BHP to cut jobs in Melbourne HQ; cuts to be made gradually over 'coming years.'Global mining giant BHP Billiton intends to cut about 100 jobs at its Melbourne headquarters in coming years as it strives to lower overheads and streamline corporate operations amid a crash in minerals prices…
The growing popularity of “Maritime Potpourri” Conference organized by the Company of Master Mariners of India (CMMI) was evident yet again on 25th July, 2015 when a bigger turnout of participants ensued at the well-known venue, the Maritime…
NewLead Holdings Ltd.announced today a review of the commercial competency of one of its bitumen tanker vessels, the MT Sofia since the vessel was delivered to NewLead's fleet.The Sofia is a 2008-built bitumen tanker vessel of 2,888…
Scorpio Tankers Inc. announced today that it has entered into an agreement to purchase an MR product tanker.The Company reached an agreement with an unrelated third party to purchase an MR product tanker that was built in 2014 at SPP Shipbuilding Co…
Mitsui O.S.K. Lines, Ltd. today announced the signing of a Joint Venture Agreement with SahaThai Terminal Co.,Ltd., a container terminal operation company in Thailand, to establish a new barge terminal operation company in Bangkok. The new company…
Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG FUKUROKUJU, which is co-owned by MOL and Kansai Electric Power Co., Inc. at Sakaide Works of Kawasaki Heavy Industries, Ltd…
All American Marine, Inc.(AAM) together with the University of New Hampshire (UNH) are pleased to announce a contract for the design and construction of a new aluminum catamaran research vessel. All American Marine will build the 48’ x 17’ catamaran custom devised by Teknicraft Design…
International Maritime Organization (IMO) the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate US$2.0 million to a two-year global maritime energy efficiency partnership project…
The Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on Crew Familiarization for Enclosed Space Entry. The aim of the CIC…
Brazil’s newest and most modern container terminal hits a series of major efficiency milestones Brasil Terminal Portuário (BTP), Brazil’s newest and most modern container terminal, has reached a number of important milestones: The facility…
WISTA International Board Member and INDIA President Ms.Sanjam Sahi Gupta attended the first Annual General Meeting (AGM) of WISTA Sri Lanka that was held on 22nd of July 2015 .The event was graced by government heads such as the Hon. Minister of Shipping and Aviation Mr…
The Chinese navy played down recent military drills in the South China Sea and criticised other countries for 'illegally' occupying islands in the area, the official Xinhua news service reported on Saturday.China has launched a naval drill in waters to the east of Hainan island…
Two soybean cargoes have recently departed from a new terminal in northeast Brazil operated by VLI and local trader Multigrain, the latest option in the region as exporters look for alternatives to Brazil's overcrowded southern ports.A third ship carrying 27…
Vice Adm. Nora Tyson relieved Vice Adm. Kenny Floyd as commander, U.S. 3rd Fleet during a change of command and retirement ceremony held on Nimitz-class aircraft carrier USS Ronald Reagan (CVN 76) while pierside at Naval Air Station North Island in San Diego July 24…
Iceland was not involved in the creation of the new joint cooperation agreement on fishing in the Arctic Ocean, and insists it should be included.The five nations involved in the agreements since 2008 all have coastal boundaries with the Arctic Ocean…