Otto Marine Limited, an offshore marine company which owns and operates a fleet of offshore support vessels, shipyard and offers specialized offshore services, announced that the group has appointed UOB Kay Hian Holdings Limited to advise the group on strategic options…
During the second quarter, the overall industry reliability has improved. However, Maersk Line is pleased to have improved their performance so that they can continue to lead the industry on reliability. The midyear review of Maersk Line…
Hsin-Chi Su, Chairman and CEO of Today Makes Tomorrow Group (TMT) launched a suit in Texas federal court on July 28, 2014, alleging that a planned bankruptcy sale of three company ships, including M.V.D Whale, M.V.G Whale and M.V.H Whale, to Mega International Commercial Bank Co…
The Maritime Labour Convention (MLC), an international agreement which safeguards the employment rights, working conditions and health care of seafarers, came into force in the UK on 7 August. Shipping and maritime law expert Katie Williams of Pinsent Masons…
Star Bulk entered into a definitive agreement with Excel Maritime Carriers Ltd., and as a result, will acquire 34 drybulk vessels for an aggregate of 29.917 million shares of common stock of Star Bulk and $288.39 million in cash.Star Bulk Carriers Corp…
Cultivating next generation of leaders from head office and overseas subsidiaries, promoting management skills to drive future innovation.Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company launched a program on August 4 to train…
The Maritime Administration (MARAD) says it is proud to support the international effort to destroy Syrian chemical weapons and agents by providing the M/V CAPE RAY and its all-volunteer U.S. Merchant Marine crew to support this critical mission…
The Shipowners’ Club marked the conclusion of Donald MacLeod’s six year tenure as Chairman with a Board meeting in his home town of Halifax, Nova Scotia, as well as a reception there for local Members and brokers. Philip Orme was appointed to…
The Port of Hamburg continues record performance handling a total of 72.6 million tons (+ 6.6 percent) in the first six months of 2014. Hamburg’s universal port with 50.7 million tons of predominantly container handling achieves a result of 4…
Mitsui O.S.K.Lines,Ltd. (MOL) announced that it supported PH-Japan’s (Peoples’ HOPE Japan’s - PHJ) Myanmar healthcare program to provide free transportation of PH-Japan’s container filled with 2,000 units of digital thermometers and electronic…
Amendments to the International Safety Management (ISM) Code will enter into force on 1 January, 2015, introducing new requirements for manning and company verification, and new references to related IMO guidance, as follows:Changes to manning requirementsAmended paragraph 6…
Three major maritime organizations, the Company of Master Mariners of India, the Institute of Chartered Shipbrokers and Shipping Professionals Network-Mumbai teamed up to focus on the recent International Maritime Organization’s (IMO) initiative on container weight verification…
Artemus Transportation Solutions will be holding its Global Commerce- International Transportation & Trade Shipping 101 Course on September 15-19 in the Seattle-Tacoma area. This is the third time the Shipping 101 course will be hosted by the Marine Exchange of Puget Sound in Seattle/Tacoma…
In the early hours of Saturday 9th August 2014, the radar of a product tanker transiting south, 200 nautical miles off the Nigerian shoreline detected a probable pirate mother ship lying in wait close to its track. Shortly after detecting the vessel…
VT Halter Marine launches one, christens one and delivers two for Hornbeck Offshore OSV programVT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc., announced four separate shipbuilding milestones for the Offshore Supply…
