The 5 Gyres Institute, a leader in global plastic pollution research, has launched an online contest for those who want to learn first-hand about the problem and help drive solutions. One winner will be chosen to join the final leg of 5 Gyre’s June research expedition to the North Atlantic Ocean…
China Merchants Energy Shipping has posted 22.6% on-year growth in net profit to Yuan225m ($36.3m) during the first quarter ended 31 March 2015 due to buoyant tanker markets. Revenue for the quarter more than doubled to RMB1.36bn from YuanB660…
Japan may join the United States in air patrols in the South China Sea in response to China’s growing intent to make good on land claims, according a report in Reuters. Japan's military is considering joining the United States in maritime…
Scorpio Tankers has announced a public offering of 15 million common shares, with an underwriter’s option to purchase up to an additional 2.25 million units. New York Stock Exchange-listed Scorpio says it plans to use the proceeds to fund…
Russia has launched the fourth of its Varshavyanka-class diesel-electric submarines. Russia has launched what it claims to be the “quietest submarine in the world.” Admiralty Shipyards - a Russian defense company - held a ceremonial launching…
The attempt to artificially whiten the surface of the Arctic Ocean and offset climate change will not be able to reduce global temperatures substantially. It could in principle help restore some amount of sea ice, says a research based on model configurations…
Greek ship-owner Costamare and US-based hedge fund York Capital Management are considering extending the life of their investment joint venture that has already spent more than $1 billion on new and secondhand container ships. “Our joint…
On Thursday, April 30, 2015, U.S. National Park Service Director Jonathan B. Jarvis and U.S. Maritime Administrator Paul N. Jaenichen will host a media conference call to highlight projects receiving grants through the Maritime Heritage Program…
In June 2014, Sea Star Line partnered with the 11 clubs of the Boys & Girls Clubs of Puerto Rico in a contest to name the new liquefied natural gas (LNG) vessels which will be dedicated to the Puerto Rico trade by TOTE, Sea Star Line’s parent company…
Argentina's main grains port of Rosario was paralyzed at midday on Wednesday by an open-ended wage strike by boat captains needed to help dock incoming cargo ships, the country's port management chamber said. At a busy time of the year for exporters…
GTT Training announced the expansion of the capabilities of its LNG Cargo Operations Simulator. Used to provide hands on, real time training in the processes and procedures that must be followed to undertake and complete any type of LNG cargo related operation…
By focusing on operational improvements, shipping companies are reducing fuel consumption, saving money and cutting greenhouse emissions, while continuing to increase the amount of freight transported. Maersk Line, the world's largest container carrier…
Danish shipping company Maersk said on Wednesday the crew of the Maersk Tigris container ship were safe and 'in good spirits' after Iranian authorities seized the vessel in the Strait of Hormuz the previous day. Iranian patrol boats fired warning shots as they intercepted the vessel…
High ranking state officials from Norway met with the senior management team at DNV GL’s maritime headquarters in Hamburg today. Tor Svensen, CEO, Knut Ørbeck-Nilssen, COO, and Torsten Schramm, President of DNV GL – Maritime, shared the classification…
The trend in maritime security is one of growing complacency, the Chief Operating Officer of one of the UK’s maritime security firms has warned. Speaking at the Global Shipping Trends and Trade Patterns conference in London has (April 29th)…
