International dry bulk shipowners seem only to scrap ships aged 18 years or older. While a couple of Chinese owners have scrapped ships that were even younger than that. 19 ships out of 28 ships built in 1998 to 1999 and demolished between…
The meeting of the Scientific and Technical Council (STC) Presidium of Russian Maritime Register of Shipping (RS) was held on 15 December 2015.The STC is one of the crucial components to ensure the RS activity on rendering the wide range…
Shipbuilder Austal on Wednesday welcomed the Australian Minister for Defense, Senator Marise Payne, to Austal’s Western Australian shipyard for a look at the company’s naval vessel design, construction and sustainment capabilities. The Defense Minister’s delegation…
Tracey Haslam, president of Harris CapRock Communications, has been elected to serve on the Global VSAT Forum’s (GVF) Board of Directors. The GVF Board leads the association as it continues to create greater awareness of the commercial, economic…
A Nautical SoleMr. Sam is many things. He’s forever a Coast Guard chief, a cutterman by trade and a chief warrant officer by choice, but above all he’s a shipmate for life. Known by those who work with him as Mr. Sam, Chief Warrant Officer…
BMT Isis, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has announced the appointment of Barry Flower as Marketing and Sales Director. Flower has 25 years of experience in the…
Schmidt Ocean Institute’s research vessel Falkor returns from the first ever expedition to systematically characterize the rarely explored Mariana Back-Arc.HAGANTA, GUAM – A diverse team of scientists are returning from a 28-day expedition…
The Company responds to news that CEO Bruno Chabas and member of the Supervisory Board Sietze Hepkema appear on a list of (former) Petrobras executives, former sales agents and (former) SBM Offshore executives who may be prosecuted in Brazil in relation to a corruption scandal…
The port of Antwerp is on course to handle more than 200 million tonnes of freight this year for the first time ever. And in container transhipment too a new record has been set, with more than 9 million TEU (twenty-foot equivalent units…
Military veterans will soon have another outlet to channel and share their experiences, on a restored wooden yacht in California, thanks in part to GAC worldwide.The GAC Group’s five regions have donated to support the Wooden Boats For…
Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, says Castrol Marine Trade Barometer…
Marine petroleum transportation specialist Latvian Shipping Company (LSC) hopes to raise EUR 80 million via an initial public offering (IPO) on the Riga Stock Exchange in the first half of 2016. The Supervisory Council of LSC has supported…
A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreement between shippers, charterers and carriers. Under Article III Rule 3 of the Hague/Hague Visby Rules after receiving the cargo…
On 13 December 2015, there was a fire and explosion at the STEMA grain terminal in Matola, part of the Maputo port complex in Mozambique. Police authorities in Mozambique have said the death toll from the fire has risen to 15. As a result of the fire…
MSC Cruises, the Geneva-based global cruise line, has unveiled ambitious plans to create an unprecedented exclusive marine reserve island experience in the Bahamas. As one of the most ecologically conscious cruise lines in the world, the…