Maersk Line, the world's largest container shipping company, said on Wednesday it will slash costs, cut staff by almost a fifth and pull out of vessel orders as trade along the busiest routes in the world, from Asia to Europe, slows down. The business…
Rickmers Group will migrate to multiband VSAT (Very Small Aperture Terminal) from Marlink Maritime VSAT for its fleet of 90+ vessels including containerships, bulk carriers and heavy lift vessels, in a move that aims to improve operational…
Intelsat S.A., a provider of satellite services, and SKY Perfect JSAT Corporation has announced that the two companies have signed a definitive agreement to form a joint venture that will launch a new satellite with optimized C-band and high…
GMS is proud to announce that Ms. Jasvinder Virdi has joined the company to further develop its growth within the industry.Jasvinder comes with a wealth of determination and enthusiasm, as well as experience of working within the shipping industry…
BMT JFA Consultants, together with sister company BMT Oceanica, subsidiaries of BMT Group (BMT), have announced that the Western Australian Department of Transport (DoT) has taken up the Contract option to extend its current contract for a further two years…
Danos announced that its Amelia, La.-based fabrication facility has achieved ISO 9001:2008 certification for its quality management system (QMS). Two of Danos’ other locations – the Larose fabrication shop and headquarters in Gray, La. – are already ISO 9001:2008 certified…
The 10-member Association of South East Asian Nations (Asean) has established a hotline to resolve maritime disputes and to ensure the line of communications between the countries remain open during a crisis, reports the Star. The unveiling…
Japan delivered on Tuesday two used ships to the Vietnamese Coast Guard to help the Southeast Asian country strengthen maritime security, reports the Japan Times. The two 600-ton vessels, provided in a ceremony in the city of Da Nang, will…
The Singapore-listed and China-based shipbuilder Yangzijiang Shipbuilding has secured new orders worth $730m, including two very large gas carriers, between September and October. The two 84,000 cbm very large gas carriers (VLGCs) were ordered by Shanghai Zhenrong Energy…
Israeli navy (IDF) holds special exercises with their Italian counterparts in order to perfect joint methods for rescuing the crew of a sunken submarine, reports Ynet. This type of exercise is rare among navies, and the first of its kind in Israel…
Seaspan Corporation, a large owner of containerships that charters vessels to liner companies, improved its revenue as well as net result in the first nine months of 2015, a development mainly attributed to new ships delivered this year, notes management…
Naftomar Shipping And Trading Co. Ltd. Inc., which is engaged in shipping and trading liquid petroleum gas, contracted China’s Jiangnan Shipyard to build two Very Large Gas Carriers (VLGC), say local media reports. The Voula, Greece-based company has ordered one 84…
Hapag-Lloyd AG, the German container shipping company, has succeeded in completing its initial public offering (IPO), after a hard campaign in which the outcome sometimes looked in doubt. It has set the final offer price for its shares at €20 ($21…
e!COCKPIT: driving rapid development of automation projects WAGO’s new software development environment e!COCKPIT supports automation tasks, from hardware configuration, programming, networking and simulation to visualization – in one easy-to-use…
U.S. Coast Guard air crews medevac Ukrainian from bulk carrier 130 miles east of Cape Cod, Mass. A Ukrainian sailor in distress was medically evacuated by U.S. Coast Guard Crews Monday, 130 miles east of Cape Cod, Mass. Watchstanders…
