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Airbus Group Sheds its Commercial Satellite Communication Business

Dec 21, 2015

The divestment, which excludes the government satellite communication business, is part of the Airbus Defence and Space strategy announced in September 2014  [Press Release] Airbus Group SE (AIR) signed with French private equity firm, Apax Partners…

Mission to Seafarers Responds to Singapore Strait Tragedy

Dec 21, 2015

Global maritime welfare charity The Mission to Seafarers outlines emergency support work with surviving crew members of the Thorco Cloud – a general cargo vessel which sank in the Singapore Strait after a collision on December 16. The other vessel involved…

BWM Convention Ratified by 47 Countries

Dec 21, 2015

Ballast Water Convention ratifications by Morocco, Indonesia and Ghana welcomed. Entry into force still unconfirmed Ratification of the Ballast Water Management (BWM) Convention by Morocco, Indonesia and Ghana during November 2015 has brought…

DP World London Gateway Hires Head of Commercial Port

Dec 21, 2015

James Leeson starts in role at the UK’s newest deep-sea container port, with Tabare Dominguez promoted to role in Vancouver DP World London Gateway Port has appointed James Leeson to the role of Head of Port Commercial following the announcement…

BSM Opens Mooring Station Training Facility

Dec 21, 2015

Bernhard Schulte Shipmanagement (BSM) announced the opening of its new mooring station training facility, designed to provide seafarers and cadets with experience of this crucial and potentially hazardous area of operations. The facility is based at Subic Bay in the Philippines…

MOL Supports World Food Program

Dec 21, 2015

Mitsui O.S.K. Lines, Ltd. (MOL) announced that it held a charity event in the company’s Head Office cafeteria to help the World Food Program (WFP)’s school feeding program.The WFP, which is part of the United Nations system and the world's…

Fastnet Appoints Non-executive Director

Dec 21, 2015

In line with the Company's strategy to acquire companies or businesses in the healthcare sector, Fastnet has appointed Mr. Harry Stratford as a Non-Executive Director with immediate effect. Harry has over 40 years' experience in the pharmaceutical…

Three Dead, Dozens Missing After Indonesian Ferry Sinks

Dec 21, 2015

Indonesian rescue teams continue their search todau (Monday) for 78 people still missing at sea, after their ferry ran into bad conditions, took on water and sank near Sulawesi island on Saturday night, officials said. Rescuers have pulled…

Black Sea MOU - New Inspection Regime

Dec 21, 2015

Quality ship operations will be rewarded with a reduced inspection burden when the Black Sea MOU launches its new inspection regime on 1 January 2016. The Black Sea (BS) MOU had announced that their new inspection regime, BS-IR (2016), will be in force from 1 January 2016…

Swedish Shipping Joins Fossil Free Initiative

Dec 21, 2015

The Swedish Shipowners Association has expressed its disappointment that shipping was not included in the new climate agreement that was struck in Paris by countries represented at the United Nations Framework Convention on Climate Change. They…

Delay 'Likely' in Opening of Expanded Panama Canal

Dec 21, 2015

The opening of a newly expanded Panama Canal, previously scheduled for April, will be postponed due to cracks detected in the new set of locks that are the centerpiece of the $5.25 billion overhaul, EFE quotes Panama Canal Authority (ACP) head Jorge Quijano as saying…

Dynagas LNG Partners Acquires LNG Carrier

Dec 21, 2015

Dynagas LNG Partners LP has entered into an agreement with Dynagas Holding Ltd to purchase 100% of the ownership interests in the entity that owns and operates the Lena River, a 2013 built 155,000 cubic meter ice class liquefied natural gas carrier…

CMES Orders Six VLCCs at Dalian Shipbuilding

Dec 21, 2015

China Merchants Energy Shipping Co Ltd (CMES)  has firmed up orders to build six very large crude carriers (VLCCs) at Dalian Dalian Shipbuilding Industry Corp for $522 million, reports Reuters. The deliveries of 308,000dwt VLCCs are scheduled between August 2018 and October 2019…

Dozens Rescued at Sea after Abandoning Indonesian Ferry

Dec 20, 2015

Dozens of people with life jackets were found floating in Indonesia's Gulf of Bone on Sunday, some clinging to a fish trap, after abandoning their ferry in rough seas off Sulawesi Island, said officials, adding that two passengers had died…

Panama Sues Italy for Vessel Arrest, Detention

Dec 19, 2015

Panama today filed an application with the International Tribunal for the Law of the Sea in a dispute with Italy regarding the arrest and detention of the MV Norstar, a Panamanian-flagged vessel. According to the application, from 1994…

Logistics News

Port of Brownsville Welcomes Local, Industry Leaders at State Address

Port of Brownsville Welcomes Local, Industry Leaders at State Address

US Sanctions Cuban State Oil Company

US Sanctions Cuban State Oil Company

Los Angeles Adopts $3.4 Billion Port Budget

Los Angeles Adopts $3.4 Billion Port Budget

Spiridon II Livestock Transport Organizer Due in Court

Spiridon II Livestock Transport Organizer Due in Court

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