The Ministry of Shipping, India will showcase all its investable opportunities to domestic and global investors in the first-ever Maritime India Summit (MIS) to be held in Mumbai from April 14-16, 2016. The 200 projects comprise 20 projects…
COSCO Corporation (Singapore) Limited has posted net losses of S$570 million for FY2015, compared with the earnings of S$20.9 million in FY2014. The company is hurt by writedown of inventory and possible non-payment by some of its customers…
Shreyas Shipping & Logistics Ltd reported weak set of earnings in its third quarter earnings on Friday. Net profit fell a staggering 88 percent to Rs 2.77 crore year-on-year (YoY) and EBITDA margins dipped 17.4 percentage points to 6.4 percent (YoY)…
ABS reports that it has centralized its global Marine strategic planning, client development, and product and service offerings to deliver enhanced classification services and joint technical projects. Effective Feb. 15, 2016, Dr. Kirsi Tikka…
Holland America Line has appointed Margaret Durante to the position of vice president, human resources. In this newly created role she will lead the company’s human resources department in enhancing the employee experience. She also will have…
APM Terminals Mumbai became the first Indian container terminal to go paperless by providing shipping lines electronically with the required Export Form 13 for export containers entering the terminal by truck. Building upon the success of the Export e-Form 13…
* Movie highlights tragedy of migrant crisis* Filmed mainly on Italian island of Lampedusa* Interleaves lives of islanders with refugees* Film competing for top prize at Berlin festivalBy Michael RoddyBERLIN, Feb 13 (Reuters)…
BRP’s Rotax Intelligent Shift and Throttle (iST) system was recognized by the National Marine Manufacturers Association (NMMA) with an Innovation Award in the Jet Boat category at the 2016 Miami International Boat Show.The game-changing…
Holland America Line has appointed Denella Ri’chard to the position of director, trade communication and engagement. In this newly created role she is responsible for supporting travel agent partners worldwide, with particular focus on the United States and Canada…
The Defense Advanced Research Projects Agency (DARPA) will launch in April a sleek, 132-foot warship from Portland, OR, testing its abilities over a succeeding period of 18 months. The ship is entirely autonomous, fully operational without an onboard crew…
The first tourist submarine in Turkey is waiting to be sent on a voyage that will reveal the wonders of the undersea world of the Mediterranea. The first submarine tours are planned in April and no doubt they will be interesting and unforgettable for tourists and locals…
Canadian Environmental Assessment Agency (CEAA) has ruled that Pacific NorthWest LNG’s project in British Columbia would likely harm harbour porpoises and contribute to climate change, but the export terminal could be built and operated without causing major ecological damage…
Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW. In June 2014, the companies entered into a contract with Ocean…
UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp. (NS). UPS' thumbs-down has dealt a severe blow to CP's $28 billion bid to acquire U…
DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations. The company is seeking to invest in expansion of brownfield terminals…
