Acquiring ships from financially troubled shipping companies will remain one of the mainstay jobs handled by South Korean finance house Korea Asset Management Corporation (KAMCO) next year, reports Korea Times. The company has bought 33…
Despite some recent turbulence, the global business environment for liquefied natural gas (LNG) remains strong, and a continuous growth in demand is expected for years to come, said Khalid Sultan R Al Kuwari, Chief Marketing and Shipping Officer of RasGas Company Limited…
Colombia will build a museum to showcase artefacts found in the wreckage of a Spanish galleon discovered near the historic Caribbean port city of Cartagena, President Juan Manuel Santos said on Saturday.The San Jose, thought by historians to be laden with emeralds and precious coins…
President Obama is today, expected to sign a five-year, $305 billion transportation reauthorization bill that Congress overwhelmingly passed yesterday which includes $11 billion in new freight funding grants and programs and other top priorities among America’s seaports…
Port of Townsville Limited (POTL) has welcomed the announcement this morning by Treasurer Curtis Pitt and Minister for Ports and Energy and Water Supply Mark Bailey of the appointment of two new locally-based Directors to its Board. Mr Shane…
Jasper Wiese, an apprentice with Hapag-Lloyd, is a huge fan of seafaring and everything having to do with mechanics. But what exactly does a budding ship mechanic learn? Even during his fifth week of training to become a ship mechanic, Jasper Wiese still couldn’t believe it…
Peel Ports announced that it has secured 50 advocates for its Cargo200 initiative and is urging other shippers in the North-west to add their weight to the campaign.Launched in May, Peel Ports called for importers and exporters whose…
Global cooperation must remain an absolute priority of European shipping policy. That was the principal message of ECSA’s contribution to the Senior Maritime Forum of Marintec China, the largest maritime event in Asia, which is being held in Shanghai this week…
BIMCO has always been a powerful enemy against the corruption that lurks in the maritime world. Indeed, the world’s largest international shipping organisation might be considered one of the few effective sources a ship operator can turn to…
Four years after launching a dedicated service into Papua New Guinea, Maersk Line is one of the key carriers in this fast growing Pacific country, claims Social Media Community of Maersk Line. Papua New Guinea occupies the eastern half…
Tenneco, a leading global supplier of Clean Air after-treatment technologies, has been awarded two approved in principle (AIP) certificates for its high horsepower selective catalytic reduction (SCR) system from DNV GL, one of the world’s…
Dun & Bradstreet Chairman of the Board, Christopher Coughlin, will be honored later this evening by the National Association of Corporate Directors (NACD) as Director of the Year.'Dun & Bradstreet is extremely proud to have Chris as our Chairman of the Board…
The IMO has just closed its Assembly meeting in London, which is held every second year. A number of important items were on the agenda, including the IMO work programme and budget for the 2016-17 biennium as well as the Organization's work…
The Navy's annual Installation Excellence Award winners were announced today by Commander, Navy Installations Command. This installation excellence award program recognizes the Navy's top three large and small installations, and rewards…
Press release - Ecoslops, the first company to develop technology to produce recycled marine fuels from marine oil residues (‘slops’), has announced that it has sold its first volume of marine fuel, as well as importing a new shipment of slops to its refinery at the Port of Sinès in Portugal…
