Golar-Schlumberger Tie-Up Unaffected by Fortuna Decision

Image Courtesy: Golar LNG

Schlumberger’s withdrawal from the Fortuna/Ophir development will not in any way influence the framework ...

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Royal Caribbean’s Q1 Profit Beats Forecast

RCL

New York-listed cruise line company Royal Caribbean Cruises reported adjusted first quarter earnings worth USD 124 ...

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Breaking: EU Approves CMA CGM’s Acquisition of NOL

Image Courtesy: Port of Los Angeles

French container shipping major CMA CGM announced today that it has received approval from the European Commission ...

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Grounded Boxship Suspends Northbound Convoys in Suez

Image Courtesy: Dredging Suez Canal

Northbound convoys in the Suez Canal have been suspended following grounding of a 153,514 DWT containership ...

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Phase 1 of Singapore’s Mega Terminal Project Kicks Off

Image Courtesy: MPA

Phase 1 of the Tuas Terminal project, which upon completion will boast 20 deep-water berths capable of handling ...

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In Depth>

Yamal LNG Secures Funding from Chinese Banks

Image Courtesy: DSME

Russia’s USD 27 billion Yamal LNG project has secured financing from two Chinese banks worth a total of USD ...

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Fitch: Mergers and Acquisitions Trump Alliances

Image Courtesy: Hapag-Lloyd

Mergers and acquisitions (M&A), rather than more popular alliances, are inevitable to address overcapacity and ...

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China Cosco’s Net Loss Widens to USD 690 Mn

Image Courtesy: China Cosco Holdings

Hong-Kong listed shipping and logistics company China Cosco Holdings Co (CCHC) has reported a major rise in its net ...

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SHI’s Q1 Net Profit Climbs 45.9 Pct

Image Courtesy: SHI

Korea-listed Samsung Heavy Industries (SHI) booked a net profit of KRW 15.9 billion (USD 13.9 million) in the first ...

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Spotted: Ulstein’s 1st X-STERN Afloat

The first of two service operation vessels being built for the offshore wind industry was launched yesterday at ...

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Precious Shipping Drops Newbuild Trio at Sanfu

Image Courtesy: PSL

Bangkok-listed dry cargo ship-owner Precious Shipping said it will cancel three shipbuilding ...

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Carnival Vista Handed Over to Carnival Cruise Line

Image Courtesy: Fincantieri

Miami-based Carnival Cruise Line took delivery of its newest and largest ship, the 133,500-ton Carnival Vista at a ...

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Blacklisted Indian-Flagged Tanker Returning to Libya

Image Courtesy: Shipspotting

The Indian-flagged tanker that was blacklisted by the UN Security Council for carrying ‘illicit’ oil ...

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MPA Takes Bunkering Licences from Two Companies

Image Courtesy: Vermont UM Bunkering

Two bunkering companies have been denied operations as bunker suppliers and bunker craft operators in the Port of ...

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Events>

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7th Annual International Port Security Conference

The SMi Group announces the 7th annual International Port Security Conference. The event will be held in London on the 1st and 2nd of June 2016.

The conference aims to bring together key decision makers in the industry to discuss modern methods of port security and provide effective learning experiences for all delegates through the carefully selected expert speaker line up.

Interacting with delegates from across the globe and hearing from industry leading experts will ensure delegates are up-to-date with high priority information that enables you to best secure your seaports, civilians and means of trade.

Topics to be discussed include terrorism, cyber terrorism, emergency intervention procedures, optimising technology use in security checks and case studies featuring some of the largest ports across the world. Our diverse range of topics will allow delegates to learn best practices for port security and understand further how other ports are resolving core challenges.

More info

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Canada LNG Export Conference and Exhibition 2016

Following the tremendous success of DMG’s 3rd Annual Canada LNG Export Conference & Exhibition, those fundamental to the development of LNG…

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ACI’s 6th Maritime Security Management Asia

The conference will address detailed risk management and planning strategies that can be put in place in accordance with major regulations…

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2nd Annual Global Tax Optimisation for Shipping 2016

In this expert briefing, delegates will gain insights on recent updates, strategies and solutions for strategic as well as day-to-day tax challenges…

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Encouraging Start of the Year for DP World

Image Courtesy: DP World

Dubai’s port and terminal operator DP World closed the first quarter of this year with 15.5 million ...

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Wan Hai Lines, K Line and PIL Join Forces on Transpacific

Image Courtesy: WSC

Taiwan’s shipping company Wan Hai Lines has sealed a deal with Japan’s Kawasaki Kisen Kaisha (“K”Line) ...

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HHI Axes Quarter of Its Executive Personnel

Image Courtesy: Hyundai Heavy Industries

South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has laid off 25 per cent of its executives as a ...

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Shell Scraps USD 4.6 Bn FLNG Order at Samsung Heavy

Image Courtesy: Samsung Heavy Industries

South Korea’s shipbuilder Samsung Heavy Industries has received a contract termination for three floating ...

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COSCO Pacific Earns Less in 1st Quarter

Image Courtesy: COSCO Pacific Limited

Hong Kong-based container terminal operator COSCO Pacific Limited has seen its profit drop by 25.8 percent to USD ...

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Japan’s Big Three Wrap Up FY 2015 in Losses

Image Courtesy: Hamburg Hafen

Japanese big three shipping companies Mitsui O.S.K. Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK Line) and ...

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Vessel Owners Warned of Dangers of Shipping Indonesian Coal

Image Courtesy: London P&I Club

Following a number of recent incidents the mutual insurance company The London P&I Club has issued a ...

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Panama Canal Dismisses ITF Safety Study on New Locks

Image Courtesy: Panama Canal Authority

The Panama Canal Authority considers inadmissible the safety study presented on Wednesday, April 27 in Panama ...

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DryShips' Ability to Continue Compromised?

Image Courtesy: Nasdaq

 New York-listed owner of drybulk carriers and offshore support vessels DryShips said that it had defaulted on some ...

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UN Blacklists India-Flagged Tanker for 'Illegal' Oil Cargo

Image Courtesy: Shipspotting

The UN Security Council Committee has blacklisted India-flagged tanker Distya Ameya for being involved in attempts ...

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New Mission Needed to Retrieve El Faro’s VDR

Image Courtesy: Tote Maritime

Another mission will be required to recover the voyage data recorder of the sunken cargo ship El Faro, according to ...

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EU Unveils New Arctic Strategy

Image Courtesy: Danish Shipowners' Association

The European Commission launched yesterday its new Arctic Strategy, including 39 actions focusing on climate ...

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