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US Seizes 'Narco Sub' with 8 Tons of Cocaine

Jul 23, 2015

U.S. authorities have seized a submarine-like vessel loaded with more than seven tonnes of cocaine off the coast of El Salvador, the Guardian reports. U.S. Navy, Customs and Border Protection and Coast Guard personnel took part in the operation…

Intertanko Protests Nigeria Tanker Ban

Jul 23, 2015

Intertanko has issued a strong protest against Nigeria's decision to ban 113 tankers from its coast. Nigeria's state oil company NNPC has recently banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari…

Shanghai Rolls out Green Port Plan

Jul 23, 2015

The Port of Shanghai is aiming to reduce energy consumption per handling capacity unit by 7 percent in 2017 compared to 2010, the city’s transport commission said.  It is aiming to cut carbon dioxide emissions by 9 percent compared with 2010…

Shippers Demand Probe of Abandoned Calabar Port Dredging

Jul 23, 2015

The Nigerian Shippers Council (NSC) in Cross River State has urged President Muhammadu Buhari to probe the N20 billion contract awarded to Calabar Channel Management (CCM) for dredging Calabar Port by former President Goodluck Jonathan.  The…

Direct Cambodia-China Cargo on Course

Jul 23, 2015

Two Chinese shipping giants are likely to sign agreements with Cambodia's Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, Xinhua reported. Both Cosco and China Shipping are…

Hanjin to Support Smart Shipping

Jul 23, 2015

Hanjin Group opened its creative economy innovation center in Incheon on Wednesday, hoping to develop the city into a distribution hub of Northeast Asia utilizing advanced shipping technologies.  As part of the center, Hanjin created a fund worth 159 billion won ($138 million)…

Star Bulk Adds Three Vessels

Jul 23, 2015

Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius…

Port Infrastructure Projects Underway in Virginia

Jul 22, 2015

U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods U.S. Transportation Secretary Anthony Foxx today joined Virginia Gov…

Plans to Restore UK Shipbuilding Welcomed by Union Groups

Jul 22, 2015

Reports that businessman Jim McColl, who purchased the Ferguson Marine Yard last year, plans to resurrect commercial shipbuilding on the lower reaches of the Clyde have been welcomed by organizations such as GMB Scotland and the Confederation of Shipbuilding & Engineering Unions (CSEU)…

Debates to Emphasize Seafarers’ Welfare

Jul 22, 2015

Maritime charities unite to highlight seafarers’ rights during London International Shipping Week Four benefiting charities of London International Shipping Week (LISW15) have collaborated to put on an afternoon of debate on the latest issues in maritime welfare…

Halliburton Seen Facing Antitrust Issues on Baker Hughes Deal

Jul 22, 2015

Oilfield services provider Halliburton Co's acquisition of smaller rival Baker Hughes Inc is facing resistance from U.S. regulators who are concerned that the deal could hurt competition, Bloomberg reported. Justice Department lawyers reviewing…

Seatronics Names Group QHSE Coordinator

Jul 22, 2015

Seatronics Ltd. has appointed Joanne Keilloh as the group’s new coordinator for quality, health, safety, environment (QHSE).  Based in Aberdeen, Keilloh will lead the QHSE function within the Seatronics Group and Acteon sister company, J2 Subsea…

DHT Holdings Changes Dividend Policy

Jul 22, 2015

Crude oil shipper DHT Holdings, Inc. announced it has changed its policy regarding dividend and capital allocation.As a result of the current tanker market, DHT’s new plan will see the company return at least 60 percent of its ordinary net…

New Standard for Offshore O&G Project by DNV GL Led JIP is Cost Saving

Jul 22, 2015

Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI)…

Argentinian Center Installs Engine Room Simulator

Jul 22, 2015

Buenos Aires, Argentina. Transas Marine has delivered its leading Engine Room Simulator ERS 5000 TechSim to the Center for Marine Engineer Officers and Chief Engineers in Buenos Aires, Argentina.The Center for Marine Engineer Officers…

Logistics News

Bulk Carrier on Fire After Russian Attack

Bulk Carrier on Fire After Russian Attack

Brazil to Auction Santos Container Terminal in Early March

Brazil to Auction Santos Container Terminal in Early March

California Ports Elect Dr. Noel Hacegaba as New President

California Ports Elect Dr. Noel Hacegaba as New President

IMO Challenged Over Livestock Carrier Regulations

IMO Challenged Over Livestock Carrier Regulations

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