Container Shipping Giants to Settle with EU Commission

Image Courtesy: WSC

Container shipping companies that are being investigated by the European Commission over a suspected breach of ...

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Damaged Anthem of the Seas Arrives to Cape Liberty

Image Courtesy: RCL

The storm-damaged Royal Caribbean cruise ship Anthem of the Seas returned to Cape Liberty, New ...

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Odfjell Cuts Net Loss, Continues Talks on Delayed Deliveries

Image Courtesy: Odfjell

Bergen-based shipping and tank terminal company Odfjell has reported a drop in 2015 net loss to USD 36 million, ...

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In Depth>

Maersk Line Readies for Much Lower Results in 2016

Maersk Line CEO, Søren Skou; Image Courtesy: Maersk Line

Maersk Line expects a significantly lower underlying result for 2016 compared to 2015 as the container shipping ...

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Navios Maritime Acquisition’s Net Income Surges in 2015

Image Courtesy: Navios Maritime Acquisition

As 2015 was a strong year for the tanker shipping market, the Monaco-based owner and operator of tanker vessels ...

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Spotted: Celestyal Olympia Awaits Facelift in Turkey

Image Courtesy: Besiktas Shipyard

Celestyal Olympia, a cruise ship owned by Cyprus-based cruise line Celestyal Cruises, has arrived at the Turkish ...

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Another Strong Year for Associated British Ports

Image Courtesy: ABP

Associated British Ports (ABP), comprising of a network of five ports in South Wales, handled more than 12.5 ...

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BIMCO: Six VLCCs Mark Strong Delivery Start in 2016

Image Courtesy: Euronav

Six new Very Large Crude Carriers indicate that 2016 is off to a flying start when it comes to delivering brand new ...

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Boost for Ardmore’s Debt Financing

Image Courtesy: Ardmore

Ardmore Shipping Corporation has secured an additional debt refinancing which brings the total amount of debt ...

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ITF Releases Images of 'Shocking' Safety Breaches on Water

Image Courtesy: MUA

The Greek-owners of the Panamanian-flagged bulk carrier Christine B have not only been underpaying its 19 Filipino ...

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Hapag-Lloyd Expands and Upgrades Its Fleet

Image Courtesy: Hapag-Lloyd

German container shipping company Hapag-Lloyd has taken delivery of two 3,500 TEU ships with a special wide-beam ...

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Mercator Offloads Bulker Arm for USD 2

Image Courtesy: Mercator

India’s Mercator International Pct has entered into an agreement to sell 900.85 million shares of the ...

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Wärtsilä Powers Japan Shipping’s Shift to Gas Age

Image Courtesy: Wärtsilä

A total of sixteen new gas carrier ships being built in Japan for Japanese owners are to be powered by Wärtsilä ...

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AAPA: Obama’s 2017 Proposed Budget Lopsided for US Ports

Image Courtesy: AAPA

The American Association of Port Authorities (AAPA) expressed its dissatisfaction with President Obama’s fiscal ...

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Events>

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PUMPS & VALVES 2016

The 16th edition of PUMPS & VALVES in co-location with Maintenance, 20 and 21 April 2016 in Antwerp expo, will present a complete overview of all the technologies and innovations in the field of industrial pumps, valves and seals.

The exhibition will feature industrial pumps, control valves, valves, seals, filters and filtration, processing equipment, piping & pipelines, services for industry, governmental agencies & pipeline operators.

Pumps and Valves’ second duo edition, co-located with Maintenance, enjoyed a solid 8% increase in visitors with a total of 5.492 visitors.

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FPSO Europe Congress

Why Attend the 2nd Annual FPSO Europe Congress?
Discover how FPSO leaders are embracing the new realities of a low oil price environment – what are the strategies to adopt in pursuit of viable economical FPSO projects?…

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Port & Terminal Technology Conference & Exhibition 2016

MCI Media Limited are hosting the 8th International Port & Terminal Technology Conference & Exhibition in Charleston, SC.

This year, we are delighted to welcome South Carolina Ports Authority as official supporters.

Having established itself as a “must-attend” key industry event, Port & Terminal Technology will deliver an informative and technical conference programme complemented by an impressive line-up of industry experts.

Exploring the latest developments, issues, trends and technology affecting ports and terminals around the globe, the conference will provide delegates an invaluable learning opportunity as well as an excellent platform for discussion, debate and networking.

Port & Terminal Technology is specially designed for representatives from operations, maintenance and engineering from port authorities, terminal operators, consultancy firms, dredging contractors, maritime construction firms and suppliers of cargo handling equipment and those involved in the effective development and operation of container ports and terminals.

The conference is complemented by an intimate exhibition, comprising a select handful of elite market leaders, enabling companies to reach a niche target audience, showcase their products and network with potential, new and existing clients.

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World Water Works 2016

Rising sea levels, ever-larger container ships, increased pressure on the accessibility of ports and waterways and the associated infrastructural requirements are all global problems.

The time is ripe for sustainable solutions which are both financially feasible and ecologically responsible.

Conference and exhibition

The two-day international hydraulic engineering conference and exhibition World Water Works on 23 and 24 March 2016 at Antwerp Expo brings together science, industry practices and trends related to:

– Hydraulic engineering
– Accessibility of ports and waterways
– Coastline and shoreline projects
– The construction of bridges, locks and tunnels
– Future offshore sea ports

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Maersk Group’s Full-Year Profit Down 82 Pct

Image Courtesy: Maersk

Danish shipping and energy conglomerate Maersk Group delivered a profit of USD 925m for the full year ending ...

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Cargo Volumes at US Container Ports Expected to Go Down

Image Courtesy: Port of LA

Import cargo volume at major US retail container ports is expected to decline year-over-year for the next few ...

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Infographic: Top 10 Shipowning Nations by Value

top 10 sh

Today we look at an infographic showing Top 10 Shipowning Nations by Value (USD Millions), including the percentage ...

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North Korean’s OMM Continues Dodging UN Sanctions

Image Courtesy: Shipspotting

North Korean shipping company Ocean Maritime Management Company Limited (OMM) continues to evade sanctions by ...

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Alphaliner: FE-ECSA Rates Hit Rock Bottom

Image Courtesy: MSC

Poor market conditions have prompted freight rates in the Far East to East Coast South America (FE – ECSA) ...

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Edison Chouest Offshore Bringing Its Operations to Gulfport

Image Courtesy: ECO

Edison Chouest Offshore, an offshore energy service and supply company, is locating shipbuilding operations at the ...

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Eagle Bulk Given More Time to Deal with Liquidity Issues

Image Courtesy: Eagle Bulk

US-based operator of dry bulk cargo vessels Eagle Bulk Shipping has reached an agreement with its lenders to ...

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Update: CSCL Indian Ocean Reaches Hamburg

Image Courtesy: Havariecommando

China Shipping Container Lines’ stricken boxship CSCL Indian Ocean has arrived at Hamburg Port and tied up at ...

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Drewry: To Slow Steam or Not to Slow Steam?

Image Courtesy: Maersk Line

Bunker prices are now at a low level not seen since the early 2000s and with much lower marine fuel prices big ...

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Navig8 Chemical Tankers Back to Black, Bullish on Outlook

Image Courtesy: Navig8

Navig8 Chemical Tankers Inc. has returned to profit reporting a net income of USD 9.1 million for the three months ...

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Hurricane Storm Cuts Anthem of the Seas' Voyage Short

Image Courtesy: RCL

Royal Caribbean’s Anthem of the Seas was battered by the severe hurricane-force storm off Cape Hatteras on ...

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Tallink’s LNG-Powered Fast Ferry Begins Taking Shape

Image Courtesy: Tallink

The hull assembly of Tallink’s new fast ferry Megastar started today at the Meyer Turku shipyard. The ferry will ...

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