Vessels News

 

Rolls-Royce Wins Order for Live Fish Carrier

Jun 15, 2015

Rolls-Royce has signed an order for a Live Fish Carrier. This will be the third vessel developed by Rolls-Royce for the Norwegian ship owner Sølvtrans AS, one of the world’s largest transporter of live fish. The Rolls-Royce designed vessel…

Malaysian Tanker Missing

Jun 15, 2015

The Malaysian-registered vessel MT Orkim Harmony carrying 6,000 metric tonnes of RON95 petrol went missing in the South China Sea near Johor on Thursday (June 11). The tanker was sailing from Malacca to Kuantan Port.   Prime Minister Datuk…

UAE Cargo Handler Tests Florida Waters

Jun 15, 2015

Sharjah-based ports operator Gulftainer has opened Canaveral Cargo Terminal at Port Canaveral in Florida in the US for business. Gulftainer, a subsidiary of UAE-based conglomerate Crescent Enterprises, said the opening comes one year after…

Team Alvimedica Wins Lorient In-Port Race

Jun 15, 2015

Though Abu Dhabi Ocean Racing extended their lead in the Volvo Ocean Race in-port series French town Lorient on the coast of Brittany, it was Team Alvimedica who took the victory, serving up a perfectly constructed race as they selected the best wind…

Egypt to Open New Suez Canal on Aug. 6

Jun 14, 2015

Egypt's new Suez Canal is expected to open in early August in a project President Abdel-Fattah el-Sissi sees as a potent symbol of national pride and to boost the country's battered economy, according to a report in Reuters. The president ordered the new waterway to be dug in a single year…

Russian Ship Collides with Icelandic Coast Guard Vessels

Jun 14, 2015

The Russian tall ship Kruzenshtern collided with the Icelandic Coastguard patrol ships Þór and Týr, which were docked at the quayside. Both Icelandic vessels sustained damage. “These things can happen when a big ship is approaching the quay…

New Edition of Danish List of Lights

Jun 14, 2015

A new edition of the Danish List of Lights has been published that provides the readers with a complete overview of the lights around Denmark, the Faroe Islands and Greenland. The 2015 edition replaces the previous List of Lights from 2013…

Austal Hosts Littoral Combat Ship Gabrielle Giffords Christening

Jun 14, 2015

Austal joined the Honorable Gabrielle Giffords, her husband, retired Navy captain Mark Kelly, and ship’s sponsor Dr. Jill Biden in celebrating the christening of the future USS Gabrielle Giffords (LCS 10) today in Mobile, Alabama. This is the third littoral combat ship (LCS) in Austal’s 10-ship…

LISW15 Lines Up Speakers

Jun 13, 2015

London International Shipping Week 2015 (LISW15) is pleased to announce the line up, so far, of high level government and industry speakers for the official LISW15 Conference being held at the Grosvenor House Hotel on London’s Park Lane, on Thursday 10th September…

IACS's New Rules to Enhance Safety of Large Boxships

Jun 13, 2015

The International Association of Classifications Societies (IACS) has adopted new Unified Requirements that will further improve the safety of Large Container Ships by enhancing consistency between pre-existing Class Society provisions in this area…

Diana Takes a Hit on Charter Extension

Jun 13, 2015

Diana Shipping Inc. specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels…

Peel Ports, JNPT in Historic Partnership

Jun 13, 2015

At a formal event presided by ShriNitinGadkari, Union Minister of Road Transport,Highways and Shipping in the presence of ShriAnil Desai, Member of RajyaSabhainMumbai, India’s No.1 Container Terminal Jawaharlal Nehru Port Trust,  have today…

Dun & Bradstreet to Focus on Core Commercial Strategy

Jun 12, 2015

Dun & Bradstreet will acquire the entirety of Dun & Bradstreet’s ANZ business, including consumer risk and debt collection, and commercial solutions, for AUD $220 million. As part of the agreement, pending regulatory approval, Credit Data…

Container Shipping Capacity Threat for Profitability

Jun 12, 2015

The rapid expansion of container shipping capacity this year threatens to reverse the strong profitability ocean carriers showed in the first quarter, Drewry Shipping Consultants Ltd said. Carriers weathered a storm of low rates in the…

Euronav to Acquire Metrostar VLCCs

Jun 12, 2015

The world’s largest listed crude-tanker operator Euronav is planning to buy 18 tankers for around $1.2 billion in one of the biggest deals involving oil carriers this year, reports WSJ. The reports says that Euronav is in advanced discussions…

Logistics News

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

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