Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by KSO Ciputra Yasmin to construct the land for the Centre Point of Indonesia Project located off the coast of Makassar. The contract value is approximately EUR 80 million…
CMA CGM develops its Ethiopian intermodal service by linking Djibouti to 6 inland key destinations (Addis Ababa, Mekele, Nefas Meewcha, Gibe, Shashemene and Jinga). It also adds 2 strategic calls in Djibouti, the Ethiopian market gateway, on its MEX1 and REX2 services…
In a new white paper, Consolidation in the liner industry, Drewry consider the merits, and pitfalls, of M&A activity within container shipping, but cautioned that strategy needs to be carefully through through. Container shipping remains remarkably fragmented…
The most often quoted reason for consolidation is the reduction in unit costs which can be obtained by an operator with a larger volume of business. The ways in which these reductions can be achieved in practice are discussed in a new white paper…
Singapore-based bulker player Pioneer Marine has terminated five handysize newbuild contracts at Yangzhou Guoyu Shipyard. The leading shipowner and global drybulk handysize transportation service provider announced the following developments…
Scott Bergeron, chief executive of the Liberian International Ship & Corporate Registry (LISCR), says companies need integrity, regard for the value of people, a commitment to technological innovation and an understanding of the value of customer…
Mathey Dearman has announced the addition of Daniel Bartyzel to their extended sales team. Bartyzel joined Intermountain Marketing Group as an Outside Sales Representative and will be responsible for accounts in New Mexico and Colorado…
Spinnaker Global and the Institute of Marine Engineering, Science and Technology (IMarEST) have announced a partnership to support the professional development of engineers working in the maritime sector within Asia Pacific. The partnership…
Esben Poulsson, President of the Singapore Shipping Association and Vice Chairman of the International Chamber of Shipping, spoke at the CMA Shipping conference on the topic of ‘Defining the Successful Shipping Enterprise of the Future - What…
Hiab, part of Cargotec, invites the world's best crane drivers to compete in the World Crane Championships 2016. The competition has now started and the first qualification round took place on 16 March in Madrid, Spain where Carles Amils Xampro…
Genoil Inc. (GNOLF), the publicly traded clean technology engineering company for the petroleum industries, today announced the appointment of BLUE Communications Ltd, a leading communications and business consultancy specializing in the marine…
The world's largest cruise line Carnival Corp. will be the first cruise company in more than five decades to sail a U.S. cruise ship to Cuba. Cuba has granted Carnival approval to travel there beginning May 1. Carnival, which is led by St…
The United States’ Ohio-class guided-missile submarine USS Ohio (SSGN-726) arrived in Subic Bay on Tuesday, March 22, as part of its deployment to the Western Pacific. Ohio is the second submarine to dock in Subic, a former American naval base…
The shipping industry saw its safest year in a decade in 2015, according to a new report from Allianz Global Corporate & Specialty (AGCS), though 85 total losses reported worldwide last year, down from 88 in 2014 and well below the 10-year average of 123…
The shipping industry’s reliance on interconnected technology also poses risks,according to Allianz Global Corporate & Specialty SE’s (AGCS) fourth annual Safety and Shipping Review 2016, which analyzes reported shipping losses of over 100 gross tons…
