The International Union of Marine Insurance (IUMI) is calling for vessel owners and technical managers to make records available that provide important information on the condition of the ship and its machinery when a ship changes owner.“The…
Chinese shipping behemoth Cosco Holdings has confirmed it will order 11 container megaships for $1.5 billion, despite an estimated 30 percent overcapacity in container shipping having sent freight rates to levels that at times don't even cover the fuel cost of moving containers across oceans…
CMA CGM has signed an agreement with the Port of Virginia to add the Port of Richmond as a destination for shippers booking cargo on its ships. The Port Virginia announced a cooperative effort with ocean carrier CMA CGM that will greatly enhance service at the Port of Richmond…
China’s 21st Century Maritime Silk Road and Economic Belt development vision has takers in UK maritime sector, reports Xinhua News Agency. Both countries expected to improve bilateral maritime cooperation in the 'Belt and Road' initiative…
The vital role that the River Thames plays in the economy, the movement of freight and the transport of passengers – and also in the wellbeing of the capital’s residents – has been made clear in two new reports launched by the Port of London…
The MV Sah Lian vessel which was reported missing on September 7 while on its way from Kuching to Limbang, was found about 26 nautical miles from Tanjung Baram, Miri. Sarawak Region enforcement chief Maritime First Admiral Ismaili Bujang Pit said…
Last night, Nele Maersk container ship, bound for Genoa with 21 crew on board, informed Spanish Maritime Safety Agency (Salvamento Maritimo) that there had been an accidental spillage of fuel during a routine operation of fuel transfer between tanks…
Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with Chubu Electric Power Co. Inc. In addition, one of the joint-venture companies…
Donegal fishermen are counting their lucky stars after a near-miss with a submarine last week. A shocked fisherman has described his close encounter with a submarine, which emerged from the water 200 yards away from his boat. According to a report in RTE Raidió na Gaeltachta Seán Briain…
The Department for Transport has planned to make the UK Ship Register more attractive, so that it rightly becomes the ship register of choice for quality owners and operators, says Robert Goodwill MP. He asserted his relentless commitment…
Indian Government is planning to establish low-cost Non-Major Ports along coastline under the Sagarmala project in an effort to boost coastal shipping and reduce wait times. Currently due to the concerns over lack of berthing facilities…
The world’s oldest enclosed commercial wet dock in Liverpool, North-west England is celebrating its 300th anniversary. Known locally as the ‘old dock’, it opened for business on 31 August 1715, providing a blueprint for the development of other trading ports…
APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4…
During the testing phase of the new Pacific locks for the Panama Canal, some water seepage was detected in a specific area of the new Pacific Locks in a section that separates the middle chamber and lower chamber, as they were being stressed…
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today reported that the previously announced sale of the 2001-built Panamax container vessel “Cap Domingo” will not proceed. As announced on July 28…
