Several media outlets now report confirmations that Cosco is also targeting ultra-large vessels by ordering nine ships of 20,000 teu, with options for four additional vessels. It was confirmed that China’s Cosco has sealed deals for nine plus four options on 20…
Abu Dhabi Ocean Racing won the Volvo Ocean Race (VOR), despite pulling into the port of Gothenburg, Sweden, in fifth place on Monday. The Emirates team, skippered by Walker, triumphed in the nine-month triennial race after finishing fifth in the ninth leg from Lorient to Gothenburg…
A group of 27 Danish institutional investors say they will launch a legal action against the former management of OW Bunker, a shipping company that filed for bankruptcy last year just six months after listing, and the private equity firm that brought the company to market…
Victorian Labor is ramping up the pressure on Matthew Guy's Coalition over its decision to block the sale of the Port of Melbourne, reports The Age. Victoria’s plans to raise $6bn by selling the port of Melbourne are in jeopardy: the opposition refuses to support legislation for its sale…
In pursuit of India’s ‘Look East’ and ‘Act East’ policy, the Indian Navy’s Eastern Fleet ships under the command of Rear Admiral Ajendra Bahadur Singh, VSM, Flag Officer Commanding Eastern Fleet (FOCEF), are on a two month long operational deployment to South East Asia and Southern Indian Ocean…
A number of environmental groups are asking the Department of the Interior to rescind permission Shell has been granted to begin exploratory drilling in the Arctic this summer because the company's plan would not protect the walrus.Shell's…
Container handling equipment has reached the era of automation. On the services side, digitalisation is now the leading theme throughout the customer lifecycle. But does digitalisation automatically lead to better services?Service businesses…
The yacht Serenity, skippered by Fridtjov Bergmann, proudly flies the Bergen Shetland Blue Ribbon as first to finish this year’s race across the North Sea from Norway.He later received Lerwick Port Authority's trophy for first yacht over the line…
Emergency crews recovered on Friday the bodies of nine people from the wreckage of a sightseeing plane that remains teetering on a steep rock face after crashing in Alaska, a rescue official said.Eight passengers and the pilot were killed when the aircraft…
United Arab Shipping Company's (UASC) newest vessel, the 18,800 teu Barzan, has made its maiden call at the Port of Felixstowe, the Port of Britain.The biggest container ship in the UASC fleet, the mega-ship arrived at the UK's largest container port from Port Kelang in Malaysia…
Viking Ocean Cruises has announced its second ship—the 930-passenger Viking Sea —was floated out from Fincantieri’s Ancona shipyard, marking a major construction milestone and the first time that the new ship touches water. Viking marked…
Germany is hopeful in bagging multi-billion-dollar Indian submarine project for building six conventional submarines, says a PTI report. German Ambassador to India Michael Steiner said the P-75(I) project was under discussion and that the…
The Panama Canal Authority (ACP), which administers the canal, is looking at building a Liquefied Natural Gas (LNG) import terminal near the Canal. The ACP has been awarded a US Trade and Development Agency grant to help fund a feasibility study for the project…
Greece's international lenders are asking the debt-laden country to hike vessel tax, according to a report in the Financial Times. The shipping sector is a vital generator of income for Greece. According to an official document indicating steps Greece must take…
UK's Ports and Shipping Minister Robert Goodwill said that the Port of Tyne is a model of innovation and a major contributor to both the local and national economy. During his first visit to the port yesterday (25 June), the MP for Scarborough…
