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Resolve Marine Purchases Harbor Place Building

May 21, 2015

Regional commercial real estate firm Berger Commercial Realty announced the $8.9 million purchase of Harbor Place, a 36,000-square-foot office building located at 1600 S.E. 17th St. in Fort Lauderdale, by Resolve Marine Group, a Fort Lauderdale…

Historic Warship Docked for Restoration

May 21, 2015

One of the world's oldest commissioned warships has entered dry dock for a planned multiyear restoration, the U.S. Navy reports. On May 19, USS Constitution eased into Dry Dock 1 at Charlestown Navy Yard Boston National Historical Park with…

Dynamic Positioning Training Center Launched in Shanghai

May 21, 2015

C-MAR, an international marine and offshore services provider, and the Shanghai Maritime University (SMU) has officially launched the Dynamic Positioning training facility (DPC-SMU) at a special ceremony in Shanghai. In the first joint venture of its kind…

North Sea Workers to Vote on Strike Action

May 21, 2015

Oil and gas workers in Britain's North Sea are to vote on strike action after unions and the Offshore Contractors' Association representing employers failed to reach an agreement on changes to working conditions.Trade unions GMB and Unite…

IRClass is 40

May 21, 2015

IRClass, a leading Class Society in Asia has successfully completed 40 years in the service of Maritime industry.With the growth in India’s international trade, the country’s merchant fleet has expanded substantially from 1970s to now…

US DON Launches the "Hatch"

May 21, 2015

The Department of the Navy (DON) launched its crowdsourced ideation platform, the 'Hatch,' May 20. The launch of the Hatch is part of the initiative to build a DON Naval Innovation Network (NIN).The Hatch is an accessible, virtual collaboration…

Launch of 'Eunavfor Med' Welcomed by BIMCO

May 21, 2015

The decision of the EU Council to launch EUNAVFOR Med* was today strongly welcomed by BIMCO, following the association’s statement on 24 April calling for an extension of Operation Triton’s geographical reach.BIMCO’s April statement highlighted the risks to the health…

PSC, BP Claims Against Transocean Resolved

May 21, 2015

Transocean Ltd. announced that it has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (the 'PSC') and with BP Exploration & Production Inc. and BP America Production Co. ('BP'). These settlements together…

ABB to Make Robots in the US

May 21, 2015

ABB announced today it will start production of robots in the United States, making it the first global industrial robotics company to fully commit to and invest in a North American robotics manufacturing footprint. The company made the announcement…

Antwerp Port Launches Breakbulk Application

May 21, 2015

Port of Antwerp has launched breakbulk application for more efficient freight handling. Antwerp has long been the breakbulk port par excellence in Europe. This status finds expression each day anew in a flexible range of high-quality services tailored to the requirements of the customer…

Gail to Sell LNG Supplies from US to Shell?

May 21, 2015

GAIL (India) Ltd has signed a preliminary deal with Royal Dutch Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production, says Reuters and local media reports.   Gail, a Maharatna public sector company…

CSD, Cosco JV to Buy Vale's Bulk Carriers

May 21, 2015

China Shipping Development (CSD) and Cosco have established a joint venture (JV), China Ore Shipping Pte., in Singapore to purchase four 400,000 dwt ore carriers from Vale and operate them. CSD and Cosco’s bulk shipping division Cosco Bulk…

China Denies Kra Canal Deal

May 21, 2015

China has denied it is involved in work on the Kra canal, defusing hype over a project that purportedly lets ships bypass the Strait of Malacca and Singapore's port, reports Strait Times. There are no plans by the Chinese government to participate…

Petronet LNG appoints new chairman

May 21, 2015

India’s largest importer of the chilled gas Petronet LNG has appointed Kapil Dev Tripathi, Secretary, Ministry of Petroleum and Natural gas as Chairman and Director on the Board of the company. The appointment follows the former Chairman and Director of the company Board…

Joe Tofalo to Lead US Submarine Force

May 21, 2015

Rear Adm. Joe Tofalo will take command of Submarine Forces, a post that comes with a third star and oversees the submarine force's manning, gear and training. Secretary of Defense Ash Carter announced that the president has made the following nomination: 'Navy Rear Adm…

Logistics News

China's Coal Imports Slump

China's Coal Imports Slump

Tailwind Shipping Lines Uses CargoWise to Simplify Booking

Tailwind Shipping Lines Uses CargoWise to Simplify Booking

US Files for Warrants to Seize Dozens More Tankers

US Files for Warrants to Seize Dozens More Tankers

Singapore Boasts Record 2025

Singapore Boasts Record 2025

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