In the dry bulker business, the market is deteriorating to a new record low due to the imbalance of fleet supply and demand, along with stagnant cargo trade resulting from the slowdown in China’s economy since last fall, says Mitsui O.S.K. Lines…
The anchor chain of 303-foot mega-yacht, the Tatoosh, belonging to Microsoft co-founder Paul Allen has been blamed for destroying a large area of protected coral reef in the Cayman Islands. It destroyed almost 14,000 square foot, or about 80 per cent…
Mitsui O.S.K. Lines, Ltd. has announced that on January 20, 2016, the MOL-operated car carrier TRIUMPH ACE safely rescued a survivor about 80km offshore of Mexico. Details of the rescue follow: At 08:50 (all times in local time) on January 20…
A deal has been brokered to save the historic liner SS United States, with full details scheduled to be announced in New York City on Thursday, February 4, 2016. Once the queen of the express liners, and the fastest, safest and biggest passenger liner in history…
Travelling by ship, whether for trade, exploration or war, has been one of the most important parts of human history. As the global economy progressed and developed, the importance of shipping skyrocketed. While the advent of the car and plane heralded new eras of transportation…
Wilhelmsen Ships Service (WSS) is aiming to consolidate its position within the Ships Agency segment by building stronger agent-customer relationships. By doing so, Frederic Fontarosa believes the firm can offer enhanced efficiency, understanding and value…
2016 marks the 100th anniversary of the Port of Beaumont, a major deepwater port in Southeast Texas. A series of celebrations and public events began October 20th, when the Greater Beaumont Chamber of Commerce presented the port with its Spindletop Award for outstanding corporate citizenship…
Recent reports that some would-be rescuers do not fully understand the legal context of rescue at sea, and may have been deterred from helping people in distress because of possible legal action by local authorities seeking to counter trafficking activity are misplaced…
North P&I Club Warns on Downsides of 'Big Data' on ShipsThere is no question that the era of 'Big Data' -- and all that those two words encompass -- will be transformational in the maritime market for the coming generation. There is no stopping the data trend…
The launch yesterday of the Intelsat 29e, the first of the Intelsat EpicNG high throughput satellites, promises to usher in a new era of 'Big Data' in the maritime sector, among others.The satellite was launched from French Guiana aboard an Ariane 5 vehicle…
Pilbara Ports Authority has commenced evacuating the inner and outer anchorages at the Port of Port Hedland, as a tropical low, 315km from Port Hedland, continues to track toward the Pilbara coast in a southerly direction at six knots. The…
Adani Hazira Port Private Limited (AHPPL), a 100% subsidiary of Adani Ports and Special Economic Zone Limited, had challenged the order dated 8.1.2016 passed by the National Green Tribunal, Pune, inter alia, cancelling the EC 3.5.2013 for expansion of facilities at Adani Hazira Port…
The International Association of Classification Societies is pleased to announce the release of the 2016 edition of its IACS Blue Book.The latest release of the Blue Book package continues to enhance IACS technical support to the shipping industry through our work and investment in technology…
The International Maritime Club presented Meena Mathews, GAC’s Regional P&I Manager for the Middle East, with its Excellence in Marine Claims Management accolade at the IMC Excellence Awards ceremony at the Ocean Blue in Sharjah, UAE, this week…
Using new information not previously available, NOAA Fisheries is expanding critical habitat for endangered North Atlantic right whales to cover its northeast feeding areas in the Gulf of Maine/Georges Bank region and southeast calving grounds from North Carolina to Florida…
