Latest News - page 1709

 

Huawei Bags MCT Submarine Cable Contract

May 25, 2015

Huawei Marine has signed a system design and construction agreement with a consortium comprising Telekom Malaysia Berhad, Symphony Communication and Telcotech to build the Malaysia-Cambodia-Thailand (MCT) submarine cable system. Spanning approximately 1…

Gener8 Maritime to Go Public

May 25, 2015

Private equity-backed tanker operator Gener8 Maritime filed with the U.S. Securities and Exchange Commission (SEC) to proceed with an initial public offering worth up to $100m. The company was created in February 2015 via the merger of General Maritime and Navig8 Crude…

5 Tunisian Migrants Die in Shipwreck

May 24, 2015

At least five Tunisian migrants died on Saturday when their boat sailing to Italy capsized off the Tunisian coast, officials said.'A migrant boat carrying dozens capsized on Saturday off the coast of Monastir ... Naval forces rescued…

KPCT Launches New Gulf Service

May 24, 2015

Containerized volumes are steadily increasing on the East Coast of India. Keeping pace with the growth, Krishnapatnam Port Co. Ltd. (KPCT) now offers a new service to the Gulf sector. Simatechin association with Evergreen Line recently launched a joint CCG Service…

Alaska, Washington to Build Arctic Icebreakers

May 24, 2015

Senator Lisa Murkowski, Alaska, and Senator Maria Cantwell, Washington, have introduced a bill that would authorize the Navy to build up six icebreakers for use by the U.S. Coast Guard.The senators believe that the Coast Guard and the…

BMT WBM Scientist Udy wins Kevin Smith Prize

May 24, 2015

BMT WBM’s Brisbane-based Graduate Scientist, Danielle Udy, was recently awarded the Royal Geographical Society of Queensland 2014 Kevin Smith Prize for her honours research. The Royal Geographical Society of Queensland presents medals to…

Launch of First Future Destroyer, Hobart

May 24, 2015

Speech delivered by the Minister for Defence, Kevin Andrews during the launch of Hobart - the first future destroyer:Thank you for being here on this very important day.Today, is a significant milestone for the Air Warfare Destroyer Project…

Mayor Garcetti on Ratification of Port Labor Contract

May 23, 2015

International Longshore and Warehouse Union members have ratified a five-year contract governing pay and work rules at 29 West Coast ports, including those of Los Angeles and Long Beach. Mayor Eric Garcetti made the following statement regarding…

Fincantieri Invests In Camper & Nicholsons

May 23, 2015

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the world leading authority in all luxury yachting activities. The agreement includes…

Miller is VP - Government and Political Affairs, NOIA

May 23, 2015

The National Ocean Industries Association (NOIA) has promoted Megan Bel Miller to Vice President for Government and Political Affairs. She will lead NOIA's Congressional relations and Political Action Committee.Megan joined the NOIA staff in May 2013 as Senior Director…

Indonesia Rolls Out First Green Container Terminal

May 23, 2015

It was an historic moment for Indonesia when President of Indonesia inaugurated the Lamong Bay Terminal in Surabaya, East Java, operated by state-owned PT Pelabuhan Indonesia III (Pelindo III). The Lamong Bay is the first green-concept container terminal in the country…

Oil Leak Contained at MV Miner Site

May 23, 2015

On-site workers acted quickly to contain an oil leak during the final stages of removing the wreck of the MV Miner off Scaterie Island, says the government of Canada’s Nova Scotia province. About 800 litres of oil was collected after a…

Yemen-bound Aid Ship Docks in Djibouti

May 23, 2015

An Iranian ship carrying humanitarian aid for war-ravaged Yemenis has arrived in Djibouti. It will be inspected by the United Nations so its cargo can be shipped to conflict-torn Yemen. It now remains to be seen whether the ship will be boarded and inspected before continuing…

Russian, Azerbaijani Navy to Hold First Ever Joint Drills in Caspian Sea

May 23, 2015

About 10 Russian and Azerbaijani ships will take part in a joint naval exercise in the Caspian Sea for the first time; RIA Novosti cited the statement of Russia’s Southern Military District.  'The military officials of the countries reached…

Mobil Says Oil Discovery off Guyana is 'Significant'

May 23, 2015

Unlike almost all its neighbors, Guyana isn’t an oil producer yet. But the energy giant Exxon Mobil recently announced it had discovered “significant” oil off the coast.   The discovery could put Guyana on oil and gas Map and the country could become a player in the oil marketplace…

Logistics News

Brazil Beef Exports Projections Released

Brazil Beef Exports Projections Released

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Diana Shipping Plans Proxy Fight at Genco

Diana Shipping Plans Proxy Fight at Genco

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