On April 26, 2016, Cheoy Lee Shipyards launched the 100th vessel it has built to a Robert Allan Ltd. design, becoming the second shipyard worldwide to do so, after Sanmar’s initial achievement of this milestone in 2013.This epic tug, Hull Number 5098 at Cheoy Lee…
The Coast Guard rescued a man from a cliffside near Sunset Bay State Park, in Charleston, Friday afternoon.The man was hoisted by an MH-65 Dolphin helicopter aircrew from Coast Guard Air Station North Bend and safely transported to the air station were he was released without injury…
Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) ('Pioneer Marine,' or the 'Company') a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the first quarter ended March 31…
The HCI Group and two other investors have taken over a total of thirteen ships from the loan portfolio of HSH Nordbank. The HCI Group structured the portfolio acquisition and is investing a substantial amount itself. The portfolio consists of thirteen feeder ships of between 800 and 1…
Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need for better international cross-sector connectivity in order to realise the significant trade potential…
Multimodal network operator Samskip and inland waterway transport provider Pro-Log are celebrating the 10th anniversary of barge operations connecting Rotterdam and Duisburg by adding a second vessel, increasing service frequency to six times weekly…
The database service operated by ClassNK’s wholly owned subsidiary Ship Data Center (ShipDC) has been set to receive marine weather information from Japan Weather Association. ShipDC acts as a platform for big data related to shipping by securely collecting…
Four students from Massachusetts Maritime Academy (MMA) have been awarded Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships. Chosen based on their academic achievement, financial need and plans to pursue a career in the maritime industry…
France's CMA CGM, the world's third-largest container shipping firm, reported a first-quarter net loss on Friday and targeted $1 billion in cost cuts to keep operating margins positive during the current market downturn. Weak freight rates…
The Chamber of Marine Commerce this weekend joins the nation in honoring America’s maritime heritage and the men and women who serve as merchant mariners with a Top 10 list of reasons to celebrate Great Lakes-Seaway shipping.“National Maritime…
The Board of Minesto AB has appointed Dr. Martin Edlund, since February acting CEO, as CEO of Minesto. Edlund took over as acting CEO of Minesto in February this year, when Anders Jansson chose to leave his position. Over the past six years…
On Thursday, May 19, 2016, the Port of Palm Beach Board of Commissioners agreed to exclude funding for a proposed U.S. Army Corps of Engineers Lake Worth Inlet navigational improvement project from the port’s Master Plan Update.The ACOE project…
A little-known annual American commemoration is coming up again on May 22 - National Maritime Day. It was declared by Congress in 1933 to call attention to America’s proud maritime heritage and to honor the men and women who serve and have served as U…
Inchcape Shipping Services (ISS) has demonstrated its continued commitment to compliance with the appointment of Karen Moore as Global Compliance Officer. Karen joins from financial markets and technology company, NASDAQ, where she was Associate General Counsel…
Euronav NV and Bretta Tanker Holdings Inc. have agreed to terminate their joint venture covering four Suezmax vessels: the Captain Michael (2012 - 157,648 dwt), the Maria (2011 - 157,523 dwt), the Eugenie (2010 - 157,672 dwt) and the Devon (2011 - 157…
