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India Targets $60 Bln Maritime Investments

Apr 16, 2016

Indian Shipping Ministry is targeting to get investments worth $60 billion (nearly Rs 3.99 lakh crore) for a five-year term for 240 projects for the success of the ambitious Sagarmala project. The maiden Maritime India Summit 2016 in Mumbai…

India to Add Eight Major Ports

Apr 16, 2016

As part of its aggressive plans for port-led development, Union Shipping and Ports Minister Nitin Gadkari said he is looking to add eight major ports to the already existing 12, according to a report by Press Trust of India. 'We are planning to add eight new major ports…

Sagarmala Project to Sail Through 5 Years

Apr 16, 2016

India government will speed up the ambitious Sagarmala project from 10 years to five years, said Nitin Gadkari, Minister of Road Transport, Highways and Shipping. “Following Prime Minister Narendra Modi’s intervention, it has been decided…

Guidelines for Determining Containers Weight - DMA

Apr 16, 2016

The Danish Maritime Authority has – in cooperation with a number of business organisations – drawn up three short guidelines on the regulations on the determination of the weight of packed sea containers.In February, the Danish Maritime…

DNV GL's Examines the next Decade's Tech Outlook

Apr 15, 2016

Every five years, DNV GL publishes a Technology Outlook report providing insights into the technology landscape of the next decade. Its latest report focuses extensively on top tech trends and the future outlook for maritime, oil and gas, energy…

Heinrich Ahlers Retires from Buss Group

Apr 15, 2016

Heinrich Ahlers has wrapped-up his remaining responsibilities at the Buss Group, and will begin his retirement shortly before his 65th birthday. He had already relinquished his role as CEO of Buss Port Logistics to his successor Marco Neelsen October 1…

Third LNG-ready Tanker Delivered to Crowley

Apr 15, 2016

Crowley takes delivery of Louisiana, third Jones Act tanker with LNG capability Crowley Maritime Corp. has taken delivery of Louisiana, the third of four new, Jones Act product tankers being built for the company by Philly Shipyard, Inc…

Seafarers’ House Hires Development Director

Apr 15, 2016

Seafarers’ House has hired Jennifer Stewart, CFRE, as its new development director. Stewart has more than a dozen years of experience leading development efforts at a number of South Florida-based nonprofit organizations.Stewart comes to Seafarers’ House from the Community Foundation of Broward…

BP Shareholders Stick with Dudley despite Pay Revolt

Apr 15, 2016

The future of Bob Dudley at the head of BP seems untarnished by shareholders' unusual rejection of his pay package as 99.6 percent of them also backed his re-appointment and trust him to lead the company through a period of weak oil prices. For the 60-year-old American…

US Shipbuilders Council Presents Leadership Awards

Apr 15, 2016

U.S. Congressman Ander Crenshaw (R-FL) and MARAD Administrator Chip Jaenichen received maritime leadership awards from the Shipbuilders Council of America (SCA) on April 14, 2016.  The awards recognize exemplary individuals from Congress and…

ABS Endows Professor at University of Michigan

Apr 15, 2016

A newly funded professorship in the Naval Architecture and Marine Engineering Department underscores ABS’ commitment to education. ABS has endowed the American Bureau of Shipping Professor of Marine and Offshore Design and Performance position at the University of Michigan…

Australia, Japan Practice Naval Interoperability off Sydney

Apr 15, 2016

Royal Australian Navy and Japanese Maritime Self Defence Force counterparts have gathered in Sydney to conduct the bilateral Exercise NICHI GOU TRIDENT from 15-26 April 2016. This exercise, which has been conducted between Australia and Japan since 2009…

LOC, Studio Navale Canepa Join Forces

Apr 15, 2016

Leading international marine and engineering consultancy LOC Group has announced a collaboration agreement with marine survey experts Studio Navale Canepa (SNC) of Italy. Together the two organisations are combining expertise and their global…

Maritime Cook Islands Appoints Hastings, Technical Manager

Apr 15, 2016

Maritime Cook Islands (“MCI”), the leading ship registry, has just appointed William Hasting as a Technical Manager serving the European region, and in so doing significantly boosting MCI’s presence in Europe. His appointment takes place with immediate effect…

MHI Establishes MHI Australia Pty. Ltd.

Apr 15, 2016

Today Mitsubishi Heavy Industries, Ltd. (MHI) launched operations at MHI Australia, Pty. Ltd. in Sydney. Creation of the new entity has two overriding ambitions: 1) to strengthen ties with Australia's governmental institutions and economic and industrial sectors…

Logistics News

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Captain Richard Phillips Announced as Guest Speaker at Houston International Maritime Conference

Captain Richard Phillips Announced as Guest Speaker at Houston International Maritime Conference

Argentina will Send First Corn Shipment to China Next Month Since 2023

Argentina will Send First Corn Shipment to China Next Month Since 2023

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