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…
Spectrum ASA entered into a Multi-client master co-operation agreement with the federal government of Somalia during a signing ceremony on September 5th at the SYL Hotel, Mogadishu.The agreement allows Spectrum to acquire approximately 28…
Maersk Line, the container shipping unit in the A.P. Moller-Maersk group in Copenhagen, says it will cut about 16% of its capacity on the West Central Asia-Europe trade lane. 'In our continuous effort to provide our customers with an attractive…
Japanese shipbuilding and maritime transport company Tsuneishi Holdings will invest up to $40 million to open ship repair services in Indonesia amid increasing efforts by the government to boost the archipelago's maritime industry, reports Jakarta Globe…
A survey by Clyde Marine Training shows that just under half of Merchant Navy personnel are still unaware of what STCW Refresher Training means and what they have to do to be compliant a full five years since the Manila Amendments were first introduced…
Many pieces of rotating equipment are operating below optimum capacity, affecting production costs, revenues and resulting in unexpected down time. DNV GL has been working together with operators to help unlock the potential of their existing rotating equipment…
Gujarat Pipavav Port Ltd (APM Terminals Pipavav) announced the successful berthing of the largest container vessel with capacity of approximately 9,971 TEUs in the history of the port. Maersk Saltoro is the largest container ship (981 feet long) ever to call at APM Terminals…
Chinese domestic container carrier Nan Tsing Container Lines has ceased operations of its entire shipping fleet as it struggled with mounting debts, says local media. This leaves more than 40 containerships operated by the shipping lines have been detained at several major ports in China…
In its latest weekly report, London-based shipbroker Gibson noted on China that “certainly, Chinese manufacturers have lost their appetite for commodities which has impacted heavily on demand for coal, iron ore and copper with an obvious impact on the dry cargo market…