The icebreaker 'Xuelong' made the Arctic Ocean passage from China through to Norwegian waters.The Chinese icebreaker completed the Arctic North-East Passage marking the first such voyage by a Chinese vessel and opening an Arctic route connecting…
Teekay Tankers Ltd. reports results for the three months ended June 30, 2012, pays out reduced dividend compared to Q1.Excerpts from the quarterly report follow:In June 2012, Teekay Tankers completed the previously announced acquisition…
Hong Kong-based Profit Summit Deluxe Cruise partner with Thailand's Eastime Shipping for China – Thai cruises.China’s rapidly increasing involvement in cruise shipping investment has been underlined by a recently completed first cruise voyage in the Gulf of Thailand…
Yanmar Europe to display its new V-12 marine diesel engine (12AY) at upcoming SMM 2012 trade fair.With easy installation and maintenance, the purpose-built 12AY is ideal for offshore support vessels, ferries, tugs, commercial fishing craft and other demanding applications…
As the demand for ship supply services off the island of Sri Lanka grows, so too has GAC Sri Lanka.The company has moved into new, bigger premises at Galle and Trincomaleeand opened a new branch in Hambantota to accommodate increased maritime activities and better meet its customers' needs…
Survey ship HMS Echo become the first Royal Navy ship to visit Libya since the fall of Colonel Gaddafi.HMS Echo, in the final stages of a 19-month mission to gather ocean data and update nautical charts in waters east of Suez, began her Libya…
IMO Secretary-General at Korean World Fair to reiterate organization’s commitment to sustainable maritime development.IMO Secretary-General Koji Sekimizu will be among the high-level attendees as the Expo 2012 World Fair in Yeosu, Korea, nears its close…
Recognizing the Arctic is changing rapidly the Summit convenes decision-makers on infrastructure investment, natural resources, policy and security.Rapid change in the Arctic due to melting sea ice brings new opportunities and challenges. To address the complex Arctic agenda…
Aegean Marine Petroleum Network Inc. plans expansion in Barcelona, contracts with Meroil for onshore fuel oil storage.Aegean Marine Petroleum Network has signed an agreement to secure onshore fuel oil storage capacity in Port of Barcelona and plans to start supply operations by the end of Q1 2013…
Growth in shipping earnings & rebound by maritime services segment lift operating profit in second quarter 2012.Operating profit for the second quarter was USD 139 million (USD 71 million), an increase of 94% compared with the second quarter of 2011 and up 31% from the first quarter of 2012…
Singapore's Neptune Orient Lines (NOL) Group reports US$57 million Year-on-Year improvement in Core EBIT.Excerpts from the financial report follow:NOL Group report second quarter 2012 Core EBIT (Earnings Before Interest and Taxes) of US$16 million…
Aberdeen Harbour records significant North Sea energy sector traffic increase in first half 2012.Continued growth in the oil and gas sector was reflected in the increase in support vessels that used the port over the first six months of the year – up nine per cent from 2…
Inchcape Shipping Services appoints new General Manager for Brazil, Capt. Mariano Martinoia. Capt. Martinoia will be based in Rio de Janeiro, at the company’s head office for Brazil. He will be responsible for managing ISS’ nine Brazilian offices which cover all the country’s ports…
ASA and NAMEPA announce marine sciences project awards competition for high schools, colleges, and academies. The Education Committees of the American Salvage Association (ASA) together with the North American Marine Environmental Protection…
Wakefield Research nationwide survey reveals generational divide over relaxation habits.The 2012 Princess Cruises Relaxation Report, commissioned in celebration of National Relaxation Day on Aug. 15, revealed that Boomers and their adult children's…