Mitsui & Co. has signed a 25-year time charter deal with Trinity LNG Transport for the eight liquefied natural gas (LNG) carrier that will ship the liquefied natural gas from Cameron LNG project in the United States. “Mitsui has newly contracted yesterday the eighth ship…
CMA CGM Group will work with Cuban company Almacenes Universales SA to run a logistics complex serving the Port of Mariel, giving a boost to the island’s effort to make itself a transshipment hub. CMA CGM, the world’s No. 3 container ship operator by capacity…
The Athens, Greece-based DryShips Inc. (DRYS) has reported a loss of $59.2 million in its first quarter. DryShips is an owner of dry bulk carriers and tankers that operate worldwide. The company said it had a loss of 9 cents on a per-share basis…
Sultan of the Yogyakarta Sultanate in Indonesia Sri Sultan Hamengkubuwono X asked President Joko Widodo to reject the Chinese government bid to link the World Maritime Axis (Indonesia) with the Maritime Silk Road (China), reports Antara News…
The European Union seeks U.N. authorization to deploy military force in the Mediterranean to stop migrant smugglers. EU foreign policy Chief Federica Mogherini has pleaded for UN help to dismantle criminal groups smuggling migrants into the European Union…
The shipping industry, despite those who might suggest otherwise, has a very respectable record of environmental improvement stretching back very many years. It responds to societal demands to clear up pollution, to eliminate harmful emissions and operate in a more sustainable manner…
A Singapore-based breakbulk, project cargo and heavy lift carrier AAL (formerly Austral Asia Line) and German multipurpose shipping operator Peter Döhle have announced the launch of a new global cooperation. From June onwards, the pair will offer joint tramp and project services…
Havila Shipping ASA has seen Maersk Oil & Gas (MOG) extend an option for a vessel, allowing the company to avoid the weak North Sea spot market for 12 more months. Maersk Oil and Gas Company declared the first of three one year options for the Platform Supply Vessel (PSV) Havila Fortune…
Justin Manley has joined Juliet Marine Systems (JMS) as Vice President of Business Development and Marketing, the company announced today. Manley brings over 20 years of experience in the marine technology sector including roles at Massachusetts…
The U.S. Coast Guard (USCG) issued a safety alert to remind vessel operators and company technical managers of the importance of proper ship’s anchor use, stowage and maintenance. The USCG stressed that anchor windlass brakes, riding pawls…
Online simulation training specialist Safebridge will launch a new training course for Kelvin Hughes MantaDigital Electronic Chart Display and Information Systems (ECDIS). Kelvin Hughes Marine Systems, a supplier of ships’ bridge systems…
Walter Gimbert, vice president of Troy Container Line, will retire from the company as of May 14, 2015, after more than 20 years of service, the company announced today. “An inspiration to the entire team, Walter’s imprint on the company will continue to influence the company for years to come…
New offices boost Schiphol freight services and oil and gas support from Den Helder GAC Netherlands announced it is expanding its range of services with the opening of two new branches to offer air freight solutions at one of northern Europe’s…
French oil services company Bourbon said on Monday that the three Nigerian crew members kidnapped after one of its speedboats was boarded off the Nigerian coast on April 8 had been released. 'They are in good health and arrived at Port Harcourt on May 8…
Cummins Inc. announced two new environmental sustainability goals for its products in-use and the logistics of the company's managed freight. These new goals are part of a broader effort for Cummins to reduce its environmental footprint…
