ROME, July 5 (Reuters) - Some 4,500 migrants were rescued from rubber dinghies and a wooden boat in the Mediterranean on Tuesday, Italy's coast guard said, as the sea calmed after a rough weekend. More than 67,000 migrants have arrived in Italy by sea so far this year…
The global economic outlook is uncertain; this uncertainty is leading to depressed investment worldwide, particularly in energy and mining activity. The international ports and terminals sector forms an important part of the infrastructure supporting these activities…
Jan-Bart Verkuyl has been appointed the new CEO of Feadship’s Royal Van Lent yard, where he will have overall responsibility for the day to day operations of the current operation in Kaag, its subsidiaries and the second new yard in Amsterdam when it opens in 2018…
Container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, but this will not be sufficient to rescue the industry from substantial losses in 2016, according to the latest Container…
Maritime recruitment specialist Halcyon Recruitment has announced the appointment of Danni Devine as its new Operations Director. The move is part of Halcyon’s continuing growth in the UK and Singapore.Devine is a senior management…
GAC Training & Service Solutions (GTSS) has won Ireland’s Marine Industry Awards’ accolade for excellence in the provision of professional services to the maritime industry. The award was presented by Liam Lacey, Director of the Irish Maritime Development Office…
London Ship Managers (LSM) has made substantial savings across its fleet of 9000gt refrigerated cargo vessels following an extensive refrigerant plant optimisation programme carried out by Oceanic Technical Solutions.An engineering team…
With profit before tax of DKK 480 million, Middelfart-based Selfinvest, which includes the global Group A/S United Shipping & Trading Company (USTC), is yet again filing an impressive set of financial statements. This was generated via record results in several of USTC’s subsidiaries…
Rolls-Royce Power Systems has honoured its five best suppliers for outstanding performance in quality, logistics, environmental protection and cooperation in 2015. For the tenth year in a row, Rolls-Royce Power Systems has commended the top suppliers of its subsidiaries MTU…
Wilhelmsen Ships Service (WSS) is moving to ensure that its customers’ vessels pass through the new Panama and Suez Canals with the optimum efficiency, speed and safety thanks to a fresh Ships Agency ‘canal transit’ solution. The service, which will be run by dedicated local teams…
Alfa Laval remains on track to submit a US Coast Guard (USCG) type approval application for Alfa Laval PureBallast 3.1 in the coming weeks. The company has successfully completed all required land-based tests using the current system design…
Royal IHC and Tompkins UK Limited are strengthening their strategic cooperation with IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture (that IHC and Tompkins created in 2015)…
Greece’s deal with Chinese shipping giant COSCO is “helping the country stand on its feet,” Greek Prime Minister Alexis Tsipras said. “We are sending a strong message to the international markets that Greece is decisively entering a new phase…
Business Korea reports that rumours are now rife in the container business world that Maersk could swoop on Hyundai Merchant Marine and subsume its activities into their own business. The report says that recent moves by Hyundai Merchant Marine to join the 2M alliance led by Maersk and MSC…
Amid generally weak demand around the world the South Asia region is the shining light for container growth, says Drewry's Maritime Research. Growth in container shipping is becoming a rare commodity; global port throughput only increased…
