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…
Sinotrans Shipping slid back into the red for the first half of 2015, turning to a $18.3m loss from a small $2.3m profit in the previous corresponding period. The dry bulk and container shipping arm of Chinese state-owned Sinotrans & CSC Group continues to feel the pain of low rates…
Rescue crews have found 114 bodies, with 95 people still missing, 85 of whom are firefighters, after two huge explosions China’s Port of Tianjin where dangerous chemicals and goods are stored late Wednesday night, Xinhua news agency reports…
Container maker and logistics player Singamas Container Holdings says that some of its container depots operated by its Singamas Logistics (Tianjin) (SLTC) unit, were damaged in the explosions at Tianjin Port, reports Reuters. One of Singamas…
Hamad Port welcomed its second commercial carrying the second shipment of cranes which includes four Ship to Shore (STS) Cranes and six Rubber Tyred Gantry (RTG) Cranes, says a report in the Gulf Times. This, along with other key developments…
A passenger ship, owned by Roble Shipping, carrying more than 500 passengers caught fire at Ormoc port in Leyte, Phillipines early Saturday (August 15). Philippine Coast Guard spokesperson Commander Armand Balilo said 3 crewmembers of the…
The Queen Mary 2 cruise ship called off the search for a crew member late Saturday after he went overboard off the coast of Newfoundland. Colleagues on the Cunard vessel spent five hours looking for the man as they made their way from Southampton to Halifax…
Migrants desperate to get off the Greek island of Kos fought each other on Saturday while nearby a passenger ship chartered to house and process refugees lay empty 24 hours after it had arrived.Outside the island's main police station…
Northern Fleet divers salvage weapons and equipment from the American ship “Thomas Donaldson”, which sank after a German submarine attack outside Murmansk in 1945.Divers from the Northern Fleet’s search and rescue department in 2014 started…
At least forty people suffocated in an overcrowded boat carrying around 400 migrants while crossing the Mediterranean Sea into Europe on Saturday. Many of the migrants were saved as the boat issued a distress call and was intercepted off the Libyan coast…
