbours' published by International Marine Contractors Association (IMCA).Ships enter and leave ports regularly. Tying up a ship when alongside a berth or another vessel is potentially a very hazardous operation…
Losses widen for oil tankers hauling 2-million barrel crude cargoes on the industry's benchmark routeAccording to Bloomberg, VLCC's on the Saudi Arabia-to-Japan voyage are losing $5,529 a day, according to data accessed by Bloomberg from the Baltic Exchange in London…
The Supreme Court, India, allows US ship 'MV Oriental N', (formerly 'Exxon Valdez'), after lengthy legal disputeThe ship may now be dismantled at the Alang Ship Recycling Yard in Bhavnagar, Gujarat.The Supreme Court, however, also ruled…
Italian dry freight group Deiulemar Shipping is trying to avoid formal bankruptcy proceedings.Italian dry freight group Deiulemar Shipping Company SpA (Deiulemar Shipping) is seeking liquidation to avoid formal bankruptcy proceedings after…
NOAA Ship 'Fairweather' to conduct hydrographic work in the Arctic updating depths measured in the 18th century.NOAA Ship Fairweather begins a 30-day survey mission in the Arctic, scheduled to check a sparsely measured 1,500-nautical mile coastal corridor from Dutch Harbor…
First half year 2012 financial results confirm the Italian shipbuilder's positive operating performanceHighlighted in the report were: • Profit from ordinary operations at euro 26 million (16 million at 30/6/11, +62.5%)…
The New South Wales State Government plans to privatise Port Kembla & Port Botany to increase funds for infrastructure projects.Of the $500 million expected to be generated from the Port Kembla lease, $100 million will be spent on infrastructure in the Illawarra…
The US Coast Guard to celebrate its foundational anniversary aboard 'USS Slater' on the Hudson RiverThe United States Coast Guard, one of the country's five armed services,is a unique agency of the federal government. The service was founded on August 4…