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Groundwork Begins on Successor Subs in UK

Oct 13, 2015

Groundwork has started on the renovation of a central shipyard complex that be used for outfitting future Royal Navy Successor submarines, British Forces News said. BAE Systems had announced last year a $459 million modernization of the entire shipyard in Barrow-in-Furness…

Dredging in Gulf of Finland in Controversy

Oct 13, 2015

The massive dredging project, which is under-way on the bottom of the Gulf of Finland in Russia, reportedly a threat to the environment. But federal environmental protection agency of Russia, Rosprirodnadzor, has affirmed that it does not have a trans-boundary impact on water quality…

Icon Terminates Shipbuilding Contract

Oct 13, 2015

Icon Offshore Bhd and its partner FOB Swath Malaysia A/S have agreed to terminate their shipbuilding contract with Denmark-based Danish Yachts AS.  Icon-FOB Holdings (L) Inc in which Icon Offshore holds a 51% stake while FOB Swath Malaysia owns 49%…

Ocean Installer in BP frame deal

Oct 13, 2015

Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning…

Asian Shipping Lines Lowers Fees

Oct 13, 2015

China’s National Development and Reform Commission (NDRC) said Japan’s Kawasaki Kisen Kaisha (K Line), South Korea’s Hanjin Shipping, Hyundai Merchant Marine (HMM), Taiwan’s Evergreen, Wan Hai Lines, Yang Ming, China Shipping Container Lines…

Student Ferry Competition Draws Record Participation

Oct 12, 2015

The Worldwide Ferry Safety Association’s (WFSA) international student ferry design competition, geared toward developing a Safe Affordable Ferry, enters its third year receiving more entrants than ever before. For this year’s competition for a RoPax (passenger-truck) ferry for Indonesia…

Foss Maritime Opens Houston Office

Oct 12, 2015

Foss Maritime has opened a new office and the formed a project management group aiming to support its customer base headquartered in Houston. John Tirpak of Foss has been appointed Vice President of Business Development & Contract Services…

Calnetix Technologies to Present at ASME ORC 2015

Oct 12, 2015

Engineers from Calnetix Technologies will present at the American Society of Mechanical Engineers (ASME) Organic Rankine Cycle (ORC) 2015 Conference in Brussels, Belgium, Oct. 12-14. Controls and Systems Engineer Chris Sellers will give a paper…

20 Nations Reinforce their Commitment to Fight Piracy

Oct 12, 2015

Senior officers from Australia and 19 other nations attended the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) meeting in Sydney this week to reinforce the importance of a regional approach to combat piracy and armed robbery at sea…

Foundation Stone Laid for New PSA CT in Mumbai

Oct 12, 2015

Bharat Mumbai Container Terminals Private Limited (BMCT), a wholly-owned subsidiary of PSA Bharat Investments Pte Ltd (which is a subsidiary of PSA International) celebrated the laying of the foundation stone today to mark an important chapter…

ABS Guide for SOx Scrubber Ready Vessels Released

Oct 12, 2015

New class notation recognizes vessels designed with SOx Scrubber ready features to facilitate cost-effective and time-efficient retrofit.(Houston) ABS, a leading provider of classification and technical services to the global marine and offshore industry…

Vroon Laying up 12 OSVs

Oct 12, 2015

The Netherlands-based Vroon Offshore Services has decided to pull 12 offshore-support vessels out of operation, saying the move is a “direct result of the ongoing slump in offshore oil and gas activities”. This consequently means it will also reduce the number of onboard positions…

Yildirim to Sell its CMA CGM Shares

Oct 12, 2015

French shipping company CMA CGM has revealed that the Turkish conglomerate Yildirim Group wants to sell its 24% stake in the carrier. Yildirim Holding planned to divest its major stake of one fourth in CMA CGM, by 2015, President and CEO of Yildrim Holding…

Container Tracking ensures that your shipment is always 'just a click away'

Oct 12, 2015

'Our 24 x 7 multi-referential container tracking facility ensures that your shipment is always ‘just a click away’!,' says CMA CGM. CMA CGM Container tracking is available anytime anywhere- from your personal computer, laptop, tablet or…

Hapag-Lloyd Continues to Prepare for its IPO

Oct 12, 2015

Confirming that the company is preparing its initial public offering, Hapag-Lloyd said it “expects total gross proceeds in the equivalent euro amount of US$500 million from the IPO,” says a report in Reuters. Rolf Habben Jansen, Chief Executive…

Logistics News

CMA CGM to Form Port JV with Stonepeak

CMA CGM to Form Port JV with Stonepeak

Storms Disrupt European Container Cargo

Storms Disrupt European Container Cargo

CSP Iberian Valencia Terminal Invests in Six More Konecranes Hybrid RTGs

CSP Iberian Valencia Terminal Invests in Six More Konecranes Hybrid RTGs

AD Ports Group, BigBear.ai to Develop AI Powered Digital Trade, Customs and Logistics Solutions

AD Ports Group, BigBear.ai to Develop AI Powered Digital Trade, Customs and Logistics Solutions

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