Australia’s newest military capability, the Amphibious Ready Element, is preparing to demonstrate its capacity in waters off the North Queensland coast. Townsville-based 2nd Battalion, Royal Australian Regiment with MRH-90 helicopters…
Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd today jointly announced having entered into an LNG carrier pooling agreement to market their vessels, which are currently operating in the LNG shipping spot market.The LNG Carrier Pool allows…
Damen delivered two complete DOP packages to Acciona Infraestructuras, S.A., a Spanish construction company. The DOP submersible dredge pumps are being used in a large harbour construction project in Brazil. The DOP pumps empty concrete caissons to be able to reposition these as a breakwater…
U.S. Coast Guard Vice Adm. Charles Michel formally assumed the role of vice commandant of the Coast Guard during a ceremony at U.S. Coast Guard Headquarters Monday.As vice commandant, Michel will oversee the Coast Guard’s operations, strategic development…
A new masterpiece from Beiderbeck Designs: in Taiwan, the yacht designers from Bremen are using the technical platform of a 33-metre long Horizon motoryacht for their latest commission for an experienced German owner. They are combining maximum…
COSCO Shipping Company Limited (COSCOL) signed a contract with Shell Offshore Inc. on 6 July 2015, for the transportation of the Appomattox semi-submersible offshore platform hull from South Korea to Ingleside…
Dashing hopes of a quick recovery from the global trade recession earlier this year, world shipping has fallen into a deep slump over the late summer, says a report in the Telegraph. Commodity turmoil could blow the shipping industry off course…
Shipping company Clarksons has published profits of GBP6.2mln, down 36.7 per cent on the first six months of the previous year, citing “severe challenges faced by the dry bulk market” (of unpackaged raw commodities) as the primary cause of the decline…
The direct line shared by the world’s largest shipping companies Maersk and MSC is coming to Israel for the first time – as part of their massive 2M Alliance. Shipping giants MSC and Maersk have signed a cooperation agreement with the Haifa port…
Diana Shipping Inc, a global provider of shipping transportation services through its ownership of dry bulk vessels, has chartered out one of its panamax bulkers - Artemis (76,942 dwt, built 2006) - to China Shipping Bulk Carrier. The gross charter rate is US$7…
The government of Kerala State in India and Gujarat-based Adani Group has signed the work contract agreement for development of the Rs 7,525-crore ($12 billion) Vizhinjam International Deepwater Multipurpose Seaport. On July 15, 2105,…
Jiangsu Hantong Ship Heavy Industry Co.,Ltd. (HT) has signed 4+2 115,000DWT Aframax Oil Tankers contract with Cardiff Marine. The Chinese shipbuilder said the tankers will be designed by Shanghai Merchant Ship Design & Research Institute (SDARI)…
Industry analyst Drewry believes that the proosed merger between Chinese state-owned companies, Cosco and China Shipping Container Lines (CSCL), could cause a domino effect on existing carrier alliances and further carrier mergers in Asia damaging to industry competition…
A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday for corruption and money laundering related to a bribe allegedly paid to the speaker of Brazil's lower house of Congress…
Owners, operators, masters, senior officers and all others on board a tanker ships have a responsibility to comply with good and correct tanker practice, including all proper safety and operational standards. Oil Tankers – A Pocket Safety Guide…
