China has confirmed it is building a second aircraft carrier in a move that is likely to further inflame tensions with its regional rivals over the South China Sea. Beijing wants to exert its presence in the South China Sea, after complaining of “provocations” from the US…
In an unprecedented endeavour, the ship manager Reederei NSB is widening its Panamax-class container vessels. DNV GL, the class in charge, is on board, says a report in DNV GL, Maritime Impact. Too young for scrapping, too old to compete…
When a ship is sent to die, 95 per cent of its components live on. But the safety and sustainability record of ship recycling yards could be improved. MARITIME IMPACT explains how EU regulations aim to achieve this. Every year up to 1,500…
Shipping containers are defined as containers that facilitate the transport and carriage of goods without the need to unload and/or reload the cargo at intermediate points. These containers are large rectangular boxes made of a special…
China's state-owned shipbuilder Zhoushan Wuzhou Ship Repairing & Building Co. Ltd (ZWSRB) is first government-backed shipbuilder to go under since sector started having problems last year. Zhoushan Intermediate People's Court said it…
Houston-based Cheniere Energy Inc has began production at what will become the first U.S. terminal to export natural gas from shale formations. It has officially flipped the switch at its liquified natural gas (LNG) export terminal in Louisiana…
Crowley Maritime Corporation recently awarded Thomas B. Crowley Sr. Memorial Scholarships to four seniors studying at the University of Washington’s (UW) Michael G. Foster School of Business. The students, Joshua Banks, Kainen Bell, Maninder Grewal and Xuan Liao…
The Board of Directors of Stolt-Nielsen Limited announced the passing of Christer Olsson, Chairman of the Board. He was 70. Mr. Olsson had served as a Director of the Company since 1993, and as Chairman of the Board since December 15, 2009…
The South Korean government will create a US$1.2 billion ship investment fund to aid the shipping industry which has been struggling due to decreasing global trade. A report by South Korea's Yonhap News Agency said the fund will help shippers buy and sell vessels with less financial risk…
The total production value of China's maritime industry grew by an average of 8.4 percent annually from 2011 to 2014, representing over 9.3 percent of the GDP each year, reports China's official media. During the same time frame, the industrialized utilization of ocean water had accelerated…
The Ministry of Shipping has taken many proactive and progressive interventions in the areas of shipbuilding, port development, inland waterways and coastal shipping this year for the development of the maritime sector in the country. The key initiatives includes Sagarmala Project…
Promoting ease of doing business has been at the core of the efforts of the Ministry during the year. Focus has beenonsimplifying procedures by removing irritants that make it cumbersome to carry on business smoothly. The major highlights…
For the development of maritime sector in the country, India has rolled out some important projects and signed MoUs, asscording to the Ministry of Shipping. India signed an MoU with Iran for developing Chahbahar Port. An SPV, Indian Ports…
Detailed insights and analysis of the global market for LNG bunkering fuel have been included in a new market research report recently published by Transparency Market Research (TMR). The report includes an analysis of market’s historical…
Recent developments in the United States suggest that cybersecurity of the maritime sector will come under increasing focus in 2016, says Hogan Lovells. On December 16, 2015, H.R. 3878, “Strengthening Cybersecurity Information Sharing and Coordination in Our Ports Act of 2015…
