In the first half of 2016 the Rickmers Group generated consolidated revenues of €249.3 million ($279 mln), 13.9 percent lower than in the corresponding period in 2015 (€289.6 million, $324 mln). The main underlying factors are the persistently strained market situation…
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of Mr Quek Gim Pew as a non-independent non-executive Director of the Company and Chairman of the Research, Development and Technology Committee with effect from 15 August 2016…
Responding to reports that the government’s Emergency Towing Vessel (ETV) Herakles was deployed to assist a tug experiencing trouble off the coast of Scotland, Nautilus general secretary Mark Dickinson said, ‘The incident highlights the vital…
Terex Port Solutions (TPS) is supplying a diesel-electric Terex Gottwald Model 2 mobile harbour crane in the G HMK 2304 two-rope variant and a Terex Stackace E 6-8 empty container handler to the Belgian river port of Liège. The two cargo-handling…
China’s Academy of Space Technology in Beijing has launched a new high-tech satellite, called the Gaofen 3 high-resolution Earth observation satellite, which has been designed to protect its maritime interests, as well as warn of natural disasters…
Specialist marine insurance intermediary Seacurus has called for more flag states to establish a process of compulsory registration for all providers of Seafarer Recruitment and Placement Service (SPRS) in the yachting sector. Thomas Brown…
Before the Olympic flame was lit in the Maracanã stadium on Saturday, August 6, worldwide shipping group CMA CGM had transported thousands of containers of goods and equipment to Rio, having begun its shipments for the 2016 Olympic Games in December 2015…
Radio Holland Malaysia opened a new office in Johor, Malaysia to support shipping in the ports of Johor and the vicinity.Over the years, Radio Holland Malaysia has expanded its business to the Southern Region of Malaysia known as Gelang Patah…
A U.S. government weather forecaster on Thursday reduced its outlook that La Nina conditions would develop in next few months but said it still expected the weather phenomenon to occur this fall or winter. The National Weather Service's…
The Coast Guard rescues four people stranded on Monamesset Island Wednesday after their 23-foot center console ran aground.At about 10:40 a.m., an employee from a commercial towing company called Coast Guard Sector Southeastern New England…
International law firm Watson Farley & Williams (“WFW”) advised Crédit Agricole Corporate and Investment Bank (“CACIB”), SACE S.p.A. (“SACE”) and a syndicate of banks on the delivery of the cruise ship “Seven Seas Explorer” built by the Italian shipyard Fincantieri S…
McQuilling Services’ 2016 Mid-Year Tanker Market Outlook Update examines the tanker shipping market from January, and forecasts the balance of 2016 through 2020 based on market conditions in the first half of the year. Findings from the report can be found below…
Novosibirsk State university this year, together with the Russian Academy of Sciences will begin sending students of geological and geophysical faculty to practice in the Arctic. It provides matching grants, which had previously received NSU…
Wilhelmsen Maritime Services AS (WMS), a wholly owned subsidiary of Wilh. Wilhelmsen Holding ASA, said it has signed an agreement whereby technology subsidiary Callenberg Technology Group will be acquired by Trident Maritime Systems.'We have in Trident and their principal…
Kalmar has received orders for seven top loaders from Crowley Liner Services for operation in Jacksonville and Port Everglades, Florida, and eight reachstackers from Crowley Puerto Rico Services for operation in San Juan, Puerto Rico. The orders…
