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China Launches World's Largest Bulk Carrier

Sep 24, 2017

China launched world's largest bulk carrier 'Ore Tianjin' in the port city Qingdao, east China's Shandong Province, reported China Daily. The mammoth ore ship, built by the Wuhan subordinate of China Shipbuilding Industry Corporation (CSIC)…

South Korea to Build World's Largest LNG-Fueled Ship

Sep 24, 2017

In an effort to go green amid looming strict emission rules, South Korea will launch a pilot program to build the world's largest vessel powered by liquefied natural gas (LNG), reports Yonhap. South Korean Ministry of  Oceans and Fisheries  said it will join forces with local shipyards…

Cochin Shipyard Spreads its Wings

Sep 24, 2017

After successfully completing its initial public offer (IPO) recently, India's Cochin Shipyard Ltd (CSL) has lined up expansion projects. The IPO's proceeds will be utilised to fund these expansions. The PTI reported that CSL is now setting…

Operations Begin at New Fujairah Port

Sep 24, 2017

Abu Dhabi celebrated the official commencement of operations of Fujairah Terminals in the East coast of the United Arab Emirates. The announcement came following an official event held at Novotel Fujairah, attended by Sheikh Saleh bin Mohammed Al Sharqi…

Transocean Retires Six Floaters

Sep 23, 2017

Transocean announced its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean Marianas.  The rigs will be classified as held…

DP World, Suez Canal to Build Egypt El Sokhna

Sep 23, 2017

Chairman of the Suez Canal Authority Mohab Mameish and CEO of DP World Sultan Ahmed Bin Sulayem signed an initial partnership agreement in the UAE to establish a major development company for the development of Ain Sokhna, Al-Ahram daily reported…

IMC Envisages Singapore as Global Maritime Hub

Sep 23, 2017

The International Maritime Centre (IMC) 2030 Advisory Committee, established by the Maritime and Port Authority of Singapore (MPA) in August 2016, has submitted the IMC 2030 Strategic Review report to the Singapore Government.  The Committee’s…

MOL Issues "Safety, Environmental and Social Report 2017"

Sep 23, 2017

Mitsui O.S.K. Lines (MOL) has announced the publication of its Safety, Environmental and Social Report 2017 on September 21, 2017. The Safety, Environmental and Social Report 2017 proactively discloses the MOL Group's initiatives on environment…

India's INS Satavahana Concludes Basic Submarine Course

Sep 23, 2017

Passing out ceremony of Basic Submarine Courses for Sindhughosh and Shishumar Class was held at Submarine School, INS Satavahana on 22 Sep 17.  A total of 39 officers and 47 sailors successfully completed their training and will now be…

Crowley Sends Cargo Flow to Puerto Rico for Hurricane Relief

Sep 22, 2017

Crowley Maritime Corp. announced that it has established a flow of relief cargo into San Juan, Puerto Rico, following Hurricane Maria, the devastating Category 4 storm that made direct impact with the island on Wednesday.   To make this possible…

Wiernicki Named Mass. Maritime’s Person of the Year

Sep 22, 2017

Christopher J. Wiernicki, Chairman, President and CEO of ABS, was recognized for his distinguished career of excellence, innovation and service to the maritime industries by the Massachusetts Maritime Academy (MMA) as this year’s recipient of the Maritime Person of the Year Award on September 21…

Hasuly Joins The Shearer Group

Sep 22, 2017

The Shearer Group, Inc. (TSGI) announced a new addition to its naval architecture, marine engineering and marine surveying firm, Anne Hasuly, P.E. Hasuly has recently joined TSGI as a naval architect. She is a licensed Professional Engineer in the state of Texas and holds a B…

Baltic Index Hits More Than 3-year High on Strong Capesize Rates

Sep 22, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest in three-and-a-half years on Friday, boosted by strong capesize rates.The overall index, which factors in rates for capesize…

Michelsson to Join Evac

Sep 22, 2017

Waste, wastewater and water management systems provider Evac has appointed Tomas Michelsson as the President, Offshore and Merchant business area, effective January 8, 2018. Michelsson will replace the former President, Claes Rudling, who has retired during the summer…

Hawaii Stevedores Commits Kapalama Container Terminal

Sep 21, 2017

Honolulu-based Hawaii Stevedores, Inc. has received confirmation from Hawaii State Department of Transportation (HDOT) that, together with the state, Hawaii Stevedores will continue the joint development of the Kapalama Container Terminal (KCT)…

Logistics News

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Diana Shipping Plans Proxy Fight at Genco

Diana Shipping Plans Proxy Fight at Genco

16th Annual Maritime Risk Symposium-Student Research Poster Contest

16th Annual Maritime Risk Symposium-Student Research Poster Contest

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