Norway based dry bulk shipping company Golden Ocean Group (GOGL) is planning to make a further investment in Singapore Marine Pte Ltd in connection with the acquisition of the majority of assets and operations of Swiss Marine by the latter.Swiss…
The Nautical Institute has published the second volume in its ‘Collecting Maritime Evidence’ series, which focuses on the collection and preservation of electronic evidence and how it can be used to understand the circumstances that led to a maritime incident…
The Australian Maritime Safety Authority (AMSA) has banned two foreign-flagged bulk carriers from Australian ports after their crews reported being underpaid.The Chinese-owned bulk carrier MV Xing Jing Hai and the Panama-flagged MV Fortune Genius were banned for 18 months and 12 months respectively…
Greek boxship owner Performance Shipping disclosed that it has received a noncompliance notification from the Nasdaq Stock Market.The notice was received from the regulator because the company's closing share price was below $1.00 per share for 30 consecutive days…
The international offshore drilling contractor Seadrill Partners LLC announced that it has been notified by the New York Stock Exchange that trading in SeaDrill's common units on the exchange has been suspended and the procedure to delist the units has been initiated…
A German non-governmental organisation filed on Friday a court request in Malta calling on the government there to accept 13 Tunisian migrants who it said had been saved from a sinking boat in Malta's search and rescue zone.The NGO Sea Eye, which operates the rescue ship Alan Kurdi…
Iran has released seven of the 23 crew members of the British-flagged tanker Stena Impero that was seized earlier this summer, Sweden's foreign minister said on Wednesday.The Swedish-owned Stena Impero was detained by Iran's Revolutionary Guards…
U.S. President Donald Trump on Tuesday warned he would be 'tougher' on Beijing in a second term if trade talks dragged on, compounding market fears that ongoing trade disputes between the United States and China could trigger a U.S. recession…
Divers searched for more bodies early on Tuesday around the wreck of a boat destroyed by a blaze off the coast of southern California, as authorities launched an investigation into one of the area's worst maritime disasters.Emergency crews found…
Marking its first foray into the US, Singapore-based port operator PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets…
The Directorate General of Shipping of India celebrate its 70th Foundation Day today, the 3rd September, 2019. Minister of State for Shipping Mansukh Mandaviya will launch the celebrations at an event in Mumbai.The Directorate General of Shipping…
The British Ports Association has welcomed the announcement by the UK Government that there will be a new grants scheme for infrastructure modification at UK ports should there be a ‘no-deal’ Brexit but has stated a deal was the best way to avoid potential disruption at ports…
The Greek seaborne shipping and logistics company Navios Maritime Holdings sold its ship management division and certain general partnership interests to N Shipmanagement Acquisition Corp. (NSAC), affiliated with company’s chairman and chief executive officer…
Industrialist John Fredriksen is seeking investors to take larger stakes in his companies and could relinquish control of operations as part of a plan to reduce his workload, the Norwegian-born 75-year-old told two newspapers on Friday.It was…
The UK Foreign Secretary Dominic Raab is to call for more international support to protect shipping in the Strait of Hormuz when he meets his French and German counterparts later today (Friday, August 31) for talks about Iran. Last month, Iran…