International Maritime Organization (IMO)'s work to enhance fishing vessel safety received a boost today when Germany became the sixth State to accede to the 2012 Cape Town Agreement. The Agreement involves a basic set of safety measures for larger high seas fishing vessels…
London Ship Managers (LSM) has made substantial savings across its fleet of 9000gt refrigerated cargo vessels following an extensive refrigerant plant optimisation programme carried out by Oceanic Technical Solutions.An engineering team…
With profit before tax of DKK 480 million, Middelfart-based Selfinvest, which includes the global Group A/S United Shipping & Trading Company (USTC), is yet again filing an impressive set of financial statements. This was generated via record results in several of USTC’s subsidiaries…
Wilhelmsen Ships Service (WSS) is moving to ensure that its customers’ vessels pass through the new Panama and Suez Canals with the optimum efficiency, speed and safety thanks to a fresh Ships Agency ‘canal transit’ solution. The service, which will be run by dedicated local teams…
Mitsui O.S.K. Lines, Ltd. today announced that the MOL Benefactor, a 10,000-TEU containership has successfully passed through the expanded Panama Canal on July 1, 2016. This is significant in that the MOL Benefactor is the first Neo-Panamax…
Aibel Pte Ltd in Singapore has been awarded the E&P contract for modifications on Woodside Energy Ltd’s Nguijma-Yin floating production storage and offloading (FPSO) off Western Australia.The FPSO will undergo modifications to the topsides…
A Russian warship carried out 'unprofessional' maritime operations in close proximity to a U.S. Navy ship in the eastern Mediterranean Sea, a U.S. Defense official said on Friday.This is the second time the same Russian vessel has come within close proximity of a U…
The expansion of the Panama Canal will take traffic through the inter-oceanic passage to a new level, which already handles around 6 percent of global trade transportation, its administrator said on Saturday.With the expansion of the canal's width and depth…
Israeli carrier Zim Integrated Shipping Services (ZIM) might join the 2M Alliance between Maersk Line and Mediterranean Shipping Co., Alphaline said quoting industry sources. This news followed the last week's news of South Korea’s Hyundai Merchant Marine (HMM)…
Paris MoU reports that 2015 shows a large decrease in the refusal of access (“bans”) within the region: 11 bans compared to 20 in 2014. The detention percentage has remained stable at 3.33 percent. The number of deficiencies has decreased 10 percent related to 2014…
Bernhard Schulte Shipmanagement is proud to announce that it has received US Coast Guard (USCG) Qualship 21 Program approval for the BSM India-managed, Algoma-owned bulk carrier Honourable Henry Jackman. The Quality Shipping for the 21st…
Jinhui Shipping and Transportation has agreed to sell another supramax dry bulk carrier, having just made a similar deal earlier this month. The purchaser is a company incorporated in Hong Kong. The bulk carrier will be delivered to the new owner between 29 July to 30 August 2016…
Lerwick Harbour’s record-breaking cruise season will hit the first of several milestones this season on Thursday (30 June) with the arrival of Azura, the largest cruise ship yet to enter the Shetland port.The P&O Cruises vessel will arrive from Akureyri…
MacGregor, part of Cargotec, has won an order to supply MacGregor offshore cranes and a Triplex handling system for a 14,300gt polar research vessel being built for the Polar Research Institute of China. Designed by Aker Arctic Finland, it will be the first vessel of its type to be built in China…
Ocean carriers achieved a six-month high for liner service reliability in May, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The on-time average of 76.0% for the 10 trades covered was a 4…