State-owned shipping giants China Ocean Shipping Co. (Cosco Group) and China Shipping Group (CSG) are in advanced negotations on combining their container shipping businesses, reports WSJ. Rumors of a merger deal between the two have been floating for half a year…
The world's commercial fleet grew by 3.5 percent during the 12 months to Jan 1, 2015, the lowest annual growth rate in over a decade, the United Nations Conference on Trade and Development (UNCTAD) reveals on Wednesday in its Review of Maritime Transport 2015…
As the global community commits to the new Sustainable Development Goals and gears up for a new international climate policy agreement, the UNCTAD Review of Maritime Transport 2015 highlights the role of freight transport, including maritime transport…
The 2015 Review of Maritime Transport, published by the United Nations Conference on Trade and Development (UNCTAD), underscored the role of maritime transport in helping implement a workable international sustainable development agenda. The…
Domestic glut prompts Lithuania government to consider selling-off surplus gas supplies, reports Reuters. Lithuanian LNG importer Litgas could be about to start re-exporting LNG bought. Lithuania opened an LNG import terminal in 2014 and…
J.B. Hunt Transport Services, one of the largest transportation companies in North America, reported increased profits in the third quarter as demand grew for transporting shipping containers. The company reported third-quarter earnings of $115…
Greece's cash-strapped government is proposing to end increase taxes m the country's key shipping sector in order to boost revenues, but some shipping owners are threatening to move their ships abroad as a result, says a report in BBC. The…
A newly introduced statistical feature on the Paris MoU website, parismou.org, grants access to the region’s vessel inspection results. “It is important we communicate about the results of our efforts to prevent sub standard shipping,” said Richard W…
The Cruise Industry’s First-Ever American Female CaptainContinuing Celebrity Cruises’ dedication to advancing the role of women in leadership, Captain Kate McCue’s elevation to command of the Celebrity Summit– a 91,000-ton, 965-foot ship follows that of Lisa Lutoff-Perlo…
There are probably few industries that experience more dramatic up and down cycles than the collective businesses of energy exploration, production and transportation. If so, then one of those that do is shipbuilding. That’s because the most…
A lawyer for the family of a missing crew member from the El Faro cargo ship, which sank off the Bahamas in a hurricane two weeks ago, said he filed a $100 million lawsuit on Wednesday against the owners of the ship. The lawsuit on behalf of the estate of Lonnie Jordan…
Videotel, an international provider of e-Learning maritime training solutions and a company of KVH Industries, Inc., has launched its latest Videotel on Demand (VOD) release, which includes a total of 59 e-Learning courses – 37 new, 22 updated…
Ocean Time Marine informs it has added to its suite of safety management tools with a new vessel content management system, the Ocean Time Marine Dashboard and a suite of paperless safety document packs.These tools aim to provide simplified…
The 3rd annual Chief of Defence Force Women in Defence conference in Canberra has reaffirmed Defence's ongoing commitment to improve gender diversity across the organisation. Themed ‘Our People and Capability’, the two day conference…
APM Terminals Pipavav (Gujarat Pipavav Port), one of western India’s fastest growing gateway ports has been awarded the Inland Container Depot (ICD) Preferred Terminal of the year at the 4th edition of the Gujarat Star Awards held in Ahmedabad…
