Orion Leader, a car carrier operated by NYK, rescued a sailor from a sailing yacht in distress on July 3 off the coast of Mexico.Orion Leader was sailing from Honolulu, Hawaii, to Lazaro Cardenas, Mexico, on July 3, when the ship received a distress call from the U…
In contrast to the substantial numbers of reported incidents across Southeast Asia and the Indian Ocean in recent years, maritime crime now appears to have stabilised in these regions according to the latest Q2 maritime crime statistics released by Dryad Maritime today…
Announcing its financial results today for the three and six months ended June 30, 2016 Gener8 Maritime, Inc. reported net income of $38.0 million, or $0.46 basic and diluted earnings per share, for the three months ended June 30, 2016, a 91% increase compared to $19…
Maersk Training, part of the Denmark based A.P. Moller-Maersk, is betting on the Indian training centre, reports the Hindu. India is one of the 10 Centre’s that is making profits. 'While other Maersk training centres are facing issues due to downturn in maritime and oil and gas sectors…
Gov. John Bel Edwards appointed Tara C. Hernandez to the Board of Commissioners of the Port of New Orleans. Hernandez, who was sworn in during today’s monthly Board meeting, will serve a five-year term, succeeding Gregory R. Rusovich, one of…
Over the past decade, at least 100 seafarers have lost their lives due to incidents which have been attributed to bulk cargoes liquefying at sea. UK P&I Club Senior Claims Director Alan Speed looks at the dangers of cargo liquefaction and the steps members can take to mitigate the risk…
Nick Brown has been appointed Bureau Veritas’ new Communications Director, Marine & Offshore Division, the classification society announced. Brown will take up the post from November 2, 2016, replacing Philippe Boisson, who will retire after more than 25 years in the role…
ABS informed that the United States Coast Guard (USCG) has awarded Roy Bleiberg, Vice President of Engineering for the ABS Americas Division, the USCG Meritorious Public Service Award. The award is the second-highest public service award presented…
International accountant and shipping adviser Moore Stephens says the shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to business and reputational damage. Corporate governance in shipping has been in sharp focus recently…
APL, part of the CMA CGM Group, has announced the launch of the Felixstowe Express Service (FEX), a new weekly service that connects the key ports of China, Europe and Felixstowe – United Kingdom’s (UK) biggest and busiest container port. APL…
Announcing the expansion of its wire rope hoists line, Columbus McKinnon Corporation, a designer, manufacturer and marketer of material handling products, systems and services, has introduced the Yale LodeKing LT ultra‐low headroom top‐running wire rope hoist…
Diana Containerships Inc. (NASDAQ: DCIX) reported a net loss of $8 million for the second quarter of 2016, compared to a net income of $0.9 million for the respective period of 2015. Time charter revenues, net of prepaid charter revenue amortization…
Global trade enabler DP World and the state run Taiwan International Ports Corporation (TIPC), have signed a Memorandum of Understanding (MoU) for the development of Kaohsiung Port’s Terminal 7 in Taiwan. The agreement marks the beginning…
KVH Industries, Inc., (Nasdaq: KVHI), announced today that it is offering Videotel’s new safety and training video about the Zika virus free to all mariners worldwide. The goal of the program is to increase awareness of the vitally important…
In the latest stage of its national expansion, GAC Brazil has opened a seventh office to offer its shipping, logistics, bunker fuels and marine logistics at one of the country’s newest and rapidly growing port complexes, in the north of Rio de Janeiro State…
