APM Terminals CEO Kim Fejfer addressed the challenges facing port operators in today’s volatile market as well as the requirements for success, calling for investment, consolidation and rationalization in the port industry. “The need for…
Yves Barraquand has been appointed as the new CEO of control, instrumentation and electrical engineering specialist CMR Group. Taking over from Pascal Fouache, who has led the Group since 1991, Barraquand, will lead an organization employing…
U.S. Navy sailors aboard amphibious assault ship USS Boxer took time to reflect on the anniversary of the rescue of Capt. Richard Phillips from Somali pirates in the Gulf of Aden seven years ago. Phillips was rescued April 12, 2009 by special…
Being an island nation, Japan is inevitably dependent on seaborne trade. Over time, this has led to it becoming a strong player in the global maritime market. Japan’s shipbuilding pedigree has gained the country a foothold in LNG carriers…
Largest contract to date for Inmarsat’s Fleet Xpress paves the way for ‘smart shipping’ for Nanjing Tanker Corporation, with installation of Cobham’s SAILOR 60 GX and SAILOR 100 GX antenna systems across 70 ships Inmarsat and Cobham SATCOM…
Figures released by the Greek Shipping Co-operation Committee (GSCC) show that Liberia has cemented its position as the undisputed leading open registry of choice for Greek shipowners. The GSCC statistics show that, in the year to end-March 2016…
GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR), and to make this transport corridor more attractive to ship and cargo owners…
Incat Crowther announced the delivery of Najla McCall, the second vessel in SEACOR Marine’s Express Plus class of Fast Support Vessels (FSV).Sistership to the Alya McCall launched in November last year, Najla McCall has seating capacity…
April 12 in Murmansk held VI international conference on 'Logistics in Arctic'.The conference was organized by the Association of contractors of the Arctic 'Murmanshelf' projects with the support of the Government of the Murmansk region…
The Bureau of Ocean Energy Management (BOEM) has signed an agreement with the City of Jacksonville, Fla., and the U.S. Army Corps of Engineers authorizing them to dredge nearly 1.4 million cubic yards of sand from federal waters for periodic renourishment of the Duval County shoreline…
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable May 20, 2016, to stockholders of record at the close of business on April 25…
India has successfully tested its most ambitious weapon system - a long range submarine-launched ballistic missile, codenamed K-4, from submarine INS Arihant. The nuclear-capable missile can strike targets up to 3,500 kilometres away. The…
River line Avalon Waterways has christened its newest Suite Ship class of river cruise vessels, the 166-passenger Avalon Passion, one week after the company launched another new Suite Ship, the 128-passenger Avalon Imagery II. Built at a shipyard in the Netherlands…
China’s biggest private shipbuilder Yangzijiang Shipbuilding Holdings Ltd has won orders for six dry bulk carriers worth a combined US$510 million. The 400,000 DWT very large ore carriers (VLOCs) are the largest dry bulk carriers ever awarded to the group…
The recommended International Labour Organization (ILO) Minimum Wage for Able Seafarers will remain at its current level of US$ 614 basic pay per month until at least 2018. This follows an ILO Joint Maritime Commission (JMC) meeting held in Geneva last week…
