The bulker and tanker unit of state conglomerate China Shipping Group, China Shipping Development Co (CSDC) has delivered a first half performance which saw its profit spike, exceeding the company's latest forecast. CSDC has recorded a six-fold increase in profit in the first half of this year…
Set to expand its footprint in the South Asian market, Hamburg-based United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd. as its General Agents in India, to help ramp up operations from Mumbai. With two vessels…
Chinese sailor Guo Chuan intends to make it world’s quickest Northern Sea Route trip from Murmansk to the Bering Strait in 14 days without engine power.His trimaran “Qingdao China' is docked in Jarfjord outside Kirkenes, Norway, as the last preparations for the Arctic voyage are handled…
The U.S. Department of Transportation’s Maritime Administration (MARAD) today celebrated the launch of field trials for the first prototype hydrogen fuel cell unit to power onboard refrigerated containers. MARAD, through a cooperative agreement with the U…
Volvo Penta today unveiled its new family of next-generation 5.3L V8 gasoline engines for the marine sterndrive market in a press preview at the company’s Test Center in Suffolk, Va. “Volvo Penta has a rich history of innovation in marine propulsion…
North Korean vessels owned by Ocean Maritime Management (OMM) have been seen using Russian ports, says the NK News vessel tracker. OMM was sanctioned for its involvement in smuggling weapons through the Panama Canal in 2013. While the…
The first ship outfitted with the Van der Velden FLEX Tunnel was named Friday, August 14th in Duisburg. The Rhenus Duisburg, the new barge combination from shipping company Rhenus PartnerShip, has been put through extensive tests and trials…
Austrian boatbuilder Frauscher Bootswerft GmbH has chosen Torqeedo to power its line of luxury electric boats and yachts. The Deep Blue inboard motor was selected for the brand new Frauscher 740 Mirage Air that debuted in July 2015, and is also available with Frauscher's 650 Alassio…
The upgraded version of the Wärtsilä 34DF engine is rapidly becoming established as an industry standard. The three major South Korean shipyards are supporting the use of this engine for auxiliary applications in the LNG Carrier segment where dual-fuel engines are favoured…
MacGregor, part of Cargotec, plans to reduce workforce in MacGregor Uetersen site in Germany to restructure the operations to the weak market demand. The market situation has deteriorated due to the low oil price and low number of new merchant ship orders…
APM Terminals Pipavav (Gujarat Pipavav Port Ltd) and NYK Auto Logistics (India) today announced the commencement of RORO operations at Pipavav Port. Ford Motors India Pvt Ltd dispatched the first lot of its new Ford FIGO built in its Sanand plant in Gujarat for exports…
The opening of a new break bulk terminal is one of the many developments and investments in the break bulk sector in the port of Rotterdam; a sector that has been very much on the up in recent years.The new Liebherr crane helped Pacorini establish itself…
The container carriers have managed to reduce their combined CO2 emissions by around one third since 2009, according to a new report. Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8…
U.S. Coast Guard crews from Southeastern New England conducted various evolutions with the Royal Canadian Navy to train and improve the inter-operability of the two nations’ militaries and surface search and rescue assets.Coast Guard Station Woods Hole…
Radio Holland in Singapore has signed a Managed Service Agreement (MSA) with Thome Ship Management that will cover nine vessels for four years. Thome Ship Management, headquartered in Singapore, has worked for many years with Radio Holland…
