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Finland's New Icebreaker Polaris Named in Helsinki

Dec 11, 2015

A naming ceremony was held today for Finland’s new-generation icebreaker, Polaris, built at Arctech Helsinki Shipyard. Presently under construction at Helsinki Shipyard, the vessel is designed especially for icebreaking operations in the…

Subsea Innovator Wins SUT Award

Dec 11, 2015

Thirty year old napkin sketch became a reality in 2015. The Society for Underwater Technology (SUT) has presented its President’s Award to Dr Kjell Olav Stinessen in recognition of his long term services to industry at the Society’s AGM and annual dinner in London…

MANSA Seeks Berthing at Mumbai Port

Dec 11, 2015

In order to reduce congestion and lower the transaction cost, Mumbai and Nhava Ship-Agents Association (MANSA) have sought berthing facilities at the Offshore Container Terminal for higher dimensional vessels carrying large parcels of pulses…

Korean Shipbuilders May Fail to Achieve Targets

Dec 11, 2015

South Korea's big three shipbuilders - Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. -  may miss this year's order targets as a global economic slump and lower oil prices sharply reduce shipbuilding demand…

Cosco, China Shipping Merger Gets Green Signal from Beijing

Dec 11, 2015

China State Council has given the go-ahead for country's two largest shipping conglomerates to merge, continuing a trend in the industry to trim down state-owned enterprises, reports Caixin Media. The China Ocean Shipping Co. (COSCO Group) and China Shipping Group Co…

CMA CGM Vice-Chairman on NOL Takeover

Dec 11, 2015

CMA CGM vice-chairman Rodolphe Saade said that his company was the first ones to initiate the discussions with NOL and Temasek and it made sense to them, that is why they carried on with the discussions, according to a report in The Straits Times…

Global Ship Lease Announces Sale of Remaining 4,113 TEU Vessel

Dec 11, 2015

Global Ship Lease, Inc has  completed the sale of its 1997-built, 4,113 TEU containership, Ville d'Orion, following redelivery from its previous charter.  The vessel was sold for $328.25 per ldt, for estimated net proceeds of $4.5 million…

Russian-Indian Indra Drills On

Dec 11, 2015

India and Russia has began their bilateral naval exercise, Indra Navy, which is aimed at increasing interoperability between the two Navies and developing common understanding of procedures for maritime security operations. Indra Navy is…

Idling Container Fleet Continues to Surge

Dec 11, 2015

Carriers are intensifying their capacity-withdrawal activity, with November seeing a big rise in the number of idle containerships, says Drewry Maritime Research. The size of the idle fleet swelled by 52% from October to November to reach 900…

Excluding Shipping Emissions from COP Deal Makes 2°C Limit Close to Impossible

Dec 11, 2015

The dropping of international aviation and shipping emissions from the draft Paris climate agreement published this afternoon has fatally undermined the prospects of keeping global warming below 2°C, green NGOs Seas At Risk and Transport & Environment (T&E) have said…

Ambitious Countries Must Push for Shipping in Climate Deal

Dec 11, 2015

Countries calling for an ambitious agreement at the Paris climate summit must insist that language on aviation and shipping emissions be reinserted or the prospects of keeping global warming below 2°C, let alone 1.5°C, will be fatally undermined…

Prince of Wales' Final Section Sails for Rosyth

Dec 10, 2015

The final section of aircraft carrier HMS Prince of Wales began its delivery voyage from Glasgow to Rosyth today, 10 weeks ahead of schedule. As part of the the Queen Elizabeth Class aircraft carrier program, newbuilds HMS Queen Elizabeth…

Bollinger Promotes Blackburn

Dec 10, 2015

Bollinger Shipyards has promoted Brent Blackburn as Director of Engineering. Blackburn has more than 16 years of experience in the U.S. shipbuilding and maritime industry. He joined Bollinger in 2004 working in various engineering, estimating…

Marshall Islands Adopts New Standards for PMSCs

Dec 10, 2015

The Republic of the Marshall Islands has informed those companies with vessels under its flag that “effective January 1, 2016, companies shall engage only those PMSCs that are certified to the new ISO 28007-1:2015 standard by a United Kingdom…

Cal Maritime Ranks High for Graduate Earnings

Dec 10, 2015

California State University Maritime Academy alumni rank very high on the nation’s pay scale, according to a new study examining the earnings of recent graduates. Among 1,400 four-year colleges and universities across the U.S., Cal Maritime…

Logistics News

Port Houston Celebrates Best Year Yet

Port Houston Celebrates Best Year Yet

Panama Ports Will Operate Undisrupted Despite CK Hutchison Ruling

Panama Ports Will Operate Undisrupted Despite CK Hutchison Ruling

Panama Court Quashes CK Hutchison Port Contracts

Panama Court Quashes CK Hutchison Port Contracts

IMO Sub-Committee on Ship Design and Construction Holds 12th Session

IMO Sub-Committee on Ship Design and Construction Holds 12th Session

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