The American Association of Port Authorities (AAPA) - the unified and recognized voice of seaports in the Americas – today applauded inclusion of several key seaport industry freight mobility priorities in new legislation that was approved this morning by the U…
Mumbai-based shipping firm Varun Shipping Co. Ltd will be split into two listed entities after the Bombay high court approved a demerger scheme. The Company announced that according to the Composite Scheme of Arrangement and Amalgamation…
US President Barack Obama urged Beijing to take 'concrete steps' to ease tensions over maritime claims, as America and China wrapped up three days of candid talks, reports AP. 'The president raised ongoing U.S. concerns about China's maritime behavior…
China's government is moving forward with plans to bring in legislation to control emissions from ships as the country looks to reduce air pollution, state media Xinhua said. According to a draft amendment to the Air Pollution Law, tabled…
VIKING Saatsea has achieved flag state approval for its STCW on-board training solution with refresher modules according to new STCW 2010 Manila Amendments.The approval of the company’s 24/7, customizable certification management training…
RigNet, Inc. announced that Keith Stewart has been promoted to the new position of Vice President – Global Operations, RigNet TSI, based in Aberdeen, Scotland. Stewart is now responsible for managing RigNet’s technical resources assigned to Telecommunications Systems Integration (TSI) projects…
VesselsValue.com is launching Discounted Cash Flow (DCF) valuations to its existing portfolio of daily, automated valuations for the shipping industry.Discounted Cash Flow vs Market ValuationsDiscounted Cash Flow Valuations is the…
A strike by French ferry workers is causing travel chaos in the south of England and Eurostar services from London are experiencing long delays. Calais strike is over - but motorists still face lengthy delays. Sailings have been resumed…
Striking French ferry workers blockaded the port of Calais on Tuesday morning, disrupting maritime traffic and Eurotunnel's undersea rail link with Britain in protest at restructuring at its MyFerryLink division, port officials said.Shipping halted early in the day…
The Preventing Labor Union Slowdowns Act of 2015 (PLUS Act) was introduced last Thursday in the United States Senate to help prevent the type of maritime labor slowdowns at the Port of Portland and 28 other West Coast ports that disrupted domestic and international trade and nearly brought the U…
The eight Indonesian nationals arrested by Vietnamese authorities and suspected of hijacking the Malaysia-flagged tanker Orkim Harmony confessed to the crime, says a report in The Straits Times. Thirteen individuals were involved in the hijacking of the MT Orkim Harmony…
The Nicaragua canal project, which is being built by Chinese billionaire Wang Jing and his Hong Kong-based Hong Kong Nicaragua Canal Development Investment Co. (HKND Group), is not a threat to Panama, but a complement to the demand of world maritime trade…
Port workers who run Argentina's Rosario grains hub met on Monday with export companies for wage talks aimed at avoiding an open-ended strike that labor leaders had announced for Tuesday, a union official said.A strike at Rosario would slow…
With the christening of the new container ship “Vicente Pinzón”, the Hamburg Süd subsidiary Alianҫa has momentarily completed the expansion and modernisation of its cabotage fleet. In the past two years, Alianҫa has launched a total of six newbuildings for its cabotage services…
NYK has been recognized as a parent-friendly company by Japan’s Ministry of Health, Labour and Welfare for a third consecutive term, previously receiving recognitions in 2007 and 2011. NYK was recognized for achieving the targets of its…