JFD, the leading global subsea operations and engineering company, part of James Fisher and Sons plc, has today announced the launch of its new Compact Bailout Rebreathing Apparatus (COBRA) for commercial divers, as a direct response to the…
After two previous successful motorcycling and boating events in 2013 and 2015, organizers of the Boaterz N’ Bikerz of America Hull of a Tour are back this summer for “Pacific Coast Rush,” a nine-day escorted motorcycle ride from Seattle to San Francisco…
Neptune Orient Lines (NOL), the parent of containerline, APL, narrowed its fourth-quarter loss to US$75.45 million as the shipping company cut costs amid ongoing weakness in the industry. For the full year, NOL swung to a net profit of US$707…
CMA CGM acquisition target Neptune Orient Lines (NOL) has made all necessary anti-trust filings and expect that the approvals will come sometime in the middle of 2016. NOL group president and chief executive Ng Yat Chung said NOL, which…
CMA CGM Vice-Chairman Rodolphe Saadé confirmed talks between the French container shipping line and potential partners regarding the future of its alliances, says WSJ. Saadé told the Journal that “we are becoming a larger shipping line…
The German shipping line Hapag-Lloyd posted an operating profit of €366m ($406m) in 2015 compared with a loss of €382m a year earlier. The ocean carrier, which merged with the container arm of Chile’s CSAV in late 2014, reported revenue of $9…
The Sustainable Shipping Initiative (SSI) is calling on the wider industry to embrace new finance models to fund clean tech upgrades and back calls for a new international framework for tackling shipping emissions. SSI has announced the…
A runaway container vessel which was involved in a hit and run accident with two other vessels was seized by the Malaysia Maritime Enforcement Agency (MMEA) DM 7 Tanjung Sedili District in the waters of Tanjung Ramunia. The accident, which…
The feud among the scions of late billionaire Evergreen Group founder Chang Yung-fa's family boiled to the surface, reports local Taiwanese media. The struggle between the heirs to Evergreen Group has escalated as the three older brothers…
Satellite images show China may be installing a high-frequency radar system in the Spratly Islands that could significantly boost its ability control the disputed South China Sea, a U.S. think tank reported on Monday. The Asian Maritime…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced that it has kicked off its 2016 scholarship season. Accepting applications until March 15th, children…
Traditionally, Italy’s location and coastal development have continued to ensure the country a flow of income from its role as a strategic European hub in what has come to be known as the new “maritime century.” The country boasts of having the largest ferry fleet…
The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) is seeking nominations for the newly-created Port Performance Freight Statistics Working Group. The working group, mandated by the Fixing America’s Surface Transportation (FAST) Act…
Cathelco have submitted a Letter of Intent to the U.S. Coast Guard verifying readiness to begin testing their ballast water treatment (BWT) system for Type Approval.The tests will be carried out under FDA/CMFDA methodology where life forms are judged as living/dead…
The International Maritime Rescue Federation (IMRF) is to strengthen the capacity and effectiveness of the Hellenic Rescue Team (HRT), an IMRF member organization which is constantly rescuing migrants in the Aegean Sea. The IMRF will do this…
