Stig H. Christiansen has today assumed his new position as chief financial officer (CFO) at Prosafe. Christiansen’s appointment was announced by semi-submersible accommodation vessels owner and operator Prosafe on July 3, 2015. Christiansen…
£500k investment in technology set to deliver world class operator training as Peel Ports prepares for mega ships at the Port of Liverpool In anticipation of the arrival of five of the world’s largest cranes at the Port of Liverpool this autumn…
As Gateway Terminals India (GTI) (one of the private terminal at JNPort, a JV between APM Terminals (APMT) and state-owned rail operator Container Corporation of India) is facing shutdown in operations due to the strike of contractor's employees…
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter ended June 30, 2015.Consolidated cargo across all ports handled by the company was 40 MMT in Q1FY16…
Videotel, the leading international provider of e-Learning maritime training programs and a company of KVH Industries, Inc., has backed the Concentrated Inspection Campaign (CIC) on crew familiarization for enclosed space entry recently launched by the maritime authorities of Tokyo and Paris…
The second quarter 2015 produced better results than the first quarter 2015. So far in the third quarter, we have secured higher average rates than in the two preceding quarters of the year. In 2Q 2015, NAT continued to benefit from both…
Based on the current challenging environment in the oil and gas market, Sulzer decided to take measures to streamline the manufacturing capacities of its Pumps Equipment division.Since the beginning of 2015, Sulzer’s Pumps Equipment division…
The Panama Canal Authority (ACP) has learned of the National Union of Workers of Construction and Similar Industries (SUNTRACS) notice to strike issued to Grupo Unidos por el Canal (GUPC). GUPC is the main contractor for the Canal's third set of locks project…
Russia, led by President Vladimir Putin, has re-submitted its petition to the United Nations claiming exclusive control over 1.2 million square kms (463,000 square miles) of the Arctic sea shelf, based this time on what its foreign ministry calls “ample scientific data”…
The ocean carrier merger - between China’s two state-owned megacarriers, COSCO and CSCL - rumours are back in the news! The beleaguered state behemoths struggling in a protracted industry slump - China Ocean Shipping Group (Cosco) and…
The $50 billion project of Hong Kong development company HKND to build an artificial waterway across Nicaragua to go ahead with some modification of the route of the canal to avoid affecting ecological zones and farming communities opposed to the project…
A picket of Hutchison ports in Sydney and Brisbane has entered fourth day after the Maritime Workers Union vowed to continue defying a Fair Work order to cease industrial action. The picketers say that the power to the site has been cut in a bid to move them off…
The Panama Canal Authority said that next month it will temporarily limit the amount of cargo for larger ships using the waterway because drought has lowered water levels in Gatun and Alhajuela lakes, reports AP. Earlier there were reports…
United Arab Shipping Company (UASC), a leading container shipping line and emerging global carrier, has ordered another 3,500 reefer containers, after ordering 2,000 units from Japan’s Daikin Industries in January, says a report in JOC. The…
Moroccan King Mohammed VI’s upcoming visit to Moscow by the end of 2015 is expected to conclude negotiations to obtain the country’s first submarine from Russia, says a report in World Tribune. Multiple Moroccan and Russian media reports said negotiations about the price tag of the Amur 1650…
