One of the first three women in Africa to obtain a Marine Pilot open license in 2011, Pinky Zungu has again made history with her appointment as Transnet National Ports Authority’s first black female Deputy Harbor Master – Nautical for the Port of Durban…
The London P&I Club has issued a warning about continued problems associated with the carriage of Indonesian thermal or ‘steam’ coal, following a number of recent incidents involving owners and charterers. Indonesian coal has a propensity to self-heat and/or emit methane…
Rising crime in Gulf of Guinea contrasted with declining East Coast pirates; Presidential statement condemns murders, kidnappings, hostage-taking, as UN Security Council expresses deep concern over piracy The United Nations Security Council…
AccessESP, a leading provider of rigless electric submersible pump (ESP) conveyance solutions for the worldwide oil industry, has successfully installed two of its new Access375 systems on the North Slope of Alaska, the first commercial deployments of this system…
Singapore Technologies Engineering Ltd (ST Engineering) today announced that it has injected US$66m (approximately S$89m) into the capital of its US Headquarters, Vision Technologies Systems, Inc. (VT Systems), for the repayment of bank loans…
Officials from POSCO, the Ports of Indiana and community leaders gathered to break ground today on POSCO's new wire rod processing center at the Port of Indiana-Jeffersonville.POSCO is a multinational company headquartered in Pohang, South Korea…
DP World Limited today held its Annual General Meeting for the year ended 31 December 2015. DP World Chairman, Sultan Ahmed Bin Sulayem, made the following statement regarding operational performance in the first quarter of 2016. “DP World Limited handled 15…
According to the NGO Shipbreaking Platform 239 end-of-life ships were sold for breaking in the first quarter of 2016. Seventy-nine per cent of end-of-life ships ended up on South Asian beaches, making this quarter one of the worst ones in the last years for non-beaching yards around the world…
Dassault Systèmes Congratulated DCNS and Australian Government on the historic naval Defense Collaboration France-based DCNS has been selected by the Commonwealth of Australia as its preferred partner for the design of the 12 future submarines…
Ship owners and operators can now compare fuel cost savings reaped by hull cleaning with GAC EnvironHull’s online fuel savings calculator.A foul-free hull offers the benefits of significantly enhanced fuel efficiency and lower operating costs by reducing resistance in the water…
Four carriers have announced a new OCEAN Alliance to start next year. Where does this leave those carriers left behind? To the surprise of many it was announced last Wednesday that four carriers – CMA CGM, COSCO Container Lines, Evergreen…
Worldwide shipping group CMA CGM announced that it is the main partner of the Monumenta 2016 art exhibition in Paris. CMA CGM has decided to be at the heart of the creation of the masterpiece, by providing its containerships, containers and its technical and logistical expertise…
Cosco Pacific Ltd.'s first-quarter ended 31 March 2016 net profit rose 31.4% from a year earlier on the back of a one-off gain. Turnover sank 2.27% yearly to US$129 million. On yearly basis, its net profit shot up 105 per cent to US$702…
Cosco Pacific Ltd. has appointed Zhang Wei as vice chairman and managing director, replacing Qiu Jinguang who has stepped down from the positions with immediate effect, reports Dow Jones. 'Qiu Jinguang has resigned as an Executive Director…
Worldwide, International Maritime Bureau (IMB) recorded 37 piracy and armed robbery incidents in the first quarter of 2016, down from 54 in the same period last year. Three vessels were hijacked and 29 boarded, with 26 crew kidnapped for ransom and a further 28 held hostage…
