Latest News - page 1374

 

Highest Officer in US Navy Bribe Scheme Sentenced to 46 Months

Mar 28, 2016

A federal judge in San Diego on Friday sentenced a U.S. Navy captain caught in a $30 million bribery scandal to 46 months in prison, bringing to a close the case against the highest-ranking officer in the fraud scheme. Captain Daniel Dusek…

China Cosco Shipping to Maintain Alliances until Expiry

Mar 28, 2016

China Cosco Shipping plans to retain its current container alliances until they expire, after which it plans to sign a new deal, it said on Monday. The group's spokesman, Yu Zenggang, did not say when the current alliance agreements were due to expire…

Rep. Conaway Tours Newport News Shipbuilding

Mar 28, 2016

Huntington Ingalls Industries (HII) hosted Rep. Mike Conaway, R-Texas, for a tour of the company’s Newport News Shipbuilding division. The visit provided an opportunity for Conaway to meet shipbuilders and see the progress being made across Newport News’ ship construction programs…

COSCO Sets "Ship Repair Quality Standards"

Mar 28, 2016

March 24, the national standards prepared by the COSCO Shipyard led - 'Chinese ship repair quality standards' by the review of the national marine vessel Standardization Technical Committee ten third annual meeting, marking the first Chinese…

Evolutionary Carrousel RAVE Tugs Under Construction

Mar 28, 2016

In cooperation with R. Allan Ltd. (RAL) and Novatug B.V., Voith participated in the development of a new tug. The Carrousel RAVE Tug (CRT) is characterized by a towing winch on a ring. This ring can rotate freely around the tug's deckhouse – a unit referred to as the 'Carrousel Towing System'…

ICS Deliberate on “Legal Issues relating to Shipping & Ports”

Mar 28, 2016

ICS, East India Branch conducted conference on Legal matters pertaining to Maritime Sector prior to joining hands with M/s Hinode Events a Knowledge Partner to serialise this an Annual Conference on Legal Maritime Legal matters. The Branch takes…

Sick Man Medevaced from Block Island, RI

Mar 28, 2016

A Coast Guard crew from Station Point Judith and Narragansett Fire and Rescue emergency medical technicians medevaced a 35-year-old man suffering from possible internal bleeding Friday night from Block Island, Rhode Island.At approximately 6:30 p…

FESCO Trans-Caspian Service Links Russia and Iran

Mar 28, 2016

FESCO Transportation Group, in cooperation with the Maritime port of Olya, is launching the Trans-Caspian intermodal service FESCO Russia Iran Service (FRIS), to carry out freightage between Russia and Iran.The service includes shipping over the Caspian…

Hapag-Lloyd Back in Black

Mar 28, 2016

German container shipping group Hapag-Lloyd has reported a net profit of €114 million ($127.5 million) on revenue of €8.8 billion for 2015 – a turnaround from a loss of €604 million on revenue of €6.8 billion the previous year. The firm…

Boxer Leaves Hong Kong

Mar 28, 2016

Amphibious assault ship USS Boxer (LHD 4) and the 13th Marine Expeditionary Unit (13th MEU) pulled anchor and departed Hong Kong after completing a five-day port visit, March 25. The Boxer Amphibious Ready Group, 13th Marine Expeditionary…

Adani Offers Dhamra LNG Stake to IOC, GAIL

Mar 28, 2016

Adani Group has offered 49% stake in its Rs. 5,000-crore ($750 million) Dhamra liquefied natural gas (LNG) project in Odisha to the state-owned oil and gas companies GAIL India and Indian Oil Corporation (IOC), according to a PTI report.   The…

Hyundai Merchant Heading for Bankruptcy ?

Mar 28, 2016

A bankruptcy of Hyundai Merchant Marine (HMM) would become the biggest ever in the shipping sector, and the creditors seem on the way to taking over control with the shipping group. Without further government support, bankruptcy is growing…

Drunk Captain Grounds Ship in German Port

Mar 28, 2016

Dutch vessel 85-metre (279ft) long cargo ship the Abis Bergen has been towed free after running aground and blocking the entrance to the German port of Rostock.  The ship's captain reportedly caused the accident while under the influence of alcohol…

Sri Lankan Minister Visits Goa Shipyard

Mar 28, 2016

Sri Lanka's Minister of State for Defence Ruwan Wijewardene  visited the Goa Shipyard Limited (GSL) at the Vasco town, located around 40 kms from Panaji in India and inspected Sri Lankan ships under construction, the Press Trust of India reported…

Cyprus Pushes Through Limassol Port Privatisation

Mar 28, 2016

The Cyprus government managed to push through parliament legislation finalizing the privatization of commercial operations at the island's primary Limassol port despite lacking a majority in parliament, reports Famagusta Gazette. 27 deputies…

Logistics News

Mitsui OSK: Shipping in the Gulf Continues, Closely Monitoring Situation

Mitsui OSK: Shipping in the Gulf Continues, Closely Monitoring Situation

Marine Fuel Sales at Fujairah Port Hit Three-Month Low

Marine Fuel Sales at Fujairah Port Hit Three-Month Low

ContainerWheels 2-in-1: Patented System Aims to Simplify Container Handling

ContainerWheels 2-in-1: Patented System Aims to Simplify Container Handling

Shipbuilding: ONE Singapore Joins the Fleet

Shipbuilding: ONE Singapore Joins the Fleet

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