The Great Eastern Shipping Company Ltd. (G E Shipping) signed a contract to sell, a new building Kamsarmax Dry Bulk Carrier “Jag Aakash” (81,600 dwt). The vessel is being built at Tsuneishi Heavy Industries (Cebu) Inc., Philippines and will be delivered to the company in August/September 2015…
As Gateway Terminals India (GTI) (one of the private terminal at JNPort, a JV between APM Terminals (APMT) and state-owned rail operator Container Corporation of India) is facing shutdown in operations due to the strike of contractor's employees…
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter ended June 30, 2015.Consolidated cargo across all ports handled by the company was 40 MMT in Q1FY16…
Videotel, the leading international provider of e-Learning maritime training programs and a company of KVH Industries, Inc., has backed the Concentrated Inspection Campaign (CIC) on crew familiarization for enclosed space entry recently launched by the maritime authorities of Tokyo and Paris…
The second quarter 2015 produced better results than the first quarter 2015. So far in the third quarter, we have secured higher average rates than in the two preceding quarters of the year. In 2Q 2015, NAT continued to benefit from both…
Based on the current challenging environment in the oil and gas market, Sulzer decided to take measures to streamline the manufacturing capacities of its Pumps Equipment division.Since the beginning of 2015, Sulzer’s Pumps Equipment division…
The Panama Canal Authority (ACP) has learned of the National Union of Workers of Construction and Similar Industries (SUNTRACS) notice to strike issued to Grupo Unidos por el Canal (GUPC). GUPC is the main contractor for the Canal's third set of locks project…
The ocean carrier merger - between China’s two state-owned megacarriers, COSCO and CSCL - rumours are back in the news! The beleaguered state behemoths struggling in a protracted industry slump - China Ocean Shipping Group (Cosco) and…
Alberta's energy regulator said on Saturday it is investigating reports that about 30 blue herons have died at a Syncrude Canada oil sands mine site in the northern part of the Canadian province.The Alberta Energy Regulator said it sent investigators to the Syncrude Canada Mildred Lake site…
APM Terminals and GF Group are pleased to announce the acquisition of 100% of Reefer Terminal S.p.A. by APM Terminals has been completed today. Terms and price were not disclosed. Reefer Terminal, the largest refrigerated terminal in the Mediterranean for more than thirty years handling 600…
Through the coordination of the Federal Emergency Management Agency, the amphibious dock landing ship USS Ashland (LSD 48) will depart Guam and arrive in Saipan Aug. 8 to provide relief in the aftermath of Typhoon Soudelor, which devastated the island Aug…
Hong Kong’s Marine Department has issued a reminder about safe handling of containers following the investigation into the death of a sailor on board a container vessel during cargo unloading operations.The incident occurred while containers…
Continuing its record breaking performance of handling all time high cargo volume of 61.61 metric million tonnes in the preceding financial year, Mumbai Port Trust has registered an overall growth of 15% upto 31st July this year against the corresponding period in the previous year…
The Director-General of the International Labour Organization (ILO), Guy Ryder, has called for a definitive and durable solution for the thousands of migrant workers who risk their lives in a search of a decent future.“Stopgap measures…
If you are operating in Class C, C Restricted, D or E waters, and are required to meet the National Standard for Commercial Vessels (NSCV) Part C7A (Safety Equipment), you now have flexibility to determine the type and quantity of first aid supplies that are appropriate for your operation…