China Merchants Energy Shipping Co Ltd (CMES) has firmed up orders to build six very large crude carriers (VLCCs) at Dalian Dalian Shipbuilding Industry Corp for $522 million, reports Reuters. The deliveries of 308,000dwt VLCCs are scheduled between August 2018 and October 2019…
Dozens of people with life jackets were found floating in Indonesia's Gulf of Bone on Sunday, some clinging to a fish trap, after abandoning their ferry in rough seas off Sulawesi Island, said officials, adding that two passengers had died…
Panama today filed an application with the International Tribunal for the Law of the Sea in a dispute with Italy regarding the arrest and detention of the MV Norstar, a Panamanian-flagged vessel. According to the application, from 1994…
International dry bulk shipowners seem only to scrap ships aged 18 years or older. While a couple of Chinese owners have scrapped ships that were even younger than that. 19 ships out of 28 ships built in 1998 to 1999 and demolished between…
The meeting of the Scientific and Technical Council (STC) Presidium of Russian Maritime Register of Shipping (RS) was held on 15 December 2015.The STC is one of the crucial components to ensure the RS activity on rendering the wide range…
BMT Isis, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has announced the appointment of Barry Flower as Marketing and Sales Director. Flower has 25 years of experience in the…
Thome Group in the Philippines has become the first local company to be accredited with ECO Office certification. The international ship manager has completed an environmental audit throughout its Singapore offices to achieve Eco-Office status…
Schmidt Ocean Institute’s research vessel Falkor returns from the first ever expedition to systematically characterize the rarely explored Mariana Back-Arc.HAGANTA, GUAM – A diverse team of scientists are returning from a 28-day expedition…
The port of Antwerp is on course to handle more than 200 million tonnes of freight this year for the first time ever. And in container transhipment too a new record has been set, with more than 9 million TEU (twenty-foot equivalent units…
Military veterans will soon have another outlet to channel and share their experiences, on a restored wooden yacht in California, thanks in part to GAC worldwide.The GAC Group’s five regions have donated to support the Wooden Boats For…
Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, says Castrol Marine Trade Barometer…
The largest container ship to visit the U.S. West Coast is scheduled to arrive at the Port of Los Angeles on December 26. The CMA CGM Benjamin Franklin, which was launched on December 10 is scheduled to make her maiden call at APM Terminals-Pier 400 at the Port of Los Angeles…
The new alliance was announced at the 10th WTO Ministerial Conference in Nairobi, Kenya and consists of governments, international companies such as Maersk Group, DHL and Wal-Mart, and the International Chamber of Commerce and the World Economic Forum…
WCI today applauded the work of negotiators to reach a final agreement last night for an FY 2016 Omnibus Appropriations bill that funds the Corps of Engineers’ Civil Works program under the Energy & Water Development Appropriations bill.…
Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors…
