GAC Dubai’s introduction of a suite of practical innovations to improve safety in working conditions and reduce the company’s carbon footprint has won it the Group Chairman’s Award for HSSE (Health, Safety, Security and Environment) Excellence for 2015…
China's state-owned shipper China Ocean Shipping (Group), also known as Cosco Group and owned by China COSCO Holdings, is on track to acquire Greece's largest container port, gaining a key foothold to expand China's economic and military presence in Europe and Africa under the 'One Belt…
Former Hapag-Lloyd CFO Peter Ganz has joined the top management team of the Hamburg asset and investment manager MPC Capital AG's shipping business with effect from 1 January 2016. As a member of the extended Management Board the 48-year…
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, sank to a new record low for the sixth straight session on Tuesday, reports Reuters. The overall index, gauging the cost of shipping dry bulk cargoes including grain…
China Merchants Holdings (International) Company Limited, has announced that it has signed a share subscription agreement with Dalian Port (PDA) Co., under which Dalian Port will issue 1.1bn new shares to China Merchants for HK$4.3bn ($554m)…
Network of regional maritime technology cooperation centres to be established through €10 million funding contribution. An ambitious IMO project to establish a global network of Maritime Technology Cooperation Centres (MTCCs) in developing…
Kitack Lim of South Korea has issued a message outlining his priorities as incoming Secretary -General of the IMO a post he assumed on January 1 following endorsement of his mid-2015 election by member states at the IMO Assembly in November…
Boosting Sri Lanka’s international investment profile, the world’s largest shipper Maersk Line is moving for Sri Lanka entry. The Danish multinational Maersk Line has been the world’s largest container shipping company since 1996. It operates…
ABS Group to Develop Intelligent Maintenance Strategy for Golar FLNG Fleet ABS Group subsidiary Genesis Technology Solutions, Inc. (GenesisSolutions) won a contract by Golar LNG to develop an intelligent maintenance strategy for the company’s…
The State University of New York yesterday awarded $750,000 from its Investment and Performance Fund to Maritime College to boost student success and completion rates. The grant was among the largest paid for with money from the fund. “Academic…
Webb Institute has appointed Benjamin H. Scott as the Assistant Professor of Marine Engineering. Scott is a design engineer with over 30 years of experience in thermal and hydraulic analysis, heat exchanger design, thermal performance testing and fluid system design…
Will Ayers has accepted a position as Chief Electrical Engineer with Elliott Bay Design Group (EBDG) of Seattle. He brings to his role over a decade's worth of experience in marine electrical engineering, which includes extensive use of USCG and class society rules…
TSG IT Advanced Systems Ltd., a subsidiary of Ness Group that specializes in defense, cyber security, telecom and HLS solutions, announced it has deployed a real-time maritime intelligence solution to a Southeast Asian customer. The 2C system…
Shifting international trade patterns at America’s seaports – with mega-size vessels requiring higher capacity road and rail connections serving ports, along with deeper harbors, bigger cranes and sturdier berths – can bolster a region’s economy while straining its infrastructure…
Otto Marine Limited, an offshore marine company specializing in building complex offshore support vessels, ship chartering and offers specialized offshore services, has announced that its wholly-owned subsidiary, Otto Marine Shipyard Pte Ltd…
