Five Chinese Navy ships are sailing in international waters in the Bering Sea off Alaska coast, coinciding with President Barack Obama’s visit to the the U.S. state. US defence officials have spotted three Chinese combat ships, a supply…
Edelweiss Asset Reconstruction Company has taken over management control of Bharati Shipyard, says a report in ET. Edelweiss now controls 70% of the Indian yard’s debts. A month ago plans were made to change the yard’s name to Bharati Defence…
The government of Singapore has become a venue in Asia to settle maritime disputes for proceedings before the International Tribunal for the Law of the Sea (ITLOS). A joint declaration was signed between ITLOS president Vladimir Golitsyn…
Go Offshore, wholly-owned subsidiary of Otto Marine has entered into an agreement for two long-term anchor handling tug supply (AHTS) charter contracts worth USD25.2 million with a large oil and gas company. The two contracts are in respect of two 16…
ABB, the leading power and automation technology group, has appointed Bazmi Husain as Chief Technology Officer (CTO), effective January 1, 2016. Husain, an expert in power and automation who has been with ABB for more than 30 years, will report to CEO Ulrich Spiesshofer…
Dorian LPG, an owner and operator of modern Very Large Gas Carriers ('VLGCs'), reported today that it has taken delivery of the ECO VLGC Commodore from Hyundai Samho Heavy Industries and the ECO VLGC Cresques from Daewoo Shipbuilding and Marine Engineering ('DSME')…
DP World Nhava Sheva, well-known for its operational efficiency; once again orchestrated a win-win situation for the trade and maintained normal import and export activities when the port confronted both, natural and manmade crisis.With…
Hans Nagtegaal (49) has been appointed the new Head of Containers at the Port of Rotterdam Authority. He is a highly experienced manager from the world of shipping and logistics, who enjoyed a successful career at P&O NedLloyd (in China, among other places)…
The Great Lakes Towing Company has kicked off the 2015-2016 school year by partnering with three Cleveland schools to provide internship and on-the-job training opportunities for local students. With “back to school” in full swing, education is top-of-mind…
Marine container terminal operators at the Port of Oakland are developing a program to operate their terminal gates on Saturdays to reduce weekday congestion at the port. The new program, called OakPass, is expected to begin in the fourth quarter of this year…
Erwin Redeker has sailed the world’s oceans for more than 40 years. We spoke with the captain of the Dublin Express as he was about to leave Hamburg for the Caribbean. When he inhaled his first sea breeze as a cabin boy on board a bulk carrier of North German Lloyd…
A worldwide shortage of more than 42,500 ship officers is expected by 2019, prompting New Zealand’s maritime industry and Maritime NZ to collaborate in an effort to encourage young people to train for maritime careers. Maritime NZ’s Director…
China Shipping Container Lines Co is planning to buy around 10 ultralarge container ships for around $1.5 billion, despite the shipping industry struggles with a capacity glut, reports WSJ. The company wants to fulfill capacity commitments…
The closed-door talks on what is believed to be merger discussions between Cosco and China Shipping continue, reports local media. According to JoC, the Chinese executives of the carriers have been tight lipped on the discussions, but it…
French shipping giant CMA CGM, reported a 66.7% jump in net profit to $156m in the second quarter of 2015. The result compared to a $94m net profit in the same period a year earlier. The world’s third largest container line says that its unit costs fell 10…
