Mitsui O.S.K. Lines (MOL) has announced that on September 18, the MOL-operated LNG carrier Papua safely rescued four yachtsmen off Port Moresby, Papua New Guinea. Details of the rescue are as follows: In the afternoon of September 17, the…
Congressman Duncan Hunter (R-CA) and John Garamendi (D-CA), Chairman and Ranking Member respectively of the Subcommittee on the Coast Guard and Maritime Transportation, raised concerns today over the Trump Administration’s decision to issue…
Total annual operating costs in the shipping industry fell by an average of 1.1 percent in 2016, says international accountant and shipping consultant Moore Stephens. This compares with the 2.4 percent average fall in costs recorded for 2015…
More than 230 Cruise Ships to Transit the Panama Canal’s Panamax and Neopanamax LocksThe Panama Canal announced that it expects to receive approximately 235 cruise ships through the Panamax and Neopanamax Locks during the upcoming 2017-2018 cruise season…
President Trump has waived shipping restrictions for Puerto Rico on Thursday at request of the island's governor Ricardo Rosselló and after an outcry from Congress about the scarcity of fuel, food and emergency supplies following Hurricane Maria…
Evac is to be acquired by private equity group Bridgepoint.Headquartered in Espoo, Finland, Evac was established in 1979 and to date has successfully completed over 20,000 marine, 2,000 offshore, and 2,000 building projects for customers around the world…
Another large container ship will be added to the fleet of the liner shipping company Hapag-Lloyd. The “Al Jmeliyah” will be handed over to Hapag-Lloyd tomorrow at the shipyard of Hyundai Samho Heavy Industries (HSHI) in South Korea. With a capacity of 15…
The Ministry of Foreign Affairs of Japan (MOFA Japan) and the Maritime and Port Authority of Singapore (MPA), in cooperation with the ReCAAP Information Sharing Centre (ReCAAP ISC), jointly launched the inaugural Capacity Building Executive…
The primary contractor for China's naval force China State Shipbuilding Corp (CSSC) is preparing a major asset reorganization involving its two subsidiaries, reported China Daily. The companies have halted stock trading on the Shanghai…
Mitsui O.S.K. Lines (MOL) announced that the LNG carrier CESI Tianjin, which was ordered by the joint venture of MOL, China COSCO Shipping Corporation Limited (China COSCO Shipping) and China Petroleum & Chemical Corporation (SINOPEC), was delivered at Hudong-Zhonghua Shipbuilding (Group) Co…
DP World London Gateway Port reduced its carbon emissions by 28 percent per TEU (twenty foot equivalent unit/container) in 2016. This reduction in emissions per container handled was captured by The Planet Mark, meaning that DP World London…
Transportation and logistics company Bahri, together with Bolloré Group, a global player in international freight forwarding and logistics, celebrated the official inauguration of the companies’ joint venture, BahriBolloré Logistics. Bahri owns a 60-percent stake in the joint venture…
NORDEN has entered into a 10-year contract effective 2020-2029 for the transportation of 4-5 million metric tons of road salt to be loaded in Caleta Patillos 1,400 kilometers north of the Chilean capital Santiago and discharged primarily on…
Yesterday, the Panama Canal welcomed its 2,000th Neopanamax vessel through the waterway, demonstrating the route’s continued impact on maritime trade and the industry’s confidence in the safe, reliable and efficient service the Canal provides…
Inmarsat Maritime has launched a new fishing pricing plan for the Pacific North West which will make it easier and more economical for regional Fleet One users to get live weather updates, track and trace fish, and send catch reports. The…
