Jiangsu Hantong Ship Heavy Industry Co.,Ltd. (HT) has signed 4+2 115,000DWT Aframax Oil Tankers contract with Cardiff Marine. The Chinese shipbuilder said the tankers will be designed by Shanghai Merchant Ship Design & Research Institute (SDARI)…
Industry analyst Drewry believes that the proosed merger between Chinese state-owned companies, Cosco and China Shipping Container Lines (CSCL), could cause a domino effect on existing carrier alliances and further carrier mergers in Asia damaging to industry competition…
A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday for corruption and money laundering related to a bribe allegedly paid to the speaker of Brazil's lower house of Congress…
Owners, operators, masters, senior officers and all others on board a tanker ships have a responsibility to comply with good and correct tanker practice, including all proper safety and operational standards. Oil Tankers – A Pocket Safety Guide…
The scholarships aim to nurture young talents in the shipping industry. Sailors’ Society awarded its MaritimeONE Scholarships at a ceremony held at the Conrad Centennial Singapore Hotel on August 13. Amalina Aidal for the Diploma of Nautical Studies…
Trelleborg’s marine systems operation has launched two new webinars discussing the current state of the port environment, and the opportunities arising for facilities looking to take steps toward more strategic investment and supplier support…
India's Gangavaram Port Limited said it has distributed 710 school bags to students of different schools including Zilla Parishad High School-Gangavaram, Gangavaram Elementary School & Yetapalem Elementary School.The distribution of school bags was done by Sri Palla Srinivasa Rao…
Drydocks World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, informs it has serviced a record number of 40 vessels in its Dubai yard. With 40 vessels simultaneously in Drydocks World facilities—more than ever before in Drydocks World’s history—the 9…
Classification society ClassNK has opened a new exclusive survey office in Brunei with operations beginning today. Brunei is located in Borneo which faces the South China Sea. Together with its neighboring Malaysia, Brunei is a key port on the maritime transportation route due to its location…
MacGregor, part of Cargotec, has been contracted by Chinese shipbuilding group Yangfan to deliver comprehensive RoRo access equipment packages for a series of five post-Panamax 7,800 CEU pure car/truck carriers (PCTCs). The vessels are under construction for Italian operator Grimaldi Group…
Havyard Group ASA is taking further measures to adapt to the market situation and maintain the Group's profitability, thereby securing jobs for the futureAll business areas in Havyard Group have been affected to a varying degree by the general downturn in the market in the oil industry…
Nautilus announces that the contract for the vessel integrated control system (including dynamic positioning and navigation systems) to be used on the Company's Production Support Vessel (PSV), has been awarded to Kongsberg Maritime, located in Norway…
How do you get an aircraft in the far reaches of the Arctic Ocean to the goal, if the compass does not provide reliable location data? Engineers aboard the research icebreaker Polarstern of the Alfred Wegener Institute programmed a Multikopter so that he can navigate near the North Pole…
Maersk Line reported a first half-year 2015 (H1) result that is USD 220 million higher than H1 2014. This was achieved due to lower costs.Revenue in H1 was USD 12,517 million, which is 6.8% lower than H1 2014 (USD 13,365 million). Volumes were 1…
The depreciation of the Chinese currency will help both international and domestic shipping operators in the region that have been stuggling of late with growing costs and rising competition, says Maersk. Xinhua quoted Tim Smith, chairman…
