Vessels News

 

Satcom Global Expands its Reach

Feb 10, 2016

Satcom Global has added marine and offshore safety and security products along with a range of enhanced engineering services to its portfolio following a full rebrand of sister company AND Group.Bringing more than 40 years’ experience in the design…

Bibby Tops IoM Ship Management

Feb 10, 2016

Bibby Ship Management is once again the largest representative for vessels flying the Isle of Man flag in providing representative services for 30% of vessel tonnage registered on the island. This compares with 25% in 2014, according to official statistics…

WCI Reacts to President's Budget Request

Feb 10, 2016

Waterways Council, Inc. (WCI) reacted to the FY 2017 budget request made by President Obama earlier today, as detailed below.  The Budget •  proposes $4.620 billion for the U.S. Army Corps of Engineers’ Civil Works program, a 29.8% cut from the $5…

CMA-CGM and Cosco Alliance in the Offing?

Feb 10, 2016

The newly-formed shipping giant China Cosco Shipping Corporation and CMA CGM met recently in Shanghai to discuss the possibility of a new French-Asian alliance, say local Chinese media. According to sources,  the alliance would also include Orient Overseas Container Line (OOCL)…

ICS Publishes Flag State Performance Table

Feb 09, 2016

The International Chamber of Shipping (ICS) has published its Shipping Industry Flag State Performance Table for 2015/2016, which can be downloaded free of charge via the ICS website. The ICS Table provides an annual overview of the performance…

West Antarctic Ice Sheet: How Stable is it?

Feb 09, 2016

Exceeding critical temperature limits in the Southern Ocean may cause the collapse of ice sheets and a sharp rise in sea levelsA future warming of the Southern Ocean caused by rising greenhouse gas concentrations in the atmosphere may severely…

Attempts to Move Containership CSCL Indian Ocean Aground in Elbe Successful

Feb 09, 2016

The last five days stuck in Elbschlick 400-meter (1,312 feet) CSCL Indian Ocean, the 19,000 teu vessel aground on the river Elbe, owned by China Shipping Group Co.,  is available again. After several failed attempts to budge the containership…

Seaspan Venture: Like for Like

Feb 08, 2016

“We don’t usually remove the heads at mid-life on the Cummins engines,” Randy Beckler, Shore Engineer for Seaspan Marine, explained in reference to the 2003 launched Seaspan Venture’s third like-for-like repower. The repower was completed in the first week of February 2016…

IMO Revises Guidelines for AIS Use

Feb 08, 2016

The International Maritime Organization (IMO) has published revised guidelines for onboard operational use of shipborne automatic identification systems (AIS), as Resolution A.1106(29). These are operational guidelines, developed to promote the safe and effective use of AIS…

Nigerian Navy Foils Hijack of Maersk Ship

Feb 08, 2016

The Nigerian Navy has foiled an attempt by suspected pirates to hijack and abduct 25 foreign nationals aboard a container ship operated by A.P. Moeller-Maersk A/S carrying general cargo to Nigeria with 25 sailors on board, say local media. Executive…

Shipping Industry Clean Up its Act

Feb 08, 2016

Shipping impacts the world in many positive ways by enabling trade around the world, But despite all the positive impacts, you also have negative impacts, especially environmental impacts, CNBC quoted as Mads Stensen, global sustainability manager at Maersk saying…

Cyprus Shipping 'Navigates' the Country to Recovery

Feb 08, 2016

Cyprus shipping sector has evolved in the recent years as one of the leading sectors of the economy and “navigates” Cyprus to economic recovery, President of the Republic Nicos Anastasiades stressed says a report by CNA. President Anastasiades…

Demolition Age Drops as the Dry Bulk Market Enters Another Challenging Year

Feb 08, 2016

The dry bulk market faced a lot of headwind in 2015 as dwindling demand and over-supply created very unfavourable market conditions, says BIMCO. 2016 has shown no improvements so far and prospects for the rest of the year are not looking promising…

Globus Maritime Reclassifies Board Member

Feb 06, 2016

Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28, 2015, the Company’s Board of Directors  was comprised of two Class II directors…

Cosco Merger May Change Industry Dynamics

Feb 06, 2016

The merger between China Shipping group and the Cosco Group has given rise to a mammoth company that could trigger stability and extended consolidation in the global shipping industry, says a report in the WSJ. The merger will free the…

Logistics News

Online Training Helps Maritime Professionals Recognize Signs of Human Trafficking

Online Training Helps Maritime Professionals Recognize Signs of Human Trafficking

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

International Propeller Club Elects New Officers to Lead Global Maritime Network

International Propeller Club Elects New Officers to Lead Global Maritime Network

Acquisition Consolidates Europe Shortsea Vessel Sector

Acquisition Consolidates Europe Shortsea Vessel Sector

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