Freeport-McMoRan Inc co-founder James Moffett will step down as chairman and quit its board, months after the miner added two new directors under pressure from billionaire investor Carl Icahn. Freeport said Moffett, who had been appointed chairman emeritus…
APM Terminals Pipavav one of Western India’s gateway ports, in association with Shri Bhagwan Mahavir Viklang Sahayata Samiti (BMVSS), Ahmedabad; SBI Mutual Fund and Shri Somnath Trust successfully organized a camp for the physically challenged individuals of Amreli of Rajula…
China is going after container shipping lines for freight rate abuses. The Chinese Ministry of Transport has fined a total of $65 million on price-fixing charges. The National Development and Reform Commission said in a statement that the…
A recent NOAA study, published in the journal PLOS One, shows “living shorelines” — protected and stabilized shorelines using natural materials such as plants, sand, and rock — can help to keep carbon out of the atmosphere, helping to blunt the effects of climate change…
American pair take advantage of leading contenders’ retirements following wild overnight storm to open up lead on Sunday, reports the Guardian. One in four entrants in the Sydney to Hobart have now retired from the race including favourite…
The Marshall Islands-flagged bulk carrier Odigitria grounded in Delaware river off Grows Terminal in Morrisiville, Pennsylvania. The ship was loaded with scrap, when due to human mistake of the duty officer grounded in a mud shallow. Crews were able to free the 622-foot vessel around 1pm…
Abu Dhabi Ports – the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate ― has signed a contract with Gulf Marine Services (GMS) that will see the creation of a state-of-the-art facility at Zayed Port…
A Chinese naval intelligence ship was spotted off Japan's Boso Peninsula in Chiba Prefecture, Jiji Press reported quoting the Defense Ministry. The vessel did not enter the country's territorial waters, Japan's Defence Ministry said, but…
Mitsui O.S.K. Lines, Ltd. last weekend announced having held a charity event in the company's Head Office cafeteria to help the World Food Programme (WFP)'s school feeding programme.The WFP, which is part of the United Nations system and…
DMCA registers 1,623 marine crafts and issues 2,396 marine crew licenses in 2015 While many sectors of the global maritime market recorded slowdowns in 2015, one area of the Middle East reports impressive growth figures. Dubai Maritime City Authority (DMCA)…
Gulf Navigation Holding PJSC (DFM: GULFNAV), the Dubai-based shipping company, has confirmed the appointment of Parag Jain as the company’s new Chief Executive Officer (CEO). The confirmation is a welcome move as Jain has been serving in the capacity of acting CEO since May of this year…
Crewmembers aboard the Coast Guard Cutter Isaac Mayo repatriated 27 Cuban migrants to Bahia de Cabañas, Cuba, Saturday. This repatriation is a result of two separate migrant interdictions at sea, which both took place Friday, December 18…
Winter is officially here! Today, December 22, 2015, is the winter solstice and marks the start of the winter season. Much of the Arctic will not see any sunlight for the beginning of the winter season, especially today. The winter solstice…
NYK’s Ship Information Management System (SIMS), jointly developed by NYK and the Monohakobi Technology Institute (MTI; head office: Tokyo; president: Makoto Igarashi), has been recognized with Japan’s Minister of Land, Infrastructure, Transport and Tourism Award at the 2015 Eco-Products Awards…
The Shipping Corporation of India Ltd was awarded the Integrated Management System (IMS) Certification at its Head Office at Mumbai on 23rd December, 2015 by Arun Sharma, Chairman and Managing Director of Indian Register of Shipping (IRS)…
