Mumbai-based shipping firm Varun Shipping Co. Ltd will be split into two listed entities after the Bombay high court approved a demerger scheme. The Company announced that according to the Composite Scheme of Arrangement and Amalgamation…
VIKING Saatsea has achieved flag state approval for its STCW on-board training solution with refresher modules according to new STCW 2010 Manila Amendments.The approval of the company’s 24/7, customizable certification management training…
VesselsValue.com is launching Discounted Cash Flow (DCF) valuations to its existing portfolio of daily, automated valuations for the shipping industry.Discounted Cash Flow vs Market ValuationsDiscounted Cash Flow Valuations is the…
Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced. The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine…
The $3.5 billion Phase 3 and 4 expansion of Pasir Panjang Terminal was officially opened by Prime Minister Lee Hsien Loong on Tuesday (June 23). The expansion will add 15 berths with a 6 km quay length to the container terminal's existing 52 berths…
Hyde Marine, Inc. has announced the appointment of LEMAG Engineering GmbH as its exclusive sales agent in Germany to help ship owners deploy the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) onto their new builds or existing vessels…
Seagull Maritime has launched a new onboard training course covering Enclosed Space Entry in ships, at a time when the issue is being brought into sharp focus by industry regulators. A committee meeting of the Ports Memorandum on Port State…
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announces a new direct, weekly LCL (less than container load) import service from Milan to Charleston with a 21 day transit. Connections to Miami…
Oil and gas industry service provider Petrofac has selected a range of Alfa Laval environmental products for the new Petrofac JSD6000. Alfa Laval PureDry, PureBilge and PureBallast will all be installed aboard this game-changing derrick lay vessel…
The Preventing Labor Union Slowdowns Act of 2015 (PLUS Act) was introduced last Thursday in the United States Senate to help prevent the type of maritime labor slowdowns at the Port of Portland and 28 other West Coast ports that disrupted domestic and international trade and nearly brought the U…
Kestrel Liner Agencies, a pre-eminent ocean freight provider serving the Caribbean, has started offering capacity on the Haven Platform. Haven, the private marketplace for buying and selling ocean freight capacity. The new partnership offers shippers a growing selection of port pairs…
Authorities in Panama began on Monday filling up the Panama Canal's new Pacific locks. Water for the locks is coming from Miraflores Lake, the Panama Canal authority (ACP) said. Three electric pumps will each move 30,000gl of water per minute and 15 diesel pumps 7…
Norway's Maritime Partner is set to reach a landmark in its history as it completes the construction of its 2000th vessel since founding in 1994.Maritime Partner CEO Peder Myklebust said the Aalesund based company is ‘immensely proud’ that…
Loop 7 service to include direct port call to Gdansk, Loop 4 to serve Port Said westbound call.In response to the market demand, members of the G6 Alliance today announced the following Asia – Europe service enhancements to improve product…
As part of its commitment to sustainability, the GAC Group has become a member of the World Ocean Council (WOC), the international ocean business alliance for Corporate Ocean Responsibility. GAC joins more than 80 WOC members from the shipping…
