Global economy: menacing clouds in the sky cast a shadow on global economic developments 2015 never really took off, even though the global economic activity looked stronger earlier in the year. The negative indicators seen at the end of 2014 were not overcome…
On 1 January 2016, APL ushered in the New Year with its U.S-flagged vessel, APL Guam arriving at the island of Guam for the first time. The event marks the maiden inbound shipment to Guam via APL’s Guam Saipan Express (GSX) service. “We…
BIMCO, together with other leading shipping organisations, has today launched a set of guidelines to help the global shipping industry prevent major safety, environmental and commercial issues that could result from a cyber incident onboard a ship…
Chinese shipping subsidiaries will realign their businesses in response to the merger between China Ocean Shipping (Group), known as Cosco Group, and China Shipping Group, reports Nikkei. Sinotrans & CSC Holdings Co., the nation's third largest shipping company…
China has rejected a protest from Vietnam over a flight test it has conducted on a new airstrip on a man-made island in the South China Sea, saying it is part of China’s territory. Chinese Foreign Ministry spokesperson Hua Chunying said…
The Australian government has begun its final evaluation of bids from Japan, Germany and France to choose the maker of its next-generation submarine and is expected to make its decision by the end of June, reports the Japan Times. The…
DP World London Gateway has welcomed one of the world’s largest container ships carrying a record 18,601-teu. The UASC-owned Al Muraykh called at DP World London Gateway to unload 3,800 containers. Al Muraykh, a new generation of ultra-large container ships…
As 2015 draws to a close and the Worldscale Organisation published the new 2016 Flat Rates, Poten and Partners goes through the annual exercise of updating Flat Rates in its systems. This highlighted once again the significant changes in bunker prices that occurred over the last 2 years…
Lim Ki-Tack, who has been elected as the next secretary-general of the International Maritime Organization (IMO) in a ballot, will start his four-year term in the beginning of next year, the South Korean government said, reports Yonhap. Lim…
Polarcus Limited announced a two-year extension of the support services agreement with Turkish Petroleum covering seismic data acquisition management, maritime management and crewing support. Reference is made to the stock exchange notice…
Transparency Market Research (TMR) have given a detailed insights and analysis of the global market for LNG bunkering fuel in its recently published market research report. On the basis of capacity, the market, which had a valuation of mere 70 kilo tons in 2013…
More than 3,770 migrants and refugees died in 2015 trying to reach Europe by crossing the Mediterranean Sea, making the year the deadliest on record for those seeking sanctuary from conflict and poverty, an international migration group said on Thursday…
The Coast Guard assisted representatives of the Washington and Oregon Departments of Fish and Wildlife patrol the waters of the Pacific Northwest during the pre-soak period of the commercial Dungeness Crab season, which opens Jan. 4, 2015…
Capt. B.B. Sinha, Director (P&A) of The Shipping Corporation of India limited (SCI) has assumed the additional charge of the post of Chairman & Managing Director, SCI w.e.f. 01.01.2016 as per the Office Order received from the Ministry of Shipping till 31…
The Dredging Conference organized by Hinode in Kolkata on Thursday, January 21, 2016 will spotlight the vast opportunities that exists for dredging companies and other allied agencies in Inland Waters waters. The event is set to take place at the Park Hotel…
