An Indian court on Monday sentenced crew members of a private American ship, including 25 foreigners, to five years in prison for illegal possession of arms in Indian waters in a verdict that could spark diplomatic tension.The crew, which included foreign nationals from Ukraine…
Philly Shipyard ASA (Oslo: PHLY) announced that Jim Miller has been nominated to be Chairman of the Board of Directors of Philly Shipyard. Mr. Miller previously held this role from 2011 until 2014. This nomination is expected to be approved at an extraordinary general meeting on February 1…
French liner giant CMA CGM has acquired last week a total of 2.26 million shares in Neptune Orient Lines (NOL), six months before it is scheduled to make good its S$3.4 billion takeover bid for the Singapore-listed liner, reports Business Times…
CMA CGM has announced that a new direct EB call at Shanghai, the first container port in the world, is to be introduced on the rotation of its FAL 1 service ex-North Europe. Starting in Southampton on January 11th, 2016 with m/v CMA CGM KERGUELEN voy…
The surge of piracy in South-East Asia waters continues as ships passing the Straits of Malacca and Singapore are falling victim to acts of piracy, says Clyde & Co. Whilst Singapore, Indonesia and Malaysia operate anti-piracy patrols in the area…
Oceans Beyond Piracy (OBP) remains committed to three priority areas that will guide our efforts in the coming year, says a press release from the company. First - a comprehensive solution to maritime piracy requires an inclusive, long-term approach…
U.S. Pacific Fleet Commander, Admiral Scott Swift questioned the motive behind China deploying submarines for anti-piracy operations in the Indian Ocean, reports PTI. The comments come in the backdrop of India’s growing concerns over rapid…
The reduction in the new 2016 Worldscale flat rates of Very Large Crude Carriers (VLCC) has led to spot rates increasing as owners look for equivalent 2015 returns, says tanker market assessments from the Baltic Exchange. Thus we are now seeing rates for long east of around WS 107…
The Coast Guard is urging people to use extreme caution when venturing onto the ice across Lake Superior, St. Marys River, and the northern parts of lakes Michigan and Huron with the forecasted rain and snow predicted this weekend.The…
An ailing fisherman was medevaced by U.S. Coast Guard aircrews Thursday roughly nine miles west of Winchester Bay, Oregon. The man, reportedly suffering from a seizure, was hoisted from fishing vessel Hecate by an MH-65 Dolphin helicopter…
Marathon Petroleum Corp. (MPC) announced the retirement of Richard D. Bedell, senior vice president of Refining, effective March 1. Raymond L. Brooks, currently general manager of MPC's Galveston Bay refinery in Texas City, Texas, will replace Bedell…
Press release - The North American Maritime Ministry Association is launching a new project aimed at enhancing the ability of traditional shore-based seafarers’ welfare agencies to connect with seafarers’ using innovative digital tools. Supported by The Mission to Seafarers…
JDR said that James Young will take up the role of Chief Technology Officer with effect from 1st February 2016. In his prior role as Engineering Director, Young led the attraction and development of JDR's engineering talent for many years…
A consortium of Japanese shipyards decided to sell its stake of Ecovix, which controls the Rio Grande Shipyard, reports Reuters. Mitsubishi Heavy Industries, four other shipbuilders said in October 2013 acquired 30% of Ecovix-Engevix Construcoes…
After a decade-long boom, there were zero new orders globally for jack-up rigs last year on account of the current oil downturn. Singapore's largest rig builders finding it difficult to navigate safely, reports The Straits Times. With oil prices swooning…
