Chinese iron ore imports rose in September, according to Reuters data, as its steelmakers ramped up output in the face of global trade tensions about the country's steel exports. Thomson Reuters Supply Chain and Commodity Forecasts data showed 82…
An Australian port and a stake in the Empire State Building's operator were among assets acquired by sovereign investors such as wealth funds and state pension funds in the third quarter of 2016, with deals totalling $21.2 billion.The combined…
Shipping industry executives say the increased security threat from cyber and data privacy breaches is the number one risk to its sector, according to a new ranking released today by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory…
MTCS UK of Windermere, who worked with Global Maritime Consultancy & Engineering on the development of a Shipping Industry Competence Program, is now ready to role out the program to the entire marine industry.MTCS UK has taken a proactive…
Transnet National Ports Authority (TNPA) said it has commenced a multimillion rand port infrastructure rehabilitation project at the small domestic seaport of Port Nolloth on the northwestern coast of South Africa. The project is aimed at…
BigOceanData and Maersk Line have entered into a two-year agreement whereby BigOceanData will deliver vessel tracking services to Maersk Line. The initial system went live on August 1, 2016 and is already in use in operation centers around the world on both desktop and mobile devices…
ExxonMobil and Pavilion Energy Pte Ltd are collaborating to develop solutions for liquefied natural gas (LNG) bunkering and other downstream developments in Singapore. With LNG growing in significance as part of the marine fuel mix, ExxonMobil…
The Hanjin Louisiana, one of the containerships caught up in the collapse of the South Korean shipping company Hanjin, has finally docked in Singapore after several weeks of uncertainty at sea. Among those onboard the containership were four Scottish cadets…
Today’s regulatory agenda is being increasingly driven by environmental issues. Shipping is under increasing pressure to lower greenhouse gas emissions and to contribute to global efforts to counter anthropogenic climate change. The pressure is unlikely to abate…
Maritime UK participated in a Department for International Trade scoping mission aimed at boosting maritime exports to the Nordic-Baltic region. The discussions which took place at the Foreign Office, provided an opportunity to highlight…
Shell Western LNG B.V. (Shell) signed a supply agreement with Carnival Corporation & plc (Carnival) to supply liquefied natural gas (LNG) to fuel two of the world’s largest passenger cruise ships. Under the agreement, Shell will supply LNG for…
Japan's Kawasaki Heavy Industries said it would consider a drastic revision of its shipbuilding, and has even indicated that it may pull out of its shipbuilding business due to its worsening profitability, reports Reuters.Kawasaki Shipbuilding…
Braemar (incorporating The Salvage Association) (Braemar SA) has called for more training to be given in order to make vessel casualties manageable in the event of high-risk incidents. Addressing delegates at the annual International Shipowning…
Jakob Stausholm has informed that he will resign from his position as member of the board of directors in Statoil ASA with immediate effect in order to avoid potential conflicts of interests following his new appointment as CFO of the Maersk group…
London Offshore Consultants (LOC), a leading global marine and engineering consultancy for the shipping and offshore energy industry, has appointed Mark McGurran as the Group Director for Hull and Machinery Services.“It is with great pleasure that I am able to advise that as from September 2016…
