RINA Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships at 15,000 GT owned by IRISL, a major shipping company in Iran. This dual classification is the result of a partnership signed…
Singapore-based bulker player Pioneer Marine has terminated five handysize newbuild contracts at Yangzhou Guoyu Shipyard. The leading shipowner and global drybulk handysize transportation service provider announced the following developments…
Navig8 Product Tankers Inc. an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of the Navig8 Sanctity, a 110,000 DWT LR2 tanker, from Sungdong Shipbuilding & Marine Engineering Co…
The Global Shippers’ Forum (GSF) says that the use of mega ships and alliances remain the main problems within the shipping sector. The popular belief is that larger ships and alliances are good for competition because of the benefits they give…
U.S. shipbuilder Huntington Ingalls Industries (HII) said it has begun the process of establishing a fund to provide educational assistance for children of HII employees.While details of the educational fund are still being developed, it…
Zvezda shipyard (Far Eastern Shipbuilding and Ship Repair Center) held a solemn ceremony dedicated to Submariner’s Day and to the end of overhaul of nuclear-powered cruiser Kuzbass, says press center of Far Eastern Shipbuilding and Ship Repair Center…
The public are being asked to name the UK’s new polar research ship. The current front-runner for the vessel's name is already gathering a lot of attention: RRS Boaty McBoatface. An open vote has been set up to name the next Royal Research Ship (RRS)…
Indian minister for shipping Nitin Gadkari has said port and shipping sector has potential to create nearly 4 million direct jobs and 6 million indirect employment opportunities over the next 5 years. Gadkari said 'all the developed countries have a vibrant port sector…
The German company competing for Australia's $50 billion submarine contract is ramping up its pitches and lobbying became more intense. Germany is positioning itself as the 'safe option' to build Australia's new submarine fleet, arguing it avoids upsetting China…
Cypriot president Nicos Anastasiades has expressed his government’s determination to protect and further develop the shipping sector as per report in Financial Mirror. “Over the past decades Cyprus has built up an exceptional maritime infrastructure and high level of expertise…
International trade relies on transportation by sea, as about 85 percent of the freight volumes are shipped globally by vessels. But while maritime is widely regarded as the most environmentally benign of any transport system, maritime transport can cause a diverse environmental burden: It includes…
Burger Boat Company announced the start of construction on Hull 510, a custom 103'-06' (31.55m) full displacement steel and aluminum Explorer Motor Yacht. The Owner and Designer, Luiz De Basto of Miami, Florida, USA, recently visited the shipyard in Manitowoc…
NYC Awards New Ferry Service Deal to HornblowerNew York City Mayor Bill de Blasio announced that the Citywide Ferry Service is on track to launch in 2017, with the selection of Hornblower, Inc. as its operator. The new service, which will…
South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) has been hit by another hurdle as it faces KRW 120 billion (USD 100.5 million) in taxes, Yonhap news agency informed. HHI has been notified by the country’s tax authorities…
Adm. Zukunft: “If you take the mariners away, what is the world going to look like 10 years from now? If we don’t have a US fleet or US shipyard to constitute that fleet, how do we prevail?” The House subcommittee on Coast Guard and Maritime…
