Australia’s newest luxury motor yacht brand Elandra Yachts has expanded its Gold Coast operations on the back of rapid growth and increased interest from Australian and international buyers.The high-end marine vessel manufacturer has acquired a further 1…
Smartphone App created with support from Augustea Group and MarineTraffic will help charity deliver improved service and better measure impact of its workSailors’ Society, one of the largest seafarer support charities operating internationally…
Shipping company Baleària and Shipyard Construcciones Navales del Norte – LaNaval have reached this week an Agreement - expected to be firm in two months - for the construction of two natural gas propelled ferries around Euro 350 million…
Accidents relating to entry into enclosed spaces have resulted in a large number of deaths of both ship and shore personnel so far this year. David Nichol, UK P&I Club risk assessor, reviews enclosed space incidents and his suggestions for safer working practices…
Mitsui O.S.K. Lines, Ltd. today announced that it has started demonstration tests of a new windshield for containerships, which has the potential to reduce wind resistance, save fuel, and reduce CO2 emissions. MOL jointly developed the device with MOL Techno-Trade…
Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), which operates the world's fourth shipbuilding facility in Subic Freeport Zone, unveiled the first-ever Philippine-made Liquefied Petroleum Gas (LPG) carrier. The ship was…
MSC Cruises has announced that the MSC Lirica will homeport in Shanghai to serve the Chinese cruise market, through a strategic partnership with CAISSA Touristic Group. The 2,600 passenger MSC Lirica will home port in Shanghai from May 2016 following a 60-day round the world Grand Voyage…
Taiwan’s defense ministry seeks financing to expand the country’s submarine fleet, reports Reuters quoting local media reports. The government has allocated $92.55 million over four years, beginning next year, to launch a long-awaited program…
Five Chinese Navy ships are sailing in international waters in the Bering Sea off Alaska coast, coinciding with President Barack Obama’s visit to the the U.S. state. US defence officials have spotted three Chinese combat ships, a supply…
Dorian LPG, an owner and operator of modern Very Large Gas Carriers ('VLGCs'), reported today that it has taken delivery of the ECO VLGC Commodore from Hyundai Samho Heavy Industries and the ECO VLGC Cresques from Daewoo Shipbuilding and Marine Engineering ('DSME')…
DP World Nhava Sheva, well-known for its operational efficiency; once again orchestrated a win-win situation for the trade and maintained normal import and export activities when the port confronted both, natural and manmade crisis.With…
China Shipping Container Lines Co is planning to buy around 10 ultralarge container ships for around $1.5 billion, despite the shipping industry struggles with a capacity glut, reports WSJ. The company wants to fulfill capacity commitments…
French shipping giant CMA CGM, reported a 66.7% jump in net profit to $156m in the second quarter of 2015. The result compared to a $94m net profit in the same period a year earlier. The world’s third largest container line says that its unit costs fell 10…
China Merchants Energy Shipping Co., Ltd (CMES), the dry and wet bulk arm of state conglomerate China Merchants Holdings (International) Company Limited, has set up a wholly owned subsidiary China VLOC Company Limited to operate 400,000 dwt ore carriers in Hong Kong…
The subject of ship telematics will be prominently featured at the upcoming SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition, which takes place in Stamford, Conn., Oct. 13-14.Big Data, connected ships and cyber security…