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BIMCO's Current Views on Topical Issues

May 02, 2012

Updates of BIMCO's viewpoint on topical issues from recent Singapore meetingAt a recent BIMCO Executive Committee and Board of Directors Meeting in Singapore a number of new elements in BIMCO’s viewpoint and positions on topical and critical issues were agreed…

U.S. Seeks Death Penalty for Three Somali Yacht Hijackers

May 02, 2012

Somali pirates charged with murder of four Americans aboard their yacht last year face trialFederal prosecutors say they will seek the death penalty against three Somalis charged with murder in the fatal shooting of four Americans aboard a hijacked yacht last year…

Asia's Largest Shipbreaking Yard Opposes State Plan

May 02, 2012

Gujarat government's plan to upgrade the Alang Ship Recycling Yard opposed by the operators The Japan-backed ambitious $22-million plan of the Gujarat government to upgrade the Alang Ship Recycling Yard, which is the largest in Asia, has…

ABS Nautical wins Two More Clients

May 01, 2012

ABS Nautical Systems Sign Two New Customer in Greece.   ABS Nautical Systems has signed contracts with TMS Bulkers Ltd. and TMS Dry Ltd. for use of its NS5 Enterprise software.  The Greece based bulk carrier operating companies for the TMS…

ABS Reports Increase in Fleet Size

May 01, 2012

Speaking at the 150th Annual Members Meeting of the classification society on 24 April 2012, in New York, ABS Chairman Robert D. Somerville reported that every sector of the ABS enterprise “contributed to another year of record performance in…

WRSystems Announces Two Key Appointments

May 01, 2012

W R Systems, Ltd. (WRSystems) announces two key appointments in its Maritime Technologies Division: Mr Arthur Thomas Senior joins as Vice President – Maritime Business and Mr Mike Kellner joins as Director – Maritime Business. WRSystems’ Maritime Technologies Division supplies Radar…

DNV Launches new Jack-up Rule Book

May 01, 2012

New dedicated rule book from DNV for self-elevating offshore units guides jack-up rig designers & yardsThe new rule book clearly explains the DNV and international regulations and standards.  Adaptations from the traditional Offshore Standards…

U.S., Philippines Hold Security Talks

May 01, 2012

With the Scarborough Shoal territorial dispute with China in mind, Philippines, US officials met for talksThe U.S. says it will help build the Philippines’ sea patrol capability but will not take sides in that nation’s standoff with China at a disputed shoal in the South China Sea…

World's First 'Non Sea Water Ballast Ships' Ordered

May 01, 2012

Four tank ships ordered from Ningbo East Shipyard, China are of Non Sea Water Ballast Ships (NOBS) designNingbo Dongfang Shipyard has recently won two newbuilding orders for two 6,500dwt tankers and a 4,500dwt pair from Zhejiang Huayun Shipping and Guangdong Zhanjiang Fuda Shipping…

US Hospital Ship Deploys to Asia

May 01, 2012

Hospital ship USNS Mercy will visit Cambodia, Indonesia, Philippines & Vietnam on humanitarian missionThe San Diego-based Navy hospital ship USNS Mercy is scheduled to deploy Tuesday for a four-month humanitarian mission to four Asian nations…

Boat Race Victims Perhaps Not Seen

May 01, 2012

Newport Beach to Ensenada boat race entrant 'Aegean' destroyed, 4 dead, may not have been seen by larger vesselCoast Guard investigators working to determine what caused the destruction of the 37-foot sailboat off the Mexican coast, consider…

Stranded Greek Bulk Carrier Refloated

May 01, 2012

Fairmount tug 'Fairmount Glacier' re-floated bulk carrier 'Akiba' from aground off MozambiqueThe Greek owned bulk carrier, Akiba, which was recently grounded off the coast of Maputo, Mozambique, has been successfully refloated.The tug Fairmount…

Lloyd's Register acquires WEST Engineering Services

Apr 30, 2012

Lloyd's Register acquires WEST Engineering Services to become the top independent provider of technical services to the offshore drilling sector.  Acquisition of WEST, subsea systems specialists, builds support for exploration and production activities…

Nordic Shipholding Sells Chemical Tanker Activities

Apr 30, 2012

Nordic Shipholding A/S completes sale of chemical tanker activities.In continuation of company announcement no. 1/2012 published via NASDAQ OMX on 27 March 2012, Nordic Shipholding A/S (formerly Nordic Tankers A/S) today has completed the…

Union Officers: Reduced Manning Increases Risk

Apr 30, 2012

Insufficient Shipboard Manning Fuels Fatigue, Boosts Risks; U.S. Maritime Officers Call on Congress to Take Action. Cuts in manning levels and burgeoning paperwork loads are increasing the risk of maritime accidents worldwide. At a time when carriers have reduced crewing levels…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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The new airline group formed by the Volaris and Viva merger will have lower fleet costs.
Black Sea CPC Blend oil exported at 1.65M bpd in January, according to sources
US Senator presses oil tanker giants on cartel fuel smuggling in the sea