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…
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…
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 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…
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…
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 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…
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…
Commander, U.S. Fleet Forces Command Adm. Phil Davidson announced the 2015 USFFC Fleet Sea and Shore Sailors of the Year during a ceremony hosted by the Hampton Roads Navy League at the Sheraton Waterside in Norfolk, March 24.Aviation Boatswain's Mate 1st Class (AW/SW) Tinisha Franklin…
Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the MOL Benefactor. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., is Seaspan's ninth 10000 TEU SAVER design containership and first delivery in 2016…
The Navy announced March 25 that all primary objectives for Ice Exercise (ICEX) 2016 have been met and the breakdown of Ice Camp Sargo is underway.'The objectives of demonstrating presence, gaining additional Arctic operational experience…
The Port of Gothenburg has appointed a new Harbour Master – Åsa Kärnebro. Åsa has been deputy Harbour Master at the Port of Gothenburg since 2010. In her new position she has identified a number of ways to further strengthen the port's competitiveness…
The DHS Maritime Security Center (MSC), led by the Stevens Institute of Technology, announces a competitive research opportunity to address challenges in maritime cyber security.This effort invites qualified researchers to propose projects…
The Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) called at the port of Antwerp with one of its ships this week, for the first time since economic sanctions were lifted. The honour of being the “first” Iranian ship…
Adani Kandla Bulk Terminal Pvt. Ltd. (AKBTPL), part of Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer, today announced it had clocked minimum guaranteed throughput (MGT) cargo volume of 3.5 million tonnes (MT)…