New ships today are no more efficient than they were over twenty years ago, despite shipping industry claims to the contrary. The efficiency of new ships has deteriorated by 10% on average since 1990. The study also shows that containerships built 30 years ago already…
China has been allowed operation rights for 40 years at a port in Gwadar, a planned deep-water harbor in Pakistan. This move will give China access to Gulf countries, and the possibility of building a naval base on the Arabian Sea in future…
The unknown foreign vessel the Swedish Navy searched for near Stockholm last autumn was actually a “workboat,” Sweden's Armed Forces have now said. The story of the suspected submarine spotted in the Stockholm archipelago a week after Sweden's…
Trelleborg’s marine systems operation has opened a new American headquarters in Berryville, Virginia, U.S. The new site houses a 36,000 square foot manufacturing facility for foam-based marine fenders and buoys and 9,000 square foot sales and business development office…
Nation's Tugboat, Towboat and Barge Industry to Call on Congress: Urge Support for Vessel Discharge Reforms, American Jobs and Waterways Reliability The American Waterways Operators (AWO), the national trade association representing the tugboat…
Hybrid Marine Power & Propulsion Workshop – Southampton – May 13 & 14, 2015 In May 2015 U.K. based Shock Mitigation will bring together a group of experts armed with the latest knowledge that will assist the sub IMO professional sector to…
Unions at Dutch oil storage company Vopak said staff would begin a series of strikes at the company's terminals after talks aimed at securing improved employment conditions for 800 staff broke down on Tuesday afternoon. A union official…
Maritime travel specialist CTI Marine has appointed Steve Harrop as Operations Director. Harrop joins the company from Dubai based Destinations of the World Travel, a global distributor of hotel accommodation and other ground related travel…
South African port authority, Transnet National Ports Authority, has appointed Richard Vallihu as its new Chief Executive, following the retirement of Tau Morwe. Richard Vallihu took up the reins as Chief Executive of South African port authority…
ClassNK has opened a new exclusive survey office in Cadiz, Spain with operations beginning today.Cadiz is a port city located in south-western Spain home to well-established shipyard facilities. The Cadiz Office joins an existing network of five survey offices throughout Spain in Bilbao…
ABB announced today acquired Gomtec GmbH to expand its offering in the field of collaborative robots. The parties agreed not to disclose financial terms of the transaction.Gomtec, based near Munich, Germany, is a privately held company that develops mechatronic systems combining mechanical…
Since February, freight rates on the three key container shipping lanes has left the erratic up and down movements behind only to slide week after week.On Friday April 10, 2015 the freight rate including ocean freight and surcharges, i…
Rosneft as part of Sakhalin-1 Consortium has successfully completed drilling of the world’s longest well at the Chayvo field.O-14 production well was drilled with Orlan drilling platform in direction of the field’s south-eastern point…
The United States and Indonesia held naval exercises near the Natuna Archipelago in the East China Sea, near target China, and the Government in Jakarta hopes that in this region will be constantly carried out military maneuvers, says a Reuters report…
The Saudi Arabian-led coalition of anti-Houthi forces attacking Yemen has tightened the blockade on Yemen's ports affecting shipping activity including the delivery and loading of oil and gas shipments. Ships are unlikely to be able to…
