Officials from POSCO, the Ports of Indiana and community leaders gathered to break ground today on POSCO's new wire rod processing center at the Port of Indiana-Jeffersonville.POSCO is a multinational company headquartered in Pohang, South Korea…
DP World Limited today held its Annual General Meeting for the year ended 31 December 2015. DP World Chairman, Sultan Ahmed Bin Sulayem, made the following statement regarding operational performance in the first quarter of 2016. “DP World Limited handled 15…
Dassault Systèmes Congratulated DCNS and Australian Government on the historic naval Defense Collaboration France-based DCNS has been selected by the Commonwealth of Australia as its preferred partner for the design of the 12 future submarines…
As piracy on the world’s seas continues to fall, new figures from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlight growing violence off the coast of West Africa, where 44 seafarers have been captured so far this year…
India and the United States have agreed to strengthen their cooperation on maritime security, as concerns grow in Washington over Beijing’s growing military ambitions, reports AFP. India and the USA had agreed to two new projects under the Defence Trade and Technology Initiative (DTTI)…
IRClass, the Indian Register of Shipping, today announced an increase in the range and level of services it provides to the Indian Navy, with the advent of naval vessels in service being maintained in IRClass.“Several types of Indian Naval vessels have been…
The Panama Canal will hold a draw on Friday, April 29, to select the first vessel which will transit through the Expanded Canal when it is inaugurated on Sunday, June 26. The draw will take place at the Panama Canal Administration Building and a Notary Public to serve as witness…
South Korean companies are briskly moving to tap into Iran's fast-growing shipping industry, regarding the Iranian boom as a breakthrough to their prolonged business slump amid the global economic slowdown. According to IRNA, the head…
ExxonMobil said today it has started production at its Point Thomson project, the first company-operated project on Alaska’s North Slope.Central pad facilities are designed to initially produce about 5,000 barrels per day of condensate and 100 million standard cubic feet per day of recycled gas…
Members of the maritime community gathered last evening at the New York Athletic Club to honor three of its leaders: H. Marshall Ainley (President, Marine Engineers’ Beneficial Association), Ian T. Blackley (President & CEO, Overseas Ship Management…
European shipowners welcome the significant progress made this week at the 69th session of the IMO Marine Environment Protection Committee (MEPC). The basic features of a global CO2 data collection system have been agreed upon and further…
Uwe Beckmeyer, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy paid a visit to MTU Reman Technologies in Magdeburg to find out more about the company’s development operations in the maritime sector.The…
China and South Korea held talks on delimiting their overlapping exclusive economic zones (EEZs) in the Yellow Sea – the first such discussions in seven years. Chinese Vice Foreign Minister Liu Zhenmin talked to his South Korean counterpart…
The first cruise ship arrival of the year will enter Lerwick Harbour this weekend at the start of a record-breaking season which is expected to see the most passengers and vessels yet at the Shetland port, along with the highest gross tonnage of cruise ships…
The U.S. Postal Service has previewed a new stamp highlighting California’s San Francisco Maritime Historical Park with a photograph of an iconic three-masted sailing ship.The stamp is the 14th of 16 new Forever Stamps to be revealed over…
