India will join US and Japan conduct joint naval exercises in the northern waters of the Philippine Sea, an area close to the East and South China Seas where Beijing is locked in an increasingly tense standoff with other countries. The…
The Maritime and Port Authority of Singapore (MPA) has started the construction of a new container terminal at the western end of the island to replace existing container port facilities and consolidate operations for the long term. The…
A cruise ship is sailing to Cuba from the U.S. for the first time in more than 50 years. The Bermuda-flagged Adonia sailed from the port of Miami carrying some 700 passengers on Sunday. Cruise firm Carnival's Adonia left Miami bound for…
‘Kalvari’ (Tiger Shark), the first of the Scorpene-class submarines, went to sea for the first time on Sunday marking the commencement of sea trials. The submarine sailed out at about 10 am under her own propulsion for the first sea trial…
The first shipment of a ‘core kit’ for Russia’s Yamal LNG project has set sail for northern Russia from the Chinese port of Qingdao. China's first batch of two air cooled condensing modules of LNG project are the biggest and heaviest kits being used for the project…
Turkey has launched the building phase of its amphibious landing platform dock (LPD) warship for the Turkish Naval Forces with a ceremony on April 30, says Hurriyet. Last year, the Turkish government announced it signed a nearly $ 1 billion…
A tanker that Libya's rival eastern government had been using to try to export oil in defiance of the Western-backed administration in Tripoli returned to the country on Saturday, after it was blacklisted by the United Nations, the state oil company said…
Coast Guard Cutter Steadfast and the Mexican navy conducted a joint operation to save three stranded fishermen from their sinking vessel, the Wendy II, 40 miles off the coast of Huatulco, Mexico Tuesday.While on a routine patrol, Steadfast…
The opening of the offshore season in northern waters has seen specialist oil industry vessels return to Lerwick Harbor during April to support subsea development projects. This month has also brought the first cruise ship of the year to the…
Cory Brothers Shipping Agency is delighted to announce the opening of Cory Brothers (The Netherlands) BV, in the port of Amsterdam, servicing the ARA range.The new company commences operations on the 1st May 2016 and compliments the groups…
Highlights * Earnings of $1.8 billion decreased 63 percent from the first quarter of 2015. * Earnings per share were $0.43 assuming dilution. * Cash flow from operations and asset sales was $5 billion, including proceeds associated with asset sales of $177 million…
MSC Lana Voy-JA618R made its inaugural call at Karachi International Container Terminal (KICT), marking the launch of a new Middle East Loop 1 (MEL 1) Service. To mark the event, KICT held a maiden voyage ceremony, attended by Mr Keith Lau…
An Italian merchant ship rescued 26 migrants off the coast of Libya in rough seas and others were feared missing, the Coast Guard said on Saturday.The Coast Guard received a call from a satellite telephone on Friday but no voice was heard…
JPMorgan Chase & Co disclosed on Friday that its 'criticized' loans to the oil and gas industry more than doubled in the first three months of the year.Criticized oil and gas loans, which are defined by regulators as doubtful, substandard or deserving of special mention…
A water bus on the river Scheldt. Since the announcement by port alderman Marc Van Peel several months ago that Antwerp Port Authority is to introduce this new and above all sustainable transport service, lots of hard work has been going on…
