Russia has built a giant military base in the far northern Arctic where 150 soldiers can live autonomously for up to 18 months, AFP quotes the Defence Ministry as saying. The building erected on the large island of Alexandra Land, which is part of the Franz Josef Land archipelago…
For shipping companies operating in emission control areas (ECAs), liquefied natural gas (LNG) represents an attractive bunkering alternative. 'The lower cost of LNG bunker fuel than other variants of ECA-compliant fuels in Europe and…
In a bid to prepare for the lift of economic sanctions placed on the country, Iran has unveiled a $120 billion fleet expansion campaign. Mohammad Saeidi, Head of the Islamic Republic of Iran Shipping Lines (IRISL), said that the company seeks to purchase 579…
The EU Commission has accepted a comprehensive rescue plan for the German shipping bank - HSH Nordbank - which will offload approximately USD 7 billion of its troubled assets back onto the government and privatize. The bank's owners, which bailed out HSH in the financial crisis…
United Arab Shipping Company (UASC) has received the ‘Environmental Responsibility’ award and ‘The Shipping Company of the Year’ award at this year’s Seatrade Maritime Awards for Middle East, Indian Subcontinent and Africa. UASC’s Chairman H…
The Northern Territory (NT) Government in Australia announced the successful bidder for the Port of Darwin – Landbridge Group, based in the People’s Republic of China. Chinese privately owned energy and infrastructure conglomerate Landbridge…
DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia. The contract marks INPEX’s commitment to continue working with DNV GL as it prepares…
EMC has appointed several established executives to its global leadership team to further enhance its delivery of mission-critical communications and content to top organizations around the world.EMC has appointed Tom Severson as chief financial officer (CFO)…
GAC is strengthening its strategic focus on the Asian Pacific energy sector with the appointment of Lailah Soon as Regional Business Development Manager, Oil & Gas.Soon has more than a decade of experience in the oil & gas logistics sector in Singapore…
In Singapore, senior executives from Italy's La Spezia Container Terminal - Contship Italia Group will kick off a tour of key cargo hubs across south east and east Asia today to raise awareness and promote the benefits of La Spezia Homeport…
Dryad Maritime released its Q3 trends and analysis of global maritime crime showing a stark rise of 38% of incidents across Southeast Asia, when figures are compared to the first nine months of 2014. The apparent impunity of maritime gangs operating…
The WTO received the 50th ratification of the Trade Facilitation Agreement (TFA) after the former Yugoslav Republic of Macedonia deposited its instrument of acceptance on 19 October.Concluded at the WTO’s 2013 Bali Ministerial Conference…
Compromising the cyber integrity of the network threatens every user and every system on your ship or in your building. Violating security best practices, circumventing security policies, carelessness and falling victim to social networking…
Peter Livanos-backed Monaco-headquartered owner and operator of liquefied natural gas (LNG) carriers GasLog Ltd. has completed a USD 1.3 billion credit facility with fourteen international banks to finance the construction of eight 174,000 cbm newbuilds…
APM Terminals is preparing an expansion of the Moin Terminal in Costa Rica's cooling export facilities. Six new STS cranes and 29 RTG cranes to operate the deep water port of Moin Container Terminal, which opens in 2018. The Port of Moin is 18 meters deep docks…
