Inchcape Shipping Services (ISS) has advised that the Bosphorus Strait in Turkey will be closed in both directions on 10 July between 06:00-14:00 approximately due to ongoing construction works on the Yavuz Sultan Selim Bridge (initially named the Third Bosphorus Bridge)…
Today, software developer Helm Operations announced that it has signed Pacific Pilotage Authority (PPA) Canada to its Helm CONNECT Preventive Maintenance software. PPA operates five pilot boats and provides complete pilotage services for…
P.Sudhakar, Chairman & Managing Director, Electronics Corporation of India Limited (ECIL) handed over a critical homeland security system - Radiological Detection Equipment (RDE) to Neeraj Bansal, Chairman In charge, Jawaharlal Nehru Port (JNPT)…
A Matson ship en route to Oahu from California has stalled at sea and may need to be towed to the islands, reports Hawaii News Now. A problem in the engine room cut off power on the cargo ship, Matsonia, and engineers onboard are working to restore power…
T.S. Lines has placed an order with Taiwan's CSBC Corp for two containerships with capacities of 1,800 TEUs, with an option for an additional two similar units. The price the Taiwanese carrier paid for the new vessels, which are set for delivery in the second half of 2017…
Mersey Maritime has hosted a visit by Maritime London as part of an initiative to develop ways in which the two bodies can encourage maritime organizations to work more closely together.Maritime London Chairman Alderman the Lord Mountevans of Chelsea…
The International Chamber of Shipping (ICS) has announced its final program for this year’s ICS International Shipping Conference which features speakers from across the global industry. The conference is one of the principal events during the second London International Shipping Week (LISW15)…
Global shipping consultancy Drewry predicts the container ship industry will be 'lucky to break even this year' as shipping rates slump due to catastrophic overcapacity. A toxic mixture of overcapacity, weak demand and aggressive commercial…
President Nursultan Nazarbayev has formally opened the Borzhakty – Ersai railway. The 13·9 km branch from the Aktau - Uzen line will serve a port which is being developed on the Caspian Sea near Kuryk. Construction of the line including the laying of 22·3 km of track was undertaken by Kamkor…
Hyundai Heavy Industries announced today that the company has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine (GE), a leading industrial gas turbine maker, and has secured Approval in…
The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R. Saadé, founder, Chairman and Chief Executive Officer of the CMA CGM Group…
Hyundai Heavy Industries (HHI) announced it has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine and has secured Approval in Principle (AIP) on the vessel from the U.K.-based Lloyd’s Register…
Though international analysts like Morgan Stanley said that the Greek crisis will not have a direct impact on shipping companies, Greek shipping companies listed on U.S. stock exchanges sank on Monday. Greeks have said No to austerity terms imposed by international creditors…
APL was the most reliable carrier with a global on-time performance of 85.5% in May 2015, according to the latest Global Liner Performance Report by SeaIntel Maritime Analysis. The report, which ranks the performance of the top 20 carriers…
GB Group inaugurated their Port Lafito, a world-class modern container port in Haiti. They informed that the port is now open and operational.Port Lafito is Haiti’s first Panamax Port with state of the art equipment and technology. The multi-million dollar project…
